Jean-Pierre Landau, Tuesday, December 2, 2014 - 00:00
Luis Garicano, Lucrezia Reichlin, Friday, November 14, 2014 - 00:00
Ricardo Caballero, Friday, May 21, 2010 - 00:00
Are policymakers on track to prevent a repeat global crisis? This column says the answer is probably “no”. It argues that the current financial reform efforts are mostly aimed at the symptoms rather than the underlying illness. The fundamental problem in the current global macroeconomic and financial equilibrium is one of a shortage of safe assets.