Publications

Reforms following the global financial crisis of 2008 were supposed to create a less risky financial world. But has a one-size-fits all approach to...

Financial markets, even more than other markets, run on trust. This column uses hand-collected data on banks’ investments in European sovereign debt...

Journal of Fixed Point Theory and Applications, 25, 2

Cryptocurrencies have enjoyed a remarkable run from obscurity to a trillion dollar valuation in just over a decade. This column argues, however, that...

Using hand-collected data spanning more than a decade on European banks’ sovereign debt portfolios, we show that the trust of residents of a bank’s...

Climate change has become a major topic of discussion at central banks and financial regulators. Key aspects of this debate include whether and how...

Global macroprudential and microprudential regulatory changes since 2008 have been designed to make a repeat of a systemic crisis much less likely...

Dynamic Games and Applications, 13, 636–668

Journal of Money, Credit and Banking, 54 (7), 1913-1940

A challenge to the conventional wisdom surrounding financial risk, providing insight into why easy solutions to control the financial system are...

Economic researchers can choose between four general purpose programming languages – Julia, MATLAB, Python, and R. This column evaluates the four...

We find some evidence of regulatory convergence in four distinct areas of business activity over the 2005-2019 period. This convergence is most...