01677cas a2200241 a 4500 AALejournalIMF011293 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463903572 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Sweden : Financial Sector Assessment Program Update: Technical Note on Contingent Claims Analysis Approach to Measure Risk and Stress Test the Swedish Banking Sector. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (33 pages) IMF Staff Country Reports <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 This paper describes the application of contingent claims analysis (CCA) and systemic CCA to the top four commercial banks in Sweden. The balance sheet stress tests for four major banks were complemented with tests based on the CCA framework, a risk-adjusted balance sheet relating bank asset values to equity value, default risk, and bank funding costs. Even though the results show that banks are found to be resilient to shocks, more work on systemic risk models could help analyze systemic risk under stress scenarios. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2011/286 Full text available on IMF http://elibrary.imf.org/view/journals/002/2011/286/002.2011.issue-286-en.xml IMF e-Library