Mapping Financial Stability

2014
ISBN: 978-3-642-54955-7
Verlag: Springer

Buch, Englisch, 233 Seiten, HC runder Rücken kaschiert, Format (B × H): 160 mm x 241 mm, Gewicht: 5486 g

Reihe: Computational Risk Management

This book approaches macroprudential oversight from the viewpoint of three tasks. The focus concerns a tight integration of means for risk communication into analytical tools for risk identification and risk assessment. Generally, this book explores approaches for representing complex data concerning financial entities on low-dimensional displays. Data and dimension reduction methods, and their combinations, hold promise for representing multivariate data structures in easily understandable formats.  Accordingly, this book creates a Self-Organizing Financial Stability Map (SOFSM), and lays out a general framework for mapping the state of financial stability. Beyond external risk communication, the aim of the visual means is to support disciplined and structured judgmental analysis based upon policymakers' experience and domain intelligence.

Zielgruppe

Research

Autoren/Hrsg.

Sarlin, Peter

Fachgebiete

• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationale Finanzmärkte
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Internationale Finanzmärkte
• Wirtschaftswissenschaften Betriebswirtschaft Management Risikomanagement

Inhaltsverzeichnis

Introduction.- Macroprudential Oversight.- Macroprudential Data.- Data and Dimension Reduction.- Data-Dimension Reductions: A Comparison.- Extending the SOM.- Self-Organizing Financial Stability Map (SOFSM).- Exploiting the SOFSM.- Decomposing Financial Crises with SOTMs.- Conclusions, Limitations and the Future.