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-06-4609. References Afonso , A. – Sousa , R. M. ( 2009 ): The Macroeconomic Effects of Fiscal Policy . ECB Working Paper Series , No. 991

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1 Introduction Contemporary fiscal policy pursues a variety of objectives. The tax system aims not just to raise the necessary funds for government expenditure, but also to contribute to income redistribution, economic stabilization, resource

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in ensuring the EU's long-term sustainable and balanced growth and development in the future. In this regard, this article aims to examine the effects of monetary and fiscal policy on economic growth and employment in the EU member states from 2007 to

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US and the Euro Area. ECB Working Paper Series No. 972. Eggertson, G. B. (2009): What Fiscal Policy is Effective at Zero Interest Rates. Federal Reserve Bank of New York Staff Report No. 402

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Auerbach, J.A. - Gorodnichenko, Y. (2012): Measuring the Output Responses to Fiscal Policy. American Economic Journal: Economic Policy , 4(2): 1–27. Gorodnichenko Y

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, C. ( 2008 ): Fiscal Policy for the Crisis . IMF Staff Position Note, No. 08/01, December 29. Tanzi , V. ( 2013 ): Dollars, Euros, and Debt: How We Got into the

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Fiscal Policy Matter ? Journal of Public Economics , 82 ( 6 ): 1095 – 1100 . Brunila , A. ( 2002 ): Gauging Ricardian Equivalence . In: Buti , M. – von Hagen , J

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of studies focused on the debate about the coordination of policy mix and the directions of monetary and fiscal policies in the European economies. In Section 3 the expansiveness and restrictiveness of monetary and fiscal policies in the EZ were

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A magyar állampénzügyi rendszer rezilienciája a COVID–19 járvány kapcsán

Resilience of the Hungarian public finance system in relation to the COVID-19 epidemic

Scientia et Securitas
Author:
Csaba Lentner

Borio, C. & Disyatat, P. (2021) Monetary and Fiscal Policy: Privileged Powers, Entwined Responsibilities. SUERF Policy Note Issue No. 238, May 2021, p. 12. https://www.suerf.org/docx/f_bb36

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): Fiscal Policy, Profits and Investment., American Economic Review, (92): 571-589. Fiscal Policy, Profits and Investment American Economic Review 571 589

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