Inter-Country Factor Analysis of Disbalances and Stability of the Financial Sector of Economy
AbstractThe article generalises indicators of financial stability, which are used by the National Bank for monitoring the financial sector of economy of Ukraine. It shows that the existing system of indicators of financial stability has a number of shortcomings. It justifies a necessity of carrying out an integral assessment of the financial stability and level of accumulated disbalances in the financial sector. It conducts an inter-country factor analysis, which allows marking out integral indicators of financial stability and financial disbalances. It shows that the use of indicators of financial stability with respect to identification of disbalances in the financial sector of economy is possible but it is not sufficient. A separated integral indicator of financial disbalances gives a more detailed explanation of the increase of vulnerability of the financial sector with respect to potential financial stresses. It is assumed that its use would allow a more adequate application of monetary and macro-prudential instruments of regulation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics in its journal Business Inform.
Volume (Year): (2013)
Issue (Month): 6 ()
Contact details of provider:
Web page: http://www.business-inform.net
financial sector; financial disbalances; financial stability; macro-prudential regulation;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alexey Rystenko).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.