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An Equilibrium Model with Applications for the European Union Countries

Author

Listed:
  • Cãtãlin Angelo Ioan

    (Danubius University of Galati)

  • Gina Ioan

    (Danubius University of Galati)

Abstract

The model presented in this article is an adaptation of the IS-LM model for an open economy in which we took into account the temporal variable to more accurately determine the equilibrium levels of the macroeconomic indicators. We analyzed the periods during which the values of the indicators exceeded the level of equilibrium and we identified the possible causes that led to these situations

Suggested Citation

  • Cãtãlin Angelo Ioan & Gina Ioan, 2019. "An Equilibrium Model with Applications for the European Union Countries," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 15(1), pages 265-409, FEBRUARY.
    • Handle: RePEc:dug:actaec:y:2019:i:1:p:265-409
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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/5703/4862
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