Becker Friedman Institute
for Research in Economics
The University of Chicago

Research. Insights. Impact. Advancing the Legacy of Chicago Economics.

Macro Financial Linkages Research

Below are links to research papers in the area of macro financial linkages:

2015 Papers

Mandatory Disclosure and Financial Contagion
Fernando Alvarez

Self-fulfilling Runs: Evidence from the U.S. Life Insurance Industry
Nathan Foley-Fisher, Borhan Narajabad, Stéphane Verani


2014 Papers

Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model
Juliane Begenau

The Pass-Through of Sovereign Risk
Luigi Bocola

Intermediation and Voluntary Exposure to Counterparty Risk
Maryam Farboodi

Financial Crises and Policy
Andrea Prestipino


2013 Papers

Financial Crises and Systemic Bank Runs in a Dynamic Model of Banking
Roberto Robatto

Banks' Risk Exposures
Monika Piazzesi, Juliane Begenau, Martin Schneider

Structural GARCH: The Volatility-Leverage Connection
Robert Engle, Emil Siriwardane

Margin Regulation and Volatility
Johannes Brumm, Michael Grill, Felix Kubler, Karl Schmedders

Booms and Banking Crises
Frédéric Boissay, Fabrice Collard, Frank Smets

Sticky Leverage
Joao Gomes, Urban Jermann, Lukas Schmid

Efficient Sovereign Default
Alessandro Dovis

Operationalising a Macroprudential Regime: Goals, Tools and Open Issues
Sujit Kapadia, David Aikman, Andrew G. Haldane


2012 Papers

RAMSI: a top-down stress-testing model
Oliver Burrows, David Learmonth, Jack McKeown


2009 Papers

A Model of a Systemic Bank Run
Harald Uhlig