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The modeling of the impacts of the changes in monetary environments on the economic and financial development of transitional economies

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  • I. Lukianenko, V. Zhook

Abstract

Various approaches to the analysis of the impacts of the fluctuations of the exchange rates on the economic conditions of the developed countries and transitional economies are explored. The author proposes a multi-rate non-linear econometric model of modification of exchange rates applicable for the analysis of structural transformations. The integration of such model into the dynamic pattern of Ukraine's financial sector has enabled the scholar to examine how the economy reacts to the inner and outer shocks and fluctuations of the exchange rates.

Suggested Citation

  • I. Lukianenko, V. Zhook, 2011. "The modeling of the impacts of the changes in monetary environments on the economic and financial development of transitional economies," Economy and Forecasting, Valeriy Heyets, issue 2, pages 130-151.
    • Handle: RePEc:eip:journl:y:2011:i:2:p:130-151
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