Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/154605 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
ECB Occasional Paper No. 152
Verlag: 
European Central Bank (ECB), Frankfurt a. M.
Zusammenfassung: 
The use of macro stress tests to assess bank solvency has developed rapidly over the past few years. This development was reinforced by the financial crisis, which resulted in substantial losses for banks and created general uncertainty about the banking sector's loss-bearing capacity. Macro stress testing has proved a useful instrument to help identify potential vulnerabilities within the banking sector and to gauge its resilience to adverse developments. To support its contribution to safeguarding financial stability and its financial sector-related work in the context of EU/IMF Financial Assistance Programmes, and looking ahead to the establishment of the Single Supervisory Mechanism (SSM), the ECB has developed a top-down macro stress testing framework that is used regularly for forward-looking bank solvency assessments. This paper comprehensively presents the main features of this framework and illustrates how it can be employed for various policy analysis purposes.
Schlagwörter: 
banking sector
financial crisis
macro stress test
macro-prudential policy
Systemic risk
JEL: 
C32
E60
H62
Dokumentart: 
Research Report

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