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Financial Condition Assessment
British Actuarial Journal, 2001ABSTRACTThis paper explores an approach to assessing the adequacy of capital resources for non-life insurance companies. It examines the range of risks faced by these companies and the factors that influence the analysis of their impact on an organisation's financial condition.
J.P. Ryan +8 more
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Financial Conditions Indicator for Brazil [PDF]
This paper proposes a methodology for constructing a Financial Conditions Indicator (FCI) based on factor analysis and the approaches of Brave and Butters (2011) and Aramonte et al. (2013). A selected set of variables is used and their information content aggregated into a single index that summarizes the overall financial conditions of the economy ...
Wagner Piazza Gaglianone +1 more
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2006
Abstract A Monetary Conditions Index (MCI), a weighted average of the short-term interest rate and the exchange rate, has commonly been used, at least for open economies, as a composite measure of the stance of monetary policy. The MCI concept is based on empirical findings that inflationary pressures are determined by excess aggregate ...
Charles Goodhart, Boris Hofmann
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Abstract A Monetary Conditions Index (MCI), a weighted average of the short-term interest rate and the exchange rate, has commonly been used, at least for open economies, as a composite measure of the stance of monetary policy. The MCI concept is based on empirical findings that inflationary pressures are determined by excess aggregate ...
Charles Goodhart, Boris Hofmann
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Financial conditions and slow recoveries [PDF]
We present an RBC model with a collateral constraint whose tightness is randomly disturbed by a financial shock and evidence that such shock has become more persistent since 1980s. We show that this can be an important contributor to the recent slow recoveries, and a key mechanism may have to do with just-in-time-uses of labor and capital services in ...
Kevin x.d. Huang +3 more
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