Systemic Risk Monitoring ("SysMo") Toolkit—A User Guide
IMF Working Papers, July 17, 2013
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- Systemic Risk Monitoring ("SysMo") Toolkit—A User Guide
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Bibliographic details
- Authors: Nicolas R Blancher, Srobona Mitra, Hanan Morsy, Akira Otani, Tiago Severo, Laura Valderrama
- Published: July 17, 2013
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781484383438.001
Overview and Purpose
- There has recently been a proliferation of new quantitative tools as part of various initiatives to improve the monitoring of systemic risk.
- The "SysMo" project takes stock of the current toolkit used at the IMF for this purpose.
- Objective: Offer detailed and practical guidance on the use of current systemic risk monitoring tools based on six key questions policymakers are likely to ask.
Key Features and Components
- "How-to" guidance to select and interpret monitoring tools.
- A continuously updated inventory of key categories of tools ("Tools Binder").
- Suggestions on how to operationalize systemic risk monitoring, including through a systemic risk "Dashboard".
- Coverage cuts across various country-specific circumstances and provides a preliminary assessment of the adequacy and limitations of the current toolkit.
Findings and Analytical Focus
- Emphasis on practical application of quantitative tools for systemic risk monitoring.
- Organization of guidance around six key policy questions (the six questions are a central structuring element of the Toolkit).
- Assessment includes both strengths and limitations of the current toolkit as applied across different country contexts.
User Guidance and Operationalization
- Practical step-by-step guidance for selecting and interpreting monitoring tools.
- Inventory ("Tools Binder") intended as a continuously updated reference for practitioners.
- Recommendations for integrating tools into a systemic risk "Dashboard" to operationalize monitoring within institutions.
Publication and Metadata
- Authors: Nicolas R Blancher, Srobona Mitra, Hanan Morsy, Akira Otani, Tiago Severo, Laura Valderrama
- Date: July 17, 2013
- Series: Working Paper No. 2013/168
- Issue: 168
- Volume: 2013
- Pages: 80
- DOI: https://doi.org/10.5089/9781484383438.001
- ISBN: 9781484383438
- ISSN: 1018-5941
- Stock No: WPIEA2013168
- Subjects: Asset prices, Financial crises, Stress testing, Systemic risk, Systemic risk assessment
- Keywords: asset, asset price, market, WP
Source: https://www.imf.org/en/publications/wp/issues/2016/12/31/systemic-risk-monitoring-sysmo-toolkit-a-user-guide-40791