{"title":"科索沃货币升值或贬值是扩张性的吗?","authors":"Y. Hsing","doi":"10.2478/zireb-2019-0011","DOIUrl":null,"url":null,"abstract":"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.","PeriodicalId":42298,"journal":{"name":"Zagreb International Review of Economics & Business","volume":"22 1","pages":"47 - 54"},"PeriodicalIF":0.4000,"publicationDate":"2019-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Is Currency Appreciation or Depreciation Expansionary in Kosovo?\",\"authors\":\"Y. Hsing\",\"doi\":\"10.2478/zireb-2019-0011\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"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.\",\"PeriodicalId\":42298,\"journal\":{\"name\":\"Zagreb International Review of Economics & Business\",\"volume\":\"22 1\",\"pages\":\"47 - 54\"},\"PeriodicalIF\":0.4000,\"publicationDate\":\"2019-05-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Zagreb International Review of Economics & Business\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2478/zireb-2019-0011\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Zagreb International Review of Economics & Business","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2478/zireb-2019-0011","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
Is Currency Appreciation or Depreciation Expansionary in Kosovo?
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.