Pablo D'Erasmo

Federal Reserve Bank of Philadelphia - Research Department

Ten Independence Mall

Philadelphia, PA 19106-1574

United States

  • Federal Reserve Bank of Philadelphia - Research Department

SCHOLARLY PAPERS

21

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1,979

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200

CROSSREF CITATIONS

23

Scholarly Papers (21)

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1.

Capital Requirements in a Quantitative Model of Banking Industry Dynamics

Downloads 415 (122,690)
Citation 49

Capital Requirements in a Quantitative Model of Banking Industry Dynamics

FRB of Philadelphia Working Paper No. 14-13
Number of pages: 58 Posted: 30 Apr 2014
Dean Corbae and Pablo D'Erasmo
University of Wisconsin - Madison and Federal Reserve Bank of Philadelphia - Research Department
Downloads 396 (128,357)
Citation 2

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Banking, Capital requirements, Risk, Commercial bank failure, Market structure

Capital Requirements in a Quantitative Model of Banking Industry Dynamics

NBER Working Paper No. w25424
Number of pages: 68 Posted: 07 Jan 2019 Last Revised: 21 Jun 2023
Dean Corbae and Pablo D'Erasmo
University of Wisconsin - Madison and Federal Reserve Bank of Philadelphia - Research Department
Downloads 19 (921,138)
Citation 8

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2.

Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics

Downloads 146 (340,497)
Citation 15

Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics

FRB of Philadelphia Working Paper No. 17-14
Number of pages: 66 Posted: 21 Jun 2017 Last Revised: 24 Jun 2017
Dean Corbae and Pablo D'Erasmo
University of Wisconsin - Madison and Federal Reserve Bank of Philadelphia - Research Department
Downloads 109 (426,670)

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bankruptcy laws, corporations, United States

Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics

NBER Working Paper No. w23515
Number of pages: 66 Posted: 19 Jun 2017 Last Revised: 03 Apr 2022
Dean Corbae and Pablo D'Erasmo
University of Wisconsin - Madison and Federal Reserve Bank of Philadelphia - Research Department
Downloads 37 (761,885)
Citation 13

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3.

What is a Sustainable Public Debt?

PIER Working Paper No. 15-033
Number of pages: 78 Posted: 15 Sep 2015
Pablo D'Erasmo, Enrique G. Mendoza and Jing Zhang
Federal Reserve Bank of Philadelphia - Research Department, National Bureau of Economic Research (NBER) and Federal Reserve Bank of Chicago
Downloads 140 (351,969)

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Sustainable debt, Fiscal solvency, Austerity, Sovereign Default, Distortionary taxes

4.

Measuring Climate Transition Risk at the Regional Level with an Application to Community Banks

Number of pages: 51 Posted: 28 Dec 2022
Mitchell Berlin, Sung Je Byun, Pablo D'Erasmo and Edison G. Yu
Federal Reserve Bank of Philadelphia - Research Department, Federal Reserve Bank of Dallas - Banking Supervision, Federal Reserve Bank of Philadelphia - Research Department and Federal Reserve Bank of Philadelphia
Downloads 118 (400,482)

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Climate Stress Test, Transition Risk, Greenhouse Gas Emissions, EXIOBASE

5.

History Remembered: Optimal Sovereign Default on Domestic and External Debt

Downloads 117 (402,986)
Citation 8

History Remembered: Optimal Sovereign Default on Domestic and External Debt

PIER Working Paper No. 18-018
Number of pages: 86 Posted: 14 Sep 2018
Pablo D'Erasmo and Enrique G. Mendoza
Federal Reserve Bank of Philadelphia - Research Department and National Bureau of Economic Research (NBER)
Downloads 55 (643,096)

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public debt, sovereign default, debt crisis, European crisis

History Remembered: Optimal Sovereign Default on Domestic and External Debt

FRB of Philadelphia Working Paper No. 19-31
Number of pages: 88 Posted: 23 Oct 2019 Last Revised: 24 Oct 2019
Pablo D'Erasmo and Enrique Mendoza
Federal Reserve Bank of Philadelphia - Research Department and University of Pennsylvania
Downloads 46 (697,851)
Citation 10

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public debt, sovereign defaults, debt crisis, European crisis

History Remembered: Optimal Sovereign Default on Domestic and External Debt

NBER Working Paper No. w25073
Number of pages: 59 Posted: 24 Sep 2018 Last Revised: 06 Jul 2023
Pablo D'Erasmo and Enrique G. Mendoza
Federal Reserve Bank of Philadelphia - Research Department and National Bureau of Economic Research (NBER)
Downloads 16 (952,342)
Citation 2

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6.

