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Fiscal Policy in Multinational Model of Common Economic Equilibrium
[Фискальная Политика В Многострановой Модели Общего Экономического Равновесия]

Author

Listed:
  • Zubarev, Andrey (Зубарев, Андрей)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Nesterova, K.V. (Нестерова, К.В.)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

Abstract

This model works for six regions / countries. The immediate objective of this work is the construction and calibration of general economic equilibrium model based on Russia, in particular, changes in fiscal policy modeling. The resulting model will simulate the effect of fiscal policy on the economy of Russia and other countries / regions included in the model, as well as to understand how changes in fiscal policy will affect the growth of real wages, interest rates, and economic growth in the country over time.

Suggested Citation

  • Zubarev, Andrey (Зубарев, Андрей) & Nesterova, K.V. (Нестерова, К.В.), 2016. "Fiscal Policy in Multinational Model of Common Economic Equilibrium [Фискальная Политика В Многострановой Модели Общего Экономического Равновесия]," Working Papers 2046, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:wpaper:2046
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    References listed on IDEAS

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    1. John Bongaarts, 2014. "United Nations, Department of Economic and Social Affairs, Population Division, Sex Differentials in Childhood Mortality," Population and Development Review, The Population Council, Inc., vol. 40(2), pages 380-380, June.
    2. World Bank, 2005. "Environment Matters at the World Bank : Annual Review 2005," World Bank Publications - Books, The World Bank Group, number 7281, December.
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      Keywords

      general economic equilibrium model; fiscal policy; real wages; interest rates; economic growth;
      All these keywords.

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