Analysis of Financial Stability: The Construction of a New Composite Financial Stability Index for Euro Area
This paper develops new tool for the analysis of the Euro Area financial system using acomposite financial stability index (CFSI). The index was successful in capturing key periods offinancial instability during the sample period and reflected a general improvement in financialstability. The econome...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Ovidius University Press
2018-01-01
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Series: | Ovidius University Annals: Economic Sciences Series |
Subjects: | |
Online Access: | http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2018/08/26.pdf |