recent

MIT GCFP and MIT DCI co-host talk by President of Deutsche Bundesbank

May 8: Presentation and Fireside Chat with Boston Fed President/CEO

April 16: Presentation and Fireside Chat with Bundesbank President

MIT Golub Center for Finance and Policy

Economics

Positive Cross-border Policy Spillovers?

By

Ever wonder if contagion can ever be a good thing? In the paper “Friend or Foe: Cross-Border Links, Contagious Banking Crises, and Joint Use of Macroprudential Policies,” Laura Kodres, associate with the GCFP and former Distinguished Senior Fellow, along with co-authors Seung Mo Choi and Jing Lu, find that macroprudential policies employed by a country that is closely-linked to others can have positive spillover effects–lowering the chances of a banking crisis even among countries that do not implement similar policies.

Click here for the full paper

Related Posts

nagel2 MIT Golub Center for Finance and Policy MIT GCFP and MIT DCI co-host talk by President of Deutsche Bundesbank photo of Joachim Nagel MIT Golub Center for Finance and Policy April 16: Presentation and Fireside Chat with Bundesbank President