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The Response Of Monetary Policy Through Interest Rate To Output Gap

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  • Ion PÂRÞACHI

    ()
    (The Academy of Economic Studies of Moldova, Republic of Moldova)

  • Simion MIJA

    ()
    (The Academy of Economic Studies of Moldova, Republic of Moldova)

Abstract

It’s proposed to create a macroeconomic model in order to determine the relationship between these variables. This model is based on a structural autoregressive vector. The reaction form of studied variables to shocks of other variables included in the model represents the mechanism of transmission. Determination of this mechanism is considered a major objective of many macroeconomic studies.

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Bibliographic Info

Article provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal Proceedings of the International Conference INVESTMENTS AND ECONOMIC RECOVERY.

Volume (Year): 10 (2011)
Issue (Month): 1 (December)
Pages: 109-114

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Handle: RePEc:rom:efinvm:v:10:y:2011:i:1:p:109-114

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Keywords: career development; knowledge; lifelong learning.;

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