Research

Why do bank loans react with a delay to shifts in interest rates? A bank capital explanation

Economic Modelling, Vol 26, Issue 5, Pages 799-806. 2009.

 

The Role of Interbank Markets in Monetary Policy: A Model with Rationing (with Xavier Freixas)

Journal of Money, Credit and Banking, Vol 40, Issue 6, pages 1151-1176. 2008.

 

Appendix of the paper "The Role of Interbank Markets in Monetary Policy: A Model with Rationing" (with Xavier Freixas)

A working paper version can be consulted at Universitat Pompeu Fabra Economics and Business Working Paper No. 1027

 

Basel II Capital Requirements, Firms' Heterogeneity, and the Business Cycle (with Inês Drumond)