Miroslav Misina - Latest

• December 21, 2008

  Credit, Asset Prices, and Financial Stress in Canada

  Financial System Review - December 2008 Miroslav Misina, Pierre St-Amant, Greg Tkacz

  Content Type(s): Publications, Financial System Review articles

• Non-Linearities, Model Uncertainty, and Macro Stress Testing

  Staff Working Paper 2008-30 Miroslav Misina, David Tessier

  A distinguishing feature of macro stress testing exercises is the use of macroeconomic models in scenario design and implementation. It is widely agreed that scenarios should be based on "rare but plausible" events that have either resulted in vulnerabilities in the past or could do so in the future.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial stability JEL Code(s): C, C1, C15, G, G2, G21, G3, G33
• June 21, 2008

  Bank of Canada Participation in the 2007 FSAP Macro Stress-Testing Exercise

  Financial System Review - June 2008 Donald Coletti, René Lalonde, Miroslav Misina, Dirk Muir, Pierre St-Amant, David Tessier

  Content Type(s): Publications, Financial System Review articles

• Credit, Asset Prices, and Financial Stress in Canada

  Staff Working Paper 2008-10 Miroslav Misina, Greg Tkacz

  Historical narratives typically associate financial crises with credit expansions and asset price misalignments. The question is whether some combination of measures of credit and asset prices can be used to predict these events.

  Content Type(s): Staff research, Staff working papers Topic(s): Credit and credit aggregates, Financial stability JEL Code(s): E, E5, G, G1, G10