Publication details

Deficitní rozpočty a ekonomická teorie

Title in English Deficit Budgets and Economic Theory
Authors

SLANICAY Martin

Year of publication 2010
Type Article in Proceedings
Conference MEKON 2010
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords balanced budget; deficit budget; golden rule; fiscal rules; business cycle
Description This paper deals with economic theory of deficit financing of state budget. It analyzes classic recommendation of balanced budget every year, keynesian rule of medium term balanced budget, view of theory of social choice and new political economy on problematics of state budget, proposals of fiscal rules and the golden rule of fiscal policy.
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