Is real depreciation expansionary? The case of the Czech Republic
Applying the aggregate demand and aggregate supply model and based on a quarterly sample during 2003.Q1 – 2015.Q4, this paper finds that Czech’s aggregate output is positively associated with real appreciation of the koruna, the real stock price, lagged German real GDP and real wages and negatively...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2016-09-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1200.pdf
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