Concept

Too big to fail

Related publications (14)

Regulatory Institutions and Governance Costs

In recent decades, the European postal industry has undergone profound reforms, which aim to promote competition while simultaneously maintaining a high level of universal services for consumers. It is often put forth that market opening and the emergence ...

EPFL2012

Low strain sensitivity of the dielectric property of pyrochlore Bi-Zn-Nb-O films

Thermal strain sensitivity of the dielectric property was investigated for (111)-textured polycrystalline Bi-Zn-Nb-O films. Cubic pyrochlore films with similar crystallinity and the degree of the orientation were obtained on various substrates, and their 1 ...

2008

Local parametric analysis of derivatives pricing and hedging

A novel methodology for the analysis of derivatives pricing in incomplete markets is tested empirically. The methodology generates hedge ratios and derivatives prices. They are estimated from the correlation structure between the local co-movements of secu ...

2003

Volatility and Sovereign Default

Luisa Lambertini

Over and over again, history shows that countries default on external debt when their economies experience a downturn. This paper presents a theoretical model of international lending that is consistent with this evidence. Productivity is stochastic and in ...

2003

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