Now showing items 1-4 of 4

  • Are Greek budget deficits 'too large'? 

    Fountas, Stilianos (National University of Ireland, Galway, 1995-09)
    We use a residual-based cointegration test suggested by Gregory and Hansen (1992) that allows for the determination of a structural break in the cointegrating vector to test for the sustainability of Greek fiscal deficits ...
  • Are the US current account deficits really sustainable? 

    Fountas, Stilianos (National University of Ireland, Galway, 1998-03)
    We have tested for a long-run relationship between four US export measures and analogous import measures (measured in nominal and real terms, levels and deflated by GNP) in the 1967-1994 period using quarterly data. ...
  • Current Account Deficit Sustainability: A Panel Approach 

    Fountas, Stilianos (National University of Ireland, Galway, 2004)
    In this paper we attempt to examine the issue of sustainability of current account imbalances in eight East Asia countries using the latest developments in nonstationary panel data analysis. The methods of nonstationary ...
  • On the Sustainability of Current Account Deficits: Evidence from Four ASEAN Countries 

    Fountas, Stilianos (National University of Ireland, Galway, 2002)
    This paper examines the sustainability of the current account imbalance for four ASEAN countries (Indonesia, Malaysia, the Philippines and Thailand) over the 1961-1999 period. To this end, we utilize the intertemporal ...