Petrella, Giovanni; Resti, Andrea - In: Journal of Banking & Finance 37 (2013) 12, pp. 5406-5420
Supervisory stress tests assess the impact of an adverse macroeconomic scenario on the profitability and capitalisation of a large number of banks. The results of such stress test exercises have recently been disclosed to the public in an attempt to restore confidence and to curb bank opaqueness...