03553nam 2200673Ia 450 991077740440332120230131204420.0978-6-15521-132-49786155211324615-5211-32-91-281-37704-X97866113770451-4356-1237-X10.1515/9786155211324(CKB)1000000000474794(SSID)ssj0000262334(PQKBManifestationID)11206406(PQKBTitleCode)TC0000262334(PQKBWorkID)10270767(PQKB)10199960(OCoLC)519361949(MdBmJHUP)muse48218(Au-PeEL)EBL3137251(CaPaEBR)ebr10202438(CaONFJC)MIL137704(OCoLC)922997808(DE-B1597)633302(DE-B1597)9786155211324(MiAaPQ)EBC3137251(dli)HEB09347(MiU)MIU01000000000000011513760(EXLCZ)99100000000047479420070808d2008 uy 0engurcn|||||||||txtccrTrimming the sails[electronic resource] the comparative political economy of expansionary fiscal consolidations : a Hungarian perspective /István BenczésNew York ;Budapest Central European University Press2008xvi, 257 p. illBibliographic Level Mode of Issuance: Monograph963-9776-01-7 Includes bibliographical references and index.Frontmatter --Contents --List of Figures --List of Tables --Acknowledgements --1. Introduction --Part One. A Critical Assessment of the Concept of Non-Keynesian Effects --2. Stylized Facts of EU Countries’ Major Fiscal Episodes --3. An Expectational View of Fiscal Policy: A Non-Linear Approach to Fiscal Consolidation --4. The Composition of Adjustment and the Structure of Labor Markets: A Linear Approach to Fiscal Consolidation --Part Two. Testing the Institutional Conditions of Non-Keynesian Effects in Hungary --5. Financial Intermediation in Hungary: A Comparative Perspective --6. The Expenditure Side of the Hungarian General Government: A Decompositional Analysis --7. Labor Market Structure and Wage Bargaining in Hungary: The (Ir)relevance of a Social Pact --8. Conclusion --References --Appendix 1 --Appendix 2 --Appendix 3 --IndexThe book provides a clear, multidisciplinary and systematic analysis of the relatively new concept of the so-called expansionary fiscal consolidations. This concept suggests that fiscal adjustment should not be in trade-off with economic growth if certain conditions are met. But why do only a few countries and only at certain times experience the expansionary effects, while others not at all? The necessary institutional conditions and circumstances have been totally neglected in the literature, or analyzed only partially at best.Economic forecastingHungaryHungaryEconomic conditions1989-Banks, Economic development, Economic growth, Economic policy, Finance, Political economy.Economic forecasting330.9439Benczes István Zsolt1974-1284112MiAaPQMiAaPQMiAaPQBOOK9910777404403321Trimming the sails3019316UNINA