In this paper, we survey the rapidly developing literature on macroprudential stress-testing models. The scope of the survey includes models of contagion between banks, models of contagion within the ...

Developing a systemic liquidity stress testing tool is challenging due to data constraints and hard-to-model behavioral factors. There has yet to be a uniformly accepted model partly because the ...

The US Federal Reserve’s annual bank stress test places too much reliance on the regulator’s own models and would be better served incorporating banks’ internal projections, according to one of the ...

2023 stress test scenario The tests, designed to see how well banks perform in a high-stress climate, were developed before the crisis unfolded.