UKRAINIAN FINANCIAL MARKET STABILITY INVESTIGATION
UKRAINIAN FINANCIAL MARKET STABILITY INVESTIGATION
Author(s): Kostyantyn StryzhychenkoSubject(s): Economy
Published by: Institute of Society Transformation
Keywords: stability; financial market; index; trajectory; dynamics
Summary/Abstract: In the paper, stability of the Ukrainian financial market segments development has been analyzed. The stability theory and non-linear analysis are the mathematical tools of the investigation. In the article, we used three types of stability, namely: Lagrange stability, Poisson stability and Lyapunov stability. The stability indexes show unstable trajectories for the trend of stock and credit segments by Lagrange. Poisson stability recognizes stable cyclic components in the dynamic of credit market. Ukrainian financial market was analyzed as a single system by the Lyapunov stability that shows sustainable trajectories of both segments.
Journal: Економічний часопис - ХХІ
- Issue Year: 2014
- Issue No: 09-10(1)
- Page Range: 81-84
- Page Count: 4
- Language: English