Weather in Victoria

Viboria viboria, Victoria a Regatului Unit


    miere în forma de miere în varicoza

    The relationship between gross domestic product and monetary variables in Romania. Viboria viboria Bayesian approach 1 edition published in in English and held by 1 WorldCat member library worldwide Abstract: For establishing the suitable monetary policy it is essential to know if there is a relevant relationship in practice between gross domestic product G.

    The purpose of this study is to analyse the causality between output variation and money aggregate in Romania for quarterly data in the period QQ2. Moreover the impact on G. The results indicated a bidirectional relationship between G. The Granger causality test combined with stochastic search variable selection indicated that active interest rate and discount rata mostly explained G.

    According to results based on Bayesian regime-switching models, contrary to expectations, the interest rate increases continued to generate higher output variations, the consumption being the engine of economic growth in Romania. In periods of economic recession, the lower interest rate stimulated the recovery of viboria viboria economy.

    hazel din recenzii varicose recenzii