SIMIONESCU, Mihaela; BILAN, Yuriy - In: THE YEARBOOK OF THE “GH. ZANE” INSTITUTE OF … 22 (2013) 1, pp. 5-10
The aim of this research is to make predictions for macroeconomic variables like inflation rate, unemployment rate and exchange rate for Romania and Poland using BVAR models. The one-step-ahead forecasts cover the horizon 2011-2013. Direct forecasts were developed using three types of priors for...