Macroeconomic Model for Ukraine

52 Pages Posted: 12 Aug 2009 Last revised: 17 Feb 2010

See all articles by Katarzyna Pietka

Katarzyna Pietka

CASE - Center for Social and Economic Research

Miroslaw Gronicki

affiliation not provided to SSRN

Date Written: 1999

Abstract

This paper presents the most recent version of the quarterly macroeconomic model of the Ukrainian economy, its assumptions and possible applications. This model represents an unorthodox approach in analysing economies in transition. It covers transactions in both official and shadow economies. The volume and value of shadow transactions were estimated using an unconventional methodology, beginning with the analyses of overall consumer demand. This, in turn, was derived from official households surveys. The next steps included estimating cross-border trade and investment-in-kind. Possible applications of the model are: short- and medium-run forecasts based on the whole model, projections of particular variables, and building various scenarios of policy-mix in Ukraine.

Keywords: Ukraine, macroeconomic model, economies in transition

Suggested Citation

Pietka, Katarzyna and Gronicki, Miroslaw, Macroeconomic Model for Ukraine (1999). CASE Network Studies and Analyses No. 190, Available at SSRN: https://ssrn.com/abstract=1446727 or http://dx.doi.org/10.2139/ssrn.1446727

Katarzyna Pietka (Contact Author)

CASE - Center for Social and Economic Research ( email )

12 Sienkiewicza Str.
00-944 Warsaw, 00-944
Poland

HOME PAGE: http://www.case.com.pl

Miroslaw Gronicki

affiliation not provided to SSRN ( email )

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