"Nonlinear Bank Capital Regulation" with Maximilian Jager
Abstract : Prudential authorities mandate that banks hold equity capital exceeding a share of their risk-weighted assets. How should policymakers design this central tool of financial regulation ? We propose a unifying framework for (...)
CY Cergy Paris Université - Chênes 1 - 4ème étage - salle A406
"Nonlinear Bank Capital Regulation" with Maximilian Jager
Abstract : Prudential authorities mandate that banks hold equity capital exceeding a share of their risk-weighted assets. How should policymakers design this central tool of financial regulation ? We propose a unifying framework for (...)
CY Cergy Paris Université - Chênes 1 - 4th floor - Room A406
"Generalized Production Efficiency" co-written with Etienne Lehmann (CRED, Université Paris Panthéon-Assas)
Abstract : When should governments sacrifice production efficiency for redistribution ? We generalize the celebrated result of Diamond & Mirlees (1971) by allowing for imperfect (...)
CY Cergy Paris Université - Chênes 1 - 4ème étage - salle A406
"Generalized Production Efficiency" co-written with Etienne Lehmann (CRED, Université Paris Panthéon-Assas)
Abstract : When should governments sacrifice production efficiency for redistribution ? We generalize the celebrated result of Diamond & Mirlees (1971) by allowing for imperfect (...)
CY Cergy Paris Université - Chênes 1 - 4th floor - Room A406
"Hospital Competition and Quality : Evidence from the Entry of the High-Speed Train in South Korea" with Hyesung Yoo and Song Yao
Abstract : This paper leverages the entry of a high-speed train (HST) system in South Korea as a quasi-experiment to establish the causal effect of competition (...)
CY Cergy Paris Université - Chênes 1 - 4ème étage - salle A406
"Hospital Competition and Quality : Evidence from the Entry of the High-Speed Train in South Korea" with Hyesung Yoo and Song Yao
Abstract : This paper leverages the entry of a high-speed train (HST) system in South Korea as a quasi-experiment to establish the causal effect of competition (...)
CY Cergy Paris Université - Chênes 1 - 4th floor - Room A406
