Volume/Issue: 2015/218
Series: IMF Working Papers
Author(s):
Anton Korinek
, and
Damiano Sandri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2015
ISBN: 9781513506463
International capital flows can create significant financial instability in emerging economies
because of pecuniary externalities associated with exchange rate movements. Does this make
it optimal to impose capital...
Volume/Issue: 2012/29
Series: IMF Working Papers
Author(s):
Pablo Federico
, and
Francisco Vazquez
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2012
DOI: http://dx.doi.org/10.5089/9781463933142.001
ISBN: 9781463933142
This paper analyzes the evolution of bank funding structures in the run up to the global financial crisis and studies the implications for financial stability, exploiting a bank-level dataset that covers about 11,0...
Volume/Issue: 2015/218
Series: IMF Working Papers
Author(s):
Anton Korinek
, and
Damiano Sandri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2015
DOI: http://dx.doi.org/10.5089/9781513506463.001
ISBN: 9781513506463
International capital flows can create significant financial instability in emerging economies
because of pecuniary externalities associated with exchange rate movements. Does this make
it optimal to impose capital...
Volume/Issue: 2012/46
Series: IMF Working Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2012
DOI: http://dx.doi.org/10.5089/9781463936471.001
ISBN: 9781463936471
In this paper we identify some of the main factors behind systemic risk in a set of international large-scale complex banks using the novel CoVaR approach. We find that short-term wholesale funding is a key determi...
Volume/Issue: 2014/46
Series: IMF Working Papers
Author(s):
Stijn Claessens
, and
Laura Kodres
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
March
2014
DOI: http://dx.doi.org/10.5089/9781484335970.001
ISBN: 9781484335970
We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three tenets: adopting a system-wide perspective explicitly...
Volume/Issue: 2017/59
Series: IMF Working Papers
Author(s):
Margarita Rubio
, and
Filiz Unsal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2017
DOI: http://dx.doi.org/10.5089/9781475588057.001
ISBN: 9781475588057
In this paper, we use a DSGE model to study the passive and time-varying implementation of
macroprudential policy when policymakers have noisy and lagged data, as commonly observed in lowincome
and developing count...
Volume/Issue: 2017/59
Series: IMF Working Papers
Author(s):
Margarita Rubio
, and
Filiz Unsal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2017
ISBN: 9781475588057
In this paper, we use a DSGE model to study the passive and time-varying implementation of
macroprudential policy when policymakers have noisy and lagged data, as commonly observed in lowincome
and developing count...
Volume/Issue: 2014/46
Series: IMF Working Papers
Author(s):
Stijn Claessens
, and
Laura Kodres
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
March
2014
ISBN: 9781484335970
We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three tenets: adopting a system-wide perspective explicitly...