American Journal of Economics

American Journal of Economics is a peer-reviewed journal that employs economics to analyze issues in business, consumer behavior, and public policy. The Journal is focused on publishing both theoretical and empirical papers in finance and several closely related fields in economics.


Mihaela Simionescu (Bratu)

Research Scientist, Romanian Academy, Romania

Research Areas

Statistics, Econometrics

Publications: Journals

[1]  Simionescu M., (2013), The Performance of Unemployment Rate Predictions in Romania.Strategies to Improve the Forecasts Accuracy, Review of Economic Perspectives, No.4/2013, p. 161-175
[2]  Simionescu M (2014), Testing Sigma Convergence Across EU-28, Economics & Sociology, Vol.7, No 1, 2014, pp.48-60.
[3]  Bratu (Simionescu) Mihaela (2012), A comparison of two quantitative forecasting methods for macroeconomic indicators in Romania, Poland and Czech Republic, Journal of Management and Change-EBS Review, No.29/2012, Estonian Business School, Tallinn 2012
[4]  Simionescu M (2014), The Bayesian modelling of the inflation rate in Romania,  Romanian Statistical Review, no.2/2014, pag.147-160
[5]  Simionescu (2014), A comparative analysis of real and predicted inflation convergence in CEE countries during the economic crisis, CES Working Papers, Vol.6, no.2, pag.142-155
[6]  Simionescu (2014), M1 and M2 indicators- new proposed measures for the global accuracy of forecast intervals Computational Methods in Social Sciences, Vol.II, no.1/2014, pag.54-59
[7]  Simionescu (2014), The assessment of income convergence hypothesis in Romanian counties using the panel unit root approach, Studia Oeconomica, Vol.59, No.2, pag.57-67
[8]  Simionescu (2014), Forecast intervals for inflation rate and unemployment rate in Romania, Acta Universitatis Danubius.Œconomica, Vol.10, no.5, pp.39- 51,
[9]  Simionescu (2014), The beta-convergence analysis and regional disparities in EU-28, Journal of Academic Research in Economics, Volum 6, no.2, June 2014
[10]  Simionescu (2014), A prediction regarding the confessional structure in Romania in 2022,Bulletin of the Transilvania University of Braşov, Series IV: Philology and Cultural Studies, Vol.6 (55) No.2 – 2013
[11]  Simionescu (2014), The Kalman filter approach for estimating the natural unemployment rate in Romania, Acta Universitatis Danubius.Œconomica, Vol.10, nr.7(2014)
[12]  Julio Roman Juan Manuel, Bratu (Simionescu) Mihaela (2013), The evaluation of forecasts uncertainty for rate of inflation using a fan chart, Journal of ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, nr.2/2013, ISSN 0424 – 267 X
[13]  Simionescu (2014), Combining the inflation rate forecasts provided by the Survey of Professional Forecasters, Czech Journal of Social Sciences, Business and Economics, Vol.3, no.1, pag.56-63
[14]  Simionescu (2014), Testing the convergence hypothesis in the European Union, Global Economic Observer, no.1, vol.2/2014, May 2014, p.222-229
[15]  Simionescu (2014), The convergence of unemployment rate in the European Union Revista Studia Universitatis Vasile Goldiș Arad - Seria Științe Economice, nr.3/2014
[16]  Simionescu (2014), The intensity of convergence process in European Union, Journal of Economic Analysis, Vol.47 No.1-2/2014, pag.103-110,
[17]  Simionescu (2014), Assessing the forecasts accuracy of the weight of fiscal revenues in GDP for Romania, Financial Studies, no.3 2014
[18]  Simionescu (2014), Directional accuracy of experts’ forecasts for inflation and unemployment rate in Romania, International Journal of Economic Sciences and Applied Research, volume 7, issue 2

Publications: Conferences/Workshops/Symposiums

[1]  Elena Pelinescu, Mihaela Simionescu (2014), Modelling and Predicting Real Money Demand, Annual International Scientific Conference, 2nd Edition, Financial and Monetary Economics – FME 2014, October 24, 2014, Bucharest, Romania
[2]  Mărioara Iordan, Mihaela-Nona Chilian, Mihaela Simionescu (2014), Determinants of regional competitiveness in Romania- a panel data analysis, International Conference “Knowledge Economy – Challenges of the 21st Century”, Constantin Brancoveanu University in November 6-7, 2014, Pitești
[3]  Simionescu (2014), The accuracy of exchange rate forecasts in Romania, 8th International Conference on Applied Statistics, November 14-15, 2014, Bucharest, Romania
[4]  Simionescu (2014), Modelling foreign direct investment in Romania, 2nd International Conference on Business, Economics, Marketing & Management Research (BEMM’14), 20-21 December 2014, Monastir
[5]  Bilan Yuriy, Mihaela Simionescu (2014), Social and economic Effects of Labour Migration, The 3rd National Conference of Students on Entreprise Management in the Modern Economy,  15-16 May 2014, Faculty of Economics and Management, University of  Szczeciński (

Publications: Books/Book Chapters

[1]  Bratu Mihaela (2012), Strategies to Improve the Accuracy of Macroeconomic Forecasts in USA, LAP LAMBERT Academic Publishing, ISBN-10: 3848403196, ISBN-13: 978-3848403196 (INTERNATIONAL PUBLISHING HOUSE FROM GERMANY) http://www.amazon.com/Strategies-Improve-Accuracy-Macroeconomic-Forecasts/dp/3848403196
[2]  Bratu (Simionescu) Mihaela (2013), The forecasts accuracy during the economic crisis and strategies to improve it, capitol în cartea “Financial Aspects of Recent Trends in the Global Economy” , ASERS Publishing (ISI) book included in the Book Citation Index (BkCI).
[3]  Simionescu Mihaela (2013), Incertitudinea previziunilor in modelarea macroeconomica (The forecasts’ uncertainty in macroeconomic modelling), Universitara Publishing House, Bucharest
[4]  Simionescu Mihaela (2013), Econometrie avansată (Advanced Econometrics), Universitara Publishing House, Bucharest
[5]  Simionescu Mihaela (2014), Modelarea și previzionarea indicatorilor macroeconomici (Modelling and predicting the macroeocnomic indicators), Prouniversitaria Publishing House, Bucharest
[6]  Simionescu Mihaela (2014), Exercises of Statistics and Econometrics for economists, ASE Publishing House, Bucharest
[7]  Simionescu Mihaela (2014), Modelarea econometrică în R, Matlab și EViews (Econometric modelling in R, Matlab and EViews), ASE Publishing House, Bucharest