Now showing items 1-2 of 2

    • Indirect Contagion in an Originate-to-Distribute Banking Model 

      Pinna A (2014)
      In a model of Originate-To-Distribute (OTD) banking, I show that contagion may spread before any preference shock, fire sale, or change in haircuts takes place. The drivers of contagion are opaqueness of collateral and ...
    • Moonlighting Politicians: Motivation Matters! 

      Fedele A; Naticchioni P (2013)
      We study self-selection into politics and commitment once in office of citizens with different abilities and motivations in a framework where moonlighting is allowed. We find that high-ability motivated (public-fit) ...