Comparing Constraints to Economic Stabilization in Macedonia and Slovakia: Macroestimates with Micronarratives

This article re-emphasizes the link from structural policies to enhanced macroeconomic stabilization using a small structural model estimated on quarterly data for Macedonia and Slovakia over 1995-2007. The success of macroeconomic stabilization, typically in the hands of monetary policy, is not onl...

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Bibliographic Details
Main Authors: Melecky, Martin, Najdov, Evgenij
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4767