Talpos, Ioan and Dima, Bogdan and Mutascu, Mihai (2008): The Fiscal Policy and the Stability of the nominal Sector: The Romanian Case (revisited version).
Preview |
PDF
MPRA_paper_12262.pdf Download (109kB) | Preview |
Abstract
The fiscal policies in the contemporaneous economic systems heavy influence both the real and nominal sectors. These effects could be located at the primary distribution of the social resources as will as at level their redistribution one. The aims of this paper are: (1) to review the literature of the main conceptual frameworks which link the fiscal policy and the dynamic of real sector, especially on the inflation side (2) to advance an empirical analyze of these link for the Romanian case and (3) to draw some conclusion about desirable framework of the fiscal policy for the current period in the perspective of Romanian access to European Union.
Item Type: | MPRA Paper |
---|---|
Original Title: | The Fiscal Policy and the Stability of the nominal Sector: The Romanian Case (revisited version) |
Language: | English |
Keywords: | Impact, inflation, fiscal policy, econometric analyze, fiscal deficit, budgetary sold |
Subjects: | G - Financial Economics > G2 - Financial Institutions and Services G - Financial Economics > G0 - General |
Item ID: | 12262 |
Depositing User: | Mihai Mutascu |
Date Deposited: | 18 Dec 2008 19:00 |
Last Modified: | 29 Sep 2019 00:55 |
References: | 1. Barro, R. J. and D. Gordon (1983), “A positive theory of monetary policy in a natural rate model”, Journal of Political Economy, Vol. 91, No. 4, pp. 589–610. 2. Cottarelli, C., M. Griffiths and R. Moghadam (1998), “The Nonmonetary Determinants of Inflation: A Panel Data Study”, IMF Working Paper, WP/98/23. 3. Dima, B. (2001), „Inflaţia structurală în România”, Ed. Augusta, Timişoara. 4. Leeper, Eric (1991), “Equilibrium under ‘Active’ and ‘Passive’ Monetary Policies”, Journal of Monetary Economics 27(1), pp. 129-147. 5. Mutaşcu, M. (2005), „Finanţe publice”, Ed. Artpres & Augusta, Timişoara. 6. Rother, P.C. (2004), “Fiscal Policy and Inflation Volatility”, Working Paper Series, No.317, pp. 8-9. 7. Sargent, T. and N. Wallace (1981), “Some unpleasant monetarist arithmetic”, Federal Reserve Bank of Minneapolis Quarterly Review, Fall, pp. 1–17. 8. Sims, Christopher A. (1994), “A Simple Model for Study of the Determination of the Price Level and of the Interaction of Monetary and Fiscal Policy”, Economic Theory, 43(3), 381-399. 9. Talpoş, I (1999), “Creditul public”, Ed. Sedona, Timişoara. 10. Talpoş, I (1995), “Finanţele României”, Ed. Sedona, Timişoara. 11. Woodford, M. (1998), “Comment on ‘A frictionless view of U.S. inflation’ by John Cochrane”, NBER Macroeconomics Annual, No. 13, pp. 390–419. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/12262 |