PELINESCU, Elena; SIMIONESCU, Mihaela - In: Journal of Financial and Monetary Economics 1 (2014) 1, pp. 117-124
The main aim of this article is to model the quarterly real money demand in Romania and to make short-run forecasts for 2014:Q1-2015:Q1. A vector-autoregressive model (VAR(1)) was built for stationary data series of real money demand, real GDP and spread between active and pasive interest rate...
