Yale Program on Financial Stability Research Paper Series

The mission of the Yale Program on Financial Stability (YPFS) is to create, disseminate, and preserve knowledge about financial crises. We focus on work related to improving the prevention, understanding and management of systemic risks and systemic disruptions in financial and economic systems. In this working paper series we publish case studies, surveys and related papers relating to the causes, impacts and interventions into crises.

Our work is international in scope and addresses recent or past financial crises that occur anywhere in the world, in developed and emerging markets. Our audience is primarily central banks, financial regulators, other policy makers, and scholars.

Updates to our working papers are generally published in the Journal of Financial Crisis.

Our Executive Editor is Andrew Metrick, the Janet L. Yellen Professor of Finance and Management at the Yale School of Management and the Founder and Program Director of the YPFS. The Managing Editor is Roz Wiggins, Director of the Global Financial Crises Project and Senior Editor, YPFS.

If you have any questions about the YPFS Working Paper series, please contact us at journalfinancialcrises@yale.edu.

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