THE STABILISING ROLE OF THE FISCAL AND BUDGETARY POLICIES WITHIN THE SIMPLIFIED KEYNESIAN MODEL

The purpose of the paper is to investigate the fiscal and budgetary policies using the simplified Keynesian model. It focuses on the imbalance in the fiscal and budgetary policies trying to justify the rationality of the deficits: the political strategic aspect to leave a hardto- administrate legacy, and the inter-party conflict, which may influence the budgetary decisions of the government. The purpose of the presentation is to show the stabilizing role of the public budget in relation with the full employment goal.

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Year of publication:	2011
Authors:	Campeanu, Emilia Mioara
Published in:	Studii Financiare (Financial Studies). - Centrul de Cercetari Financiare si Monetare "Victor Slavescu" (CCFM). - Vol. 15.2011, 2, p. 119-138
Publisher:	Centrul de Cercetari Financiare si Monetare "Victor Slavescu" (CCFM)
Subject:	Keynesian model \| fiscal policy \| budgetary policy \| multiplier

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Type of publication:	Article
Language:	English
Classification:	B19 - History of Economic Thought through 1925. Other ; E12 - Keynes; Keynesian; Post-Keynesian ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009277807