VoxEU Video

Bank bailouts and uncertainty

The collapse of a big investment bank may bring down an entire financial system. In this Vox Views video, Alex Cukierman discusses the implications of uncertainty over bank bailouts. Changes in bailout likelihood and bailout uncertainty are disruptive to the market and might worsen crises. The video was recorded in April 2016 at the First Annual Spring Symposium on Financial Economics organised by CEPR and the Brevan Howard Centre at Imperial College.