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...
| मुख्य लेखक: | |
|---|---|
| अन्य लेखक: | , , |
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2012.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2012/216 |
| ऑनलाइन पहुंच: | Full text available on IMF |