Vivek Sharma
I am a Fellow at Arcelli Center for Monetary and Financial Studies (CASMEF) in Rome and a Research Associate at Center for Applied Macroeconomic Analysis (CAMA), Crawford School of Public Policy, Australian National University (ANU), Canberra. I was previously a Visiting Researcher at Department of Economics, University of Lancaster Management School and at Department of Economics, University of Melbourne.
I have a PhD in Economics from LUISS, Rome and a Master in Economics from University of Rome II.
I work in macro-banking and macro-finance, with a focus on deep habits in banking. My work contributes to a growing literature that models borrower hold-up and persistent bank-firm relationships as key drivers of credit dynamics and macroeconomic fluctuations.
I have a PhD in Economics from LUISS, Rome and a Master in Economics from University of Rome II.
I work in macro-banking and macro-finance, with a focus on deep habits in banking. My work contributes to a growing literature that models borrower hold-up and persistent bank-firm relationships as key drivers of credit dynamics and macroeconomic fluctuations.
Publications
- Lending Relationships and Boom-Bust Cycles (2026), Journal of Financial Stability
- Real Effects of Bank Shocks (2025), Journal of Financial Stability
Working Papers
- Relationship Lending and the Macroeconomic Costs of Corporate Credit Booms, submitted
- Why Do Recoveries from Financial Crises Take So Long?, submitted
- The (Un)Intended Consequences of Loan-to-Value Ratio Tightening, submitted
- When Valuations Lead Credit: Commercial Real Estate, Relationship Lending and Financial Crises
- Credit Booms without Credit Expansion
- Reckless Banking and Endogenous Financial Crises
- The Consequences of Bank Funding Shocks