Nov 8, 2022
In this episode, Karolin Kirschenmann explains why this year’s
Nobel Prize in economics was given to Ben Bernanke, Douglas Diamond
and Philip Dybvig.
We discuss their research on the role of banks in the economy and
the models developed by the researchers. We deep-dive into the
modelling of bank-runs and their relationship to Game Theory.
Karolin Kirschenmann is deputy head of ZEW's Research Unit “Pensions and Sustainable Financial Markets”. Her research focuses on the areas of banking and (global) financial intermediation.