Article ID Journal Published Year Pages File Type
981868 Procedia Economics and Finance 2013 9 Pages PDF
Abstract

This paper deals with the topic of cyclicality of fiscal policy. The main purpose of this paper is to determine the cyclical behaviour of fiscal policy in the EU member states, using historical time series for all the European countries during the period between 1995- 2011. The results pointed out that the procyclical fiscal policies are a feature of developing countries and the countercyclical and acyclical fiscal policies are a feature of developed counties.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics