Published
Non-bank lending during crises, w/ S Doerr & H Zhou, accepted at Review of Finance, also BIS WP #1074.
Intelligent financial system: how AI is transforming finance, w/ L Gambacorta, A Korinek, V Shreeti & M Stein, conditionally accepted at Journal of Financial Stability, also BIS Working Paper #1194.
Central bank liquidity backstops, bank regulation and risk-taking by asset managers, w/ W Huang & N Tarashev, accepted at Management Science, also BIS WP #933, March 2021. Previously circulated as Asset managers, market liquidity and bank regulation.
Stablecoins, money market funds and monetary policy, w/ G Cornelli, M Ferrari Minesso, L Gambacorta & M M Habib, Economics Letters, Volume 247, February 2025, 112203, also ECB WP #2987, BIS WP #1219. Crypto shock series.
On par: A money view of stablecoins, w/ P Mehrling & DH Neilson, BIS WP # 1146. Journal of Financial Market Infrastructures, 11(4), pp 1–18, September.
Systemic risk in markets with multiple central counterparties, w/ LAM Veraart, Mathematical Finance, vol 35, issue 1, pp214-262, also BIS WP #1052.
The macro-financial effects of international bank lending on emerging markets, w/ P Beltrán, F Grinberg & T Mancini-Griffoli. Journal of International Economics, Volume 142, May 2023, 103733. GIV series. Replication Package (Please get in touch and cite the paper in case you use any data from this folder). Also BIS WP #899.
Operational and cyber risk in the financial sector, w/ L Gambacorta, P Giudici & T Leach. International Journal of Central Banking, Volume 19, Issue 5, December 2023. Also BIS WP #840.
Global and domestic financial cycles: variations on a theme, w/ S Avdjiev, C Borio & P Disyatat, International Journal of Central Banking, Volume 19, Issue 5, December 2023. Also BIS WP #864.
Spillovers of funding dry-ups, w/ F Balke, A Barth & E Eren. Journal of International Economics, Volume 137, July 2022, 103622. Replication Package (Please get in touch and cite the paper in case you use any data from this folder); also BIS WP #810.
Global banks, dollar funding, and regulation, w/ T Ehlers & E Eren. Journal of International Economics, Volume 137, July 2022, 103609. Replication Package (Please get in touch and cite the paper in case you use any data from this folder); also BIS WP #708.
Contagion accounting in stress-testing, w/ AC Hüser & C Kok, Journal of Economic Dynamics and Control, Volume 137, April 2022, 104354.
The drivers of cyber risk, w/ L Gambacorta, P Giudici & T Leach, Journal of Financial Stability, Volume 60, June 2022, 100989.
Bank solvency risk and funding cost interactions in a small open economy: evidence from Korea, w/ CH Cho & K Park. Journal of Banking & Finance, vol 134, January 2022.
The Janus face of bank geographic complexity, w/ B Hardy & M Jager. Journal of Banking & Finance, vol 134, January 2022.
Multiplex interbank networks and systemic importance: An application to European data, w/ I Alves, Journal of Financial Stability, Vol 35, pp 17-37, April 2018.
Bank networks: Contagion, systemic risk and prudential policy, w D Delli Gatti & E Faia, Journal of Economic Behaviour & Organization, Vol 142, pp 164-188, October 2017
Systemic loops and liquidity regulation, w E Faia, Journal of Financial Stability, Vol 27, pp 1-16, December 2016.
Input-output-based measures of systemic importance, w/ I Angeloni, Quantitative Finance, Vol 15, pp 589-606, October 2015.
Less aid proliferation and more donor coordination? The wide gap between words and deeds, w/ P Nunnenkamp & R Thiele, Journal of International Development, Vol 22, 2010.