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Lessons Learned: Andreas Lehnert

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Abstract

Andreas Lehnert was chief of the Federal Reserve's Household and Real Estate Finance Section at the onset of the Global Financial Crisis of 2007-09 (GFC) and played a key role in implementing the Fed's research and policy agenda on financial stability. He developed and helped run the Fed's first regulatory bank stress tests in 2009, and in 2010 played a role in launching the Office of Financial Stability Policy and Research, which became the Division of Financial Stability. This "Lessons Learned" is based on an interview with Mr. Lehnert.

Suggested Citation

  • Cardona, Mercedes, 2021. "Lessons Learned: Andreas Lehnert," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 3(4), pages 31-33, April.
  • Handle: RePEc:ysm:ypfsfc:3444
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    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1240&context=journal-of-financial-crises
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    Keywords

    Federal Reserve Bank; Financial Stability Oversight Council (FSOC); Global Financial Crisis; macroprudential policy; Office of Financial Stability; real estate market; subprime mortgages;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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