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  • 标题:Challenges of ROBOR Growth
  • 本地全文:下载
  • 作者:Jenica POPESCU ; Bogdan POPA
  • 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.
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