Finding the Bad Apples in the Barrel : Using the Market Value of Equity to Signal Banking Sector Vulnerabilities / Will Kerry.

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Bibliographic Details
Online Access: Full Text (via IMF e-Library)
Main Author: Kerry, Will
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF working paper ; WP/2019/180.

MARC

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245 1 0 |a Finding the Bad Apples in the Barrel :   |b Using the Market Value of Equity to Signal Banking Sector Vulnerabilities /  |c Will Kerry. 
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520 3 |a This paper measures the performance of different metrics in assessing banking system vulnerabilities. It finds that metrics based on equity market valuations of bank capital are better than regulatory capital ratios, and other metrics, in spotting banks that failed (bad apples). This paper proposes that these market-based ratios could be used as a surveillance tool to assess vulnerabilities in the banking sector. While the measures may provide a somewhat fuzzy signal, it is better to have a strategy for identifying bad apples, even if sometimes the apples turn out to be fine, than not being able to spot any bad apples before the barrel has been spoiled. 
588 |a Description based on print version record. 
776 0 8 |i Print Version:  |a Kerry, Will  |t Finding the Bad Apples in the Barrel: Using the Market Value of Equity to Signal Banking Sector Vulnerabilities  |d Washington, D.C. : International Monetary Fund, 2021.  |z 9781513511030. 
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