WebDownloadable! In this paper we test whether German public debt has been sustainable by resorting to a test proposed by Bohn (1998). We apply non-parametric and semi-parametric regressions with time depending coefficients. This test shows that the mean of the coefficient relevant for sustainability has been significantly positive over the time period … WebWe use a model-based approach proposed by Bohn (1998) to test for state fiscal sustainability. In this approach, a positive response of the primary surplus to government debt (both as a ratio of output) constitutes a sufficient condition for sustainability. We use the data for panel of 48 contagious states (1961-2008) and several model ...
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Web63% of Fawn Creek township residents lived in the same house 5 years ago. Out of people who lived in different houses, 62% lived in this county. Out of people who lived in … WebAug 1, 1998 · The behaviour of U.S. public debt and deficits during the global financial crisis. Thành Nguyen. Economics. 2024. In this paper we test the sustainability of U.S. public … gramma\\u0027s kitchen honokaa menu
Are Theory-Based Debt Sustainability Indicators Useful for …
WebOur tests are in line with the literature on fiscal reaction functions pioneered by Bohn (1998) with an application to U.S. data, and extended to a cross-country fiscal panel by Mendoza and Ostry (2008).5 However, these reaction functions were estimated using fiscal datasets in which public debt and fiscal balances are stationary as shares ... WebApplications of Bohn’s MBS test have focused almost exclusively on running such a test on data for the United States (see Bohn (1998), (2005)).2 The issue, however, is of much broader interest given the greater systemic importance of a number of industrial and emerging market countries than even a few years ago, and the need to view progress in WebBohn is a German surname. Notable people with the surname include: Adam Bohn, video game developer and founder of Artix Entertainment. Carsten Bohn (born 1948), German … grammer ilmaistuimet