Optimal Strategy of Monetary and Fiscal Policy in Macedonia: an Economometric Analysis of Different Strategies for Achieving Macroeconomic Stability in the Republic of Macedonia - Besnik Fetai - Books - LAP LAMBERT Academic Publishing - 9783838384368 - July 13, 2010
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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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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.

Media Books     Paperback Book   (Book with soft cover and glued back)
Released July 13, 2010
ISBN13 9783838384368
Publishers LAP LAMBERT Academic Publishing
Pages 288
Dimensions 225 × 16 × 150 mm   ·   447 g
Language German