Macroeconomic regulation through fiscal policy instruments. Theoretical review Cover Image

Макроикономическо регулиране чрез инструментите на фискалната политика. Теоретичен преглед
Macroeconomic regulation through fiscal policy instruments. Theoretical review

Author(s): Tsvetan Iliev
Subject(s): Economy, National Economy, Public Finances, Socio-Economic Research
Published by: Международно висше бизнес училище
Keywords: macroeconomic regulation; aggregate expenditure; fiscal policy

Summary/Abstract: The subject of research in this paper is the government's fiscal policy to influence the correlation “aggregate expenditure – real GDP”. The object of study are the changes that occur in the flow of aggregate costs in the economy as a result of the government's fiscal instruments and the opportunities to overcome the emerging imbalances in the ratio between “aggregate expenditure – real GDP”. Stepping on this foundation the goal of this work is to bring to light, in a theoretical perspective, the main changes that arise in the ratio “aggregate expenditure – real GDP” as a result of the application of macroeconomic regulation financial instruments, with a view to building a more effective state economic policy. JEL Classification: B00

  • Issue Year: 2017
  • Issue No: 9
  • Page Range: 63-98
  • Page Count: 36
  • Language: Bulgarian