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In this paper the issue of causality between wages and prices in R. Macedonia has been tested. OLS relationship between …
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In this paper we test New Keynesian propositions about inflation and unemployment trade off with the New Keynesian Phillips curve and the proposition of non-neutrality of money. The main conclusion is that there is limited evidence in line with the New-Keynesian theory. Money and growth are...
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decentralization and economic growth in Macedonia as low income state. This paper do not have intention to make a picture of education … system in Macedonia, how it functions or if education is open to all, but has the aim to measure the public spending on … countries like is Macedonia the specification of empirical models to test the causal effect on public spending on education and …
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