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
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
Datum izdavanja:
28.5.2019.
Posjeta: 1.361 *