Abstract
In the world that we live in, operating conditions get categorized as normal, abnormal and extreme. When we spend too much in the normal state, our ability to predict, handle and react to extreme events is degraded1. Stress testing refers to a process through which we try and assess the impact of abnormal and extreme conditions on our processes, control systems, organization and capital.
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© 2014 Jawwad Ahmed Farid
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Farid, J.A. (2014). Stress Testing, Bank Regulation and Risk. In: Models at Work. Global Financial Markets. Palgrave Macmillan, London. https://doi.org/10.1057/9781137371645_5
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DOI: https://doi.org/10.1057/9781137371645_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-47570-4
Online ISBN: 978-1-137-37164-5
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)