News in Systemic Risk: Tuesday, June 1, 2021 (10 a.m. ET) June 1, 2021 Understanding how central banks use their balance sheets: A critical categorisation (Stephen Cecchetti, Paul Tucker; VoxEU) Lower for longer – macroprudential policy issues arising from the low interest rate environment (European Systemic Risk Board) A quantitative analysis of the countercyclical capital buffer (Miguel Faria-e-Castro; European Systemic Risk Board) Combining negative rates, forward guidance and asset purchases: identification and impacts of the ECB’s unconventional policies (Massimo Rostagno, Carlo Altavilla, Giacomo Carboni, Wolfgang Lemke, Roberto Motto, Arthur Saint Guilhem; European Central Bank) Reallocating Liquidity to Resolve a Crisis: Evidence from the Panic of 1873 (Haelim Anderson, Kinda Cheryl Hachem, Simpson Zhang; National Bureau of Economic Research) Deal brewing on US treasury bond market (John Dizard; 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
