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Assessing Fiscal Stimulus Efficiecy In Poland And Greece

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  • Alexandru Leonte

    (Bucharest Academy of Economic Studies)

Abstract

The study of private sector response to fiscal policy decisions is a topic of macroeconomic research which has drawn much attention throughout the years. Recently, in the context of the economic crisis, a number of issues in the area of fiscal policy are being revisited and reevaluated. This paper attempts to study the impact of fiscal policy on private consumption and economic growth in two European Union countries, Greece and Poland. We find that there is a strong connection between fiscal policy and output in Poland. For Greece, the influence of fiscal policy on output is irrelevant.

Suggested Citation

  • Alexandru Leonte, 2011. "Assessing Fiscal Stimulus Efficiecy In Poland And Greece," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 5(5(558)(su), pages 798-804, July.
    • Handle: RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:798-804
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