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Fiscal Policy and Transition: The Case of Poland

In: The Socio-Economic Transformation

Author

Listed:
  • Scott Baier
  • Gerhard Glomm

Abstract

In this chapter, a version of the Cass-Koopmans economy is used for the purpose of studying the impact of fiscal policy changes on capital accumulation. The focus of the study is on transitional dynamics. It is shown that even moderate change in fiscal policy can have sizeable level effects on income levels along the transition path.

Suggested Citation

  • Scott Baier & Gerhard Glomm, 2007. "Fiscal Policy and Transition: The Case of Poland," Palgrave Macmillan Books, in: Zbigniew Nahorski & Jan W. Owsiński & Tomasz Szapiro (ed.), The Socio-Economic Transformation, chapter 0, pages 85-99, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37903-9_6
    DOI: 10.1057/9780230379039_6
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