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THE RESPONSE OF MONETARY POLICY THROUGH INTEREST RATE TO OUTPUT GAP

Ion Pârþachi () and Simion Mija
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Ion Pârþachi: The Academy of Economic Studies of Moldova, Republic of Moldova

Proceedings of the International Conference Investments and Economic Recovery, 2011, vol. 10, issue 1, 109-114

Abstract: It’s proposed to create a macroeconomic model in order to determine the relationship between these variables. This model is based on a structural autoregressive vector. The reaction form of studied variables to shocks of other variables included in the model represents the mechanism of transmission. Determination of this mechanism is considered a major objective of many macroeconomic studies.

Keywords: career development; knowledge; lifelong learning. (search for similar items in EconPapers)
Date: 2011
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