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Tag Archives: Canetti

Nassim Taleb Explains In An IMF Paper Why The Fed’s And ECB’s Bank Stress Tests Are Bogus – Business Insider

A New Heuristic Measure of Fragility and Tail Risks: Application to Stress Testing Abstract Pdf A better approach, according to Taleb and his IMF co-authors Elie Canetti, Tidiane Kinda, Elena Loukoianova, and Christian Schmeider, is to measure the difference between outcomes arising from different scenarios instead of focusing on the estimates of potential losses themselves. […]