Title: Alternative measures of macroeconomic imbalances in the EU – design and verification
Authors: Kološta, Stanislav
Kráľ, Pavol
Flaška, Filip
Citation: E+M. Ekonomie a Management = Economics and Management. 2019, roč. 22, č. 1, s. 36-53.
Issue Date: 2019
Publisher: Technická univerzita v Liberci
Document type: článek
URI: http://hdl.handle.net/11025/33690
ISSN: 2336-5604 (Online)
1212-3609 (Print)
Keywords: analýza hlavních komponent;makroekonomické nerovnováhy;agregovaný index;indikátory
Keywords in different language: principal component analysis;macroeconomic imbalances;aggregated index;indicators
Abstract in different language: Years 2008 and 2009 were particularly affected by the outbreak of the global economic recession which in addition to economic instability was also affected by political instability. Economies of most countries in the world felt the impact of the financial crisis, not excluding the EU countries. Since the start of the crisis, there has been a substantial reduction in the EU’s growth potential. In the EU, this was reflected at the macro-level by 4.74% GDP reduction in 2009 (Campos-Soria, Inchausti-Sintes & Eugenio-Martin, 2014). The high levels of external liabilities and private and public debt in many countries in the EU still constitute substantial vulnerabilities for growth, jobs and financial stability. The development of various indicators at micro and macro levels in times of last crisis in various countries was investigated by several authors (Campos-Soria, Inchausti-Sintes, & Eugenio-Martin, 2015; Gugler, Weichselbaumer, & Zulehner, 2015; Zhao, Jiang, & Li, 2014; Tatulescu & Patruti, 2014; Mazurek & Mielcová, 2017; Klepáč & Hampel, 2018).
Rights: CC BY-NC 4.0
Appears in Collections:Číslo 1 (2019)
Číslo 1 (2019)

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