Specifically, it has produced diversified stress scenarios as part of macro stress testing and developed the new Financial Macroeconometric Model to analyze the feedback process in which stress exerted on economic conditions and asset prices spreads to the real economy through the behavioral changes of financial institutions.
2  BIS Review 64/2001  But the more troubling aspect is that those who are engaged in spreading and disseminating the negative perception and sentiments about the economy are the interest groups who were the beneficiaries of the old system and are likely to be big losers, if the proposed structural reforms are fully implemented and take hold.