Sustainability of fiscal policy in Poland in the period 2004-2017

• Autorzy: Maciej Wysocki , Cezary Wójcik
• Języki publikacji: EN

Abstrakty

EN

The aim of this paper is to analyze fiscal sustainability in Poland after joining EU between 2004-2017. Unlike previous studies, which analyzed weak measures of fiscal sustainability, we analyze fiscal sustainability measures in the strong sense. Contrary to previous studies we estimate individual, not panel, fiscal reaction functions which allows us to provide possibly a more accurate picture of fiscal policy outcomes in Poland. Moreover, our empirical analysis takes a closer look at the series of structural breaks that occurred after the global crisis. Based on our analysis we may tentatively conclude that despite cyclical fiscal deterioration during the crisis fiscal policy in Poland has been sustainable in the strong sense up until 2017.(original abstract)

Słowa kluczowe

EN

Fiscal policy; Fiscal stability; Financial crisis

PL

Polityka fiskalna; Stabilność fiskalna; Kryzys finansowy

• Czasopismo: International Journal of Management and Economics
• Rocznik: 2018
• Tom: 54
• Numer: nr 3
• Strony: 219--226

Twórcy

autor

Maciej Wysocki

• Warsaw School of Economics, Poland

autor

Cezary Wójcik

• Warsaw School of Economics, Poland

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Identyfikatory

DOI

10.2478/ijme-2018-0021