Revista OEconomica

Tudor Constantin BĂLAN - Cycles of Freedom: Are Our Rights Today Permanently Secured, or Are We in a Transitional Phase? The Cases of Great Britain, the United States, and Russia

Marius-Cristian PANĂ, Adela BĂLAN - Economic Freedom and Prosperity: A Comparative Analysis of Welfare Determinants at the International Level

Ana Octavia ALBU - When Accurate Forecasts Still Produce Waste: Demand Shocks and Over-Forecasting Risk in Food Retail

Adrian-Ioan DAMOC - The Persian Pivot and the Reconfiguration of Geopolitical Realism: Iran and Venezuela in Strategic Competition among the United States, China, and Russia

Emmanuel Olusegun STOBER - Coercive Diplomacy in the Gulf and the Limits of the Strike-Forward Strategy: Toward a Middle-Power Coalition for Regional Stability

Sorin-Nicolae CURCĂ - On the Informational Entropy of Economic Shock

Florin DĂNESCU - The Banking Sector as Critical Infrastructure in the Logic of Hybrid Conflict: Post-2014 Legislative Convergence in Central and Eastern Europe and the Case of Romania

Alexandru POPOVICI - The Contribution of the Music Industry to GDP and Employment: A Comparative Analysis

Mohammed AL-NASSERY - Implications of the War in the Middle East: An Analysis of the Economic, Security, Humanitarian, and Political Dimensions

Mihai LĂCĂTUŞ - GDP as a Means, Not an End: Inequality as the Missing Variable in Fiscal Policy Design – A 60-Country Analysis of Economic Growth and Subjective Well-Being

Articles on Issue Theme

Claudiu Tiberiu ALBULESCU

Universitatea de Vest din Timişoara

The construction of an Aggregate Financial Stability Index represents one of the methods used for assessing the level and dynamics of financial sector stability. We have developed a stability index for the Romanian Financial Sector in order to appraise its financial soundness in the eve of euro adoption. Our results show a positive trend of the aggregate index during 1998-2006, as well as its recent volatility reduction. Even if at present the stability level is not sufficient for joining the Eurozone, the continuous financial development increase will significantly contribute to euro adoption in the near future.

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ŒCONOMICA no. 2/2008

Keywords: harmonization, convergence, institutional convergence, financial stability, quantitative methods for assessing systemic stability, aggregate financial stability index

JEL: C43, E58, F15

Utilizarea unui indice agregat pentru măsurarea stabilităţii sectorului financiar din România

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