Financial Systems and Economic Crises

The Main Determinants of Financial Instability

Häftad, Engelska, 2022

Av Camelia Oprean Stan, Sebastian-Ilie Dragoe

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This book examines the main causes of financial instability and highlights that,with the exception of wars and pandemics, the financial system is the source of thecrisis, not just a means of spreading it, as most mainstream experts believe. Based onthe following findings, the innovative sections of this book provide academics andpolicymakers with important and practical knowledge: because negative shifts in thefinancial system precede recessions, financial indicators can predict the onset of acrisis much earlier than real variables; the proposed recession forecasting model canpredict the emergence of the crisis a month in advance. When the economy’s sensitivityto the financial system is reduced, there will be only modest negative economicgrowth and no true recessions.

Produktinformation

Utgivningsdatum2022-07-04
Mått148 x 210 x 15 mm
Vikt337 g
FormatHäftad
SpråkEngelska
Antal sidor256
Upplaga22001
FörlagPeter Lang AG
ISBN9783631876947

Tillhör följande kategorier

Finanskriser inom Ekonomi och ledarskap
Ekonomiska system inom Ekonomi och ledarskap
Mikroekonomi inom Ekonomi och ledarskap

Sebastian-Ilie Dragoe is an economist at the Lucian Blaga University of Sibiu whospecializes in macrofinance. Financial markets, money theory, banking and financeinstitutions, and econometrics are among his other research interests.Camelia Oprean-Stan teaches and researches in the areas of finance in the Departmentof Finance and Accounting, Lucian Blaga University of Sibiu. Her research interestsalso include capital markets, portfolio administration, and financial management.