Saki Bigio

22.09.2026: Saki Bigio – The heterogeneous bank lending channel of monetary policy

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Presenter: Saki Bigio Affiliation: University of California, Los Angeles, Department of Economics Paper: The Heterogeneous Bank Lending Channel of Monetary Policy Date: September 22, 2026. Time: 15:00 Israel Time. Abstract: How does heterogeneity in banks’ interest-rate risk exposure shape monetary policy transmission? We develop a quantitative macroeconomic model of heterogeneous banks to answer this question. … Read more

05.10.2021: Saki Bigio – A model of credit, money, interest, and prices

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Presenter: Saki Bigio Affiliation: University of California, Los Angeles, Department of Economics. Paper: A Model of Credit, Money, Interest, and Prices Date: October 05, 2021 Time: 15:00 IDT (GMT+3) Abstract: This paper integrates a realistic implementation of monetary policy through the banking system into an incomplete-market economy with wage rigidity. Monetary policy sets policy rates … Read more