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pro vyhledávání: '"Nicolae Ghiba"'
Autor:
Nicolae Ghiba
Publikováno v:
CES Working Papers, Vol 3, Iss 4, Pp 524-536 (2011)
Purchasing Power Parity (PPP) represents a fundamental concept in exchange rate modeling. The main idea is given by equality between prices in two different countries when expressing in the same currency.This paper aims to analyze the behavior of rea
Externí odkaz:
https://doaj.org/article/e10603aef88449b9ab653a5e566a4cee
Autor:
Nicolae Ghiba
Publikováno v:
CES Working Papers, Vol 2, Iss 4, Pp 73-77 (2010)
Considering the difficulties created by the economic crisis, many exporters have criticized the National Bank of Romania (NBR)’s policy regarding the exchange rate evolution. They argue that depreciation is a necessary condition for recovery and no
Externí odkaz:
https://doaj.org/article/1e171bbea3cc45499b79dfde15997435
Autor:
Nicolae Ghiba, Diana Sadoveanu
Publikováno v:
Romanian Economic Journal. 15(44):225-242
In this paper we aim to analyze the long-run validity of the Purchasing Power Parity (PPP) hypothesis for the Romanian exchange rate. Our goal is achieved using Zivot-Andrews test with one structural break in order to identify changes in real exchang
Autor:
DIANA SADOVEANU, NICOLAE GHIBA
Publikováno v:
Journal of Academic Research in Economics. 4(1):80-89
This paper explores the purchasing power parity influence on exchange rate determination for 4 CEE countries: Czech Republic, Hungary, Poland and Romania. In order to achieve our goal, we applied Johansen cointegration procedure to find out a long-ru
Autor:
Carmen Sandu, Nicolae Ghiba
Publikováno v:
Annales Universitatis Apulensis Series Oeconomica. 2:476-482
In this paper we analyze the exchange rate influence on exports volume in Romania using a vector autoregressive model (VAR). Our analysis, relative to the 2003Q2-2011Q1 period, reflects a negative relationship for the first lag and a positive one in