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Table of Contents
Preface; References; Contents; Editors and Contributors; 1 Capturing and Analyzing Information on Fiscal Policy of EU Countries; Abstract; 1 Introduction; 2 Fiscal Policy in EU Countries; 2.1 Fiscal Policy in Times of Economic Crisis; 2.2 Mechanisms for Fiscal Policy Coordination; 2.3 The Central Fiscal Policy Versus National Responsibility for Its Own Finances; 3 Government Expenditure on Education as a Part of Fiscal Policy; 3.1 Analysis of Government Expenditure on Education Since 2008; 3.2 Comparative Analysis of Government Expenditure on Education from 2008 to 2012.
3.2.1 The Total Government Expenditure on Education as a Percentage of GDP3.2.2 Government Expenditure on Education Compared to Total Government Expenditure; 3.2.3 Government Expenditure Per Pupil/Student Expressed in PPPs; 3.3 Comparative Analysis of the GDP Development of EU Member Countries Since 2008; 3.3.1 GDP at Current Market Prices; 3.3.2 GDP Per Capita at Constant Prices; 3.4 Comparative Analysis of Public Debt Development Since 2008; 3.5 Correlation Between the Government Expenditure on Education, GDP and Public Debt Development Since 2008.
3.5.1 Government Expenditure Per Pupil/Student Versus GDP Per Capita in PPPs3.5.2 The Growth in Government Expenditure on Education Per Pupil/Student Versus the Growth in GDP Per Capita in %; 3.5.3 Government Expenditure on Education as % of GDP Versus % of Total Government Expenditure; 3.5.4 Total Government Expenditure on Education Versus Public Debt as % of GDP; 3.5.5 Government Expenditure on Education Growth Versus Public Debt Growth; 3.6 Application of the Confirmed Correlation Between the Examined Variables; 3.6.1 Cluster Analysis of EU Member Countries (Cluster Analysis).
3.6.2 Prediction Model of Amount of Government Expenditure on Education Per Pupil/Student3.6.3 Prediction Model of Amount of Government Expenditure on Education; 4 Conclusion; Appendix 1; Appendix 2; Appendix 3; References; 2 Math Analysis of Informational Factors Affecting State Fiscal Policy in Short-Term Development Prediction; Abstract; 1 Introduction; 2 Macroeconomic and Time Series Insight; 2.1 Aggregate Output; 2.1.1 Gross Domestic Product; 2.1.2 Nominal Versus Real GDP; 2.2 IS-LM Model; 2.2.1 Construction of the IS Curve; 2.2.2 Construction of the LM Curve.
2.2.3 Integration of the IS and the LM Curve2.3 Fiscal Policy; 2.3.1 Fiscal Expansion; 2.3.2 Fiscal Contraction (Consolidation); 2.4 Matrices and Their Properties; 2.4.1 Correlation Matrix; 2.5 Time Series Analysis; 2.5.1 Moving Averages; 2.5.2 Exponential Smoothing; 3 Objectives and Working Methodology; 3.1 Main Objective; 3.2 Particular Objectives; 3.3 Methodology; 4 GDP Development in the EU States; 4.1 Slovakia; 4.2 Austria; 4.3 Germany; 4.4 France; 4.5 Spain; 4.6 Greece; 5 GDP Forecasting and Its Economic Consequences; 5.1 Correlation Matrix; 5.1.1 Correlation Coefficient.
3.2.1 The Total Government Expenditure on Education as a Percentage of GDP3.2.2 Government Expenditure on Education Compared to Total Government Expenditure; 3.2.3 Government Expenditure Per Pupil/Student Expressed in PPPs; 3.3 Comparative Analysis of the GDP Development of EU Member Countries Since 2008; 3.3.1 GDP at Current Market Prices; 3.3.2 GDP Per Capita at Constant Prices; 3.4 Comparative Analysis of Public Debt Development Since 2008; 3.5 Correlation Between the Government Expenditure on Education, GDP and Public Debt Development Since 2008.
3.5.1 Government Expenditure Per Pupil/Student Versus GDP Per Capita in PPPs3.5.2 The Growth in Government Expenditure on Education Per Pupil/Student Versus the Growth in GDP Per Capita in %; 3.5.3 Government Expenditure on Education as % of GDP Versus % of Total Government Expenditure; 3.5.4 Total Government Expenditure on Education Versus Public Debt as % of GDP; 3.5.5 Government Expenditure on Education Growth Versus Public Debt Growth; 3.6 Application of the Confirmed Correlation Between the Examined Variables; 3.6.1 Cluster Analysis of EU Member Countries (Cluster Analysis).
3.6.2 Prediction Model of Amount of Government Expenditure on Education Per Pupil/Student3.6.3 Prediction Model of Amount of Government Expenditure on Education; 4 Conclusion; Appendix 1; Appendix 2; Appendix 3; References; 2 Math Analysis of Informational Factors Affecting State Fiscal Policy in Short-Term Development Prediction; Abstract; 1 Introduction; 2 Macroeconomic and Time Series Insight; 2.1 Aggregate Output; 2.1.1 Gross Domestic Product; 2.1.2 Nominal Versus Real GDP; 2.2 IS-LM Model; 2.2.1 Construction of the IS Curve; 2.2.2 Construction of the LM Curve.
2.2.3 Integration of the IS and the LM Curve2.3 Fiscal Policy; 2.3.1 Fiscal Expansion; 2.3.2 Fiscal Contraction (Consolidation); 2.4 Matrices and Their Properties; 2.4.1 Correlation Matrix; 2.5 Time Series Analysis; 2.5.1 Moving Averages; 2.5.2 Exponential Smoothing; 3 Objectives and Working Methodology; 3.1 Main Objective; 3.2 Particular Objectives; 3.3 Methodology; 4 GDP Development in the EU States; 4.1 Slovakia; 4.2 Austria; 4.3 Germany; 4.4 France; 4.5 Spain; 4.6 Greece; 5 GDP Forecasting and Its Economic Consequences; 5.1 Correlation Matrix; 5.1.1 Correlation Coefficient.