Estimating the Fiscal Impulse in Ukraine
This paper estimates the fiscal impulse for Ukraine following the methodology of the OECD, which disaggregates budget revenues and expenditures into categories that are driven by economic cycles. To estimate the fiscal impulse the author calculates both long-term and short-term elasticities of vario...
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Format: | Article |
Language: | English |
Published: |
National Bank of Ukraine
2018-09-01
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Series: | Visnyk of the National Bank of Ukraine |
Subjects: | |
Online Access: | http://journal.bank.gov.ua/uploads/articles/245_3.pdf |