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 multicointegra...

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Autores Principales: Campos, Eduardo Lima, Cysne, Rubens Penha
Formato: Online
Idioma:eng
Publicado: EdiUNS 2020
Acceso en línea:https://revistas.uns.edu.ar/ee/article/view/1944
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