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Assessing fiscal multipliers in times of crisis evidence from selected CEE countries

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Main Authors: Bogdan, Muraraşu, Cristina, Anghelescu, Robert Adrian, Grecu
Format: Book
Language:English
Published: Springer 2023
Subjects:
Assessing fiscal multipliers
selected CEE countries
Online Access:https://link.springer.com/article/10.1007/s00181-023-02407-9
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7791
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spelling oai:localhost:PNK-77912023-04-12T01:40:32Z Assessing fiscal multipliers in times of crisis evidence from selected CEE countries Bogdan, Muraraşu Cristina, Anghelescu Robert Adrian, Grecu Assessing fiscal multipliers selected CEE countries CC BY The COVID-19 pandemic proved to be an unprecedented socio-economic crisis in the last decades. More than three years after its outbreak, there is still uncertainty regarding its future evolution. National and international authorities adopted a prompt and synchronized response to limit the adverse effects of the health crisis, in terms of socio-economic damage. Against this background, this paper assesses the efficiency of the measures implemented by fiscal authorities in selected Central and Eastern European countries to ameliorate the economic repercussions of the crisis. The analysis reveals that the impact of expenditure-side measures is stronger than that of revenue-side ones. Additionally, the results of a time-varying parameter model indicate that the fiscal multipliers are higher in times of crisis. In view of the ongoing war in Ukraine, the related geopolitical turmoil and energy crisis, the findings of this paper are especially pertinent, given the need for additional fiscal support. 2023-04-12T01:40:32Z 2023-04-12T01:40:32Z 2023 Book https://link.springer.com/article/10.1007/s00181-023-02407-9 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7791 en application/pdf Springer
institution Digital Phenikaa
collection Digital Phenikaa
language English
topic Assessing fiscal multipliers
selected CEE countries
spellingShingle Assessing fiscal multipliers
selected CEE countries
Bogdan, Muraraşu
Cristina, Anghelescu
Robert Adrian, Grecu
Assessing fiscal multipliers in times of crisis evidence from selected CEE countries
description CC BY
format Book
author Bogdan, Muraraşu
Cristina, Anghelescu
Robert Adrian, Grecu
author_facet Bogdan, Muraraşu
Cristina, Anghelescu
Robert Adrian, Grecu
author_sort Bogdan, Muraraşu
title Assessing fiscal multipliers in times of crisis evidence from selected CEE countries
title_short Assessing fiscal multipliers in times of crisis evidence from selected CEE countries
title_full Assessing fiscal multipliers in times of crisis evidence from selected CEE countries
title_fullStr Assessing fiscal multipliers in times of crisis evidence from selected CEE countries
title_full_unstemmed Assessing fiscal multipliers in times of crisis evidence from selected CEE countries
title_sort assessing fiscal multipliers in times of crisis evidence from selected cee countries
publisher Springer
publishDate 2023
url https://link.springer.com/article/10.1007/s00181-023-02407-9
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7791
_version_ 1762999676898902016
score 8.881002

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