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Indice agrégé de stabilité financière au Maroc

Author

Listed:
  • DEHMEJ , Salim

    (International Monetary Fund)

  • MIKOU, Mohammed

    (Bank Al-Maghrib, Département de la Recherche)

Abstract

La crise des « subprimes » et plus récemment celle du Covid-19 ont mis en exergue les risques potentiels menaçant la stabilité financière et l’importance d'une surveillance accrue du système financier. L’objectif de ce document de travail est double puisqu’il mesure d’abord le risque systémique du secteur bancaire marocain - à l’aide de techniques récentes développées dans la littérature économique et utilisées par des Banques Centrales - avant de l’intégrer dans un indice agrégé de stabilité financière (IASF), susceptible de faciliter le suivi des risques financiers et la détection précoce des vulnérabilités. L’indice agrégé est calculé comme une moyenne pondérée de 25 indicateurs macroéconomiques et financiers, classés en cinq sous-indices : le développement macroéconomique, le développement financier, la vulnérabilité bancaire, la vulnérabilité du secteur non financier et le risque systémique. Son évolution est contenue et confirme que le système financier marocain a fait preuve d’une résilience avérée durant ces dernières années.

Suggested Citation

  • DEHMEJ , Salim & MIKOU, Mohammed, 2020. "Indice agrégé de stabilité financière au Maroc," Document de travail 2020-2, Bank Al-Maghrib, Département de la Recherche.
    • Handle: RePEc:ris:bkamdt:2020_002
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    References listed on IDEAS

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    More about this item

    Keywords

    Stabilité financière; Risque Systémique; Indice de stress financier; SRISK;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G01 - Financial Economics - - General - - - Financial Crises
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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