; 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. …

The ambition of this paper is to analyse real exchange rate dynamics in Macedonia relying on a highly disaggregated … irrelevance of the Balassa-Samuelson effect for overall inflation via service prices in the CPI. Furthermore, we estimate variants … fairly robust in terms of sign and size. An increase/decrease in the productivity variables is associated with an …

to use it for macro-economic policy analyses at the Macedonian central bank, by means of keeping the statistical basis up …This report describes the macro-econometric model for the Republic of Macedonia MAKMODEL. It documents the main … features of this model that was built by research teams of the Macedonian and Dutch central bank during July 1999 - June 2001 …

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 …

; 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. …

, the current account is viewed as the outcome of variations in macroeconomic “structural” determinants that influence the … sustainability of the Macedonian current account deficit using the structural model of the current account. According to this model … variables that had an effect on the Macedonian current account in the period 1998-2009, and that the sustainable level of the …

The ambition of this paper is to analyse real exchange rate dynamics in Macedonia relying on a highly disaggregated … irrelevance of the Balassa-Samuelson effect for overall inflation via service prices in the CPI. Furthermore, we estimate variants … fairly robust in terms of sign and size. An increase/decrease in the productivity variables is associated with an …

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 …

; 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. …

to use it for macro-economic policy analyses at the Macedonian central bank, by means of keeping the statistical basis up …This report describes the macro-econometric model for the Republic of Macedonia MAKMODEL. It documents the main … features of this model that was built by research teams of the Macedonian and Dutch central bank during July 1999 - June 2001 …