Addressing Interconnectedness : Concepts and Prudential Tools /

This paper reviews tools used to identify and measure interconnectedness and raises the awareness of policymakers as to potential cross-sectional implications of prudential tools aimed at controlling interconnectedness. The paper examines two sets of tools-developed at the IMF and externally-to iden...

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Bibliographic Details
Main Author: Arregui, Nicolas
Other Authors: Norat, Mohamed, Pancorbo, Antonio, Scarlata, Jodi
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/199
Online Access:Full text available on IMF
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245 1 0 |a Addressing Interconnectedness :   |b Concepts and Prudential Tools /  |c Nicolas Arregui, Mohamed Norat, Antonio Pancorbo, Jodi Scarlata. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper reviews tools used to identify and measure interconnectedness and raises the awareness of policymakers as to potential cross-sectional implications of prudential tools aimed at controlling interconnectedness. The paper examines two sets of tools-developed at the IMF and externally-to identify the implications of interconnectedness in systemic risk and how these tools have been applied in IMF surveillance. The paper then proposes a preliminary framework to analyze some key internationally-agreed-upon and national prudential tools and finds that while many prudential tools are effective in reducing interconnectedness, the interaction among these tools is far less clear cut. 
538 |a Mode of access: Internet 
700 1 |a Norat, Mohamed. 
700 1 |a Pancorbo, Antonio. 
700 1 |a Scarlata, Jodi. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2013/199 
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