Understanding fiscal challenges in the Eurozone: lessons from Greece, Italy, and France

dc.contributor.authorYakubovskyi, Serhii O.en
dc.contributor.authorЯкубовський, Сергій Олексійовичuk
dc.date.accessioned2026-01-12T11:03:52Z
dc.date.available2026-01-12T11:03:52Z
dc.date.issued2025
dc.description.abstractThe problem of the public debt rising is becoming increasingly urgent, especially for the Eurozone countries. This growing concern requires a comprehensive analysis of the relationships between key macroeconomic variables: the level of public debt, inflation dynamics and fiscal balance. These relationships are of interest not only from a scientific point of view, but also have significant practical significance, especially in the context of post-crisis recovery, ensuring fiscal sustainability and the changing role of monetary policy. The aim of this study is to assess and compare the dynamics of the above macroeconomic variables in France, Greece and Italy using modern econometric methods. In particular, the analysis is based on the use of vector autoregression (VAR) models and Granger causality tests in order to identify the strength and direction of the causal relationships between these indicators. By identifying the leading and dependent variables in each of the three economies, the study allows for a better understanding of how fiscal and monetary conditions interact over time. Acknowledgement: The research supporting this article, was partly sponsored by Central European University Foundation of Budapest (CEUBPF). The theses explained herein represent the ideas of the author, and do not necessarily reflect the views of CEUBPF.en
dc.identifier.citationYakubovskiy S. Understanding fiscal challenges in the Eurozone: lessons from Greece, Italy, and France / S. Yakubovskiy // Соціально-економічні наслідки сучасної бюджетної політики в ЄС, США та Україні [Електронний ресурс] : матеріали Міжнар. кругл. столу (Одеса, 28 черв. 2025 р.) / за заг. ред. С. О. Якубовського. – Електрон. текст. дані (1 файл : 2,2 МБ). – Одеса : Одес. нац. ун-т ім. І. І. Мечникова, 2025. – С. 9–11.en
dc.identifier.urihttps://dspace.onu.edu.ua/handle/123456789/43419
dc.language.isoen
dc.publisherОдеський національний університет імені І. І. Мечниковаuk
dc.subjectpublic debten
dc.subjectEurozoneen
dc.subjectmacroeconomic variablesen
dc.subjectinflation dynamicsen
dc.subjectfiscal balanceen
dc.subjectFranceen
dc.subjectGreeceen
dc.subjectItalyen
dc.subjectvector autoregression (VAR) modelsen
dc.subjectGranger causality testsen
dc.titleUnderstanding fiscal challenges in the Eurozone: lessons from Greece, Italy, and Franceen
dc.typeArticleen
Файли
Контейнер файлів
Зараз показуємо 1 - 1 з 1
Вантажиться...
Ескіз
Назва:
9-11.pdf
Розмір:
335.32 KB
Формат:
Adobe Portable Document Format
Ліцензійна угода
Зараз показуємо 1 - 1 з 1
Ескіз недоступний
Назва:
license.txt
Розмір:
1.71 KB
Формат:
Item-specific license agreed upon to submission
Опис: