Quantitative Measurement of Financial Development in Central and Eastern Europe
In this article, I will first look at the main theoretical approaches financial development and how to quantify it, and in the second part I will measure quantitative financial development in the countries of Central and Eastern Europe for the period 2007-2017. For quantitative measurement, I built...
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| Format: | Article |
| Language: | English |
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Universitaria Publishing House
2021-11-01
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| Series: | Finanţe: Provocările viitorului |
| Subjects: | |
| Online Access: | http://www.financejournal.ro/fisiere/revista/100723703415_Badarau_EN.pdf |
| _version_ | 1818149436091531264 |
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| author | Gabriela BADAREU |
| author_facet | Gabriela BADAREU |
| author_sort | Gabriela BADAREU |
| collection | DOAJ |
| description | In this article, I will first look at the main theoretical approaches financial development and how to quantify it, and in the second part I will measure quantitative financial development in the countries of Central and Eastern Europe for the period 2007-2017. For quantitative measurement, I built an index composed of variables that measure the size and depth of the banking, stock market and insurance markets. In this regard, we used as variables for quantifying financial development in quantitative terms: domestic credit to the private sector by banks, market capitalization and international debt issues, the volume of general insurance premiums, the volume of life insurance premiums, all relative to GDP. |
| first_indexed | 2024-12-11T13:07:00Z |
| format | Article |
| id | doaj.art-1f49e77f9ff34c13adb50931ec567531 |
| institution | Directory Open Access Journal |
| issn | 1583-3712 |
| language | English |
| last_indexed | 2024-12-11T13:07:00Z |
| publishDate | 2021-11-01 |
| publisher | Universitaria Publishing House |
| record_format | Article |
| series | Finanţe: Provocările viitorului |
| spelling | doaj.art-1f49e77f9ff34c13adb50931ec5675312022-12-22T01:06:17ZengUniversitaria Publishing HouseFinanţe: Provocările viitorului1583-37122021-11-01123151162Quantitative Measurement of Financial Development in Central and Eastern EuropeGabriela BADAREU0University of CraiovaIn this article, I will first look at the main theoretical approaches financial development and how to quantify it, and in the second part I will measure quantitative financial development in the countries of Central and Eastern Europe for the period 2007-2017. For quantitative measurement, I built an index composed of variables that measure the size and depth of the banking, stock market and insurance markets. In this regard, we used as variables for quantifying financial development in quantitative terms: domestic credit to the private sector by banks, market capitalization and international debt issues, the volume of general insurance premiums, the volume of life insurance premiums, all relative to GDP.http://www.financejournal.ro/fisiere/revista/100723703415_Badarau_EN.pdffinancial developmentmeasurement methodsquantitative measurementmeasurement index |
| spellingShingle | Gabriela BADAREU Quantitative Measurement of Financial Development in Central and Eastern Europe Finanţe: Provocările viitorului financial development measurement methods quantitative measurement measurement index |
| title | Quantitative Measurement of Financial Development in Central and Eastern Europe |
| title_full | Quantitative Measurement of Financial Development in Central and Eastern Europe |
| title_fullStr | Quantitative Measurement of Financial Development in Central and Eastern Europe |
| title_full_unstemmed | Quantitative Measurement of Financial Development in Central and Eastern Europe |
| title_short | Quantitative Measurement of Financial Development in Central and Eastern Europe |
| title_sort | quantitative measurement of financial development in central and eastern europe |
| topic | financial development measurement methods quantitative measurement measurement index |
| url | http://www.financejournal.ro/fisiere/revista/100723703415_Badarau_EN.pdf |
| work_keys_str_mv | AT gabrielabadareu quantitativemeasurementoffinancialdevelopmentincentralandeasterneurope |