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A Macroprudential Framework for Monitoring and Examining Financial Soundness

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  • Albert, Jose Ramon G.
  • Schou-Zibell, Lotte
  • Song, Lei Lei

Abstract

This paper describes concepts and tools behind macroprudential monitoring and the growing importance of macroprudential tools for assessing the stability of financial systems. This paper also employs a macroprudential approach in examining financial soundness and identifying its determinants. Using data from selected developing economies in Asia, South America, and Europe as well as selected economies from the developed world, panel regressions are estimated to quantify the impacts of the major influences on key financial soundness indicators, including capital adequacy, asset quality, and earnings and profitability.

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Bibliographic Info

Paper provided by Philippine Institute for Development Studies in its series Discussion Papers with number DP 2012-22.

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Length: 63
Date of creation: 2012
Date of revision:
Handle: RePEc:phd:dpaper:dp_2012-22

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Keywords: early warning system; banking regulation; macroprudential; banks; banking crises; banking supervision; stress testing;

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Cited by:
  1. Albert, Jose Ramon & Ng, Thiam Hee, 2012. "Assessing the Resilience of ASEAN Banking Systems: The Case of the Philippines," Working Papers on Regional Economic Integration, Asian Development Bank 93, Asian Development Bank.
  2. Trenca Ioan & Balogh Peter & Mutu Simona, 2013. "A Macroprudential Supervision Model. Empirical Evidence From The Central And Eastern European Banking System," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 1133-1141, July.
  3. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2013. "Inflation Targeting and Financial Stability: A Perspective from the Developing World," Working Papers Series, Central Bank of Brazil, Research Department 324, Central Bank of Brazil, Research Department.
  4. Vedev, A., 2013. "Mega-Regulator for Russia as an Institutional Problem and an Intellectual Challenge," Journal of the New Economic Association, New Economic Association, New Economic Association, vol. 19(3), pages 139-143.
  5. Mario Pecaric & Josip Viskovic, 2013. "The effects of prudential policy measures on financial stability in post-transition countries," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics, vol. 31(1), pages 9-34.

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