| Titlu | |
| Titlu | Economy : selected works |
| [nedefinit] | 1 |
| Titlu / Menţiuni de responsabilitate | |
| Titlu | Economy |
| Desemnarea gen. a materialului | Carte tipărită |
| Prima menţ. de resp. | editor of the economy volume of the „140th Anniversary” NBR project: Valentin Lazea |
| Alte informaţii la titlu | selected works |
| Urm. menţ. de responsabilitate | [colaboratori: Daniel Dăianu, Mihai Capaciu, Bogdan Rădulescu, ...] |
| Nume de persoană / resp. intelectuală secundară | |
| Autor secundar | Lazea, Valentin |
| Cod de legătură | prefațator |
| editor | |
| Autor secundar | Rădulescu, Bogdan |
| Cod de legătură | colaborator |
| Autor secundar | Dăianu, Daniel |
| Cod de legătură | colaborator |
| Autor secundar | Capaciu, Mihai |
| Cod de legătură | colaborator |
| ISBN | |
| Număr ISBN | 9786064413857 |
| Alt sistem de control al numerelor | |
| Cotă | 33/E15 |
| Număr (indice) CZU | |
| Număr (indice) CZU | 33(498) |
| 33(4) | |
| Alte clasificări | |
| Alte clasificări - Numărul clasei | 33 |
| Vedetă de subiect ca subiect | |
| Subiect | Economie |
| România | |
| Europa | |
| Limba resursei | |
| Limba textului | rum |
| Ţara de publicare sau producţie | |
| Ţara de publicare | Romania |
| Publicare, distribuţie | |
| Loc publicare | București |
| Editura | Curtea Veche Publishing |
| Data publicării | 2023 |
| Descriere fizică | |
| Desemnarea specifica a mat. | 344 p. |
| Alte detalii fizice | tab., graf. |
| Serii | |
| Titlul seriei | Biblioteca Băncii Naţionale a României. Serie nouă |
| Desemnarea volumului | 20 |
| Titlul seriei | Aniversar 140 |
| Notă generală | |
| Textul notei | Bibliogr. p. 341-343 |
| Anexe | |
| Notă de rezumat/abstract | |
| Abstract/Sumar | Contents 9Foreword Valentin Lazea 17RESOURCE MISALLOCATION AND STRĂIN: EXPLAINING SHOCKS IN POST-COMMAND ECONOMIES Daniel Dăianu 19ABSTRACT 19NON-TECHNICAL SUMMARY 21THE CLOSED ECONOMY CASE 25THE OPEN ECONOMY 27THE DISTRIBUTIONAL CONFLICT 30A SYM PTOM OF SYSTEM IC STRĂIN: INTER-ENTERPRISE ARREARS 32FINAL COMMENTS 34REFERENCES 36ANNEX 41POTENTIAL GDP ESTIMATION FOR ROMANIA Anca Adriana Gălăţescu, Bogdan Rădulescu, Mihai Copaciu 43INTRODUCTION 44EMPIRICAL STUDIES ESTIMATING ROMANlA'S POTENTIAL GDP 46ESTIMATING POTENTIAL GDP 53CONCLUSIONS 53REFERENCES 57APPENDIX1 59APPENDIX 2 61APPENDIX 3 63APPENDIX 4 65APPENDIX 5 71APPENDIX 6 77NOWCASTING ROMAN IAN GDP WITH THE DYNAMIC FACTOR MODEL Andrei Tănase 79ABSTRACT 79INTRODUCTION DEVELOPMENT OF COMMON FACTORS MODELS81 EMPIRICAL APPLICATION90 CONCLUSIONS102 REFERENCES103 BUSINESS CYCLE DATINC AND PROPERTIES Veaceslav Crigoraş, Irina Eusignia Stanciu105 ABSTRACT107 INTRODUCTION107 LITERATURE REVIEW107 THEORETICAL ASPECTS109 DATA111 RESULTS112 THE INTERPRETATION OF BUSINESS CVCLES THROUGH AN ECONOMETRIC MODEL119 