A wavelet analysis of Italian fiscal sustainability

Abstract In this paper, we analyse the relationship between public primary deficit and debt for Italian sustainability over the 1862–2013 years. Our empirical strategy uses the wavelet analysis. The empirical evidence suggests the presence of a substantial fiscal sustainability in the long run for I...

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Bibliographic Details
Main Authors: Cosimo Magazzino, Mihai Mutascu
Format: Article
Language:English
Published: SpringerOpen 2019-06-01
Series:Journal of Economic Structures
Subjects:
Online Access:http://link.springer.com/article/10.1186/s40008-019-0151-5