A Monitoring Framework for Global Financial Stability /

This paper describes the conceptual framework that guides assessments of financial stability risks for multilateral surveillance, as currently presented in the Global Financial Stability Report (GFSR). The framework emphasizes consistency in measuring financial vulnerabilities across countries and o...

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Bibliographic Details
Main Author: Adrian, Tobias
Other Authors: He, Dong, Liang, Nellie, Natalucci, Fabio
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:Staff Discussion Notes; Staff Discussion Notes ; No. 2019/006
Online Access:Full text available on IMF
Description
Summary:This paper describes the conceptual framework that guides assessments of financial stability risks for multilateral surveillance, as currently presented in the Global Financial Stability Report (GFSR). The framework emphasizes consistency in measuring financial vulnerabilities across countries and over time and offers a summary statistic to quantify aggregate financial stability risks. The two parts of the empirical approach-a matrix of specific vulnerabilities and a summary measure of financial stability risks-are distinct but highly complementary for monitoring and policymaking.
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Physical Description:1 online resource (31 pages)
Format:Mode of access: Internet
ISSN:2617-6750
Access:Electronic access restricted to authorized BRAC University faculty, staff and students