News in Systemic Risk: Thursday, February 13, 2020 (10 a.m. ET) February 13, 2020 Need for a countercyclical fiscal instrument (Luis de Guindos; European Central Bank) Discerning Good from Bad Credit Booms: The Role of Construction (Giovanni Dell'Ariccia, Eshan Ebrahimy, Deniz O Igan, Damien Puy; International Monetary Fund) Companies warn of economic crisis as China battles coronavirus (The Economist) What the coronavirus means for financial markets (The Economist) Bank Risk Taking and Financial Stability: Evidence from Japan's Loan Market (Takuji Kawamoto, Taichi Matsuda, Koji Takahashi, Yoichiro Tamanyu; Bank of Japan) Foreign exchange swaps: Hidden debt, lurking vulnerability (Claudio Borio, Patrick McGuire, Robert McCauley; VoxEU) Dollar borrowing, firm-characteristics, and FX-hedged funding opportunities (Leonardo Gambacorta, Sergio Mayordomo, José María Serena Garralda; Bank for International Settlements) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
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