Macroprudential policies for a resource rich economy : the case of Mongolia /

Saved in:
Bibliographic Details
Author / Creator:Maino, Rodolfo, 1961-
Imprint:[Washington, D.C.] : International Monetary Fund, ©2013.
Description:1 online resource (46 pages) : color illustrations
Language:English
Series:IMF working paper ; WP/13/18
IMF working paper ; WP/13/18.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12501499
Hidden Bibliographic Details
Other authors / contributors:Imam, Patrick.
Ojima, Yasuhisa.
International Monetary Fund. Asia and Pacific Department.
ISBN:9781475515534
1475515537
9781475588613
1475588615
9781475594881
1475590571
9781475590579
1299264573
9781299264571
Notes:Title from PDF title page (IMF Web site, viewed Feb. 4, 2013).
"Asia and Pacific Department."
"January 2013"--Page 2 of pdf.
Includes bibliographical references (pages 45-46).
English.
Summary:"This paper explores the extent to which macroprudential tools can be used to manage banking sector risks in Mongolia, a commodity producing country exposed to both procyclical and cross-sectional financial sector risks. Loose fiscal policy, rising credit activity, and heightened risk appetite -- attributable to the commodity boom -- are fuelling price volatility in asset markets, posing significant risks to financial stability if left unchecked. Rising interconnectedness, potential increase in dollarization and concentrated exposures are compounding those risks. Macroprudential tools can complement fiscal and monetary policy adjustments to avoid the buildup of vulnerabilities in the banking sector"--Abstract.
Other form:1-4755-9488-7
Standard no.:10.5089/9781475515534.001

MARC

LEADER 00000cam a2200000Ia 4500
001 12501499
006 m o d
007 cr cnu---unuuu
008 130204s2013 dcua ob i000 0 eng d
005 20240822221725.9
019 |a 835919273  |a 1107326385  |a 1124525755  |a 1144296232  |a 1202549070 
020 |a 9781475515534  |q (electronic bk.) 
020 |a 1475515537  |q (electronic bk.) 
020 |a 9781475588613  |q (ebook) 
020 |a 1475588615 
020 |z 9781475594881 
020 |a 1475590571 
020 |a 9781475590579 
020 |a 1299264573 
020 |a 9781299264571 
024 8 |a 10.5089/9781475515534.001 
035 9 |a (OCLCCM-CC)826652694 
035 |a (OCoLC)826652694  |z (OCoLC)835919273  |z (OCoLC)1107326385  |z (OCoLC)1124525755  |z (OCoLC)1144296232  |z (OCoLC)1202549070 
040 |a DJB  |b eng  |e pn  |c DJB  |d CUS  |d OCLCA  |d N$T  |d IDEBK  |d OCLCA  |d E7B  |d XFF  |d OCLCF  |d EBLCP  |d OCLCO  |d OCLCQ  |d YDXCP  |d OCLCQ  |d AGLDB  |d OCLCQ  |d MERUC  |d OCLCQ  |d CEF  |d OCLCA  |d AU@  |d OCLCQ  |d STF  |d VT2  |d U3G  |d OCLCQ  |d SFB  |d OCLCQ  |d OCLCO 
043 |a a-mp--- 
049 |a MAIN 
050 4 |a HG3881.5.I58  |b W67 No. 13/18eb 
072 7 |a BUS  |x 004000  |2 bisacsh 
100 1 |a Maino, Rodolfo,  |d 1961-  |0 http://id.loc.gov/authorities/names/no2006115782 
245 1 0 |a Macroprudential policies for a resource rich economy :  |b the case of Mongolia /  |c Rodolfo Maino, Patrick Imam, Yasuhisa Ojima. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c ©2013. 
300 |a 1 online resource (46 pages) :  |b color illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF working paper ;  |v WP/13/18 
500 |a Title from PDF title page (IMF Web site, viewed Feb. 4, 2013). 
500 |a "Asia and Pacific Department." 
500 |a "January 2013"--Page 2 of pdf. 
520 |a "This paper explores the extent to which macroprudential tools can be used to manage banking sector risks in Mongolia, a commodity producing country exposed to both procyclical and cross-sectional financial sector risks. Loose fiscal policy, rising credit activity, and heightened risk appetite -- attributable to the commodity boom -- are fuelling price volatility in asset markets, posing significant risks to financial stability if left unchecked. Rising interconnectedness, potential increase in dollarization and concentrated exposures are compounding those risks. Macroprudential tools can complement fiscal and monetary policy adjustments to avoid the buildup of vulnerabilities in the banking sector"--Abstract. 
504 |a Includes bibliographical references (pages 45-46). 
505 0 |a Cover; Contents; I. Introduction; II. The Mongolian Context; Figures; 1. Output, Inflation, and Capital Flows; 2. Financial Intermediation; 3. Banking Soundness Map; III. Macro-Financial Linkages in Mongolia; A. Financial Stability Risk in Commodity-Producing Countries; 4. Natural Resources Giant; Boxes; 1. The Effects of Two Large Mining Projects; B. Overview of Risks in the Mongolian Financial System; 5. Impulse Response Functions; Tables; 1. Comparison of Macroprudential and Microprudential Regulation; 2. Policy Rate Pass-Through; C. Pro-Cyclical Systemic Risks. 
505 8 |a 6. Time-Series Systemic RiskD. Cross-Sectional Systemic Risks; 7. Residential Mortgage Loan; 8. Cross-Sectional Systemic Risk; IV. Macroprudential Institutional Framework for Mongolia; A. Models Available; 3. Models of Macroprudential Institutions; B. Key Drivers for Effective Macroprudential Policy Arrangements; 9. Criteria for Effectiveness of Macroprudential Institutional Model; C. Way Forward for the Macroprudential Institution; 2. Monetary Policy Committee and Financial Stability Committee: Similarities and Differences; V. Macroprudential Instruments for Mongolia. 
505 8 |a A. Dampening Procyclicality4. Classification of Macroprudential Tools; 10. Simulating Dynamic Provisioning in Mongolia; B. Reducing Cross-Sectional Systemic Risk; 5. Dynamic Provisioning: A Vector Error Correction Model; 11. Interconnectedness; 12. Dollarization; C. Discretionary versus Automatic Measures; VI. Macroprudential and Monetary Policies: A Caveat; VII. Concluding Remarks; Appendix; References. 
546 |a English. 
650 0 |a Banks and banking  |z Mongolia  |x Evaluation. 
650 0 |a Banks and banking  |x State supervision  |z Mongolia. 
650 0 |a Financial institutions  |z Mongolia  |x Evaluation. 
650 0 |a Financial institutions  |x State supervision  |z Mongolia. 
651 0 |a Mongolia  |x Economic policy. 
650 6 |a Banques  |x Contrôle de l'État  |z Mongolie. 
650 6 |a Institutions financières  |z Mongolie  |x Évaluation. 
650 6 |a Institutions financières  |x Contrôle de l'État  |z Mongolie. 
650 7 |a BUSINESS & ECONOMICS  |x Banks & Banking.  |2 bisacsh 
650 7 |a Banks and banking  |x Evaluation.  |2 fast  |0 (OCoLC)fst00826923 
650 7 |a Banks and banking  |x State supervision.  |2 fast  |0 (OCoLC)fst00826996 
650 7 |a Economic policy.  |2 fast  |0 (OCoLC)fst00902025 
650 7 |a Financial institutions  |x Evaluation.  |2 fast  |0 (OCoLC)fst00924656 
650 7 |a Financial institutions  |x State supervision.  |2 fast  |0 (OCoLC)fst00924693 
651 7 |a Mongolia.  |2 fast  |0 (OCoLC)fst01208752 
655 4 |a Electronic books. 
700 1 |a Imam, Patrick.  |0 http://id.loc.gov/authorities/names/no2006084064 
700 1 |a Ojima, Yasuhisa.  |0 http://id.loc.gov/authorities/names/no2012102279 
710 2 |a International Monetary Fund.  |b Asia and Pacific Department.  |0 http://id.loc.gov/authorities/names/no97006778 
776 |z 1-4755-9488-7 
830 0 |a IMF working paper ;  |v WP/13/18.  |0 http://id.loc.gov/authorities/names/no89010263 
856 4 0 |u http://elibrary.imf.org/view/journals/001/2013/018/001.2013.issue-018-en.xml  |y INTERNATIONAL MONETARY FUND 
929 |a oclccm 
999 f f |i 1d37baeb-dc36-595d-b73e-a0734e5f4319  |s 47704655-84f1-5407-b11e-ec9376beb447 
928 |t Library of Congress classification  |a HG3881.5.I58W67 No. 13/18eb  |l Online  |c UC-FullText  |u http://elibrary.imf.org/view/journals/001/2013/018/001.2013.issue-018-en.xml  |z INTERNATIONAL MONETARY FUND  |g ebooks  |i 12145712