Updated Primer on the Forward-Looking Analysis of Risk Events (FLARE) Model: A Top-Down Stress Test Model

Autor:	Sergio Correia, Matthew P. Seay, Cindy M. Vojtech
Rok vydání:	2022
Zdroj:	Finance and Economics Discussion Series. 2022:1-26
ISSN:	2767-3898 1936-2854
DOI:	10.17016/feds.2022.009
Popis:	While the bank stress test exercise conducted by the Federal Reserve System is a critical policy tool for assessing the health of large banks, the Federal Reserve has worked to build additional tools to assess the resiliency of the banking system as a whole and to address macroprudential goals. The Forward-Looking Analysis of Risk Events (FLARE) model is one such tool. This technical note describes the FLARE model, which is a top-down model that helps assess how well the banking system is positioned to weather exogenous macroeconomic shocks. FLARE estimates banking system capital under varying macroeconomic scenarios, time horizons, and other systemic shocks.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::eb6e593ea4e3b4e2ef5fd1e6eb164633 https://doi.org/10.17016/feds.2022.009 Zobrazit plný text záznamu Plný text ve formátu PDF