 | Managing the Sovereign-Bank Nexus Author/Editor: Giovanni Dell'Ariccia, Caio Ferreira, Nigel Jenkinson, Luc Laeven, Alberto Martin, Camelia Minoiu, Alex Popov. Release Date:September, 2018 This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? What do we know about it? To what extent more...
| Price: $20.00
|  | Banks, Government Bonds, and Default: What do the Data Say? Author/Editor: Nicola Gennaioli, Alberto Martin, Stefano Rossi. Release Date:July, 2014 We analyze holdings of public bonds by over 20,000 banks in 191 countries, and the role of these bonds in 20 sovereign defaults over 1998-2012. Banks hold many public bonds (on average 9% of their more...
| Price: $18.00
|  | Managing Credit Bubbles Author/Editor: Alberto Martin, Jaume Ventura. Release Date:June, 2014 We study a dynamic economy where credit is limited by insufficient collateral and, as a result, investment and output are too low. In this environment, changes in investor sentiment or market more...
| Price: $18.00
|  | Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Author/Editor: Fernando Broner, Aitor Erce, Alberto Martin, Jaume Ventura. Release Date:December, 2013 In 2007, countries in the Euro periphery were enjoying stable growth, low deficits, and low spreads. Then thefinancial crisis erupted and pushed them into deep recessions, raising their deficits and more...
| Price: $18.00
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