Modelling loans and deposits during electoral years in Romania
Modelling loans and deposits during electoral years in Romania
Author(s): Nicolae-Marius JulaSubject(s): Economy, National Economy, Socio-Economic Research
Published by: Universitatea Nicolae Titulescu
Keywords: electoral years; loans; deposits; econometric model; ARDL model
Summary/Abstract: This paper analyzes the effect of electoral years on loans and deposits for population in Romania. Using monthly data regarding the total loans and deposits, we identify the significance of the electoral timing on population ́s behavior regarding financial decisions. We estimate that there are small changes in population ́s affinity for increase in the indebtedness or for savings. We use dummy variables for electoral periods, and when these are econometrically significant there is an evidence of the influence of the electoral timings in population ́s financial decisions.
Journal: Computational Methods in Social Sciences
- Issue Year: 3/2015
- Issue No: 1
- Page Range: 43-48
- Page Count: 6
- Language: English