PREDICTING RECESSIONS122 CONCLUSIONS126 REFERENCES127 APPENDIX129 ARE WE SYSTEMATICALLY WRONG WHEN ESTIMATING POTENTIAL OUTPUT AND THE NATURAL RATE OF INTEREST? Lucian Croitoru131 ABSTRACT133 INTRODUCTION133 THE EQUILIBRIUM LEVEL OVERESTIMATION HYPOTHESIS136 CHECKING THE ASSUMPTION WITH ROMANlA’S ECONOMIC DATA145 OVERESTIMATION BY REPRESENTATIVENESS, RATHER THAN UNDERESTIMATION BY ANCHORING151 ECONOMIC POLICY IMPLICATIONS155 CONCLUSIONS159 REFERENCES161 SAME RULES, DIFFERENT TIMES: BEYOND THE LETTER OF THE MAASTRICHT CRITERIA Wilhelm Salater165 ABSTRACT167 INTRODUCTION167 THE SHORTCUTTO HEAVEN168 THE PROCRUSTEAN BED172 JUST ANOTHER EXAM 175 CONCLUSIONS177 REFERENCES178 DEVELOPING A DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODEL FOR ANALYSING DOMESTIC POLICIES IN A GENERAL-EQUILIBRIUM, MULTI-COUNTRY SETUP (RO-EAGLE) Tudor Grosu181 ABSTRACT183 GENERAL MOTIVATION183 MODELLING CHOICES 184 STRUCTURE OF THE MODEL THE MODEL185 SOLUTION TECHNIQUES, CALIBRATION OF THE MODEL AND RESULTS196 BIBLIOGRAPHY204 ANNEX207 IDENTIFYING THE REAL ESTATE CYCLE: ARE HOUSING PRICES ENOUGH? Elena Banu, Irina Mihai (Racaru)215 ABSTRACT217 INTRODUCTION217 DATA AND METHODOLOGY220 RESULTS227 CONCLUSIONS233 REFERENCES234 APPENDIX A237 APPENDIX B239 APPENDIX C243 APPENDIX D246 HOW COUNTRIES’ DIFFERENT ATTITUDES TOWARDS INFLATION CAN THWART THE EUROPEAN DREAM Lucian Croitoru247 ABSTRACT249 INTRODUCTION250 252THE IMPLICIT SEQUENCE IN THE IMPOSSIBLE TRINITY PROPOSITION 258 THE IMPOSSIBLE TRINITY, THE POLITICAL TRILEMMA OF THE WORLD ECONOMY AND COUNTRIES’ ATTITUDES TOWARDS INFLATION 262THE COLD STANDARD AND THE ATTITUDES TOWARDS INFLATION 269THE BRETTON WOODS SYSTEM AND THE ATTITUDES TOWARDS INFLATION 273 THE EURO AREA AND THE MECHANISM WHEREBY IMBALANCES ARE PERPETUATED 277THE EURO AREA AND THE ILLUSION IN THE POLITICAL TRILEMMA OF THE WORLD ECONOMY 283CONCLUSION 284REFERENCES 289REVISITING EURO AREA ACCESSION TERMS: FISCAL RECTITUDE IS NOT SUFFICIENT! Daniel Dăianu 291INTRODUCTION 293THE EURO AREA: DO DEVELOPMENT GAPS MATTER? 295THE GOVERNANCE OF THE EURO AREA DOES MATTER 298DO PRODUCTION CHAINS MATTER? 302REFORM OF THE EURO AREA: DISCIPLINE IS OF THE ESSENCE, BUT RISK-SHARING IS NO LESS IMPORTANT 307SUMMING UP: CONDITIONS FOR SUCCESSFUL EURO AREA ACCESSION 309REFERENCES 314APPENDIX 317ROMANIA IN THE LOOP: AN ANALYSIS OF 155 YEARS OF BUSINESS CYCLES IN HISTORICAL PERSPECTIVE Veaceslav Crigoraş, David Orţan 319ABSTRACT 319INTRODUCTION 321LITERATURE REVIEW 323DATA AND METHODOLOGY 326RESULTS 339CONCLUSIONS 341REFERENCES 344APPENDIX |
33/E15
Economy : selected works / editor of the economy volume of the „140th Anniversary” NBR project: Valentin Lazea ; [colaboratori: Daniel Dăianu, Mihai Capaciu, Bogdan Rădulescu, ...].- București : Curtea Veche Publishing , 2023.
