Macroeconomic Influence Of Fiscal Policy During The Eurointegration Process
The article investigates the interconnection of budget deficits and main macroeconomic activities of Central European Countries (CEC). The most adequate theoretical instrument, which can explain the phenomena of quick budget’s deficit increasing on the threshold of EU integration, is the model of intertemporal consumption optimization. Econometric estimation of fiscal policy effects was done for five CEC by the period of 1995–2009 using a structural Vector Autoregression approach. Empirical results showed that Poland is the ideal illustration of theoretically foreseen consequences of fiscal policy in the model of intertemporal optimization of consumption.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
When requesting a correction, please mention this item's handle: RePEc:uje:journl:y:2011:i:12:p:14-19. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vadym Bardas')
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.