Draghia, Andreea; Ștefoni, Sorina Emanuela - In: Financial Studies 24 (2020) 3 (89), pp. 41-50
Detecting and measuring financial stress and its systemic risk channels have been one of the main concerns for authorities and financial supervisors especially after the financial crisis from 2008. In this paper, we aim to build a financial stress index (FSI) for Romania using monthly data from...
