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Credit Constraints and Growth in a Global Economy (1)

Nicolas Coeurdacier (Sciences-Po)

3 octobre 2012

The Information and Agency Effects of Scores: Randomized Evidence from Credit Committees (1)

Daniel Paravisini (London School of Economics)

TSE, 24 septembre 2012, 12h30–14h00, salle MF323

Information technologies may affect productivity by reducing agents' information processing costs, and by making agents' actions easier to evaluate by the principal. We distinguish these mechanisms empirically in the context of the randomized adoption of credit scoring in a bank that lends...

Shadow Banks and Macroeconomic Instability (1)

Roland Meeks (Bank of England)

24 septembre 2012

Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record (1)

Michael D. Bordo (Rutgers University)

21 septembre 2012

A smoke screen theory of financial intermediation (1)

Régis Breton (Banque de France and CNRS)

TSE, 10 septembre 2012, 12h30–14h00, salle MF 323

This paper explores the role of diversification and size in protecting information. We present a simple two period credit market with a sophisticated lender faced with competitors who free ride on his screening activity. Absent commitment problems, the lender funds one borrower and exerts optimal...

Risk Management and Financial Markets (1)

Toulouse, France, 6–7 septembre 2012

Skill Flows: A Theory of Human Capital and Unemployment (1)

Ross Doppelt (New York University)

6 septembre 2012

Liquidity Traps and Monetary Policy: Managing a Credit Crunch (1)

Francisco Buera (UCLA)

5 septembre 2012

Repos, Fire Sales, and Bankruptcy Policy (1)

Antoine Martin (FED of New York)

17 août 2012

CESifo workshop on the econometrics of long term care (1)

Venise, Italie, 18–19 juillet 2012

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