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New Approach to Financial and Economic Stability in the United States from a Banking Perspective

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  • José Alejandro Fernández Fernández
  • Virginia Bejarano Vázquez
  • Juan Antonio Vicente Virseda

Abstract

This work analyses the relationships between the banking sector and the economy as a whole in the United States between 1990 and 2016. The data are obtained from the Federal Reserve System (FED) and the Federal Deposit Insurance Corporation (FDIC). The methodology applied is canonical analysis, and this analysis will allow us to obtain composite indicators on the real and financial state of the economy, among other composite indicators. This study’s main contribution and originality is centred on this new way of addressing financial and economic stability. Its contributions to macroprudential policy, as well as the financial and economic stability measures it creates, are valuable.

Suggested Citation

  • José Alejandro Fernández Fernández & Virginia Bejarano Vázquez & Juan Antonio Vicente Virseda, 2021. "New Approach to Financial and Economic Stability in the United States from a Banking Perspective," Economic Papers, The Economic Society of Australia, vol. 40(1), pages 54-72, March.
    • Handle: RePEc:bla:econpa:v:40:y:2021:i:1:p:54-72
    DOI: 10.1111/1759-3441.12300
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    References listed on IDEAS

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