Marian Miner Cook

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Bank Runs and Policy Responses

Tue, April 4, 2023
Lunch Program
Angela Vossmeyer

The collapse of Silicon Valley Bank tells market participants that runs on banks exist even in the presence of deposit insurance. It’s frightening but true. And now, the Federal Reserve has to act to prevent a full-fledged banking crisis with collateral damage to Main Street. In this timely talk, Angela Vossmeyer, associate professor of economics at CMC, will address the recent banking turmoil, the policy responses that followed, draw parallels to previous crises, and examine if lessons have been learned or mistakes have been repeated.

Angela Vossmeyer is an associate professor of economics at Claremont McKenna College and a Faculty Research Fellow at the National Bureau of Economic Research (NBER). Her research interests include: econometrics, Markov chain Monte Carlo (MCMC), simulation-based inference, financial economics, financial crises, and economic history. She was recently a visiting scholar at the Board of Governors of the Federal Reserve System in the Division of Monetary Affairs.

View Video: YouTube with Angela Vossmeyer

Marian Miner Cook Athenaeum

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