 | Winning Connections? Special Interests and the Sale of Failed Banks Author/Editor: Deniz O Igan, Thomas Lambert, Wolf Wagner, Quxian Zhang. Release Date:November, 2017 We study how lobbying affects the resolution of failed banks, using a sample of FDIC auctions between 2007 and 2014. We show that bidding banks that lobby regulators have a higher probability of more...
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| International Policy Coordination and Simple Monetary Policy Rules Author/Editor: Wolfram Berger, Helmut Wagner. Release Date:June, 2006 This paper studies the optimal design of monetary policy in an optimizing two-country sticky price model. We suppose that the production sequence of final consumption goods stretches across both more...
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| Spreading Currency Crises : The Role of Economic Interdependence Author/Editor: Wolfram Berger, Helmut Wagner. Release Date:August, 2002 We analyze in this paper how the mutual dependence of private sector expectations in different countries on one another influences the stability of fixed exchange rate regimes. The crisis more...
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