The Need for "Un-consolidating" Consolidated Banks' Stress Tests /

The recent crisis has spurred the use of stress tests as a (crisis) management and early warning tool. However, a weakness is that they omit potential risks embedded in the banking groups' geographical structures by assuming that capital and liquidity are available wherever they are needed with...

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Bibliographic Details
Main Author: Cerutti, Eugenio
Other Authors: Schmieder, Christian
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/288
Online Access:Full text available on IMF