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Found 3 search results for: Piotr Krajewski
Piotr Krajewski, Michał Mackiewicz, Katarzyna Piłat (2020/4, Articles,
The Effects of Policy Mix on the Pollutant Emissions in the United Kingdom
The article demonstrates the ecological consequences of the fiscal-monetary policy mix that is used to boost economy during the business cycles. This is an important issue especially in the crisis and post-crisis periods, when a new balance between the monetary and fiscal policies is sought after by the governments and central banks. The authors perform their analysis with the empirical (...)
Piotr Krajewski (2019/3, Articles,
Decomposing the Impact of Government Spending on GDP in Poland
Using structural vector autoregression model (SVAR), the author compared the efficiency of various categories of government expenditure in boosting economic activity in Poland. The empirical analysis, covering the period of 2002–2017, was made on quarterly data. The results of the examination show that, in line with theoretical premises, the strongest and long-lasting effect on GDP is (...)
Piotr Krajewski, Agata Szymańska (2018/4, Articles,
The Significance of Military Spending in Evaluating Fiscal Policy Effects
The aim of this article is to analyze the impact of military spending shocks on GDP in the Czech Republic, Poland and Hungary. This study is based on SVAR model with identification scheme of O. Blanchard and R. Perotti. Our model includes three variables: real GDP, net taxes and military spending, which is more exogenous than other government spending. The results show that military (...)
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