In this paper we analyze the relationship between public primary deficit and debt for Italian sustainability over the 1862-2013 years. Our empirical strategy uses the wavelet analysis. The evidence confirms the absence of fiscal sustainability in the long-run for Italy, reinforcing the need for a rebalancing of the public accounts.

Magazzino, C., Forte, F., Giolli, L. (2022). On the Italian public accounts’ sustainability: a wavelet approach. INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 27(1), 943-952 [10.1002/ijfe.2184].

On the Italian public accounts’ sustainability: a wavelet approach

Cosimo Magazzino
;
Francesco Forte;Lorenzo Giolli
2022-01-01

Abstract

In this paper we analyze the relationship between public primary deficit and debt for Italian sustainability over the 1862-2013 years. Our empirical strategy uses the wavelet analysis. The evidence confirms the absence of fiscal sustainability in the long-run for Italy, reinforcing the need for a rebalancing of the public accounts.
2022
Magazzino, C., Forte, F., Giolli, L. (2022). On the Italian public accounts’ sustainability: a wavelet approach. INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 27(1), 943-952 [10.1002/ijfe.2184].
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11590/350673
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 15
  • ???jsp.display-item.citation.isi??? 16
social impact