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Does supply or demand drive the credit cycle? : evidence from Central, Eastern, and Southeastern Europe
Everaert, Greetje; Che, Natasha; Geng, Nan; Gruss, Bertrand - 2015
Persistent link: https://www.econbiz.de/10011282730
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Managing large-scale capital inflows : the case of the Czech Republic, Poland and Romania
Chowdhury, Ibrahim; Keller, Leonor - 2012
onset of the 2008 global financial crisis - the Czech Republic, Poland, and Romania. It finds that the evaluation …
Persistent link: https://www.econbiz.de/10009615786
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Debt service and default : calibrating macroprudential policy using micro data
Nier, Erlend W.; Popa, Radu; Shamloo, Maral; Voinea, Liviu - 2019
cap on the debt-service-to-income (DSTI) ratio, in order to reduce the probability of borrower defaults in Romania. The … recent regulation adopted by the National Bank of Romania, limiting the household DSTI at origination to 40 percent for new …
Persistent link: https://www.econbiz.de/10012103621
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Household credit, global financial cycle, and macroprudential policies : credit register evidence from an emerging country
Epure, Mircea; Mihai, Irina; Minoiu, Camelia; Peydró, … - 2017
in Romania, a small open economy subject to external shocks, and the period 2004-2012, which covers a full boom …
Persistent link: https://www.econbiz.de/10011799309
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Too Much of a Good Thing? Credit Booms in Transition Economies : The Cases of Bulgaria, Romania, and Ukraine
Duenwald, Christoph - 2005
Rapid credit growth in Bulgaria, Romania, and Ukraine has been driven by successful macroeconomic stabilization, robust … been excessive, as evidenced by widening current account deficits in Bulgaria and Romania, and prudential concerns in …
Persistent link: https://www.econbiz.de/10014400734
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Managing Large-Scale Capital Inflows : The Case of the Czech Republic, Poland and Romania
Keller, Leonor - 2012
onset of the 2008 global financial crisis - the Czech Republic, Poland, and Romania. It finds that the evaluation of the …
Persistent link: https://www.econbiz.de/10014396546
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The Efficiency of VAT Implementation : A Comparative Study of Central and Eastern European Countries in Transition
Jack, William - 1996
This paper presents calculations of the efficiency with which value-added taxes are collected in five transition economies in Central and Eastern Europe. Actual VAT revenues in 1994 are compared with those that would have resulted if the statutory VAT rates had been applied without any revenue...
Persistent link: https://www.econbiz.de/10014395799
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Macroeconomic Implications of the Transition to Inflation Targeting and Capital Account Liberalization in Romania
Gueorguiev, Nikolay - 2004
In the near future, Romania will introduce inflation targeting and fully liberalize its capital account. This paper …
Persistent link: https://www.econbiz.de/10014401502
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Exchange Rate Pass-Through in Romania
Gueorguiev, Nikolay - 2003
decisions in Romania. Using a recursive VAR model, this paper finds that (i) the pass-through is large and relatively fast …
Persistent link: https://www.econbiz.de/10014403851
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Interest Rate Pass-Through in Romania and Other Central European Economies
Tieman, Alexander F. - 2004
lesser role in Romania than in other Central European transition economies. This paper tests this hypothesis and concludes … that it cannot be supported by the data. Hence pass-through in Romania is concluded to be in line with that in comparable …
Persistent link: https://www.econbiz.de/10014404153