Sustainability of the Brazilian public debt: An analysis using multicointegration

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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 multicointegra...

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Bibliographic Details
Published in:Estudios Económicos
Main Authors: Eduardo Lima Campos, Rubens Penha Cysne
Format: Article
Language:English
Published: Editorial de la Universidad Nacional del Sur (Ediuns) 2020-08-01
Subjects:
public debt
debt sustainability
multicointegration
Online Access:https://revistas.uns.edu.ar/ee/article/view/1944

Internet

https://revistas.uns.edu.ar/ee/article/view/1944

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