The redistributive effects of financial deregulation
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jmoneco.2014.08.007
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Anton Korinek & Jonathan Kreamer, 2013. "The Redistributive Effects of Financial Deregulation," NBER Working Papers 19572, National Bureau of Economic Research, Inc.
- Mr. Anton Korinek & Mr. Jonathan Kreamer, 2013. "The Redistributive Effects of Financial Deregulation," IMF Working Papers 2013/247, International Monetary Fund.
References listed on IDEAS
- Carmen M. Reinhart & Kenneth S. Rogoff, 2009.
"Varieties of Crises and Their Dates,"
Introductory Chapters, in: This Time Is Different: Eight Centuries of Financial Folly,
Princeton University Press.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "This Time Is Different: Eight Centuries of Financial Folly," Economics Books, Princeton University Press, edition 1, volume 1, number 8973.
- Reinhart, Carmen, 2009. "The Second Great Contraction," MPRA Paper 21485, University Library of Munich, Germany.
- Thomas Philippon & Ariell Reshef, 2013. "An International Look at the Growth of Modern Finance," Journal of Economic Perspectives, American Economic Association, vol. 27(2), pages 73-96, Spring.
- Markus K. Brunnermeier & Lasse Heje Pedersen, 2009.
"Market Liquidity and Funding Liquidity,"
The Review of Financial Studies, Society for Financial Studies, vol. 22(6), pages 2201-2238, June.
- Brunnermeier, Markus & Pedersen, Lasse Heje, 2007. "Market Liquidity and Funding Liquidity," CEPR Discussion Papers 6179, C.E.P.R. Discussion Papers.
- Lasse Heje Pederson & Markus K Brunnermeier, 2007. "Market Liquidity and Funding Liquidity," FMG Discussion Papers dp580, Financial Markets Group.
- Brunnermeier, Markus K. & Pedersen, Lasse Heje, 2007. "Market liquidity and funding liquidity," LSE Research Online Documents on Economics 24478, London School of Economics and Political Science, LSE Library.
- Markus K. Brunnermeier & Lasse Heje Pedersen, 2007. "Market Liquidity and Funding Liquidity," NBER Working Papers 12939, National Bureau of Economic Research, Inc.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2023.
"Optimal Policy for Macrofinancial Stability,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 15(4), pages 401-428, October.
- Rebucci, Alessandro & Benigno, Gianluca & Otrok, Christopher & Chen, Huigang & Young, Eric, 2012. "Optimal Policy for Macro-Financial Stability," CEPR Discussion Papers 9223, C.E.P.R. Discussion Papers.
- Benigno, Gianluca & Chen, Huigang & Otrok, Chris & Rebucci, Alessandro & Young, Eric, 2012. "Optimal policy for macro-financial stability," LSE Research Online Documents on Economics 51519, London School of Economics and Political Science, LSE Library.
- Gianluca Benigno & Huigang Chen & Chris Otrok & Alessandro Rebucci & Eric Young, 2012. "Optimal Policy for Macro-Financial Stability," CEP Discussion Papers dp1172, Centre for Economic Performance, LSE.
- Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R., 2012. "Optimal Policy for Macro-Financial Stability," IDB Publications (Working Papers) 4202, Inter-American Development Bank.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric Young, 2019. "Optimal Policy for Macro-Financial Stability," Staff Reports 899, Federal Reserve Bank of New York.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric Young, 2012. "Optimal policy for macro-financial stability," Working Papers 2012-041, Federal Reserve Bank of St. Louis.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2019. "Optimal Policy for Macro-Financial Stability," NBER Working Papers 26397, National Bureau of Economic Research, Inc.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric Young, 2012. "Optimal Policy for Macro-Financial Stability," Research Department Publications 4818, Inter-American Development Bank, Research Department.
- Huigang Chen & Eric Young & Christopher Otrok & Alessandro Rebucci & Gianluca Benigno, 2013. "Optimal Policy for Macro-Financial Stability," 2013 Meeting Papers 636, Society for Economic Dynamics.
- Acharya, Viral V. & Cooley, Thomas & Richardson, Matthew & Walter, Ingo, 2010. "Manufacturing Tail Risk: A Perspective on the Financial Crisis of 2007–2009," Foundations and Trends(R) in Finance, now publishers, vol. 4(4), pages 247-325, April.
- David Miles & Jing Yang & Gilberto Marcheggiano, 2013.
"Optimal Bank Capital,"
Economic Journal, Royal Economic Society, vol. 123(567), pages 1-37, March.
