Join us for the annual Phillips lecture which this year will be delivered by Professor Hélène Rey.
In our world of free capital mobility, we show that Central banks of large currency areas are drivers of financial cycles and of risk taking in the international economy. Emerging markets capital flows are highly sensitive to global conditions. We study the mechanism behind those financial spillovers and find that the distribution of financial intermediaries’ leverage is a good indicator of systemic risk.
Meet our speaker and chair
Hélène Rey is the Lord Bagri Professor of Economics at London Business School. Until 2007, she was at Princeton University, as Professor of Economics and International Affairs in the Economics Department and the Woodrow Wilson School. Her research focuses on the determinants and consequences of external trade and financial imbalances, the theory and empirics of financial crises and the organization of the international monetary system.
Wouter Den Haan is Professor of Economics at 杏吧论坛.
More about this event
The Department of Economics () at the London School of Economics and Political Science is one of the leading economics departments in the world. 杏吧论坛’s Department of Economics is also one of largest in the world, meaning that in both teaching and research, all mainstream areas of economics are represented.
The in-house journal, Economica (), is an internationally renowned peer reviewed journal, covering research in all branches of economics. It welcomes high quality contributions from all parts of the international research community which are of interest to general readers. The Journal celebrates it’s Centenary year in 2021.
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Podcast & Video
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