EFFECTIVENESS OF MONETARY POLICY IN ROMANIA
The efficiency of monetary policy at macroeconomic level presupposes the study of Taylor's relationship: the change in the interest rate leads to changes in the current and estimated inflation rate as well as in actual and potential GDP. This article studies the effectiveness of monetary policy...
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| Format: | Article |
| Language: | English |
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Technopress
2017-06-01
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| Series: | Journal of Public Administration, Finance and Law |
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| Online Access: | http://www.jopafl.com/uploads/issue11/EFFECTIVENESS_OF_MONETARY_POLICY_IN_ROMANIA.pdf |