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Regular version of the site
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Contacts

109028, Moscow
11 Pokrovsky Boulevard,
Room Т-614
Phone: (495) 628-83-68

Administration
Academic Supervisor Konstantin Sonin
First Deputy Dean Sergey Merzlyakov
Deputy Dean for Academic Work Elena Pokatovich
Deputy Dean for Research Daniel Karabekyan
Deputy Dean for International Affairs Ludmila S. Zasimova
Deputy Dean for Undergraduate Studies Elena Burmistrova
Book
Recent Advances of the Russian Operations Research Society

Edited by: F. T. Aleskerov, А. А. Васин.

Cambridge: Cambridge Scholars Publishing, 2020.

Article
Engineering solutions in the field of digital transformation of the electric power industry

Gibadullin A., Ryabinina E., Morkovkin D. et al.

IOP Conference Series: Materials Science and Engineering (MSE). 2020. No. 862. P. 55-62.

Book chapter
Chapter 10. Credit rating patterns: a financial approach for industrial companies

Дьячкова Н. Ф., Karminsky A. M.

In bk.: Recent Advances of the Russian Operations Research Society. Cambridge: Cambridge Scholars Publishing, 2020. P. 163-177.

Working paper
Regional Accessibility of Higher Education in Russia

Bogdanova P., Prakhov I.

Education. EDU. Высшая школа экономики, 2020. No. 58/EDU/2020.

FES/ICEF International Webinar Series with Emanuele Tarantino, University of Mannheim

12+
*recommended age
Event ended

We are happy to announce our next International Webinar (Joint FES and ICEF) on May  28 (Thursday)  at  13:00.

EMANUELE TARANTINO from the University of Mannheim will present his paper "The Impact of Alternative Modes of Bank Consolidation on Credit Supply and Financial Stability (joint work with S. Mayordomo and N. Pavanini)."

 

Abstract: Between 2009 and 2011, the Spanish banking system underwent a restructuring process based on consolidation of savings banks. The program's design allows us to study how alternative forms of consolidation affect credit supply and financial stability. Compared to bank business groups, we find that bank mergers' market power produces a contraction in credit supply, higher interest rates, but also a reduction in non-performing loans. We then estimate a structural model of credit demand and supply, to show that short-run welfare gains from improved financial stability outweigh losses from reduced credit supply, and small long-run cost efficiencies generate large welfare  increases. 

 

Speaker: EMANUELE TARANTINO
Title: The Impact of Alternative Modes of Bank Consolidation on Credit Supply and Financial Stability (joint work with S. Mayordomo and N. Pavanini).
Date:  May 28, 2020
Time: 13:00-14:00
Venue: Zoom

 Registration is mandatory and only takes a few seconds. Please use the following link at least 24 hours before the talk:

 

https://us02web.zoom.us/meeting/register/tZYvd-CorjsiHdLPy3dT_Tq4DMLeQWQ6jkO4