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Posts by Systemic Risk News

News in Systemic Risk: Friday, May 15, 2020 (10 a.m. ET)

May 15, 2020

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)”

News in Systemic Risk: Wednesday, May 13, 2020 (10 a.m. ET)

May 13, 2020

Inflation Expectations in Times of COVID-19 (Olivier Armantier, Gizem Kosar, Rachel Pomerantz, Daphne Skandalis, Kyle Smith, Giorgio Topa, Wilbert van der Klaauw; Federal Reserve Bank of New York)

Macroprudential regulation and leakage to the shadow banking sector (Stefan Gebauer, Falk Mazelis; European Central Bank)

Monetary policy and its transmission in a globalised world (Michele Ca’ Zorzi, Luca Dedola, Georgios Georgiadis, Marek Jarociński, Livio Stracca, Georg Strasser; European Central Bank)

Negative rates and the transmission of monetary policy (Miguel Boucinha and Lorenzo Burlon; European Central Bank)

“The current crisis is a wake-up call” (Andrea Enria; European Central Bank)

Loan supply and bank capital: A micro-macro linkage (Thomas Kick, Swetlana Malinkovich, Christian Merkl; Deutsche Bundesbank)

Real Effects of Uncertainty: Evidence from Brexit (Anna Lipinska, Musa Orak; Federal Reserve Board of Governors)

Continue reading “News in Systemic Risk: Wednesday, May 13, 2020 (10 a.m. ET)”

News in Systemic Risk: Tuesday, May 12, 2020 (10 a.m. ET)

May 12, 2020

US dollar funding markets during the Covid-19 crisis - the international dimension (Egemen Eren, Andreas Schrimpf, Vladyslav Sushko; Bank of International Settlements)

US dollar funding markets during the Covid-19 crisis - the money market fund turmoil (Egemen Eren, Andreas Schrimpf, Vladyslav Sushko; Bank of International Settlements)

How Did China’s COVID-19 Shutdown Affect U.S. Supply Chains? (Sebastian Heise; Federal Reserve Bank of New York)

Cyclical systemic risk and downside risks to bank profitability (Jan Hannes Lang, Marco Forletta; European Central Bank)

Stressed banks? Evidence from the largest-ever supervisory review (Puriya Abbassi, Rajkamal Iyer, José-Luis Peydró, Paul E. Soto; Deutsche Bundesbank)

Bank resolution frameworks in systemic crises (Thorsten Beck, Deyan Radev, Isabel Schnabel; VoxEU)

A History of Risk-Based Premiums at the FDIC (Edward Garnett, LaVaughn Henry, Daniel Hoople, Ashley Mihalik; Federal Deposit Insurance Corporation)

COVID-19, volatility, and dark trading in financial markets (Gbenga Ibikunle, Khaladdin Rzayev; VoxEU)

The Mortgage Market Never Got Fixed After 2008. Now It’s Breaking Again. (Ben Eisen; Wall Street Journal)

Continue reading “News in Systemic Risk: Tuesday, May 12, 2020 (10 a.m. ET)”

News in Systemic Risk: Monday, May 11 2020 (10 a.m. ET)

May 11, 2020

Survey on the Access to Finance of Enterprises: Small businesses report challenging outlook for their access to external financing due to COVID-19 (European Central Bank)

The CCP-bank nexus in the time of Covid-19 (Wenqian Huang, Előd Takáts; Bank of International Settlements)

An ECB digital currency – a flight of fancy? (Yves Mersch; European Central Bank)

Global and domestic financial cycles: variations on a theme (Iñaki Aldasoro, Stefan Avdjiev, Claudio Borio, Piti Disyatat; Bank of International Settlements)

COVID-19 and the transmission of shocks through domestic supply chains (Fergal McCann, Samantha Myers; Central Bank of Ireland)

The Initial Labour Market Impact of COVID-19 (Stephen Byrne, Dermot Coates, Enda Keenan,Tara McIndoe-Calder ; Central Bank of Ireland)

The case for permanent stimulus (Paul Krugman; VoxEU)

How the Economy Will Look After the Coronavirus Pandemic (Joseph E. Stiglitz, Robert J. Shiller, Gita Gopinath, Carmen M. Reinhart, Adam S. Posen, Eswar Prasad, Adam Tooze, Laura D’andrea Tyson, Kishore Mahbubani; Foreign Policy)

Despite Recent Bets, Fed Isn’t Likely to Consider Negative Interest Rates (Nick Timiraos; Wall Street Journal)

Fed set to adopt ‘elements’ of price-level targeting (William Towning; Central Banking)

Continue reading “News in Systemic Risk: Monday, May 11 2020 (10 a.m. ET)”

News in Systemic Risk: Friday, May 8 2020 (10 a.m. ET)

May 8, 2020

The Money Market Mutual Fund Liquidity Facility (Marco Cipriani, Gabriele La Spada, Reed Orchinik, and Aaron Plesset; Federal Reserve Bank of New York)

The monetary policy response to the pandemic emergency (Phillip R. Lane; European Central Bank)

The COVID-19 Crisis and the Monetary Policy Response (Gabriel Makhlouf; Central Bank of Ireland)

On the instability of banking and other financial intermediation (Chao Gu, Cyril Monnet, Ed Nosal, Randall Wright; Bank for International Settlements)

Effects of Covid-19 on the banking sector: the market's assessment (Iñaki Aldasoro, Ingo Fender, Bryan Hardy, Nikola Tarashev; Bank of International Settlements)

Monetary Policy, Self-Fulfilling Expectations and the U.S. Business Cycle (Giovanni Nicolò; Federal Reserve Board of Governors)

Oceans Apart? China And Other Systemically Important Economies (Hongyi Chen, Pierre Siklos; Hong Kong Institute for Monetary and Financial Research)

Is Central Bank Currency Fundamental to the Monetary System? (Hanna Armelius, Carl Andreas Claussen, Scott Hendry; Bank of Canada)

Don’t do it again! The Swedish experience with negative central bank rates in 2015-2019 (Fredrik N G Andersson, Lars Jonung; VoxEU)

Fed Officials See Economy Avoiding Worst-Case Outcome Amid Crisis (Michael S. Derby; Wall Street Journal)

Continue reading “News in Systemic Risk: Friday, May 8 2020 (10 a.m. ET)”