The two-day international workshop, taking place at the ifo Institute in Munich and hosted by CESifo, will gather doctoral students involved in research in the field of the Economics of Digitization with both theoretical and empirical focus Topics of Interest: Telecommunications – Internet and...

Co-authors: Domenico Giannone (Amazon.com) and Anna Kovner (Federal Reserve Bank of New York) We study the relationship between bank capital ratios and the distribution of future real GDP growth. Growth in the aggregate bank capital ratio corresponds to a smaller left tail of GDP—smaller...