Using the ECB macroprudential stress testing framework for policy assessment – lessons learned from the COVID-19 pandemic

Katarzyna Budnik (), Ivan Dimitrov, Johannes Groß and Andrea Caccia

Macroprudential Bulletin, 2022, vol. 17

Abstract: Macroprudential stress testing has provided timely policy assessment to tackle high levels of uncertainty about future developments during the COVID-19 pandemic and to back communications promoting the use of macroprudential capital buffers by banks. The lessons learned from the crisis can inform the setting of buffers along the path to policy normalisation. JEL Classification: E58, G01, G21, G28

Keywords: banking sector; capital buffers; COVID-19; impact assessment; macroprudential policy; macroprudential stress testing; resilience (search for similar items in EconPapers)
Date: 2022-06
Note: 1355359
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.ecb.europa.eu//press/financial-stabili ... 3~37629fc857.en.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbmbu:2022:0017:3

Access Statistics for this article

More articles in Macroprudential Bulletin from European Central Bank 60640 Frankfurt am Main, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Official Publications ().