- Miles, David & Yang, Jing & Marcheggiano, Gilberto, 2011. "Optimal Bank Capital," CEPR Discussion Papers 8333, C.E.P.R. Discussion Papers.
- Miles, David & Yang, Jing & Marcheggiano, Gilberto, 2011. "Optimal Bank Capital," Discussion Papers 31, Monetary Policy Committee Unit, Bank of England.
- Anat R. Admati & Peter M. DeMarzo & Martin F. Hellwig & Paul Pfleiderer, 2010.
"Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Expensive,"
Discussion Paper Series of the Max Planck Institute for Research on Collective Goods
2010_42, Max Planck Institute for Research on Collective Goods.
- Admati, Anat R. & DeMarzo, Peter M. & Hellwig, Martin F. & Pfleiderer, Paul, 2010. "Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity Is Not Expensive," Research Papers 2065, Stanford University, Graduate School of Business.
- Kiyotaki, Nobuhiro & Moore, John, 1997.
"Credit Cycles,"
Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 211-248, April.
- John Moore & Nobuhiro Kiyotaki, "undated". "Credit Cycles," Discussion Papers 1995-5, Edinburgh School of Economics, University of Edinburgh.
- Nobuhiro Kiyotaki & John Moore, 1995. "Credit Cycles," NBER Working Papers 5083, National Bureau of Economic Research, Inc.
- Ryo Kato, 2003. "Matlab code for Kiyotaki-Moore credit cycles," QM&RBC Codes 113, Quantitative Macroeconomics & Real Business Cycles.
- Suarez, Javier & Martinez-Miera, David, 2012. "A Macroeconomic Model of Endogenous Systemic Risk Taking," CEPR Discussion Papers 9134, C.E.P.R. Discussion Papers.
- Damiano Sandri & Fabián Valencia, 2013.
"Financial Crises and Recapitalizations,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(s2), pages 59-86, December.
- Damiano Sandri & FabiÁn Valencia, 2013. "Financial Crises and Recapitalizations," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(s2), pages 59-86, December.
- Ricardo J Caballero & Guido Lorenzoni, 2014.
"Persistent Appreciations and Overshooting: A Normative Analysis,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 62(1), pages 1-47, April.
- Ricardo J. Caballero & Guido Lorenzoni, 2007. "Persistent Appreciations and Overshooting: A Normative Analysis," NBER Working Papers 13077, National Bureau of Economic Research, Inc.
- Guido Lorenzoni & Ricardo J. Caballero, 2007. "Persistent Appreciations and Overshooting: A Normative Analysis," 2007 Meeting Papers 196, Society for Economic Dynamics.
- Thomas Philippon & Ariell Reshef, 2012. "Wages and Human Capital in the U.S. Finance Industry: 1909--2006," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(4), pages 1551-1609.
- Jeanne, Olivier & Korinek, Anton, 2019.
"Managing credit booms and busts: A Pigouvian taxation approach,"
Journal of Monetary Economics, Elsevier, vol. 107(C), pages 2-17.
- Olivier Jeanne & Anton Korinek, 2010. "Managing Credit Booms and Busts: A Pigouvian Taxation Approach," NBER Working Papers 16377, National Bureau of Economic Research, Inc.
- Jeanne, O. & Korinek, A., 2010. "Managing Credit Booms and Busts : A Pigouvian Taxation Approach," Other publications TiSEM 8593f3f8-b0cb-48d2-b7e1-9, Tilburg University, School of Economics and Management.
- Jeanne, O. & Korinek, A., 2010. "Managing Credit Booms and Busts : A Pigouvian Taxation Approach," Other publications TiSEM 045ab049-f4e4-428e-8495-1, Tilburg University, School of Economics and Management.
- Olivier Jeanne & Anton Korinek, 2010. "Managing Credit Booms and Busts: A Pigouvian Taxation Approach," Working Paper Series WP10-12, Peterson Institute for International Economics.
- Jeanne, O. & Korinek, A., 2010. "Managing Credit Booms and Busts : A Pigouvian Taxation Approach," Discussion Paper 2010-108S, Tilburg University, Center for Economic Research.
- Jeanne, Olivier & Korinek, Anton, 2010. "Managing Credit Booms and Busts: A Pigouvian Taxation Approach," CEPR Discussion Papers 8015, C.E.P.R. Discussion Papers.
- Rey, Patrick & Tirole, Jean, 2007.
"A Primer on Foreclosure,"
Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 33, pages 2145-2220,
Elsevier.
- Rey, Patrick & Tirole, Jean, 2003. "A Primer on Foreclosure," IDEI Working Papers 203, Institut d'Économie Industrielle (IDEI), Toulouse, revised Nov 2005.
