Willem Buiter, 05 March 2008

This second column on the Treasury Committee’s report on lessons from Northern Rock discusses the institutional arrangements needed to cope should a bank of non-trivial size fail.

Willem Buiter, 04 March 2008

The UK Treasury Committee recently released a report on the lessons from the plight of Northern Rock. In the first of a two-column series, Willem Buiter analyses the shortcomings of the report’s recommendations for reducing problems in the banking and ‘shadow banking’ sectors.

Stephen Cecchetti, 30 November 2007

The third essay in this 4-part series argues that central banks should have a direct role in financial supervision.

Stephen Cecchetti, 26 November 2007

Here is the first in a series of 4 essays exploring the lessons from the subprime turmoil. It sets the stage for the series, arguing that financial crises are intrinsic to the modern economy, but both individuals and governments should make adjustments to reduce the frequency of financial crises and their impact on the broader economy.

Events

CEPR Policy Research