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Last updated 3 days ago
4 days ago
Shocks to a bank’s ability to raise liquidity at short notice can...
5 days ago
This paper proposes a novel yet intuitive method for the calibration of...
5 days ago
We propose a novel framework to assess systemic risk stemming from the...
9 days ago
One of the main goals of launching the EU’s second Markets in...
10 days ago
How do violent conflicts shape cross-border lending? Using data on syndicated loans...
10 days ago
We show theoretically how the anticipated cross-selling of loans incentivizes banks to...
15 days ago
We show that in a canonical model with heterogeneous entrepreneurs, financial frictions...
15 days ago
We provide estimates of profit shifting for over 2 million firm-year observations...
15 days ago
16 days ago
In this event study, we analyze the effect of market segmentation on...
17 days ago
We characterize optimal monetary policy under state-dependent pricing. The framework gives rise...