Optimal Domestic (And External) Sovereign Default

Downloads 111 (418,795)

Optimal Domestic (And External) Sovereign Default

PIER Working Paper No. 16-019
Number of pages: 74 Posted: 19 Nov 2016
Pablo D'Erasmo and Enrique G. Mendoza
Federal Reserve Bank of Philadelphia - Research Department and National Bureau of Economic Research (NBER)
Downloads 51 (666,551)

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Public debt, sovereign default, debt crisis, European crisis

Optimal Domestic (and External) Sovereign Default

NBER Working Paper No. w22509
Number of pages: 74 Posted: 16 Aug 2016 Last Revised: 03 Jul 2023
Pablo D'Erasmo and Enrique G. Mendoza
Federal Reserve Bank of Philadelphia - Research Department and National Bureau of Economic Research (NBER)
Downloads 32 (801,462)

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Optimal Domestic (and External) Sovereign Default

FRB of Philadelphia Working Paper No. 17-4
Number of pages: 76 Posted: 20 Jun 2017 Last Revised: 11 Jul 2017
Pablo D'Erasmo and Enrique G. Mendoza
Federal Reserve Bank of Philadelphia - Research Department and National Bureau of Economic Research (NBER)
Downloads 28 (835,572)

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public debt, sovereign defaults, debt crisis, European crisis

7.

Investment and Firm Dynamics

Number of pages: 33 Posted: 22 Jun 2007
Pablo D'Erasmo
Federal Reserve Bank of Philadelphia - Research Department
Downloads 106 (432,819)

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Investment, Firms, Financial Constraints, Adjustment Costs

8.

Market Exposure and Endogenous Firm Volatility Over the Business Cycle

FRB of Philadelphia Working Paper No. 14-12
Number of pages: 58 Posted: 02 Apr 2014
Ryan Decker, Pablo D'Erasmo and Hernan J. Moscoso Boedo
University of Maryland, Federal Reserve Bank of Philadelphia - Research Department and University of Cincinnati
Downloads 105 (435,752)
Citation 25

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Endogenous idiosyncratic risk

9.

Access to Credit and the Size of the Formal Sector in Brazil

IDB Working Paper No. IDB-WP-404
Number of pages: 48 Posted: 24 Sep 2013
Pablo D'Erasmo
Federal Reserve Bank of Philadelphia - Research Department
Downloads 94 (472,925)

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10.

Politico Economic Consequences of Rising Wage Inequality

Number of pages: 38 Posted: 13 Sep 2010
Philip Dean Corbae, Pablo D'Erasmo and Burhanettin Kuruscu
University of Wisconsin - Madison - Department of Finance, Investment and Banking, Federal Reserve Bank of Philadelphia - Research Department and University of Toronto - Department of Economics
Downloads 90 (482,767)
Citation 6

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11.

Regulating Clearing in Networks

Number of pages: 76 Posted: 22 Nov 2022
Pablo D'Erasmo, Selman Erol and Guillermo Ordoñez
Federal Reserve Bank of Philadelphia - Research Department, Carnegie Mellon University - David A. Tepper School of Business and University of Pennsylvania - Department of Economics
Downloads 74 (542,562)

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Central Counterparty (CCP), Over-the-counter Trading (OTC), Interbank Networks, Information Transparency, Network Reactions

12.

Banking Regulation with Risk of Sovereign Default

FRB of Philadelphia Working Paper No. 19-15
Number of pages: 42 Posted: 25 Feb 2019 Last Revised: 29 Apr 2020
Pablo D'Erasmo, Igor Livshits and Koen J. L. Schoors
Federal Reserve Bank of Philadelphia - Research Department, Federal Reserve Bank of Philadelphia and Ghent University - Centre for Russian International Socio-Political and Economic Studies (CERISE)
Downloads 63 (590,680)
Citation 1

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Banking, Sovereign default, Prudential regulation, Financial crisis

13.

