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The Need for Macroprudential Regulation

Andrew Metrick, the Michael H. Jordan Professor of Finance and Management, deputy dean, and director of the YPFS, discusses how the financial crisis has revealed the need for improved understanding of interconnections in the financial system and how the Program on Financial Stability aims to help regulators draw on the latest academic insights to approach this task.

Andrew Metrick, the Michael H. Jordan Professor of Finance and Management, deputy dean, and director of the YPFS, discusses how the financial crisis has revealed the need for improved understanding of interconnections in the financial system and how the Program on Financial Stability aims to help regulators draw on the latest academic insights to approach this task.