Stock Market Crisis Identification as a Factor Ensuring Country’s Economic Security

• Main Authors: Konovalova М.E., Kuzmina O.Yu., Vishnever V.Ya., Salomatina S.Yu.
• Format: Article
• Language: English
• Published: EDP Sciences 2019-01-01
• Series: SHS Web of Conferences
• Subjects: financial crisis; stock market; stock market bubble; financial crisis ratios; economic security
• Online Access: https://www.shs-conferences.org/articles/shsconf/pdf/2019/12/shsconf_eurasia2019_03002.pdf
• ISSN: 2261-2424

The article reviews the issues of the economic security of the country from the standpoint of identification of financial crises. The essence and content of a financial crisis are given, characteristic traits of a stock market bubble as an integral part of a stock market crisis are singled out. Special emphasis is laid on the study of the existing methods of identification and measurement of bubbles. The authors analyze the modern stock market crises, describe the Russian stock market vulnerability factors. The article evaluates the possibility for the origination of a stock market crisis in Russia on the modern stage resulting in the creation of a multi-factor stock market bubble identification model. The authors justify proposals and recommendations for the elimination of the existing Russian stock market problems aimed at removal of the economic security threats of the country.