Macromodel of the Romanian Market Economy***** In this article we present only the economic forecast of the variable of interest. For a description of the model see RJEF, No. 1/2007 of the [4]. The macromodel estimates the short and medium-term economic implications for internal policies and of...

Macromodel of the Romanian Market Economy***** In this article we present only the economic forecast of the variable of interest; for a description of the model see the previous number of the Journal [4]. The macromodel estimates the short and medium-term economic implications for internal...

L’emploi croissant des indicateurs budgétaires — sur la situation, l’orientation et la soutenabilité des finances publiques — dans la conduite de la politique économique réclame un éclaircissement sur leurs usages et leurs limites.

The concept of sustainable economic growth is closely linked with the agricultural growth. This is especially true in the context of under-developed countries. Pakistan is a typical under-developed country that has huge labor force employed in conventional rural economy and more than half of the...

We study the dynamic general equilibrium effects of introducing a social pension program to elderly informal sector workers in developing countries who lack formal risk sharing mechanisms against income and longevity risks. To this end, we formulate a stochastic dynamic general equilibrium model...

The aim of this study is to investigate the costs and benefits of Romanian integration in European Union. Starting from this ideea, the paper presents the political and economic factors that conduct to the integration even that the economic growth is unde

The paper presents the conceptual and analytical framework of the Input-Output approach to the Romanian Economy Macromodel. The model uses annual Input- Output (I-O) tables, behavioral analysis and support estimation equations for technical coefficients, macro indicators and other variables. The...

This paper investigates the effects of systematic (or rules-based) and non-systematic (exogenous) fiscal policy changes on output growth in Greece, focusing also on the composition of fiscal policy. Exogenous fiscal policy changes are associated with Keynesian responses (with the exception of...

The global economic crisis that broke out in 2008 has reawakened interest in fiscal policy. In the early stages of the crisis, there was a widespread turn to countercyclical fiscal stimulus. Furthermore, the recent euro area crisis has underlined the importance of long-term fiscal sustainability...

As the year 2012 unfolds, its main legacy will be its game changing impact on global financial markets. Waning global growth along with central banksÕ bold monetary easing policies in advanced economies (AEs) to try to reverse it are changing market dynamics in unexpected ways, across both AEs...