The Journal of Accounting and Management, Vol 6, No 2 (2016)

An Equilibrium Model for the Romanian Economy

Catalin Angelo Ioan, Gina Ioan

Abstract


The model presented in this article is an adaptation of the IS-LM model for an open economy in which both the static aspects and dynamic ones are approached. The determination of marginal main indicators of GDP and interest rates, allow to identify problems and the directions of action to achieve economic equilibrium.

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