COVID-19 and the financial system: a tale of two crises

被引：33

作者：

Giese, Julia ^{[1
]}

Haldane, Andy ^{[1
]}

机构：

[1] Bank England, London, England

来源：

OXFORD REVIEW OF ECONOMIC POLICY | 2020年 / 36卷

关键词：

financial stability; macroprudential policy; Basel III; capital requirements; liquidity requirements; Covid-19; CCyB;

D O I：

10.1093/oxrep/graa035

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper compares and contrasts the resilience of the financial system, in particular banks, during the Global Financial Crisis and COVID-19. We show that banks are now part of the solution, rather than part of the problem, thanks to regulatory and institutional reforms over the past decade. Heeding the lessons from the Global Financial Crisis has paid dividends. We outline some early lessons from the COVID-19 crisis for the financial system going forward.

引用

页码：S200 / S214

页数：15