News in Systemic Risk: Monday, April 12, 2021 (10 a.m. ET) April 12, 2021 Liquidity transformation by investment funds: structural fault line or desirable financial transformation? A systemic perspective (Michael Grill, Seán O´Sullivan, Michael Wedow and Christian Weistroffer; European Central Bank) Euro area equity risk premia and monetary policy: a longer-term perspective (Daniel Kapp, Kristian Kristiansen; European Central Bank) Flexible Average Inflation Targeting and Inflation Expectations: A Look at the Reaction by Professional Forecasters (Kristoph Naggert, Robert Rich, Joseph Tracy; Federal Reserve Bank of Cleveland) Regulating big tech and non-bank financial services in the digital era (Thammarka Moenjak, Veerathai Santiprabhob; Central Banking) Analysis: Biden's agencies reverse Trump's Wall Street-friendly rules (Katanga Johnson; Reuters) US put off derivatives rules for a decade before Archegos blew up (Joe Rennison, Eric Platt, Colby Smith, Philip Stafford; Financial Times) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million
