English, Article edition: On the sustainability of the Spanish public budget performance FRANCISCO DE CASTRO; PABLO HERNÁNDEZ DE COS

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/163104
Physical Description
  • article
Language
  • English

Edition details

Title
  • On the sustainability of the Spanish public budget performance
Author
  • FRANCISCO DE CASTRO
  • PABLO HERNÁNDEZ DE COS
Physical Description
  • article
Notes
  • In this paper, we address the issue of whether the current fiscal policy in Spain is sustainable. For this purpose we apply traditional empirical tests of fiscal sustainability proposed in the literature and, in addition, we introduce a deeper univariate analysis of the series involved. Our results show that a structural break seems to have taken place gradually in the Spanish budget performance, allowing to verifying the intertemporal borrowing constraint in a «strong sense», which means that no problems in marketing public debt are expected to arise if fiscal variables follow the pattern of the past in the future. Classification-JEL : E60, F41,
  • : Sustainability, cointegration, structural breaks, intertemporal borrowing constraint.
  • RePEc:hpe:journl:y:2002:v:160:i:1:p:9-28
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment