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Impact of the Economic Crisis on the Countries in Eastern Europe (I - Literature Review, Theory and Empirical Evidence)

Author

Listed:
  • Dobra Iulian

    (Paris School of Economics)

Abstract

In this study we look at the macroeconomic factors that differentiated ten countries of Central and Eastern Europe with respect to their response to the global crisis of 2008-2010. More precisely, we want to find out why some countries experienced larger GDP declines than others in 2009. We find that previous short term indebtedness and private credit regulation played an important role.

Suggested Citation

  • Dobra Iulian, 2010. "Impact of the Economic Crisis on the Countries in Eastern Europe (I - Literature Review, Theory and Empirical Evidence)," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 02, June.
    • Handle: RePEc:oen:econom:y:2010:i:02:id:244
    as

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    More about this item

    Keywords

    crisis; credit market; Eastern Europe; financial sector;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • G01 - Financial Economics - - General - - - Financial Crises

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