Monetary Policy in a DSGE New Keyesian Model –Case Study for Romania
The paper proposes the analysis of a Basic New Keynesian model with imperfect competition in goods market and price adjustment mechanism for the macroeconomic context of Romania, as an emerging country. Given the vulnerabilities of the economy of Romania at the beginning and during the recent glo...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Danubius University
2017-02-01
|
Series: | Acta Universitatis Danubius: Oeconomica |
Subjects: | |
Online Access: | http://journals.univ-danubius.ro/index.php/oeconomica/article/view/3702/3846 |