News in Systemic Risk: Thursday, June 25, 2020 (10 a.m. ET) June 25, 2020 Global Financial Stability Report Update: Financial Conditions Have Eased, but Insolvencies Loom Large (International Monetary Fund) New Eurosystem repo facility to provide euro liquidity to non-euro area central banks (European Central Bank) Predictable Financial Crises (Robin Greenwood, Samuel G. Hanson, Andrei Shleifer, Jakob Ahm Sørensen; National Bureau of Economic Research) Economic Crisis, General Laws, and the Mid-Nineteenth-Century Transformation of American Political Economy (Naomi R. Lamoreaux, John Joseph Wallis; National Bureau of Economic Research) ECB Tackles German Court Ruling With Claim QE Helps the Economy (Carolyn Look; Bloomberg) The Fed must address the penalties for ‘banking while black’ (Karen Petrou; 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
