infonet-economy

A new special issue of The Geneva Papers on risk and insurance is dedicated to Dr Orio Giarini – founder of The Geneva Association – who died on 28 February 2020.

Bolli, Thomas; Caves, Katherine M.; Pusterla, Filippo; Rageth, Ladina; Renold, Ursula; Sritharan, Aranya; Trachsel Díaz-Tejeiro, Sandra

Petkov, Ivalin; Gabrielli, Paolo; Spokaite, Marija

Meuwissen, M.P.M.; Feindt, Peter H.; Slijper, Thomas; Spiegel, Alisa; Finger, Robert; de Mey, Yann; Paas, Wim; Termeer, K.J.A.M.; Poortvliet, P. Marijn; Peneva, Mariya; Urquhart, Julie; Vigani, Mauro; Black, J.E.; Nicholas-Davies, Pip; Maye, Damian; Appel, Franziska; Heinrich, Florian; Balmann, Alfons; Bijttebier, Jo; Coopmans, Isabeau

Flepp, Raphael; Meier, Philippe; Franck, E (2021). The effect of paper outcomes versus realized outcomes on subsequent risk-taking: Field evidence from casino gambling. Organizational Behavior and Human Decision Processes, 165:45-55.

Bolli, Thomas; Caves, Katherine M.; Pusterla, Filippo; Rageth, Ladina; Renold, Ursula; Sritharan, Aranya; Trachsel Díaz-Tejeiro, Sandra

Bolli, Thomas; Caves, Katherine M.; Pusterla, Filippo; Rageth, Ladina; Renold, Ursula; Sritharan, Aranya; Trachsel Díaz-Tejeiro, Sandra

Medo, Matus; Mariani, Manuel; Lü, Linyuan (2021). The fragility of opinion formation in a complex world. Communications Physics, 4:75.

Empirical research suggests that lower interest rates induce banks to take higher risks. We assess analytically what this risk-taking channel implies for optimal monetary policy in a tractable New Keynesian model. We show that this channel creates a motive for the planner to stabilize the real rate. This objective conflicts with the standard inflation stabilization objective. Optimal…