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Election security and economics: it's all about Eve
(2017)Economics Working Paper SeriesWorking Paper -
Sophisticated attacks on decoy ballots: A Devil's menu and the market for lemons
(2017)Economics Working Paper SeriesWorking Paper -
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A dynamic model of electoral competition with costly policy changes
(2017)Economics Working Paper SeriesWorking Paper -
On banking regulation and lobbying
(2019)Economics Working Paper SeriesWe study the political economy of bank capital regulation from a positive and normative perspective. In a general equilibrium setting, capital requirements and lobbying contributions are determined as the outcome of bargaining between banks and politicians. We show that bankers and politicians agree on lobbying contributions and capital regulation that renders banks fragile, reducing efficiency and fairness. Consideration of all general ...Working Paper -
Deposit insurance in general equilibrium
(2016)Economics Working Paper SeriesWe study the consequences and optimal design of bank deposit insurance in a general equilibrium model. The model involves two production sectors. One sector is financed by issuing bonds to risk–averse households. Firms in the other sector are monitored and financed by banks. Households fundbanks through deposits and equity. Deposits are explicitly insured by a deposit insurance fund. Any remaining shortfall is implicitly guaranteed by the ...Working Paper