Is Real Depreciation and More Government Spending Expansionary? The Case of Montenegro

Employing an extended IS-MP-AS model to study the effects of the exchange rate, fiscal policy and other related variables in Montenegro, the paper finds that real depreciation of the Euro, a lower government spending-to-GDP ratio, a lower real lending rate in the Euro area, a lower lagged real oil p...

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Main Author:	Hsing Yu
Format:	Article
Language:	English
Published:	Sciendo 2017-12-01
Series:	Review of Economic and Business Studies
Subjects:	currency depreciation government spending interest rates is-mp-as model f41 e62
Online Access:	https://doi.org/10.1515/rebs-2017-0056

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spelling	doaj-28a95ebf515340e9aadffe2b159455e22021-09-05T14:00:11ZengSciendoReview of Economic and Business Studies2068-72492017-12-0110210311310.1515/rebs-2017-0056rebs-2017-0056Is Real Depreciation and More Government Spending Expansionary? The Case of MontenegroHsing Yu0Joseph H. Miller Endowed Professor in Business, Department of Management & Business Administration, College of Business, Southeastern Louisiana University, Hammond, LA, USAEmploying an extended IS-MP-AS model to study the effects of the exchange rate, fiscal policy and other related variables in Montenegro, the paper finds that real depreciation of the Euro, a lower government spending-to-GDP ratio, a lower real lending rate in the Euro area, a lower lagged real oil price, a higher lagged real GDP in Germany, and a lower expected inflation rate would promote economic growth.https://doi.org/10.1515/rebs-2017-0056currency depreciationgovernment spendinginterest ratesis-mp-as modelf41e62
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Hsing Yu
spellingShingle	Hsing Yu Is Real Depreciation and More Government Spending Expansionary? The Case of Montenegro Review of Economic and Business Studies currency depreciation government spending interest rates is-mp-as model f41 e62
author_facet	Hsing Yu
author_sort	Hsing Yu
title	Is Real Depreciation and More Government Spending Expansionary? The Case of Montenegro
title_short	Is Real Depreciation and More Government Spending Expansionary? The Case of Montenegro
title_full	Is Real Depreciation and More Government Spending Expansionary? The Case of Montenegro
title_fullStr	Is Real Depreciation and More Government Spending Expansionary? The Case of Montenegro
title_full_unstemmed	Is Real Depreciation and More Government Spending Expansionary? The Case of Montenegro
title_sort	is real depreciation and more government spending expansionary? the case of montenegro
publisher	Sciendo
series	Review of Economic and Business Studies
issn	2068-7249
publishDate	2017-12-01
description	Employing an extended IS-MP-AS model to study the effects of the exchange rate, fiscal policy and other related variables in Montenegro, the paper finds that real depreciation of the Euro, a lower government spending-to-GDP ratio, a lower real lending rate in the Euro area, a lower lagged real oil price, a higher lagged real GDP in Germany, and a lower expected inflation rate would promote economic growth.
topic	currency depreciation government spending interest rates is-mp-as model f41 e62
url	https://doi.org/10.1515/rebs-2017-0056
work_keys_str_mv	AT hsingyu isrealdepreciationandmoregovernmentspendingexpansionarythecaseofmontenegro
_version_	1717812331752194048

Is Real Depreciation and More Government Spending Expansionary? The Case of Montenegro

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