Essays about: "fiscal policy procyclical"

Found 1 essay containing the words fiscal policy procyclical.

  1. 1. Is discretionary fiscal policy a mitigating mechanism that counteracts business cycle fluctuations in the European Monetary Union?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Sarah Ljunghammar; Sanna Agduhr Eronen; [2010]
    Keywords : Discretionary fiscal policies; business cycle fluctuations; Two-stage least squares; Business and Economics;

    Abstract : 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