A National Wealth Approach to Banking Crises and Financial Stability
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Summary:
The paper explores a different, supplementary way to assess and manage a particular type of banking crises, those arising from a rise of nonperforming loans to the corporate sector. It relies on a “national wealth approach,” focusing on the distribution of net wealth among economic sectors and its interaction with developments in the banking system. It identifies avenues for policy response optimization, based on an integrated macrofinancial analytical framework, both for the prevention and the resolution of these types of economic events.
Series:
Working Paper No. 2016/128
Subject:
Banking Banking crises Commercial banks Financial crises Financial institutions Financial sector policy and analysis Financial sector stability Financial statements National accounts Public financial management (PFM)
English
Publication Date:
July 5, 2016
ISBN/ISSN:
9781498349154/1018-5941
Stock No:
WPIEA2016128
Pages:
30
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