Browsing Department of Economics (ECO) by Author "LEONELLO, Agnese"

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Title: Credit Market Competition and Liquidity Crises Author(s): CARLETTI, Elena; LEONELLO, Agnese Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We develop a two-period model where banks invest in reserves and loans, and are subject to aggregate liquidity shocks. When banks face a a shortage of liquidity, they can sell loans on the interbank market. Two types of ...
Title: Three Essays in Competition and Banking Author(s): LEONELLO, Agnese Date: 2011 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: No abstract available
Title: Deposit Insurance and Risk Taking Author(s): ALLEN, Franklin; CARLETTI, Elena; LEONELLO, Agnese Date: 2011 Type of Publication: Article Abstract: We review the theory of deposit insurance, highlighting the underlying assumptions that were not satisfied during the recent financial crisis and that may have led to serious policy mistakes. In theoretical models, deposit ...

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