The new bail-in doctrine: from an agent based model to the empirical findings
Lead Research Organisation:
University of Surrey
Department Name: Economics
Abstract
Preamble:
"Depositors punished for the first time in Cyprus bailout plan"
This was one of many newspaper headlines in March 2013 explaining and commenting on the unprecedented form of bank recapitalisation. Cyprus became the first European country where the bail-in policy tool was used as a part of its Economic Adjustment Programme when uninsured depositors to the two largest commercial banks contributed their deposits for the resolution and recapitalization of their banks.
"Depositors punished for the first time in Cyprus bailout plan"
This was one of many newspaper headlines in March 2013 explaining and commenting on the unprecedented form of bank recapitalisation. Cyprus became the first European country where the bail-in policy tool was used as a part of its Economic Adjustment Programme when uninsured depositors to the two largest commercial banks contributed their deposits for the resolution and recapitalization of their banks.
Organisations
People |
ORCID iD |
| Cristiano Cantore (Primary Supervisor) | |
| ANTHOULLA PHELLA (Student) |
Studentship Projects
| Project Reference | Relationship | Related To | Start | End | Student Name |
|---|---|---|---|---|---|
| ES/P00072X/1 | 01/10/2017 | 30/09/2027 | |||
| 1946997 | Studentship | ES/P00072X/1 | 01/10/2017 | 28/02/2021 | ANTHOULLA PHELLA |
| Title | Factor-Augmented Quantile Autoregression |
| Description | A new model in which the already established quantile autoregression can be augmented with generated latent factors which summarise a larger information set. |
| Type Of Material | Computer model/algorithm |
| Year Produced | 2019 |
| Provided To Others? | Yes |
| Impact | The model has yet to be finalised so any impacts still remain unknown but it can prove to be suitable tool for policy makers, particularly in the study of inflation. |