Wpływ sposobu finansowania wydatków rządowych na oddziaływanie polityki fiskalnej. Ujęcie modelowe

Piotr Krajewski

doi:10.18778/1429-3730.28.04

Authors

Piotr Krajewski Instytut Ekonomii Uniwersytetu Łódzkiego https://orcid.org/0000-0002-5377-9578

DOI:

https://doi.org/10.18778/1429-3730.28.04

Keywords:

polityka fiskalna, wydatki rządowe

Abstract

The impact of a government spending financing is analysed in the article. The analysis is based on Baxter and King real business cycle model. It occurred that the choice of the financing method of a government spending is crucial for the impact of the fiscal policy on the economy. The increase in a government spending financed by budget deficit decreases consumption and leisure time and increases the level of labour and production. On the contrary the increase in a government spending financed by higher taxes depended on production has a significant negative impact on GDP.

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