To the Problem of Financial Safety Estimation: the Index of Financial Safety of Turkey
Roman Matkovskyy
MPRA Paper from University Library of Munich, Germany
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.
Keywords: Financial safety; index of financial safety (IFS); financial risks (search for similar items in EconPapers)
JEL-codes: C38 E50 G01 G17 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-acc and nep-ara
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:47673
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