The main goal of this research is to construct and assess forecast intervals for monthly US/EURO foreign exchange rate. The point forecasts used to build the intervals are based on a vector autoregression (VAR model) and on a Bayesian VAR model for data starting with the first month of 1999. The...

Understanding the structure and properties of production networks is essential to identify the transmission channels from monetary shocks. While growingly studied, this literature keeps displaying critical caveats from which the investigation of G-7 economies is not spared. To fill this gap,...

The main goal of this research is to construct and assess forecast intervals for monthly US/EURO foreign exchange rate. The point forecasts used to build the intervals are based on a vector autoregression (VAR model) and on a Bayesian VAR model for data starting with the first month of 1999. The...

The main goal of this research is to improve the degree of accuracy for inflation rate forecasts in Romania. The inflation was forecasted using a vectorial-autoregressive model. According to Granger test for causality, the relationship between the two variables is reciprocal. The inflation rate...

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...

The main aim of this research is to construct different forecasts for the weight of fiscal revenues in the GDP for Romania on short horizon (2011-2013) by using different types of econometric models. Using annual data from 1995, according to Granger causality test, there is a unidirectional...