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Monetary And Fiscal Policies Interactions In Romania.A Bayesian Approach

In: International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM2014, Book 2

Author

Listed:
  • BOICIUC, I.

Abstract

This study uses a New Keynesian model of a small open economy, augmented with fiscal policy rules, to assess the interactions between monetary and fiscal policies for the Romanian economy. The model is estimated using Bayesian techniques. The estimation is done on quarterly data using samples for output, inflation, interest rate, government expenditure and government revenues, over the period of 2000q1-2013q3.

Suggested Citation

Handle: RePEc:gvh:ssaeco:a045bcee-e37e-4e28-a066-af9564281160
DOI: 10.5593/sgemsocial2014/b22/s6.062
Note: Published conference-proceedings chapter. Listed authors are the authors of this chapter only; book editor attribution has not been supplied. Original edition publisher: STEF92 Technology. Metadata and bibliographic references only; full-text access is governed by the publisher.
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