1# Library to Find Best eBook for Read
Author : Peter Wahl
Release : 2012
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis The Stress Test for Global Financial Governance by : Peter Wahl
Download or read book The Stress Test for Global Financial Governance written by Peter Wahl. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr.Tobias Adrian
Release : 2020-02-05
Genre : Business & Economics
Kind : eBook
Book Rating : 741/5 ( reviews)
Book Synopsis Stress Testing at the IMF by : Mr.Tobias Adrian
Download or read book Stress Testing at the IMF written by Mr.Tobias Adrian. This book was released on 2020-02-05. Available in PDF, EPUB and Kindle. Book excerpt: This paper explains specifics of stress testing at the IMF. After a brief section on the evolution of stress tests at the IMF, the paper presents the key steps of an IMF staff stress test. They are followed by a discussion on how IMF staff uses stress tests results for policy advice. The paper concludes by identifying remaining challenges to make stress tests more useful for the monitoring of financial stability and an overview of IMF staff work program in that direction. Stress tests help assess the resilience of financial systems in IMF member countries and underpin policy advice to preserve or restore financial stability. This assessment and advice are mainly provided through the Financial Sector Assessment Program (FSAP). IMF staff also provide technical assistance in stress testing to many its member countries. An IMF macroprudential stress test is a methodology to assess financial vulnerabilities that can trigger systemic risk and the need of systemwide mitigating measures. The definition of systemic risk as used by the IMF is relevant to understanding the role of its stress tests as tools for financial surveillance and the IMF’s current work program. IMF stress tests primarily apply to depository intermediaries, and, systemically important banks.
Author : J. Doyne Farmer
Release : 2022-04-14
Genre : Mathematics
Kind : eBook
Book Rating : 730/5 ( reviews)
Book Synopsis Handbook of Financial Stress Testing by : J. Doyne Farmer
Download or read book Handbook of Financial Stress Testing written by J. Doyne Farmer. This book was released on 2022-04-14. Available in PDF, EPUB and Kindle. Book excerpt: Discover current uses and future development of stress tests, the most innovative regulatory tool to prevent and fight financial crises.
Author : J. Doyne Farmer
Release : 2022-04-14
Genre : Mathematics
Kind : eBook
Book Rating : 079/5 ( reviews)
Book Synopsis Handbook of Financial Stress Testing by : J. Doyne Farmer
Download or read book Handbook of Financial Stress Testing written by J. Doyne Farmer. This book was released on 2022-04-14. Available in PDF, EPUB and Kindle. Book excerpt: Stress tests are the most innovative regulatory tool to prevent and fight financial crises. Their use has fundamentally changed the modeling of financial systems, financial risk management in the public and private sector, and the policies designed to prevent and mitigate financial crises. When financial crises hit, stress tests take center stage. Despite their centrality to public policy, the optimal design and use of stress tests remains highly contested. Written by an international team of leading thinkers from academia, the public sector, and the private sector, this handbook comprehensively surveys and evaluates the state of play and charts the innovations that will determine the path ahead. It is a comprehensive and interdisciplinary resource that bridges theory and practice and places financial stress testing in its wider context. This guide is essential reading for researchers, practitioners, and policymakers working on financial risk management and financial regulation.
Author : Ms.Li L. Ong
Release : 2013-08-09
Genre : Business & Economics
Kind : eBook
Book Rating : 063/5 ( reviews)
Book Synopsis Credibility and Crisis Stress Testing by : Ms.Li L. Ong
Download or read book Credibility and Crisis Stress Testing written by Ms.Li L. Ong. This book was released on 2013-08-09. Available in PDF, EPUB and Kindle. Book excerpt: Credibility is the bedrock of any crisis stress test. The use of stress tests to manage systemic risk was introduced by the U.S. authorities in 2009 in the form of the Supervisory Capital Assessment Program. Since then, supervisory authorities in other jurisdictions have also conducted similar exercises. In some of those cases, the design and implementation of certainelements of the framework have been criticized for their lack of credibility. This paper proposes a set of guidelines for constructing an effective crisis stress test. It combines financial markets impact studies of previous exercises with relevant case study information gleaned from those experiences to identify the key elements and to formulate their appropriate design. Pertinent concepts, issues and nuances particular to crisis stress testing are also discussed. The findings may be useful for country authorities seeking to include stress tests in their crisis management arsenal, as well as for the design of crisis programs.
