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In this paper, we estimate the size and the evolution of the Romanian shadow economy in the period 1998Q1-2008Q4, using a vector error correction model. A special attention it was given to the problem of non-stationarity and cointegration. The results ind
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The recent increase in the minimum wage in Romania in early May 2016 represented a popular topic at the national level …
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The recent increase in the minimum wage in Romania in early May 2016 represented a popular topic at the national level …
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The main objective of this study is to assess the usefulness and rationality of the inflation and unemployment rate forecasts made for Romanian by three experts in forecasting: F1, F2 and F3. All the unemployment rate forecasts over the horizon 2001 - 2013 provided by all experts do not provide...
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