Procyclicality and the Search for Early Warning Indicators /
This paper compares three types of early warning indicators of financial instability - those based on financial market prices, those based on normalized measures of total credit and those based on liabilities of financial intermediaries. Prices perform well as concurrent indicators of market conditi...
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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2013.
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Serier: | IMF Working Papers; Working Paper ;
No. 2013/258 |
Online adgang: | Full text available on IMF |