1. Discussion and Working Paper // 2012

    Does the Iranian oil supply matter for the oil prices?

    There is an increasing tension between the Iranian Government and the west on an increasingly likely European oil embargo and the Iranian threat to close the Strait of Hormuz. The main question is: What will…

  2. Discussion and Working Paper // 2011

    Measuring systemic risk of the European banking sector

    Last year’s European bank stress tests were faulty to say the least. For example, those tests failed to find problems with any of the Irish Banks that soon afterwards dragged Ireland into its current crisis.…