A Network Analysis of Sectoral Accounts

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513509292
Total Pages : 41 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis A Network Analysis of Sectoral Accounts by : Luiza Antoun de Almeida

Download or read book A Network Analysis of Sectoral Accounts written by Luiza Antoun de Almeida and published by International Monetary Fund. This book was released on 2015-05-19 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis highlighted that balance sheet exposures can be a major shock transmission channel. Using sectoral accounts data in combination with data from the Coordinated Portfolio Investment Survey, International Investment Position, and BIS this paper estimates bilateral exposures between financial and non-financial sectors in three different financial instruments within and across G-4 economies (Euro Area, Japan, U.K. and U.S.). The generated financial networks represent a powerful tool for assessing financial stability, as they allow for the identification of systemically important sectors. The analysis suggests that after the financial crisis bilateral exposures in debt securities have increased, while exposures in loans and equities have declined. Shock simulations reveal that the vulnerability of the financial sector to the government sector has increased considerably since the outbreak of the financial crisis.

Data Science for Economics and Finance

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Author :
Publisher : Springer Nature
ISBN 13 : 3030668916
Total Pages : 357 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Data Science for Economics and Finance by : Sergio Consoli

Download or read book Data Science for Economics and Finance written by Sergio Consoli and published by Springer Nature. This book was released on 2021 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book covers the use of data science, including advanced machine learning, big data analytics, Semantic Web technologies, natural language processing, social media analysis, time series analysis, among others, for applications in economics and finance. In addition, it shows some successful applications of advanced data science solutions used to extract new knowledge from data in order to improve economic forecasting models. The book starts with an introduction on the use of data science technologies in economics and finance and is followed by thirteen chapters showing success stories of the application of specific data science methodologies, touching on particular topics related to novel big data sources and technologies for economic analysis (e.g. social media and news); big data models leveraging on supervised/unsupervised (deep) machine learning; natural language processing to build economic and financial indicators; and forecasting and nowcasting of economic variables through time series analysis. This book is relevant to all stakeholders involved in digital and data-intensive research in economics and finance, helping them to understand the main opportunities and challenges, become familiar with the latest methodological findings, and learn how to use and evaluate the performances of novel tools and frameworks. It primarily targets data scientists and business analysts exploiting data science technologies, and it will also be a useful resource to research students in disciplines and courses related to these topics. Overall, readers will learn modern and effective data science solutions to create tangible innovations for economic and financial applications.

Cross-Border Financial Surveillance

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1455200646
Total Pages : 29 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis Cross-Border Financial Surveillance by : Marco A Espinosa-Vega

Download or read book Cross-Border Financial Surveillance written by Marco A Espinosa-Vega and published by International Monetary Fund. This book was released on 2010-04-01 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective cross-border financial surveillance requires the monitoring of direct and indirect systemic linkages. This paper illustrates how network analysis could make a significant contribution in this regard by simulating different credit and funding shocks to the banking systems of a number of selected countries. After that, we show that the inclusion of risk transfers could modify the risk profile of entire financial systems, and thus an enriched simulation algorithm able to account for risk transfers is proposed. Finally, we discuss how some of the limitations of our simulations are a reflection of existing information and data gaps, and thus view these shortcomings as a call to improve the collection and analysis of data on cross-border financial exposures.

Interconnectedness and Contagion Analysis: A Practical Framework

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513517856
Total Pages : 49 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Interconnectedness and Contagion Analysis: A Practical Framework by : Mrs.Jana Bricco

Download or read book Interconnectedness and Contagion Analysis: A Practical Framework written by Mrs.Jana Bricco and published by International Monetary Fund. This book was released on 2019-10-11 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis of interconnectedness and contagion is an important part of the financial stability and risk assessment of a country’s financial system. This paper offers detailed and practical guidance on how to conduct a comprehensive analysis of interconnectedness and contagion for a country’s financial system under various circumstances. We survey current approaches at the IMF for analyzing interconnectedness within the interbank, cross-sector and cross-border dimensions through an overview and examples of the data and methodologies used in the Financial Sector Assessment Program. Finally, this paper offers practical advice on how to interpret results and discusses potential financial stability policy recommendations that can be drawn from this type of in-depth analysis.

