Browsing Departament d'Economia i Empresa by Author "Rancière, Romain"

Welcome to the UPF Digital Repository

Browsing Departament d'Economia i Empresa by Author "Rancière, Romain"

Sort by: Order: Results:

  • Gaytan, Alejandro; Rancière, Romain (2001)
    How do the liquidity functions of banks affect investment and growth at different stages of economic development? How do financial fragility and the costs of banking crises evolve with the level of wealth of countries? We ...
  • Rancière, Romain (2002)
    Credit Derivatives are securities that offer protection against credit or default risk of bonds or loans. The credit derivatives emerging market has grown rapidly and credit derivatives are widely used. This paper describes ...
  • Rancière, Romain; Tornell, Aaron; Westermann, Frank (2002)
    We address the question of whether growth and welfare can be higher in crisis prone economies. First, we show that there is a robust empirical link between per-capita GDP growth and negative skewness of credit growth across ...
  • Loayza, Norman; Rancière, Romain (2004)
    This paper studies the apparent contradiction between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect ...
  • Aghion, Philippe; Bacchetta, Philippe; Rancière, Romain; Rogoff, Kenneth (2005)
    This paper offers empirical evidence that a country's choice of exchange rate regime can have a signifficant impact on its medium-term rate of productivity growth. Moreover, the impact depends critically on the country's ...
  • Rancière, Romain; Tornell, Aaron; Westermann, Frank (2002)
    In this paper, we document the fact that countries that have experienced occasional financial crises have on average grown faster than countries with stable financial conditions. We measure the incidence of crisis with the ...
  • Imbs, Jean; Rancière, Romain (2005)
    We revisit the debt overhang question. We first use non-parametric techniques to isolate a panel of countries on the downward sloping section of a debt Laffer curve. In particular, overhang countries are ones where a ...
  • Gaytan, Alejandro; Rancière, Romain (2004)
    This paper presents empirical support for the existence of wealth effects in the contribution of financial intermediation to economic growth, and offers a theoretical explanation for these effects. Using GMM dynamic panel ...

Search


Advanced Search

Browse

My Account