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Роль фискальной политики в ценовой (не)стабильности в Казахстане: эмпирическая оценка и механизм макроэкономической балансировки // Role of the Fiscal Policy in the Price (In) Stability in Kazakhstan: Empiric Assessment and Macroeconomic Equilibrating Mechanism

Олжас // Olzhas Тулеуов // Tuleuov (), Бекжан // Bekzhan Багжанов // Bagzhanov () and Adam Zhuzbayev
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Олжас // Olzhas Тулеуов // Tuleuov: National Bank of Kazakhstan
Бекжан // Bekzhan Багжанов // Bagzhanov: National Bank of Kazakhstan

No #2021-3, Working Papers from National Bank of Kazakhstan

Abstract: В настоящей работе произведена проверка соответствия ситуации в Казахстане фискальной теории цен путем ретроспективного анализа характера бюджетно-налоговой политики, её взаимодействия с денежно-кредитной политикой, а также эмпирической оценки воздействия фискальных параметров на инфляционные процессы. // In this study, the compliance of the situation in Kazakhstan with the fiscal theory of the price level was verified by means of a retrospective analysis of the nature of fiscal policy, its relationship with monetary policy as well as by an empirical assessment of the impact of fiscal parameters on inflationary processes.

Keywords: FAVAR; VECM; денежно-кредитная политика; инфляционное таргетирование; инфляция; уровень цен; фискальная политика; фискальная теория цен; фискальная экспансия; фискальное доминирование FAVAR; VECM; monetary policy; inflation targeting; inflation; price level; fiscal policy; fiscal theory of the price level; fiscal expansion; fiscal dominance (search for similar items in EconPapers)
JEL-codes: C32 C52 E17 E62 E63 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2021
New Economics Papers: this item is included in nep-cis and nep-mac
References: View references in EconPapers View complete reference list from CitEc
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https://nationalbank.kz/file/download/68759 English language version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:aob:wpaper:20

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