Macroeconomic effects of fiscal policy transmission mechanism under financial crisis

Virchenko A.
Additional contact information
Virchenko A.: Taras Shevchenko National University of Kyiv

Bulletin of Taras Shevchenko National University of Kyiv. Economics. Вісник Киiвського нацiонального унiверситету iм. Тараса Шевченка. Серiя: Економiка, 2012, issue 141, 62-64

Abstract: The paper focuses on specific effects of each of the element of fiscal policy transmission mechanism on real economy sector. Key approaches to fiscal policy implementation and fiscal transmission channels definition are highlighted. A formalized description is suggested as to the effect of fiscal impulses on main macroeconomic indices. A necessity of implementing of macro-prudential fiscal policy aimed to meet the financial crisis is emphasized. Using logical method and comparative analysis, the author made an attempt to formulate general principles of taxation, expenditure, and government debt management. Crucial ways to design financial policy are outlined.

Keywords: ТРАНСМИССИОННЫЙ МЕХАНИЗМ БЮДЖЕТНО-НАЛОГОВОЙ ПОЛИТИКИ; НАЛОГООБЛОЖЕНИЕ; ГОСУДАРСТВЕННЫЕ РАСХОДЫ; СОВОКУПНЫЙ СПРОС; БЮДЖЕТНЫЙ ДЕФИЦИТ (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://cyberleninka.ru/article/n/macroeconomic-eff ... der-financial-crisis

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:scn:013723:14900099

Access Statistics for this article

More articles in Bulletin of Taras Shevchenko National University of Kyiv. Economics. Вісник Киiвського нацiонального унiверситету iм. Тараса Шевченка. Серiя: Економiка from CyberLeninka, Издательско-полиграфический центр «Киевский университет»
Bibliographic data for series maintained by CyberLeninka ().