Investigating the Cyclical Behavior of Fiscal Policy in the Republic of Macedonia during the Period of Transition

The main aim of this research is to investigate the cyclical behavior of fiscal policy with respect to output gap fluctuations in the Republic of Macedonia during the period 1991-2009. We use two different fiscal policy measures: 1) the cyclically unadjusted primary budget balance and 2) the cyclica...

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Bibliographic Details
Main Authors: Anita Angelovska Bezovska, Jane Bogoev, Ana Mitreska, Maja Kadievska Vojnovik
Format: Article
Language:English
Published: The Institute of Economics, Zagreb 2011-04-01
Series:Croatian Economic Survey
Subjects:
Online Access:http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=100575