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“Fed Kohn Paper: Crisis Early Warning Requires Better Data”

Posted by
April 20, 2010
in Blog

“While, in hindsight, some of the data available to the Federal Reserve and other authorities gave notice of the financial crisis, more data and a different approach to analyzing them are needed if a reliable ‘early warning system’ for future crises is to be developed, according to research by Federal Reserve Vice Chairman Donald Kohn and others released Monday.

In a constantly changing financial market, financial supervisors must look at the available data less like physicists and more like intelligence analysts, Kohn and his co-authors contend.” Read more.

“Fed Kohn Paper: Crisis Early Warning Requires Better Data”
Steven K. Beckner
iMarketNews.com, April 19, 2010.