The macroeconomic effects of COVID-19 in Montenegro: a Bayesian VARX approach

Abstract This study examines, diagnoses, and assesses appropriate macroeconomic policy responses of the Montenegrin Government to the outbreak of COVID-19. The model econometrically measures the macroeconomic costs using a Bayesian VARX Litterman/Minessota prior to the pandemic disease in terms of d...

Full description

Bibliographic Details
Main Authors: Gordana Djurovic, Vasilije Djurovic, Martin M. Bojaj
Format: Article
Language:English
Published: SpringerOpen 2020-11-01
Series:Financial Innovation
Subjects:
Online Access:http://link.springer.com/article/10.1186/s40854-020-00207-z