01819cas a2200265 a 4500 AALejournalIMF008646 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451855012 1018-5941 BD-DhAAL BD-DhAAL Hilbers, Paul. Stress Testing Financial Systems : What to Do When the Governor Calls / Paul Hilbers, Matthew Jones, Graham Slack. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (38 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Stress testing is becoming a widely used tool to assess potential vulnerabilities in a financial system. This paper is intended to answer some of the basic questions that may arise as part of the process of stress testing. The paper begins with a discussion of stress testing in a financial system context, highlighting some of the differences between stress tests of systems and of individual portfolios. The paper provides an overview of the process itself, from identifying vulnerabilities, to constructing scenarios, to interpreting the results. The experience of the IMF in conducting stress testing as part of the Financial Sector Assessment Program (FSAP) is also discussed. Mode of access: Internet Jones, Matthew. Slack, Graham. IMF Working Papers; Working Paper ; No. 2004/127 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/127/001.2004.issue-127-en.xml IMF e-Library