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
Additional contact information
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
Citations:
Downloads: (external link)
https://nationalbank.kz/file/download/68197 Russian language version (application/pdf)
https://nationalbank.kz/file/download/68759 English language version (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:aob:wpaper:20
Access Statistics for this paper
More papers in Working Papers from National Bank of Kazakhstan Contact information at EDIRC.
Bibliographic data for series maintained by Saida Agambayeva ().