MONETARY AND FISCAL POLICIES INTERACTIONS IN ROMANIA. A BAYESIAN APPROACH

被引:0
|
作者
Boiciue, Ioana [1 ]
机构
[1] Bucharest Univ Econ Studies, Bucharest, Romania
关键词
fiscal policy; monetary policy; Bayesian estimation;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This study uses a New Keynesian model of a small open economy, augmented with fiscal policy rules, to assess the interactions between monetary and fiscal policies for the Romanian economy. The model is estimated using Bayesian techniques. The estimation is done on quarterly data using samples for output, inflation, interest rate, government expenditure and government revenues, over the period of 2000q1-2013q3.
引用
收藏
页码:487 / 493
页数:7
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