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In this study, we intend to highlight the interaction between the decisions of the central banking concerning the fulfillment of the two main objectives: price stability and financial stability, as well as the effects of such decisions upon the economy. We suggest that central banks should be...
Persistent link: https://www.econbiz.de/10005417641
In this paper we assess the financial supervision and regulation structure inRomania. To this purpose, we calculate and interpret the Financial Supervision UnificationIndex (FSU Index) and the Central Bank as Financial Authority Index (CBFA) at the level ofthe year 2011 (August), according to...
Persistent link: https://www.econbiz.de/10009395356
In this paper we assess the transparency level in the field of financial stability, using the Sotom-ska-Krzysztofik and Szczepanska index for the central banks from the European Union countries and European Central Bank (ECB) – 28 central banks, Norway, Switzerland, Iceland, Russia and 3...
Persistent link: https://www.econbiz.de/10008740647
This study aims to highlight the potential impact of convergence process on the financial stability situation at the level of the European Union. For that purpose, the research proposes the build-up of a financial stability index that envisages to highlight the state of the macro-financial...
Persistent link: https://www.econbiz.de/10010800860
This study aims to highlight the potential impact of convergence process on the financial stability situation at the level of the European Union. For that purpose, the research proposes the build-up of a financial stability index that envisages to highlight the state of the macro-financial...
Persistent link: https://www.econbiz.de/10010608058