CRC TR 224 EPoS Bonn-Mannheim
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Twitter account of Collaborative Research Center Transregio 224 "Economic Perspectives on Societal Challenges" at University of Bonn & University of Mannheim
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"Pledgeable Collateral, Dealer Leverage, and Runs" by Husnu C. Dalgic, Brittany Almquist Lewis, Andrea Modena is now available:
Collateral protection laws have unintended consequences. We show the 2005 BAPCPA reform protected repo holders but incentivized dealer-banks to dramatically increase leverage, leading to sharper deleveraging during the downturn.
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●US and Chinese tariffs had contrasting effects on third countries
●Economists analyzed more than 200,000 multinationals in 50 major economies
●Interview with Jan Schymik, EPoS Economic Research Center
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Platforms shape what users see and choose. A new paper develops the concept of recommendation power, maps the objectives behind rankings, defaults and prominence, and examines how the EU Digital Markets Act constrains it.
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