
Economies, Journal Year: 2024, Volume and Issue: 13(1), P. 3 - 3
Published: Dec. 31, 2024
This paper presents a novel approach to prognosing European economic crises through the development of an economic–financial risk sensitivity model. The model integrates key macroeconomic indicators such as government deficit (NETGDP), GINI coefficient, social protection expenditure (ExSocP), unemployment rate (UNE), research and spending (RDGDP), tax structures (TXSwoSC), assessing their role in predicting vulnerability across countries. By applying Kruskal–Wallis non-parametric test on data from 324 observations multiple countries, significant differences were identified distribution these variables. results show that policies related protection, R&D, taxation play important country’s resilience shocks. On other hand, income inequality exhibit less variation, reflecting global conditions. provides comprehensive assessment framework, allowing for early detection potential guiding policy adjustments mitigate risks. methodology offers valuable insights into economies financial disruptions, emphasizing importance fiscal maintaining stability.
Language: Английский