Similar Search Results

Addressing Interconnectedness; Concepts and Prudential Tools

Arregui, Nicolas; Norat, Mohamed; Pancorbo, Antonio; … - International Monetary Fund (IMF) - 2013

This paper reviews tools used to identify and measure interconnectedness and raises the awareness of policymakers as to … potential cross-sectional implications of prudential tools aimed at controlling interconnectedness. The paper examines two sets … of tools—developed at the IMF and externally—to identify the implications of interconnectedness in systemic risk and how …

Persistent link: https://www.econbiz.de/10011242274

Centrality-based Capital Allocations

Alter, Adrian; Craig, Ben; Raupach, Peter - International Monetary Fund (IMF) - 2014

We look at the effect of capital rules on a banking system that is connected through correlated credit exposures and interbank lending. The rules, which combine individual bank characteristics and interconnectivity measures of interbank lending, are to minimize a measure of system-wide losses....

Persistent link: https://www.econbiz.de/10011106151

Financial Soundness Indicators and Banking Crises

Navajas, Matias Costa; Thegeya, Aaron - International Monetary Fund (IMF) - 2013

The paper tests the effectiveness of financial soundness indicators (FSIs) as harbingers of banking crises, using multivariate logit models to see whether FSIs, broad macroeconomic indicators, and institutional indicators can indeed predict crisis occurrences. The analysis draws upon a data set...

Persistent link: https://www.econbiz.de/10011142053

Systemic Risk Monitoring ("SysMo") Toolkitâ€”A User Guide

Blancher, Nicolas R.; Mitra, Srobona; Morsy, Hanan; … - International Monetary Fund (IMF) - 2013

There has recently been a proliferation of new quantitative tools as part of various initiatives to improve the monitoring of systemic risk. The "SysMo" project takes stock of the current toolkit used at the IMF for this purpose. It offers detailed and practical guidance on the use of current...

Persistent link: https://www.econbiz.de/10011123862

Decomposing Financial Risks and Vulnerabilities in Eastern Europe

Worrell, DeLisle; Maechler, Andrea M.; Mitra, Srobona - International Monetary Fund (IMF) - 2007

This paper assesses how various types of financial risk such as credit risk, market risk, and liquidity risk affect banking stability in the ten countries that joined the European Union most recently, and eight neighboring countries. It also examines how the quality of supervisory standards may...

Persistent link: https://www.econbiz.de/10005769124

Bank Risk-Taking and Competition Revisited

Nicoló, Gianni De; Boyd, John H. - International Monetary Fund (IMF) - 2003

This study reinvestigates the theoretical relationship between competition in banking and banks' exposure to risk of failure. There is a large existing literature that concludes that when banks are confronted with increased competition, they rationally choose more risky portfolios. We briefly...

Persistent link: https://www.econbiz.de/10005599568

Banking Competition and Capital Ratios

Cihák, Martin; Schaeck, Klaus - International Monetary Fund (IMF) - 2007

We use data for more than 2,600 European banks to test whether increased competition causes banks to hold higher capital ratios. Employing panel data techniques, and distinguishing between the competitive conduct of small and large banks, we show that banks tend to hold higher capital ratios...

Persistent link: https://www.econbiz.de/10005605326

Are More Competitive Banking Systems More Stable?

Cihák, Martin; Wolfe, Simon; Schaeck, Klaus - International Monetary Fund (IMF) - 2006

This paper provides the first empirical analysis of the cross-country relationship between a direct measure of competitive conduct of financial institutions and banking system fragility. Using the Panzar and Rosse H-Statistic as a measure for competition in 38 countries during 1980-2003, we...

Persistent link: https://www.econbiz.de/10005825680

Depositor Behavior and Market Discipline in Colombia

Steiner, Roberto; Barajas, Adolfo - International Monetary Fund (IMF) - 2000

This study examines how depositors choose among different banks and over time in Colombia, focusing on whether they discipline bank behavior. By controlling for a more comprehensive set of risk/return factors, the study improves upon conventional market discipline tests. Panel data estimations...

Persistent link: https://www.econbiz.de/10005825773

Banking Stability Measures

Goodhart, C. A. E.; Basurto, Miguel A. Segoviano - International Monetary Fund (IMF) - 2009

This paper defines a set of banking stability measures which take account of distress dependence among the banks in a system, thereby providing a set of tools to analyze stability from complementary perspectives by allowing the measurement of (i) common distress of the banks in a system, (ii)...

Persistent link: https://www.econbiz.de/10005826223