Macroprudential stability indicators of financial systems: Analysis of Bosnia and Herzegovina and Croatia
The introduction of macroprudential stability indicators for risk estimation in financial systems is a hot topic in transition countries. Our examination is focused on the repeating rate of instability in financial systems in Bosnia, Herzegovina and Croatia based on the selection of appropriate macr...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2018-03-01
|
| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1319.pdf
|
| Summary: | The introduction of macroprudential stability indicators for risk estimation in financial
systems is a hot topic in transition countries. Our examination is focused on the repeating rate of
instability in financial systems in Bosnia, Herzegovina and Croatia based on the selection of
appropriate macroprudential indicators. Empirical investigation analyzed the statistical data of
the National Bank of Croatia and the Central Bank of Bosnia and Herzegovina for the period of
ten years between 2003 and 2013. With multivariate logistic regression we create a model based
for determination of probability of the occurrence of instability in financial systems based on real
values of macroprudential indicators. |
|---|---|
| ISSN: | 1841-8678 1844-0029 |