The Next Financial Crisis?

Scholars from across the United States and European Union participated in the Tenth Annual ECB Research Conference on “The Next Financial Crisis?,” organized jointly with the Hoover Institution. Photo credit: Andrej Hanzekovic/ECB

European Central Bank President Christine Lagarde delivers opening remarks. Photo credit: Adrian Petty/ECB

Raghuram Rajan, Hoover senior fellow and professor of finance at Chicago Booth School of Business, provides a keynote lecture on monetary policy and financial stability. Photo credit: Adrian Petty/ECB

Conference attendees included senior officials from the ECB, the Federal Reserve, the Bank for International Settlements, the European Banking Authority, and the European Systemic Risk Board. Photo credit: Andrej Hanzekovic/ECB

Senior Fellow Ross Levine, co-director of Hoover's Financial Regulation Working Group, chairs a panel on banking. Photo credit: Adrian Petty/ECB

Senior Fellow Amit Seru (left), co-director of Hoover's Financial Regulation Working Group, chairs a panel on non-bank financial intermediaries, including Nicola Cetorelli (right), head of financial intermediation at the Federal Reserve Bank of New York. Photo credit: Andrej Hanzekovic/ECB

Raghuram Rajan and Christine Lagarde at the Tenth Annual ECB Research Conference, organized jointly with the Hoover Institution. Photo credit: Andrej Hanzekovic/ECB