TY - BOOK ID - 85503923 TI - Global Financial Stability Report, October 2017 : Is Growth at Risk?. PY - 2017 SN - 148432059X 1484320565 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Banks and Banking KW - Finance: General KW - Macroeconomics KW - Money and Monetary Policy KW - Industries: Financial Services KW - Real Estate KW - General Financial Markets: General (includes Measurement and Data) KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Aggregate Factor Income Distribution KW - Financial Crises KW - Monetary Policy, Central Banking, and the Supply of Money and Credit: General KW - General Financial Markets: Government Policy and Regulation KW - Financial Institutions and Services: General KW - Macroeconomics: Consumption KW - Saving KW - Wealth KW - Finance KW - Banking KW - Economic & financial crises & disasters KW - Monetary economics KW - Property & real estate KW - Emerging and frontier financial markets KW - Income KW - Global financial crisis of 2008-2009 KW - Credit KW - Financial markets KW - Money KW - National accounts KW - Financial crises KW - Financial sector risk KW - Financial sector policy and analysis KW - Global systemically important banks KW - Financial institutions KW - Consumption KW - Financial services industry KW - Banks and banking KW - Global Financial Crisis, 2008-2009 KW - Financial risk management KW - Economics KW - Housing KW - Prices KW - United States UR - https://www.unicat.be/uniCat?func=search&query=sysid:85503923 AB - The October 2017 Global Financial Stability Report finds that the global financial system continues to strengthen in response to extraordinary policy support, regulatory enhancements, and the cyclical upturn in growth. It also includes a chapter that examines the short- and medium-term implications for economic growth and financial stability of the past decades’ rise in household debt. It documents large differences in household debt-to-GDP ratios across countries but a common increasing trajectory that was moderated but not reversed by the global financial crisis. Another chapter develops a new macroeconomic measure of financial stability by linking financial conditions to the probability distribution of future GDP growth and applies it to a set of 20 major advanced and emerging market economies. The chapter shows that changes in financial conditions shift the whole distribution of future GDP growth. ER -