Quantitative Assessment of the Financial Sector: An Integrated Approach

Rupert Worrell

No 2004/153, IMF Working Papers from International Monetary Fund

Abstract: This paper suggests a strategy designed to make best use of the available quantitative techniques of financial sector assessment. It incorporates early warning systems, financial sector forecasts, stress tests for systemically important financial institutions, interbank contagion analysis, and corporate and household financial indicators. It will seldom be possible to employ every one of these techniques, but the wider the range of methodologies used, the greater may be the insight into the strengths and vulnerabilities of the financial sector. The quantitative assessment is always complemented by a qualitative assessment, including reviews of relevant standards and codes.

Keywords: WP; financial institution; financial institution forecast; balance sheet adjustment; forecast balance sheet variable; profit and loss; Financial assessment; financial indicators; early warning systems; BIS volume; exchange rate crisis; discriminant analysis; financial system risk; macroeconomic forecast; financial institution failure; interest rate change; credit quality; financial system weakness; macroeconomic model; financial system analysis; Stress testing; Financial sector; Financial soundness indicators; Financial Sector Assessment Program; Financial sector stability; Global (search for similar items in EconPapers)
Pages: 26
Date: 2004-08-01
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Citations: View citations in EconPapers (11)

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