News in Systemic Risk: Friday, January 15, 2021 (10 a.m. ET) January 15, 2021 Ten Days Late and Billions of Dollars Short: The Employment Effects of Delays in Paycheck Protection Program Financing (Cynthia L. Doniger and Benjamin Kay; The Federal Reserve) Crisis management for medium-sized banks: the case for a European approach (Andrea Enria; European Banking Supervision) Understanding bank and non-bank credit cycles: a structural exploration (C Bora Durdu, Molin Zhong; Bank for International Settlements) Supreme Court judgment in FCA’s business interruption insurance test case (UK Financial Conduct Authority) Global liquidity and dollar debts of emerging market corporates (Lorenzo Forni, Philip Turner; VoxEU) Bank of Korea’s Lee Warns Against Asset Rally Driven by Debt (Sam Kim, Hooyeon Kim; Bloomberg) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk
Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability
High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability