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Approaching Economic Issues through Epidemiology–An Introduction to Business Epidemiology

  • Bolos, Bradut

    ()

    (Petru Maior University of Târgu-Mures, Faculty of Economic and Administrative Sciences, Accounting and Finances Department)

  • Bacarea, Vladimir

    (Medicine and Pharmacy University of Târgu-Mures, Faculty of Medicine, Research Methodology Department)

  • Marusteri, Marius

    (Medicine and Pharmacy University of Târgu-Mures, Faculty of Pharmacy, Medical Informatics and Biostatistics Department.)

Registered author(s):

    In the tradition of transferring models and concepts from one science to another, our research explores the possibility of importing some concepts, definitions and approaches from human epidemiology to economic research, based on the extensive usage of medical terms and concepts in economy. The article explores some basic epidemiology concepts and their possible relevance to economic research, with the final goal to provide a new viewpoint over the economic phenomena, usable in economic crisis. The article introduces the concept of “business epidemiology” as a possible scientific approach to the economic crisis.

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    File URL: http://www.ipe.ro/rjef/rjef1_11/rjef1_2011p257-276.pdf
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    Article provided by Institute for Economic Forecasting in its journal Romanian Journal for Economic Forecasting.

    Volume (Year): (2011)
    Issue (Month): 1 (March)
    Pages: 257-276

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    Handle: RePEc:rjr:romjef:v::y:2011:i:1:p:257-276
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    1. David E. Bloom & David Canning, 2006. "Epidemics and Economics," PGDA Working Papers 0906, Program on the Global Demography of Aging.
    2. Lelyveld, Iman van & Liedorp, Franka, 2006. "Interbank Contagion in the Dutch Banking Sector: A Sensitivity Analysis," MPRA Paper 806, University Library of Munich, Germany.
    3. Delli Gatti, Domenico & Gallegati, Mauro & Greenwald, Bruce & Russo, Alberto & Stiglitz, Joseph E., 2006. "Business fluctuations in a credit-network economy," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 370(1), pages 68-74.
    4. Monica Billio & Massimiliano Caporin, 2007. "Market linkages, variance spillovers and correlation stability: empirical evidences of financial contagion," Working Papers 2007_18, Department of Economics, University of Venice "Ca' Foscari".
    5. Rajkamal Iyer & José-Luis Peydró, 0. "Interbank Contagion at Work: Evidence from a Natural Experiment," Review of Financial Studies, Society for Financial Studies, vol. 24(4), pages 1337-1377.
    6. Raja Kali & Javier Reyes, 2010. "Financial Contagion On The International Trade Network," Economic Inquiry, Western Economic Association International, vol. 48(4), pages 1072-1101, October.
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