Of Runes and Sagas is popular PDF and ePub book, written by Mr.Martin Cihak in 2010-07-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Of Runes and Sagas can be Read Online from any device for your convenience.
Of Runes and Sagas Book PDF Summary
The global financial crisis revealed weaknesses in the stress testing exercises performed on financial institutions and systems around the world. These failures were most evident in the area of liquidity risk, where now-obvious vulnerabilities were left largely undetected, with stress tests having largely focused on solvency risk. This paper uses publicly available data from a now-defunct bank in Iceland, where liquidity shocks were immense, to demonstrate how a combination of stress tests of the various risks would have provided a clearer picture of existing vulnerablities. We show that, ultimately, stress test models do not necessarily need to be complex or overly sophisticated. Basic stress tests, using appropriate assumptions and shocks, could reveal key areas of risk to inform contingency planning. The liquidity stress test templates used in this paper are included.
Detail Book of Of Runes and Sagas PDF
- Author : Mr.Martin Cihak
- Release : 01 July 2010
- Publisher : International Monetary Fund
- ISBN : 9781455201396
- Genre : Business & Economics
- Total Page : 30 pages
- Language : English
- PDF File Size : 13,5 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Of Runes and Sagas by Mr.Martin Cihak, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.