344 p. : tab., graf..- (Biblioteca Băncii Naţionale a României. Serie nouăAniversar 140 ; 20).
Bibliogr. p. 341-343
Anexe
Contents 9Foreword Valentin Lazea 17RESOURCE MISALLOCATION AND STRĂIN: EXPLAINING SHOCKS IN POST-COMMAND ECONOMIES Daniel Dăianu 19ABSTRACT 19NON-TECHNICAL SUMMARY 21THE CLOSED ECONOMY CASE 25THE OPEN ECONOMY 27THE DISTRIBUTIONAL CONFLICT 30A SYM PTOM OF SYSTEM IC STRĂIN: INTER-ENTERPRISE ARREARS 32FINAL COMMENTS 34REFERENCES 36ANNEX 41POTENTIAL GDP ESTIMATION FOR ROMANIA Anca Adriana Gălăţescu, Bogdan Rădulescu, Mihai Copaciu 43INTRODUCTION 44EMPIRICAL STUDIES ESTIMATING ROMANlA'S POTENTIAL GDP 46ESTIMATING POTENTIAL GDP 53CONCLUSIONS 53REFERENCES 57APPENDIX1 59APPENDIX 2 61APPENDIX 3 63APPENDIX 4 65APPENDIX 5 71APPENDIX 6 77NOWCASTING ROMAN IAN GDP WITH THE DYNAMIC FACTOR MODEL Andrei Tănase 79ABSTRACT 79INTRODUCTION DEVELOPMENT OF COMMON FACTORS MODELS81 EMPIRICAL APPLICATION90 CONCLUSIONS102 REFERENCES103 BUSINESS CYCLE DATINC AND PROPERTIES Veaceslav Crigoraş, Irina Eusignia Stanciu105 ABSTRACT107 INTRODUCTION107 LITERATURE REVIEW107 THEORETICAL ASPECTS109 DATA111 RESULTS112 THE INTERPRETATION OF BUSINESS CVCLES THROUGH AN ECONOMETRIC MODEL119 PREDICTING RECESSIONS122 CONCLUSIONS126 REFERENCES127 APPENDIX129 ARE WE SYSTEMATICALLY WRONG WHEN ESTIMATING POTENTIAL OUTPUT AND THE NATURAL RATE OF INTEREST? Lucian Croitoru131 ABSTRACT133 INTRODUCTION133 THE EQUILIBRIUM LEVEL OVERESTIMATION HYPOTHESIS136 CHECKING THE ASSUMPTION WITH ROMANlA’S ECONOMIC DATA145 OVERESTIMATION BY REPRESENTATIVENESS, RATHER THAN UNDERESTIMATION BY ANCHORING151 ECONOMIC POLICY IMPLICATIONS155 CONCLUSIONS159 REFERENCES161 SAME RULES, DIFFERENT TIMES: BEYOND THE LETTER OF THE MAASTRICHT CRITERIA Wilhelm Salater165 ABSTRACT167 INTRODUCTION167 THE SHORTCUTTO HEAVEN168 THE PROCRUSTEAN BED172 JUST ANOTHER EXAM 175 CONCLUSIONS177 REFERENCES178 DEVELOPING A DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODEL FOR ANALYSING DOMESTIC POLICIES IN A GENERAL-EQUILIBRIUM, MULTI-COUNTRY SETUP (RO-EAGLE) Tudor Grosu181 ABSTRACT183 GENERAL MOTIVATION183 MODELLING CHOICES 184 STRUCTURE OF THE MODEL THE MODEL185 SOLUTION TECHNIQUES, CALIBRATION OF THE MODEL AND RESULTS196 BIBLIOGRAPHY204 ANNEX207 IDENTIFYING THE REAL ESTATE CYCLE: ARE HOUSING PRICES ENOUGH? Elena Banu, Irina