IDEAS home Printed from https://ideas.repec.org/a/fst/rfsisf/v12y2022i7p201-215.html
   My bibliography  Save this article

Dynamics of insolvencies/registrations of entities in correlation with wage costs

Author

Listed:
  • Mihail Alin Stanciu

    (LTAS Ploiesti, Ploiesti, Romania)

Abstract

The paper aims to investigate the nature of the relationship between insolvencies or registrations and the wage cost in Romania. The study uses monthly / annual data covering the period 2014 – October 2019. In order to investigate the short and medium term dynamics of insolvencies, enrolments and the influence of wage costs, the data collected for the mentioned period will be examined, highlighting the causal links between the three concepts at the level of the country as well as in the field of constructions. This study highlights the existence of a relationship between the three variables, but it does not provide certainty regarding the information about the direction and meaning of this causal link. The subject deserves to be investigated from the perspective of the existence of a “long term equilibrium” property, for the pair of registration and insolvency variables. The question we can answer by means of looking for actual relationships is whether there is a connection between the registrations and insolvencies of the entities in a certain field. The result of the study reflects a very similar evolution of the insolvency pairs – insolvencies in the field of construction, registrations – registrations in the field of construction, registrations – insolvencies.

Suggested Citation

  • Mihail Alin Stanciu, 2022. "Dynamics of insolvencies/registrations of entities in correlation with wage costs," Journal of Financial Studies, Institute of Financial Studies, vol. 12(7), pages 201-215, May.
    • Handle: RePEc:fst:rfsisf:v:12:y:2022:i:7:p:201-215
    DOI: 10.55654/JFS.2022.7.12.13
    as

    Download full text from publisher

    File URL: https://revista.isfin.ro/wp-content/uploads/2022/05/18.-Stanciu-Mihail-Alin_.pdf
    Download Restriction: no
    File URL: https://revista.isfin.ro/en/2022/05/19/impact-of-the-pandemic-on-the-horeca-industry-in-2020/
    Download Restriction: no
    File URL: https://libkey.io/10.55654/JFS.2022.7.12.13?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    registration of economic entities; insolvent economic entities; wage cost.;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fst:rfsisf:v:12:y:2022:i:7:p:201-215. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cosmin Catalin Olteanu (email available below). General contact details of provider: https://edirc.repec.org/data/isfinro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.