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Model of Interest Rate with Government Ponzi Games and Debt Dynamics Under Uncertainty within Fiscal Federalism

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  • Vîntu, Denis
  • Balaban, Georgiana

Abstract

This paper presents two objectives: in the first part, we make a presentation of interest rate equations in a historical overview, from Irwing Fisher to John Maynard Keynes. Second part is designed to quarterly estimated structural macro econometric model for the Republic of Moldova, denoted A Classical Macroeconometric Data Model for the Republic of Moldova (MDM) in context of Neo-Classical Approach of the Economy. This model has been developed with four uses in mind: the assessment of economic conditions in the Republic of Moldova, macroeconomic forecasting, policy analysis and deepening understanding of the functioning of market economy.

Suggested Citation

  • Vîntu, Denis & Balaban, Georgiana, 2024. "Model of Interest Rate with Government Ponzi Games and Debt Dynamics Under Uncertainty within Fiscal Federalism," MPRA Paper 125856, University Library of Munich, Germany, revised Oct 2024.
    • Handle: RePEc:pra:mprapa:125856
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    References listed on IDEAS

    as
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    Keywords

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    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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