Zobrazeno 1 - 10
of 104
pro vyhledávání: '"CLAIRE CELERIER"'
Publikováno v:
The Journal of Finance.
Autor:
Claire Celerier, Purnoor Tak
Publikováno v:
SSRN Electronic Journal.
Autor:
Claire Celerier, Purnoor Tak
Publikováno v:
SSRN Electronic Journal.
Autor:
Purnoor Tak, Claire Celerier
Publikováno v:
SSRN Electronic Journal.
This paper investigates whether minorities always benefit from financial inclusion. We show that the Freedman's Savings Bank, established in 1865 after the Civil War, collected deposits from recently freed enslaved people through an intensive marketi
Publikováno v:
SSRN Electronic Journal.
This paper investigates the effects of the issuance of retail products with non-linear payoffs on option prices. For a given underlying asset, when the outstanding volume of products embedding a short-put position increases, implied volatility at the
Publikováno v:
SSRN Electronic Journal.
Autor:
Claire Celerier, Boris Vallee
Publikováno v:
The Quarterly Journal of Economics. 132:1469-1508
This study investigates how banks design financial products to cater to yield-seeking investors. We focus on a large market of investment products targeted exclusively at households: retail structured products. These products typically offer a high r
Publikováno v:
SSRN Electronic Journal.
This paper shows that securities with a non-linear payoff design can foster household risk-taking. We demonstrate this effect empirically by exploiting the introduction of capital guarantee products in Sweden from 2002 to 2007. The fast and broad ado
Autor:
Thomas Kick, Steven Ongena, Marco Pagano, Marco Onado, Claire Celerier, Stefano Micossi, Colin Mayer, Andrea Polo
Publikováno v:
Oxford Scholarship
Finance and investment: The European case
Finance and investment: The European case
We explore the effect of tax reforms that decrease the cost of equity on bank lending. In 2000 and 2006, Italy and Belgium, respectively, introduced an allowance for corporate equity so that both firms and banks could deduct a notional interest on th
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b754291db3733f1911287ec2c0ecd027
https://doi.org/10.1093/oso/9780198815815.003.0010
https://doi.org/10.1093/oso/9780198815815.003.0010
Publikováno v:
SSRN Electronic Journal.
We explore the effect of tax reforms that decrease the cost of equity on bank lending. In 2000 and 2006, Italy and Belgium, respectively, introduced an allowance for corporate equity so that both firms and banks could deduct a notional interest on th