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.
Keywords: European Union, financial risks, economic growth, financial crisis, panel.
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Contents
- Bankruptcy prediction logit model developed
on Romanian paired sample
Daniel BRÎNDESCU-OLARIU
- The impact of financial risks on economic growth in EU-15
Ionuţ JIANU
Laura-Mădălina PÎRȘCOVEANU
Maria-Daniela TUDORACHE
- Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests
Burak GÜRIŞ
İpek M. YURTTAGÜLER
Muhammed TIRAŞOĞLU
- Inflation targeting and volatility: Panel evidence
Zied SAYARI
Rima LAJNAF
- Economic structure of educational process
and its implications for the higher education reform
Serguei MIKHAILITCHENKO
- Sustainability of social security systems in EU countries: Panel cointegration analysis with multiple structural breaks
under cross-sectional dependence
Ismet GOCER
Halim TATLI
- The evolution of corruption and its current state – A case study on Romania
Ciprian ROTARU
Raluca GEORGESCU
Dumitru-Alexandru BODISLAV
- Exports in the European Union sub-models.
Determinants and performances
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George ȘTEFAN
Anca PARASCHIV-GHERMAN
- Growth and distribution of microfinance in India: A panel data analysis
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- Human capital and collegiality in academic beehives: Theory and analysis of European Economics faculties
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Franklin G. MIXON, Jr.
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- An empirical assessment of fiscal sustainability for selected South Asian economies
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- The determinants of stock prices: Evidence from the Turkish banking sector
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- Job complexity and wage bargaining
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- Macroeconomic models
used in structural analysis of GDP
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Alexandru MANOLE
Mădălina-Gabriela ANGHEL
- On the life and death of distance
Orestis VRAVOSINOS
- Vectors of economic growth in the eastern area of the EU
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- Performance management in the context of globalization
Roxana-Lucia MIHAI
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Alina CREŢU
- Financial development, trade openness and economic growth in MENA countries: TYDL panel causality approach
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- The vulnerabilities of the gas supply system of the Republic of Moldova in the context of its energetic security
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- A formal look at the negative interbank rate
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- Informatic system for identifying and evaluation of the environmental aspects
and waste products management
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- Banking Union framework and the stability
of the European Banking sector
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