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A Comparative Analysis of Fiscal Policy Changes in Selected European Union Countries outside the Eurozone

Author

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  • Szymańska Agata

    (Institute of Economics, Faculty of Economics and Sociology, University of Lodz, Lodz, Poland)

Abstract

The aim of this article is to investigate the fiscal policy changes in six Central and Eastern European countries outside the Eurozone: Bulgaria, the Czech Republic, Croatia, Hungary, Poland and Romania. The analysis covers the period from 2004 to 2017. The study uses changes in the cyclically-adjusted primary balance as a main indicator to assess the fiscal policy stance. The results indicate that, in general, over the period from 2004 to 2017, the fiscal stance in these countries was somewhat contractionary.

Suggested Citation

  • Szymańska Agata, 2019. "A Comparative Analysis of Fiscal Policy Changes in Selected European Union Countries outside the Eurozone," Comparative Economic Research, Sciendo, vol. 22(3), pages 131-143, September.
    • Handle: RePEc:vrs:coecre:v:22:y:2019:i:3:p:131-143:n:8
    DOI: 10.2478/cer-2019-0027
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    More about this item

    Keywords

    fiscal stance; cyclically-adjusted primary balance; non-Eurozone countries;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus

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