An Equilibrium Model with Applications for some of the Asian and Australia-Oceania Countries - Part Two
Catalin Angelo Ioan and
Gina Ioan ()
Acta Universitatis Danubius. OEconomica, 2019, issue 15(6), 302-456
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.
Keywords: equilibrium; GDP; investments; interest rate; consumption (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2019:i:6:p:302-456
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