This study assesses how banking sector integration and especially cross-border lending affect macroeconomic stability. I use a two-country general equilibrium model with heterogeneous banks that are hit by idiosyncratic shocks. According to the concept of granularity, idiosyncratic shocks to large firms (or: banks) do not have to cancel out under a skewed distribution of firm sizes. Given the...
Franziska Bremus
Malaga, Spanien,
27.08.2012
- 31.08.2012| 27th Annual Congress of the European Economic Association: EEA 2012
This study assesses how banking sector integration and especially cross-border lending affect macroeconomic stability. I use a two-country general equilibrium model with heterogeneous banks that are hit by idiosyncratic shocks. According to the concept of granularity, idiosyncratic shocks to large firms (or: banks) do not have to cancel out under a skewed distribution of firm sizes. Given the...
Franziska Bremus
Prag, Tschechien,
27.06.2012
- 29.06.2012| 18th International Conference on Computing in Economics and Finance: CEF 2012. Society for Computational Economics
This study assesses how banking sector integration and especially cross-border lending affect macroeconomic stability. I use a two-country general equilibrium model with heterogeneous banks that are hit by idiosyncratic shocks. According to the concept of granularity, idiosyncratic shocks to large firms (or: banks) do not have to cancel out under a skewed distribution of firm sizes. Given the...
Franziska Bremus
Rethymno, Griechenland,
24.05.2012
- 26.05.2012| 16th Annual International Conference on Macroeconomic Analysis and International Finance
Franziska Bremus
Rethymno, Griechenland,
24.05.2012
- 26.05.2012| 16th Annual International Conference on Macroeconomic Analysis and International Finance
Franziska Bremus, Claudia M. Buch
Hamburg,
03.04.2012
- 04.04.2012| Macroeconomics, Finance and Real Estate: Workshop an der Helmut-Schmidt-Universität / Universität der Bundeswehr
We use a life cycle model of consumption and portfolio choice to study the effects of social security on the investment decisions of households for the European case. Our model is mainly based on the one developed by Cocco, Gomes, and Maenhout (2005). We extend it by unemployment risk using Markov chains to model the transition between different employment states. In contrast to most models in the...
Vladimir Kuzin, Franziska Bremus
Rethymno, Griechenland,
26.05.2011
- 28.05.2011| 15th Annual International Conference on Macroeconomic Analysis and International Finance
We use a life cycle model of consumption and portfolio choice to study the effects of social security on the investment decisions of households for the European case. Our model is mainly based on the one developed by Cocco, Gomes, and Maenhout (2005). We extend it by unemployment risk using Markov chains to model the transition between different employment states. In contrast to most models in the...
Franziska Bremus, Vladimir Kuzin
Kiel,
07.09.2010
- 10.09.2010| Ökonomie der Familie: Jahrestagung des Vereins für Socialpolitik 2010