Statistical characterization of the SME’s sector contribution to the development of the national economy involves the calculation and analysis of some adequate indicators (enterprises number, occupied population, turnover, investments volume etc.) The analysis of the model proposed in this...

Considering as starting point the theory developed by H. Markowitz in the years '50, J. Treynor (1962), W. Sharpe (1964), J. Lintner (1965) and J. Moshin (1966) have elaborated the famous model for evaluating the financial assets, CAPM. This model is utilized in order to set up the expected...

In this paper, the authors measure, with the help of a multiple regression model, the links between the value of average social insurance pension, as resultant variable, and as factorial variables, gross average salary, annual inflation ratio and the annual evolution of GDP. The model is applied...

Starting 1.04.2001, in the Romanian Public Pensions System the pension calculation method has changed. The calculation formula was modified. If until then persons who applied for pension chose a favorable calculation base in the last ten years, of which only five consecutive years were taken...

Pipelines that carry much of the world’s oil and gas snake through the depths of the Black Sea, the frigid waters of the Russian Arctic and cross some of the world’s most dangerous conflict zones. The value of these pipelines, oil and gas installations, and nuclear power plants makes them...

At European level, the European Court of Auditors, in the Special Report No. April 2011 “The audit of the SME Guarantee” and Special Report no. 2 of 2012 “Financial instruments financed by the ERDF to support SMEs”, established that where equity instruments and debt instruments, the...

The concept of conditional probability is fundamental because econometrics regression models are probabilistic. Here, we consider the conditional probabilities to a certain vector, which would be possible to define more generally to the standard deviation ?.

Based on the above, it can be concluded that the use of Value at Risk method allows a more efficient allocation of financial resources available, thus eliminating the overexposure to a single risk source. Also, the VaR model allows capital investors to properly assess their activity and position...

The author analyzes the correlation between two important macroeconomic indicators, the GDP/inhabitant and the degree of occupation of the labor force. This correlation reveals the importance of the second indicator for the evolution of the GDP. The results, achieved by using Eviews 5.1, are...

It is presented the evolution of Employment rate of work age population (aged 15-64) by gender and area, as well as statistical correlation between Gross Domestic Product/capita and Employment rate of population in Romania (during 2002-2011).