Macroeconomic Modelling Seminar

Founded in 1990 by Prof. Emilian Dobrescu

Participants: researchers from the National Institute for Economic Research (NIER) component institutes, specialists from the Institute for Mathematical Statistics, Bucharest Academy of Economic Studies, National Bank of Romania, National Institute of Statistics, Ministry of Development and Forecasting.

Object of activity:

• presentation of papers regarding the recent developments in the macroeconomic theory and modelling, and the modern econometric applications;
• informational support for the macro-model of the Romanian economy; for this purpose it has been drawn up the national economy's data base, comprising information regarding the demographic dynamics and the labour market, the GDP and its components, the foreign trade and the budgetary, monetary and price indicators;
• estimation of the Romanian economy's evolution; using the "Dobrescu Macro-model" in accordance with the latest statistical information available; monthly are drawn up predictions based on the possible options of the macroeconomic policies; the predictions concern the possible evolutions of the GDP, domestic aggregate demand, investments, foreign trade, unemployment and prices;
• organization of lectures for the Ph.D. students, in the fields of national accounting, econometrics, macroeconomic modelling.

Work programme: weekly reunions during the February - June and October - December intervals;

The results of the researches performed within the seminar are published in Romanian and English in the NIER publications and those of the "Expert" Publishing House;

 
Coordinator: Prof. Emilian Dobrescu
Scientific Secretary: Ph.D. Bianca Pauna