, Poland, Romania and Hungary). To achieve this performance, it embraced an economic growth model based on consumption rather …From 2014-2018 Romania recorded the fastest growth rate among the CESE-6 countries (Bulgaria, Croatia, Czech Republic … than investment. The government's strategy was to cut indirect taxes, increase public wages and old-age pensions but this …

, aggregate demand in the private sector, private consumption and private investment. The research is carried out using quarterly ….3 percent and private investment by 1.3 percent. In terms of level, an increment of 1 shekel in public consumption will increase … aggregate demand in the private sector by 1.3 percent, private consumption by 0.6 percent and private investment by 2 percent …

export of goods and services and government consumption expenditures and gross investment, have on the US Gross domestic … returns of the macroeconomic variables in terms of personal consumption expenditures, gross private domestic investment, net …. It has a positive variable loadings for government consumption expenditures and gross investment, (GCEGI) and negative …

particular after the crisis of 2008-2009. Which are investment- and export-led growth, which implies slower growth of consumption … investment, integration, and structural and policy deficiencies. These structural features have led to policy challenges in …

We empirically assess whether a usually expected negative response of private consumption and private investment to a … HP-based; and iii) the Hamilton (2018)-based. We find that: i) increases in government consumption have a Keynesian … effect on real per capita private consumption; ii) there is a positive effect of tax increases on private consumption when …