Countries | Budget Deficit | Inflation | ||
PP | KPSS | PP | KPSS | |
Belgium | −3.70** | 0.31*** | −3.89** | 0.10 |
Cyprus | −4.51** | 0.09 | −4.27*** | 0.03 |
France | −2.59 | 0.19** | −3.47** | 0.13* |
Germany | −9.72*** | 0.09 | −3.38* | 0.04 |
Netherlands | −1.84 | 0.24*** | −2.66 | 0.07 |
Spain | −2.06 | 0.19** | −2.37 | 0.09 |
Sweden | −1.71 | 0.24*** | −2.52 | 0.07 |
UK | −2.19 | 0.19** | −2.06 | 0.26*** |