A wavelet analysis of Italian fiscal sustainability

被引：0
作者：
Magazzino C. [1 ]
Mutascu M. [2 ]
机构：
[1] Department of Political Sciences, Roma Tre University, Rome
[2] ESCE International Business School Paris, Paris
来源：
Journal of Economic Structures | / 8卷 / 1期
关键词：
Fiscal sustainability; Italy; Wavelet analysis;
D O I：
10.1186/s40008-019-0151-5
中图分类号：
学科分类号：
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. © 2019, The Author(s).
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