Stephen Cecchetti, professor of international economics at Brandeis University and former head of the Monetary and Economic Department at the Bank for International Settlements, visited the Swedish House of Finance on December 7. He gave a presentation on the topic “How is the real economy affected by higher capital requirements for banks?” Discussants at the event were Martin Flodén, deputy governor Sveriges Riksbank, and Martin Blåvarg, head of group financial control Handelsbanken.
Stephen Cecchetti talked about the changing regulatory landscape and the link between capital requirements and the macro economy. The presentation including discussants was filmed and can be watched at the Swedish House of Finance YouTube-channel:
There were unfortunately some issues with the sound at the seminar. Make sure to use both headphones, since the sound will disappear at times from one of the channels.