Sustainability of the Brazilian public debt: An analysis using multicointegration
According to Bohn (1995), conventional econometric analysis of sustainability, based on unit root tests on the government debt-to-GDP series or cointegration analysis between revenues and expenses, are inconclusive to verify the sustainability of the fiscal policy. This paper uses the multicointegr...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Editorial de la Universidad Nacional del Sur (Ediuns)
2020-08-01
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| Series: | Estudios Económicos |
| Subjects: | |
| Online Access: | https://ojs.uns.edu.ar/ee/article/view/1944 |