Elisa Parisi-Capone is a senior analyst for finance, banking and Western Europe at Roubini Global Economics. Elisa’s areas of specialty including the four large European Monetary Union members (France, Germany, Italy and Spain); the European Monetary Union; and systematic risk and asset bubbles with a particular focus on credit markets. Her coverage ranges includes banking and capital markets; securitizations, credit derivatives and structured finance; and hedge funds and private equity. Previously, Elisa spent two years as a financial markets analyst at the Swiss Federal Finance Administration in Berne, Switzerland. Elisa holds a master’s degree in economics from New York University and a Lizentiat in economics from the University of Zurich, Switzerland.
Recent Blog Posts by Elisa Parisi-Capone
- Will the Euro Survive the Debt Crisis?
- Preparing for the December 9 Summit
- What Are the Financing Needs of the EZ Periphery?
- Eurozone: Growth Spectrum
- New Bank Stress Tests—Capturing Solvency and Liquidity Risk?
- RGE’s Wednesday Note – A Spanish Inquisition
- Comparing Spain With Ireland and Other PIIGS: Better in Some Ways, More at Risk in Others
- Eurozone: Exchange Rates and Imbalances
- RGE’s Wednesday Note: Multiple Risks From a Multispeed Eurozone Recovery
- RGE’s Wednesday Note: Still Stressed After Tests
- RGE Wednesday Note: Greek Contagion Spreads—Time for Plan B
- The Greek Picture Complicates Further: Is the IMF the Solution?
- RGE’s Wednesday Note – Obama’s Recent Regulatory and Fiscal Proposals
- Latin American CDS: Fully Recovered, What are the Risks?
- The Zombies are Coming… Again
- One Year after Obama’s Election: Regulatory and Fiscal Challenges
- Too-Big-To-Fail: Regulatory Reforms of Systemically Important Institutions
- Eurozone Bank Loss Estimates
- RGE Monitor – Lehman Anniversary – What’s Different? What’s the Same?
- Excess Bank Reserves and Slowing Credit Supply to the Private Sector: The Mechanics
- RGE Monitor – Q2 Performance in Western Europe
- Credit Markets Update: Fundamentals Driven or Too Much Liquidity?
- RGE Monitor – Europe Economic Outlook: Q2 2009 Update
- Regulatory Reforms in G7 Financial Centers
- The Role of Financial Derivatives In The Origin And Spreading of the Subprime Crisis
- Banks’ Q1 Earnings Results: Take With A Pinch Of Salt
- The Public-Private Partnership Investment Program (PPIP) – Will It Work?
- Eastern European Tinderbox: How Explosive Could It Get?
- Obama’s Homeowner Affordability and Stability Plan: A Band-Aid for the Foreclosure Crisis?
- Treasury’s Financial Stability Plan: Will It Work?
- Davos Debate: Reshaping the Future of the Global Financial System
- Satyajit Das On Lehman CDS Settlement: Epilogue
- Total $3.6T Projected Loans and Securities Losses, $1.8T Of Which At U.S. Banks/Brokers: The Specter of Technical Insolvency
- Record Corporate Bond Spreads: A Buying Opportunity?
- Focus on the U.S. Economy
- POST MORTEM – Lehman CDS Settlement: $360bn or $6bn?
- Lehman CDS Payout On October 21: $360bn or $6bn?
- Several Auctions in October: How Does A CDS Settlement Work?
- Can A Market Meltdown Be Prevented?
- The demise of the shadow banking system
- Back-of-the-Envelope Estimate Of Counterparties’ Net CDS Exposure
- Would Lehman’s Default Be a Systemic CDS Event?
- FannieMae & FreddieMac Seized: Bail-Out of the Mortgage Industry
- Commodity Prices and Derivatives Activity
- No Credit Crunch in the Euro Area? Part II
- One Year Later, Still Crunch Time
- Is Merrill’s CDO Transaction With Lone Star Consistent With Markit ABX Pricing?
- How to Solve The GSE Crisis? Overview of Long-Term Solutions
- Cross-Border Bank Lending and International Exposures: Who’s Most Exposed to the U.S.?
