Madalina Ecaterina Andreica

Causal Disparities of Poverty and Unemployment in the EU

The European Social Model acknowledges the central role that the labour market plays in the transformation of European society into a society based on sustainable growth, a smart and inclusive society. Lately, unemployment which affects a large part of the European working population has become a main topic in all economic and political programs. In the other hand one in five people in the European Union is at risk of poverty or social exclusion and 40 million people are in a condition of severe deprivation and the recent economic crisis has further aggravated this situation. Thus, in this article we have tried to estimate the effects that the European Social Model has on the EU labour market and living standards. Through a panel date model we tried to illustrate the impact of certain variables representative of the European social economy (tax rate on labour, social benefits, the growth rate of real gross domestic product, employment rate) on unemployment and poverty rate.

Risk Management on the Romanian Capital Market

The Stock Exchange is a barometer of economic and financial life in any country, an indicator of world business and economic prospects. Its movement is reflected in the stock market indices that express the overall performance of the stock market or just a certain sector, and offers the investors the base of their investment decision on the markets. Therefore, the authors have proposed in this paper to summarize the results of research in order to highlight the most significant issues of the risk management on the Romanian capital market and to provide solutions to them.