Concept
Grande Récession de 2008
Publications associées (34)
Essays in macro-finance and deep learning
This thesis studies the origins and consequences of financial crises, and computational techniques to solve continuous-time economic models that explain such crises. The first chapter shows that financial recessions are typically characterised by a large r ...
EPFL2023The Rebound Effects from Industrial Energy Efficiency Improvements
In energy policy, energy efficiency constitutes a central element in reducing domestic and, specifically, industrial en-ergy use. Unfortunately, the effectiveness of energy efficiency improvements in achieving its targets is known to be limited by rebound ...
EPFL2022Dominant currency debt
We propose a “debt view” to explain the dominant international role of the dollar. Within a simple capital-structure model with debt-currency choice, we show that the “dominant currency” is the one that (1) depreciates in global downturns over horizons of ...
2021Essays in Financial Economics
This thesis consists of three parts that study separate subjects in corporate finance and corporate governance. The overarching theme is ownership by CEOs and other insiders.
In the first part, which is co-authored work with Rüdiger Fahlenbrach, René M. ...
EPFL2020Austerity in the Aftermath of the Great Recession
Cross-country differences in austerity, defined as government purchases below forecast, account for 75 percent of the observed cross-sectional variation in GDP in advanced economies during 2010-2014. Statistically, austerity is associated with lower GDP, l ...
2019Stepwells: Reviving India’s Cultural and Traditional Water Storage Systems
Water has been foreseen to be the cause of the next great global crisis. India has 18% of the world population but only 4% of the world’s water resources. This brings us to the important issue that India may lack overall long-term availability of replenish ...
Paul Scherrer Institute, World Resources Forum2019