Professor Prasad Krishnamurthy spoke at a recent conference organized by the Federal Reserve Banks of Dallas and Atlanta gathering academics, bankers, and policymakers to discuss the fallout from a series of bank failures in spring 2023 and offer prescriptions for avoiding future issues.
Krishnamurthy, who holds an Ph.D. in economics as well as a J.D, discussed some of the potential costs associated with making changes to the current deposit insurance system.