Hsing, Yu - In: Economia Internazionale / International Economics 58 (2005) 2, pp. 167-177
This article extends the IS-MP-IA model (Romer, 2000) and applies the GARCH process (Engle, 1982, 2001) to study output variations in Slovenia. Equilibrium GDP in Slovenia is found to have a positive relationship with real depreciation and the world output and a negative relationship with the...