The aim of the Master thesis is to evaluate how political business cycle affected the balance of state budgets of the EU countries for quarterly data from 1995 to 2015. In the models economic indicators are used GDP per capita, economic growth, unemployment and inflation. Political indicators are term of election and orientation of political party are used to measure the political business cycle. The interdependence between political business cycle and balance of state budgets of EU countries is quantified by panel regression analysis. The discussion part con-sists of two questions. The first question looks into the differences in the political cycle between the old and new EU states. The second question discusses if in the 21th century are more important political determinants of economic cycle than economic determinants. The results indicate that the influence of political business cycle is detected in models for all EU countries and for the new EU countries.Formula clause:Ftoreková, M. The influence of political business cycle on balance of the state budgets of the EU countries. Master thesis. Brno: Mendel University, 2017.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:431386 |
| Date | January 2017 |
| Creators | Ftoreková, Michaela |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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