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 LSE.
More about this event
The Department of Economics (@LSEEcon) at the London School of Economics and Political Science is one of the leading economics departments in the world. LSE’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 (@EconomicaLSE), 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.
Twitter Hashtag for this event: #LSEPhillips
Podcast & Video
A podcast of this event is available to download from Monetary Policy and Financial Cycles.
A video of this event is available to watch at Monetary Policy and Financial Cycles.
Podcasts and videos of many LSE events can be found at the LSE Public Lectures and Events: podcasts and videos channel.