Are current levels of leveraged finance unsustainable?
Just as before the 2008 financial crisis leveraged finance is booming. What powers to central banks have to tackle the problem?
Dirk Schoenmaker is full professor of Finance, Banking and Insurance at the VU University Amsterdam. He is also Dean of the Duisenberg School of Finance. Before his appointment at the Duisenberg School in 2009, he served at the Ministry of Finance and the Ministry of Economic Affairs in the Netherlands. He has published in the areas of central banking, financial supervision and stability, and European financial integration.
Just as before the 2008 financial crisis leveraged finance is booming. What powers to central banks have to tackle the problem?