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A Regional Approach Of The Unemployment Impact On The Banking Sector Activity In Romania

Author

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  • ALINA LUCA (BRATUCU)
  • IOANA BILBIE

Abstract

In the fall of 2008, lending activity has triggered the outbreak of the biggest crisis since the Great Depression. The global crises modified the economical structures of many countries and a vicious circle of tightening credit, reduced demand and rapid job cuts took place. Also, Romanian economy suffered in the last three years severe damages in terms of intensive growth and sustainability. For a better understanding of the economic crisis phenomena consequences in Romania, we will try to emphasize the main implications of the influences of unemployment on the banking activity using a regional econometric model for panel data.

Suggested Citation

  • Alina Luca (Bratucu) & Ioana Bilbie, 2011. "A Regional Approach Of The Unemployment Impact On The Banking Sector Activity In Romania," Journal of Academic Research in Economics, Spiru Haret University, Faculty of Accounting and Financial Management Constanta, vol. 3(3 (Novemb), pages 480-488.
    • Handle: RePEc:shc:jaresh:v:3:y:2011:i:3:p:480-488
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    More about this item

    Keywords

    regional economy; banking sector; unemployment.;
    All these keywords.

    JEL classification:

    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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