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...
Main Author: | |
---|---|
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 |