Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/38828
Authors: 
Year of Publication: 
2010
Series/Report no.: 
BERG Working Paper Series on Government and Growth No. 69
Publisher: 
Bamberg University, Bamberg Economic Research Group on Government and Growth (BERG), Bamberg
Abstract: 
The paper enlightens popular part of the budget policy - deficit finance. In the process of securing economic conditions to surpass the current economic crises, the governments all over the world incline towards debt deficit finance. The intention is to describe the implications such as multiplier effect, crowding out effect, correlation between budget and trade deficit. One of them are positive, they increase the aggregate demand and national income, other negative in term that they crowd out the private sector from the capital market under increased demand for loanable funds.
Subjects: 
Budget deficit
Crowding out
Twin deficits
Exchange rates
JEL: 
H30
H62
H63
ISBN: 
978-3-931052-77-5
Document Type: 
Working Paper

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