DETERMINANTS OF THE CURRENT ACCOUNT BALANCE AND OUTPUT IN UKRAINE
Using quarterly data for the 2000—2017 period, fiscal and monetary policy effects upon the real exchange rate (RER), the current account balance and output (GDP) in Ukraine are estimated with the SVAR model. It is found that the budget surplus is a factor behind both an improvement in the current a...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
FINTECH Alliance LLC
2019-09-01
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Series: | Фінансово-кредитна діяльність: проблеми теорії та практики |
Subjects: | |
Online Access: | https://fkd.net.ua/index.php/fkd/article/view/1947 |