Monetary Policy and Unemployment:The Case of Romania  

作　　者：Anaida Iosif 

机构地区：[1]The Bucharest University of Economic Studies,Bucharest,Romania

出　　处：《Chinese Business Review》2022年第2期41-50,共10页中国经济评论（英文版）

摘　　要：The paper aims to analyze the monetary transmission model between the monetary policy and the labor market variable of unemployment.The results of the data show that,the external shocks have an important impact especially on the Romanian interest rates but also on the domestic production;however,the impact is not significant on unemployment,which proves the resilience of the domestic labor market.The central bank policy rate has a stabilizing effect on the unemployment rate in case of an increase in the euro area policy rate.

关 键 词：structural vector autoregression(SVAR) monetary policy labor force unemployment rate 

分 类 号：F42[经济管理—产业经济]