Published in:CASE Network Studies and Analyses ; No. 190
Extent:
1 Online-Ressource (52 p)
Language:
English
DOI:
10.2139/ssrn.1446727
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 1999 erstellt
Description:
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