How Should Slovenia Design Fiscal Policies in the Government Debt Crisis?

被引：1

作者：

Blueschke, Dmitri ^{[1
]}

Weyerstrass, Klaus ^{[2
]}

Neck, Reinhard ^{[1
]}

机构：

[1] Alpen Adria Univ Klagenfurt, Dept Econ, Univ Str 65, A-9020 Klagenfurt, Austria

[2] Inst Adv Studies, Dept Econ & Finance, Vienna, Austria

来源：

EMERGING MARKETS FINANCE AND TRADE | 2016年 / 52卷 / 07期

关键词：

crisis; fiscal policy; macroeconomics; public debt; Slovenia;

D O I：

10.1080/1540496X.2016.1158549

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We investigate how fiscal policies should be designed in Slovenia during the next few years. Using the SLOPOL model, an econometric model of the Slovenian economy, we analyze the effects of different fiscal policies using simulations and determine optimal fiscal policies for Slovenia. We show that the optimal design of fiscal policies is rather close to the austerity course as detailed in the Slovenian Stability Program, revealing the small scope of possible alternative fiscal stabilization policies available due to the relatively low effectiveness of the fiscal instruments with respect to their influence on the business cycle in the Slovenian economy.

引用

页码：1562 / 1573

页数：12

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