Executive Editor: Andrew Metrick, Yale School of Management
Managing Editor: Rosalind Z. Wiggins, Yale School of Management

The Journal of Financial Crises (JFC) is an online publication of the Yale Program on Financial Stability (YPFS) and it seeks to create, preserve, and disseminate knowledge about financial crises. We primarily serve as a vehicle for distributing the case studies and surveys of crisis interventions produced by the YPFS staff, but also encourage submissions from outside of Yale. For these submissions, we hope to be an outlet for descriptive and policy-relevant research that might not fit the template of a traditional academic journal. In particular, we aim to publish the useful research done in Central Banks and international agencies that deserves wider distribution. Submissions are reviewed by journal editors and YPFS staff —we will not ordinarily use external referees.

See About This Journal for a complete description of the journal.

Call for Submissions

Current Issue: Volume 3, Issue 3 (2021)

Case Studies


Colombia: FOGAFIN Capitalizations of 1999 and 2001
Junko Oguri and Manuel León Hoyos


Indonesia Joint Recapitalization of 1999
Vaasavi Unnava and Ariel Smith


US Capital Purchase Program
Aidan Lawson and Adam Kulam

Lessons Learned