Two challenges in the literature have inspired this paper. First, the highly contradictory puzzle of debates on the “public budget–economic growth” correlation, explainable in great measure by the inadequacy of involved modeling tools (assumptions and specifications) with studied samples....

The paper presents the methodology for attaching probability distribution or intervals of variation to point forecasts. This methodology might prove significant for countries that have suffered deep structural transformations in their not very distant past. For these models, stability is more...

The paper revises the previous author's estimates of the medium-term evolution of the Romanian economy. It is organized in three chapters. The first examines the most important crisis and post-crisis problems of Romania. The analysis is developed preponderantly from a structural point of view....