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...

The main objective of this study is to check the existence and the stability of Phillips curve for Romania, on the horizon from 1990 to 2013. According to Phillips Perron tests, all the variables are integrated of order 1. ARDL and DOLS approaches to co-integration were used to analyse the...

The GDP forecasting is a prior concern for each country, but also for an entire region composed by more countries with specific and different evolutions of GDP. The GDP predictions for the 27 European Union are based on two econometric techniques. It was proved, using accuracy indicators like U1...

The assessment of uncertainty that characterizes the econometric model parameters is an important input for policymakers that have to establish more alternative policies to protect against persistent shocks of the economy. The objective of this useful research for policymakers is to evaluate the...

This article proposes an empirical econometric approach to improve the degree of accuracy for predictions made by Romanian experts in forecasting. Several fixed-effects models are constructed using the inflation and unemployment rate actual values and the forecasts provided by the European...

The main objective of this study is to make a comparative analysis of inflation convergence in Central-Eastern European countries (CEE countries) during the economic crisis over 2008-2013. For Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia the inflation convergence has decreased...

The main objective of this research is to analyse the beta-convergence in European Union (EU-28), showing the regional income disparities. There was a faster increase of GDP per capita in poor economies in the period from 2001 to 2012. The absolute convergence was assessed using the approach...

Economic forecasts are an essential building block for a budgetary anticipation in order to determine the budgetary objectives and to sustain the tax and expenditure plans. In Romania the surveillance process is ensured by the use of budget programs. The aim of this paper is to improve the...

This paper exposes the conceptual and jurisprudential approaches on stamp duty adjustment system, as well as the procedures regarding the whole process of calculation and collection thereof. We underline that the new adjustments of the judicial stamp duties shall apply to actions falling under...