A Generalized Framework For The Assessment Of Household Financial Vulnerability

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A Generalized Framework For The Assessment Of Household Financial Vulnerability
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Author : Mindaugas Leika
language : en
Publisher: International Monetary Fund
Release Date : 2017-11-07
A Generalized Framework For The Assessment Of Household Financial Vulnerability written by Mindaugas Leika and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-07 with Business & Economics categories.
Household financial fragility has received considerable attention following the global financial crisis, but substantial gaps remain in the analytical underpinnings of household financial vulnerability assessment, as well as in data availability. This paper aims at integrating the contributions in the literature in a coherent fashion. The study proposes also analytical and estimation extensions aimed at improving the quality of estimates and allowing the assessment of household financial vulnerability in presence of data limitations. The result of this effort is a comprehensive framework, that has wide applicability to both advanced and developing economies. For illustrative purposes the paper includes a detailed application to one developing country (Namibia).
A Generalized Framework For The Assessment Of Household Financial Vulnerability
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Author : Mindaugas Leika
language : en
Publisher: International Monetary Fund
Release Date : 2017-11-07
A Generalized Framework For The Assessment Of Household Financial Vulnerability written by Mindaugas Leika and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-07 with Business & Economics categories.
Household financial fragility has received considerable attention following the global financial crisis, but substantial gaps remain in the analytical underpinnings of household financial vulnerability assessment, as well as in data availability. This paper aims at integrating the contributions in the literature in a coherent fashion. The study proposes also analytical and estimation extensions aimed at improving the quality of estimates and allowing the assessment of household financial vulnerability in presence of data limitations. The result of this effort is a comprehensive framework, that has wide applicability to both advanced and developing economies. For illustrative purposes the paper includes a detailed application to one developing country (Namibia).
Financial Vulnerability In Canada
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Author : Jerry Buckland
language : en
Publisher: Springer Nature
Release Date : 2022-03-02
Financial Vulnerability In Canada written by Jerry Buckland and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-02 with Business & Economics categories.
This book examines financial vulnerability: a state in which a person or household cannot absorb any substantial spending or negative income shock without substantial financial and ultimately broader harm such as job loss, emotional harm, or mental illness. The focus of the book is on the experiences of low- income and modest income Canadian families – families which, by virtue of being in the lower income brackets, are particularly at risk of experiencing financial hardship. Looking at vulnerability from a conceptual and empirical lens, this book offers a framework to better understand the complex and interdependent ways in which financial vulnerability emerge and can be addressed. By locating its analysis of individual and household financial management in wider community, cultural, and economic contexts, this book seeks to offer holistic policy recommendations to reduce financial vulnerability, with implications that go beyond Canada and to other developed countries.
Oecd Economic Survey Of The United States Key Research Findings
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2019-01-08
Oecd Economic Survey Of The United States Key Research Findings written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-08 with categories.
This volume collects four studies that were prepared as background research to the 2018 OECD Economic Survey of the United States. Using micro-data survey responses, regional and sectorial data, these studies seek to provide insights into employment responds to labour market disruption ...
Proceedings Of The International Conference On Sustainable Collaboration In Business Technology Information And Innovation Scbtii 2024
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Author : Suhal Kusairi
language : en
Publisher: Springer Nature
Release Date : 2024-11-16
Proceedings Of The International Conference On Sustainable Collaboration In Business Technology Information And Innovation Scbtii 2024 written by Suhal Kusairi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-16 with Business & Economics categories.
This is an open access book. Global growth has lost momentum. On average, GDP growth has declined from more than 2% in advanced economies and nearly 6% in emerging and developing economies in the early 2000s to less than 1.5% and less than 2% post-COVID period. A succession of crises has compounded this sustained slowdown in growth. It has been more than a decade since the beginning of the global financial crisis, yet it continues to cast a shadow, not least in the policy choices of many advanced economies. The COVID-19 pandemic and the shock of lockdowns left behind an aftermath of a surge in public debt levels and a reversal of global development progress. Geopolitical tensions and conflicts have further reshaped an increasingly multipolar international order, with far-reaching implications for technology, growth, and development. Overshadowing these developments is the growing awareness that the world’s rising temperature poses grave dangers to the long-term prospects for humanity, with the world currently on track for a temperature rise significantly above the targets set out in the Paris Agreement in 2015. The critical question for this pivotal moment is not whether the world still needs economic growth but how that growth is achieved and whether it is aligned with other important national and global priorities. Against this backdrop, universities are essential in educating and providing professional human resources and conducting high-quality research that benefits humanity. However, universities must play a significant role and be innovative and creative in engaging and supporting the development opportunities and consolidation of the global community. To embark on this role effectively, universities must always foster communication and discussion among stakeholders under the Sustainability Development Goals (SDGs). Academia, Government, Business, and Communities must increasingly cooperate to achieve academic and research excellence and constructive solutions to current business and economic issues. Sustainable Collaboration in Business, Information, and Innovation (SCBTII) 2024 is an international conference that brings together academics, professionals, entrepreneurs, researchers, learners, and other associated groups from all over the world that are interested in theories, as well as practices in the field of the digital economy for global competitiveness. This conference provides opportunities for presenters and participants to exchange new ideas and experiences, create research relationships, and find international partners for future collaboration to respond to economic, business, social, and technological development challenges successfully and effectively for better life and well-being.
