The paper focuses on public finance and the aspect of fiscal consolidation in Poland as economic consequences after the financial crisis in 2008. The study assumes that there is a wide range of needs for fiscal consolidation implementation in European post-crisis countries. Budgets of the vast...

Die Abschätzung der Wirkung der Gaspreisbremse auf Inflation und fiskalische Kosten unterliegt einer hohen Unsicherheit. Das liegt zum einen an dem unsicheren Verlauf des zukünftigen Gaspreises. Zum anderen entsteht die hohe Unsicherheit aufgrund mangelnder Informationen über die...

"If governments followed the optimal fiscal policy path, surpluses in good times would counter necessary deficits during economic downturns, leading to worldwide balance. The world, however, has chosen to go in a different direction in recent decades, avoiding thrift in light of a decidedly more...