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Economic Insecurity as Systemic Risk

Author

Listed:
  • Pârţachi Ion

    (Academy of Economic Studies of Moldova, Cişhinău, Republic of Moldova;)

  • Gârlă Eugeniu

    (Academy of Economic Studies of Moldova, Cişhinău, Republic of Moldova)

Abstract

Difficulties related to the problem of evaluating the economic security / insecurity, including the threshold of economic security / insecurity, namely the impossibility of giving an analytical description of a criterion entirely made up of a set of indicators describing the degree of economic security / insecurity, makes more and more researchers, including the authors, to seek indirect ways of finding solutions, for example considering systemic risk., as a measure of evaluation. Thus, starting from a new approach, and given the specific components of systemic risk to financial stability: the banking sector, corporate sector, public sector, volume of credits, economic activity index the threshold vector of economic security / insecurity can be developed. The study shows that systemic risk can be used to measure the threshold of economic security /insecurity.

Suggested Citation

  • Pârţachi Ion & Gârlă Eugeniu, 2015. "Economic Insecurity as Systemic Risk," Scientific Annals of Economics and Business, Sciendo, vol. 62(s1), pages 29-36, October.
    • Handle: RePEc:vrs:aicuec:v:62:y:2015:i:s1:p:29-36:n:4
    DOI: 10.1515/aicue-2015-0034
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    References listed on IDEAS

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    1. Blanchard, Olivier Jean & Quah, Danny, 1989. "The Dynamic Effects of Aggregate Demand and Supply Disturbances," American Economic Review, American Economic Association, vol. 79(4), pages 655-673, September.
    2. Paun, Cristian & Topan, Vladimir, 2013. "The Monetary Causes of Inflation in Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 5-23, March.
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    Cited by:

    1. Diesendorf, Mark & Elliston, Ben, 2018. "The feasibility of 100% renewable electricity systems: A response to critics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 93(C), pages 318-330.

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