摘要：Macroeconomic changes have been an important reason why financial institutions have experienced losses onloans to households and enterprises. This article contains an analysis of financial institutions' vulnerability intwo stress test scenarios using a new analytical framework. The results indicate that a fall in property prices,higher interest expenses and stronger wage growth will lead to higher losses on loans to enterprises andhouseholds. The analytical methods used here are still being developed, and the results must be interpretedwith caution
