USE OF QUANTITATIVE RATIOS FROM THE SYSTEM OF NATIONAL ACCOUNTS IN PREDICTING PRICE BUBBLES ON THE HOUSING MARKET

Ekonomske ideje i praksa ◽

10.54318/eip.2021.ij.300 ◽

2021 ◽

pp. 45-54

Author(s):

Ivana Jovanović

Keyword(s):

Sovereign Debt ◽

Debt Crisis ◽

Market Price ◽

Critical Values ◽

Future Price ◽

National Accounts ◽

System Of National Accounts ◽

Price Bubbles ◽

Indicator Analysis ◽

Residential Market

One of the main causes of the economic and sovereign debt crisis in 2010 – 2012 in some European countries like the United Kingdom, Spain and Ireland was the bursting of the residential market price bubble that was formed in the previous period. In this paper, a specific methodology of indicator analysis of the System of National Accounts and other data has been analyzed if it can help identify and prevent forming of some possible future price bubbles at the residential market, and therefore negative macroeconomic consequences of their bursting. Comparative indicator analysis and critical values suggest measurements of excessive construction activity that led to forming of price bubbles on the residential market. Econometric analysis has shown that it is not possible to establish critical values as variable of interest is not statistically significant.

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Non-observed Economy in the CIS Countries

Voprosy Ekonomiki ◽

10.32609/0042-8736-2009-8-86-95 ◽

2009 ◽

pp. 86-95

Author(s):

Yu. Ivanov

Keyword(s):

International Standards ◽

General Level ◽

National Accounts ◽

System Of National Accounts ◽

The World ◽

Cis Countries ◽

Key Indicators

The article contains a review of underlying concepts and definitions of non-observed economy which are formulated in the international standards on this topic and used by the CIS countries for computation of GDP and other key indicators of the System of National Accounts. The article considers the methods used for measuring non-observed economy and some figures on the share of non-observed economy in GDP of the CIS countries and other selected countries of the world. Perfection of methods of measuring non-observed economy and raising reliability of its estimates requires improvement of general level of work on compilation of national accounts.

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European Economies Stability Faced With Potential Outburst of Sovereign Debt Crisis. An Empirical Study Using Neural Network

INTERNATIONAL JOURNAL OF COMPUTERS & TECHNOLOGY ◽

10.24297/ijct.v12i2.3318 ◽

2013 ◽

Vol 12 (2) ◽

pp. 3255-3260

Author(s):

Stelian Stancu ◽

Alexandra Maria Constantin

Keyword(s):

Neural Network ◽

Sovereign Debt ◽

Debt Crisis ◽

Banking System ◽

Sovereign Debt Crisis ◽

European Level ◽

Continuous Growth ◽

Economic Context ◽

European Economies ◽

The Impact

Instilment, on a European level, of a state incompatible with the state of stability on a macroeconomic level and in the financial-banking system lead to continuous growth of vulnerability of European economies, situated at the verge of an outburst of sovereign debt crises. In this context, the current papers main objective is to produce a study regarding the vulnerability of European economies faced with potential outburst of sovereign debt crisis, which implies quantitative analysis of the impact of sovereign debt on the sensitivity of the European Unions economies. The paper also entails the following specific objectives: completing an introduction in the current European economic context, conceptualization of the notion of â€œsovereign debt crisis, presenting the methodology and obtained empirical results, as well as exposition of the conclusions.

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