Showing 1 - 10 of 11
This research paper attempts to find explanatory variables for foreign banks activity in SEE and CEE, mainly among three categories of factors FDI, bilateral trade, and EU policies. We proxy bilateral banking activity by the consolidated foreign claims of reporting banks between source and...
Persistent link: https://www.econbiz.de/10010820238
In this paper we focused on the flat tax impact on inequality in Romania. We compared 2005 against 2004, when we were able to isolate the flat tax impact from other factors. We found that the higher the gross wage, the higher the flat tax gains. The inequality indicators we calculated (the Gini...
Persistent link: https://www.econbiz.de/10010820251
Persistent link: https://www.econbiz.de/10010820253
This article argues that the causes of the crisis in Romania and other new EU member states were different from those affecting Western Europe or the US. The main argument of this paper is that bad domestic monetary, fiscal and regulatory policies were the real crisis generators, while exogenous...
Persistent link: https://www.econbiz.de/10010824818
This paper studies the public-private wage inequality in Romania. Although public sector employment is perceived as safer and offers more benefits, we find that in Romania it also offers higher wages, after controlling for experience, education, and gender. Decomposing the public-private wage...
Persistent link: https://www.econbiz.de/10010768986
Persistent link: https://www.econbiz.de/10010785573
This paper deals with convergence effects of regional trade agreements. The international literature presents three main motifs to support free trade agreements: stabilisation, avoidance of the hub-and-spoke trade structure, and the training ground argument. This paper analyses Romania's...
Persistent link: https://www.econbiz.de/10005754151
This paper deals with convergence effects of regional trade agreements. The international literature presents three main motifs to support free trade agreements: stabilisation, avoidance of the hub-and-spoke trade structure, and the training ground argument. This paper analyses Romania's...
Persistent link: https://www.econbiz.de/10008539574
Persistent link: https://www.econbiz.de/10010543005
The economy of knowledge requires measures of national wealth that take into account aspects not contemplated by GDP, in order to portray the situation of a country more truthfully. In this paper, we use a new model to measure the intellectual capital of nations, adapted from microeconomics. It...
Persistent link: https://www.econbiz.de/10009321267