В търсене на факторите за ефекта на световната криза върху икономиките
Date
2011
Authors
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Journal ISSN
Volume Title
Publisher
Бургаски свободен университет
Abstract
The paper tries to establish a link between the pre-crisis economic environment and the cross-country differences in the growth rates during the last recession. The sample includes the EU member states. According to the results, deeper recession experience countries with higher rates of growth of credits to households, prices of real property as well as gross debt-to-income ratio. The study can not find statistically significant evidence for the role of fiscal policy and the size of government.
Description
Keywords
world recession, cross-country differences, growth rates, EU