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2006 | 53 | 2 | 158-174
Tytuł artykułu

Tightening and loosening - on the structure of the fiscal policy of systemic change

Autorzy
Warianty tytułu
Języki publikacji
HU
Abstrakty
EN
The study sets out to examine the budgetary policy of the transition from a planned to a market economy. There are precedents in the literature for the method chosen, mainly in the works of Alberto Alesina and co-authors. Essentially, the actions of budgetary policy measurable at balance level are placed in interpretable categories. The analyses just mentioned concern OECD countries, while the study examining the peculiarities of the East-European transition is Catriona Purfield's, but this pioneer work can be criticized at several points. The main conclusion of this study is that the budgetary actions affected the macroeconomic indices primarily by altering expectations: the desired effects were easily obtained where and when governmental intentions appeared clearly. The actions not sustainable from the theoretical point of view proved in practice to be transitional.
Rocznik
Tom
53
Numer
2
Strony
158-174
Opis fizyczny
Rodzaj publikacji
ARTICLE
Twórcy
autor
  • B. Kotosz, no address given, contact the journal editor
Bibliografia
Typ dokumentu
Bibliografia
Identyfikatory
CEJSH db identifier
07HUAAAA02986105
Identyfikator YADDA
bwmeta1.element.067c9333-4b45-3553-b380-32ed080fa653
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