News in Systemic Risk: Monday, February 1, 2021 (10 a.m. ET) February 1, 2021 Financial crises, macroprudential policy and the reliability of credit-to-GDP gaps (Piergiorgio Alessandri, Pierluigi Bologna, Maddalena Galardo; European Systemic Risk Board) The Pre-Pandemic Debt Landscape—and Why It Matters (Xuehui Han, Paulo Medas, Susan Yang; International Monetary Fund) Optimal Bailouts in Banking and Sovereign Crises (Sewon Hur, César Sosa-Padilla, Zeynep Yom; National Bureau of Economic Research) Central bank digital currencies risk becoming a gigantic flop (Peter Bofinger, Thomas Haas; VoxEU) Will India’s government act to save its public-sector banks? (The Economist)
