Training Catalog Session Details

Officials from central bank financial stability departments, banking regulatory and supervisory bodies, and ministries of finance.

Participants are expected to have a degree in economics or finance. Experience with financial stability analysis is highly desirable.

This course, presented by the Monetary and Capital Markets Department, provides a comprehensive overview of the theories, tools, and techniques necessary for thorough financial stability analysis. Topics include:

• systemic risk assessment using a variety of models: their pros and cons, and how they are related;
• tools for monitoring systemic risk: risk dashboard;
• modeling links and feedback between macroeconomic variables and the financial sector, and vulnerabilities and risks of institutional sectors (banks, nonbank financial institutions, non-financial corporates, households, and general government);
• extracting information from balance sheets and market data;
• macro-financial risk analysis and stress testing of banks and sovereigns;
• impact of credit risk and funding costs of changes in balance sheets and market risk appetite;
• analysis of country cases when high-frequency and market data are available; and
• analysis that can be carried out in data-constrained countries (illustrated by country case studies and workshops with spreadsheets).