Analysis of Equilibrium at the Euro Area Level from a New Model Perspective

Expert Journal of Economics

Alin OPREANA¹ 

[1] Lucian Blaga University of Sibiu;

关键词: equilibrium;    gross domestic product;    interest rate;    Euro Area;   

DOI  :  

来源: DOAJ

【 摘 要 】

This paper aims to address issues related to equilibrium at the Euro Area. Research methodology implies a wide range of methods and techniques that are used to analyze macroeconomic phenomena and processes at the Euro Area. Following the empirical analyses, namely exploratory factor analysis and structural equation modeling procedure, we propose a model of equilibrium in the Euro zone, an area characterized by the existence of market with turbulence and search frictions. Using this econometric modeling technique, we test and estimate causal relationships that combines a series of empirical data and quantitative causal hypotheses.

【 授权许可】

Unknown