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Fiscal Policy, the Main Tool to Influence the Capital Markets' Strength

机译:财政政策:影响资本市场实力的主要工具

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摘要

Based on the fiscal & monetary theories derived from the economic works mentioned in the present working paper, we intend to argue that far from being a factor with small influence, as shown in literature, fiscal policy is a major factor influencing capital markets, its influence being found in the behavior of all factors mentioned as important for market capital strength, like interest rates, inflation rates and exchange rates. The aim of this work is to examine the effects of fiscal policy on the strength of capital markets. We also employ machine learning techniques in our research outlining the average daily trading on Bucharest Stock Exchange (BVB).
机译:基于本工作文件中提到的经济工作得出的财政和货币理论,我们打算指出,财政政策远不是影响力较小的因素,正如文献所示,它是影响资本市场的主要因素,其影响力是在提到的所有对市场资本实力至关重要的因素的行为中都可以找到它,例如利率,通货膨胀率和汇率。这项工作的目的是研究财政政策对资本市场实力的影响。我们还在研究中采用了机器学习技术,概述了布加勒斯特证券交易所(BVB)的平均每日交易量。

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