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: Friday, January 24, 2020 (10 a.m. ET)

January 24, 2020

Bad bank resolutions and bank lending (Michael Brei, Leonardo Gambacorta, Marcella Lucchetta, Bruno Maria Parigi; Bank of International Settlements)

Explaining the inflation puzzle (Sage Belz, David Wessel; Brookings)

ECB launches review of its monetary policy strategy (European Central Bank)

Exploring the Output Effect of Fiscal Policy Shocks in Low Income Countries (Jiro Honda, Hiroaki Miyamoto, Mina Taniguchi; International Monetary Fund)

A European anti–money laundering supervisor: From vision to legislation (Joshua Kirschenbaum, Nicolas Veron; Peterson Institute for International Economics)

Secondary market yields around new debt auctions and ESCB purchases (Roel Beetsma, Josha van Spronsen; VoxEU)

Continue reading “News in Systemic Risk: Friday, January 24, 2020 (10 a.m. ET)”

News in Systemic Risk: Thursday, January 23, 2020 (10 a.m. ET)

January 23, 2020

Tech in Fin before FinTech: Blessing or Curse for Financial Stability? (Nicola Pierri, Yannick Timmer; International Monetary Fund)

Monetary Policy Implementation with an Ample Supply of Reserves (Gara Alfonso, Kyungmin Kim, Antoine Martin, Ed Nosal, Simon Potter, Sam Schulhofer-Wohl; Federal Reserve Bank of New York)

Learning about fiscal multipliers during the European sovereign debt crisis (Lucyna Gornicka, Christophe Kamps, Gerrit Koester, Nadine Leiner-Killinger; VoxEU)

How ETFs Amplify the Global Financial Cycle in Emerging Markets (Nathan Converse, Eduardo Levy-Yeyati, Tomas Williams; Board of Governors of the Federal Reserve)

IMF Predicts Global Economy Will Rebound in 2020 (Josh Zumbrun; Wall Street Journal)

Derby’s Take: Idea That Fed Repos Are Driving Markets Gains Traction (Michael Derby; Wall Street Journal)

Otting: Agencies will launch dialogue on Libor alternative for loans (PoliticoPro)

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

News in Systemic Risk: Tuesday, January 21, 2020 (10 a.m. ET)

January 20, 2020

Stronger financial stability governance leads to greater use of the countercyclical capital buffer (Rochelle M. Edge, Nellie Liang; Brookings)

Predicting Downside Risks to House Prices and Macro-Financial Stability (Andrea Deghi, Mitsuru Katagiri, Sohaib Shahid, Nico Valckx; International Monetary Fund)

Central bank independence at risk: Low rates, new risks (Jean Barthelemy, Eric Mengus, Guillaume Plantin; VoxEU)

Tentative Stabilization, Sluggish Recovery? (Gita Gopinath; International Monetary Fund)

Basel III finalisation and overall impact of the reforms (Edouard Fernandez-Bollo; European Central Bank)

The green swan (Patrick Bolton, Morgan Despres, Luiz Awazu Pereira da Silva, Frederic Samama, Romain Svartzman; Bureau of International Settlements)

Cyber Risk and the U.S. Financial System: A Pre-Mortem Analysis (Thomas M. Eisenbach, Anna Kovner, Michael Junho Lee; Federal Reserve Bank of New York)

Central bank group to assess potential cases for central bank digital currencies (European Central Bank)

One Shock, Many Policy Responses (Rui Mano, Silvia Sgherri; International Monetary Fund)

Continue reading “News in Systemic Risk: Tuesday, January 21, 2020 (10 a.m. ET)”

News in Systemic Risk: Friday, January 17, 2020 (10 a.m. ET)

January 17, 2020

Consumption Heterogeneity: Micro Drivers and Macro Implications (Edmund Crawley and Andreas Kuchler; Board of Governors of the Federal Reserve)

Account of the monetary policy meeting (European Central Bank)

Monetary policy for commodity booms and busts (Thomas Drechsel, Michael McLeay, Silvana Tenreyro; VoxEU)

Trump Readies Nominations of Shelton, Waller for Federal Reserve Board Seats (Nick Timiraos; Wall Street Journal)

Next steps on LIBOR transition (David Bailey, Sarah Breeden, Megan Butler, Jonathan Davidson, Anna Sweeney; Bank of England)

Trump reverts to Obama policy on China’s currency (Joseph E. Gagnon; Peterson Institute for International Economics)

Regional Fed presidents warn asset purchases are creating risks (William Towning; CentralBanking)

Continue reading “News in Systemic Risk: Friday, January 17, 2020 (10 a.m. ET)”