In our research, we intend to observe the influence of fiscal policy together with theinterest rate and inflation rate on economic growth in the European Union member states.Therefore, our goal is to identify the impact of the main instruments of fiscal policy, using anunrestricted panel VAR...

Abstract: In our study, using a descriptive research methodology based on survey and data interpretation, we are trying to state our opinion regarding the pro and cons of the Fiscal Compact, wheather our country made a step forward towards fiscal stabilization or a step backwards towards the...

In the heart of the debate on the appropriate level of the profit tax burden on host countries lies a challenging question: How does FDI respond to tax rates? Studies analyzing inter-state fluctuation show that, on average, FDI decreases by 3.7% when corporate tax rates increase by one...

The last centuries, it has been noticed that the economic activity does not unfold linearly, that the expansion periods are followed by a contraction of the economic activity, that the peak moments cannot be maintained endlessly and that, after recession, a relaunch of the economic activity may...

Interrelation of economic and financial phenomena and processes, characterized by varying degrees of intensity of events in time and space, generates, sometimes, difficulties for public authorities of all times, both economic and noneconomic nature. Disparities between countries and economic...

Tax competition between governments is a research topic of growing importance in the context of globalization. This subject is particularly important for the European Union, characterized by a high degree of economic integration, single currency and free movement of goods, services, persons and...

The specific levels and patterns of foreign direct investment in the Central and EasternEuropean countries could not be fully explained taking into account only the traditional economicdeterminants, as shown in the empirical studies undertaken so far. Hence, we search for someforeign direct...

The paper presents a comparative analysis of the amount and the structure of general government revenue in eight countries of the European Union for 2000-2008. The analysis aims at emphasizing both the individual and the similar features of fiscal policies within European Union countries. On the...

The link between investment decisions undertaken by economic agents and corporateincome (profit) taxation is well documented in theoretical studies realized so far. But, the empiricalevidence is very mixed and do not provide clear answers regarding the magnitude of the taxationeffects on...