Working Group on Financial Stability
This research working group of the Consultative Council of the Americas (CCA) Consultative Group of Directors of Financial Stability (CGDFS) was established in November 2014, to research topics related to financial stability of common interest to the CCA central banks. So far, the working group has focused on research based on micro data, exploiting the richness provided by credit registry databases.
The working group's first project was "The impact of macroprudential policies: an empirical analysis using credit registry data".
The second project, starting in early 2017, analyses the change in banks' business models and its impact on the bank lending channel.
The CCA CGDFS has also established a study group on stress testing to exchange views and experiences in this area of financial stability monitoring and assessment.