Series: IMF Working Papers
Author(s): Daniela Marchettini , and Rodolfo Maino
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 August 2015
Keywords: Early Warning Indicators, Financial Deepening, credit, bis, risk, banking, Financial Markets and the Macroeconomy, Financial Forecasting and Simulation,
We propose a toolkit for the assessment of systemic risk buildup in low income countries. We show that, due to non-linearity in the relationship between credit and financial stability, the assessment should be cond...