Covid-19 and regional employment in Europe (Sebastian Doerr, Leonardo Gambacorta; Bank of International Settlements) Novel coronavirus (COVID-19) - economic and financial developments and the responses taken by the Bank of Japan (Haruhiko Kuroda; Bank of International Settlements) The Commercial Paper Funding Facility (Nina Boyarchenko, Richard Crump, Anna Kovner; Federal Reserve Bank of New York) The General Board of the European Systemic Risk Board takes first set of actions to address the coronavirus emergency at its extraordinary meeting on 6 May 2020 (European Systemic Risk Board) Do non-performing loans matter for bank lending and the business cycle in euro area countries? (Ivan Huljak, Reiner Martin, Diego Moccero, Cosimo Pancaro; European Central Bank) The interbank market puzzle (Franklin Allen, Giovanni Covi, Xian Gu, Oskar Kowalewski, Mattia Montagna; Bank of England) Quality is our asset: the international transmission of liquidity regulation (Dennis Reinhardt, Stephen Reynolds, Rhiannon Sowerbutts, Carlos van Hombeeck; Bank of England) How to fight an economic crisis in a monetary union (Phillip R. Lane; The Economist) Continue reading “News in Systemic Risk: Friday, May 15, 2020 (10 a.m. ET)”

On April 27, the Reserve Bank of India (RBI) announced a ₹ 500 billion ($6.6 billion) special liquidity facility for mutual funds (SLF-MF), in response to increased volatility in capital markets due to the COVID-19 pandemic. The SLF-MF operated for two weeks and closed on May 11.  Continue reading “India Extends Special Liquidity Facility to Mutual Funds”

In response to the COVID-19 pandemic and resultant economic shutdown, the government of Nepal has expanded a public-works employment program established in 2019. Continue reading “Nepal Expands Public-Works Program”

MBA for Executives graduate Jeremy E. Deutsch ’20 addresses his classmates as they complete two years of balancing work, family, and the rigors of a Yale MBA.  Continue reading “The Commencement Speech I Would Have Given”