ASSESSING FISCAL STIMULUS EFFICIECY IN POLAND AND GREECE

Alexandru Leonte
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Alexandru Leonte: Bucharest Academy of Economic Studies

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 798-804

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.

Keywords: fiscal policy; multiplier effect; Ricardian behavior; Keynesian behavior. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:798-804

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