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The impact of financial risks on economic growth in EU-15

Ionut Jianu, Laura-Madalina Pirscoveanu and Maria Tudorache ()

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Abstract: This paper examines the impact of financial risks on economic growth in the first 15 Member States of the European Union, considering 1995-2014 period and aims to lay down a new explanatory model of economic growth, based mainly on the behavioral reactivity of the financial disruptions mentioned above. The model was estimated through the panel estimated generalized least squares method and included additional control variables in order to strengthen the research conducted. Our goal consists in the examination of the financial risks in the European Union and in the estimation of their impact on economic growth.

Date: 2020-07
New Economics Papers: this item is included in nep-fdg
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Citations: View citations in EconPapers (2)

Published in Theoretical and Applied Economics, Vol. 24 (2017), No. 1

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http://arxiv.org/pdf/2008.02166 Latest version (application/pdf)

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