Our Global Impact

Our data is cited by

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International Monetary Fund (IMF)

Publications from International Monetary Fund that use our data

Corporate Quarterly Model. This paper details on IMF quarterly corporate risk model, which examines systemic non-financial corporate sector distress using firm-level probabilities of default (PD), covering 55 economies, and spanning the last three decades.
Chan-Lau, J.A. et al., 2017, Bottom-Up Default Analysis of Corporate Solvecy Risk: An Application to Latin America. IMF Working Paper 17/133.
Chan-Lau, J.A., 2021, Scenario Analysis with the DD-PD Mapping Approach: Stock Market Shocks and U.S. Corporate Default Risk. IMF Working Paper 2021/143.
IMF, 2021a, 2021 Financial Sector Assessment Program Review = Background Paper on Quantitative Analysis, IMF Policy Paper, Washington, D.C.
2021b, People’s Republic of China – Hong Kong Special Administrative Region, Financial Sector Assessment Program, Technical Note – Stress Testing the Banking Sector and Systemic Risk Analysis, June, Washington, D.C. Available at
2021c, How to Assess Country Risk: the Vulnerability Exercise Approach Using Machine Learning. Technical Notes and Manuals.
2020a, Republic of Korea, Financial Sector Assessment Program, Technical Note – Non-financial Balance Sheet Vulnerabilities and Risks to Financial Stability, September, Washington, D.C.
2020b, Regional Economic Outlook, October 2020, Middle East and Central Asia, Chapter 2.
2020c, Regional Economic Outlook, October 2020, Middle East and Central Asia. Technical Annex.
2019, Singapore, Financial Sector Assessment Program, Technical Note –Financial Stability Analysis and Stress Testing, July, Washington, D.C.
2017a, Japan, Financial Sector Assessment Program, Technical Note – Systemic Risk Analysis and Stress Testing the Financial Sector, September, Washington, D.C.
2017b, Indonesia, Financial System Stability Assessment – Press Release and Statement by the Executive Director for Indonesia, Washington, D.C.
2016a, Chile: 2016 Article IV Consultation – Press Release; Staff Report; and Statement by the Executive Director for Chile.
2016b, Canada: 2016 Article IV Consultation – Press Release; and Staff Report.
2016c, United Arab Emirates: Selected Issues.
2016d, Regional Economic Outlook, April 2016, Western Hemisphere, Chapter 3.
Iossifov, P.K., and T. Dutra-Schmidt, 2021, Cyclical Patterns of Systemic Risk Metrics: Cross-Country Analysis. IMF Working Paper 2021/028.
Loukoianova, E. et al., 2018, Managing Macro-Financial Linkages. Chapter 12 in L. Breuer, J. Guajardo, and T. Kinda, Realizing Indonesia’s Economic Potential. International Monetary Fund.
Miyajima, K., J. A.Chan-Lau, W. Miao, J. Shin, 2017, Assessing Corporate Vulnerabilities in Indonesia: a Bottom-Up Default Analysis. Asia-Pacific Financial Markets 24, 269–289.

Monetary Authority of Singapore (MAS)

Publications from Monetary Authority of Singapore that use our data

Moody's Analytics: MAS Report Reviews Stability of Financial Sector in Singapore, Dec 06, 2021
Macroeconomic Surveillance Dept. (2021). Financial Stability Review 2021 (No. 2021; Financial Stability Review, pp. 88–98). Monetary Authority of Singapore.
Macroeconomic Surveillance Dept. (2022). Financial Stability Review 2022 (No. 2022; Financial Stability Review, pp. 22–23). Monetary Authority of Singapore.

ASEAN+3 Macroeconomic Research Office (AMRO)

Publications from ASEAN+3 Macroeconomic Research Office that use our data

Ong, L. L., Siu, M. F. Y., & Laura Grace Gabriella. (2022). Capital Flow Management and Macroprudential Policy Measures in the ASEAN+3: Initial Recommendations ((PPP/22–01); Policy Position Paper). ASEAN+3 Macroeconomic Research Office.
The Winds of War: Spillovers from the Russia-Ukraine Conflict to ASEAN+3 Banking Systems (Analytical Note). (2022). ASEAN+3 Macroeconomic Research Office.
The Failure of Archegos Capital Management: Estimating Potential Spillovers to ASEAN+3 Financial Systems (Analytical Note). (2021). ASEAN+3 Macroeconomic Research Office.
AMRO Annual Consultation Report China—2020 (AMRO Annual Consultation Report). (2021). ASEAN+3 Macroeconomic Research Office.
Sun, W. (2020). Covid, Credit, and Contagion Risks to ASEAN+3 Financial Systems (Analytical Note). ASEAN+3 Macroeconomic Research Office.
- Slides: https://www.amro-asia.org/wp-content/uploads/2020/12/Covid-Credit-and-Contagion_4th-RFA-Research-Seminar.pdf
AMRO Annual Consultation Report China—2019 (AMRO Annual Consultation Report). (2020). ASEAN+3 Macroeconomic Research Office.

World Bank

Publications from World Bank that use our data

Feyen, E., & Zuccardi, I. (2019). The Sovereign-Bank Nexus in EMDEs: What Is It, Is It Rising, and What Are the Policy Implications? [Working Paper]. World Bank.

European Systemic Risk Board (ESRB)

Publications from European Systemic Risk Board that use our data

Zheng, H., & Schwenkler, G. (2020). The network of firms implied by the news (2586097211; Working Paper No. 108; ESRB Working Paper Series). European Systemic Risk Board; ABI/INFORM Collection; Publicly Available Content Database.

American Academy of Actuaries (AAA)

Publications from American Academy of Actuaries that use our data

The Probability of Default Model for Insurance Companies in the United States of America, Canada, and France (Full Text) American Academy of Actuaries, May 18, 2023.

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