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1. |
Record Nr. |
UNINA9910785528503321 |
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Autore |
Lund-Jensen Kasper |
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Titolo |
Monitoring Systemic Risk Basedon Dynamic Thresholds / / Kasper Lund-Jensen |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2012 |
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ISBN |
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1-4755-8973-5 |
1-4755-3725-5 |
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Descrizione fisica |
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1 online resource (37 p.) |
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Collana |
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Soggetti |
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Financial risk management |
Risk management |
Banks and Banking |
Finance: General |
Macroeconomics |
Foreign Exchange |
General Financial Markets: Government Policy and Regulation |
Financial Crises |
Banks |
Depository Institutions |
Micro Finance Institutions |
Mortgages |
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General |
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: Other |
Financial Markets and the Macroeconomy |
Finance |
Economic & financial crises & disasters |
Banking |
Currency |
Foreign exchange |
Systemic risk |
Systemic crises |
Commercial banks |
Systemic risk assessment |
Financial sector policy and analysis |
Financial crises |
Financial institutions |
Real effective exchange rates |
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Banks and banking |
United States |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Cover; Contents; I. Introduction; II. Related Literature; III. Econometric Methodology and Model Specification; A. Model Specification; Figures; 1. Binary Response Model Structure; Tables; 1. Countries in Data Sample; 2. Systemic Banking Crises, 1970-2010; IV. Estimation Results; 3. Standardized Marginal Effects; 4. Systemic Risk Factors; 2. Systemic Risk Factors based on Dynamic Logit Model, 1970-2010; V. Monitoring Systemic Risk; A. The Signal Extraction Approach; 3. Signal Classification; B. Crisis signals based on binary response model; 5. Optimal Threshold |
4. Monitoring Systemic Risk, 1970-2010C. Risk Factor Thresholds; 6. Systemic Risk Estimates and Crisis Signals; 7. Credit-to-GDP Growth Threshold; D. Out-of-Sample Analysis; 5. Monitoring Systemic Risk - Out-of-Sample Analysis: 2001-2010; VI. Concluding Remarks; 8. Systemic Risk Estimates for the United States; Appendices; I. Data Sources and Description; 6. Systemic Risk Factors (1/2), 1970-2010; II. Binary Response Model Estimation Results; 7. Systemic Risk Factors (2/2), 1970-2010; 8. Systemic Risk Factors based on Dynamic Logit Model (Credit-to-GDP Growth), 1970-2010 |
9. Systemic Banking Crises DatesIII. Systemic Banking Crises Dates; References |
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Sommario/riassunto |
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Successful implementation of macroprudential policy is contingent on the ability to identify and estimate systemic risk in real time. In this paper, systemic risk is defined as the conditional probability of a systemic banking crisis and this conditional probability is modeled in a fixed effect binary response model framework. The model structure is dynamic and is designed for monitoring as the systemic risk forecasts only depend on data that are available in real time. Several risk factors are identified and it is hereby shown that the level of systemic risk contains a predictable component which varies through time. Furthermore, it is shown how the systemic risk forecasts map into crisis signals and how policy thresholds are derived in this framework. Finally, in an out-of-sample exercise, it is shown that the systemic risk estimates provided reliable early warning signals ahead of the recent financial crisis for several economies. |
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2. |
Record Nr. |
UNINA9910781936303321 |
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Autore |
Sachikonye Lloyd |
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Titolo |
When a state turns on its citizens [[electronic resource] ] : 60 years of institutionalised violence in Zimbabwe / / Lloyd Sachikonye |
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Pubbl/distr/stampa |
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Zimbabwe, : Weaver Press, 2011 |
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ISBN |
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1-77922-231-9 |
1-283-31008-2 |
1-77922-166-5 |
9786613310088 |
1-77922-167-3 |
1-77922-165-7 |
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Descrizione fisica |
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1 online resource (146 p.) |
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Soggetti |
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Political violence - Zimbabwe |
Political persecution - Zimbabwe |
Zimbabwe Politics and government 2000-2008 |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Background, history and patterns of political violence -- Political violence and the scramble for resources -- Systemic violence and the 2008 election -- Violence and political culture -- Wider impact of political violence on society. |
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Sommario/riassunto |
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Lloyd Sachikonye traces the roots of Zimbabwe's contemporary violence to the actions of the Rhodesian armed forces, and the inter-party conflicts that occurred during the liberation war. His focus, however, is the period since 2000, which has seen state-sponsored violence erupting in election campaigns and throughout the programme of fast-track land reform. The consequences of this violence run wide and deep. Aside from inflicting trauma and fear on its victims, the impunity enjoyed by its perpetrators has helped to mould a culture within which personal freedoms and dreams are strangled. At a |
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