Theoretical and Applied Economics
No. 3 / 2006 (498)
Correlation Analysis between Nominal and Real Convergence. The Romanian Case
Academia de Studii Economice Bucuresti
Abstract. This study aims to analyze the sources of the correlation between the nominal and real convergence, as well as the impact of the macroeconomic politics on it. The perspective of Euro adoption will impose stricter management of monetary and budgetary politics, which will affect negatively the catching up process of the economic delays given the lack of higher economic flexibility. This enables a more rapid adjustment of the economy to some persistent shocks as a result of applying growth aggregate supply politics.
Keywords: real convergence; nominal convergence; convergence index; business cycles; economic flexibility.
Contents
- SME’s and Basel 2 Challenge
Mario G.R. Pagliacci
- Romanian Market Researches in Global Market Context
Victor Danciu
- New Values in Credit Risk Management
Ioan Trenca
- International Accounting Convergences Related to EU Admitance
Liliana Feleaga
Niculae Feleaga
- Systemic Model for Optimal Regulation in Public Service
Ani Matei
Lucica Matei
- VAR Methodology Used for Exchange Risk Measurement and Prevention
Ion Stancu
Florentina Balu
- The Explanatory Model of Globalization
Marin Dinu
- Privatization between Professionism and Transparency
Viorel Lefter
- Bonds Evaluation - A Pillar for Investment Decision
Gabriela Anghelache
- Correlation Analysis between Nominal and Real Convergence. The Romanian Case
Marius-Corneliu Marinas
- Research about Romanian Labor Force at the end of 2005
Constantin Anghelache
Alexandru Isaic-Maniu
Constantin Mitrut
Vergil Voineagu
- Social European Model between Descriptive and Contrafactual
Liviu-Catalin Moraru
Gabriel Staicu
- Measuring the Degree of Local Administration Action in Economic Development
Elena Botezat
Marcel Bolos