Market Concentration in Fintech

FRB of Philadelphia Working Paper No. 23-11
Number of pages: 32 Posted: 09 Jun 2023
Dean Corbae, Pablo D'Erasmo and Kuan Liu
University of Wisconsin - Madison, Federal Reserve Bank of Philadelphia - Research Department and University of Arkansas
Downloads 56 (625,799)

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fintech, concentration, mortgage lending

14.

Misallocation, Informality, and Human Capital: Understanding the Role of Institutions

Journal of Economic Dynamics and Control, Forthcoming, FRB of Philadelphia Working Paper No. 14-11
Number of pages: 52 Posted: 02 Apr 2014
Pablo D'Erasmo, Hernan J. Moscoso Boedo and Asli Senkal
Federal Reserve Bank of Philadelphia - Research Department, University of Cincinnati and University of Virginia
Downloads 54 (636,472)
Citation 5

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Financial Structure, Informal Sector, Productivity, Policy Distortions, Human Capital

15.

Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default

Downloads 52 (647,536)
Citation 9

Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default

PIER Working Paper No. 15-031, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 67 Posted: 16 Sep 2015
Pablo D'Erasmo and Enrique G. Mendoza
Federal Reserve Bank of Philadelphia - Research Department and National Bureau of Economic Research (NBER)
Downloads 32 (801,462)
Citation 6

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public debt, sovereign default, European debt crisis

Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default

NBER Working Paper No. w19477
Number of pages: 71 Posted: 28 Sep 2013 Last Revised: 22 Mar 2023
Pablo D'Erasmo and Enrique G. Mendoza
Federal Reserve Bank of Philadelphia - Research Department and National Bureau of Economic Research (NBER)
Downloads 20 (910,909)

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16.

Capital Buffers in a Quantitative Model of Banking Industry Dynamics

FRB of Philadelphia Working Paper No. 21-24
Number of pages: 74 Posted: 14 Jun 2021 Last Revised: 18 Jun 2022
Dean Corbae and Pablo D'Erasmo
University of Wisconsin - Madison and Federal Reserve Bank of Philadelphia - Research Department
Downloads 51 (653,079)

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macroprudential policy, bank size distributions, industry dynamics with imperfect competition.

17.

What is a Sustainable Public Debt?

NBER Working Paper No. w21574
Number of pages: 78 Posted: 21 Sep 2015 Last Revised: 14 Jun 2023
Pablo D'Erasmo, Enrique G. Mendoza and Jing Zhang
Federal Reserve Bank of Philadelphia - Research Department, National Bureau of Economic Research (NBER) and University of Michigan at Ann Arbor
Downloads 51 (653,079)

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18.

Foreign Competition and Banking Industry Dynamics: An Application to Mexico

FRB of Philadelphia Working Paper No. 15-33
Number of pages: 42 Posted: 19 Sep 2015
Dean Corbae and Pablo D'Erasmo
University of Wisconsin - Madison and Federal Reserve Bank of Philadelphia - Research Department
Downloads 49 (664,336)
Citation 1

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Global Banks, Foreign Bank Competition, Bank Industry Dynamics

19.

Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default

FRB of Philadelphia Working Paper No. 16-23
Number of pages: 72 Posted: 10 Aug 2016
Pablo D'Erasmo and Enrique G. Mendoza
Federal Reserve Bank of Philadelphia - Research Department and National Bureau of Economic Research (NBER)
Downloads 40 (721,307)

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20.

Relationship Networks in Banking Around a Sovereign Default and Currency Crisis

FRB of Philadelphia Working Paper No. 19-43
Number of pages: 66 Posted: 27 Nov 2019
Pablo D'Erasmo, Herman J. Moscoso Boedo, Maria Pia Olivero and Maximo Sangiacomo
Federal Reserve Bank of Philadelphia - Research Department, University of Cincinnati, Drexel University and Central Bank of Argentina
Downloads 34 (764,039)
Citation 1

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Sovereign Default, Devaluation, Bank networks

21.

Rising Bank Concentration

NBER Working Paper No. w26838
Number of pages: 41 Posted: 09 Mar 2020 Last Revised: 01 May 2023
Dean Corbae and Pablo D'Erasmo
University of Wisconsin - Madison and Federal Reserve Bank of Philadelphia - Research Department
Downloads 13 (950,873)
Citation 6

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