Non-Keynesian effects of Government Spending: Some implications for the Stability and Growth Pact

Maria Neicheva
Authors registered in the RePEc Author Service: Mariya Neycheva

MPRA Paper from University Library of Munich, Germany

Abstract: The paper focuses on the non-Keynesian effects of fiscal policy, specifically government expenditure on output in Bulgaria. The main finding of the study is that the size of the fiscal impulse is the most important determinant of the non-Keynesian outcome. Also, the results imply that the “balanced-budget rule” does not automatically assure growth; the regulations regarding the budgetary categories themselves should also be considered.

Keywords: Fiscal policy; Non-Keynesian effects; balanced-budget rule; Stability and Growth Pact (search for similar items in EconPapers)
JEL-codes: E62 (search for similar items in EconPapers)
Date: 2007-09
New Economics Papers: this item is included in nep-mac and nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/5277/1/MPRA_paper_5277.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:5277

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().