A monitoring framework for global financial stability

Tobias Adrian, Dong He, Nelly Liang, and Fabio Natalucci

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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Year of publication:	[2019]
Authors:	Adrian, Tobias ; He, Dong ; Liang, Nelly ; Natalucci, Fabio M.
Publisher:	[Washington, D.C.] : International Monetary Fund
Subject:	Financial stability \| financial conditions \| macroprudential policy \| Finanzmarktaufsicht \| Financial supervision \| Finanzkrise \| Financial crisis \| Welt \| World \| Internationaler Finanzmarkt \| International financial market