The Stabilising Role Of The Fiscal And Budgetary Policies Within The Simplified Keynesian Model
AbstractThe purpose of the paper is to investigate the fiscal and budgetary policies using the simplified Keynesian model. It focuses on the imbalance in the fiscal and budgetary policies trying to justify the rationality of the deficits: the political strategic aspect to leave a hardto- administrate legacy, and the inter-party conflict, which may influence the budgetary decisions of the government. The purpose of the presentation is to show the stabilizing role of the public budget in relation with the full employment goal.
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Bibliographic InfoArticle provided by Centre of Financial and Monetary Research "Victor Slavescu" in its journal Studii Financiare (Financial Studies).
Volume (Year): 15 (2011)
Issue (Month): 2 ()
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Keynesian model; fiscal policy; budgetary policy; multiplier;
Find related papers by JEL classification:
- B19 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Other
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
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