Showing 1 - 10 of 23
Persistent link: https://www.econbiz.de/10002567189
The paper analyzes the effects of different reactions of fiscal (and to some extent monetary) policies to the Great Recession in Slovenia. We use the model SLOPOL8.1, an econometric model of the Slovenian economy, to simulate the effects of the global crisis under the assumption of no-policy...
Persistent link: https://www.econbiz.de/10010989366
We use a dynamic game model of a two-country monetary union to study the impacts of an exogenous fall in aggregate demand, the resulting increase in public debt, and the consequences of a sovereign debt haircut for a member country or bloc of the union. Two different scenarios for such a haircut...
Persistent link: https://www.econbiz.de/10010990135
The paper analyses the effects of different global developments and the resulting reactions of fiscal policies after the “Great Recession” on the Slovenian economy. We use the macro model SLOPOL8.1, an econometric model of the Slovenian economy, to simulate the effects of different scenarios...
Persistent link: https://www.econbiz.de/10010998786
Persistent link: https://www.econbiz.de/10009327290
Persistent link: https://www.econbiz.de/10009327581
In this paper, we investigate the trade-off between the need for budget consolidation and the desirability of expansionary fiscal policies as a means of demand management by simulating alternative scenarios with a macroeconometric model of the Slovenian economy. The simulations show that for the...
Persistent link: https://www.econbiz.de/10010867084
In this paper, we simulate a macroeconometric model of Slovenia over the period 2012–2060, using the projected demographic development as input, and determine time paths for budgetary and macroeconomic variables under alternative assumptions about Slovenian policy instruments so as to limit...
Persistent link: https://www.econbiz.de/10010868548
This paper examines the design of macroeconomic policies after Central and Eastern European countries (CEECs) have joined the EU. We consider scenarios with and without CEECs being members of the European Economic and Monetary Union (EMU) and analyze consequences of different intermediate...
Persistent link: https://www.econbiz.de/10005674004
Persistent link: https://www.econbiz.de/10005716286