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Monetary Tensions And Factors Generating Them

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  • Bogdan Florin FILIP

    (Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, bogdan.filip@feaa.uaic.ro, Iasi, Romania,)

Abstract

The paper begins with some conceptual delimitations and with outlining the theoretical framework on the topic approached starting from the concept of monetary tension, but also modalities of expression and possibilities of identification or evaluation of such tensions, by reporting to some specific indicators that, through their meanings and evolution, can either reflect the presence of tensions, or to represent generators of them. To a great extent, however, the paper focuses on econometric analyzes of the presence of some monetary tensions and of the impact factors under the concrete conditions in Romania, in 2008-2013, by building and applying two models in which the indicators M2 monetary aggregate and the interbank interest rate are considered dependent variables, expressing the presence of certain monetary tensions while GDP, the total bank loans, the non-performing bank loans, the interest rate on bank loans, etc., appear as factors generating tensions and as determinant variables.

Suggested Citation

  • Bogdan Florin FILIP, 2014. "Monetary Tensions And Factors Generating Them," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 0(Special i), pages 75-84, September.
    • Handle: RePEc:aic:jopafl:y:2014:v:s1:p:75-84
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    References listed on IDEAS

    as
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    6. Bogdan Florin FILIP, 2014. "Non-performing loans – dimension of the non-quality of bank lending/loans and their specific connections," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(5(594)), pages 127-146, May.
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    8. Bogdan Florin FILIP, 2014. "Non-performing loans – dimension of the non-quality of bank lending/loans and their specific connections," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(5(594)), pages 127, May.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    M2 monetary aggregate; ROBOR ON; GDP; interest rate; non-performing loans; total loans;
    All these keywords.

    JEL classification:

    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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