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dc.contributor.authorStaehr, Karstenen_US
dc.date.accessioned2007-07-24en_US
dc.date.accessioned2009-07-28T08:14:26Z-
dc.date.available2009-07-28T08:14:26Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/25978-
dc.description.abstractThis paper compares the cyclical properties of fiscal policies across the 12 original eurozone countries and the future members from Central and Eastern Europe. For the sample period 1995-2005, the fiscal balance exhibits less inertia and is more counter-cyclical in Central and Eastern European countries than in members of the eurozone. The main differences arise from the revenue side. Differences in the formation of fiscal policy between current and future eurozone countries decrease over time. Autonomous fiscal policy has little or no effect on cyclical variability in either of the two groups of countries. Counter-cyclical fiscal policy appears to be effective in Central and Eastern European countries, but largely ineffective in eurozone countries.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 1933en_US
dc.subject.jelE62en_US
dc.subject.jelE63en_US
dc.subject.jelE32en_US
dc.subject.ddc330en_US
dc.subject.keywordfiscal policy determinantsen_US
dc.subject.keywordfiscal policy effectsen_US
dc.subject.keywordeurozone expansionen_US
dc.subject.stwFinanzpolitiken_US
dc.subject.stwKonjunkturen_US
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen_US
dc.subject.stwEuropäische Wirtschafts- und Währungsunionen_US
dc.subject.stwEU-Staatenen_US
dc.subject.stwEU-Staaten (Osteuropa)en_US
dc.titleFiscal policies and business cycles in an enlarged euro areaen_US
dc.typeWorking Paperen_US
dc.identifier.ppn538078375en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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