Anghel, Ion; Enache, Calcedonia; Merino de Lucas, Fernando - In: Journal of business economics and management 21 (2020) 3, pp. 743-759
The purpose of this study is to investigate the reaction of the insolvency rate to the various shocks in the economies of Romania and Spain through a Structural Vector Autoregressive model. Departing from quarterly data for 2008-2016, it was found that the future values of the insolvency rate...