News in Systemic Risk: Friday, September 21, 2018 (10 a.m. ET)
The housing bubble, the credit crunch, and the Great Recession: A reply to Paul Krugman (Ben Bernanke; Brookings)
History credits Lehman Brothers’ collapse for the 2008 financial crisis. Here’s why that narrative is wrong (David Skeet; Brookings)
Fintech credit markets around the world: size, drivers and policy issues (Stijn Claessens, Jon Frost, Grant Turner and Feng Zhu; BIS)
Foreign booms, domestic busts: The global dimension of banking crises (Ambrogio Cesa-Bianchia, Fernando Eguren Martin, GregoryThwaites; Journal of Financial Intermediation)
Monetary Policy at the Effective Lower Bound: Less Potent? More International? More Sticky? (Kristin Forbes; Brookings)
The Federal Reserve Is Not Very Constrained by the Lower Bound on Nominal Interest Rates (Eric Swanson; Brookings)
The Global Economy Is Vulnerable and Central Banks Aren’t Ready (Bloomberg)
Legacy of Lehman Brothers is a global pensions mess (FT)
For Venezuelans Fleeing Crisis, Argentina Proves a Tough Start (Bloomberg)
Italy Central Bank Urges Caution on Possible Deficit Hike (Bloomberg)
The World of Today Brought to You by the Financial Crisis (NYT)