Government Debt Reduction in the USA and Greece: A Comparative VECM Analysis
The purpose of this paper is to estimate comparative debt reduction models for the USA and Greece using Vector Error Correction Model analysis and Granger causality test. The study provides an empirical framework that could assist in policy formulation for countries with high debt rates as well a...
Main Authors: | Gisele MAH, Itumeleng P. MONGALE, Janine MUKUDDEM-PETERSEN |
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Format: | Article |
Language: | English |
Published: |
Ala-Too International University
2016-11-01
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Series: | Eurasian Journal of Business and Economics |
Subjects: | |
Online Access: | http://www.ejbe.org/EJBE2016Vol09No18p099MAH-MONGALE-MUKUDDEMPETERSEN.pdf |
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