Search results for "procyclical fiscal policy"

showing 2 items of 2 documents

The Analysis on the Cyclical Behaviour of Fiscal Policy in the EU Member States

2013

Abstract This paper deals with the topic of cyclicality of fiscal policy. The main purpose of this paper is to determine the cyclical behaviour of fiscal policy in the EU member states, using historical time series for all the European countries during the period between 1995- 2011. The results pointed out that the procyclical fiscal policies are a feature of developing countries and the countercyclical and acyclical fiscal policies are a feature of developed counties.

MacroeconomicsFiscal imbalanceCountercyclical fiscal policyPublic expendituresMember statesGeneral EngineeringEconomicsEnergy Engineering and Power TechnologyDeveloping countryFiscal unionBudget balanceFiscal policyProcyclical fiscal policyProcedia Economics and Finance
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Procyclical, Countercyclical and Acyclical Fiscal Policies

2020

This study is limited to aspects related to the nature of the applied fiscal policy. An analysis with theoretical elements contributes to the understanding of the characteristics of procyclical, countercyclical and acyclic fiscal policies. Moreover, a description of them based on the fiscal instruments used (government revenues and expenditures) facilitates the capture of the main features and implications on the economies of emerging countries compared to developed countries. The study also includes an analysis of the manifestation of gross domestic product before and after the economic crisis of 2008. The data used are quarterly, seasonally adjusted and deflated by GDP deflator to be expr…

procyclical fiscal policylcsh:HB71-74acyclical fiscal policyfiscal instrumentslcsh:Economics as a sciencelcsh:Businesscountercyclical fiscal policylcsh:HF5001-6182economic developmentOvidius University Annals: Economic Sciences Series
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