Assessing fiscal multipliers in times of crisis evidence from selected CEE countries
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Springer
2023
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| Truy cập trực tuyến: | https://link.springer.com/article/10.1007/s00181-023-02407-9 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7791 |
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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 |
8.891145 |