CfP Deadline:
June 14, 2024
Conference Event:
October 10-11, 2024
Event Location:
Boston, United States (Hybrid Event)
Organizer(s):
Federal Reserve Bank of Boston
Description:
The Federal Reserve invites researchers to submit academic research papers to be considered for presentation at a conference on the topic of stress testing. The conference will provide a forum for
researchers in academic and policy institutions to discuss important topics, methods, and challenges
related to stress testing for financial institutions and the financial system.Background
Since the financial crisis, stress testing has become a key tool for evaluating the resilience of financial
institutions and the financial system. For example, stress tests of U.S. large banking organizations are
now conducted annually under the Dodd-Frank Act, and similar stress testing efforts have also been
adopted internationally in recent years. Stress testing has become increasingly important in assessing
the resilience of the financial system as a whole and the strength of the balance sheets of firms and
households. It has also become a more prominent risk management tool for financial institutions.
Accordingly, stress testing as a discipline has become an increasingly important area for economic
research and policy.We intend to host the conference in a hybrid format, with the option of participating online or in
person, at the Federal Reserve Bank of Boston.The conference will consist of presentations of academic research papers. Some of the paper
presentations will be followed by discussions.With the authors’ approval, the papers presented at the conference may be made available to the public
on the website of the Federal Reserve Bank of Boston.Paper Submission Topics
The conference will consider high quality research papers broadly related to stress testing. Topics of
interest include, but are not limited to:
- The economic and macroprudential effects of stress tests, and bank regulation more broadly
- Integrating stress testing with broader capital regulation, such as Basel III
- The roles and risks of nonbank financial intermediaries
- Financial instruments for credit risk transfer, and their implications
- Modeling bank revenues and credit losses conditional on macroeconomic scenario paths
- Interest-rate, liquidity and inflation risk in the banking system
- Design of macroeconomic and financial market scenarios, including funding shocks and multiple
scenarios- Stress testing and risk management of counterparty credit risk
- Stress-testing for non-financial risks, such as cybersecurity, operational risks, or climate-related
risks- Optimal disclosure policies for supervisory stress tests
Submission:
We invite authors to submit papers or extended abstracts to StressTestingConference@frb.gov by
Friday, June 14, 2024. Complete papers are strongly encouraged. Extended abstracts should include a
description of the motivation for the research question, the method and data used to study the
question, and key results. Submissions will be reviewed by the organizing committee, and authors
whose papers have been accepted to the conference will be notified around the end of July. We expect
to have limited funding to cover travel expenses for paper presenters and discussants affiliated with
academic institutions. Please direct all questions to StressTestingConference@frb.gov.