Bank Insurance Fund: Review of Loss Estimation Methodologies (Letter
Report, 12/09/93, GAO/AIMD-94-48).
GAO reviewed the methodologies used by five forecasters--the
Congressional Budget Office, the Federal Deposit Insurance Corporation,
the Office of Management and Budget, Ely and Company, and Roger J.
Vaughan and Edward W. Hill--to estimate bank failures and resulting
losses incurred by the Bank Insurance Fund. This report (1) contrasts
the various approaches used by these forecasters in estimating bank
failures and losses and (2) discusses the major similarities and
differences between them, the key assumptions used, and the timing and
the frequency of their preparation.
--------------------------- Indexing Terms -----------------------------
REPORTNUM: AIMD-94-48
TITLE: Bank Insurance Fund: Review of Loss Estimation Methodologies
DATE: 12/09/93
SUBJECT: Bank management
Bank failures
Reporting requirements
Risk management
Losses
Insured commercial banks
Special fund accounts
Future budget projections
Financial management
Evaluation methods
IDENTIFIER: Bank Insurance Fund
BIF
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