Concept
Asset price inflation
Publications associées (31)
Asset Pricing and Monetary Policy
Classical theory asserts that the formation of prices is the result of aggregated decisions ofeconomics agent such as households or corporation. However central banks are very importantagents that have often been neglected in asset pricing models. Central ...
EPFL2022Essays in Monetary Policy and Asset Pricing
This thesis uses machine learning techniques and text data to investigate the relationships that arise between the Fed and financial markets, and their consequences for asset prices.The first chapter, entitled Market Expectations and the Impact of Unconven ...
EPFL2022Magnetogenesis in Higgs-Starobinsky inflation
In the framework of mixed Higgs-Starobinsky inflation, we consider the generation of Abelian gauge fields due to their nonminimal coupling to gravity (in two different formulations of gravity-metric and Palatini). We couple the gauge-field invariants F mu ...
2022Standard model meets gravity: Electroweak symmetry breaking and inflation
Andrey Shkerin, Sebastian Zell
We propose a model for combining the Standard Model (SM) with gravity. It relies on a nonminimal coupling of the Higgs field to the Ricci scalar and on the Palatini formulation of gravity. Without introducing any new degrees of freedom in addition to those ...
AMER PHYSICAL SOC2021Three Problems of Liquidity under Asymmetric Information
This thesis develops models for three problems of liquidity under asymmetric information.
In the chapter "Disclosures, Rollover Risk, and Debt Runs" I build a model of dynamic debt
runs without perfect information in order to understand the impact of asset ...
EPFL2019Three Essays in Banking and Finance
This thesis develops three models that study the motivation of various agents to take on debt,
and the impact that excessive financial leverage can have on social welfare.
In the chapter "Short-term Bank Leverage and the Value of Liquid Reserves", the ince ...
EPFL2019Backreaction of electromagnetic fields and the Schwinger effect in pseudoscalar inflation magnetogenesis
We study magnetogenesis in axionlike inflation driven by a pseudoscalar field phi coupled axially to the electromagnetic (EM) field (beta/M-p)phi F-mu nu(F) over tilde mu nu with dimensionless coupling constant beta. A set of equations for the inflaton fie ...
2019Financial Stability and the Macroeconomy
The financial crisis of 2007-2009 drew attention to the essential role of banks for the macroeconomy and to the importance of having a resilient financial sector. A vulnerability in the financial sector spills over to the real economy and can drive it into ...
EPFL2018Three Essays on Predictability and Seasonality in the Cross-Section of Stock Returns
This thesis examines predictability and seasonality in the cross-section of stock returns. The first chapter, titled ``Infrequent Rebalancing, Return Autocorrelation, and Seasonality,'' shows that a model of infrequent rebalancing can explain specific pred ...
EPFL2017Early life exposure to PCB126 results in delayed mortality and growth impairment in the zebrafish larvae
The occurrence of chronic or delayed toxicity resulting from the exposure to sublethal chemical concentrations is an increasing concern in environmental risk assessment. The Fish Embryo Toxicity (FET) test with zebrafish provides a reliable prediction of a ...
Elsevier Science Bv2015