- Alternative measures of macroeconomic imbalances in the EU - design a…
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Alternative measures of macroeconomic imbalances in the EU - design and verification

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    $a Alternative measures of macroeconomic imbalances in the EU - design and verification $f Stanislav Kološta, Pavol Kráľ, Filip Flaška
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    $a As a consequence of financial and economic crisis in the EU the macroeconomic imbalances (MI) have been monitored since 2012. Annual Alarm Mechanism Report (AMR) focused on assessment of MI contains the interlinkages between the real economy and the financial sector. From AMR data, we can get picture about the evolution of different MI indicators in the EU, but complete picture about the overall situation of individual countries in the field of MI is missing. Therefore, we focused on design and verification of suitable alternative evaluation tool which AMR lacks, and which could be usable for decision making processes within European Commission. The main aim of the article is to propose aggregated and partial indices of MI using constrained PCA which can: i) provide a complex evaluation of each EU country on its global position in headline indicators; ii) make MI indicators more comprehensible for wider use; iii) design simple alternative assessment tool useful for monitoring whether m
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    $1 001 umb_un_cat*0290564 $1 200 1 $a E+M Ekonomie a Management $d E&M Economics and Management $v Roč. 22, č. 1 (2019), s. 36-53 $1 210 $a Liberec $c Technická univerzita v Liberci $d 2019 $1 011 $a 1212-3609 $1 011 $a 2336-5064
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Number of the records: 1  

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