Essays about: "fiscal policy procyclical"
Found 1 essay containing the words fiscal policy procyclical.
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1. Is discretionary fiscal policy a mitigating mechanism that counteracts business cycle fluctuations in the European Monetary Union?
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : The aim of the thesis is to evaluate the reaction in fiscal stance in EMU with the purpose to investigate if there is a need for discretionary fiscal policy as a stabilizing mechanism due to the existence of country-specific disparities in order to counteract business cycle fluctuations in the Monetary Union. The second objective is to analyse the role of discretionary fiscal policy during three downturns. READ MORE
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