Zobrazeno 1 - 10
of 52
pro vyhledávání: '"Romain Ranciere"'
Publikováno v:
Journal of International Economics. 140:103689
Rejecting a common assumption in the sovereign debt literature, we document that creditor losses (“haircuts”) during sovereign restructuring episodes are asymmetric across debt instruments. We code a comprehensive dataset on instrument-specific h
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::025f2eca071ba5659be7d45a96e8d36a
https://doi.org/10.1016/j.jinteco.2022.103689
https://doi.org/10.1016/j.jinteco.2022.103689
Autor:
Amine Ouazad, Romain Ranciere
Publikováno v:
International Economic Review. 60:721-749
This paper develops a general equilibrium model of location choice with social interactions where mortgage approval rates determine household-specific choice sets that differ across neighborhoods and years in observable and unobservable dimensions. E
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a995e1a5b5c2721004f45eaa0d8fcec4
https://doi.org/10.1111/iere.12366
https://doi.org/10.1111/iere.12366
The paper uses bank- and instrument-level data on asset holdings and liabilities to identify and estimate a general equilibrium model of trade in financial instruments. Bilateral ties are formed as each bank selects the size and the diversification o
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0451ca672ed0ea033fa4f5c13956294e
https://doi.org/10.3386/w26049
https://doi.org/10.3386/w26049
Autor:
Amine Ouazad, Romain Ranciere
The price-amenity arbitrage is a cornerstone of spatial economics, as the response of land and house prices to shifts in the quality of local amenities and public goods is typically used to reveal households' willingness to pay for amenities. With in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8cdda82dc15005d67bff26608a8fe39c
https://doi.org/10.3386/w25701
https://doi.org/10.3386/w25701
Publikováno v:
SSRN Electronic Journal.
This paper uses a unique comprehensive database on French security assets and liabilities to study the dynamics of domestic and external sectoral portfolios, their network structure, and their role in the propagation of shocks. We first show how the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::99269c0be7ec0480902cd3db7e5bf2af
https://doi.org/10.2139/ssrn.3303075
https://doi.org/10.2139/ssrn.3303075
Publikováno v:
Financial Development, Growth, and Crisis: Is There a Trade-Off?
This paper reviews the evolving literature that links financial development, financial crises, and economic growth in the past 20 years. The initial disconnect -- with one literature focusing on the effect of financial deepening on long -- run growth
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::123eaa565a8ec7ee509a15378bed71cc
https://doi.org/10.1596/1813-9450-8237
https://doi.org/10.1596/1813-9450-8237
Rejecting a common assumption in the sovereign debt literature, we document that creditor losses ("haircuts") during sovereign restructuring episodes are asymmetric across debt instruments. We code a comprehensive dataset on instrument-specific hairc
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ea1be830bdeba21b9f9a24b93f18c9f6
https://doi.org/10.3386/w23864
https://doi.org/10.3386/w23864
The paper uses disaggregated data on asset holdings and liabilities to estimate a general equilibrium model where each institution determines the diversification and size of the asset and liability sides of its balance-sheet. The model endogenously g
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::db633600b9b6baa302a3ca3e048eda71
https://doi.org/10.3386/w23572
https://doi.org/10.3386/w23572
Publikováno v:
SSRN Electronic Journal.
Rejecting a common assumption in the sovereign debt literature, we document that creditor losses ("haircuts") during sovereign restructuring episodes are asymmetric across debt instruments. We code a comprehensive dataset on instrument-specific hairc
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::849dd480574722e24736d463fe891aa8
https://doi.org/10.2139/ssrn.3034473
https://doi.org/10.2139/ssrn.3034473
Autor:
Aaron Tornell, Romain Ranciere
Publikováno v:
American Economic Journal: Macroeconomics
American Economic Journal: Macroeconomics, American Economic Association, 2016, 8 (2), pp.1-44. ⟨10.1257/mac.20130190⟩
American Economic Journal: Macroeconomics, American Economic Association, 2016, 8 (2), pp.1-44. ⟨10.1257/mac.20130190⟩
Financial liberalization increases growth, but leads to more crises and costly bailouts. We present a two-sector model in which liberalization, by allowing debt-denomination mismatch, relaxes borrowing limits in the financially constrained sector, bu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::27025c0c6ce8298981c398cf678b8f1d
https://halshs.archives-ouvertes.fr/halshs-01314278
https://halshs.archives-ouvertes.fr/halshs-01314278