Hagemejer, Jan; Jedrzejowicz, Tomasz; Zolkiewski, Zbigniew - In: Bank i Kredyt 42 (2011) 3, pp. 33-66
dynamic computable general equilibrium model. Our results show that, while the tightening has a negative effect on consumption … flexibility of the labour market and the behavior of private investment. We conclude that the expenditure-focused tightening …