Comparison of Nominal and Real Rigidities: Fiscal Policy Perspective
This paper examines the impact of nominal and real rigidities in the economy on the effects of fiscal policy. The study confirmed the hypothesis that both nominal and real rigidities enhance the impact of fiscal policy on the Polish economy. In the case of nominal price rigidity it was found that th...
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| Format: | Article |
| Language: | English |
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Lodz University Press
2014-04-01
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| Series: | Comparative Economic Research |
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| Online Access: | https://czasopisma.uni.lodz.pl/CER/article/view/7002 |