The effectiveness of fiscal and monetary policy: case of Uzbekistan
Автор: Sitmuratov Shuhrat
Журнал: Бюллетень науки и практики @bulletennauki
Рубрика: Экономические науки
Статья в выпуске: 3 т.6, 2020 года.
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The article examines an effectiveness of government monetary and fiscal policy for Uzbekistan by constricting IS-curve for goods market and LM-curve for money market, simultaneously. For the both markets equilibrium interest rate is also determined. The results show that the variables are co integrated, that the variables have long-run or short-run equilibrium relationship between them. According to the empirical results, the long-run equilibrium interest rate for covered period was 22.0% for Uzbekistan, for the current period we recommend the equilibrium interest rate around 15%.
Uzbekistan, is-lm model, fiscal and monetary policy, is-curve, goods market, lm-curve, money market, unit root, cointegration, is-lm модель, is-кривая, lm-кривая
Короткий адрес: https://sciup.org/14115986
IDR: 14115986 | DOI: 10.33619/2414-2948/52/31
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