Is the Fiscal Policy of the Czech Republic Pro-cyclical?
The main goal of this paper is to analyse whether the fiscal policy of the Czech Republic is anti-cyclical. This analysis is carried out through decomposing the government’s balance into its cyclical and structural part. The first differences of the structural part are then put in relation to the ou...
Main Authors: | Martin Rolák, Martin Cigán |
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Format: | Article |
Language: | English |
Published: |
Mendel University Press
2015-01-01
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Series: | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
Subjects: | |
Online Access: | https://acta.mendelu.cz/63/5/1719/ |
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