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...

Full description

Saved in:
Bibliographic Details
Main Authors: Dragoe, Sebastian-Ilie
Group Author: Oprean-Stan, Camelia
Published: Peter Lang,
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