CURRENT ISSUE - 20 REBS, Volume X, Issue 2/December 2017

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RESEARCH ARTICLE » NOMINAL AND REAL STOCHASTIC CONVERGENCE OF THE BRICS ECONOMIES By: PIN YOU, YUNPENG SUN, LEI AN JEL: F63, F15, F36 Keywords: panel data, BRICS, Kernel Density Estimator, Malmquist Index, Nominal and Real Convergence, Panel Unit Root Tests. » IS INFLATION RATE OF TURKEY STATIONARY? EVIDENCE FROM UNIT ROOT TESTS WITH AND WITHOUT STRUCTURAL BREAKS By: UĞUR SIVRI JEL: E31, C22 Keywords: Turkey, unit root, structural breaks, Stationarity, Inflation Rate » U.S. MONETARY POLICY, COMMODITY PRICES AND THE FINANCIALIZATION HYPOTHESIS By: PAPA GUEYE FAM, RACHIDA HENNANI, NICOLAS HUCHET JEL: C22; C61; E52; G15; Q02; Q14. Keywords: monetary policy, Agricultural commodities, Financialization, Volatility; Correlation, DCC-MGARCH; Asymmetric causality. » BANK BUSINESS MODELS AND PERFORMANCE DURING CRISIS IN CENTRAL AND EASTERN EUROPE By: Simona MUTU, ALIN MARIUS ANDRIEȘ JEL: G01, G21, G28 Keywords: Business models, Bank performance, Financial stability, Financial crisis. » IS REAL DEPRECIATION AND MORE GOVERNMENT SPENDING EXPANSIONARY? THE CASE OF MONTENEGRO By: YU HSING JEL: E62, F41 Keywords: Currency depreciation, government spending, interest rates, IS-MP-AS model. » HERDING BEHAVIOR OF INSTITUTIONAL INVESTORS IN ROMANIA. AN EMPIRICAL ANALYSIS By: MIHAELA BRODOCIANU, OVIDIU STOICA JEL: G14, G23, G11 Keywords: Institutional investors, herding behavior, emerging markets. » RESILIENT SMES, INSTITUTIONS AND JUSTICE. EVIDENCE IN ITALY By: MARILENE LORIZIO, ANTONIA ROSA GURRIERI JEL: K00, K10, P47 Keywords: Resilient Firms; Institutions; Judicial System. » NEGATIVE WORD-OF-MOUTH: EXPLORING THE IMPACT OF ADVERSE MESSAGES ON CONSUMERS’ REACTIONS ON FACEBOOK By: ANA RALUCA CHIOSA, BOGDAN ANASTASIEI JEL: M31 Keywords: negative word-of-mouth, negative emotions, brand hate, identity avoidance, switching intentions. CASE STUDY » THE QWERTY PHENOMENON: ITS RELEVANCE IN A WORLD WITH CREATIVE DESTRUCTION By: JENS WEGHAKE, FABIAN GRABICKI Keywords: platform selection, two-sided markets, status quo bias, QWERTY phenomenon, creative destruction » Cultural Stereotypes – A Revival Of Bosche’ S View By: ANGELICA-NICOLETA NECULĂESEI (ONEA) JEL: F63, F15, F36 Keywords: culture, cultural stereotypes, intercultural diagnosis, intercultural management, cultural specificity.