Articles liés à Financial Systems and Economic Crises

Financial Systems and Economic Crises - Couverture souple

Oprean Stan

 
9783631876947: Financial Systems and Economic Crises

Synopsis

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 the
crisis, not just a means of spreading it, as most mainstream experts believe. Based on
the following findings, the innovative sections of this book provide academics and
policymakers with important and practical knowledge: because negative shifts in the
financial system precede recessions, financial indicators can predict the onset of a
crisis much earlier than real variables; the proposed recession forecasting model can
predict the emergence of the crisis a month in advance. When the economy's sensitivity
to the financial system is reduced, there will be only modest negative economic
growth and no true recessions.

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À propos de l'auteur

Sebastian-Ilie Dragoe is an economist at the Lucian Blaga University of Sibiu who
specializes in macrofinance. Financial markets, money theory, banking and finance
institutions, and econometrics are among his other research interests.

Camelia Oprean-Stan teaches and researches in the areas of finance in the Department
of Finance and Accounting, Lucian Blaga University of Sibiu. Her research interests
also include capital markets, portfolio administration, and financial management.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.