Balance Sheet Network Analysis of Too-Connected-to-Fail Risk in Global and Domestic Banking Systems

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1455200662
Total Pages : 27 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis Balance Sheet Network Analysis of Too-Connected-to-Fail Risk in Global and Domestic Banking Systems by : Mr.Jorge A. Chan-Lau

Download or read book Balance Sheet Network Analysis of Too-Connected-to-Fail Risk in Global and Domestic Banking Systems written by Mr.Jorge A. Chan-Lau and published by International Monetary Fund. This book was released on 2010-04-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2008/9 financial crisis highlighted the importance of evaluating vulnerabilities owing to interconnectedness, or Too-Connected-to-Fail risk, among financial institutions for country monitoring, financial surveillance, investment analysis and risk management purposes. This paper illustrates the use of balance sheet-based network analysis to evaluate interconnectedness risk, under extreme adverse scenarios, in banking systems in mature and emerging market countries, and between individual banks in Chile, an advanced emerging market economy.

A Network Analysis of Sectoral Accounts

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513523104
Total Pages : 41 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis A Network Analysis of Sectoral Accounts by : Luiza Antoun de Almeida

Download or read book A Network Analysis of Sectoral Accounts written by Luiza Antoun de Almeida and published by International Monetary Fund. This book was released on 2015-05-19 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis highlighted that balance sheet exposures can be a major shock transmission channel. Using sectoral accounts data in combination with data from the Coordinated Portfolio Investment Survey, International Investment Position, and BIS this paper estimates bilateral exposures between financial and non-financial sectors in three different financial instruments within and across G-4 economies (Euro Area, Japan, U.K. and U.S.). The generated financial networks represent a powerful tool for assessing financial stability, as they allow for the identification of systemically important sectors. The analysis suggests that after the financial crisis bilateral exposures in debt securities have increased, while exposures in loans and equities have declined. Shock simulations reveal that the vulnerability of the financial sector to the government sector has increased considerably since the outbreak of the financial crisis.

Green Industrial Restructuring

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3662044196
Total Pages : 458 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Green Industrial Restructuring by : Manfred Binder

Download or read book Green Industrial Restructuring written by Manfred Binder and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting from this dematerialization hypothesis, for the first time comparative case-studies analyse in detail the driving forces of industrial restructuring of different industries and countries in Europe where such a decline has been observed at least temporarily.

Global Flow of Funds Analysis

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Author :
Publisher : Springer Nature
ISBN 13 : 9819710294
Total Pages : 311 pages
Book Rating : 4.8/5 (197 download)

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Book Synopsis Global Flow of Funds Analysis by : Nan Zhang

Download or read book Global Flow of Funds Analysis written by Nan Zhang and published by Springer Nature. This book was released on with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Assessing the Fragility of Global Trade

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475584113
Total Pages : 38 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Assessing the Fragility of Global Trade by : Ms.Yevgeniya Korniyenko

Download or read book Assessing the Fragility of Global Trade written by Ms.Yevgeniya Korniyenko and published by International Monetary Fund. This book was released on 2017-03-03 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Anecdotal evidence suggests the existence of specific choke points in the global trade network revealed especially after natural disasters (e.g. hard drive components and Thailand flooding, Japanese auto components post-Fukushima, etc.). Using a highly disaggregated international trade database we assess the spillover effects of supply shocks from the import of specific goods. Our goal is to identify inherent vulnerabilities arising from the composition of a country’s import basket and to propose effective mitigation policies. First, using network analysis tools we develop a methodology for evaluating and ranking the supply fragility of individual traded goods. Next, we create a country-level measure to determine each country’s supply shock vulnerability based on the composition of their individual import baskets. This measure evaluates the potential negative supply shock spillovers from the import of each good.

