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The coronavirus crisis is no 2008

Danielsson, Jon, Macrae, Robert, Vayanos, Dimitri and Zigrand, Jean-Pierre (2020) The coronavirus crisis is no 2008. VoxEU.

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Abstract

Many comparisons have been made between the coronavirus crisis and the global systemic crisis in 2008. This column argues that seen through the lens of exogenous and endogenous risk, these two crises are quite different. Coronavirus is unlikely to cause a global systemic crisis, and the policy response should be different.

Item Type: Article
Official URL: https://voxeu.org/
Additional Information: © 2020 The Authors
Divisions: Finance
Subjects: R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
H Social Sciences > HJ Public Finance
Date Deposited: 07 May 2020 09:00
Last Modified: 18 Nov 2020 00:16
URI: http://eprints.lse.ac.uk/id/eprint/104278

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