Financial Systems and Economic Crises

Sebastian-Ilie Dragoe

ISBN 10: 3631876947 / ISBN 13: 9783631876947

Editore: Peter Lang Jul 2022, 2022

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Neuware -This book examines the main causes of financial instability and highlights thatwith 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. 256 pp. Englisch.

Codice articolo 9783631876947

Dati bibliografici

• Titolo: Financial Systems and Economic Crises
• Editore: Peter Lang Jul 2022
• Data di pubblicazione: 2022
• Lingua: Inglese
• ISBN 10: 3631876947
• ISBN 13: 9783631876947
• Rilegatura: Taschenbuch
• Condizione: Neu

Descrizione articolo

Riassunto

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.

Informazioni sull?autore

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.