This paper aims to explore the forecasting accuracy of RON/USD exchange rate structural models with monetary fundamentals. I used robust regression approach for constructing robust neural models less sensitive to contamination with outliers and I studied its predictability on 1 to 6-month...

The objective of this paper is an analysis of the evolution of foreign direct investment and foreign trade in Romania, and also, of their influences on the Romanian economic growth. The current situation of the foreign direct investment in Romania and of foreign trade is analyzed in the...

This paper aims to explore the nonlinear relation between investments and GDP. The method of neural network is used to construct two nonlinear models of GDP in relation to domestic investments, foreign direct investments and real interest rate. The results show that the two neural models present...

Starting from the basic relationship among investment, GDP and the active interest rate estimated as long-term tendency, several short-term dynamics equation are built for revealing the impact of different factors: cost of capital, foreign direct investments, labor (unemployment rate, real net...

In order to reveal the corporate finance characteristics, we conduct a panel data study on companies located in five countries within the CEE area (the Czech Republic, Hungary, Poland, Romania and Slovakia). We identify common features in terms of capital structure and financial indicators...

This paper focuses on the Romania’s case in the (former) Central and Eastern European (CEE) region3, as for foreign direct investments (FDI). The flows, stocks (the longer the analyzed period, the less significant the current FDI inflows, unlike the cumulated stocks that become a significant...

The paper identifies several econometric models of Foreign Direct Investment focused on the country risk, which can also signal other macroeconomic indicators in Romania after 1996, according to World Bank and major rating agencies. The introduction presents the oscillation between micro- and...

Since December ’89 and until today the Romanians have kept waiting for foreign investors to come with money, and to give an impulse to the Romanian economy. However, according to the data existing at the National Office of Trade Register, in these 14 years Romania did not manage to attract as...

The dynamics of employment in final services depends on a set of economic, social and cultural factors. On the other hand, the increase in the population incomes (and the influence of some national factors) leads to an increase in the demand for services. However, the relatively poor...

This study focuses on the implications of current account deficit upon the external debt increase in Romania, revealing higher risks for the sustainability of its international financial position. Considering the trade deficit as a main cause of current account balance deterioration, several...