Bank Stress Testing: Public Interest or Regulatory Capture?
NBER Working Paper No. 26887
---- Acknowledgments ----
We thank seminar participants at the Columbia University, the Federal Reserve Bank of New York, and Kellogg. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
---- Disclosure of Financial Relationships for Philip E. Strahan ----
Strahan has visited the Federal Reserve Bank of New York on many occasions over the past 10 years as a research consultant. In addition, he served for three years on the Federal Reserve's Model Validation Council, which provides input into the U.S. stress testing regime.