Economic insecurity as systemic risk
Economic insecurity as systemic risk
Author(s): Ion PÂRȚACHI, Eugeniu GârlăSubject(s): Supranational / Global Economy, Business Economy / Management, Economic policy, Economic development, Globalization
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: security; food security; inflation; inflation rates; financial stability; econometric models; stochastic models; optimization models;
Summary/Abstract: Difficulties related to the problem of evaluating the economic security / insecurity, including the threshold of economic security / insecurity, namely the impossibility of giving an analytical description of a criterion entirely made up of a set of indicators describing the degree of economic security / insecurity, makes more and more researchers, including the authors, to seek indirect ways of finding solutions, for example considering systemic risk., as a measure of evaluation. Thus, starting from a new approach, and given the specific components of systemic risk to financial stability: the banking sector, corporate sector, public sector, volume of credits, economic activity index the threshold vector of economic security / insecurity can be developed. The study shows that systemic risk can be used to measure the threshold of economic security /insecurity.
Journal: Analele Ştiinţifice ale Universităţii »Alexandru Ioan Cuza« din Iaşi. Ştiinţe economice
- Issue Year: 62/2015
- Issue No: Spec
- Page Range: 29-36
- Page Count: 8
- Language: English