An Equilibrium Model for an Open Economy. Romania’s case

The model presented in this article is an adaptation of the IS-LM model for an openeconomy in which both the static aspects and dynamic ones are approached. Also, based on the modelbuilt, it is determined the level of potential GDP and the natural unemployment rate. Thedetermination of marginal main...

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Bibliographic Details
Main Authors: Catalin Angelo Ioan, Gina Ioan
Format: Article
Language:English
Published: Danubius University 2013-02-01
Series:Acta Universitatis Danubius: Oeconomica
Subjects:
GDP
Online Access:http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1683/1438