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Designing Stress Scenarios

Thomas Philippon, Cecilia Parlatore   Sep 25,2023

Working Paper No.00074-01

We study the optimal design of stress scenarios. A principal manages the unknown risk exposures of agents by asking them to... Read More

Designing Stress Scenarios

Thomas Philippon, Cecilia Parlatore   Sep 25,2023

Working Paper No.00074-01

We study the optimal design of stress scenarios. A principal manages the unknown risk exposures of agents by asking them to... Read More

Monitor Reputation and Transparency

Ivan Marinovic , Martin Szydlowski   Sep 22,2020

Working Paper No.00045-01

We study the disclosure policy of a regulator overseeing a monitor with reputation concerns, such as a bank or... Read More

Bank capital and the composition of credit

Milton Harris , Christian Opp Marcus Opp   Feb 01,2017

Working Paper No.00021-00

We propose a general equilibrium framework to analyze the cross-sectional distribution of credit and its exposure to shocks to the... Read More