Yale School of Management

Program on Financial Stability

Improving our understanding and management of systemic risk.

Systemic Risk Blog

Posts categorized "Systemic Risk News"

News in Systemic Risk: Wednesday, April 1, 2020 (10 a.m. ET)

April 1, 2020

The Fed Is Settling Into Its Role as the World’s Central Bank (Mike Bird; Wall Street Journal)

Economic Policies for the COVID-19 War (Giovanni Dell’Ariccia, Paolo Mauro, Antonio Spilimbergo, and Jeromin Zettelmeyer; IMF)

Economists in the 2008 crisis: Slow to see, fast to act (Daniel Levy, Tamir Mayer, Alon Raviv; VoxEU)

COVID-19 and the economy: Your questions, our answers (David Wessel; Brookings Institution)

Dollar funding costs during the Covid-19 crisis through the lens of the FX swap market (Stefan Avdjiev, Egemen Eren and Patrick McGuire; Bank of International Settlements)

Continue reading “News in Systemic Risk: Wednesday, April 1, 2020 (10 a.m. ET)”

News in Systemic Risk: Thursday, March 26, 2020 (10 a.m. ET)

March 26, 2020

IMF and Yale provide data on virus responses (Rachael King; CentralBanking)

The banking crisis in Iceland (Patrizia Baudino, Jon Thor Sturluson, Jean-Philippe Svoronos; Bank for International Settlements)

The coronavirus crisis is no 2008 (Jon Danielsson, Robert Macrae, Dimitri Vayanos, Jean-Pierre Zigrand; VoxEU)

BOK Working Paper No.2020-8, Network-Based Measures of Systemic Risk in Korea (Jaewon Choi, Jieun Lee; Bank of Korea)

Where is the US government getting all the money it’s spending in the coronavirus crisis? (Louise Sheiner, David Wessel; Brookings Institution)

Fault lines in fiscal-monetary policy coordination (Lucrezia Reichlin, Dirk Schoenmaker; VoxEU)

Securing macroeconomic and monetary stability with a Federal Reserve–backed digital currency (Julia Coronado, Simon Potter; Peterson Institute for International Economics)

Continue reading “News in Systemic Risk: Thursday, March 26, 2020 (10 a.m. ET)”

News in Systemic Risk: Monday, March 23, 2020 (10 a.m. ET)

March 23, 2020

The Fed should clarify how banks can deploy capital and liquidity (Nellie Liang; Brookings Institution)

‘Stress tests’ for banks as liquidity insurers in a time of COVID (Viral Acharya, Sascha Steffen; VoxEU)

 Complexity in Large U.S. Banks (Linda S. Goldberg, April Meehl; Federal Reserve Bank of New York)

 Liquidity Management of Heterogeneous Banks during the Great Recession (Toshiaki Ogawa; Bank of Japan)

 A proposal for a Covid Credit Line (Agnès Bénassy-Quéré, Arnoud Boot, Antonio Fatás, Marcel Fratzscher, Clemens Fuest, Francesco Giavazzi, Ramon Marimon, Philippe Martin, Jean Pisani-Ferry, Lucrezia Reichlin, Dirk Schoenmaker, Pedro Teles, Beatrice Weder di Mauro; VoxEU)

 Senate Fails to Advance Coronavirus Rescue Package for Second Day (Siobhan Hughes, Andrew Duehren; Wall Street Journal)

 Fed Unveils Major Expansion of Market Intervention (Nick Timiraos; Wall Street Journal)

The dawn of a safer and sounder European banking sector (Andreas Dombret; Centralbanking)

Continue reading “News in Systemic Risk: Monday, March 23, 2020 (10 a.m. ET)”