The macroeconomic deviation effects of the actual exchange rate from the equilibrium level of Ukraine
By means of VAR and 2SLS assessments in the article researches the influence of the RER deviations from the equilibrium signification received through the Hodrick-Prescott filter. The author proved that understated RER worsens the GDP dynamics and accelerates the inflation simultaneously restricting...
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| Format: | Article |
| Language: | English |
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Kyiv National Economic University named after Vadym Hetman
2010-10-01
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| Series: | International Economic Policy |
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| Online Access: | http://iepjournal.com/journals_eng/12-13/2010_11_Shevchuk_eng.pdf |