Farmer, J. Doyne; Kleinnijenhuis, Alissa M.; Schuermann, Til - 2022
"Stress tests are the most innovative regulatory tool to prevent and fight financial crises. Their use has …, and the policies designed to prevent and mitigate financial crises. When financial crises hit, stress tests take center … stage. Despite their centrality to public policy, the optimal design and use of stress tests remains highly contested …