Bank Network Analysis in the ECCU

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484367502
Total Pages : 32 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Bank Network Analysis in the ECCU by : Mr.Balazs Csonto

Download or read book Bank Network Analysis in the ECCU written by Mr.Balazs Csonto and published by International Monetary Fund. This book was released on 2018-07-12 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper applies network analysis to assess the extent of systemic vulnerabilities in the ECCU banking system. It includes two sets of illustrative stress tests. First, solvency and liquidity shocks to each individual bank and the impact on other banks in the network through their biltareal net asset exposures. Second, country and region-wide tail shocks to GDP affecting capital and liquidity of all banks in the shocked jurisdictions, followed by the rippling effects through the regional network. The results identify systemic institutions that merit hightened attention by the regulator, as determined by the degree of connectivity with the rest of the system, and the extent to which they are vulnerable to the failure of other banks.

Social Network Analysis and Education

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Author :
Publisher : SAGE Publications
ISBN 13 : 1483303519
Total Pages : 345 pages
Book Rating : 4.4/5 (833 download)

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Book Synopsis Social Network Analysis and Education by : Brian V. Carolan

Download or read book Social Network Analysis and Education written by Brian V. Carolan and published by SAGE Publications. This book was released on 2013-03-14 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Network Analysis and Education: Theory, Methods & Applications provides an introduction to the theories, methods, and applications that constitute the social network perspective. Unlike more general texts, this applied title is designed for those current and aspiring educational researchers learning how to study, conceptualize, and analyze social networks. Brian V. Carolan's main intent is to encourage you to consider the social network perspective in light of your emerging research interests and evaluate how well this perspective illuminates the social complexities surrounding educational phenomena. Relying on diverse examples drawn from the educational research literature, this book makes explicit how the theories and methods associated with social network analysis can be used to better describe and explain the social complexities surrounding varied educational phenomena.

Network Policy Making within the Turkish Health Sector

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Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1838670963
Total Pages : 180 pages
Book Rating : 4.8/5 (386 download)

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Book Synopsis Network Policy Making within the Turkish Health Sector by : Julinda Hoxha

Download or read book Network Policy Making within the Turkish Health Sector written by Julinda Hoxha and published by Emerald Group Publishing. This book was released on 2020-03-13 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents findings produced by micro- and meso-level analysis of policy networks using the Turkish context as a new case study and demonstrates that networks have become an integral part of the practice of policy making within the Turkish health sector.

Flow of Funds Analysis

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Author :
Publisher : Springer Nature
ISBN 13 : 981157720X
Total Pages : 423 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Flow of Funds Analysis by : Nan Zhang

Download or read book Flow of Funds Analysis written by Nan Zhang and published by Springer Nature. This book was released on 2020-08-31 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the theory, methods, and applications of flow of funds analysis. The book integrates the basic principles of economic statistics, financial accounts, international finance, econometric models, and financial network analysis, providing a systematic and comprehensive introduction to the interconnection between these research fields. It thus provides the reader with the intellectual groundwork indispensable for understanding the workings and interactions of today’s globalized financial markets. The main focus of the book is how to observe the flow of funds in macroeconomics, how to measure the global flow of funds (GFF), and how to use GFF data to carry out an analysis. Based on the statistical framework for measuring GFF under the System of National Accounts, the book identifies the systematic relationship of financial linkages among economic sectors and with the rest of the world while integrating data sources that include stock data, geographically broken down by country–region, and selected financial instruments. It sets out the GFF concept and constructs a GFF matrix (metadata) on a from-whom-to-whom basis within a country-by-country pattern. Lastly, an established GFF matrix table is used to conduct an empirical study including an econometric model and financial network analysis.

