期刊名称:Finante - provocarile viitorului (Finance - Challenges of the Future)
印刷版ISSN:1583-3712
出版年度:2018
卷号:1
期号:20
页码:53-61
语种:English
出版社:University of Craiova, Faculty of Economics and Business Administration
摘要:The paper presents the evolution and causes of ROBOR growth between May 2013 and July 2018, bringing arguments that invalidate some opinions advocated by the pro-bank analysts' choir on the determinants of the ROBOR index growth. Our analysis led us to the conclusion that inflation in July 2017 to date means a small part of ROBOR's increase, and considering bank liquidity as responsible for ROBOR growth is inadequate. The ROBOR value is the effect of a bilateral oligopolistic market, and this value (imposed in the calculation of interest) distorts the credit market.