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https://doi.org/10.1080/1331677X.2015.1041779

The optimal fiscal rule in the context of accession to the Eurozone

Piotr Krajewski
Michał Mackiewicz
Katarzyna Piłat

Puni tekst: engleski, pdf (399 KB) str. 398-406 preuzimanja: 141* citiraj
APA 6th Edition
Krajewski, P., Mackiewicz, M. i Piłat, K. (2015). The optimal fiscal rule in the context of accession to the Eurozone. Economic research - Ekonomska istraživanja, 28 (1), 398-406. https://doi.org/10.1080/1331677X.2015.1041779
MLA 8th Edition
Krajewski, Piotr, et al. "The optimal fiscal rule in the context of accession to the Eurozone." Economic research - Ekonomska istraživanja, vol. 28, br. 1, 2015, str. 398-406. https://doi.org/10.1080/1331677X.2015.1041779. Citirano 23.01.2020.
Chicago 17th Edition
Krajewski, Piotr, Michał Mackiewicz i Katarzyna Piłat. "The optimal fiscal rule in the context of accession to the Eurozone." Economic research - Ekonomska istraživanja 28, br. 1 (2015): 398-406. https://doi.org/10.1080/1331677X.2015.1041779
Harvard
Krajewski, P., Mackiewicz, M., i Piłat, K. (2015). 'The optimal fiscal rule in the context of accession to the Eurozone', Economic research - Ekonomska istraživanja, 28(1), str. 398-406. https://doi.org/10.1080/1331677X.2015.1041779
Vancouver
Krajewski P, Mackiewicz M, Piłat K. The optimal fiscal rule in the context of accession to the Eurozone. Economic research - Ekonomska istraživanja [Internet]. 2015 [pristupljeno 23.01.2020.];28(1):398-406. https://doi.org/10.1080/1331677X.2015.1041779
IEEE
P. Krajewski, M. Mackiewicz i K. Piłat, "The optimal fiscal rule in the context of accession to the Eurozone", Economic research - Ekonomska istraživanja, vol.28, br. 1, str. 398-406, 2015. [Online]. https://doi.org/10.1080/1331677X.2015.1041779

Sažetak
The aim of the paper is to compare the macroeconomic effects of fiscal rules that can be applied in the context of the future full participation of Poland in the Economic and Monetary Union. The results of our analyses show that we observe the smallest changes in the structural balance when fiscal policy is aimed at both GDP stabilisation and business cycles synchronisation. Unfortunately, when we analyse the characteristics of the fiscal rule we discover that the possibility of effective practical application of such a rule is very limited. The reason for this may be the lack of transparency and delays we face in publishing macroeconomic data, which is indispensable for fiscal rule application.

Ključne riječi
fiscal policy; fiscal rules; EMU; business cycles; synchronisation; budget deficit

Hrčak ID: 171528

URI
https://hrcak.srce.hr/171528

Posjeta: 213 *