News in Systemic Risk: Friday, March 13, 2020 (10 a.m. ET)
Welfare Implications of Bank Capital Requirements under Dynamic Default Decisions (Toshiaki Ogawa; Bank of Japan)
Credit unions: Review of the capital regime (Bank of England)
Recession probabilities falling from the STARs (Sercan Eraslan, Marvin Nöller; Deutsche Bundesbank)
What the stock market tells us about the consequences of COVID-19 (Stefano Ramelli, Alexander Wagner ; VoxEU)
A spike in the dollar has been a reliable signal of global panic (The Economist)
Economists See Rising Risks of Recession World-Wide (Josh Mitchell, Joshua Zumbrun; Wall Street Journal)
Italy and Spain Ban Short Selling After Record Market Plunge (Macarena Munoz Montijano; Bloomberg)
Corporate bonds and loans are at the centre of a new financial scare (The Economist)