The coronavirus crisis is no 2008

Danielsson, Jon

(2020) The coronavirus crisis is no 2008 VoxEU.

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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
Keywords	coronavirus,Covid-19
Departments	Finance
Date Deposited	07 May 2020 09:00
URI	https://researchonline.lse.ac.uk/id/eprint/104278

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http://www.lse.ac.uk/Finance/People/Faculty/Danielsson (Author)
http://www.lse.ac.uk/Finance/People/Faculty/Vayanos (Author)
http://www.lse.ac.uk/Finance/People/Faculty/Zigrand (Author)
https://voxeu.org/article/coronavirus-crisis-no-2008
https://voxeu.org/ (Official URL)

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