News in Systemic Risk: Tuesday, January 21, 2025 (9:45 a.m. ET) January 21, 2025 Estimating nonlinear heterogeneous agent models with nueral networks (Hanno Kase, Leonardo Melosi, and Matthias Rottner; BIS) Central banks' words matter for climate (Emanuele Campiglio; Central Banking) Exchange rates and recoveries from crisis: The role of labour market institutions (Muhammad Asali, Vytautas Kuokštis, Simonas Algirdas Spurga; VOXEU) Related Stories 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 Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability