Browsing by Author "Salihu, Sulayman Aruwa"
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Item Open Access EUROPEAN UNION MACROECONOMIC WIDE STRESS TESTING AND HYPOTHETICAL SCERERIO VARIABLE TEST.(Department of Accounting, Nasarawa State University Keffi, 2021-07-12) Irefin, David; Salihu, Sulayman Aruwa; Aza, Solomon MangbaThe paper examines the efficiency of stress on some of major macro-economic variables in Europe especially, unemployment, inflation, lack of gross-domestic product growth, mortgage collapse. Literature from developed countries of USA and European countries was reviewed, secondary data from these countries was reviewed and value at ratio model (VR) was developed to major stress in the scenario selected, and available result indicates that even developed economies are not insulated from the vagaries of market volatilities and instability and it is recommended that economies should integrate their financial systems together with other services and other economies.