Office: RSB 326
Phone: (804) 289-8593
Fax: (804) 289-8878
Email: gasaftei@richmond.edu

Teaching:
Principles of Macroeconomics
Economics of the European Union
Mathematical Economics

Research:
Banking
International Economics and Finance
Econometrics

Education:
BA, Academy of Economics, Bucharest, Romania
MA, Mathematics, State University of New York at Binghamton
MA, PhD, Economics, State University of New York at Binghamton

Selected Publications:
The Contribution of Product Mix versus Efficiency and Technical Change in the U.S. Banking (sole author), Journal of Banking and Finance, (forthcoming 2007); Regulation and efficiency in transition: The case of Romanian banks (with Subal C. Kumbhakar), Journal of Regulatory Economics, (forthcoming 2007); Ownership, Business Environment and Productivity Change (with Subal C. Kumbhakar, Dorin Mantescu), Journal of Comparative Economics, (forthcoming 2007); Welfare Cost of Inflation in a General Equilibrium Model with Currency and Interest-Bearing Deposits, (with Barry E. Jones and Lian Wang), Macroeconomic Dynamics, 8:4, (2004); Evaluating the Cost Efficiency of the Romanian Banking System, (with Subal C. Kumbhakar and Gabriela Mihailovici), in New Economists. Essays on the Transition to a Market Economy in Romania (2003).

Corporate and Professional Experience:
Kraft Foods International, New York. Financial Analyst, 1997 – 1998
Arthur Andersen, Romania. Audit, Tax Consulting, 1995 - 1997

Awards:
Graduate Student Award for Excellence in Teaching (2001)