Dynamic Heterogeneous Panel Analysis of Financial Market Disciplinary Effects on Fiscal Balance

This attachment contains data linked to the research article titled "Dynamic Heterogeneous Panel Analysis of Financial Market Disciplinary Effects on Fiscal Balance".The dataset contains cyclically adjusted primary balance, long-term interest rate, interest payment as a share of revenue, effective borrowing cost, lagged public debt as a share of GDP, fiscal rule index, VXO index, EMU dummy, and partial sums of positive and negative changes in the long-term interest rate, interest payment, effective borrowing cost, and strucural primary balance.