Financial Crisis Impact On Construction And Real Estate Sectors In Romania
This paper presents the evolution of construction and real estate sectors in Romania in the context of current financial crisis, highlighting the internal and international economic climate. The evolutions of the main macroeconomic indicators and sectoral factors of influence on them are presented. Construction and real estate sectors are particularly affected by the worsening perception of the risk, of financing difficulties, doubling the risk of liquidity with the solvency one.
Volume (Year): 4 (2009)
Issue (Month): 3 (September)
|Contact details of provider:|| Postal: Bd.Expozitiei 1B, Bucuresti, Sector 1, Etaj 3, 012101|
Web page: http://www.rau.ro/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Heitor Almeida & Thomas Philippon, 2007.
"The Risk-Adjusted Cost of Financial Distress,"
Journal of Finance,
American Finance Association, vol. 62(6), pages 2557-2586, December.
When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:4:y:2009:i:3:p:127-136. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alex Tabusca)
If references are entirely missing, you can add them using this form.