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Kalman Filter in the Problem of the Exchange and the Inflation Rates Adequacy To Determining Factors

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  • N. S. Gonchar
  • W. H. Kozyrski
  • A. S. Zhokhin
  • O. P. Dovzhyk

Abstract

Using introduced concept of the exchange and inflation rates adequacy, the relevance of them to the determining factors is found. We established close positive relation between hryvnia / dollar exchange and inflation rates, fiscal deficit, price level of energy sources, and money supply. On this basis, we give proposals for state macroeconomic policy to stabilize Ukrainian economy.

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  • N. S. Gonchar & W. H. Kozyrski & A. S. Zhokhin & O. P. Dovzhyk, 2025. "Kalman Filter in the Problem of the Exchange and the Inflation Rates Adequacy To Determining Factors," Papers 2503.10117, arXiv.org.
    • Handle: RePEc:arx:papers:2503.10117
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    References listed on IDEAS

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    1. Bela Balassa, 1964. "The Purchasing-Power Parity Doctrine: A Reappraisal," Journal of Political Economy, University of Chicago Press, vol. 72(6), pages 584-584.
    2. Michael L. Mussa, 1984. "The Theory of Exchange Rate Determination," NBER Chapters, in: Exchange Rate Theory and Practice, pages 13-78, National Bureau of Economic Research, Inc.
    3. Meese, Richard A. & Rogoff, Kenneth, 1983. "Empirical exchange rate models of the seventies : Do they fit out of sample?," Journal of International Economics, Elsevier, vol. 14(1-2), pages 3-24, February.
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