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Is Currency Appreciation or Depreciation Expansionary in Kosovo?
Zagreb International Review of Economics and Business Pub Date : 2019-05-01 , DOI: 10.2478/zireb-2019-0011
Yu Hsing 1
Affiliation  

Abstract 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.

中文翻译:

科索沃的货币升值或贬值扩展吗?

摘要应用扩展的IS-MP-AS模型(Romer,2000年),研究发现,欧元的实际贬值提高了科索沃的实际GDP,而欧元区的实际贷款利率降低,德国的实际GDP更高,降低实际石油价格或降低预期通货膨胀率将有助于增加实际GDP。更多的政府赤字支出占GDP的百分比不会影响实际GDP。
更新日期:2019-05-01
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