Blank, Sven; Dovern, Jonas - In: Journal of Financial Economic Policy 2 (2010) June, pp. 126-148
analyze what macroeconomic shocks affect the soundness of the German banking system. Design/methodology/approach – The paper … draws on a micro-macro stress-testing framework for the German banking system in which macroeconomic and bank-specific data … macroeconomic variables and an indicator of stress in the banking system. To this end, the sign-restriction approach is applied …