Threshold Effects in the U.S. Budget Deficit. ECONOMIC INQUIRY

Andrea Cipollini, Bassam Fattouh, Andrea Cipollini, Philip Arestis

Risultato della ricerca: Articlepeer review

40 Citazioni (Scopus)

Abstract

We contribute to the debate on whether the U.S. large federal budget deficits are sustainable in the long run. We model the U.S. government deficit per capita as a threshold autoregressive process. We find evidence that the U.S. budget deficit is sustainable in the long run and that economic policy makers will only intervene to reduce per capita deficit when it reaches a certain threshold.
Lingua originaleEnglish
pagine (da-a)214-222
Numero di pagine9
RivistaEconomic Inquiry
Volume42
Stato di pubblicazionePublished - 2004

All Science Journal Classification (ASJC) codes

  • ???subjectarea.asjc.1400.1400???
  • Economics and Econometrics

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