The article presents the essence and the meaning of the fiscal rules of the budgetary policy with particular emphasis on the period of financial crisis since 2008. The author presets the fiscal rules (criteria) in the European Union and national solutions. Attention is paid to the extent and...

The article presents the essence and the meaning of the fiscal rules of the budgetary policy with particular emphasis on the period of financial crisis since 2008. The author presets the fiscal rules (criteria) in the European Union and national solutions. Attention is paid to the extent and...

Our study is inserted in the thematic area dedicated, during recent years, to the research on central banks’ response to financial crisis. The global financial crisis has outlined a series of weaknesses located at regulatory and supervisory activities’ level, causing major central banks to...

The purpose of this paper is to provide insight into the European Union's (EU) member states' exposure to labor market risks. I try to accomplish this by empirically assessing whether there is a pattern of symmetry across the EU over time, or whether particular labor market risks are...

The paper focuses, primarily, on assessing if risks associated to household sector havea significant impact on Romanian banking system’s soundness and stability, by establishing whichhousehold specific variables are the most important and have to be monitored. We have consideredseveral...

The current financial crisis has boosted the efforts of international financial institutions to strengthen collaboration in the field of banking supervision, with a particular focus on macro prudential supervision. One of the stated objectives is the creation of a warning system, in which...

The paper aims at assessing whether responsible banking behavior is a precursor and catalyst of banking profitability. Consequently, the paper will investigate the exogenous determinants of the EU sustainable banks’ profitability during the period 2006-2013. For the purpose of this study it...

The present study tackles the banking system’s productivity in a more complex manner, that integrates multiple input, multiple output variables, abdicating from the reductionist perspective of clasical methods, which imposed limits in the number of variables, in the process of productivity...

Our paper aims to provide a response to a challenge, namely quantifying the efficiency and competition in the Romanian banking system, as we have noted the absence of baseline studies on this topic. Correlated with bank profitability, the two concepts provide a full picture of the bank and...

The European Commission's proposal launched on September 12, 2012 for conferring the European Central Bank extended powers in the field of Euro zone banking supervision has become a hotly debated topic across EU member states. Until now, there is still strong resilience of the EU countries...