Research

Financial Intermediation · International Finance · Political Economy

Academic Publications / Working Papers


1. Lending Cycles and Real Outcomes: Costs of Political Misalignment (2018) [SRC link]

(with Cagatay Bircan)

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2. Domestic Banks as lightning rods? Home bias and information during Eurozone crisis (2018) [SSRN link]

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3. ECB policy and Eurozone fragility: Was De Grauwe right? (2015) [SSRN link] [Published version]

(with Ana-Maria Fuertes and Elena Kalotychou), Journal of International Money and Finance, Vol. 54, p. 168-185.

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4. Idiosyncratic bank credit risk events and peers' equity: Wake-up calls? (2018)

(Working Paper, with Ana-Maria Fuertes and Dolores Robles)

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5. Financial sector reform in the aftermath of crises (2018)

(Working Paper, with Nauro Campos, Paul De Grauwe & Yuemei Ji)


Book / Report Chapters


1. Private equity as a source of growth (2015) [Published version]

(with Cagatay Bircan, Markus Biesinger, Gian Piero Cigna & Zana Beqiri), EBRD Transition Report 2015-16, Chapter 4.

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2. Trends and value creation in private equity (2015) [Published version]

(with Cagatay Bircan, Markus Biesinger & Zana Beqiri), EBRD Transition Report 2015-16, Chapter 3.

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3. Firm dynamics and productivity (2017) [Published version]

(with Cagatay Bircan), EBRD Transition Report 2017-18, Chapter 2.

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4. Elections and economic cycles: What can we learn from the recent Turkish experience? (2018)

(with Cagatay Bircan), forthcoming in Atiyas, I., Diwan, I. & Malik, A. (eds) 'Crony Capitalism in the Middle East', Oxford University Press.

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5. Financial crises and reforms: Progress or reversals? (2019)

(with Nauro Campos, Paul De Grauwe, Yuemei Ji & Angelo Martelli), forthcoming in Campos, N., De Grauwe, P. & Ji, Y. (eds) 'Political Economy of Structural Reforms', Cambridge University Press.

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6. Labour market regulation and tax reforms in the EU: What works? Issues of sequencing and complementarity (2019)

(with Nauro Campos, Paul De Grauwe, Yuemei Ji & Angelo Martelli), forthcoming in Campos, N., De Grauwe, P. & Ji, Y. (eds) 'Political Economy of Structural Reforms', Cambridge University Press.