Is real depreciation and expansionary fiscal policy effective? The case of Serbia
Journal Title: Economics, Management and Sustainability - Year 2017, Vol 2, Issue 2
Abstract
Applying the IS-MP-IA model to study the impacts of exchange rate movements, expansionary fiscal policy and other relevant variables in Serbia, we find that real appreciation of the dinar, a higher government deficit-to-GDP ratio, a lower real lending rate in the euro area, a lower lagged real oil price, a higher Germany’s real GDP and a lower expected inflation rate would promote economic growth.
Authors and Affiliations
Yu Hsing, Yun-Chen Morgan
Keywords
Related Articles
- EP ID EP247231
- DOI 10.14254/jems.2017.2-2.3
- Views 136
- Downloads 0
Solving the problem of concentration of agricultural lands by agricultural holdings from the perspective of rural development
The development of rural areas largely depends on the activities of local agricultural enterprises. It is expedient to consider the impact of agricultural holdings on the development of rural areas, taking into account t...
Bromic Heating Co business exposure project to the Chile market
The purpose of this article is to provide Bromic Heating (the leading Australian EGC Group company) with the necessary information in order to expand their operations into the South American market, and make recommendati...
Development of family leisure activities in the hotel and restaurant businesses: Psychological and pedagogical aspects of animation activity
The development of family leisure activities in the hotel and restaurant businesses with consideration of psychological and pedagogical aspects of animation activity is an actual task facing modern managers. The purpose...
Identifying the customer satisfaction factors in furniture market
Purpose – the purpose of this research is to identify the influential factors on customer satisfaction in the Iranian furniture market in order to get acquainted with the fundamental items for planning future sales progr...
The impact of active labor market policies on the employment outcomes of youth graduates in the Tunisian governorates
In this paper, we analyze the impact of determinant factors on the employment of youth graduates in Tunisian governorates, and the effectiveness of active labor market policies. Our main objective is to identify the rela...