- Steven N. Kaplan & Joshua Rauh, 2010.
"Wall Street and Main Street: What Contributes to the Rise in the Highest Incomes?,"
NBER Chapters, in: Corporate Governance,
National Bureau of Economic Research, Inc.
- Steven N. Kaplan & Joshua Rauh, 2010. "Wall Street and Main Street: What Contributes to the Rise in the Highest Incomes?," The Review of Financial Studies, Society for Financial Studies, vol. 23(3), pages 1004-1050, March.
- Steven N. Kaplan & Joshua Rauh, 2007. "Wall Street and Main Street: What Contributes to the Rise in the Highest Incomes?," NBER Working Papers 13270, National Bureau of Economic Research, Inc.
- Hans Gersbach & Jean-Charles Rochet, 2012.
"Aggregate Investment Externalities and Macroprudential Regulation,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44, pages 73-109, December.
- Hans Gersbach & Jean‐Charles Rochet, 2012. "Aggregate Investment Externalities and Macroprudential Regulation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(s2), pages 73-109, December.
- Rochet, Jean Charles & Gersbach, Hans, 2012. "Aggregate Investment Externalities and Macroprudential Regulation," CEPR Discussion Papers 8764, C.E.P.R. Discussion Papers.
- Hans Gersbach & Jean-Charles Rochet, 2012. "Aggregate Investment Externalities and Macroprudential Regulation," Swiss Finance Institute Research Paper Series 12-03, Swiss Finance Institute.
- Viral V. Acharya & Tanju Yorulmazer, 2008.
"Cash-in-the-Market Pricing and Optimal Resolution of Bank Failures,"
The Review of Financial Studies, Society for Financial Studies, vol. 21(6), pages 2705-2742, November.
- Viral Acharya & Tanju Yorulmazer, 2007. "Cash-in-the-market pricing and optimal resolution of bank failures," Bank of England working papers 328, Bank of England.
- Reinhart, Karmen & Rogoff, Kenneth, 2009.
""This time is different": panorama of eight centuries of financial crises,"
Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 77-114, March.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2008. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises," CEMA Working Papers 595, China Economics and Management Academy, Central University of Finance and Economics.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2008. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises," NBER Working Papers 13882, National Bureau of Economic Research, Inc.
- Brent Neiman, 2014.
"The Global Decline of the Labor Share,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(1), pages 61-103.
- Loukas Karabarbounis & Brent Neiman, 2013. "The Global Decline of the Labor Share," NBER Working Papers 19136, National Bureau of Economic Research, Inc.
- Bengt Holmstrom & Jean Tirole, 1998.
"Private and Public Supply of Liquidity,"
Journal of Political Economy, University of Chicago Press, vol. 106(1), pages 1-40, February.
- Holmstrom, B & Tirole, J, 1996. "Private and Public Supply of Liquidity," Working papers 96-21, Massachusetts Institute of Technology (MIT), Department of Economics.
- Bengt Holmstrom & Jean Tirole, 1996. "Private and Public Supply of Liquidity," NBER Working Papers 5817, National Bureau of Economic Research, Inc.
- Abdul Abiad & Enrica Detragiache & Thierry Tressel, 2010.
"A New Database of Financial Reforms,"
IMF Staff Papers, Palgrave Macmillan, vol. 57(2), pages 281-302, June.
- Ms. Enrica Detragiache & Mr. Abdul d Abiad & Mr. Thierry Tressel, 2008. "A New Database of Financial Reforms," IMF Working Papers 2008/266, International Monetary Fund.
- Xavier Freixas & Jean-Charles Rochet, 2008. "Microeconomics of Banking, 2nd Edition," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262062704, April.
- Guido Lorenzoni, 2008.
"Inefficient Credit Booms,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(3), pages 809-833.
- Guido Lorenzoni, 2007. "Inefficient Credit Booms," NBER Working Papers 13639, National Bureau of Economic Research, Inc.
- Olivier Jeanne & Anton Korinek, 2020.
"Macroprudential Regulation versus mopping up after the crash,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(3), pages 1470-1497.
- Olivier Jeanne & Anton Korinek, 2013. "Macroprudential Regulation Versus Mopping Up After the Crash," NBER Working Papers 18675, National Bureau of Economic Research, Inc.
- Anton Korinek & Olivier Jeanne, 2013. "Macroprudential Regulation Versus Mopping Up After the Crash," 2013 Meeting Papers 405, Society for Economic Dynamics.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2014.
