Objective "The proposed project aims to understand whether and how informal sector affects behavior of fiscal policy over the business cycle and then develop an economic model using the state of the art techniques of dynamic macroeconomics that incorporates fiscal policy and informal economy. This model will be used to analyze various effects of the presence of an informal sector in European countries, specifically how it affects the cyclicality of fiscal policy and thereby economic growth and aggregate productivity over the business cycle.The proposed project is original and innovative in two major dimensions: (1) methodologically, it will advance the literature on cyclicality of fiscal policy and informal economy (2) the developed model will be used to analyze important policy issues for Europe that are not discussed at length previously." Fields of science social scienceseconomics and businesseconomicsmacroeconomicssocial scienceseconomics and businesseconomicsproduction economicsproductivity Programme(s) FP7-PEOPLE - Specific programme "People" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013) Topic(s) FP7-PEOPLE-2009-RG - Marie Curie Action: "Reintegration Grants" Call for proposal FP7-PEOPLE-2010-RG See other projects for this call Funding Scheme MC-IRG - International Re-integration Grants (IRG) Coordinator BOGAZICI UNIVERSITESI EU contribution € 100 000,00 Address BEBEK 34342 Istanbul Türkiye See on map Region İstanbul İstanbul İstanbul Activity type Higher or Secondary Education Establishments Administrative Contact Fikret Adaman (Prof.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data
