We lay out an empirical and a theoretical model to analyze the effects of non-fundamental exchange rate volatility on … of the conditional exogenous exchange rate volatility on the conditional mean of the endogenous variables in our open … empirically. In the second part, we investigate the effect of non-fundamental exchange rate volatility in a stochastic open …

This paper estimates the factors underlying the volatility of the euro overnight interest rate and its transmission …'s operational framework for monetary policy implementation. Strong persistence is detected in all log-volatility processes and and …. the second factor explains the transmission of volatility along the money market yield curve. We find evidence that most …

Among the harmful effects of inflation, the negative consequences of inflation volatility are of particular concern … inflation volatility. Major results are robust for unconditional and conditional inflation volatility, the latter derived from …

Slovakia) and Bulgaria and Romania. …

Migration is a rather new phenomenon in Romania after 1990. The difference between in-flows and out-flows is … thinks of the economic potential of Romania. The labour market is not very attractive and the business environment is under … Romania has been mostly a transit country and not a destination country. However, there is a risk to ignore future trends and …

The aim of this paper is provide an overview of European studies in Romania try to offer some information and … between political science, international relations and European studies in Romania. This is followed by a look into the … on the development of European studies in Romania and in other accession countries. Special attention is given to think …

accession of the Republic of Bulgaria and Romania to the European Union. Attached to the Treaty is the Act of Accession and its …