Articles on Issue Theme
Claudiu Tiberiu ALBULESCU
Universitatea de Vest din Timişoara
The construction of an Aggregate Financial Stability Index represents one of the methods used for assessing the level and dynamics of financial sector stability. We have developed a stability index for the Romanian Financial Sector in order to appraise its financial soundness in the eve of euro adoption. Our results show a positive trend of the aggregate index during 1998-2006, as well as its recent volatility reduction. Even if at present the stability level is not sufficient for joining the Eurozone, the continuous financial development increase will significantly contribute to euro adoption in the near future.
Keywords: harmonization, convergence, institutional convergence, financial stability, quantitative methods for assessing systemic stability, aggregate financial stability index
JEL: C43, E58, F15
Utilizarea unui indice agregat pentru măsurarea stabilităţii sectorului financiar din România
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Octavian-Dragomir JORA
Academia de Studii Economice din Bucureşti
Mara Andreea TUDOR
University of Chicago
Cătălin MURARAŞU
Academia de Studii Economice din Bucureşti
Ramona Iulia DIEACONESCU
Academia de Studii Economice din Bucureşti
Maria GHEORGHE (NIŢU)
Academia de Studii Economice din Bucureşti
Sorin-Nicolae CURCĂ
Academia Română
Revista ŒCONOMICA
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