Arbeitspapier
Threshold effects in the US budget deficit
We contribute to the debate on whether the large U.S. 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 policymakers will intervene to reduce per capita deficit only when it reaches a certain threshold.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Paper ; No. 358
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
Arestis, Philip
Cipollini, Andrea
Fattouh, Bassam
- Event
-
Veröffentlichung
- (who)
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Levy Economics Institute of Bard College
- (where)
-
Annandale-on-Hudson, NY
- (when)
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2002
- Handle
- Last update
- 10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Arestis, Philip
- Cipollini, Andrea
- Fattouh, Bassam
- Levy Economics Institute of Bard College
Time of origin
- 2002
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