Author/Editor: Ivailo Arsov, Elie Canetti, Laura E Kodres, Srobona Mitra.

Release Date:May, 2013

The G-20 Data Gaps Initiative has called for the IMF to develop standard measures of tail risk, which we identify in this paper with systemic risk. To understand the conditions under which tail risk more...

Author/Editor: Rupert Worrell, Andrea M Maechler, Srobona Mitra.

Release Date:October, 2007

This paper assesses how various types of financial risk such as credit risk, market risk, and liquidity risk affect banking stability in the ten countries that joined the European Union most more...

Author/Editor: Jorge A Chan-Lau, Srobona Mitra, Li L Ong.

Release Date:April, 2007

In this paper, we use the extreme value theory (EVT) framework to analyze contagion risk across the international banking system. We test for the likelihood that an extreme shock affecting a major, more...

Author/Editor: Srobona Mitra.

Release Date:March, 2007

This paper derives an interest rate rule for monetary policy in which the interest rate response of the central bank toward an increase in expected inflation falls as debts increase beyond a certain more...

Author/Editor: Srobona Mitra, Elena Duggar.

Release Date:February, 2007

The large and growing international linkages of big Irish banks expose them to idiosyncratic shocks arising in other countries. We analyze international interdependencies of Irish banks-during both more...

Author/Editor: Sumio Ishikawa, Sibel Beadle, Damien Eastman, Srobona Mitra, Alejandro Lopez Mejia, Wafa Abdelati, Koji Nakamura, Il Houng Lee, Sònia Muñoz, Robert P Hagemann, David T Coe, Nadia Rendak.

Release Date:February, 2006

Cambodia's reconstruction and reform efforts have spanned almost 25 years following the Khmer Rouge period, which ended in 1979. Economic reforms began in earnest in the early 1990s, but reform more...