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This paper studies whether the policies that, over the past decades, liberalized bankingsystems...

This paper illustrates how stress tests of banking systems may be designed to evaluate banks'...

This paper applies a simple probabilistic approach to debt sustainability analysis to the case of...

This paper proposes a framework for public debt sustainability analysis (DSA) that is...

In contrast to corporate defaults, regulators typically take a number of statutory actions to...

This paper outlines a way to estimate transition matrices for use in credit risk modeling with a...