Morris Goldstein Books

Culturally significant, this work has been meticulously reproduced from the original artifact to preserve its historical integrity. It includes original copyright references and library stamps, reflecting its importance in the knowledge base of civilization. This attention to detail ensures that readers can engage with the text as it was originally presented, providing a glimpse into the past and its contributions to contemporary understanding.

Focusing on critical themes in international macroeconomics, this collection features selected papers by Morris Goldstein covering topics such as international trade, currency regimes, and financial crises. The works include empirical studies and discussions on policy issues, often co-authored with prominent economists like Jacob Frenkel and Carmen Reinhart. Together, these papers provide a comprehensive overview of significant international macroeconomic issues from the last 35 years, making it a valuable resource for understanding the field's evolution.

Introduction -- Why didn't the EU-wide stress tests receive a better reaction? -- Operational features and evolution of the US and EU-wide tests -- Criticisms of stress-testing methodology and of the measurement of bank capital -- Criticism of the height of the target capital ratio in stress tests -- Lessons and a plan -- References