Fiscal Sustainability of Eurozone Governments: An Empirical Review of the Past Decade
- Astrid Ayala
- Szabolcs Blazsek
Abstract
We provide an empirical review of fiscal sustainability of Eurozone governments by using quarterly data on debt to Gross Domestic Product (GDP) and primary deficit to GDP over the period 1999 to 2010. We verify the conditions of fiscal sustainability, defined by the government’s present value borrowing constraint, by applying unit root tests that involve one, two, or multiple structural breaks. We select the best performing model of structural breaks and group Eurozone governments with respect to fiscal sustainability.- Full Text:
PDF
- DOI:10.5539/res.v6n1p143
Journal Metrics
- Google-based Impact Factor (2021): 0.85
- h-index (December 2021): 35
- i10-index (December 2021): 262
- h5-index (December 2021): 18
- h5-median(December 2021): 24
( The data was calculated based on Google Scholar Citations. Click Here to Learn More. )
Index
- Academic Journals Database
- ACNP
- CNKI Scholar
- COPAC
- DTU Library
- Elektronische Zeitschriftenbibliothek (EZB)
- EuroPub Database
- Excellence in Research for Australia (ERA)
- Genamics JournalSeek
- Google Scholar
- Harvard Library
- HeinOnline
- IBZ Online
- Infotrieve
- JournalTOCs
- LOCKSS
- MIAR
- Mir@bel
- PKP Open Archives Harvester
- Publons
- RePEc
- ResearchGate
- ROAD
- Scilit
- SHERPA/RoMEO
- Standard Periodical Directory
- Technische Informationsbibliothek (TIB)
- The Keepers Registry
- UCR Library
- Universe Digital Library
- WorldCat
- Zeitschriften Daten Bank (ZDB)
Contact
- Paige DouEditorial Assistant
- res@ccsenet.org