Financial Systems and Economic Crises: The Main Determinants of Financial Instability - Paperback
Financial Systems and Economic Crises: The Main Determinants of Financial Instability - Paperback
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by Camelia Oprean Stan (Author), Sebastian-Ilie Dragoe (Author)
This book analyses the main determinants of financial instability and emphasizes that, with the exception of wars and pandemics, the financial system is the source of the crisis, not just the means of its propagation. It proposes a recession forecasting model that has the advantage of announcing the start of the crisis a month in advance.
Author Biography
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.
