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The Implications Of Economic Theories In Fiscal Policy In Terms Of Government Expenditures

Author

Listed:
  • VODA Alina Daniela

    (Lucian Blaga University of Sibiu)

  • DOBROTA Gabriela

    (Constantin Brancusi University of Targu Jiu)

  • CRISTEA Loredana Andreea

    (Lucian Blaga University of Sibiu)

Abstract

The economic theories are considered desideratum in identifying the main problems of ensuring fiscal sustainability. The present study is a theoretical one and its purpose is to make an in-depth analysis of the economic theories that were imposed in determining the instruments for applying fiscal policies, focusing in particular on the implications brought by government expenditures. Thus, results revealed that the economic theories will remain only a foundation in the application of fiscal policies, and the most important aspect regarding the identification of the economic reality is given by its in-depth study.

Suggested Citation

  • VODA Alina Daniela & DOBROTA Gabriela & CRISTEA Loredana Andreea, 2021. "The Implications Of Economic Theories In Fiscal Policy In Terms Of Government Expenditures," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 73(2), pages 122-132, May.
    • Handle: RePEc:blg:reveco:v:73:y:2021:i:2:p:122-132
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    More about this item

    Keywords

    Economic Theories; Government Expenditures; Fiscal Policy;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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