Pregled bibliografske jedinice broj: 139876
Macroeconomic Granger-Causal Dynamics in Croatia: Evidence Based on a Vector Error-Correction Modelling Analysis
Macroeconomic Granger-Causal Dynamics in Croatia: Evidence Based on a Vector Error-Correction Modelling Analysis // Ekonomski pregled : mjesečnik Hrvatskog društva ekonomista Zagreb, 54 (2003), 1-2; 139-156 (podatak o recenziji nije dostupan, članak, znanstveni)
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Naslov
Macroeconomic Granger-Causal Dynamics in Croatia: Evidence Based on a Vector Error-Correction Modelling Analysis
Autori
Erjavec, Nataša ; Cota, Boris
Izvornik
Ekonomski pregled : mjesečnik Hrvatskog društva ekonomista Zagreb (0424-7558) 54
(2003), 1-2;
139-156
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
money; output; interest rate; prices; granger causality; vector autoregression; variance decomposition; impulse response function
Sažetak
The main task is investigation the causal relationship between money and other macroeconomic variabales such as output, prices, interest rate and exchange rate in Croatia. The empirical results show that money supply cannot be independent stimulus to the economic activity in the short run in Croatia. The vector error correction model indicates that in the short-run variables interest rate and exchange rate stand out econometrically exogenous. In the empirical period these veriables were relatively the leading variables. They were initial receptors of exogenous shocks to the long run equilibrium.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
Citiraj ovu publikaciju:
Časopis indeksira:
- Scopus
- EconLit
Uključenost u ostale bibliografske baze podataka::
- International Bibliography of the Social Sciences (IBSS)
