Publications

Publications in refereed journals

The collateral composition channel, with R. Cooper
American Economic Journal: Macro, vol 12, no. 1 (January 2020): 45-75

Booms and banking crises, with F. Collard and F. Smets
Journal of Political Economy, vol 124, no. 2 (April 2016): 489-538
Replication material

Payment defaults and interfirm liquidity provision, with R. Gropp
Review of Finance, vol 17, no 1 (January 2013): 1853-1894

Institutional publications

Tools for managing banking distress: historical experience and lessons for today, with S. Claessens, and A. Villegas
BIS Quarterly Review, December 2020

Trade credit, trade finance, and the Covid-19 crisis, with N. Patel and H-S. Shin
BIS Bulletin, June 2020

Dealing with Covid-19: understanding the policy choices, with D. Rees and P. Rungcharoenkitkul
BIS Bulletin, May 2020

Macroeconomic effects of Covid-19: an early review, with P. Rungcharoenkitkul
BIS Bulletin, April 2020

Impact of financial regulations: insights from an online repository of studies, with C. Cantu, S. Claessens, and A. Villegas
BIS Quarterly Review, March 2019

Publications in books

Big techs in finance: on the new nexus between data privacy and competition, with T. Ehlers, L. Gambacorta and H-S. Shin in Palgrave Handbook of Technological Finance, June 2021.

Is lending in Central and Eastern Europe developing too fast?, with O. Calvo-Gonzales, T. Kozluk, in Financial development, integration, and stability, edited by K. Liebscher, J. Christl, P. Mooslechner, D. Ritzberger-Grünwald, November 2006