AD-HOC APPROACHES TO STRESS TESTING IN THE PANDEMIC ERA

PETER GOLHA

https://doi.org/10.53465/EDAMBA.2021.9788022549301.114-120

 

Abstract: Recent events have updated the structure and character of stress testing of the banking sector. The adjustments implemented to better inform the policy response have however varied across the world. We review different approaches taken by the three global authorities during the pandemic year with the aim better to understand motivations for the adjustments in the regulatory framework in presence of heightened uncertainty and adverse unexpected shocks. We also provide an insight into what has changed in the design, scenarios, and communication of the stress testing results during the pandemic around the world.

Keywords: stress testing, financial stability, covid-19

JEL classification: G21, G28, D53

Fulltext: PDF

Online publication date: 12 May 2022

 

To cite this article (APA style): 

Golha, P. (2022). Ad-Hoc Approaches to Stress Testing in the Pandemic Era. Proceedings from the EDAMBA 2021 conference, 114 – 120. https://doi.org/10.53465/EDAMBA.2021.9788022549301.114-120