畢業(yè)設(shè)計(論文)外文參考資料及譯文-以var方法對英國銀行的壓力測試

1、畢業(yè)設(shè)計（論計（論文）外文）外文參考資料及譯文譯文題目：譯文題目：StresstestsofUKbanksusingaVARapproach以VAR方法對英國銀行的壓力測試學(xué)生姓名：學(xué)生姓名：羅國幗學(xué)號：號：0921404023專業(yè)：業(yè)：金融學(xué)所在學(xué)院：所在學(xué)院：龍蟠學(xué)院指導(dǎo)教師：指導(dǎo)教師：高蓉蓉職稱：稱：講師2011年3月8日StresstestsofUKbanksusingaVARapproachContentsAbstractSu

2、mmary1Introduction2Literaturereview3Choiceofmacroeconomicvariablesestimation4Dataissues5Aggregatesectalresults6Robustnesschecks7Variabledecomposition8ConclusionsAppendixReferencesAbstract:Thispaperadoptsanewapproachtostr

3、esstestingtheUKbankingsystem.Weattempttoaccountfthedynamicsbetweenbanks’writeoffskeymacroeconomicvariablesthroughconditioningourstresstestonthehisticalcrelationbetweenthevariablesallowingffeedbackeffectsfromcreditrisktot

4、hemacroeconomy.Incontrasttomostexistingempiricalstresstestingwkthispaperusesadirectmeasureofbanks’fragility–thewriteofftoloanratio.WefindthatbothUKbanks’totalcpatewriteoffsaresignificantlyrelatedtodeviationsofoutputfromp

5、otential.Followinganadverseoutputshocktotalcpatewriteoffratiosincrease.Mtgagearrearsontheotherhappeartobemainlydependentonhouseholdincomegearing.Theresultssuggestthatevenifthemostextremeeconomicstressconditionswitnessedo