A MODEL DEDICATED TO FORECAST THE EVOLUTION OF THE REAL ECONOMY AND<br /> FINANCIAL MARKETS SYSTEM FROM ROMANIA USING CONCEPTS FROM OPEN SYSTEMS<br /> THERMODINAMICS – PROJECT DESCRIPTION*
Journal Title: Revista Tinerilor Economisti - Year 2009, Vol 1, Issue 13
Abstract
The project aims to create an econometric model which allows the forecasting of the evolution of Romania’s real economy, as well as the evolution of the system of Romanian financial markets. The study basis is represented by the assimilation of real economies with physics systems which are appropriate to the modeling with the aid of statistical physics and thermodynamics of open systems. Where certain data come under record, some economic and market processes can be assimilated with afferent processes to some Brownian systems.
Authors and Affiliations
Stanciu Cristian Valeriu, Rizescu Sabin, Spulbar Cristi, Dracea Raluca
Keywords
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