Finance

Finance

  1. Events
  2. Finance

Views Navigation

Event Views Navigation

Today

Job Market Seminars Giuseppe Fiori (Universidade de São Paulo)

"The Macroeconomic Effects of Goods and Labor Markets Deregulation" abstract We develop a dynamic stochastic general equilibrium model with endogenous producer entry and labor market frictions to study the macroeconomic effects of deregulating product and labor markets in Europe. Three results emerge. First, deregulation has positive welfare effects, but it can involve short-run costs, including…

Seminars in Economics Jakub Kastl (Stanford University)

"The 2007 Subprime Market Crisis Through the Lens of European Central Bank Auctions for Short-Term Funds" Abstract We study European banks’ demand for short-term funds (liquidity) during the summer 2007 subprime market crisis. We use bidding data from the European Central Bank’s auctions for one-week loans, their main channel of monetary policy implementation. Our analysis…

Monday Lunch Seminars Vincenzo Merella (Università di Cagliari)

"Sectoral Shocks and Asset Pricing: The Role of Consumer Confidence" (Note: the seminar is on Wednesday) Abstract This paper proposes a theory for the observed relationship between consumer confidence and consumption growth. The idea is thatindicators of confidence identify information on the structure of consumer spending that is not contained in other data. We construct amultisectoral…

Seminars in Economics Ugo Panizza (UN Conference on Trade and Development)

"Too Much Finance?" AbstractThis paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We develop a simple model in which the expectation of a bailout may lead to a financial sector which is too large with respect to the social optimum. We then use…

Distinguished Scientific Lectures Onorato Castellino Lecture: Annamaria Lusardi

"Financial illiteracy: a (solvable) problem of our time" Introduction by Elsa Fornero Annamaria Lusardi is Joel Z. and Susan Hyatt Professor of Economics, Dartmouth College and Research Associate at National Bureau of Economic Research. Elsa Fornero is Professor of Economics, University of Torino, Scientific Coordinator of CeRP and Deputy Chairwoman of the Supervisory Board, Intesa…