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Prethodno priopćenje

https://doi.org/10.2478/zireb-2019-0011

Is Currency Appreciation or Depreciation Expansionary in Kosovo?

Yu Hsing ; Southeastern Louisiana University, Hammond, LA, USA


Puni tekst: engleski pdf 348 Kb

str. 47-54

preuzimanja: 462

citiraj


Sažetak

Applying an extended IS-MP-AS model (Romer, 2000), this paper shows that real depreciation of the euro raises real GDP in Kosovo and that a lower real lending rate in the euro area, a higher real GDP in Germany, a lower real oil price, or a lower expected inflation rate would help increase real GDP. More government deficit spending as a percent of GDP does not affect real GDP.

Ključne riječi

Real depreciation or appreciation; Budget deficits; Interest rates; Oil prices

Hrčak ID:

220481

URI

https://hrcak.srce.hr/220481

Datum izdavanja:

28.5.2019.

Posjeta: 981 *