The importance of demand, uncertainty and monetary policy shocks from the euro area for the Romanian economy
This paper is evaluating the impact of external shocks that are affecting the Romanian economy by employing a Bayesian approach. By employing three Bayesian VAR models this paper provides an answer on the importance of external shocks using the impulse response functions, variance and historical dec...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2022-06-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1592.pdf
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