Testing Macroprudential Stress Tests: The Risk of Regulatory Risk Weights
---- Acknowledgements -----
The authors thank supporters of the Volatility Institute of the Stern School at NYU for financial support that made this research possible. Thanks go to the Sloan Foundation, the Banque de France, the University of New South Wales, the Universite de Lausanne, Deutsche Bank, Blackrock and the Michael Armellino Foundation. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.