Narrow search
Showing 1 - 10 of 24
Cover Image
Estimarea cursului de schimb real de echilibru in România
Dumitru, Ionut - 2006
This paper estimates using econometric techniques the equilibrium exchange rate in Romania based on fundamentals. The cointegration technique lead to the conclusion that an increase in relative prices differential between Romania and Euro zone and an increase in net foreign assets of the banking...
Persistent link: https://www.econbiz.de/10015235971
Cover Image
Price Volatility, Expectations and Monetary Policy in Nigeria
Olumide, Ajimuda - In: Annals - Economy Series 1 (2009) May, pp. 109-140
likelihood estimator in addition to the GARCH (p, q model) to estimate the steady state model of inflation. As a measure of … volatility, the conditional standard deviation for inflation was obtained from the GARCH model. Inflation expectation was solved …
Persistent link: https://www.econbiz.de/10008459912
Cover Image
Efectul Balassa-Samuelson in Romania
Dumitru, Ionut - 2008
This paper deals with the Balassa-Samuelson effect in Romania. Using the cointegration technique, the main conclusions of the paper are that in the period 1998-2006 the average annual rate of inflation generated by the Balassa-Samuelson effect in Romania was between 0.11% in 2005 and 0.9% in...
Persistent link: https://www.econbiz.de/10015219053
Cover Image
Efecte ale volatilității cursului de schimb asupra exporturilor
Ghiba, Nicolae - 2010
This paper reviews a part of the most important literature on the impact of exchange rate volatility over exports. The first section reviews particularities and limits in the literature about the connection between the two variables, while the second part reviews the effects of exchange rate...
Persistent link: https://www.econbiz.de/10015225406
Cover Image
Impactul modificării ratei dobânzii asupra cursului de schimb în România
Ghiba, Nicolae - 2010
Connection between interest rate and foreign exchange is important because of the economic volatility of the two variables, which has an impact on several macroeconomic indicators: inflation, real income, exports and imports. This papers aims to establish a series of characteristics regarding...
Persistent link: https://www.econbiz.de/10015225409
Cover Image
Implicații ale volatilității cursului de schimb asupra schimburilor comerciale internaționale (cazul Romaniei)
Ghiba, Nicolae - 2010
This paper aims to establish particularities for the relationship between exchange rate volatility and the international trade in Romania. Currency depreciation, normally, should stimulate exports, because they become cheaper to foreign products and to discourage imports because they will spend...
Persistent link: https://www.econbiz.de/10015225411
Cover Image
Utilizarea cursurilor valutare drept ancore nominale antiinflaţioniste
Dumitriu, Ramona; Stefanescu, Razvan - 2013
In the last decades, the use of the exchange rates as nominal anchors to tie down the prices seemed to experience a decline. However, the exchange rates targeting could become a solution for some countries in dealing with the actual circumstances. In this paper we approach some key elements of...
Persistent link: https://www.econbiz.de/10015240216
Cover Image
Banking credit in the global economic and financial crisis. The situation in Romania.
Petre, BUNESCU - In: Economia. Seria Management 12 (2009) 1 Special, pp. 12-16
The paper analyses the effects of global financial crisis and presents some arguments that can contribute to mitigating the effects of economic and financial crisis, and therefore to maintaining the important role that the credit you have in supporting these efforts.
Persistent link: https://www.econbiz.de/10005002659
Cover Image
Analiza riscului în evaluarea oportunitatilor internationale de investitii. Perspective în modelarea si previzionarea volatilitatii utilizate în estimarea riscului
Matei, Marius - Institutul de Prognoza Economica, Institutul National … - 2009
empiric. Am sugerat ca pentru portofoliile formate din sute si mii de variabile, Principal Component-GARCH este modelul … potrivit de utilizat pentru previzionarea volatilitatii. Calitatile modelului PC-GARCH sunt puse în valoare din perspectiva … acestuia de minimizare a eforturilor computationale (prin transformarea modelelor multivariate GARCH în modele univariate …
Persistent link: https://www.econbiz.de/10008472196