Neck, Reinhard; Blueschke, Dmitri; Weyerstrass, Klaus - In: International Advances in Economic Research 19 (2013) 4, pp. 367-380
the Slovenian economy. The simulations show that for the Slovenian economy, an expansionary fiscal policy is neither … reasonable results in terms of public debt without strong adverse effects on output or unemployment. An expansionary fiscal … policy is not desirable, as it results in unsustainable public debt without enhancing employment and output sufficiently …