National Repository of Grey Literature 2 records found  Search took 0.00 seconds. 
Economic research bulletin (2004, No.2)
Česká národní banka
First, they look at the cyclically adjusted fiscal balance. Could we expect any contribution of Czech fiscal policy to smoothing macroeconomic fluctuations, or does it in fact display pro-cyclical features? Second, the authors calculate quasi-fiscal deficits caused by the specific costs of economic transition, such as financing enterprise restructuring or cleaning up commercial banks’ balance sheets, which are not officially included in the budgetary system. The issue is to quantify the extent to which the “official” information on overall fiscal outlays is downward-biased. Finally, there is the impact of population ageing, which the central bank must anticipate when assessing the interplay between monetary and fiscal policies. What would happen without immediate reform of the pension and health care system?
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Czech-Austrian cooperation in the frame of the project 2004-10
Pichová, Alena ; Breitenbach, M.
Plans of Czech-Austrian cooperation on the project focused on studies of yeast cell aging in 2004-2010 are described.

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