Mihai (Racaru)215 ABSTRACT217 INTRODUCTION217 DATA AND METHODOLOGY220 RESULTS227 CONCLUSIONS233 REFERENCES234 APPENDIX A237 APPENDIX B239 APPENDIX C243 APPENDIX D246 HOW COUNTRIES’ DIFFERENT ATTITUDES TOWARDS INFLATION CAN THWART THE EUROPEAN DREAM Lucian Croitoru247 ABSTRACT249 INTRODUCTION250 252THE IMPLICIT SEQUENCE IN THE IMPOSSIBLE TRINITY PROPOSITION 258 THE IMPOSSIBLE TRINITY, THE POLITICAL TRILEMMA OF THE WORLD ECONOMY AND COUNTRIES’ ATTITUDES TOWARDS INFLATION 262THE COLD STANDARD AND THE ATTITUDES TOWARDS INFLATION 269THE BRETTON WOODS SYSTEM AND THE ATTITUDES TOWARDS INFLATION 273 THE EURO AREA AND THE MECHANISM WHEREBY IMBALANCES ARE PERPETUATED 277THE EURO AREA AND THE ILLUSION IN THE POLITICAL TRILEMMA OF THE WORLD ECONOMY 283CONCLUSION 284REFERENCES 289REVISITING EURO AREA ACCESSION TERMS: FISCAL RECTITUDE IS NOT SUFFICIENT! Daniel Dăianu 291INTRODUCTION 293THE EURO AREA: DO DEVELOPMENT GAPS MATTER? 295THE GOVERNANCE OF THE EURO AREA DOES MATTER 298DO PRODUCTION CHAINS MATTER? 302REFORM OF THE EURO AREA: DISCIPLINE IS OF THE ESSENCE, BUT RISK-SHARING IS NO LESS IMPORTANT 307SUMMING UP: CONDITIONS FOR SUCCESSFUL EURO AREA ACCESSION 309REFERENCES 314APPENDIX 317ROMANIA IN THE LOOP: AN ANALYSIS OF 155 YEARS OF BUSINESS CYCLES IN HISTORICAL PERSPECTIVE Veaceslav Crigoraş, David Orţan 319ABSTRACT 319INTRODUCTION 321LITERATURE REVIEW 323DATA AND METHODOLOGY 326RESULTS 339CONCLUSIONS 341REFERENCES 344APPENDIX.
ISBN 9786064413857
I Lazea, Valentin(editor)
II Rădulescu, Bogdan(colaborator)
III Dăianu, Daniel(colaborator)
IV Capaciu, Mihai(colaborator)
1. Economie
2. România
3. Europa
33(498)
33(4)
299
__
$aEconomy : selected works
955 __ $a1
200 __ $aEconomy $bCarte tipărită $feditor of the economy volume of the „140th Anniversary” NBR project: Valentin Lazea $eselected works $g[colaboratori: Daniel Dăianu, Mihai Capaciu, Bogdan Rădulescu, ...]
702 __ $aLazea, Valentin $4prefațator $4editor
702 __ $aRădulescu, Bogdan $4colaborator
702 __ $aDăianu, Daniel $4colaborator
702 __ $aCapaciu, Mihai $4colaborator
010 __ $a9786064413857
035 __ $a33/E15
675 __ $a33(498)
675 __ $a33(4)
686 __ $a33
606 __ $aEconomie
606 __ $aRomânia
606 __ $aEuropa
101 __ $arum
102 __ $aRomania
210 __ $aBucurești $cCurtea Veche Publishing $d2023
215 __ $a344 p. $ctab., graf.
