1. NBR
  2. Organisation
  3. The Board of Directors
  4. 2014 - 2019
  5. Liviu Voinea - Deputy Governor
  6. CV
  7. Publications (selected)

Publications (selected)


  • Voinea, L. “Explaining the post-crisis Phillips curve: Cumulated wage gap matters for inflation”, CEPS (2018)
  • Voinea, L., Lovin, H., Cojocaru, A. “The Impact of Inequality on the Transmission of Monetary Policy”, Journal of International Money and Finance (2017)
  • Voinea, L. “Revisiting Crisis Generators in Romania and other EU’s New Member States”, Review of International Political Economy, Vol. 20, Issue 4, 2013, pp. 979-1008
  • Voinea, L., Mihăescu, F., “A contribution to the public-private wage inequality debate: the iconic case of Romania”, Economics of Transition, Vol.20 (2), 2012, pp. 315-337
  • Voinea, L., (co-editor), New Policy Challenges for European Multinationals, Vol. 7 Progress in International Business Research, 2012, pp. 119-135 (Liviu Voinea, Flaviu Mihaescu, Andrada Busuioc, The Impact of Transaction Costs on Interest. Margins in the Romanian Banking Sector), and pp. 1-27 (Alain Verbeke, Rob van Tulder, Liviu Voinea, New Policy Challenges for European Multinationals: A Resource Bundling Perspective), pp. 467, Emerald, London
  • Voinea, L., Mihăescu, F., “The impact of flat tax on inequality. The case of Romania”, Romanian Journal of Economic Forecasting Vol. XII, Issue 4, 2009, pp.19-41,
  • Liviu Voinea, The end of illusion economics: crisis and anti-crisis. A heterodox approach, Publica (in Romanian) 179 pages, 2009
  • Liviu Voinea, Transnational corporations and global capitalism, Polirom (in Romanian), 198 pages, 2007
  • Voinea, L., Mihăescu, F., “What Drives Foreign Banks to South East Europe?”, Transformations in business and economics, Vol. 57, Issue 3(15), Supplement C, 2008, pp.107-122.
  • Voinea, L. Stephan, L., “Market concentration and innovation in transnational corporations. Evidence from foreign affiliates in Central and Eastern Europe”, in Progress in international business research (eds: Tiia Vassak, Jorma Larimo), Vol. 4 Research on knowledge, innovation and internationalization, 2009, Emerald, London, pp. 207-224, 271 pages.
  • Voinea, L., “Has CEFTA been a training ground for EU accession? The case of Romania”, International Journal of Trade and Global Markets, Vol.1, Issue 1, 2007, pp. 53-68.
  • Voinea, L., “As Good as it Gets? FDI Dynamics and Impact in Romania” in Foreign Direct Investment Policies in South East Europe, 2006, Jovančević, R., Z. Sević (Eds), pp. 231-250, 329 pages, Greenwich University Press
  • Voinea, L. “Specialization without change: foreign direct investment and Romania’s foreign trade” in New economists about Romania’s transition (coordinators: Mugur Isărescu, Daniel Dăianu), pp. 605-624, 624 pages, Enciclopedica (in Romanian), “National Bank Library” Collection
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