ECB paper presents new financial crisis early warning system
Model aggregates five types of systemic risk indicator, researchers say
A new early warning system could detect systemic financial crises well in advance, according to a working paper published by the European Central Bank.
In Anticipating the bust: a new cyclical systemic risk indicator to assess the likelihood and severity of financial crises, Jan Hannes Lang, Cosimo Izzo, Stephan Fahr and Josef Ruzicka present what they call the domestic cyclical systemic risk indicator, or d-SRI.
The model aggregates five categories of systemic risk indicator. These measure
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com