225 __ $aBiblioteca Băncii Naţionale a României. Serie nouă $v20
225 __ $aAniversar 140
300 __ $aBibliogr. p. 341-343
300 __ $aAnexe
330 __ $aContents 9Foreword Valentin Lazea 17RESOURCE MISALLOCATION AND STRĂIN: EXPLAINING SHOCKS IN POST-COMMAND ECONOMIES Daniel Dăianu 19ABSTRACT 19NON-TECHNICAL SUMMARY 21THE CLOSED ECONOMY CASE 25THE OPEN ECONOMY 27THE DISTRIBUTIONAL CONFLICT 30A SYM PTOM OF SYSTEM IC STRĂIN: INTER-ENTERPRISE ARREARS 32FINAL COMMENTS 34REFERENCES 36ANNEX 41POTENTIAL GDP ESTIMATION FOR ROMANIA Anca Adriana Gălăţescu, Bogdan Rădulescu, Mihai Copaciu 43INTRODUCTION 44EMPIRICAL STUDIES ESTIMATING ROMANlA'S POTENTIAL GDP 46ESTIMATING POTENTIAL GDP 53CONCLUSIONS 53REFERENCES 57APPENDIX1 59APPENDIX 2 61APPENDIX 3 63APPENDIX 4 65APPENDIX 5 71APPENDIX 6 77NOWCASTING ROMAN IAN GDP WITH THE DYNAMIC FACTOR MODEL Andrei Tănase 79ABSTRACT 79INTRODUCTION DEVELOPMENT OF COMMON FACTORS MODELS81 EMPIRICAL APPLICATION90 CONCLUSIONS102 REFERENCES103 BUSINESS CYCLE DATINC AND PROPERTIES Veaceslav Crigoraş, Irina Eusignia Stanciu105 ABSTRACT107 INTRODUCTION107 LITERATURE REVIEW107 THEORETICAL ASPECTS109 DATA111 RESULTS112 THE INTERPRETATION OF BUSINESS CVCLES THROUGH AN ECONOMETRIC MODEL119 PREDICTING RECESSIONS122 CONCLUSIONS126 REFERENCES127 APPENDIX129 ARE WE SYSTEMATICALLY WRONG WHEN ESTIMATING POTENTIAL OUTPUT AND THE NATURAL RATE OF INTEREST? Lucian Croitoru131 ABSTRACT133 INTRODUCTION133 THE EQUILIBRIUM LEVEL OVERESTIMATION HYPOTHESIS136 CHECKING THE ASSUMPTION WITH ROMANlA’S ECONOMIC DATA145 OVERESTIMATION BY REPRESENTATIVENESS, RATHER THAN UNDERESTIMATION BY ANCHORING151 ECONOMIC POLICY IMPLICATIONS155 CONCLUSIONS159 REFERENCES161 SAME RULES, DIFFERENT TIMES: BEYOND THE LETTER OF THE MAASTRICHT CRITERIA Wilhelm Salater165 ABSTRACT167 INTRODUCTION167 THE SHORTCUTTO HEAVEN168 THE PROCRUSTEAN BED172 JUST ANOTHER EXAM 175 CONCLUSIONS177 REFERENCES178 DEVELOPING A DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODEL FOR ANALYSING DOMESTIC POLICIES IN A GENERAL-EQUILIBRIUM, MULTI-COUNTRY SETUP (RO-EAGLE) Tudor Grosu181 ABSTRACT183 GENERAL MOTIVATION183 MODELLING CHOICES 184 STRUCTURE OF THE MODEL THE MODEL185 SOLUTION TECHNIQUES, CALIBRATION OF THE MODEL AND RESULTS196 BIBLIOGRAPHY204 ANNEX207 IDENTIFYING THE REAL ESTATE CYCLE: ARE HOUSING PRICES ENOUGH? Elena Banu, Irina Mihai (Racaru)215 ABSTRACT217 INTRODUCTION217 DATA AND METHODOLOGY220 RESULTS227 CONCLUSIONS233 REFERENCES234 APPENDIX A237 APPENDIX B239 APPENDIX C243 APPENDIX D246 HOW COUNTRIES’ DIFFERENT ATTITUDES TOWARDS INFLATION CAN THWART THE EUROPEAN DREAM Lucian Croitoru247 ABSTRACT249 INTRODUCTION250 252THE IMPLICIT SEQUENCE IN THE IMPOSSIBLE TRINITY PROPOSITION 258 THE IMPOSSIBLE TRINITY, THE POLITICAL TRILEMMA OF THE WORLD ECONOMY AND COUNTRIES’ ATTITUDES TOWARDS INFLATION 262THE COLD STANDARD AND THE ATTITUDES TOWARDS INFLATION 269THE BRETTON WOODS SYSTEM AND THE ATTITUDES TOWARDS INFLATION 273 THE EURO AREA AND THE MECHANISM WHEREBY IMBALANCES ARE PERPETUATED 277THE EURO AREA AND THE ILLUSION IN THE POLITICAL TRILEMMA OF THE WORLD ECONOMY 283CONCLUSION 284REFERENCES 289REVISITING EURO AREA ACCESSION TERMS: FISCAL RECTITUDE IS NOT SUFFICIENT! Daniel Dăianu 291INTRODUCTION 293THE EURO AREA: DO DEVELOPMENT GAPS MATTER? 295THE GOVERNANCE OF THE EURO AREA DOES MATTER 298DO PRODUCTION CHAINS MATTER? 302REFORM OF THE EURO AREA: DISCIPLINE IS OF THE ESSENCE, BUT RISK-SHARING IS NO LESS IMPORTANT 307SUMMING UP: CONDITIONS FOR SUCCESSFUL EURO AREA ACCESSION 309REFERENCES 314APPENDIX 317ROMANIA IN THE LOOP: AN ANALYSIS OF 155 YEARS OF BUSINESS CYCLES IN HISTORICAL PERSPECTIVE Veaceslav Crigoraş, David Orţan 319ABSTRACT 319INTRODUCTION 321LITERATURE REVIEW 323DATA AND METHODOLOGY 326RESULTS 339CONCLUSIONS 341REFERENCES 344APPENDIX
955 __ $a1
200 __ $aEconomy $bCarte tipărită $feditor of the economy volume of the „140th Anniversary” NBR project: Valentin Lazea $eselected works $g[colaboratori: Daniel Dăianu, Mihai Capaciu, Bogdan Rădulescu, ...]
