期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2012
卷号：12
期号：1
语种：English
出版社：Ovidius University Press
摘要：We investigate through an econometric approach the credit market and the factors that interact with it. Our investigation tries to put into discussion the main macroeconomic determinants of credit market in Romania. Our approach is chiefly centered around essential macroeconomic variables related to industrial output,interest in banking industry,as well as to stock market aggregate indicators. This paper’s results show that disequilibrium models can be used to properly model and describe,in the medium and short-run,the behavior of the credit market as a whole,by taking necessary precautions.
关键词：disequilibrium models;co-integration;stationarity and non-stationarity;credit market.
