News in Systemic Risk: Monday, January 6, 2020 (10 a.m. ET)

Identifying SVARs from sparse narrative instruments: dynamic effects of U.S. macroprudential policies (Katarzyna Budnik, Gerhard Rünstler; European Central Bank)

Debt Is Not Free (Marialuz Moreno Badia, Paulo Medas, Pranav Gupta, Yuan Xiang; International Monetary Fund)

Central Bank of the Republic of Kosovo is committed to financial sector stability and consumer protection (Fehmi Mehmeti; Bank for International Settlements)

The Evolving Market for U.S. Sovereign Credit Risk (Nina Boyarchenko, Or Shachar; Federal Reserve Bank of New York)

Reply to Parliamentary Question on regulation of crypto derivatives on Approved Exchanges (Monetary Authority of Singapore)

Banks and government bonds: A love story (Orkun Saka; VoxEU)

China Signals No Major Stimulus for 2020 (Tianlei Huang, Martin Chorzempa; Peterson Institute for International Economics)