702 __ $aLazea, Valentin $4prefațator $4editor
702 __ $aRădulescu, Bogdan $4colaborator
702 __ $aDăianu, Daniel $4colaborator
702 __ $aCapaciu, Mihai $4colaborator
010 __ $a9786064413857
035 __ $a33/E15
675 __ $a33(498)
675 __ $a33(4)
686 __ $a33
606 __ $aEconomie
606 __ $aRomânia
606 __ $aEuropa
101 __ $arum
102 __ $aRomania
210 __ $aBucurești $cCurtea Veche Publishing $d2023
215 __ $a344 p. $ctab., graf.
225 __ $aBiblioteca Băncii Naţionale a României. Serie nouă $v20
225 __ $aAniversar 140
300 __ $aBibliogr. p. 341-343
300 __ $aAnexe
330 __ $aContents 9Foreword Valentin Lazea 17RESOURCE MISALLOCATION AND STRĂIN: EXPLAINING SHOCKS IN POST-COMMAND ECONOMIES Daniel Dăianu 19ABSTRACT 19NON-TECHNICAL SUMMARY 21THE CLOSED ECONOMY CASE 25THE OPEN ECONOMY 27THE DISTRIBUTIONAL CONFLICT 30A SYM PTOM OF SYSTEM IC STRĂIN: INTER-ENTERPRISE ARREARS 32FINAL COMMENTS 34REFERENCES 36ANNEX 41POTENTIAL GDP ESTIMATION FOR ROMANIA Anca Adriana Gălăţescu, Bogdan Rădulescu, Mihai Copaciu 43INTRODUCTION 44EMPIRICAL STUDIES ESTIMATING ROMANlA'S POTENTIAL GDP 46ESTIMATING POTENTIAL GDP 53CONCLUSIONS 53REFERENCES 57APPENDIX1 59APPENDIX 2 61APPENDIX 3 63APPENDIX 4 65APPENDIX 5 71APPENDIX 6 77NOWCASTING ROMAN IAN GDP WITH THE DYNAMIC FACTOR MODEL Andrei Tănase 79ABSTRACT 79INTRODUCTION DEVELOPMENT OF COMMON FACTORS MODELS81 EMPIRICAL APPLICATION90 CONCLUSIONS102 REFERENCES103 BUSINESS CYCLE DATINC AND PROPERTIES Veaceslav Crigoraş, Irina Eusignia Stanciu105 ABSTRACT107 INTRODUCTION107 LITERATURE REVIEW107 THEORETICAL ASPECTS109 DATA111 RESULTS112 THE INTERPRETATION OF BUSINESS CVCLES THROUGH AN ECONOMETRIC MODEL119 PREDICTING RECESSIONS122 CONCLUSIONS126 REFERENCES127 APPENDIX129 ARE WE SYSTEMATICALLY WRONG WHEN ESTIMATING POTENTIAL OUTPUT AND THE NATURAL RATE OF INTEREST? Lucian Croitoru131 ABSTRACT133 INTRODUCTION133 THE EQUILIBRIUM LEVEL OVERESTIMATION HYPOTHESIS136 CHECKING THE ASSUMPTION WITH ROMANlA’S ECONOMIC DATA145 OVERESTIMATION BY REPRESENTATIVENESS, RATHER THAN UNDERESTIMATION BY ANCHORING151 ECONOMIC POLICY IMPLICATIONS155 CONCLUSIONS159 REFERENCES161 SAME RULES, DIFFERENT TIMES: BEYOND THE LETTER OF THE MAASTRICHT CRITERIA Wilhelm Salater165 ABSTRACT167 INTRODUCTION167 THE SHORTCUTTO