Measures of financial stability - a review
Blaise Gadanecz, Kaushik Jayaram
Abstract
Blaise Gadanecz, Kaushik Jayaram
Abstract
Unlike price stability, financial stability is not easy to define or measure given the interdependence and the complex interactions of different elements of the financial system among themselves and with the real economy. This is further complicated by the time and cross-border dimensions of such interactions. However, over the past two decades,
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Unlike price stability, financial stability is not easy to define or measure given the interdependence and the complex interactions of different elements of the financial system among themselves and with the real economy. This is further complicated by the time and cross-border dimensions of such interactions. However, over the past two decades,
Key concepts: Financial stability, Stability (learning theory), Financial fragility, Fragility, Measure (data warehouse), Financial system, Business, Composite indicator