The main goal of the present work is to reveal the advantages of introducing the so called structural coefficient (SC) into economic analysis. SC is defined as an indicator of the similarity between a given sectoral structure and another, which is admitted as a referential. Consequently, the...

The capacity of input-output tables to reflect the structural peculiarities of an economy and to forecast, on this basis, its evolution, depends essentially on the characteristics of the matrix A - matrix of I-O (or technical) coefficients. Their temporal behaviour is yet an open question. In...

This paper examines two potential positions in the debate over public budget size. Notably, the indicator used is inherently unstable, and shifting opinions regarding the public budget's size might be a psycho-social mirror of real-world volatility itself. However, this indicator may be...

The paper presents the methodology for attaching probability distribution or intervals of variation to point forecasts. This methodology might prove significant for countries that have suffered deep structural transformations in their not very distant past. For these models, stability is more...

The “core price index” is considered to be the component of headline (officially measured) price index which reflects price changes that tend to become irreversible. Being fully accommodated, the core price index does not affect the global real output on medium and long-run. Is this 'global...

The paper discusses several problems of estimating the total factor productivity used in the Romanian macroeconomic model. The author suggests some improvements of the formula adopted in the version 2005 of this macromodel

The last version of the Romanian macromodel (Dobrescu 2005b) incorporates the experience accumulated through the utilisation of its previous forms, either experimental (Dobrescu 1991-1994) or operational (Dobrescu 1996-2005a). At the same time, it introduces some methodological and informational...

The paper is organized in four chapters. The first describes the methodological framework of the investigation, insisting on defining the sectoral changes and the relative prices, as well as on their interaction (as expectations and as real processes); the theoretical considerations are...

The paper describes the version (2012) of the Romanian economic macromodel. The model has been constructed taking into account the important consequences induced by the integration of the country into the European Union and by the world crisis. Some supplementary requests of the government...