Theoretical and Applied Economics
No. 11 / 2013 (588)
Between fiscal discipline and economic recovery. The solutions problem
The Bucharest University of Economic Studies
George ŞTEFAN
The Bucharest University of Economic Studies
Abstract. In this study we proposed a comparative analysis of the effect of the measures taken in seven European countries, which were aimed the fiscal consolidation, in correlation with monetary policy and economic recovery. The selected countries have been systematized into two groups: first group includes states that have signed agreements with international financial institutions (Romania, Ireland, Greece and Portugal) and the second group contains countries which, even if not directly assisted in the international funding programs, have take a several adjustment measures (Italy, Spain and France). In the same time, we keep in mind during the analysis the trade-off between fiscal discipline and sustainable economic recovery.
Contents
Specific patterns in portfolio analysis
A turnpike theorem involving a modified Golden Rule
General aspects regarding the evolution of GDP in Romania
Interday drifts in opening stock returns
Entrepreneurship among higher education graduates in 13 European countries
Innovative methods to analyze the stock market in Romania. Studying the volatility of the Romanian stock market with the ARCH and GARCH models using the “R” software
Anomalies on the capital markets from the former communist European countries
Prerequisites for modeling price and return data series for the Bucharest Stock Exchange
Between fiscal discipline and economic recovery. The solutions problem
Origin of the product and the buying decision