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Analysing the financial strength of Tunisia: An approach to estimate an index of financial safety

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  • Matkovskyy, Roman
  • Bouraoui, Taoufik
  • Hammami, Helmi

Abstract

This paper analyses the strength of the financial system of Tunisia through the construction of an Index of Financial Safety (IFS). Over the period 2000Q1–2014Q3, the IFS is built using a wide range of financial and macroeconomic indicators. The empirical results show that it can capture the disturbances in Tunisian financial system with sufficient accuracy.

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  • Matkovskyy, Roman & Bouraoui, Taoufik & Hammami, Helmi, 2016. "Analysing the financial strength of Tunisia: An approach to estimate an index of financial safety," Research in International Business and Finance, Elsevier, vol. 38(C), pages 485-493.
    • Handle: RePEc:eee:riibaf:v:38:y:2016:i:c:p:485-493
    DOI: 10.1016/j.ribaf.2016.07.018
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    3. Layal MansourIshrakieh & Leila Dagher & Sadika El Hariri, 2020. "A financial stress index for a highly dollarized developing country : The case of Lebanon," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 20(2), pages 43-52.
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