The coronavirus crisis is no 2008. Jon Danielsson. Modelsandrisk.org

The coronavirus crisis is no 2008

March 26, 2020
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.

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