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Macro-financial stability and macroprudential analysis

Author

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  • Ian Woolford

    (Reserve Bank of New Zealand)

Abstract

The Reserve Bank has recently extended its efforts to monitor and analyse financial stability issues. This article discusses the establishment of the Macro-Financial Stability (MFS) section in the Reserve Bank and some of the potential financial instability issues New Zealand faces. The role of macroprudential analysis is also discussed, along with a limited number of macroprudential indicators for illustrative purposes.

Suggested Citation

  • Ian Woolford, 2001. "Macro-financial stability and macroprudential analysis," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 64, September.
    • Handle: RePEc:nzb:nzbbul:september2001:3
    as

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    File URL: http://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Bulletins/2001/2001sep64-3Woolford.pdf
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    References listed on IDEAS

    as
    1. Maria Soledad Martinez Peria & Mr. Giovanni Majnoni & Mr. Matthew T Jones & Mr. Winfrid Blaschke, 2001. "Stress Testing of Financial Systems: An Overview of Issues, Methodologies, and FSAP Experiences," IMF Working Papers 2001/088, International Monetary Fund.
    2. Calvo, Guillermo A. & Mendoza, Enrique G., 2000. "Rational contagion and the globalization of securities markets," Journal of International Economics, Elsevier, vol. 51(1), pages 79-113, June.
    3. Bank for International Settlements, 2001. "A survey of stress tests and current practice at major financial institutions," CGFS Papers, Bank for International Settlements, number 18.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Lotte Schou-Zibell & Jose Ramon Albert & Lei Lei Song, 2010. "A Macroprudential Framework for Monitoring and Examining Financial Soundness," Working Papers on Regional Economic Integration 43, Asian Development Bank.
    2. Chris Hunt, 2013. "The last financial crisis and the case for macro-prudential intervention," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 76, pages 3-16, June.
    3. Aron Gereben, 2002. "Extracting market expectations from option prices?," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 65, March.
    4. Michael Reddell & Ian Woolford & Sean Comber, 2001. "International capital flows, external debt, and New Zealand financial stability," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 64, December.
    5. Micahel Gordon & Leslie Hull & Clive Thorp, 2003. "Recent developments in New Zealand's financial stability," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 66, September.
    6. Sarlin, Peter, 2014. "Macroprudential oversight, risk communication and visualization," LSE Research Online Documents on Economics 61217, London School of Economics and Political Science, LSE Library.
    7. Sarlin, Peter, 2016. "Macroprudential oversight, risk communication and visualization," Journal of Financial Stability, Elsevier, vol. 27(C), pages 160-179.

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