Pregled bibliografske jedinice broj: 1054332
Joint dynamics of Monetization, Financial Development, Public Debt and Unemployment in Croatia - Contemporary approach
Joint dynamics of Monetization, Financial Development, Public Debt and Unemployment in Croatia - Contemporary approach // 2nd International Conference "Economic Integration: Theory, Cooperation and Perspectives"
Zagreb, Hrvatska, 2019. (predavanje, međunarodna recenzija, neobjavljeni rad, znanstveni)
CROSBI ID: 1054332 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Joint dynamics of Monetization, Financial Development, Public Debt and Unemployment in Croatia - Contemporary approach
Autori
Brlečić Valčić, Sonja ; Samodol, Ante ; Valčić, Marko
Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, neobjavljeni rad, znanstveni
Skup
2nd International Conference "Economic Integration: Theory, Cooperation and Perspectives"
Mjesto i datum
Zagreb, Hrvatska, 17.10.2019. - 18.10.2019
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
monetization of economy, financial development, structural problems of unemployment, ANFIS
Sažetak
Abstract The modern concepts of contemplating joint dynamics of monetary policy effects on economic growth and its indicators require an indirect approach based on empirical research of mainly financial infrastructure, competitiveness of the financial markets and current economic conditions. Meanwhile, the problems of unemployment and the structure of employment within these concepts are most frequently tied with the polarization of the labor market in two important segments, that is, the effects of growth on unemployment and the fact that technological changes affect the changes in salary ranges. Using the set of data from 1995 to 2016 this paper analyzes these issues through a prism of established balances between the labor and financial markets, i.e. the monetization of economy (M1/GDP), financial development (Loans/GDP) and the share of gross government debt in GDP (government gross debt/GDP). By using the Adaptive Neuro-Fuzzy Inference System (ANFIS), the proposed model suggests that the rate of unemployment is conditioned by the financial cycle and monetary policy (M1/GDP, Loans/GDP), as well as the business cycle and fiscal policy (gross d/BDP) and that a controlled and properly directed level of monetization of economy (M1/BDP) and financial development measured as Loans/GDP can be "sufficient" for economic growth.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija, Informacijske i komunikacijske znanosti
POVEZANOST RADA
Ustanove:
Tehnički fakultet, Rijeka,
Sveučilište Libertas
