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The need for common rules of law for banking activity and credit institutions is fully justified in the present time. Without specific regulation on full banking union, the banks act in their operation accordingly to national rule of law, widening the differences among internal banking systems....
Persistent link: https://www.econbiz.de/10013231527
Bankruptcy prediction and the understanding of the causes for economic failure have a financial utility. The purpose of this study is to compare the predictive power, on the Romanian market, of the most popular bankruptcy models considering the firms listed on the BSE during 2007-2011. Using the...
Persistent link: https://www.econbiz.de/10012864752
This study analyses the relationship between governmental expenditure and economic growth rate for 8 Eastern-European countries with data for 1995–2014 using the ARDL model. The main goal of the present study is to test the presence of a non-linear - Armey Curve type - relationship between the...
Persistent link: https://www.econbiz.de/10012864820