Are banks now safer?

UCLA Department of Economics Professors Andrew Atkeson and Pierre-Olivier Weill, along with UCLA Anderson School of Management professor Andrea Eisfeldt, and former UCLA Ph.D student Adrien D’Avernas, co-authored a paper for the 33rd Annual Conference on Macroeconomics (April 12-13, 2018).  Their paperGovernment Guarantees and the Valuation of American Banks, is currently featured on the National Bureau of Economic Research website.  Pierre-Olivier Weill introduces the material in a brief interview also featured on the website.