Estimation of the Mechanisms for Automatic Fiscal Stabilization. The Romanian Case

The set of fiscal rules within the Euro area are based on the functionality of the automatic stabilizers as a main instrument of the fiscal stabilization. This non-discretionary approach should guarantee that the evolution of the current budget deficit is anti-cyclic and thus it should contribute to...

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Bibliographic Details
Main Authors: Aura Gabriela SOCOL, Cristian SOCOL
Format: Article
Language:English
Published: General Association of Economists from Romania 2012-03-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/695.pdf