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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Автор: Shin, Hyun
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2013.
Серія:IMF Working Papers; Working Paper ; No. 2013/258
Онлайн доступ:Full text available on IMF