Are EU budget deficits stationary?

"In this paper, we test for the stationarity of European Union budget deficits over the period 1971-2006, using a panel of thirteen member countries. Our testing strategy addresses two key concerns with regard to unit root panel data testing, namely (1) the presence of cross-sectional dependenc...

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Detalles Bibliográficos
Autores Principales: "Holmes, Mark J., Otero, Jesús, Panagiotidis, Theodore"
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: 2010
Acceso en línea: