English, Article edition: EFFECTS OF MACROECONOMIC POLICIES AND STOCK MARKET PERFORMANCE ON THE ESTONIAN ECONOMY Yu Hsing

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/197571
Physical Description
  • article
Language
  • English

Edition details

Title
  • EFFECTS OF MACROECONOMIC POLICIES AND STOCK MARKET PERFORMANCE ON THE ESTONIAN ECONOMY
Author
  • Yu Hsing
Physical Description
  • article
Notes
  • wealth effect, substitution effect, stock prices, real depreciation, deficit spending
  • RePEc:prg:jnlpep:v:2005:y:2005:i:2:id:256:p:109-116
  • Based on a general equilibrium model, this study finds that real output in Estonia is positively associated with real quantity of money and negatively influenced by real depreciation of the kroon, real stock prices, and the expected inflation rate. Government deficit spending is found to be insignificant. Policy implications are that fiscal discipline pursued by the Estonian government is appropriate, that a stronger currency may better serve Estonia, and that the wealth effect of an increase in the stock price on real money balances is greater than the substitution effect.
  • deficit spending, real depreciation, stock prices, wealth effect, substitution effect
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment