Fiscal and monetary policy effects on economic growth in Romania (1990-2020)

Autor:	Ismail AMANI, Brahim BOUYACOUB
Jazyk:	angličtina
Rok vydání:	2022
Předmět:	fiscal monetary ardl growth romania Business HF5001-6182 Economic theory. Demography HB1-3840 Economics as a science HB71-74
Zdroj:	Theoretical and Applied Economics, Vol XXIX, Iss 3, Pp 197-206 (2022)
Druh dokumentu:	article
ISSN:	1841-8678 1844-0029
Popis:	This research paper aims to assess the impact of both fiscal and monetary policy on economic growth in Romania. Hence, an empirical model elaborated and estimated by ARDL method covering a period between 1990 and 2020. Results show that fiscal policy has a significant positive impact on growth in both short and long run while monetary policy has a positive impact on economic growth only in short term. To notice a negative impact of inflation in both short and long term enhancing the role of monetary policy.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/b71645f90daf4963bf3ed4567a4ef1b6 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF