Argentina : Financial Sector Assessment Program--financial sector stability-technical note.

Argentina : Financial Sector Assessment Program--financial sector stability-technical note.

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Bibliographic Details
Imprint:	Washington, D.C. : International Monetary Fund, 2016. ©2016
Description:	1 online resource (62 pages) : illustrations.
Language:	English
Series:	IMF Country Report ; No. 16/65 IMF country report ; no. 16/65.
Subject:	International Monetary Fund -- Argentina. International Monetary Fund. Finance -- Argentina. Financial institutions -- Argentina. Economic development -- Argentina. Monetary policy -- Argentina. Economic development. Economic history. Finance. Financial institutions. Monetary policy. Argentina -- Economic conditions -- 1983- Argentina.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12504841

Hidden Bibliographic Details
Varying Form of Title:	Financial Sector Assessment Program--financial sector stability-technical note Title on page 2 of pdf: Argentina, financial sector assessment program, technical note, financial sector stability
Other authors / contributors:	International Monetary Fund, issuing body. International Monetary Fund. Monetary and Capital Markets Department, author.
ISBN:	1498391338 9781498391337
ISSN:	1934-7685
Notes:	"February 2016." "July 1, 2013; Prepared by Monetary and Capital Markets Department"--Page 2 of pdf. Includes bibliographical references (page 61). Online resource; title from pdf title page (IMF.org website, viewed March 23, 2016).
Summary:	The documents related to the Financial Sector Assessment Program for the Republic of Argentina were completed in 2013. The reports were prepared by an IMF team in spring of 2013 and were discussed and finalized by the IMF Executive Board on July 12, 2013. The assessment and recommendations included herein reflect the views of IMF staff at that time and do not apply to developments occurred since then. The implementation of stress tests is conceptually challenging in the Argentinean context and the results must be interpreted with a high degree of caution. The stress tests use macroeconomic and satellite models to calculate the impact of adverse scenarios or shocks on banks. These models are estimated using historical data and are subject to estimation uncertainty. Model uncertainty is possibly severe in the case of Argentina, given the institutional and structural changes experienced by the country in the last two decades.
Standard no.:	10.5089/9781498391337.002

Description
Summary:	This paper provides technical analysis and detailed information underpinning the Financial Sector Assessment Program in Argentina. The implementation of stress tests is conceptually challenging in the Argentinean context, and the results must be interpreted with a high degree of caution. The stress tests examined the resilience of the Argentine banking system to solvency, liquidity, and contagion risks. These tests suggest that most banks are in a position to withstand substantial levels of stress while still phasing in capital requirements under Basel II, and credit risk is the most important vulnerability. Banks appeared resilient to market risk but less so to sovereign risks.
Item Description:	"February 2016." "July 1, 2013; Prepared by Monetary and Capital Markets Department"--Page 2 of pdf.
Physical Description:	1 online resource (62 pages) : illustrations.
Bibliography:	Includes bibliographical references (page 61).
ISBN:	1498391338 9781498391337
ISSN:	1934-7685