Arbeitspapier

Financial-monetary instability factors within the framework of the recent crisis in Romania

The paper starts from the premise of the organic integration of the financialmonetary components, with their corresponding interrelations, within the macroeconomic system and from their role in ensuring the normal operation of the entire system. In this respect, it is invoked the impact of some financial-monetary components' functioning, with possible malfunctions reflected on the economic stability, and specific factors that determine financialmonetary instability. The development of research focuses on the analysis of some relevant manifestations of financial-monetary instability, marked by major imbalances expressed themselves, synthetically, through high variations of some specific indicators: inflation rate, bank loans interest rate, foreign exchange rate, etc. In this framework, most of the paper consists in econometric analysis, made through the prism of relations of determining that involve main factors generating financial-monetary instability, on the background of the conditions in Romania, in 2008-2013. There are taken so into calculations data for the previously mentioned indicators, considered as dependent variables, on the one hand, respectively those representing GDP, the NPLs volume, M2 monetary aggregate etc., considered as determinant factors and variables, on the other hand. On this basis, there are outlined conclusions and suggested some possibilities to counteract the financial-monetary instability.

Sprache
Englisch

Erschienen in
Series: Working Papers ; No. 141213

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
Financial Crises
Thema
Financial Monetary Imbalances
Inflation Rate
Exchange Rate
Interest Rate On Bank Loans
Non-Performing Loans

Ereignis
Geistige Schöpfung
(wer)
Filip, Bogdan Florin
Ereignis
Veröffentlichung
(wer)
Romanian Academy, National Institute for Economic Research
(wo)
Bucharest
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Filip, Bogdan Florin
  • Romanian Academy, National Institute for Economic Research

Entstanden

  • 2014

Ähnliche Objekte (12)