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Tourism Industry Stress Index And Its Relationship To The Financial Stress Index

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  • Marina Malkina

    (Lobachevsky State University of Nizhny Novgorod Department of Economic Theory and Methodology, Center for Macro and Microeconomics, 107, 7 per. Universitetskiy, Nizhniy Novgorod, Russia, 603000)

  • Anton Ovcharov

    (Lobachevsky State University of Nizhny Novgorod Department of Accounting, Center for Macro and Microeconomics, 107, 7 per. Universitetskiy, Nizhniy Novgorod, Russia, 603000)

Abstract

No abstract is available for this item.

Suggested Citation

  • Marina Malkina & Anton Ovcharov, 2021. "Tourism Industry Stress Index And Its Relationship To The Financial Stress Index," Tourism and Hospitality Management, University of Rijeka, Faculty of Tourism and Hospitality Management, vol. 27(2), pages 363-383, July.
    • Handle: RePEc:tho:journl:v:27:y:2021:n:2:p:363-383
    DOI: https://doi.org/10.20867/thm.27.2.8
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    References listed on IDEAS

    as
    1. Dawood, Mary & Horsewood, Nicholas & Strobel, Frank, 2017. "Predicting sovereign debt crises: An Early Warning System approach," Journal of Financial Stability, Elsevier, vol. 28(C), pages 16-28.
    2. Candelon, Bertrand & Dumitrescu, Elena-Ivona & Hurlin, Christophe, 2014. "Currency crisis early warning systems: Why they should be dynamic," International Journal of Forecasting, Elsevier, vol. 30(4), pages 1016-1029.
    3. de Haan,Jakob & Oosterloo,Sander & Schoenmaker,Dirk, 2015. "Financial Markets and Institutions," Cambridge Books, Cambridge University Press, number 9781107119994, October.
    4. Giglio, Stefano & Kelly, Bryan & Pruitt, Seth, 2016. "Systemic risk and the macroeconomy: An empirical evaluation," Journal of Financial Economics, Elsevier, vol. 119(3), pages 457-471.
    5. Rui Dias & Nuno Teixeira & Veronika Machova & Pedro Pardal & Jakub Horak & Marek Vochozka, 2020. "Random walks and market efficiency tests: evidence on US, Chinese and European capital markets within the context of the global Covid-19 pandemic," Oeconomia Copernicana, Institute of Economic Research, vol. 11(4), pages 585-608, December.
    6. Caggiano, Giovanni & Calice, Pietro & Leonida, Leone, 2014. "Early warning systems and systemic banking crises in low income countries: A multinomial logit approach," Journal of Banking & Finance, Elsevier, vol. 47(C), pages 258-269.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Tourism Industry Stress Index; Financial Stress Index; particular tourism indicators; aggregation; principal component analysis; Granger causality;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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