And the government spending and tax cut simulations shown in figure 2 line up with the simulations shown in lines 6 and 7 of table A.1. -8References Board of Governors of the Federal Reserve System (2016). “FRB/US Model,” webpage, Board of Governors, https://www.federalreserve.gov/econresdata/frbus/usmodels-package.htm. Gagnon, Etienne, Benjamin K. Johannsen, and David Lopez-Salido (2016).
Both the Basel Committee and the industry are currently exploring issues relating to the management and supervision of funding liquidity. •  Finally, the degree of risk transfer that is actually achieved through credit risk mitigation and securitisation techniques requires greater scrutiny. In particular, how well do these risk transfers hold up under stress?