Posted on 15 August 2014. Tags: econometric regression, inflation, method, monetary phenomenon
Inflation, as a monetary phenomenon, is viewed by monetarists occurring as a result of supply of currency growing faster than the economic output. Research endeavours aimed at understanding the inflationary process among countries have witnessed major advancements in modelling short-term inflation dynamics”. The literature on the Phillips Curve, which is the “modern view of inflationary […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: Benefits, change, e-government, investments, Revenue & Customs
E-Government could be seen by and large as the use of Information and Communication Technology in the transformation of governmental. When you look it from the governmental perspective it is essential that the transformed operations should be more efficient and effective. In this study using a qualitative research methodology and respective instruments we the introduction […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: bank channel lending, long-run cointegrating relationship, money supply endogeneity, securitization
In this paper I examine the endogenous money supply hypothesis in the Euro Area using data from 1999 to 2010. In doing so, I make extensive use of Vector Auto regression models (VAR) with Granger causality procedure to analyze non-cointegrated series and Vector Error Correction models (VECM) for cointegrated series. The cointegration analyses reveal a […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: corporate rules and regulations, Ethics audit, information technology (IT), internet safety, stakeholders
The aims of this article are to test how does enhanced ethics audit model as a new tool for management in Estonian companies work and to investigate through ethics audit model the hidden ethical risks in information technology which occur in everyday work and may be of harm to stakeholders’ interests. Carrying out ethics audit […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: accounting information, accounting models, accounting policies, accounting principles, accounting result, current cost, depreciation, evaluation, fair value, historical cost, present value, realizable value
The approach of this topic suggested to us by the fact that currently, it persists a controversy regarding the elements that influence decisively the qualitative characteristics of useful financial information. From these elements, we remark accounting models and concepts of capital maintenance in terms of the accounting result, which can be under the influence of […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: accounting information, accounting policies, competition, costs, efficiency, infrastructure, management, Performance, satisfaction, taxation, tourism
I have taken this theme into discussion, because I consider if of great actuality. Thus, though it is unanimously admitted the fact that the Romanian tourism is a branch of the national economy with a huge potential, and, at official level, it is considered to be a priority domain, its performance is not satisfactory yet. […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: current assets, current liabilities, current ratio, days of sales outstanding (DSO), days payables outstanding (DPO), fixed asset turnover, fixed assets, inventory turnover, quick ratio, ROA, ROE, working capital turnover
This article focuses on computing techniques starting from trial balance data regarding financial key ratios. There are presented activity, liquidity, solvency and profitability financial key ratios. It is presented a computing methodology in three steps based on a trial balance.
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: energy, energy efficiency, environmental protection, fossil fuels
The energy sector is one of the most important sectors of activity, with an significant impact both on the economy and also on the environment. This paper aims to analyse and evaluate the major economic and environmental issues associated with the energy sector. Among the environmental aspects are analysed those related with the extraction, transport […]
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Posted in Economics, Volume IV, Issue no. 4