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ELENA CARLETTI

Published Works

REFEREED PUBLICATIONS

“The Economic Impact of Merger Control” (with Philipp Hartmann and Steven Ongena), International Review of Law and Economics, forthcoming

“Deposits and Bank Capital Structure” (with Franklin Allen and Robert Marquez), Journal of Financial Economics, 2015, 118(3), 601-619

“Moral Hazard and Government Guarantees in the Banking Industry” (with Franklin Allen, Itay Goldstein and Agnese Leonello), Journal of Financial Regulation, 2015, 1(1), 30-50

“Stakeholder, Governance, Competition, and Firm Value” (with Franklin Allen and Robert Marquez), Review of Finance, 2015, 19 (3), 1315-1346

“The African Financial Development and Financial Inclusion Gaps” (with Franklin Allen, Robert Cull, Jun "QJ" Qian, Patricio Valenzuela and Lemma Senbet), Journal of African Economies, 2014, 23(5), 614-642

“Money, Financial Stability and Efficiency” (with Franklin Allen and Douglas Gale), Journal of Economic Theory, 2014, 149, 100-127

“What’s Systemic Risk?” (with Franklin Allen), Journal of Money, Credit and Banking, 2013, 45(1), 121-127

“Asset Commonality, Debt Maturity and Systemic Risk” (with Franklin Allen and Ana Babus), Journal of Financial Economics, 2012, 104(3), 519-534

“Deposit Insurance and Risk Taking” (with Franklin Allen and Agnese Leonello), Oxford Review of Economic Policy, 2011, 27(3), 464-478

“New Theories to Underpin Financial Reform” (with Franklin Allen), Journal of Financial Stability, 2013, 9(2), 242-249

“Credit Market Competition and Capital Regulation” (with Franklin Allen and Robert Marquez), Review of Financial Studies, 2011, 24(4), 983–1018, lead article

“An Overview of the Crisis: Causes, Consequences and Solutions” (with Franklin Allen), International Review of Finance, 2010, 10(1), 1–26

“Financial Crises: Theory and Evidence” (with Franklin Allen and Ana Babus), Annual Review of Financial Economics, 2009, 1, 97–116

“Interbank Market Liquidity and Central Bank Intervention” (with Franklin Allen and Douglas Gale), Journal of Monetary Economics, 2009, 56(5), 639–652 

“Mark-to-Market Accounting and Liquidity Pricing” (with Franklin Allen), Journal of Accounting and Economics, 2008, 45(2-3), 358–378

“Multiple-bank Lending: Diversification and Free-riding in Monitoring” (with Vittoria Cerasi and Sonja Daltung), Journal of Financial Intermediation, 2007, 16, 425–451

“Bank Mergers, Competition and Liquidity” (with Philipp Hartmann and Giancarlo Spagnolo), Journal of Money, Credit and Banking, 2007, 39(5), 1067–1107

“Credit Risk Transfer and Contagion” (with Franklin Allen), Journal of Monetary Economics, 2006, 53, 89–111

“The Privatization of Italian Savings Banks – A Role for Germany?” (with Hendrik Hakenes and Isabel Schnabel), DIW Quarterly Journal  for Economic Research (Vierteljahrshefte zur Wirtschaftsforschung), 2005, 74, 32–50

“The Structure of Bank Relationships, Endogenous Monitoring and Loan Rates,” Journal of Financial Intermediation, 2004, 13, 58–86

EDITED BOOKS

Bearing the Losses from Bank and Sovereign Default in the Eurozone, edited volume, with Franklin Allen and Joanna Gray, FIC Press, Wharton Financial Institutions Center, 2014

Political, Fiscal and Banking Union in the Eurozone?, edited volume, with Franklin Allen and Joanna Gray, FIC Press, Wharton Financial Institutions Center, 2013

Governance for the Eurozone – Integration or Disintegration?,  edited volume, with Franklin Allen and Saverio Simonelli, FIC Press, Wharton Financial Institutions Center, 2012

Life in the Eurozone with or without Default?, edited volume, with Franklin Allen and Giancarlo Corsetti, FIC Press, Wharton Financial Institutions Center, 2011

 Liquidity and Crises, edited volume, with Franklin Allen, Jan Pieter Krahnen and Marcel Tyrell, Oxford University Press, 2011 – reviewed in the Journal of Economic Literature

BOOK CHAPTERS AND OTHER PUBLICATIONS

“Does Finance Accelerate or Retard Growth? Theory and Evidence” (with Franklin Allen, Jun Qian and Patricio Valenzuela) in Towards a Better Global Economy Project, Global Citizen Foundation, forthcoming

“Structural Changes in European Financial Systems: The Impact of the Regulatory Framework on Investment in the European Union” (with Franklin Allen and Thorsten Beck), in European Investment Bank (ed.), Investment and Investment Finance in Europe, 2013, 243-275

“Financial Intermediation, the Credit Markets, and Alternative Financial Systems” (with Franklin Allen, Jun Qian, and Patricio Valenzuela) in G.M. Constantinides, M. Harris and R.M. Stulz, Handbook of the Economics of Finance, Elsevier, 2013, Vol. 2A

