More documents from Bajo-Rubio, Oscar; Esteve, Vicente; Díaz-Roldán, Carmen
More documents from Applied Economics

Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

US deficit sustainability revisited: A multiple structural change approach

[journal article]

Bajo-Rubio, Oscar; Esteve, Vicente; Díaz-Roldán, Carmen

fulltextDownloadDownload full text

(388 KByte)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:

Further Details
Abstract In this paper we re-examine the long-run sustainability of US budget deficits, using Bai and Perron's multiple structural change approach. While the deficit would have been weakly sustainable over the full sample (1947:1-2005:3), strong sustainability would appear only between 1982:1 and 1996:2.
Document language English
Publication Year 2008
Page/Pages p. 1609-1613
Journal Applied Economics, 40 (2008) 12
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)