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LAP Lambert Academic Publishing Optimal Strategy of Monetary and Fiscal Policy in Macedonia: An economometric analysis of different strategies for achieving macroeconomic stability in the Republic of Macedonia

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Description

In assessing the relative costs and benefits associated with introducing a more active monetary and fiscal policy and a different exchange rate regime in the Republic of Macedonia, all econometrics results, using different methodologies (SVAR and VECM), show that introducing such policies in order to promote rapid economic growth could easy disturb macroeconomic stability (after having achieved it at a substantial cost) without any significant economic benefits.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
13 July 2010
Listed Since
15 July 2010

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