Afonso, AntónioJalles, João Tovar2015-03-112015-03-112015Afonso, António e João Tovar Jalles .2015. "Fiscal sustainability : a panel assessment for advanced economies ". Instituto Superior de Economia e Gestão. DE Working papers nº 5-2015/DE/UECE2183-1815http://hdl.handle.net/10400.5/8143We 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; causality from government debt to primary balances.engDebtPrimary BalanceStationarityPanel AnalysisFMOLSworking paper