Cross-border financial surveillance : a network perspective /

Cross-border financial surveillance : a network perspective /

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Bibliographic Details
Author / Creator:	Espinosa-Vega, Marco, author.
Imprint:	[Washington, D.C.] : International Monetary Fund, ©2010.
Description:	1 online resource (27 pages) : color illustrations, color maps
Language:	English
Series:	IMF working paper ; WP/10/105 IMF working paper ; WP/10/105.
Subject:	Banks and banking, International -- Management. Risk management -- Econometric models. International finance -- Econometric models. Banks and banking, International -- Management. International finance -- Econometric models. Risk management -- Econometric models.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12499747

Hidden Bibliographic Details
Other authors / contributors:	Solé, Juan, author. International Monetary Fund. Monetary and Capital Markets Department, issuing body.
ISBN:	1283560631 9781283560634 9781452712710 1452712719 9781455200641 1455200646
Notes:	Includes bibliographical references (pages 23-25). Print version record.
Summary:	Effective cross-border financial surveillance requires the monitoring of direct and indirect systemic linkages. This paper illustrates how network analysis could make a significant contribution in this regard by simulating different credit and funding shocks to the banking systems of a number of selected countries. After that, we show that the inclusion of risk transfers could modify the risk profile of entire financial systems, and thus an enriched simulation algorithm able to account for risk transfers is proposed. Finally, we discuss how some of the limitations of our simulations are a reflection of existing information and data gaps, and thus view these shortcomings as a call to improve the collection and analysis of data on cross-border financial exposures.
Other form:	Print version: Espinosa-Vega, Marco. Cross-border financial surveillance. [Washington, D.C.] : International Monetary Fund, ©2010

Description
Summary:	Effective cross-border financial surveillance requires the monitoring of direct and indirect systemic linkages. This paper illustrates how network analysis could make a significant contribution in this regard by simulating different credit and funding shocks to the banking systems of a number of selected countries. After that, we show that the inclusion of risk transfers could modify the risk profile of entire financial systems, and thus an enriched simulation algorithm able to account for risk transfers is proposed. Finally, we discuss how some of the limitations of our simulations are a reflection of existing information and data gaps, and thus view these shortcomings as a call to improve the collection and analysis of data on cross-border financial exposures.
Physical Description:	1 online resource (27 pages) : color illustrations, color maps
Bibliography:	Includes bibliographical references (pages 23-25).
ISBN:	1283560631 9781283560634 9781452712710 1452712719 9781455200641 1455200646