A heatmap for the Peruvian financial market.
Por Chicana, Diego; Gerald Cisneros ; Rafael Nivin ; Derry Quintana ; Elmer Sánchez ; Diego Yamunaqué
November 2020
Idioma: Spanish
Keywords
- alerta temprana
- financial stability
- heatmap
Clasificación JEL:
- G01
- G12
- G21
- G23
- G28
Resumen:
The document proposes the development of a heatmap for the Peruvian financial market that serves as a risk monitoring tool to financial stability. This tool allows the identification of potential vulnerabilities in the capital markets, the banking system and the money market. Based on the methodology proposed by Aikman and others (2017), a heatmap was developed to characterize the episodes of financial stress in the Peruvian economy throughout the last 15 years. Likewise, the proposed heatmap can be used as an early warning tool to identify potential future financial stress events.