Munich Personal RePEc Archive

To the Problem of Financial Safety Estimation: the Index of Financial Safety of Turkey

Matkovskyy, Roman (2013): To the Problem of Financial Safety Estimation: the Index of Financial Safety of Turkey.

[img]
Preview
PDF
MPRA_paper_47673.pdf

Download (651kB) | Preview

Abstract

This paper proposes an approach to explore the strength of the financial system of Turkey against the possibility of financial disturbances appearing based on the construction of the Index of Financial Safety (IFS) of a country. For this purpose the macro-prudential approach, system analyses, the basic principles of the theory of logical inference, principal of parsimony, principal component analysis are used. The results showed that the IFS applied to Turkey is able to capture the main perturbations in its financial system.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.