What Drives Mortgage Default Risk In Europe And The U S
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Author : Mr. Marco Gross
language : en
Publisher: International Monetary Fund
Release Date : 2022-04
What Drives Mortgage Default Risk In Europe And The U S written by Mr. Marco Gross and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04 with Business & Economics categories.
We present an analysis of the sensitivity of household mortgage probabilities of default (PDs) and loss given default (LGDs) on unemployment rates, house price growth, interest rates, and other drivers. A structural micro-macro simulation model is used to that end. It is anchored in the balance sheets and income-expense flow data from about 95,000 households and 230,000 household members from 21 EU countries and the U.S. We present country-specific nonlinear regressions based on the structural model simulation-implied relation between PDs and LGDs and their drivers. These can be used for macro scenario-conditional forecasting, without requiring the conduct of the micro simulation. We also present a policy counterfactual analysis of the responsiveness of mortgage PDs, LGDs, and bank capitalization conditional on adverse scenarios related to the COVID-19 pandemic across all countries. The economics of debt moratoria and guarantees are discussed against the background of the model-based analysis.
Climate Change And Agricultural System Response
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Author : Dingde Xu
language : en
Publisher: Frontiers Media SA
Release Date : 2022-10-07
Climate Change And Agricultural System Response written by Dingde Xu and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-07 with Science categories.
Namibia
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Author : International Monetary Fund. African Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2016-12-08
Namibia written by International Monetary Fund. African Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-08 with Business & Economics categories.
This 2016 Article IV Consultation highlights that Namibia has experienced remarkable growth and economic progress since the financial crisis. Strong policy frameworks and expansionary domestic policies have contributed to macroeconomic stability, robust growth, and rising living standards. Yet deep-rooted structural impediments have kept unemployment high and unresponsive to growth, contributing to persistently high inequality. The outlook remains positive with considerable vulnerabilities and risks. Growth is projected to temporarily weaken to 1.6 percent in 2016 as the construction of large mines ends and the government starts consolidating.
Singapore
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Author : International Monetary Fund. Monetary and Capital Markets Department
language : en
Publisher: International Monetary Fund
Release Date : 2019-07-15
Singapore written by International Monetary Fund. Monetary and Capital Markets Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-15 with Business & Economics categories.
This technical note Financial Stability Analysis and Stress Testing on Singapore contributes to the assessment of the stability and soundness of the financial sector with a comprehensive set of risk analyses. The work combines an examination of key risk indicators with detailed stress tests, which simulate the health of banks, insurers, nonfinancial corporates and households under severe yet plausible (counterfactual) adverse scenarios. Scenarios include global financial market turmoil, a major slowdown of economic activity in China, cyber-attacks and extreme flooding. The analyses include simulations of contagion within the international banking network, within the domestic banking system and between different types of financial institutions in the financial system. The stress tests reveal that the financial system is broadly resilient to severe adverse shocks; however, foreign exchange liquidity is a key vulnerability. The analyses suggest that Monetary Authority of Singapore should continue strengthening its surveillance by closing data gaps and developing its analytical tools. Further data collection on domestic interlinkages, household mortgage debt at the borrower level, insurers’ balance sheets would enhance surveillance.
Learning From Economic Downturns
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Author : Xiaohui Hou
language : en
Publisher: World Bank Publications
Release Date : 2013-10-11
Learning From Economic Downturns written by Xiaohui Hou and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-11 with Medical categories.
This book builds on the lessons of the most recent global financial crisis, especially in Europe and Central Asia and proposes a more effective role for the health sector as part of a safety net function and as a stabilizer for the population during a crisis.