"This Time is Different: A Panoramic View of Eight Centuries of Financial Crises,"
Annals of Economics and Finance, Society for AEF, vol. 15(2), pages 215-268, November.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2008. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises," NBER Working Papers 13882, National Bureau of Economic Research, Inc.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2008. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises," CEMA Working Papers 595, China Economics and Management Academy, Central University of Finance and Economics.
- Guillermo A. Calvo & Fabrizio Coricelli & Pablo Ottonello, 2012. "Labor Market, Financial Crises and Inflation: Jobless and Wageless Recoveries," NBER Working Papers 18480, National Bureau of Economic Research, Inc.
- repec:oup:qjecon:v:129:y:2013:i:1:p:61-103 is not listed on IDEAS
- Olivier Jeanne & Anton Korinek, 2010.
"Excessive Volatility in Capital Flows: A Pigouvian Taxation Approach,"
American Economic Review, American Economic Association, vol. 100(2), pages 403-407, May.
- Olivier Jeanne & Anton Korinek, 2010. "Excessive Volatility in Capital Flows: A Pigouvian Taxation Approach," NBER Working Papers 15927, National Bureau of Economic Research, Inc.
- Olivier Jeanne & Anton Korinek, 2010. "Excessive Volatility in Capital Flows: A Pigouvian Taxation Approach," Working Paper Series WP10-5, Peterson Institute for International Economics.
- Gertler, Mark & Kiyotaki, Nobuhiro, 2010. "Financial Intermediation and Credit Policy in Business Cycle Analysis," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 11, pages 547-599, Elsevier.
- Bernanke, Ben & Gertler, Mark, 1989.
"Agency Costs, Net Worth, and Business Fluctuations,"
American Economic Review, American Economic Association, vol. 79(1), pages 14-31, March.
- Bernanke, Ben & Gertler, Mark, 1988. "Agency Costs, Net Worth, And Business Fluctuations," SSRI Workshop Series 292693, University of Wisconsin-Madison, Social Systems Research Institute.
- John Geanakoplos & Heracles M. Polemarchakis, 1985.
"Existence, Regularity, and Constrained Suboptimality of Competitive Allocations When the Asset Market Is Incomplete,"
Cowles Foundation Discussion Papers
764, Cowles Foundation for Research in Economics, Yale University.
- Geanakoplos, J. & Polemarchakis, H., 1985. "Existence,regularity, and constrained suboptimality of competitive allocations when the asset market is incomplete," LIDAM Discussion Papers CORE 1985037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- GEANAKOPLOS, John D. & POLEMARCHAKIS, Heraklis M., 1986. "Existence, regularity, and constrained suboptimality of competitive allocations when the asset market is incomplete," LIDAM Reprints CORE 711, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Nobuhiro Kiyotaki & Gauti Eggertsson & Andrea Ferrero & Marco Del Negro, 2010. "The Great Escape? A Quantitative Evaluation of the Fed’s Non-Standard Policies," 2010 Meeting Papers 113, Society for Economic Dynamics.
- Campbell, Jeffrey R. & Hercowitz, Zvi, 2009.
"Welfare implications of the transition to high household debt,"
Journal of Monetary Economics, Elsevier, vol. 56(1), pages 1-16, January.
- Jeffrey R. Campbell & Zvi Hercowitz, 2006. "Welfare implications of the transition to high household debt," Working Paper Series WP-06-27, Federal Reserve Bank of Chicago.
- Jensen, Michael C, 1986. "Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers," American Economic Review, American Economic Association, vol. 76(2), pages 323-329, May.
- Anton Korinek, 2011.
"Systemic Risk-Taking: Amplification Effects, Externalities, and Regulatory Responses,"
NFI Working Papers
2011-WP-13, Indiana State University, Scott College of Business, Networks Financial Institute.
- Korinek, Anton, 2011. "Systemic risk-taking: amplification effects, externalities, and regulatory responses," Working Paper Series 1345, European Central Bank.
- Anton Korinek & Enrique G. Mendoza, 2014. "From Sudden Stops to Fisherian Deflation: Quantitative Theory and Policy," Annual Review of Economics, Annual Reviews, vol. 6(1), pages 299-332, August.
- Anton Korinek & Enrique G. Mendoza, 2013. "From Sudden Stops to Fisherian Deflation: Quantitative Theory and Policy Implications," NBER Working Papers 19362, National Bureau of Economic Research, Inc.
- Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R, 2012.
"Optimal Policy for Macro-Financial Stability,"
CEPR Discussion Papers
9223, C.E.P.R. Discussion Papers.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2012. "Optimal Policy for Macro-Financial Stability," IDB Publications (Working Papers) 78701, Inter-American Development Bank.
