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)
