Masters student showcases dissertation at the Bank of England
On 27 September, Leeds University Business School student, Andrea Charalambous, presented her dissertation at the Bank of England.
The MSc Banking and International Finance student showcased her research at the Financial Stability Strategy and Risk Directorate.
The student was selected to take part in the Research Support Programme run by the Bank of England (BoE) which enables students from UK universities to experience research at the UK’s Central Bank, as well as receive support from a BoE researcher, in addition to their academic supervisor, when preparing their dissertation. Andrea was jointly supervised by Dr Joshua Cave, Lecturer in Banking and Finance, and Dr Chuan Du, Research Economist from the Bank of England.
Andrea’s dissertation is titled ‘The Effect of the Paycheck Protection Program on Bank Risk-Taking’ and explores the unintended effects of the Paycheck Protection Program (PPP) – a $953 billion US economic stimulus package designed to provide relief for small businesses during the COVID-19 pandemic – on bank risk-taking. Her research suggests that participation in the program significantly increased bank risk-taking outside of the PPP.
Programme Director of the MSc Banking & International Finance, Dr Danilo V. Mascia commented:
We are honoured to have such a valuable collaboration between our MSc Programme and the Central Bank. It provides our talented students with a platform to showcase and challenge their abilities whilst working closely with policymakers on pressing global issues.