THE ECONOMETRIC ANALYSIS OF MACROECONOMIC POLICIES APPLIED IN THE REPUBLIC OF MOLDOVA OVER THE PERIOD 1994-2004

Ion Partachi and Irina Grosu
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Ion Partachi: Academy of Economic Studies, Republic of Moldova, Chisinau
Irina Grosu: Academy of Economic Studies, Republic of Moldova, Chisinau

Journal for Economic Forecasting, 2005, vol. 2, issue 4, 109-119

Abstract: The simulation of different macroeconomic policies depending on numerous objectives of national importance is a first order necessity for the Republic of Moldova, given the problems that it has to face in the transition period. Three macroeconomic models are presented and simulated: one of the monetary and credit policy, one of the fiscal policy and one of the economic reality, intended to observe how the macroeconomic policies applied in Moldova influence in common the main macroeconomic indicators that describe the country’s economy. In order to discern more realistically the future evolution of the economic growth in the Republic of Moldova, a comparison between the results obtained by means of the macroeconomic model and the expected levels obtained by the Strategy of Economic Growth and Diminution of Poverty over the period 2004-2006 is elaborated.

Keywords: macroeconomic policies; monetary policy; fiscal policy; econometric analysis; macroeconomic models (search for similar items in EconPapers)
JEL-codes: C22 E0 E52 E62 (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:rjr:romjef:v:2:y:2005:i:4:p:109-119

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