Theoretical and Applied Economics
No. 1 / 2017 (610), Spring
The impact of financial risks on economic growth in EU-15
The Bucharest University of Economic Studies, Romania
Laura-Mădălina PÎRȘCOVEANU
The Bucharest University of Economic Studies, Romania
Maria-Daniela TUDORACHE
The Bucharest University of Economic Studies, Romania
Abstract. This paper examines the impact of financial risks on economic growth in the first 15 Member States of the European Union, considering 1995-2014 period and aims to lay down a new explanatory model of economic growth, based mainly on the behavioral reactivity of the financial disruptions mentioned above. The model was estimated through the panel estimated generalized least squares method and included additional control variables in order to strengthen the research conducted. Our goal consists in the examination of the financial risks in the European Union and in the estimation of their impact on economic growth.
Contents
Bankruptcy prediction logit model developed on Romanian paired sample
The impact of financial risks on economic growth in EU-15
Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests
Inflation targeting and volatility: Panel evidence
Economic structure of educational process and its implications for the higher education reform
Sustainability of social security systems in EU countries: Panel cointegration analysis with multiple structural breaks under cross-sectional dependence
The evolution of corruption and its current state – A case study on Romania
Exports in the European Union sub-models. Determinants and performances
Growth and distribution of microfinance in India: A panel data analysis
Human capital and collegiality in academic beehives: Theory and analysis of European Economics faculties
An empirical assessment of fiscal sustainability for selected South Asian economies
The determinants of stock prices: Evidence from the Turkish banking sector
Job complexity and wage bargaining
Macroeconomic models used in structural analysis of GDP
On the life and death of distance
Vectors of economic growth in the eastern area of the EU
Performance management in the context of globalization
Financial development, trade openness and economic growth in MENA countries: TYDL panel causality approach
The vulnerabilities of the gas supply system of the Republic of Moldova in the context of its energetic security
A formal look at the negative interbank rate
Informatic system for identifying and evaluation of the environmental aspects and waste products management
Regulation versus regulated monopolization of a Cournot oligopoly with unknown cost
Banking Union framework and the stability of the European Banking sector