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...

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...

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...

The paper aims to analyze the causes that have led to rising the public debt of Romania between 2008-2013. Although it is below the level set out in the Maastricht Treaty, in Romania, the public debt has grown at a fast pace. Also consider the public debt according instruments, currency and type...

The paper aims to analyze the causes that have led to rising the public debt of Romania between 2008-2013. Although it is below the level set out in the Maastricht Treaty, in Romania, the public debt has grown at a fast pace. Also consider the public debt according instruments, currency and type...