The Financial Crisis: 5 years on and the ECB systemic risk indicator

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It’s interesting to note that the systemic risk indicator by the ECB shows a sudden “jump” on August 3, 2007. Though it has receded recently, and it’s gotten back to its pre-crisis levels, a “changepoint” in its average level hasn’t yet occured. Hopefully, we’ll see another changepoint soon during the fall. Let’s keep our fingers crossed.

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