Procyclicality and Fair Value Accounting /

In light of the uncertainties about valuation highlighted by the 2007-2008 market turbulence, this paper provides an empirical examination of the potential procyclicality that fair value accounting (FVA) could introduce in bank balance sheets. The paper finds that, while weaknesses in the FVA method...

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Detalles Bibliográficos
Autor principal: Scarlata, Jodi
Otros Autores: Novoa, Alicia, Sole, Juan
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2009.
Colección:IMF Working Papers; Working Paper ; No. 2009/039
Acceso en línea:Full text available on IMF