The Ultimate Guide To Head of Stress Testing and Forecasting
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Conferences which include this one are a tonic versus settling on a narrow modeling approach to the myriad troubles of stress testing, and I hope that additional economists, both equally in central banks As well as in academia, will pursue new remedies into the troubles of stress testing.
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As I discussed before, stress testing necessarily entails conditional forecasting of the tails of distributions of losses and revenues. A lot of options exist to acquire new techniques and to incorporate current insights from macroeconomic forecasting.
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