Macroeconomic Model for Ukraine
52 Pages Posted: 12 Aug 2009 Last revised: 17 Feb 2010
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: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
The Federal Funds Rate and the Channels of Monetary Transnission
By Ben S. Bernanke and Alan S. Blinder
-
Monetary Policy, Business Cycles and the Behavior of Small Manufacturing Firms
By Mark Gertler and Simon Gilchrist
-
Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance
By Anil K. Kashyap, David W. Wilcox, ...
-
Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance
By Anil K. Kashyap, Jeremy C. Stein, ...
-
Credit, Money, and Aggregate Demand
By Ben S. Bernanke and Alan S. Blinder
-
The Effects of Monetary Policy Shocks: Some Evidence from the Flow of Funds
By Lawrence J. Christiano, Martin Eichenbaum, ...
-
Some Empirical Evidence on the Effects of Monetary Policy Shocks on Exchange Rates
-
Monetary Policy and Bank Lending
By Anil K. Kashyap and Jeremy C. Stein
-
The Impact of Monetary Policy on Bank Balance Sheets
By Anil K. Kashyap and Jeremy C. Stein