Does gender matter in banking?
Gender and banking: Are women better loan officers?
Thorsten Beck, Patrick Behr, Andre Güttler, 28 August 2009
Why are Canadian banks more resilient? And what can we do about risky wholesale funding?
Rocco Huang , Lev Ratnovski, 25 August 2009
During a visit to the London School of Economics last November, HM Queen Elizabeth asked a group of leading economists there: did no one see the banking crisis coming?
Underwriters, rating agencies, and the end of gate-keeping in emerging markets
Marc Flandreau, Norbert Gaillard, Sebastian Nieto-Parra, Juan H. Flores, 21 August 2009
When designing the curriculum for crisis predictors of the future, it may be useful to take stock of the way semi-nonstandard economists already think. Take economic historians for instance. We like to think in terms of counterfactuals; to address questions like “If not this, then what?” Take, for example, the critical issue of rating agencies.
Insurance against systemic crises: The real contract between society and banks
Hans Gersbach, 8 August 2009
In defence of foreign banks
Ralph De Haas, 28 May 2009
“Banker” has recently become something of a dirty word and “foreign banker” a most reviled sub-species. In recent months, foreign-owned banks have, amongst other things, been accused of abandoning some of the emerging markets that have contributed so much to their profitability over the last decade.
Jon Danielsson, Con Keating, 25 May 2009
The bonus culture in financial institutions encouraged excessive risk taking with implications for financial stability; individual traders enjoyed the upside, leaving the financial institution and even the public to suffer the downside (Sibert 2009, Boeri 2009,
Bank ownership and stability: Evidence from Germany
Thorsten Beck, Heiko Hesse, Thomas Kick, Natalja von Westernhagen , 9 May 2009
Since the onset of the financial crisis, bank stability has been at the top of policy makers’ agenda across advanced and developing countries (IMF, 2007). Bank stability, however, seems related in part to size and ownership structures. Some analysts point to the failure of private banks as evidence of the fragility of short-term and profit-oriented banking.
Banking during the Great Depression: The good news
Daniel Gros, 1 May 2009
Every student of money and banking is told that a key factor leading to the Great Depression was the breakdown of the US banking system. However, a closer look at the numbers shows a surprising resilience of the banking system, which continued to make profits even at the bottom of the Depression, whereas most other sectors made losses.
Bank dividends in the crisis: A failure of governance
Viral Acharya, Hyun Song Shin, Irvind Gujral, 31 March 2009
The accumulated losses in the current crisis (at $1.11 trillion since August 2007) have been very large, but so have the headline figures for the amount of new capital raised ($900 billion) as can be seen in Figure 1.
Esther Duflo, 6 March 2009
The Obama administration is reluctant to nationalise banks (or at least some of them). But an increasing number of economists are calling for nationalisation, and even prominent Republicans have now expressed their support for temporary nationalisation.
- Distilling the macroeconomic news flowBeber, Brandt, Luisi
- Fiscal consolidation: At what speed?Blanchard, Leigh
- Public debt and economic growth, one more timePanizza, Presbitero
- Escaping liquidity traps: Lessons from the UK’s 1930s escapeCrafts
- The lessons of the North Atlantic crisis for economic theory and policyStiglitz
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Reichlin, Baldwin, 14 April 2013
CEPR Policy Research
- Political Credit Cycles: The Case of the Euro ZoneFernández-Villaverde, Garicano, Santos
- Winning by Losing: Incentive Incompatibility in Multiple QualifiersDagaev, Sonin
- Income and schoolingBrückner, Gradstein
- Monetary Policy and Rational Asset Price BubblesGalí
- Does Supporting Passenger Railways Reduce R