01713cas a2200241 a 4500 AALejournalIMF020163 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498340021 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Macrofinancial Stress Testing : Principles and Practices. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (66 pages) Policy 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 The recent financial crisis drew unprecedented attention to the stress testing of financial institutions. On one hand, stress tests were criticized for having missed many of the vulnerabilities that led to the crisis. On the other, after the onset of the crisis, they were given a new role as crisis management tools to guide bank recapitalization and help restore confidence. This spurred an intense debate on the models, underlying assumptions, and uses of stress tests. Current stress testing practices, however, are not based on a systematic and comprehensive set of principles but have emerged from trial-and-error and often reflect constraints in human, technical, and data capabilities. Mode of access: Internet Policy Papers; Policy Paper ; No. 2012/068 Full text available on IMF http://elibrary.imf.org/view/journals/007/2012/068/007.2012.issue-068-en.xml IMF e-Library