Subtitle:

Raport Badawczy = Research Report ; RB/42/2014

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Description:

[25] pages ; 21 cm ; Bibliography p. [24-25]

Abstract:

The paper presents the results from the simulation analysis of the policy-mix, carried out for the fiscal-monetary game, in which the fiscal and the monetary authorities take decisions on the choice of the optimum strategy from the point of view of realization of their respective economic objectives. In order to represent the interrelations between, on the one hand, the instruments of fiscal policy and of the monetary policy, and, on the other hand - the economic effects resulting from their application, a modified logistic function was used. The study method adopted allows for consideration of the specificity of the effects from these instruments on business cycle, consisting in the limited effectiveness of applying the extreme restrictive and extreme expansive policies, and the respective impact on the economy.

Relation:

Raport Badawczy = Research Report

Detailed Resource Type:

Report

Resource Identifier:

oai:rcin.org.pl:144818

Source:

RB-2014-42

Language:

eng

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitizing institution:

Systems Research Institute of the Polish Academy of Sciences

Original in:

Library of Systems Research Institute PAS

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

Access:

Open