benefits and costs of exchange rate targeting strategy in Macedonia are presented regarding the monetary policy (money supply … devided into six chapters. In the first introductory chapter the set up of the Macedonian monetary order is presented …, together with the outline what is following in next five chapters. The main topic of investigation in the second chapter is, if …

practical application in Thirlwall's economic growth model in the case of the Republic of Macedonia. The estimation is based on … the estimated income elasticity of import in the Thirlwall's economic growth model shows that the growth rate of the …The purpose of this empirical research is estimation of the long-term price and income trade elasticities and their …

, monetary and fiscal policy, can affect the real economy. This paper presents an estimate of the investment function for the … term production capacity in the economy. Investment, also, is one of the channels through which macroeconomic policies …Investment is one of the crucial macroeconomic variables - it adds to the capital stock and thus determines the long …