PrefaceIntroductionSection 1: Measuring Effectiveness and Efficiency of Banking SystemsChapter 1: Determinants of Bank Cost Efficiency in Transition EconomiesChapter 2: The Relationship Between Bank Efficiency and Risk and Productivity Patterns in the Romanian Banking SystemChapter 3: Efficiency in Cooperative Banks and Savings BanksChapter 4: Financial NexusSection 2: The Transmission Mechanism of Monetary Policy: Dynamics and PerspectivesChapter 5: Monetary Policy Transmission Mechanism in Romania Over the Period 2001 to 2012Chapter 6: Analysis of the Monetary Policy Dynamics in Romania Using a Structural Vector Autoregressive ModelChapter 7: Inflation Inertia and Inflation Persistence in Romania Using a DSGE ApproachSection 3: Understanding Financial Market Behavior: Empirical Case StudiesChapter 8: Testing Weak-Form Efficiency and Long-Term Causality of the Emerging Capital Markets in Romania, India, Poland, and HungaryChapter 9: Modeling and Estimating Long-Term Volatility of Stock Markets in Romania, Poland, Greece, and USAChapter 10: Analyzing Long-Term Dynamic Causal Linkages and Financial Integration Between the Capital Markets in Romania and HungaryChapter 11: Estimating Long-Term Volatility on National Stock Exchange of IndiaChapter 12: Investigating International Causal Linkages Between Latin European Stock Markets in Terms of Global Financial CrisisChapter 13: Modeling S&P Bombay Stock Exchange BANKEX Index Volatility Patterns Using GARCH ModelChapter 14: Investigating Causal Linkages Between International Stock Markets in Hungary and Austria in Terms of Economic GlobalizationChapter 15: Analyzing Dynamic Causal Linkages Between Developed Stock Markets of Spain and CanadaChapter 16: The Global Implications of Financial Contagion in Developed Capital MarketsChapter 17: Investigating Long-Term Behavior of Milan Stock Exchange (Italy)ConclusionAbout the Authors