Summary of the Results of Stress Tests in Banks
In: CNB Financial Stability Report 2005
The subject of this article is stress tests, which constitute one of the key quantitative tools for the assessment of financial stability. Under one of the approaches, financial stability may be viewed as a situation where the financial system, inter alia, shows a high degree of resilience to external shocks. Under this definition, so-called aggregate stress tests are prepared in order to capture the impact of various significant shocks and business risks. In model simulations, the domestic financial system is subject to hypothetical, unlikely, but plausible shocks. The article contains the results of updated basic tests according to the methodology presented in the 2004 Financial Stability Report. In addition, the article newly presents the results of interbank risk testing and results of stress testing for scenarios based on a macroeconomic model.
|This chapter was published in: Jaroslav Hermanek & Martin Cihak CNB Financial Stability Report 2005, , chapter Thematic Article 1, pages 73-83, 2006.|
|This item is provided by Czech National Bank, Research Department in its series Occasional Publications - Chapters in Edited Volumes with number fsr05/1.|
|Contact details of provider:|| Postal: |
Phone: 00420 2 2442 1111
Fax: 00420 2 2421 8522
Web page: http://www.cnb.cz/en/research/research_intro/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cnb:ocpubc:fsr05/1. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jan Babecky)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.