Dieter Gramlich

Working Papers

• Working Paper

  Evaluating the Information Value for Measures of Systemic Conditions

  Mikhail V. Oet John Dooley Dieter Gramlich Peter Sarlin Stephen J. Ong
  08.04.2015 | WP 15-13
  This paper provides a general-purpose evaluation framework for assessing the information value of measures of systemic conditions.
• Working Paper

  Policy in Adaptive Financial Markets—The Use of Systemic Risk Early Warning Tools

  Mikhail V. Oet Stephen J. Ong Dieter Gramlich
  05.31.2013 | WP 13-09
  How can a systemic risk early warning system (EWS) facilitate the financial stability work of policymakers?
  
  Topics: Financial stability
  
• Working Paper

  Financial Stress Index: A Lens for Supervising the Financial System

  Timothy Bianco Dieter Gramlich Mikhail V. Oet Stephen J. Ong
  12.26.2012 | WP 12-37
  This paper develops a new financial stress measure (Cleveland Financial Stress Index, CFSI) that considers the supervisory objective of identifying risks to the stability of the financial system.
  
  Topics: Financial stability
  
• Working Paper

  The Financial Stress Index: Identification of Systemic Risk Conditions

  Mikhail V. Oet Ryan Eiben Timothy Bianco Dieter Gramlich Stephen J. Ong
  11.09.2011 | WP 11-30R3
  This paper develops a financial stress index for the United States, the CFSI, which provides a continuous signal of financial stress and broad coverage of the areas that could indicate it.
  
  Topics: Financial policy and implementation
  
• Working Paper

  SAFE: An Early Warning System for Systemic Banking Risk

  Mikhail V. Oet Ryan Eiben Timothy Bianco Dieter Gramlich Stephen J. Ong Jing Wang
  11.01.2011 | WP 11-29
  This paper builds on existing microprudential and macroprudential early warning systems to develop a new class of models for systemic risk.
  
  Topics: Financial policy and implementation