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Bank leverage, financial fragility and prudential regulation
We analyse the determinants of banks' balance-sheet and leverage-ratio dynamics and their role in increasing financial fragility. Our results are twofold. First, we... -
Financial instability and ECB monetary policy
International audience -
How to guide the economy towards socially desirable directions ? Some institu...
This article maintains that capitalist market economies have a threefold composite characteristic (the central role of money and financial relations, the crucial role... -
Monetary policy and banking sector : financial instability and new transmissi...
The aim of the thesis is to analyze financial instability. This latter is explained by its link with the cycle and the relation between the monetary policy and the...
