Fiscal Policy in Multinational Model of Common Economic Equilibrium

Фискальная политика в многострановой модели общего экономического равновесия

Andrey Zubarev and Kristina Nesterova

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: This model works for six regions / countries. The immediate objective of this work is the construction and calibration of general economic equilibrium model based on Russia, in particular, changes in fiscal policy modeling. The resulting model will simulate the effect of fiscal policy on the economy of Russia and other countries / regions included in the model, as well as to understand how changes in fiscal policy will affect the growth of real wages, interest rates, and economic growth in the country over time.

Keywords: general economic equilibrium model; fiscal policy; real wages; interest rates; economic growth (search for similar items in EconPapers)
Pages: 58 pages
Date: 2016-04-20
New Economics Papers: this item is included in nep-cis, nep-mac and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:rnp:wpaper:2046

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