Bank liquidity stress testing, which has become de rigueur following the costly lessons of the global financial crisis …

, fault lines, or spillovers. Corresponding to these three tenets, specific areas for further reforms are identified. Policy …

bank credit. We find that banks with strong balance sheets were better able to maintain lending during the crisis. In … strong bank balance sheets are key for the recovery of credit following crises, and provide support for regulatory proposals …We examine the role of bank balance sheet strength in the transmission of financial sector shocks to the real economy …

One of the challenges of financial stability analysis and bank stress testing is how to establish scenarios with … capital positions. The outcome suggests that spillover effects have a highly non-linear impact on bank soundness, both in …

This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and … supply factors, both for the whole 1993-2010 period and during periods of financial instability. Using bank-level panel data … period, but without credit supply factors being singled out. By contrast, housing price growth has a significant effect …

euro area Bank Lending Survey to assess the effectiveness of macro-prudential policies in containing credit growth and … house price appreciation in mortgage markets. We find instruments targeting the cost of bank capital most effective in … slowing down mortgage credit growth, and that the impact is transmitted mainly through price margins, the same banking channel …