Macroeconomic Model for Ukraine

Miroslaw Gronicki and Katarzyna Pietka

No 190, CASE Network Studies and Analyses from CASE-Center for Social and Economic Research

Abstract: This paper presents the most recent version of the quarterly Macroeconomic Model of the Ukrainian economy, its assumptions and possible applications. This model represents an unorthodox approach in analysing economies in transition. It covers transactions in both official and shadow economies. The volume and value of shadow transactions were estimated using an unconventional methodology, beginning with the analyses of overall consumer demand. This, in turn, was derived from official households surveys. The next steps included estimating cross-border trade and investment-in-kind. Possible applications of the model are: short- and medium-run forecasts based on the whole model, projections of particular variables, and building various scenarios of policy-mix in Ukraine.

Keywords: Ukraine; macroeconomic model; economies in transition (search for similar items in EconPapers)
Pages: 52 Pages
Date: 1999
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:sec:cnstan:0190

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