Advanced Search
MyIDEAS: Login to save this article or follow this journal

Montenegrin Quarterly Macroeconomic Econometric Model

Contents:

Author Info

  • Štiblar Franjo
  • Oplotnik Žan
  • Vukotić Veselin
Registered author(s):

    Abstract

    Specific features of quarterly econometric model for Montenegro are dealing with the euroization of the economy, de facto separation of Montenegrin economy from Serbian economy. The model is specified with final demand as driving force of the economic growth, but, in addition, with some specific detail of supply side economics regarding negative role of government expenditures and taxation on some forms of activity. Key features of the model are: inclusion of relevant real and financial sectors of the economy, estimation of labour and capital market, division of labour market on tradable and non-tradable part, creation of activity variable in addition to industrial production and identifying final demand as driving force of the economy. Special features are connected with peculiarities of Montenegrin economy, which include lack of domestic currency and fiscal restraint following Maastricht criteria. Model enables the analysis of measures of monetary, fiscal and some employment policy. The ultimate goal of building model was to describe functioning of Montenegrin economy which needs to be better understood by authorities (government, central bank). Next, model is intended to help identifying and quantifying appropriate measures of economic policy; their quantification should be consistent with the major economic goals authorities declared in their yearly economic policy resolutions.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.vse.cz/pep/abstrakt.php?IDcl=282
    Download Restriction: Restriction: free of charge

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by University of Economics, Prague in its journal Prague Economic Papers.

    Volume (Year): 2006 (2006)
    Issue (Month): 2 ()
    Pages: 156-171

    as in new window
    Handle: RePEc:prg:jnlpep:v:2006:y:2006:i:2:id:282:p:156-171

    Contact details of provider:
    Postal: nam. W. Churchilla 4, 130 67 Praha 3
    Phone: (02) 24 09 51 11
    Fax: (02) 24 22 06 57
    Web page: http://www.vse.cz/
    More information through EDIRC

    Order Information:
    Postal: Editorial office Prague Economic Papers, University of Economics, nám. W. Churchilla 4, 130 67 Praha 3, Czech Republic
    Email:
    Web: http://www.vse.cz/pep/

    Related research

    Keywords: macroeconomic models; economic policy; econometric models; transitional economies; Montenegro; economic systems;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Franziska Ohnsorge & Yevgeniya, 2011. "Forecasting growth in eastern Europe and central Asia," Working Papers 137, European Bank for Reconstruction and Development, Office of the Chief Economist.
    2. Bradley Ewing & Jamie Kruse & Mark Thompson, 2009. "Twister! Employment responses to the 3 May 1999 Oklahoma City tornado," Applied Economics, Taylor & Francis Journals, vol. 41(6), pages 691-702.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:prg:jnlpep:v:2006:y:2006:i:2:id:282:p:156-171. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vaclav Subrta).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.