Theoretical and Applied Economics
No. 1 / 2014 (590)
The dimensions of the global financial crisis
Bucharest University of Economic Studies
Manuela Violeta OCHEA
Bucharest University of Economic Studies
Abstract. The Global Economic Crisis has shaken the global economic system to the ground determining the economists all over the world to try hard to get the causes and mechanisms of the crisis right. Worldwide timing impact of the crisis was caused by the deterioration of aggregate demand, the uncertainty of the business environment, the rate of financial constraints and market collapse of assets. Considering that the current crisis featured some close similarities to earlier ones we try to answer two questions of the major global crisis: what are the similarities and how costly is the current crisis.
Contents
Stochastic evolutionary cartel formation
Earnings analysis at industry level
Analysis of the correlation between the real estate loan stock and the average unit value of urban housing
Debt and economic growth: Is there any causal effect? An empirical analysis with structural breaks and Granger causality for Greece
Behavioral finance: biased individual investment decision making; like the company but dislike the investment
The role of community foundations in local development – Slovak experience
The role of small and medium enterprises in improving employment and in the post-crisis resumption of economic growth in Romania
The issue of competing currencies. Case study – Bitcoin
Test of the bank lending channel: The case of Hungary
The dimensions of the global financial crisis
Budgeting mechanisms in public administration – meeting today’s and tomorrow’s development challenges