%0 Journal Article
%T EVALUATION OF NATIONAL BANK OF ROMANIA MONETARY POLICY CREDIBILITY
%A Toader Valentin
%A Rus Veronica
%J Annals of the University of Oradea : Economic Science
%D 2008
%I University of Oradea
%X In this paper, using the models from the economic literature, the authors study the credibility level of National Bank of Romania (NRB) during the time span Mars 2007 ¨C Mars 2008. We will use three types of credibility indexes - two from the economic literature and one proposed by the authors. Also, we will emphasize the impact of unpredictable shocks - the natural calamities (drought) which affected the aggregate supply in the summer of 2007 and the depreciation of RON against the euro - on the NBR credibility.
%K In this paper
%K using the models from the economic literature
%K the authors study the credibility level of National Bank of Romania (NRB) during the time span Mars 2007 ¨C Mars 2008. We will use three types of credibility indexes - two from the economic lite
%U http://steconomice.uoradea.ro/anale/volume/2008/v2-economy-and-business-administration/086.pdf