Browsing LIF-SAFE Working Papers by Keyword "leverage"

Now showing items 1-3 of 3

    • Incentive-Based Capital Requirements 

      Eufinger, Christian; Gill, Andrej (2018-05-02)
      This paper proposes a new regulatory approach that implements capital requirements contingent on executive incentive schemes. We argue that excessive risk-taking in the financial sector originates from the shareholder moral ...

    • Risk Pooling, Leverage, and the Business Cycle 

      Dindo, Pietro; Modena, Andrea; Pelizzon, Loriana (2020-02-25)
      This paper studies the impact of financial sector size and leverage on business cycles and risk-free rates dynamics. We model a general equilibrium productive economy where financial intermediaries provide costly risk ...

    • Twin Picks: Disentangling the Determinants of Risk-Taking in Household Portfolios 

      Calvet, Laurent E.; Sodini, Paolo (2013-03-21)
      This paper investigates risk-taking in the liquid portfolios held by a large panel of Swedish twins. We document that the portfolio share invested In risky assets is an increasing and concave function of financial wealth, ...