Auflistung LIF-SAFE Working Papers nach Autor "Eisert, Tim"
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Interbank Networks and Backdoor Bailouts: Benefiting from other Banks' Government Guarantees
Eisert, Tim; Eufinger, Christian (2018-05-02)This paper explains why banks derive a benefit from being highly interconnected. We show that when banks are protected by government guarantees they can significantly increase their expected returns by channeling funds ... -
Whatever it Takes: The Real Effects of Unconventional Monetary Policy
Acharya, Viral; Eisert, Tim; Eufinger, Christian; Hirsch, Christian (2017-04-11)Launched in Summer 2012, the European Central Bank (ECB)’s Outright Monetary Transactions (OMT) program indirectly recapitalized European banks through its positive impact on periphery sovereign bonds. However, the stability ...