{"product_id":"financial-systems-and-economic-crises-the-main-determinants-of-financial-instability-paperback","title":"Financial Systems and Economic Crises: The Main Determinants of Financial Instability - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eCamelia Oprean Stan\u003c\/b\u003e (Author), \u003cb\u003eSebastian-Ilie Dragoe\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eThis book examines the main causes of financial instability and highlights that, \u003cbr\u003ewith the exception of wars and pandemics, the financial system is the source of the\u003cbr\u003ecrisis, not just a means of spreading it, as most mainstream experts believe. Based on\u003cbr\u003ethe following findings, the innovative sections of this book provide academics and\u003cbr\u003epolicymakers with important and practical knowledge: because negative shifts in the\u003cbr\u003efinancial system precede recessions, financial indicators can predict the onset of a\u003cbr\u003ecrisis much earlier than real variables; the proposed recession forecasting model can\u003cbr\u003epredict the emergence of the crisis a month in advance. When the economy's sensitivity\u003cbr\u003eto the financial system is reduced, there will be only modest negative economic\u003cbr\u003egrowth and no true recessions.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eSebastian-Ilie Dragoe is an economist at the Lucian Blaga University of Sibiu who\u003cbr\u003especializes in macrofinance. Financial markets, money theory, banking and finance\u003cbr\u003einstitutions, and econometrics are among his other research interests.\u003c\/p\u003e \u003cp\u003eCamelia Oprean-Stan teaches and researches in the areas of finance in the Department\u003cbr\u003eof Finance and Accounting, Lucian Blaga University of Sibiu. Her research interests\u003cbr\u003ealso include capital markets, portfolio administration, and financial management.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 256\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.54 x 8.27 x 5.83 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e July 04, 2022\u003c\/div\u003e\n            ","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":50382426996973,"sku":"9783631876947","price":122.31,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0020\/8918\/9441\/files\/BjkDTVtbkY9783631876947.webp?v=1785699558","url":"https:\/\/www.webster.direct\/en-gb\/products\/financial-systems-and-economic-crises-the-main-determinants-of-financial-instability-paperback","provider":"Webster.Direct","version":"1.0","type":"link"}