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Development of financial sectoral accounts: new opportunities and challenges for supporting financial stability analysis

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  • Bruno Tissot

Abstract

The development of financial sectoral accounts is high on the global policy agenda. These accounts have become a key part of the SNA Framework, drawing from the "traditional" description of real economic aggregates and augmented to present information on financial flows and positions. Several steps have been taken in recent years to refine some aspects of these statistics, with the ultimate goal of building "Integrated sectoral financial accounts". Such information can be instrumental in supporting financial stability analysis as highlighted during the Great Financial Crisis of 2007-09 and its aftermath. Further progress can be achieved by drawing on the "micro data revolution" currently underway, despite a number of challenges.

Suggested Citation

  • Bruno Tissot, 2016. "Development of financial sectoral accounts: new opportunities and challenges for supporting financial stability analysis," IFC Working Papers 15, Bank for International Settlements.
    • Handle: RePEc:bis:bisiwp:15
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    References listed on IDEAS

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    9. Christian Dembiermont & Michela Scatigna & Robert Szemere & Bruno Tissot, 2015. "A new database on general government debt," BIS Quarterly Review, Bank for International Settlements, September.
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    Cited by:

    1. Artak Harutyunyan & Carlos Sánchez Muñoz, 2019. "The IMF balance sheet approach: towards from-whom-to-whom information on cross-border portfolio securities," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Are post-crisis statistical initiatives completed?, volume 49, Bank for International Settlements.
    2. Dmitry Protsenko & Maria Vilkova & Edward Lambe & Bruno Tissot, 2019. "Business intelligence systems and central bank statistics," IFC Reports 9, Bank for International Settlements.

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    More about this item

    Keywords

    Financial accounts; financial stability; micro data; great financial crisis;
    All these keywords.

    JEL classification:

    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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