“Resolving the African Financial Development Gap: Cross-Country Comparisons and a Within-Country Study of Keynia” (with Franklin Allen, Jun Qian, and Patricio Valenzuela), in S. Edwards, S. Johnson and D. Weil (eds.), NBER Volume on African Economic Successes, University of Chicago Press, forthcoming   

“Cross-Border Banking in Europe: Implications for Financial Stability and Macro-prudential Policies” (with Franklin Allen, Thorsten Beck, Philip Lane, Dirk Schoenmaker, and Wolf Wagner), CEPR Policy Report, 2011

“Financial Regulation Going Forward” (with Franklin Allen), in Conference Proceedings of the 38th Oesterreichische Nationalbank Economics Conference on “Central Banking after the Crisis: Responsibilities, Strategies and Instruments,” 137-156

“Introduction to Liquidity and Crises” in F. Allen, E. Carletti, J.P. Krahnen and M. Tyrell (eds.), Liquidity and Crises, Oxford University Press, 2011, 3–32

“Competition, Concentration and Stability in the Banking Sector” Background paper, in OECD Competition Committee Roundtable, Competition, Concentration and Stability in the Banking Sector, DAF/COMP(2010)9, Paris, 13–37

“The Global Financial Crisis” (with Franklin Allen), in Conference Proceedings of the 13th Annual Bank of Chile Conference on “Monetary Policy under Financial Turbulence,” 2011, 23–47

“Mark-to-Market Accounting in Times of Crisis” (with Franklin Allen), Revue d’Économie Financière, 2010, 100, 201–209

“Bank Competition in Europe: Competition Authorities at Work in the Wake of the Financial Crisis” (with Caterina Giannetti, Stefano Caiazza and Giancarlo Spagnolo), World Competition, 2010, 33(4)

“Regulation and Competition Policy in the Banking Sector” (with Xavier Vives), in X. Vives (ed.), Competition Policy in Europe, Fifty Years of the Treaty of Rome, Oxford University Press, 2009, 260–283

“The Roles of Banks in Financial Systems” (with Franklin Allen), in A. Berger, P. Molyneux, J. Wilson (eds.), Oxford Handbook of Banking, Oxford University Press, 2009, 32–57

“Competition and Financial Markets,” Background paper, in OECD Competition Committee Roundtable, Competition and Financial Markets, DAF/COMP (2009)11, Paris, 33–61

“Competition and Regulation in Banking” in A. Boot and A. Thakor (eds.), Handbook in Financial Intermediation, Elsevier, North Holland, 2008, 449–482

“The Role of Liquidity in Financial Crises” (with Franklin Allen), in Maintaining Stability in a Changing Financial System, 2008 Jackson Hole Conference Proceedings, Federal Reserve Bank of Kansas City, 379–412

“Banks, Markets and Liquidity” (with Franklin Allen), The Structure and Resilience of the Financial System, Reserve Bank of Australia’s Conference proceedings, 2007, 201–218

“Kapitalregulierung von Banken und Systemische Risiken im Lichte von Basel II” (with Jan Pieter Krahnen), Zeitschrift für das gesamte Kreditwesen, 2007, 8, 374–376

“Cross-border Banking and Competition Policy” (with Philipp Hartmann and Steven Ongena), European Central Bank Research Bulletin, 2006, 4, 7–10

“Bank Competition and the Role of Regulation” (with Franklin Allen and Robert Marquez), in The Art of the Loan in the 21st Century, Producing, Pricing, and the Regulation Credit, Proceedings of the 41st Annual Conference on Bank Structure and Competition, Federal Reserve Bank of Chicago, 2005, 121–123

“Bank Mergers, Competition and Liquidity” (with Philipp Hartmann and Giancarlo Spagnolo), in Corporate Governance: Implications for Financial Services Firms, Proceeding of the 39th Annual Conference on Bank Structure and Competition, Federal Reserve Bank of Chicago, 2003, 89–99

“Competition and Stability: What’s Special about Banking?” (with Philipp Hartmann), in P. Mizen (ed.), Monetary History, Exchanges Rates and Financial Markets: Essays in Honour  of Charles Goodhart, vol. 2, Cheltenham: Edward Elgar, 2003, 202–229

“Implications of the Bank Merger Wave for Competition and Stability” (with Philipp Hartmann and Giancarlo Spagnolo), in Risk Measurement and Systemic Risk, Proceedings of the Third Joint Central Bank Research Conference (Board of Governors of the Federal Reserve System, Bank of Japan, European Central Bank), 2002, 38–50

“Competition, Regulation and Stability” in M. Polo (ed.), Industria Bancaria e Concorrenza, Il Mulino, Bologna, (in Italian), 2000, 67–136

“The Milk Quotas Dilemma: Which Balance between Competition and Efficiency?” (with Daniela Giangiulio), Meridiana (in Italian), 1998, 32, 233–262

Last change 22/02/2016