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distinguished by courage which is that signal that separates the genuine reformer (undertaking transition) from the weak government …
Persistent link: https://www.econbiz.de/10005836865
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
this improvement. But at the same time government revenue and expenditure have become more volatile. The paper explores … behaviour of government spending during business cycles. It finds that spending has on average been since 1980 broadly a …
Persistent link: https://www.econbiz.de/10010211466
revenue shock on unemployment was found to be negative but short-lived. The study suggested that government should restructure … its spending pattern by allocating more to productive expenditure. In the same vein, it was suggested that government …
Persistent link: https://www.econbiz.de/10011661504
The Visegrád economies have been hit hard by the COVID-19 pandemic, especially its second wave. In response, macroeconomic policies have been markedly relaxed, with fiscal stimulus packages reaching up to 14% of GDP in Poland and Czechia. The projected recovery of the Visegrád economies from...
Persistent link: https://www.econbiz.de/10012432243
Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output. The Quarterly Journal of Economics, 117 … taxes, government consumption and public investment is strong and persistent in the analysed cases. Although the responses …
Persistent link: https://www.econbiz.de/10013347151
The aim of the article is to quantify and compare the macroeconomic effects of defence spending in the Polish and German economies. Estimating these effects is of particular importance in the context of the substantial increase in defence expenditures in Poland and Germany resulting from the war...
Persistent link: https://www.econbiz.de/10014529543
During the next few decades the populations of most developed countries will grow older and older as a result of the low fertility rates since the 1970s and/or the continuously increasing life expectancy. Poland, one of the biggest countries in Central Europe, will be confronted rather seriously...
Persistent link: https://www.econbiz.de/10010304752
this improvement. But at the same time government revenue and expenditure have become more volatile. The paper explores … behaviour of government spending during business cycles. It finds that spending has on average been since 1980 broadly a …
Persistent link: https://www.econbiz.de/10010328758
The study analyses the dynamics and the structure of Ukraine's public finances. It assesses the medium-term impact of fiscal austerity 2014-2016, examines fiscal sustainability and estimates further fiscal adjustment efforts. It evaluates the economic and social implications of current fiscal...
Persistent link: https://www.econbiz.de/10012100153