Developing a financial conditions index for a post-transition country: the case of Croatia (CROSBI ID 254229)
Prilog u časopisu | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Broz Tanja ; Barbić, Tajana ; Palić, Petra
engleski
Developing a financial conditions index for a post-transition country: the case of Croatia
The interconnection between financial and business cycles and the importance of surveillance over financial markets emphasise the need for the development of indicators that could trace financial conditions in a country. In this paper, we focus on developing a financial conditions index for a post- transition country – Croatia. Since financial conditions indices for post-transition markets differ from those for developed markets due to differences in the development of their financial systems and the availability of data, we show that financial conditions indices constructed for post-transition markets need to be tailored to the specifics of such markets.
Financial conditions index ; post-transition country ; Croatia ; principal component analysis
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Podaci o izdanju
30 (4)
2018.
549-564
objavljeno
1463-1377
1465-3958
10.1080/14631377.2018.1442035