, raising the concern of possible negative impact of low interest rates on households’ propensity to save. In this analysis, we … and their dynamics over time have not been a key determinant of saving and investment behavior of households in the region …The past decade following the global economic crisis (2008-09) will be certainly marked as the era of historically low …

; 4) small structural model that links GDP components to a small set of explanatory variables; 5) static factor model that … dismissed. The small structural model that explains every GDP component as a function of economic determinants comes third …, "reviving" the interest in these old-school models, at least for the case of Macedonia. …

influence of structural breaks in the mean of inflation on the level of persistence. We find strong evidence for a break in the …We apply classical econometric method to characterize the dynamic behavior of the quarter-on-quarter inflation over the … period 1997q1-2010q1. In particular, we estimate univariate autoregressive (AR) models for the aggregate consumer price …

economic effects of FDI over the host country, having in mind their numerous direct and indirect effects. Besides the amount of … structural dimension. The main conclusion of the analysis is that the FDI inflows were important factor for GDP growth and export … findings regarding the type and sector distribution of the FDI inflows are very important for the policy makers and imply a …

of the study on emerging countries could help policy-makers design more appropriate policies for those countries. In this …. In a highly integrated and globalized world, the study of co-movement, or integration, is important because the results … study, we are trying to answer how much of economic volatility in Macedonia can be explained by shocks originating in the …