%0 Journal Article %T Is Currency Appreciation or Depreciation Expansionary in Kosovo? %A Hsing %A Yu %J - %D 2019 %R 10.2478/zireb-2019-0011 %X Sa£żetak Applying an extended IS-MP-AS model (Romer, 2000), this paper shows that real depreciation of the euro raises real GDP in Kosovo and that a lower real lending rate in the euro area, a higher real GDP in Germany, a lower real oil price, or a lower expected inflation rate would help increase real GDP. More government deficit spending as a percent of GDP does not affect real GDP %K Real depreciation or appreciation %K Budget deficits %K Interest rates %K Oil prices %U https://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=321919