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  • 标题:A wavelet analysis of Italian fiscal sustainability
  • 本地全文:下载
  • 作者:Cosimo Magazzino ; Mihai Mutascu
  • 期刊名称:Journal of Economic Structures
  • 电子版ISSN:2193-2409
  • 出版年度:2019
  • 卷号:8
  • 期号:1
  • 页码:1-13
  • DOI:10.1186/s40008-019-0151-5
  • 出版社:Springer Berlin / Heidelberg
  • 摘要: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 Italy. This reversed much of the results of previous empirical literature, due to traditional time series approach and a shorter time horizon.
  • 关键词:Fiscal sustainability; Wavelet analysis; Italy; C22; E62; H62; H63
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