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...

The liberalisation of capital flows makes in the Romanian economy vulnerable to the important and presumably unstable capitals.

Using generation approach we examine the genesis and mechanisms in major financial crisis and focus on the recent sub – prime crisis. We believe that in the era of increased financial globalization a reliable approach has to consider besides fundamental factors multiple equilibriums and self...

The paper presents the Version 2000 of the Romanian macromodel (elaborated by the author). For the period 2003-2010, two scenarios have been elaborated. The first, named “Desirable” incorporates the main lines of the Strategy for integration of Romania into European Union. The second...

Romanian Abstract: Lucrarea de faţă abordează tematica arbitrajului preţurilor dezvoltată de către Stephen A. Ross (1976), care porneşte de la premiza că valorile mobiliare subevaluate pot fi revândute pe o altă piaţă în ideea de a profita în urma diferenţei de preţ, această...

Investment companies are exploring the best opportunities on financial markets for financial instruments transactions in order to optimize the portfolio structure and to diversify the risk. Trading the financial derivatives is assumed to be one of the most efficient methods to increase the...

The economic crisis has stopped the Romanians consumerism momentum. The perspective of job loss, changes in exchange rate or the inflation made many people to be extremely cautious when contract a loan for fear they can not repay it. In this paper we intend a retrospective analysis of housing...