• A Dynamic Behavioral Model of the Credit Boom 

      Peón, David; Antelo, Manel; Calvo-Silvosa, Anxo (Taylor & Francis, 2015)
      [Abstract] In this paper we provide a dynamic model of banking competition where bounded rationality of some competitors explains how the credit cycle is amplified. We model the economic cycle following Rötheli (2012b) ...
    • Mergers in financial services and overlending 

      Peón, David; Antelo, David (Elsevier, 2018)
      [Abstract]: In this paper we build a model of banking competition that considers a managerial-overconfidence setup resulting in two main findings. First, a merger between rational banks may change their behaviour in that, ...