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Journal of Financial Stability Vol. 2 No. 4 2007

Financial stability reviews: A first empirical analysis

Sander Oosterloo1,2; Jakob de Haan; Richard Jong-A-Pin

1 Ministry of Finance · 2 University of Groningen

Abstract

Between 1996 and 2005 the number of central banks that publish a financial stability review (FSR) increased from 1 to 40. A FSR may contribute to financial stability, increase accountability of authorities responsible for financial stability, and strengthen co-operation between the various authorities. The occurrence of a banking crisis in the past, income per capita, and European Union membership increase the likelihood that a FSR is published. The content of FSRs differs widely; on average only 33% of the indicators as suggested by the IMF is actually published. The amount of information provided seems unrelated to the health of the banking system.

DOI
10.1016/j.jfs.2006.11.001
Volume
2
Issue
4
Pages
337-355
Language
en
Sources
openalex crossref bibtex:phds-export.bib

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