Financial systems and economic crises : the main determinants of financial instability /
"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. The innovative parts of this book provide academics...
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Main Authors: | |
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Group Author: | |
Published: |
Peter Lang,
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Publisher Address: | Berlin : |
Publication Dates: | [2022] |
Literature type: | Book |
Language: | English |
Subjects: | |
Summary: |
"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. The innovative parts of this book provide academics and policymakers with important and practical knowledge based on the following findings: because negative shifts in the financial system precede recessions, financial indicators can indicate a crisis considerably sooner than real variables; the development of a recession forecasting model that can announce the onset 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"-- |
Carrier Form: | 253 pages : illustrations (some color), forms ; 21 cm |
Bibliography: | Includes bibliographical references (pages [201]-212). |
ISBN: |
9783631876947 3631876947 |
Index Number: | HB3722 |
CLC: | F831.59 |
Call Number: | F831.59/D759 |