News in Systemic Risk: Monday, June 22, 2020 (10 a.m. ET) June 22, 2020 Central Bank Reserves Can't Be Taken for Granted (Andrew Bailey; Bank of England) The current crisis and the challenges it poses for economic and monetary policy (Jens Weidmann; Deutsche Bundesbank) The Distributional Impact of Recessions: the Global Financial Crisis and the Pandemic Recession (Ippei Shibata; International Monetary Fund) Shadow Bank Runs (David Andolfatto, Ed Nosal; Federal Reserve Bank of St. Louis) Bank Complexity, Governance, and Risk (Ricardo Correa, Linda S. Goldberg; Federal Reserve Bank of New York) The impact of COVID-19 on insurers (Divya Kirti, Mu Yang Shin; VoxEU) 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