Financial Stability Reports : What Are they Good for? /

The global financial crisis has renewed policymakers' interest in improving the policy framework for financial stability, and an open question is to what extent and in what form should financial stability reports be part of it. We examine the recent experience with central banks' financial...

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Hlavní autor: Munoz, Sonia
Další autoři: Cihak, Martin, Jahjah, Samir, Sharifuddin, Sharika
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2012.
Edice:IMF Working Papers; Working Paper ; No. 2012/001
On-line přístup:Full text available on IMF
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245 1 0 |a Financial Stability Reports :   |b What Are they Good for? /  |c Sonia Munoz, Samir Jahjah, Martin Cihak, Sharika Sharifuddin. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2012. 
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490 1 |a IMF Working Papers 
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520 3 |a The global financial crisis has renewed policymakers' interest in improving the policy framework for financial stability, and an open question is to what extent and in what form should financial stability reports be part of it. We examine the recent experience with central banks' financial stability reports, and find?despite some progress in recent years?that forward-looking perspective and analysis of financial interconnectedness are often lacking. We also find that higher-quality reports tend to be associated with more stable financial environments. However, there is only a weak empirical link between financial stability report publication per se and financial stability. This suggests room for improvement in terms of the quality of financial stability reports. 
538 |a Mode of access: Internet 
700 1 |a Cihak, Martin. 
700 1 |a Jahjah, Samir. 
700 1 |a Sharifuddin, Sharika. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2012/001 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2012/001/001.2012.issue-001-en.xml  |z IMF e-Library