Search Results - "Leonello, Agnese"

Government guarantees and the two-way feedback between banking and sovereign debt crises by Leonello, Agnese

“…This paper studies the effects of government guarantees on the interconnection between banking and sovereign debt crises in a framework where both the banks…”
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Credit Market Competition and Liquidity Crises by Carletti, Elena, Leonello, Agnese

“…Abstract We develop a model where banks invest in reserves and loans, and trade loans on the interbank market to deal with liquidity shocks. Two types of…”
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Moral Hazard and Government Guarantees in the Banking Industry by Allen, Franklin, Carletti, Elena, Goldstein, Itay, Leonello, Agnese

“…The massive use of public funds in the financial sector and the large costs for taxpayers are often used to justify the idea that public intervention should be…”
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Loan guarantees, bank underwriting policies and financial stability by Carletti, Elena, Leonello, Agnese, Marquez, Robert

“…Loan guarantees represent a form of government intervention to support bank lending. However, their use raises concerns as to their effect on bank risk-taking…”
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Government guarantees and financial stability by Allen, Franklin, Carletti, Elena, Goldstein, Itay, Leonello, Agnese

“…Banks are intrinsically fragile because of their role as liquidity providers. This results in under-provision of liquidity. We analyze the effect of government…”
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Market Power in Banking by Carletti, Elena, Leonello, Agnese, Marquez, Robert

“…Bank market power, in both loan and deposit markets, has important implications for credit provision and for financial stability. This article discusses these…”
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Deposit insurance and risk taking by Allen, Franklin, Carletti, Elena, Leonello, Agnese

“…We review the theory of deposit insurance, highlighting the underlying assumptions that were not satisfied during the recent financial crisis and that may have…”
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