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Economic and financial debates

Working papers calling for a reflection on issues related to the economics of banking and insurance, and their regulation

Publication Economic and financial debates no. 36:
Why do insurers fail? A comparison of life and non-life insolvencies using a new international database

Plantin & Rochet (2016) document how insurers often engage in risk-shifting years before the materialization of a failure. This paper empirically examines this claim by testing the mechanisms of insurance insolvency, using a first-of-its-kind...

  • Published on 12/01/2020
  • FR
  • PDF (1.93 MB)
Publication Economic and financial debates no. 35:
Determinants of Banks’ Liquidity: a French Perspective on Interactions between Market and Regulatory Requirements

The paper investigates the impact of solvency and liquidity regulation on banks' balance sheet structure. The Covid-19 pandemics shows that periods of sharp increase in risk aversion often result in liquidity strains for banks due to the...

  • Published on 06/16/2020
  • FR
  • PDF (1.75 MB)