Počet záznamů: 1

Changes in the fiscal stance and the composition of public spending

  1. 1.
    0334165 - NHU-N 2010 RIV CZ eng J - Článek v odborném periodiku
    Stančík, Juraj - Välilä, T.
    Changes in the fiscal stance and the composition of public spending.
    CERGE-EI Working Paper Series. -, č. 394 (2009), s. 1-22 ISSN 1211-3298
    Grant CEP: GA MŠk LC542
    Výzkumný záměr: CEZ:AV0Z70850503
    Klíčová slova: fiscal policy * public expenditure * fiscal stance
    Kód oboru RIV: AH - Ekonomie
    http://www.cerge-ei.cz/pdf/wp/Wp394.pdf http://www.cerge-ei.cz/pdf/wp/Wp394.pdf

    The share of public investment relative to consumption expenditure has declined in past decades. Earlier literature has attributed this stylised fact variably to the relative political ease of cutting investment; different cyclical patterns of public investment and consumption; or to EMU’s fiscal rules. We consider the impact of both cyclical and structural changes in the fiscal stance on public spending composition for a panel of EU countries, including individual components of public investment.
    Trvalý link: http://hdl.handle.net/11104/0178976
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