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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Possible stabilization effects of returnable incomes in municipal development on the example of municipalities of various sizes
 Šimánek, Zbyněk ; Peková, Jitka (advisor) ; Měrtlová, Libuše (referee)
This thesis focuses on specific forms of long term development stabilization by using returnable incomes in Czech municipalities of various sizes. Stabilization is appropriate when unexpected (negative) events may occur, when assuring continuity of investment activities, or financing extensive development projects. Traditional form of Keynesian countercyclical stabilization has not been confirmed on analyzed municipalities. Conversely, fiscal and budgetary behavior of the municipalities has been procyclical. The author points out the necessity of stabilization on the municipal level due to a long term non-conceptual fiscal policy of the Czech government.
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