Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/198092 
Year of Publication: 
2010
Citation: 
[Journal:] CES Working Papers [ISSN:] 2067-7693 [Volume:] 2 [Issue:] 4 [Publisher:] Alexandru Ioan Cuza University of Iasi, Centre for European Studies [Place:] Iasi [Year:] 2010 [Pages:] 61-72
Publisher: 
Alexandru Ioan Cuza University of Iasi, Centre for European Studies, Iasi
Abstract: 
In this paper we evaluate the influence of the modification of public investment level and unemployment rate on the general government deficit at the European Union level. We create a regression model that shows that a sustained and increased investment policy and the reduction of unemployment rate have a favorable effect on the objective of minimizing the budget deficit. In the last years European Union’s countries had to face a difficult problem concerning fiscal policy. They have to make public investments to stimulate economic growth and in the same time they have to meet the convergence criteria’s of public deficit. On the other hand, EU has to deal with a higher rate of unemployment. Through our model we try to see how European Union countries should implement their political strategies on unemployment and investment with the main objective of reducing the general government deficit.
Subjects: 
general government deficit
gross fixed capital
unemployment rate
correlation
regression
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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