THE HERD BEHAVIOR AND THE FINANCIAL INSTABILITY

Given the international financial situation of the last 50 years, and considering the complexity and severity of the financial crises, it is important to study the episodes of financial instability, and especially to understand both operating mechanisms and propagation mechanisms. One endogenous mec...

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Bibliographic Details
Main Author: CRISTIAN IONESCU
Format: Article
Language:English
Published: University of Petrosani 2012-01-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:http://www.upet.ro/annals/economics/pdf/2012/part1/Ionescu_C-1.pdf