Chirila, Viorica; Chirila, Ciprian - In: Acta Universitatis Danubius. OEconomica (2014) 2(2), pp. 182-192
The European Central Bank stipulates that a financial system is stable if the financial risks are evaluated and rewarded correctly and if the economic and financial shocks are absorbed. When analyzing the return and volatility of the stock exchanges we may ascertain that a stock exchange is...