Zobrazeno 1 - 10
of 147
pro vyhledávání: '"Markus K. Brunnermeier"'
Publikováno v:
Risks, Vol 7, Iss 2, p 46 (2019)
In this paper, we develop a framework for measuring, allocating and managing systemic risk. SystRisk, our measure of total systemic risk, captures the a priori cost to society for providing tail-risk insurance to the financial system. Our allocation
Externí odkaz:
https://doaj.org/article/8e40d1db3f6f43a9a0ad8bdd0316dac0
Publikováno v:
The Review of Economic Studies. 89:3115-3153
China’s economic model involves regular and intensive government interventions in financial markets, while Western policymakers often refrain from substantial interventions outside crisis periods. We develop a theoretical framework to rationalize t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::dbac33d9774b468cd3beba3c2de9187b
https://doi.org/10.1093/restud/rdab098
https://doi.org/10.1093/restud/rdab098
Publikováno v:
American Economic Review. 111:1845-1879
Is credit expansion a sign of desirable financial deepening or the prelude to an inevitable bust? We study this question in modern US data using a structural VAR model of 10 monthly frequency variables, identified by heteroskedasticity. Negative redu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e8a64de1b22d3fa2343d37a227052e1e
https://doi.org/10.1257/aer.20180733
https://doi.org/10.1257/aer.20180733
Autor:
Hanno Lustig, Arvind Krishnamurthy, Sydney C. Ludvigson, Markus K. Brunnermeier, Ralph S. J. Koijen, Stefan Nagel, Monika Piazzesi, Emmanuel Farhi
Publikováno v:
The Review of Financial Studies. 34:2126-2160
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5f404785c16f0aa88cb8fee50d986541
https://doi.org/10.1093/rfs/hhaa129
https://doi.org/10.1093/rfs/hhaa129
Publikováno v:
The Review of Corporate Finance Studies
The 2020 COVID-19 crisis can spur research on firms’ corporate finance decisions and their macroeconomic implications, similar to the wave of important research on banking and household finance triggered by the 2008 financial crisis. What are the r
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1ad26045c4a80f073121891f781c3440
https://doi.org/10.1093/rcfs/cfaa015
https://doi.org/10.1093/rcfs/cfaa015
Publikováno v:
The Review of Financial Studies. 33:4272-4317
We analyze the relationship between asset price bubbles and systemic risk, using bank-level data covering almost 30 years. Banks’ systemic risk already rises during a bubble’s buildup and even more so during its bust. The increase in risk strongl
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7cbef4834f7310a279991dafecee1441
https://doi.org/10.1093/rfs/hhaa011
https://doi.org/10.1093/rfs/hhaa011
Publikováno v:
Brookings Papers on Economic Activity. 2020:447-502
Many business sectors and households face an unprecedented loss of income in the current COVID-19 recession, triggering financial distress, separations, and bankruptcy. Rather than stimulating demand, government policy’s main aim should be to provi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a6bbf9c775593358546b9d6d51ee3b22
https://doi.org/10.1353/eca.2020.0014
https://doi.org/10.1353/eca.2020.0014
Autor:
Markus K., Brunnermeier
Gli individui, le istituzioni e le nazioni come possono navigare con successo in un'economia dinamica e globalizzata piena di rischi sconosciuti? La resilienza è la bussola che porta a un contratto sociale vantaggioso per tutti: solo in una società
Autor:
Markus K. Brunnermeier, Ricardo Reis
An incisive overview of the macroeconomics of financial crises—essential reading for students and policy experts alikeWith alarming frequency, modern economies go through macro-financial crashes that arise from the financial sector and spread to th