## Figure 2.1.2. Histograms of Measures of the Riskiness of Credit Allocation

## Source details

**Canonical URL:** [Figure 2.1.2. Histograms of Measures of the Riskiness of Credit Allocation](https://www.imf.org/-/media/files/publications/gfsr/2018/april/chapter-2/pdf/boxfigure2-1-2.pdf)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2018/april/chapter-2/pdf/boxfigure2-1-2.pdf.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2018/april/chapter-2/pdf/boxfigure2-1-2.pdf.json)

---

### Data and coverage
- The panel covers 55 economies for the period 1991–2016.
- Sources: Worldscope; and IMF staff estimates.
- Data are demeaned at the country level.
- The value of the riskiness of credit allocation is shown on the x-axis.

### Measures presented (panel layout)
- 1. Leverage-Based Measure
- 2. Interest Coverage Ratio–Based Measure
- 3. Debt Overhang–Based Measure
- 4. Expected Default Frequency–Based Measure

### Axis tick labels and fractions displayed
- Common fraction tick labels shown: 0.00, 0.25, 0.05, 0.10, 0.15, 0.20
- Panel 1 (Leverage-Based Measure) x-axis label ticks shown: –4–2–10124
- Panel 2 (Interest Coverage Ratio–Based Measure) x-axis label ticks shown: –5–4–3–2–1012345
- Panel 3 (Debt Overhang–Based Measure) x-axis label ticks shown: –5–4–3–2–1012345
- Panel 4 (Expected Default Frequency–Based Measure) x-axis label ticks shown: –5–4–3–2–1012345

### Presentation notes
- The figure displays histograms (fractions on the y-axis) of four alternative measures of credit-allocation risk across 55 economies over 1991–2016.
- Exact numeric tick labels and fraction values are preserved as shown above.

*Sources: Worldscope; and IMF staff estimates.*

---


_Source: https://www.imf.org/-/media/files/publications/gfsr/2018/april/chapter-2/pdf/boxfigure2-1-2.pdf_