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 loops between macroeconomic variables and the financial sector, and vulnerabilities and risks of banks, nonbank financial institutions, non-financial corporates, households, and general government;
• - extracting information from firms’ balance sheets and market data;
• - high level overview of macro-financial risk analysis using stress testing of banks and non-bank financial institutions, corporates, and households;
• - high level overview of networks: contagion and interconnectedness analysis;
• - overview of climate risk analysis and stress testing […]

Application Deadline: March 02, 2025