The aim of this paper is to emphasize how the correlations between fiscal policy and economic growth are manifesting in the U.E. case. After theoretical framework, the paper is organized as follows: Section 2 tries to provide a model at micro economic level for the interconnections between...

The theme of public expenditure has been of great interest in the latest years.Focusing on government size, role of government and the efficiency of the public sector becomes aneven more important issue nowadays when the financial crisis has covered severly almost alleconomies worlwide. The...

The shadow economy is represented by the whole economic activities which are realized at the border of the criminal laws, social laws or fiscal laws or which are skipping (massive) from the inventory of national accounts. The paper is intended to quantify and analyze the impact of the shadow...