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Decomposing Financial Risks and Vulnerabilities in Eastern Europe / Rupert Worrell, Andrea Maechler, Srobona Mitra.
- Format:
- Book
- Government document
- Author/Creator:
- Worrell, Rupert.
- Series:
- IMF Working Papers; Working Paper ; No. 2007/248
- IMF Working Papers
- Language:
- English
- Subjects (All):
- Banks and banking--Risk management--Europe, Eastern--Econometric models.
- Banks and banking.
- Banks and banking--State supervision--Europe, Eastern--Econometric models.
- Credit--Europe, Eastern--Econometric models.
- Credit.
- Physical Description:
- 1 online resource (35 p.)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2007.
- Language Note:
- English
- Summary:
- This paper assesses how various types of financial risk such as credit risk, market risk, and liquidity risk affect banking stability in the ten countries that joined the European Union most recently, and eight neighboring countries. It also examines how the quality of supervisory standards may have mitigated the vulnerabilities arising from these risk factors. Using panel data, the study finds substantial variation in the impacts of financial risks, the macroeconomic environment, and supervisory standards on banks' risk profile across different country clusters. Credit quality is of general concern especially in circumstances where credit growth is accelerating.
- Contents:
- Contents; I. Introduction; II. Literature Survey; Figures; 1. Credit Growth in Europe, End-2004; Tables; 1. Bank Ownership in Selected CEE Countries, 2003; III. Methodology; IV. Regional Variation in the Data; 2. Variable Description; 2. Mean of Z-Index and its Components; 3. Mean of Macroeconomic Background; 4. Mean of Banking Characteristics; 5. Mean of Regulatory Indices; V. Empirical Results; 3. Risks and Stability; 4. Components of z_rol; 5. Regional Credit Risk; VI. Concluding Remarks; Appendix Tables; 6. Sources of Risk and Risk-Mitigation Practices; 7. Standards and Codes; References
- Notes:
- "October 2007".
- Includes bibliographical references.
- Description based on print version record.
- ISBN:
- 9786613828897
- 9781462377008
- 1462377009
- 9781451986297
- 1451986297
- 9781283516440
- 1283516446
- 9781451912647
- 1451912641
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