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...Indeed, economics professors Ricardo Caballero and Emmanuel Farhi calculate, using data from Barclays, that between 2007 and 2011, the value of safe assets fell from $20.5tn to $12.2tn, equivalent to a drop...
.... —————————————————————————————————— Footnotes [1] Ricardo Caballero et al have published similar work, and John Cochrane has responded to them....
...Market Insight: Mike Story – economy suffers from a shortage of safe assets Ricardo Caballero of MIT offers a theory of the recent financial crisis which investors should consider seriously, notes Story,...
...Ricardo Caballero, Charles Wyplosz and Martin Wolf debate Podcast: The FT Money Show The Money Show this week looks at the winners and losers from Santander’s bid for the UK’s Alliance & Leicester....
...Tuesday, - Economists Forum: Moral hazard misconception Bailouts carry a political cost by giving the appearance of favoring the rich over the working families struggling with foreclosures, writes Ricardo Caballero...
...s Deutsche Bank recruited Alejandro Caballero, a development expert with investment banking experience, to serve as its full-time ?tsunami officer?, managing the bank?s ?14m ($17m, ?...
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