[go: up one dir, main page]

IDEAS home Printed from https://ideas.repec.org/a/nwe/natrud/y2019i3p95-110.html
   My bibliography  Save this article

Factors Determining the Macroeconomic Impact of the Fiscal Policy: Theoretical Analysis

Author

Listed:
  • Nikolay Velichkov

    (University of National and World Economy, Sofia, Bulgaria)

  • Kristina Stefanova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract
This paper studies and interprets the impact of the fiscal policy on the real economy within the framework of various theoretical concepts that allow for different strength of that impact. This strength depends on the power and the scope of the factors that can limit the fiscal policy macroeconomic effects. In this respect, the aim of the paper is to analyze the role of these factors in the actual manifestation of the interaction between fiscal policy and macroeconomic activity.

Suggested Citation

  • Nikolay Velichkov & Kristina Stefanova, 2019. "Factors Determining the Macroeconomic Impact of the Fiscal Policy: Theoretical Analysis," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 95-110, November.
  • Handle: RePEc:nwe:natrud:y:2019:i:3:p:95-110
    as

    Download full text from publisher

    File URL: http://unwe-research-papers.org/bg/journalissues/article/10111
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    fiscal policy; crowding out effect; fiscal sustainability;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwe:natrud:y:2019:i:3:p:95-110. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.