Bratu, Mihaela; Balcerzak, Adam P.; Bilan, Yuriy; … - In: Journal of business economics and management 19 (2018) 1, pp. 20-41
monetary variables in two countries: Romania and Czech Republic over the period of 1995:Q1 - 2015:Q4. The choice of these … currently classified as middle or even developed country, whereas Romania is still considered as a developing economy. Thus … research the vector error correction models (VECM) were applied. The main findings of the article are the following: in Romania …