Acta Universitatis Danubius. Œconomica, Vol. 13, No. 1


  • Collective Authors


The paper proposes the analysis of a Basic New Keynesian model with imperfect
competition in goods market and price adjustment mechanism for the macroeconomic context of
Romania, as an emerging country. Given the vulnerabilities of the economy of Romania at the
beginning and during the recent global economic and financial crisis, there is an increased interest to
identify models that can explain the main features of Romania macroeconomic data and to put an eye
on shocks that are really necessary to describe the stochastic dynamic of macroeconomic variables.


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How to Cite

Collective Authors. (2021). Acta Universitatis Danubius. Œconomica, Vol. 13, No. 1: Array. Acta Universitatis Danubius. Œconomica, 13(1). Retrieved from