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
Related Articles
- EP ID EP129304
- DOI -
- Views 98
- Downloads 0
FORECASTING INFLATION AND ITS DETERMINANTS
VAR modeling in inflation forecasting has been widely used, and rather successful, even if there have been several critiques of its exactness or accuracy. This paper is structured into two sections. The first one acco...
CONSTITUENT DIMENSIONS OF CUSTOMER SATISFACTION: A STUDY OF NATIONALISED<br /> AND PRIVATE BANKS
Satisfaction of the customers is invaluable asset for the modern organizations, providing unmatched competitive edge. It helps in building long-term relationship as well as brand equity. The best approach to customer...
THE COMBINED EVALUATION OF THE OPERATING RISK AND OF THE FINANCIAL RISK
While performing its current activity, a company can face two types of risks: the operating risk and the financial risk. The combined effect of these risks obviously influences the shareholders’ earnings. In order to...
THE ROLE OF EUROPEAN UNION IN FINANCING INTERNATIONAL DEVELOPMENT USING<br /> BUDGET SUPPORT
The European Union, represented by the European Commission, is the world’s biggest aid donor. The primary objective of EU development policy is the eradication of global poverty, which includes the achievement of the...
POSSIBLE STRATEGIES FOR ADOPTION OF MOBILITY DECISON
As you know, each economic entity which succeeded to penetrate and stay in business has an own history. The majority of attempts to outline such histories-the entrance in business of small companies-they strike by rig...