Determinants of Financial Stability

Liliana Eva Donath () and Laura Mariana Cismas ()
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Liliana Eva Donath: Faculty of Economics and Business Administration, West University of Timisoara, Romania
Laura Mariana Cismas: Faculty of Economics and Business Administration, West University of Timisoara, Romania
Authors registered in the RePEc Author Service: Laura-Mariana Cismaș

Romanian Economic Journal, 2008, vol. 11, issue 29, 27-44

Abstract: The subject raises a huge interest in international circles, be it research groups, financial institutions or public decision makers due to market globalization and integration which trigger the risks that are spread from one market to the other through intensive financial flows. The definition of financial stability is controversial. Therefore we endeavor to select the most prominent views concerning this subject given its importance in modern economies. Further the most important macroeconomic determinants of financial stability are described as well as the requirements to fulfill this objective.

Keywords: financial stability; systemic risk; prudential supervision (search for similar items in EconPapers)
JEL-codes: E (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (2)

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