A New Heuristic Measure of Fragility and Tail Risks : Application to Stress Testing /
This paper presents a simple heuristic measure of tail risk, which is applied to individual bank stress tests and to public debt. Stress testing can be seen as a first order test of the level of potential negative outcomes in response to tail shocks. However, the results of stress testing can be mis...
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| Muut tekijät: | , , |
| Aineistotyyppi: | Aikakauslehti |
| Kieli: | English |
| Julkaistu: |
Washington, D.C. :
International Monetary Fund,
2012.
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| Sarja: | IMF Working Papers; Working Paper ;
No. 2012/216 |
| Linkit: | Full text available on IMF |