In this article, the GDP deflator is predicted starting from econometric models of historical errors of forecasts based on Dobrescu macromodel. In Romania, a significant relationship between GDP deflator and GDP index predictions was not confirmed. However, there is an important dependence...

The study of the economic processes and phenomena using time-series is an important source of information for the analyses carried out both at the microeconomic level, and those made at the macroeconomic level. Within the framework of this work are presented a series of theoretical aspects...

The purpose of this paper is to present the framework for statistical analyzing the monetary transmission mechanism: the process through which monetary policy decisions are transmitted into changes in real GDP, and inflation; and to evaluate the transmission mechanism in the monetary policy...

The present paper exposes an overview of the state-of-the-art of R statistical software in the official statistics in Romania, predominantly in the social statistics. Examples on data analysis and econometric models of Small Area Estimation successfully completed are given.The scientific...

In this paper the Kullback-Leibler notion of discrepancy (Kullback and Leibler, 1951) is used to propose a measure of multigroup segregation over a set of organizational units within a multivariate framework. Among the main results of the paper it is established that the Mutual Information index...

Many macroeconomic forecasts and forecast updates like those from IMF and OECD typically involve both a model component, which is replicable, as well as intuition, which is non-replicable. Intuition is expert knowledge possessed by a forecaster. If forecast updates are progressive, forecast...

This study uses contingent valuation (CV) methods to estimate the benefit of an environmental water quality project of the Tietê River and its tributaries that flow through the São Paulo, Brazil, Metropolitan Area (SPMA). This paper demonstrates the range alternative central tendency measures...

It has been argued that existing DSGE models cannot properly account for the evolution of key macroeconomic variables during and following the recent Great Recession, and that models in which inflation depends on economic slack cannot explain the recent muted behavior of inflation, given the...