POLITICA MACRO-PRUDENTIALA SI PROCESUL DE CONVERGENTA LA NIVELUL UNIUNII EUROPENE

Studii Economice from Institutul National de Cercetari Economice (INCE)

Abstract: This study aims to highlight the potential impact of convergence process on the financial stability situation at the level of the European Union. For that purpose, the research proposes the build-up of a financial stability index that envisages to highlight the state of the macro-financial environment. Meanwhile, a differentiation of the countries according to the converegence level is brought forth. The conclusions underline a certain effect of the convergence process on the capability of the countries to withstand macro-financial shocks

Keywords: convergence; financial stability; macro-prudential (search for similar items in EconPapers)
JEL-codes: E20 E51 E52 E60 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2012-11
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ror:seince:121122

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