PL EN


2015 | 16 | 1 | 39-50
Article title

Fiscal Policy in European Union Countries in Time of the Economic Crisis – Attempt to Estimation

Title variants
Languages of publication
EN
Abstracts
EN
In this article, stability of fiscal policy and its impact on fiscal market have been analyzed. The issue appears especially important in times of the financial crisis which has affected all the European Union countries, although to a different extent. To achieve this, the author presented the aims, the tools and the aspects of financial stability to confront them with the situation that has occurred in the EU countries. To present the issue profoundly, the scientific research related to fiscal policy and its impact on financial markets were used in two opening units. In the third unit, the statistic data was cited to show the condition of the EU countries, the changes to it and the attempts aimed at improving the state of the public finance and therefore stabilizing financial markets.
Publisher
Year
Volume
16
Issue
1
Pages
39-50
Physical description
Dates
published
2015-03-01
online
2015-03-13
Contributors
  • University of Dąbrowa Górnicza
References
  • Barro R.J. (1979), On the Determination of the Public Debt, “Journal of Political Economy”, Vol. 87, No. 5, Part 1.
  • Begg D., Fiszer S., Dornbusch R. (2000), Makroekonomia, PWE, Warszawa.
  • Blanchard O.J. (1985), Debt, Deficits and Finite Horizons, “Journal of Political Economy”, Vol. 93, No.2.
  • Blanchard O.J. (1990), Suggestions for a New Set of Fiscal Indicators, OECD Department of Economics and Statistics Working Papers, No.79.
  • Bohn H. (1995), The Sustainability of Budget Deficits in a Stochastic Economy, “Journal of Money Credit and Banking”, Vol. 27, No. 1.
  • Burger P. (2003), Sustainable Fiscal Policy and Economic Stability. Theory and Practice, Edward Elgar, Cheltenham, UK, Northhampton, MA, USA.
  • Fedorowicz Z. (1988), Polityka fiskalna Wydawnictwo Wyższej Szkoły Bankowej, Poznań.
  • Fullwiler S.T. (2007), Interest Rates and Fiscal Sustainability, “Journal of Economic Issues”, Vol. 41, No. 4.
  • Gajda-Kantorowska M. (2011), Analiza przydatności polityki fiskalnej do usuwania skutków kryzysu w krótkim, średnim i długim okresie [in:] Polityka makroekonomiczna w warunkach kryzysu i jej wpływ na gospodarkę. Teoria i praktyka, ed. Z. Dach, Oficyna Wolters Kluwer, Warszawa.
  • Gajl N. (1988) Instrumenty finansowe w zarządzaniu gospodarką narodową, PWE, Warszawa.
  • Hall R.E., Taylor J.B. (2010), Makroekonomia, PWN Warszawa.
  • Kosterna U. (1995), Deficyt budżetu państwa i jego skutki ekonomiczne, Wyd. Naukowe PWN, Warszawa.
  • Leksykon Finansów (2001), PWE, Warszawa.
  • Musgrave R.A., Musgrave P.B. (1989) Public finance in theory and practice, McGraw - Hill International Editions, New York.
  • Raport „Key figures on Europe” [2013], Eurostat.
  • Romer D. (2006), Advanced Macroeconomics. The McGraw-Hill Companies, New York.
  • Sargent T.J., Wallace N. (1981), Some Unpleasant Monetarist Arithmetic, Federal Reserve Bank of Minneapolis Quarterly Review, Fall.
  • Owsiak S. (2013), Finanse publiczne. Teoria i praktyka, Wydawnictwo Naukowe PWN, Warszawa.
  • Wersalski M. (1997), Polityka budżetowa, PWE, Warszawa.
  • Wernik A. (2007), Finanse publiczne. Cele. Struktury. Uwarunkowania, PWE, Warszawa.
  • Włodarczyk P. (2011), Stabilność fiskalna - koncepcja teoretyczna i jej znaczenie praktyczne. Analiza na przykładzie państw Grupy Wyszehradzkiej w latach 1995-2009, „Materiały i Studia”, nr 256.
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.doi-10_1515_eam-2015-0003
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.