Mircea Asandului
Alexandru Ioan Cuza University
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Publication
Featured researches published by Mircea Asandului.
PLOS ONE | 2014
Daniela Viorica; Danut Jemna; Carmen Pintilescu; Mircea Asandului
The objective of this paper is to verify the hypotheses presented in the literature on the causal relationship between inflation and its uncertainty, for the newest EU countries. To ensure the robustness of the results, in the study four models for inflation uncertainty are estimated in parallel: ARCH (1), GARCH (1,1), EGARCH (1,1,1) and PARCH (1,1,1). The Granger method is used to test the causality between two variables. The working hypothesis is that groups of countries with a similar political and economic background in 1990 and are likely to be characterized by the same causal relationship between inflation and inflation uncertainty. Empirical results partially confirm this hypothesis. Jel Classification C22, E31, E37.
Emerging Markets Finance and Trade | 2017
Liviu-George Maha; Elena Daniela Viorică; Mircea Asandului; Andreea Maha
ABSTRACT The purpose of this article is to measure the efficiency of hotel units in Romania from the customers’ point of view and to identify factors that explain the differences in efficiency between hotel units. A stochastic production frontier is estimated together with a technical inefficiency model using cross-sectional data from 622 hotel units in Romania. The results show that the average efficiency is high. However, there are significant differences between hotels in different regions and with different star ratings. The most influential factor affecting efficiency is the online visibility of a hotel unit on social media platforms and on travel planning sites. The study’s results offer insight for hotel decision-makers to be able to improve the perception of hotel efficiency by taking appropriate action to meet customer needs.
Review of Economic and Business Studies | 2016
Carmen Pintilescu; Mircea Asandului; Elena-Daniela Viorica; Danut-Vasile Jemna
Abstract Based on monthly-recorded data for the 1990-2014 period related to output growth and inflation, we use heteroskedastic models in order to estimate the nominal and real uncertainty in Romania. Real uncertainty is derived from output growth volatility and nominal uncertainty is derived from inflation volatility. Of the 12 possible hypotheses regarding causal relationships between output growth, inflation, nominal uncertainty and real uncertainty, we consider 7 hypotheses for which we find strong theoretical arguments and empirical evidence in literature. In order to ensure the robustness of the results, the Granger-causality tests are performed for 4, 8 and 12 lags, which are then used to test 7 economic hypotheses.
Procedia. Economics and finance | 2015
Andra Nichitean; Dan Lupu; Mircea Asandului
Abstract The article aims to determine the optimal mix of public expenditure and its impact on economic growth for east European countries before and during the economic crisis. In order to achieve our objective we conducted a study on a sample of 5 CEE countries: Bulgaria, Croatia, Hungary, Romania and Slovenia for a 10 years period of time using the BARS curve model. Taking into consideration the fundamental differences between public investment policies pre and during the crisis we split our analysis in two distinct periods of time: 1992-2007 respectively 2008-2012. The results of our study consist in the identifications of optimal points of public expenses for each country in particular considering its specificity.
Archive | 2009
Elisabeta Jaba; Mihai Daniel Roman; Mario G.R. Pagliacci; Dana Serban; Christiana Brigitte Balan; Mircea Asandului
Archive | 2015
Dan Lupu; Mircea Asandului
Archive | 2015
Mircea Asandului; Dan Lupu; Gabriel Claudiu Mursa; Radu Musetescu
Emerging Markets Finance and Trade | 2014
Carmen Pintilescu; Dănuţ-Vasile Jemna; Elena-Daniela Viorică; Mircea Asandului
Acta Universitatis Danubius. OEconomica | 2014
Dan Lupu; Mircea Asandului
The Engineering Economics | 2017
Dan Lupu; Mircea Asandului