In this article we proposed to estimate econometrically a model that intercepts determinant factors of the non-governmental credit evolution in Romania and to sustain, empirically, some well-known affirmations in the specialized literature, but also the identification of some elements which...

In this article we use a Markov Switching model with two lags to identify and to compare the business cycle in Romania, Czech Republic, Hungary and Poland using data on industrial production for the 1991-2011 period. We use a model with two regimes that reflect the economic expansions and...

In this article, we used a stochastic frontier model to estimate the cost efficiency of cooperative banks and savings banks from nine countries over the period 2005 to 2011. In addition, we analyzed the influence of certain variables that quantify the risk and performance of cooperative banks...

The present study aims at an econometric investigation oriented toward the estimation of the monetary policy dynamics in Romania, using a model based on the Autoregressive Structural Vector, imposing some restrictions on short term for knowing the response functions of the main macroeconomic...

The paper analyzes the efficiency and productivity of the most important banking system from 2006-08 and tries to address the long-term challenges posed by the global financial crisis. A non-parametric frontier analysis (DEA) is applied to estimate the relative efficiency of banks segments in...