Annals of the University of Oradea: Economic Science (May 2009)

ANALYSIS OF THE ROMANIAN CURRENT ACCOUNT SUSTAINABILITY

  • STEFANESCU RAZVAN,
  • DUMITRIU RAMONA

Journal volume & issue
Vol. 1, no. 1
pp. 163 – 168

Abstract

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This paper explores the sustainability of the Romanian current account. For this purpose we test the stationarity and cointegration of the monthly credit and debit transactions of the current account. It results these time series have unit roots for level

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