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Calibrating the magnitude of the countercyclical capital buffer using market-based stress tests / by Maarten R. C. van Oordt.FB3-5/2018-54E-PDF

"This paper proposes a novel methodology to calibrate the magnitude of the cap on the countercyclical capital buffer (CCyB) using market-based stress tests. The macroprudential authority in our paper aims to contain the possibility of a breach of a minimum capital ratio in the event of a severe system-wide shock within a certain permissible failure probability"--Abstract, p. ii.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.864472&sl=0

Publication information
Department/Agency
  • Bank of Canada.
TitleCalibrating the magnitude of the countercyclical capital buffer using market-based stress tests / by Maarten R. C. van Oordt.
Series title
  • Bank of Canada staff working paper, 1701-9397 ; 2018-54
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "November 2018."
  • Includes bibliographical references (p. 30-35).
  • Includes abstract in French.
Publishing information
  • [Ottawa] : Bank of Canada, 2018.
Author / Contributor
  • Van Oordt, Maarten R. C.
Descriptionii, 43 p. : col. ill.
Catalogue number
  • FB3-5/2018-54E-PDF
Subject terms
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