Fiscal Policy and Forecasting Real GDP

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Title	Fiscal Policy and Forecasting Real GDP
Authors	Chowdhury, M.A.
ORCID
Keywords	податково-бюджетна політика фискальная политика fiscal policy державні витрати государственные расходы government spending податки налоги taxes прогнозування та реального валового внутрішнього продукту прогнозирование и реальный валовой внутренний продукт forecasting and real gross domestic product
Type	Article
Date of Issue	2021
URI	https://essuir.sumdu.edu.ua/handle/123456789/86743
Publisher	Sumy State University
License	Creative Commons Attribution 4.0 International License
Citation	Chowdhury, M. A. (2021). Fiscal Policy and Forecasting Real GDP. Financial Markets, Institutions and Risks, 5(4), 5-13. https://doi.org/10.21272/fmir.5(4).5-13.2021
Abstract	The macroeconomic effect of changes in tax revenue and government spending influences gross domestic product in an economy. The economic growth depends on real business cycle where fiscal policy takes the central role which is managed by the government. When there is a shock in the economy, government changes policy to stabilize the economy to control interest rate otherwise there will be budget deficit which declines economic growth.
Appears in Collections:	Financial Markets, Institutions and Risks (FMIR)