2021 Federal Reserve Stress Testing Research Conference
Since the financial crisis, stress testing has become a key tool for evaluating the resilience of financial institutions and the financial system. For example, stress tests of U.S. large banking organizations are now conducted annually under the Dodd-Frank Act and as part of the Comprehensive Capital Analysis and Review (CCAR). Similar stress testing efforts have also been adopted internationally in recent years. Stress testing has become increasingly important in assessing the resilience of the financial system as a whole and the strength of the balance sheets of firms and households. It has also become a more prominent risk management tool for financial institutions. Accordingly, stress testing as a discipline has become an increasingly important area for economic research and policy.
This online conference will consist of presentations of papers by leading researchers at academic and policy institutions. Some of the paper presentations will be followed by a discussion from a subject-matter expert.
With the author’s approval, the papers presented at the conference may be made available to the public on the Federal Reserve’s website.
Eliana Balla, Federal Reserve Bank of Richmond
Luca Guerrieri, Federal Reserve Board
David Hou, Federal Reserve Board
Anya Kleymenova, Federal Reserve Board
Jose A. Lopez, Federal Reserve Bank of San Francisco
Cindy Vojtech, Federal Reserve Board