The paper analyzes the efficiency and productivity of the most important banking system from 2006-08 and tries to address the long-term challenges posed by the global financial crisis. A non-parametric frontier analysis (DEA) is applied to estimate the relative efficiency of banks segments in...

This article uses a non-linear time-varying model to test productivity convergence in 10 emerging countries within Central and Eastern Europe. The results show that the convergence algorithm has rejected the null hypothesis of convergence for all countries in most of the sectors. Also, we found...

The paper analyzes the efficiency and productivity of the Romanian banks from 2006-08. It uses a non-parametric approach, the data envelopment analysis (DEA) to analyze banks’ efficiency. Based on a sample of 15 commercial banks, our findings reveal that although the efficiency of the Romanian...

This research attempts to integrate the Virtual Try-On technology, an application of image integrative technology, and the technology acceptance framework to examine the influence of interactivity and customer involvement on the online shopping experience. It attempts to empirically test the...

The present research aims at depicting the main drivers and bottlenecks in the process of structural and cohesion funds absorption in Romania. As these funds are important inflows for the Romanian economy it is highly important to have a clear picture of the current situation, by analyzing the...

On March 18th 2009, FED has made a move it haven’t done since 1960 (the so-called Operation Trust conceived by the Kennedy administration): it steped into the market in order to buy long term securities for an amount of some 1.25 trillion dollars. FED also announced a program to restart...

Financial globalization doesn’t represent a new phenomenon, but the size and speed which phenomenon knows is without any precedent. The financial system becomes more efficient as a direct result of globalization and innovation, but not necessarly more capable to absorb the shocks. Concerning...

This paper has like objective to present the main aspects concerning financial structure of the firm. So, we begin from the fact that the theory and the practice doesn’t find an answer at the question if a firm is too much or enough debt, we search after a short definition of financial...

The work is part of a complex research theme approached by the author which follows the knowledge development with favourable implications on the increase of the role and of the importance of the financial stability, having as objective to identify the best methods and institutional structures...

As the US economy continues to be the largest in the world and – despite the recent troubles – continues to remain the most valuable in terms of competitiveness, the US Dollar is likely to continue to keep its world reserve currency status.In this kind of respect, there are a lot of...