Cover IMF Working Papers
Can You Map Global Financial Stability?
Author: Jaume Puig, Mr. Ken Miyajima, Rebecca McCaughrin, and Mr. Peter Dattels
Series:
IMF Working Papers
Volume/Issue:
Volume 2010: Issue 145
Language:
English
Publication Date:
01 Jun 2010
DOI:
https://doi.org/10.5089/9781455201280.001
ISBN:
9781455201280
ISSN:
1018-5941
Pages:
42
Keywords:
WP; risk; market; financial condition; emerging market
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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The Global Financial Stability Map was developed as a tool to interpret the risks and conditions that impact financial stability in a graphical manner. It complements other existing tools for assessing financial stability, and seeks to overcome some of the drawbacks of earlier approaches. This paper provides the motivation for the tool, a detailed discussion of its construction, including the choice of risk factors and conditions, a description of the underlying indicators, and a discussion on how the final assessment is determined. When applied to past events of financial instability, the Global Financial Stability Map performs reasonably well in signaling risks to stability, as well as in characterizing the depth of crisis episodes.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund