Analyzing Fiscal Sustainability in Latin American Countries: A Time–Frequency Perspective

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dc.contributor.affiliationMarín-Rodríguez, N.J., Grupo de Investigación en Ingeniería Financiera GINIF, Programa de Ingeniería Financiera, Facultad de Ingenierías, Universidad de Medellín, Medellin, 050026, Colombia
dc.contributor.affiliationGonzalez-Ruiz, J.D., Grupo de Investigación en Finanzas y Sostenibilidad, Departamento de Economía, Facultad de Ciencias Humanas y Económicas, Universidad Nacional de Colombia, Sede Medellín, Medellin, 050034, Colombia
dc.contributor.affiliationPeña, A., Información y Gestión, Universidad EAFIT, Medellin, 050022, Colombia
dc.contributor.authorMarín-Rodríguez N.J
dc.contributor.authorGonzalez-Ruiz J.D
dc.contributor.authorPeña A.
dc.date.accessioned2024-07-31T21:06:49Z
dc.date.available2024-07-31T21:06:49Z
dc.date.issued2024
dc.descriptionThis study examines fiscal sustainability in Latin American countries from a unique time–frequency perspective, focusing on Brazil, Chile, Colombia, Peru, and Mexico from 1997 to 2022. Using wavelet coherence analysis, it uncovers dynamic relationships between government revenue and expenditure over different time horizons, revealing varying causality patterns across countries and periods. The findings underscore the importance of balanced fiscal planning and resource allocation to ensure fiscal sustainability and support economic growth. This research contributes to a deeper understanding of Latin America’s economic landscape and provides valuable insights for policymakers, economists, and stakeholders concerned with the region’s economic stability and development. © 2024 by the authors.
dc.identifier.doi10.3390/economies12050111
dc.identifier.instnameinstname:Universidad de Medellínspa
dc.identifier.issn22277099
dc.identifier.reponamereponame:Repositorio Institucional Universidad de Medellínspa
dc.identifier.repourlrepourl:https://repository.udem.edu.co/
dc.identifier.urihttp://hdl.handle.net/11407/8402
dc.language.isoeng
dc.publisherMultidisciplinary Digital Publishing Institute (MDPI)spa
dc.publisher.facultyFacultad de Ingenieríasspa
dc.publisher.programIngeniería Financieraspa
dc.relation.citationissue5
dc.relation.citationvolume12
dc.relation.isversionofhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85194174113&doi=10.3390%2feconomies12050111&partnerID=40&md5=6093f11944ca2f85c76fa077dcced12e
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dc.rights.accessrightsinfo:eu-repo/semantics/restrictedAccess
dc.sourceEconomies
dc.sourceEconomies
dc.sourceScopus
dc.subjectEconomic stabilityeng
dc.subjectEconomicseng
dc.subjectFiscal policyeng
dc.subjectFiscal sustainabilityeng
dc.subjectWavelet analysiseng
dc.titleAnalyzing Fiscal Sustainability in Latin American Countries: A Time–Frequency Perspectiveeng
dc.typearticle
dc.type.localArtículospa
dc.type.versioninfo:eu-repo/semantics/publishedVersion

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