How Does Fiscal Policy Affect GDP and Inflation in Ukraine?
Journal Title: Visnyk of the National Bank of Ukraine - Year 2018, Vol 0, Issue 244
Abstract
In this study, we apply the Blanchard-Perotti approach to estimating the impact of fiscal policy on GDP and inflation in Ukraine. By disaggregating fiscal data, we were able to determine which items of the budget have the most influence on real GDP and inflation. Our results show that fiscal multipliers in Ukraine in absolute values are higher for budget expenditures than for taxes. In addition, both budget expenditures and taxes have a positive impact on inflation.
Authors and Affiliations
Artem Vdovychenko
Keywords
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- EP ID EP426843
- DOI 10.26531/vnbu2018.244.02
- Views 104
- Downloads 0
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