PELINESCU, ELENA; CARAIANI, PETRE - In: New Trends in Modelling and Economic Forecast (MEF 2011) 1 (2012) 1, pp. 54-68
In this paper we discuss the credit policy and how it affected the macroeconomic dynamics in Romania. We estimate a regression on quarterly data in which economic growth is the dependant variable and foreign direct investments and domestic credit are the explanatory variable. We found...