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...

Полное описание

Библиографические подробности
Главный автор: Shin, Hyun
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2013.
Серии:IMF Working Papers; Working Paper ; No. 2013/258
Online-ссылка:Full text available on IMF