Financial Stability Review, November 2019.

<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<title>Financial Stability Review, November 2019</title>
</titleInfo>
<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080444242">
<namePart>Banco Central Europeo</namePart>
<nameIdentifier>MAPA20080444242</nameIdentifier>
</name>
<typeOfResource collection="yes">text</typeOfResource>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">deu</placeTerm>
</place>
<issuance>monographic</issuance>
<place>
<placeTerm type="text">Frankfurt</placeTerm>
</place>
<publisher>European Central Bank</publisher>
<dateIssued>2019</dateIssued>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
<internetMediaType>Electronic resource</internetMediaType>
</physicalDescription>
<abstract displayLabel="Summary">Macro-financial and credit environment - Weaker economic outlook amid elevated uncertainty - Near-term sovereign debt sustainability concerns mitigated by favourable financing conditions - Euro area households' resilience supported by low interest rates - Emerging pockets of corporate sector vulnerabilities - Diverging residential and commercial real estate cycles - Explaining cross-border transactions in euro area commercial real estate markets -- Financial Markets - Rally in safer asset markets - Riskier asset prices reliant on low rates -  Valuations in corporate bond and equity markets -- Euro area banking sector - Increased challenges to the profitability of the sector - Implications of bank misconduct costs for bank equity returns and valuations - Climate risk-related disclosures of banks and insurers and their market impact - Evaluating the resilience of the euro area banking sector - The ECB's new euro area banking sector macro-micro model -- Non-bank financial sector - Non-banks increased risk-taking while facing profitability challenges in the low interest rate environment - Investment funds and the transmission of the global financial cycle to the euro area</abstract>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080603908">
<topic>Servicios financieros</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080597641">
<topic>Mercados financieros</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080537524">
<topic>Euro</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080616908">
<topic>Espacio Económico Europeo</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20140016556">
<topic>Resiliencia</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080618667">
<topic>Transacciones comerciales</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080571009">
<topic>Vulnerabilidad</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611897">
<topic>Perspectivas económicas</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080621391">
<topic>Financiación de los riesgos</topic>
</subject>
<classification authority="">921.91</classification>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">200117</recordCreationDate>
<recordChangeDate encoding="iso8601">20200120150317.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20200001225</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>