Jon Danielsson is a director of the ESRC funded Systemic Risk Centre at the London School of Economics. He has a Ph.D. in the economics of financial markets and his research interests include financial stability, systemic risk, extreme market movements, market liquidity and financial crisis.
He has published his research extensively in both academic journals and the mainstream media, and has presented his work in a number of universities and institutions.
Cryptocurrencies have enjoyed a remarkable run from obscurity to a trillion dollar valuation in just over a decade. This column argues, however, that they have now reached the beginning o...
In 2017, Mark Carney, then still governor of the Bank of England, and head of the Financial Stability Board, told us that:
The global crisis in 2008 reminded us of the importance of the financial sector for the macroeconomy, a lesson many had forgotten in the decades after the previous global crisis, the Grea...
新冠病毒对世界经济产生了巨大影响。
Coronavirus is having a strong impact on the world economy.
Central banks have continued to accumulate new job functions since the crisis of 2008. Recent events in Iceland point to the risk of such domain expansion.
Governments have four policy areas relating to the financial sector: fiscal, monetary, microprudential, and macroprudential. Each area is run by a government authority, of which more than...
Cryptocurrencies have been a fabulous investment for early investors. A Bitcoin was worth $0.06 in 2010, and $6,500 now, an 11 million percent return. Does it make sense to invest in cryp...
I have been trying to understand what the point of cryptocurrencies is, without success. They may not be an immediate financial stability concern (den Haan et al. 2017), but I just don't ...
The UK vote to leave the European Union will have widespread consequences for financial markets, creating both opportunities and problems.
Various public and private authorities have come to see cyber risk — risk emanating from computer systems and computer networks — as a significant channel for systemic risk. Recent exampl...