Balance Sheet Analysis in Fund Surveillance

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498344453
Total Pages : 50 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Balance Sheet Analysis in Fund Surveillance by : International Monetary Fund

Download or read book Balance Sheet Analysis in Fund Surveillance written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-12-06 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Balance sheets convey vital information about economic prospects and risks. Balance sheet analysis captures the role that financial frictions and mismatches play in creating fragility and amplifying shocks. This is key to understanding the macroeconomic outlook, identifying vulnerabilities, and tracing the transmission of potential shocks and policies. This paper reviews the use of balance sheet analysis in the Fund’s bilateral surveillance and introduces some practical examples of how it can be deepened. Recent evaluations of IMF surveillance––including the 2014 TSR––have emphasized the importance of strengthening balance sheet analysis and coverage of macro-financial issues. This paper is a first step that highlights useful examples of such analysis conducted by staff over the last decade, documents the data and tools that have been used, and mentions some limitations. In addition, it discusses recent improvements in the coverage and quality of balance sheet data through initiatives launched in the wake of the global crisis, as well as key remaining gaps, addressing which requires international collaboration.

Financial Crises, Macroeconomic Shocks, and the Government Balance Sheet: A Panel Analysis

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Publisher : International Monetary Fund
ISBN 13 : 1484352769
Total Pages : 55 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Financial Crises, Macroeconomic Shocks, and the Government Balance Sheet: A Panel Analysis by : Matteo Ruzzante

Download or read book Financial Crises, Macroeconomic Shocks, and the Government Balance Sheet: A Panel Analysis written by Matteo Ruzzante and published by International Monetary Fund. This book was released on 2018-04-24 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government financial assets are increasingly recognized as playing an important role in assessing fiscal sustainability. However, very little research has been done on the dynamics of government financial assets compared to liabilities. In this paper, we investigate the impact of recent financial crises and macroeconomic shocks on government balance sheets, decomposing the separate effects on financial assets and liabilities. Using quarterly Government Finance Statistics (GFS) data, we analyze a panel of 27 countries over the period 1999Q1-2017Q1 through fixed effects and panel VAR techniques. Financial crises are shown to deteriorate the net financial worth of governments, but no significant impact is found on assets suggesting that they are not being used as fiscal buffers in bad times. On the contrary, countries that suffered both financial and banking crises experienced an “artificial” increase of their asset position through bank bailouts. Macroeconomic shock analyses reveal that government balance sheet items are countercyclical, but important asymmetries are found in their dynamics.

Understanding Financial Accounts

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264281282
Total Pages : 424 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis Understanding Financial Accounts by : OECD

Download or read book Understanding Financial Accounts written by OECD and published by OECD Publishing. This book was released on 2017-11-06 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Financial Accounts seeks to show how a range of questions on financial developments can be answered with the framework of financial accounts and balance sheets, by providing non-technical explanations illustrated with practical examples.

Network Theory in the Public Sector

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Author :
Publisher : Routledge
ISBN 13 : 1135013241
Total Pages : 247 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis Network Theory in the Public Sector by : Robyn Keast

Download or read book Network Theory in the Public Sector written by Robyn Keast and published by Routledge. This book was released on 2013-10-23 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Networks have been described in terms of metaphors, governance arrangements and structural or institutional arrangements. These different perspectives of networks come out of a variety of disciplines, including political science, public administration, urban affairs, social welfare, public management and organizational/sociological research. This wealth of research, while contributing to a deeper understanding of networks, presents a dilemma which is addressed by this book. That is the question of whether there is a theory of public networks that informs networks in their various forms, and is there a need for a new theory of networks? More importantly, is network research still relevant to practice? Does network theory improve the process of governance? Are different terms and/or approaches actually the same or different? What do these different approaches mean to theory? This book deeply explores and integrates existing network theory and related theories from a number of perspectives, levels and jurisdictions to develop a framework to guide network design, governance and management. The book focuses on the important issue of network performance, looking at networks as bounded and consciously arranged; the actors who participate in them design the relationships among a bounded set of individual organizations to purse common objectives. Finally, the chapters tease out the variety of governance modes or regimes that intersect with network governance. This book offers a comprehensive, integrative, interdisciplinary approach that enables specialists, practitioners and administrators across a wide array of interests and fields to formulate and work on problems using a common language, analytical framework and theoretical basis.