Borys, Paweł; Ciżkowicz, Piotr; Rzońca, Andrzej - Volkswirtschaftliche Fakultät, … - 2011
examine the consequences of fiscal consolidation in the EU New Member States. We extend the analysis to test potential … paper we review recent research on such non-Keynesian fiscal policy effects and apply panel data econometric techniques to … reaction to fiscal policy shows signs of nonlinearity - in the case of minor adjustments Keynesian effects dominate, but they …