Afonso, AntónioJalles, João Tovar2022-09-212022-09-212015Afonso, António and João Tovar Jalles.(2015). "Fiscal sustainability: a panel assessment for advanced economies". Applied Economics Letters, Vol. 22, No.11: pp. 925-929.1466-4291 (Online)http://hdl.handle.net/10400.5/25562We assess the sustainability of public finances in OECD countries using panel unit root and cointegration analyses. Results show no cointegration (no sustainability) between revenues and expenditures, improvement of the primary balances after worsening debt ratios and causality from government debt to primary balances.engDebtPrimary BalanceStationarityPanel AnalysisFMOLSjournal article10.1080/13504851.2014.987913