- Editor’s Pick – A Black Swan in the Money Market
- Editor’s Pick: Lessons From Prior Banking Crises
- Overview of Fed’s New Lending Facilities
- Editor’s Pick: Banque de France’s Special Report on Liquidity
- Editor’s Pick – Global CDO issuance by type, underlying collateral, currency from 2004-2007q4
- Monoline Insurers – How Do They Work and What’s At Stake?
- Editor’s Pick: The Effective Nationalization of the U.S. Mortgage Market in Q3 07
- Editor’s Pick: Evidence for Employment-Productivity Trade-Off in Europe
- Editor’s Pick: 2008 Global Structured Finance Outlook – Economic and Sector-by-Sector Analysis
- Editor’s Pick: Benefits and Wages: OECD Indicators 2007
- Editor’s Pick: Germany Article IV Consultation – IMF’s Concluding Statement
- Editor’s Pick: Asset Booms and Tax Receipts: The case of Spain, 1995-2006
- Editor’s Pick: Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures
- Editor’s Pick: The Impact of Poor Underwriting Practices and Fraud in Subprime RMBS Performance
- Editor’s Pick: Are emerging market financial crises a thing of the past?
- Editor’s Pick: Report on EU banking sector stability
- Editor’s Pick: Inflation – The New Dimensions
- Editor’s Pick: RMBS: Drivers of 2006 Subprime Vintage Performance
- Editor’s Pick: Who Was Milton Friedman – Response to Paul Krugman
- Editor’s Pick: Market Turmoil and Accounting Impact: 10 Key Questions
- Editor’s Pick: Change and Constancy in the Financial System
- Editor Pick – The collateral frameworks of the Federal Reserve System, the Bank of Japan and the Eurosystem
- Editor Pick – Financial market developments and the work of the Basel Committee
- Editor Pick – Hedge Funds’ Role in the Current Credit Crisis
- Editor Pick – Is Unemployment More Costly Than Inflation?
- Editor Pick – Accounting for Changes in the Homeownership Rate
- Editor Pick – IMF Global Financial Stability Report on Financial Markets Turbulence
- Editor Pick – CDO Asset Management in a Time of Illiquidity
- Editor Pick – OECD Economic Survey of the European Union 2007
- Editor Pick – Global Banks’ LBO Exposure: The Numbers
- Editor Pick – Bank of England’s Take on Turmoil in Financial Markets
- Editor Pick – Asset-Backed Commercial Paper & Global Banks Exposure – 10 Key Questions (free login)
- Editor Pick – European Bank Exposure to Subprime Risk
- Editor Pick – An Introduction to Financial Crises
- Editor Pick – High Yield and Leveraged Loan Market Review (Second Quarter 2007)
- Editor Pick – Emerging Market Liquidity
- Editor Pick – The Global Economy and Financial Markets: Where Next?
- Editor Pick – Current Account Balances and Price Competitiveness in the Euro Area
- Editor Pick – 5 Largest U.S. Investment Banks by Fitch
- Editor Pick – Euro Area Policies: 2007 Article IV Consultation
- Editor Pick – IMF Financial Markets Update
- Editor Pick – S&P Q&A
- Editor Pick – Fitch Credit Derivatives Survey
- Editor Pick – Banks and Climate Change
- Editor Pick – Has the Credit Derivative Swap Market Lowered the Cost of Corporate Debt?
- Editor Pick – Stiglitz on Asian Crisis
- Editor Pick – Offshore Outsourcing and Employment Effects in the OECD
- Editor Pick – Distress selling and asset market feedback
- Editor Pick – The euro bonds and derivates markets
- Editor Pick – Amaranth Aftermath
- Editor Pick – Mergers&Acquisitions Note
- Editor Pick – Hedge Funds: The Credit Market’s New Paradigm
- Editor Pick – Turbulence in Iceland’s financial markets in 2006
- Editor Pick – Analysis of Financial Stability
- Editor Pick – Stiglitz Versus the IMF on the Asian Debt Crisis
- Editor Pick – OECD Economic Survey of the United States 2007
- Editor Pick – Financial Globalization: A Source of Shocks as much as Smoothing?
