I attended a conference on “Financial stability policies in a changing lending landscape” at the Central Bank of Ireland on December 5. I was a discussant for an excellent paper “The state-dependent impact of changes in bank capital requirements” by Jan Hannes Lang of the ECB and Dominik Menno of the Bundesbank. In my comments, I endorsed the paper’s message that higher bank capital requirements need not be costly to the economy if implemented in a careful way. I then went a bit further and suggested these costs may be even lower than suggested in the paper, while bringing considerable financial stability benefits.
A few weeks ago, I was a discussant for a very interesting paper by Patrick Honohan reviewing Ireland’s banking crisis. My comments are here.
Prior to the Covid pandemic, I always posted my teaching materials on this website. For various reasons, I switched to using our “learning management system” Brightspace in recent years. However, I have now posted all the lecture notes for the two modules that I taught this term.