In this paper we classify competitive markets using a new form of normalized Herfindahl index and the degree of dominance of the leader. For this purpose we use the notion of copula, which connects two or more random variables with given marginals. The parameters of the two marginals (which are...

In 2005, the revised Lisbon Strategy decided upon an integrated program of policy reforms envisaging the labor market in the context of globalization, demographic changes and fast technological progress, transposed into integrated guidelines. Such reforms aimed at increasing the employment...

Macroeconomic forecasting started around the Second World War as a way to test economic theories, but it also has a number of very concrete uses, playing an increasing role as an input in decision-making. The first macroeconomic models were produced by two famous economists, Tinbergen in 1939...

The analytical approach is conducted at the macroeconomic level and the problems that are discussed here come under the impact of the fiscal policy and the tax level on the macro stabilizing programs, the way it is approached in the literature and some of these models are presented here. In...

Lawrence Robert Klein played a fundamental role in the genesis and development of econometric applications and forecasting. The work dedicated to forecasting earned him the 1980 Nobel Prize in Economic Sciences "for the creation of econometric models and their application to the analysis of...

A main problem for macroeconomic studies continues to be the estimation of capital stock and some derived indicators like coefficient of capital, depreciation rate, etc. In this way we are proposing a simple and intuitively model in order to estimate such basic macroeconomic indicators but...

Coming from lessons done by standard economic growth theories and empirical evidences, we are considering the convergence in the level of income per capita as a result of structural changes in economy. Based on some our old studies, we investigate the differences among countries in EU in terms...

The revised Lisbon Strategy has decided upon an integrated programme of policy reforms envisaging the labor market in the context of globalization, demographic changes and fast technological progress, transposed into the integrated guidelines. Such reforms aimed at increasing the employment...

At present, there is not an unique indicator to evaluate the converge process. Varying with the assumptions and methodologies considered, with the indicators used and with the periods analysed, the results of the studies on convergence in the European Union are often ambiguous. Some of them...

Drawing on the existing theory, in this paper we analytically evaluate the limitvalues of certain important parameters involved in models used to estimate the size of the informal economy and to explain its workings. We develop a model which combines the level of income and the tax rate as the...