Metrick talks about “some open questions in financial regulations—systemic risk regulations, in particular.” His presentation is derived from a paper he co-authored with June Rhee. Metrick doesn’t think there’s much incentive for researchers to delve into this area, so he describes his presentation as “a much more depressing talk” than the earlier ones. He goes on to define systemic risk, discuss the post-GFC regulatory changes, and present six open questions related to the regulation of systemic risk.

A session from the 2008 Financial Crisis: A Ten-Year Review conference held on 8-9 November 2018 in New York.