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 ...
In architectural historiography, it is widely accepted that in the aftermath of WWII, Modern Architecture found itself in the trouble of redefining its quest, its meaning, and its purpose; a crisis of the Modern before the Post-Modern. Thus, in this partic ...
One effect of the COVID-19 crisis has been to require policymakers to go through the various stages of the risk governance process under conditions of high stress and compressed timescales. In this article we use our risk governance framework to outline th ...
EPFL International Risk Governance Council (IRGC)2020
Financial crises in emerging market economies induce diverging patterns of ownership stakes and subsequent divestiture rates among domestic and foreign acquirers. We rationalize these empirical findings in a tractable model where domestic acquirers are sub ...
This thesis contains four chapters, each of which utilizes new or unusual data sources to analyze a different area of financial economics. In the first chapter, I construct a novel dataset linking individual bankers to large borrowers in the U.S. syndicate ...
n Lebanon, diverse sociopolitical projects have sought to mend the wounds, repair the cracks, and overhaul the loss of the devastating civil war (1975–90). Experts and technopolitics have featured centrally in almost all of them. In my anthropological rese ...
Are some banks prone to perform poorly during crises? If yes, why? In this paper, we show that a bank's stock return performance during the 1998 crisis predicts its stock return performance and probability of failure during the recent financial crisis. Thi ...