This paper presents a dynamic econometric model to study the impact of remittances on consumption, investment, output and imports. Multiplier effects of exogenous shocks of remittances are estimated in the short and long term, with data from six Southeast European countries. The analysis reveals...

For the modern history of the SR, the state budget data from the period of CSFR are not relevant according to the existence of two republic budgets with strong mutual relations and two-way flows. In 1996, a new budget composition based on foreign experiences was introduced. The first two parts...

Despite the fact that the macro-economic modelling of the econometric type has almost a 30-years tradition in the Slovak Republic, the econometric modelling of the more detailed money structure has no history at all. The significance of the problem with time series is held by the fact that no...