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

Rafael Repullo

Research Associates

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

CEMFI Webpage

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

"The Illusion of Control" listed on the FT's "Best books of ...

The New Statesman Interview with Jón Daníelsson

Charles Goodhart featured in the Wall Street Journal

Events

The Third International Annual Capital Markets Conference 20 ...

Call for Papers: 4th LSE Workshop on Political Economy of Tu ...

Seminars

Risk preferences implied by synthetic options

The Financial (In)Stability Real Interest Rate, R**

Unmasking mutual fund derivative use

Publications

The beginning of the end for cryptocurrencies

Cultural Stereotypes of Multinational Banks

The illusion of control