Conceptual Approaches to Stress Testing of the Regional Economy and Assessment of its Sustainability: Theory and Practice
( Pp. 169-176)

More about authors
Kirill S. Purtov Postgraduate Student of the Department of Financial Management and Financial Law
Moscow Metropolitan Governance University
Moscow, Russian Federation
Abstract:
The fragmentation of the study of foreign experience in the issue of methodology for stress testing the region and assessing resilience to crisis situations will determine the relevance of the article and is associated with a number of factors, including a variety of economic and political conditions, different methodologies, restrictions on access to information and the difference in estimated indicators. The article is devoted to the analysis and discussion of the approaches of the Nobel laureates in economics: Richard Thaler, Robert Schiller, Paul Krugman, Gary Stanley Becker, James Buchanan, to identify the features and distinctive conceptual aspects inherent in each of the researchers in the direct or indirect consideration of the topics covered in the articles. The article discusses and summarizes the key factors on which the stress-resistance of the regional economy depends.
How to Cite:
Purtov K. S. Conceptual Approaches to Stress Testing of the Regional Economy and Assessment of its Sustainability: Theory and Practice // ECONOMIC PROBLEMS AND LEGAL PRACTICE. 2023. Vol. 19. № 4. P. 169-176. (in Russ.) EDN: ZISWRS
Reference list:
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Becker G.S. Human Behavior: An Economic Approach. —M.: State University — Higher School of Economics, 2003. —672 p.
Bernanke B., Frank R. Economics. Express course. —St. Peters­burg: Piter, 2012. —720 p.
Buchanan J. M. Politics without romance: a summary of the positive theory of public choice and its normative conditions // Milestones of economic thought. Welfare economics and public choice. V.4 / Ed. By A.P. Zaostrovtsev. —St. Petersburg: School of Economics, 2004. —568 p.
Zakharenko R.L. Paul Krugman: Nobel laureate, theorist of international trade and economic geography // HSE Economic Journal. 2009. V. 13. No. 1. pp. 130–137.
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Keywords:
stress resistance, regional economy, stability, unity of the regional economy, macro level, socio-economic dynamics..


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