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Title:Risk sharing and contagion in networks Author(s):CABRALES, Antonio; GOTTARDI, Piero EUI affiliated

; VEGA-REDONDO, FernandoDate:2017Citation: Review of financial studies, 2017, Vol. 30, No. 9, pp. 3086–3127 Type:ArticleAbstract:We investigate the socially optimal design of financial networks, that allows to tackle the trade-off between risk sharing and contagion. We identify conditions on the shock distribution under which full integration or ...

Title:Essays on macro financial linkages Author(s):ABBATE, AngelaDate:2016Citation: Florence : European University Institute, 2016 Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:The first chapter, joint with Dominik Thaler, is a New Keynesian model of how monetary policy can in uence the risk-taking behaviour of banks. Lower interest rates change bank incentives, making them prefer riskier ...

Title:Three essays in macroeconomics Author(s):LISACK, NoëmieDate:2016Citation: Florence : European University Institute, 2016 Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:Two different themes, both within Macroeconomics, are tackled in this work. The first and second chapters study how enterprises access financial resources to finance their investment. The third chapter relates to international ...

Title:Bearing the losses from bank and sovereign default in the Eurozone Editor(s):ALLEN, Franklin; CARLETTI, Elena EUI affiliated

; GRAY, JoannaDate:2014Citation: Philadelphia : FIC Press, 2014 Type:BookSeries/Number:[Global Governance Programme]; [Europe in the World]Abstract:The European University Institute (EUI) and the Wharton Financial Institutions Center (FIC), Wharton School, University of Pennsylvania) organised a conference entitled “Bearing the Losses from Bank and Sovereign Default ...

Title:Life in the Eurozone With or Without Sovereign Default? Editor(s):ALLEN, Franklin; CARLETTI, Elena EUI affiliated

; CORSETTI, GiancarloDate:2011Citation: Philadelphia, FIC Press, 2011 Type: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:Financial Crises and International Trade: The Long Way to Recovery Author(s):BERMAN, NicolasDate:2009Type:Working PaperSeries/Number:EUI ECO; 2009/23Abstract: amount of exports by firms); (ii) a balance-sheet effect, i.e. a modification of the fixed cost of exports, which negatively affects the extensive margin of trade (the number of exporters). We derive from our model a ...

Title:Financial Crises and International Trade: The Long Way to Recovery Author(s):BERMAN, NicolasDate:2009Type:Working PaperSeries/Number:EUI MWP; 2009/04Abstract:Standard theoretical models would predict that a currency depreciation generates an increase in net exports. However, recent emerging market crises, accompanied by sharp exchange rate devaluation, have often been followed ...