An Incentive Approach to Identifying Financial System Vulnerabilities

Author/Editor:

Jingqing Chai ; R. B. Johnston

Publication Date:

December 1, 2000

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper underscores the importance of the assessment of incentives of the main agents in a financial system as a key element in the analysis of financial system vulnerability and the surveillance over the financial system. We outline a diagnostic approach for the assessment of incentives. This approach highlights the need for additional research on the relationship between institutional structures and financial vulnerabilities.

Series:

Working Paper No. 00/211

Subject:

English

Publication Date:

December 1, 2000

ISBN/ISSN:

9781451874839/1018-5941

Stock No:

WPIEA2112000

Format:

Paper

Pages:

20

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