Xavier Vives is Professor of Economics and Finance at IESE Business School, Barcelona.
Xavier Vives is Professor of Economics and Finance at IESE Business School, Barcelona.
BARCELONA – The line of credit to Spain from fellow eurozone governments may help to stabilize a fragile banking system, at least in the sho…
BARCELONA – Central bankers and regulators tend to worry that too much competition in the financial sector increases instability and the ris…
BARCELONA – The current global financial crisis has made evident the tremendous pressures to which competition policy is subject on both sid…
Barcelona – The financial crisis, credit crunch, and ensuing economic downturn have severely damaged the credibility of financial markets, i…
BARCELONA – Are banks doomed as a result of the current financial crisis? The securitization of mortgages originally was seen as a triumph,…
BARCELONA: Espańa va bien (Spain is doing well). That phrase is on everyone’s tongue nowadays. So it should be. Spain has not boomed nor fel…
Banking Disunion
Gary Marshall: Hello Mr. Vives, You don't sound hopeful of a resolution. Fiscal integration is needed, and there is a very simple way to achieve it. In conventional economics you are right -- Greece and the o…
Banking Disunion
Frank O'Callaghan: What is the unspoken issue? The bail-outs are to ensure that those who invested in banks have their worthless investments bought out at their full previous value. They were free to gain in the past wh…