Schoar talks about the role of housing markets in the run up to and in the aftermath of the crisis—the topic of the paper she co-authored with Manuel Adelino and Felipe Severino. Her main point is that the prevailing narratives about the housing ...

Lucas sets out to define and measure bailouts, a process that is much more subtle than meets the eye. In the aftermath of GFC-related bailouts, competing narratives surfaced: The public paid untold billions in unfair bailouts of financial...

Hancock, who took the helm at AIG in February 2010, discusses his role in “putting Humpty Dumpty back together again,” in an interview with Tett. His task was especially difficult, he says, because of the degree of vilification. AIG was a poster ...

Scholes presents his research into what the markets were saying about the risks in the S&P 500 in the years before, during, and after the financial crisis, focusing on two-month put options. He concentrates on the tails of the distributions...

Diamond’s presentation focuses on bank runs and problems of short-term debt and how they can inform our understanding of the financial crisis—indeed, all financial crises—and whether the measures taken to design more fail-safe financial ...

Krishnamurthy talks about two things from his paper co-authored with Zhiguo He: academic/research progress inspired by the financial crisis and measurement. In 2005 and 2006, he says, people thought about asset pricing largely through the prism of...

Adrian’s presentation focuses on theories of financial crisis. He and his co-authors, Hyun Song Shin and John Kiff, theorize that the financial crisis was a product of the leverage cycle. He notes that leverage has ...

“Is the financial system going to erupt again or not?” Engle asks. He addresses that question and discusses the monitoring tools available to measure systemic risk, including those on the Volatility Laboratory (V-Lab) website. Much of his emphasis...

Metrick talks about “some open questions in financial regulations—systemic risk regulations, in particular.” His presentation is derived from a paper he co-authored with June Rhee. Metrick doesn’t think there’s much incentive for researchers to ...