Title:Life in the Eurozone With or Without Sovereign Default?
Author(s):ALLEN, Franklin; CARLETTI, Elena; CORSETTI, GiancarloDate:2011Type of Publication:BookAbstract:The European University Institute and the Wharton Financial Institutions Center held a conference in Florence, Italy in April 2011 that brought together leading economists, lawyers, historians and policy makers to discuss ...
Title:Liquidity and Crises
Author(s):ALLEN, Franklin; CARLETTI, Elena; KRAHNEN, Jan Pieter; TYRELL, MarcelDate:2011Type of Publication:BookAbstract:Financial crises have been pervasive for many years. Their frequency in recent decades has been double that of the Bretton Woods Period (1945-1971) and the Gold Standard Era (1880-1993), comparable only to the period during ...
Title:Cross-Border Banking in Europe: Implications for Financial Stability and Macroeconomic Policies
Author(s):ALLEN, Franklin; BECK, Thorsten; CARLETTI, Elena; LANE, Philip R.; SCHOENMAKER, Dirk; WAGNER, WolfDate:2011Type of Publication:BookAbstract:Understanding the role of banks in cross-border finance has become an urgent priority. Cross-border banks have played a central role in the dynamics of the global crisis of 2007-2009. First, European banks had a surprisingly ...