Professor of Economics and Director, Centre for Monetary and Financial Studies (CEMFI)

Rafael Repullo

Professor of Economics and Director of the Centre for Monetary and Financial Studies (CEMFI) in Madrid, Spain.

CEMFI Webpage

Personal website

Publications

More publications

Discussion Papers

Moral Hazard and Debt Maturity

We present a model of the maturity of a bank’s uninsured debt. The bank borrows funds and chooses afterwards the riskiness of its assets. This moral...

June 2014

DP 13

Gur Huberman

Rafael Repullo

Discussion Papers

Cyclical Adjustment of Capital Requirements: A Simple Framework

We present a model of an economy with heterogeneous banks that may be funded with uninsured deposits and equity capital. Capital serves to ameliorate...

September 2013

DP 3

Rafael Repullo

Rafael Repullo

Publications

Discussion Papers

Moral Hazard and Debt Maturity

Discussion Papers

Cyclical Adjustment of Capital Requirements: A Simple Framework

News

Mike Burkart - Winner of the 2025 ECGI Finance Series Prize

LSE announces launch of an Initiative in Sustainable Finance

Vacancy: Research Assistant in Finance

Events

The Fifth Annual International Research Conference on Securi ...

Payment Systems Matter: Competition, Innovation, Stability, ...

5th LSE Workshop on Political Economy of Turkey

Seminars

The Origins of Commodity Price Fluctuations

Idiosyncratic Volatility and the ICAPM

Pricing Event Risk: Evidence from Concave Implied Volatility ...

Publications

Financial instability transition under heterogeneous investm ...

India’s Unified Payments Interface (UPI) system and its tran ...

Artificial intelligence and stability