News in Systemic Risk: Friday, September 9, 2022 (10:00 a.m. ET) September 9, 2022 Making a virtue out of necessity: the effect of negative interest rates on bank cost efficiency (Giuseppe Avignone, Claudia Girardone, Cosimo Pancaro, Livia Pancotto, Alessio Reghezza; ECB) How Food and Energy are Driving the Global Inflation Surge (Philip Barrett; International Monetary Fund) Cyber induced bank runs pose “huge risk”, says Richmond Fed’s Barkin (Riley Steward; Central Banking) Real estate booms are behind Europe’s productivity divergence (Thomas Grjebine, Jerome Hericourt, Fabien Tripier; VoxEU) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook Fed Official Michael Barr Provides an Inside Look at Crisis Response High School Students Visit Yale SOM for Introduction to Careers in Business and Economics