- Editor Pick – OECD Economic Outlook No. 81
- Editor Pick – How Worrisome Is a Negative Saving Rate?
- Editor Pick – OECD Financial Market Trends No. 92
- Editor Pick – Credit Growth in Advanced Economies: Is More Better?
- Editor Pick – “Chindia”
- Editor Pick – Globalization: What Macro Policy?
- Editor Pick – China’s Financial System: Past, Present and Future
- Editor Pick – The Role of Rating Agencies in the RMBS and CDO Fallout
- Editor Pick – Hedge Fund Correlation: Comparison With 1998
- Editor Pick – Specialization and North-South Competition
- Editor Pick – Strategies for Fighting Unemployment: European Experiences
- Editor Pick – How different are the Fed and the ECB?
- Constant Proportion Debt Obligations (CPDOs) Revisited
- Editor Pick – New strategies for emerging domestic sovereign bond markets
- Editor Pick – Oil Shock and Muted Inflation
- Editor Pick – Adjustment in EMU: Stylized Facts
- Editor Pick – ECB Report on LBO Activity in the EU
- Editor Pick – What Does a Dollar of Debt Get You?
- Editor Pick – Cyclical or Structural Recovery in Germany?
- Editor Pick – Why the housing market is not a bubble, why housing won’t sink the economy
- Editor Pick – Productivity Slowdown and Income Distribution Since 1973: What the Data Show
- Editor Pick – Hedge Fund Replication: Clones or Hybrid Products?
- Editor Pick – The New Face of Private Equity
- Editor Pick – Subprime CDO Downgrade Watch
- Editor Pick – OECD Factbook 2007
- Editor Pick – ‘Social Market Economy’ vs. ‘Market Society’: EU Socialist Group on Hedge Fund/Private Equity Regulation
- Mortgage-Backed Securities, Derivatives, and Indexes: An Introduction
- Editor Pick – Inside the Black Box: Shedding Light on Private Equity
- Editor Pick – Effects of Household Debt on the UK Economy
- Editor Pick – Credit derivatives – risks and opportunities
- Editor Pick – Stiglitz on Prizes vs. Patents
- Editor Pick – Unconventional Monetary Policy
- Editor Pick: Why is it so hard to push the current economy into a recession?
- Editor Pick – Minsky’s Financial Instability Hypothesis presented by PIMCO
- Editor Pick – Who Are the Selloff Losers in Credit Markets?
- Editor Pick – The EEAG 2007 Report on the European Economy
- Editor Pick – Subprime mortgage gauge has technical problems
- Editor Pick – Danish for All? Balancing Flexibility with Security: The Flexicurity Model
- Editor Pick – Hedge Funds: Risks and Returns in Global Capital Markets
- Editor Pick – U.S. Hedge Fund Oversight Guidelines
- Editor Pick – Does Asia’s choice of exchange rate regime affect Europe’s exposure to US shocks?
- Editor Pick – Shrinking Default Rates and the Credit Cycle — New Twists, New Risks
- Editor Pick – What are Credit Investors’ Biggest Concerns?
- Editor Pick: Will Sub-Prime Loan Defaults Create Another Amaranth?
- German economy outgrows USA in per-capita terms
- Editor Pick: Is the Carry Trade Pushing Up European Money Supply?
- Editor Pick: Sources of German Export Boom
- Editor Pick – Productivity Effects of FDI Inflows: A Literature Review
- Risk Areas in the Private Equity Industry
- How Are Private Equity Transactions Funded and Who Bears the Financial Risks?
- Why Are So Many Companies Taken Private?
- Labor Productivity Developments in the Euro Area Compared to the U.S.
- An Analysis of the Systemic Risks Posed by Fannie Mae and Freddie Mac
- Stable Inflation versus Volatile Asset Prices: A Trade-off?
- Monetary Policy, Incentives and Moral Hazard
- Offshore Outsourcing: What is the Impact on Domestic Productivity?
- Income Polarization in the U.S.
