THE ROLE OF FISCAL POLICY IN ENSURING FINANCIAL STABILITY IN LITHUANIA

被引:1
|
作者
Bikas, Egidijus [1 ]
Zaltauskaite, Sandra [1 ]
机构
[1] Vilnius State Univ, Fac Econ, Dept Finance, Vilnius, Lithuania
关键词
fiscal policy; finacial stability; financial stability index;
D O I
10.3846/bm.2014.025
中图分类号
F [经济];
学科分类号
02 ;
摘要
Paper describes the role of fiscal policy ensuring financial stability. The main purpose of the paper is to calculate the aggregate financial stability index, which can be used to measure the systematic financial stability. Literature reviews the main concepts of financial stability, such as combination of fiscal and monetary policy. It presupposes the importance of adapting the fiscal policy. The paper reveals the substantial effects that fiscal policy instruments do to financial stability of the country, moreover it shows that well considered public finance decisions helps to implement the stabilization targets of the financial system. There is calculated aggregate general financial stability index and performed its dependence correlation - regression analysis on the indicators of fiscal policy of Lithuania.
引用
收藏
页码:199 / 206
页数:8
相关论文
共 50 条
  • [1] MUTUAL INFLUENCE OF FISCAL AND MONETARY POLICY IN THE CONTEXT OF ENSURING MACRO-FINANCIAL STABILITY OF THE STATE
    Nikiforov, Petro
    Greshko, Roman
    Marych, Maksym
    Marusiak, Nataliia
    Gladchuk, Olga
    Kharabara, Violetta
    [J]. MANAGEMENT THEORY AND STUDIES FOR RURAL BUSINESS AND INFRASTRUCTURE DEVELOPMENT, 2022, 44 (04): : 435 - 442
  • [2] Linkages Between Fiscal Policy and Financial (In)Stability
    Dumicic, Mirna
    [J]. JOURNAL OF CENTRAL BANKING THEORY AND PRACTICE, 2019, 8 (01) : 97 - 109
  • [3] The Role of Fiscal Policy at the Time of Financial Crisis
    Vlasov, S. A.
    Ponomarenko, A. A.
    [J]. ZHURNAL NOVAYA EKONOMICHESKAYA ASSOTSIATSIYA-JOURNAL OF THE NEW ECONOMIC ASSOCIATION, 2010, (07): : 111 - 133
  • [4] THE ROLE OF GOLD IN ENSURING THE MONETARY STABILITY OF FINANCIAL SYSTEM
    Rubtsov, N. N.
    [J]. RUDN JOURNAL OF SOCIOLOGY-VESTNIK ROSSIISKOGO UNIVERSITETA DRUZHBY NARODOV SERIYA SOTSIOLOGIYA, 2014, (03): : 121 - 134
  • [5] FINANCIAL STABILITY AND THE ROLE OF THE FINANCIAL POLICY COMMITTEE
    Farmer, Roger E. A.
    [J]. MANCHESTER SCHOOL, 2014, 82 : 35 - 43
  • [6] Inflation and Financial Stability Trade-off: Role of Monetary Policy Credibility and Fiscal Cyclicality
    Kurnia, Akhmad Syakir
    Izzulhaq, Syahid
    Maharda, Johan Beni
    Kunaedi, Agung
    [J]. ECONOMIC PAPERS, 2021, 40 (01): : 31 - 53
  • [7] THE ROLE OF BALANCE SHEET IN ENSURING THE FINANCIAL STABILITY OF INDUSTRIAL ENTERPRISES
    Aliyev, R. M.
    [J]. PROCEEDINGS OF THE7TH INTERNATIONAL CONFERENCE ON CONTROL AND OPTIMIZATION WITH INDUSTRIAL APPLICATIONS, VOL II, 2020, : 83 - 85
  • [8] Central bank communication and its role in ensuring financial stability
    Tomuleasa, Ioana-Iuliana
    [J]. GLOBALIZATION AND HIGHER EDUCATION IN ECONOMICS AND BUSINESS ADMINISTRATION - GEBA 2013, 2015, 20 : 637 - 644
  • [9] Financial stability and sustainable development: Perspectives from fiscal and monetary policy
    Dinh, Le Quoc
    Oanh, Tran Thi Kim
    Ha, Nguyen Thi Hong
    [J]. INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 2024,
  • [10] Financial repression and fiscal policy
    Gupta, KL
    Lensink, R
    [J]. JOURNAL OF POLICY MODELING, 1997, 19 (04) : 351 - 373