Now showing items 1-2 of 2

    • The asymmetric behavior of the U.S. public debt 

      Lima, Luiz Renato Regis de Oliveira; Sampaio, Raquel Menezes Bezerra
      2005-07-01
      In this paper we re-analyze the question of the U.S. public debt sustainability by using a quantile autoregression model. This modeling allows for testing whether the behavior of U.S. public debt is asymmetric or not. Our ...
    • Debt ceiling and fiscal sustainability in Brazil: a quantile autoregression approach 

      Lima, Luiz Renato Regis de Oliveira; Sampaio, Raquel Menezes Bezerra; Gaglianone, Wagner Piazza
      2006-11-01
      In this paper we investigate fiscal sustainability by using a quantile autoregression (QAR) model. We propose a novel methodology to separate periods of nonstationarity from stationary ones, which allows us to identify ...