E3 - Prices, Business Fluctuations, and Cycles

One of the main lessons learned after the economic crisis of 2009 has been the need to improve the Government capacities to anticipate, prevent and adequately manage the potential negative trends in the national economy.…
The purpose of this analysis is to simulate, with a Structural Vector Auto Regressive (SVAR) Model, the impact of monetary policy decisions of the National Bank of Moldova, the main factors which affect their efficiency,…

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