Vorträge des DIW Berlin

Money and Inflation in the Euro Area during the Recent Financial Crisis

Evaluation of Labor Market Programs: The Case of Start-up Subsidies

Die wirtschaftlichen Chancen einer klugen Energiewende

The Intergenerational Transmission of Cognitive and Non-cognitive Skills during Adolescence and Young Adulthood

Consolidating the Water Industry: An Analysis of the Potential Gains from Horizontal and Vertical Integration in a Conditional Efficiency Framework

Responsive Adjustment of Feed-in Tariffs to Dynamic PV Technology Development

Where to Invest for a Secure and Sustainable Energy Future?

Stabilisierung der Staatsfinanzen durch Zwangsanleihen und Vermögensabgaben

Learning from EU ETS: Cap, Allocation and Carbon Price

Innovation Policy for SMEs in Germany: Actual Trends

Fiscal Policy in a Currency Union

Financial Integration and Macroeconomic Stability: What Role for Large Banks?

Presentation on the Research Work of DIW Berlin

On the Welfare Effect of Export Participation of Farmers in Kyrgyzstan

The Risk Taking Channel of Monetary Policy

Presentation on the DIW Graduate Center

Financial Transaction Tax Contributes to More Stability in Financial Markets

Financial Integration and Macroeconomic Stability: What Role for Large Banks?

This study assesses how banking sector integration and especially cross-border lending affect macroeconomic stability. I use a two-country general equilibrium model with heterogeneous banks that are hit by idiosyncratic shocks. According to the concept of granularity, idiosyncratic shocks to large firms (or: banks) do not have to cancel out under a skewed distribution of firm sizes. Given the...

Discussant: The Consequences of Banking Crises for Public Debt. Davide Furceri, Aleksandra Zdzienicka

Business Cycles and Financial Intermediation in Emerging Economies

This paper explores the quantitative role of financial market frictions on capital flows and the business cycle in emerging markets. A financial sector in close analogy to Gertler and Karadi (2011) is embedded in an otherwise standard neoclassical model of a small open economy. An agency problem between international investors and domestic banks gives rise to an endogenously determined leverage...