HEAVEN168 THE PROCRUSTEAN BED172 JUST ANOTHER EXAM 175 CONCLUSIONS177 REFERENCES178 DEVELOPING A DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODEL FOR ANALYSING DOMESTIC POLICIES IN A GENERAL-EQUILIBRIUM, MULTI-COUNTRY SETUP (RO-EAGLE) Tudor Grosu181 ABSTRACT183 GENERAL MOTIVATION183 MODELLING CHOICES 184 STRUCTURE OF THE MODEL THE MODEL185 SOLUTION TECHNIQUES, CALIBRATION OF THE MODEL AND RESULTS196 BIBLIOGRAPHY204 ANNEX207 IDENTIFYING THE REAL ESTATE CYCLE: ARE HOUSING PRICES ENOUGH? Elena Banu, Irina Mihai (Racaru)215 ABSTRACT217 INTRODUCTION217 DATA AND METHODOLOGY220 RESULTS227 CONCLUSIONS233 REFERENCES234 APPENDIX A237 APPENDIX B239 APPENDIX C243 APPENDIX D246 HOW COUNTRIES’ DIFFERENT ATTITUDES TOWARDS INFLATION CAN THWART THE EUROPEAN DREAM Lucian Croitoru247 ABSTRACT249 INTRODUCTION250 252THE IMPLICIT SEQUENCE IN THE IMPOSSIBLE TRINITY PROPOSITION 258 THE IMPOSSIBLE TRINITY, THE POLITICAL TRILEMMA OF THE WORLD ECONOMY AND COUNTRIES’ ATTITUDES TOWARDS INFLATION 262THE COLD STANDARD AND THE ATTITUDES TOWARDS INFLATION 269THE BRETTON WOODS SYSTEM AND THE ATTITUDES TOWARDS INFLATION 273 THE EURO AREA AND THE MECHANISM WHEREBY IMBALANCES ARE PERPETUATED 277THE EURO AREA AND THE ILLUSION IN THE POLITICAL TRILEMMA OF THE WORLD ECONOMY 283CONCLUSION 284REFERENCES 289REVISITING EURO AREA ACCESSION TERMS: FISCAL RECTITUDE IS NOT SUFFICIENT! Daniel Dăianu 291INTRODUCTION 293THE EURO AREA: DO DEVELOPMENT GAPS MATTER? 295THE GOVERNANCE OF THE EURO AREA DOES MATTER 298DO PRODUCTION CHAINS MATTER? 302REFORM OF THE EURO AREA: DISCIPLINE IS OF THE ESSENCE, BUT RISK-SHARING IS NO LESS IMPORTANT 307SUMMING UP: CONDITIONS FOR SUCCESSFUL EURO AREA ACCESSION 309REFERENCES 314APPENDIX 317ROMANIA IN THE LOOP: AN ANALYSIS OF 155 YEARS OF BUSINESS CYCLES IN HISTORICAL PERSPECTIVE Veaceslav Crigoraş, David Orţan 319ABSTRACT 319INTRODUCTION 321LITERATURE REVIEW 323DATA AND METHODOLOGY 326RESULTS 339CONCLUSIONS 341REFERENCES 344APPENDIX
| Barcode/Nr. Inventar | Număr/Ediție | Localizare | Regim resursa | Disponibil | Cota | |
|---|---|---|---|---|---|---|
| 1. | 594831 / 594831 | CS | Împrumut | Da | 33 |
| Gestiune | Regim imprumut | Ex. | Acțiune |
|---|---|---|---|
| CS | Împrumut | 1 |
|
