RT info:eu-repo/semantics/article
T1 Systemic risk and macro-financial interconnectedness using an FSAM framework
A1 Pedauga Sánchez, Luis Enrique
A1 Velazquez, Agustin
A1 Hernández Perdomo, Elvis
A2 Economia Aplicada
K1 Economía
K1 Estadística
K1 Finanzas
K1 Financial social accounting matrix
K1 Interlinkages
K1 Structural path analysis
K1 Hypothetical extraction method
K1 Fixed-price multiplier model
AB [EN] Weprovide a general framework to assess the traceability of systemicrisk and macro interconnectedness to understand the financial risktransmissions channels. Our contribution help address the informationneed established in the DGI-2 in a FSAM-based model that fullycaptures the interconnectedness between real and financial sectors.Recent developments in the field of IO and SAM evaluations have ledto a renewed interest in the usage of linkage analysis to measure therole that a sector play within the economy. Focusing on the backwardand forward linkage, hypothetical extraction method, and structuralpath analysis, we show how feasible it is to include heterogeneousfinancial institutions to study risk interactions effects on macroeconomicoutcomes. This paper’s proposal may be useful for thinkingabout how micro-data and macro-aggregates can be incorporatedinto the set of financial soundness indicators, allowing to obtain anidea of the vulnerabilities of the financial sector.
PB Taylor & Francis
SN 0953-5314
LK https://hdl.handle.net/10612/19927
UL https://hdl.handle.net/10612/19927
NO Belitski, M., Delgado-Márquez, B. L., y Pedauga, L. E. (2024). Your innovation or mine? The effects of partner diversity on product and process innovation. Journal of Product Innovation Management, 41(1), 112–137. https://doi.org/10.1111/JPIM.12696
DS BULERIA. Repositorio Institucional de la Universidad de León
RD 05-jun-2024