The main aim of this research is to construct different forecasts for the weight of fiscal revenues in the GDP for Romania on short horizon (2011-2013) by using different types of econometric models. Using annual data from 1995, according to Granger causality test, there is a unidirectional...

We characterize the revenue-maximizing mechanism for time separable allocation problems in continuous time. The valuation of each agent is private information and changes over time. At the time of contracting every agent privately observes his initial type which influences the evolution of his...

This study examines the dynamic relationship between changes in oil prices and the economic policy uncertainty index for a sample of both net oil-exporting and net oil-importing countries over the period 1997:01-2013:06. To achieve that, we extend the Diebold and Yilmaz (2009, 2012) dynamic...