- Gianluca Benigno & Huigang Chen & Chris Otrok & Alessandro Rebucci & Eric Young, 2012. "Optimal Policy for Macro-Financial Stability," CEP Discussion Papers dp1172, Centre for Economic Performance, LSE.
- Gianluca Benigno & Huigang Chen & Chris Otrok & Alessandro Rebucci & Eric Young, 2012. "Optimal policy for macro-financial stability," LSE Research Online Documents on Economics 51519, London School of Economics and Political Science, LSE Library.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2012. "Optimal policy for macro-financial stability," Working Papers 2012-041, Federal Reserve Bank of St. Louis.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric Young, 2012. "Optimal Policy for Macro-Financial Stability," Research Department Publications 4818, Inter-American Development Bank, Research Department.
- Huigang Chen & Eric Young & Christopher Otrok & Alessandro Rebucci & Gianluca Benigno, 2013. "Optimal Policy for Macro-Financial Stability," 2013 Meeting Papers 636, Society for Economic Dynamics.
- Calvo, Guillermo & Coricelli, Fabrizio & Ottonello, Pablo, 2012. "The Labor Market Consequences of Financial Crises With or Without Inflation: Jobless and Wageless Recoveries," CEPR Discussion Papers 9218, C.E.P.R. Discussion Papers.
- Gertler, Mark & Karadi, Peter, 2011. "A model of unconventional monetary policy," Journal of Monetary Economics, Elsevier, vol. 58(1), pages 17-34, January.
- Furceri, Davide & Loungani, Prakash, 2018. "The distributional effects of capital account liberalization," Journal of Development Economics, Elsevier, vol. 130(C), pages 127-144. Full references (including those not matched with items on IDEAS)
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:- Matyska, Branka, 2021. "Salience, systemic risk and spectral risk measures as capital requirements," Journal of Economic Dynamics and Control, Elsevier, vol. 125(C).
- Brei, Michael & Ferri, Giovanni & Gambacorta, Leonardo, 2023.
"Financial structure and income inequality,"
Journal of International Money and Finance, Elsevier, vol. 131(C).
- Gambacorta, Leonardo & Brei, Michael & ,, 2018. "Financial structure and income inequality," CEPR Discussion Papers 13330, C.E.P.R. Discussion Papers.
- Michael Brei & Giovanni Ferri & Leonardo Gambacorta, 2018. "Financial structure and income inequality," BIS Working Papers 756, Bank for International Settlements.
- Michael Brei & Giovanni Ferri & Leonardo Gambacorta, 2023. "Financial structure and income inequality," Post-Print hal-04126139, HAL.
- Oliver Denk & Boris Cournède, 2015. "Finance and income inequality in OECD countries," OECD Economics Department Working Papers 1224, OECD Publishing.
- Masciandaro, Donato & Volpicella, Alessio, 2016. "Macro prudential governance and central banks: Facts and drivers," Journal of International Money and Finance, Elsevier, vol. 61(C), pages 101-119.
- Hamid Boustanifar & Everett Grant & Ariell Reshef, 2018.
"Wages and Human Capital in Finance: International Evidence, 1970–2011 [Financial reform: what shakes it? What shapes it?],"
Review of Finance, European Finance Association, vol. 22(2), pages 699-745.
- Ariell Reshef & Hamid Boustanifar & Everett Grant, 2017. "Wages and Human Capital in Finance: International Evidence, 1970–2011," Post-Print hal-01472400, HAL.
- Ariell Reshef & Hamid Boustanifar & Everett Grant, 2017. "Wages and Human Capital in Finance: International Evidence, 1970–2011," PSE-Ecole d'économie de Paris (Postprint) hal-01472400, HAL.
- Ariell Reshef & Hamid Boustanifar & Everett Grant, 2017. "Wages and Human Capital in Finance: International Evidence, 1970–2011," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01472400, HAL.
- Lorenzo Esposito & Giuseppe Mastromatteo, 2019. "Defaultnomics: Making Sense of the Barro-Ricardo Equivalence in a Financialized World," Economics Working Paper Archive wp_933, Levy Economics Institute.
- Olivier Jeanne & Anton Korinek, 2020.
"Macroprudential Regulation versus mopping up after the crash,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(3), pages 1470-1497.
- Olivier Jeanne & Anton Korinek, 2013. "Macroprudential Regulation Versus Mopping Up After the Crash," NBER Working Papers 18675, National Bureau of Economic Research, Inc.
- Anton Korinek & Olivier Jeanne, 2013. "Macroprudential Regulation Versus Mopping Up After the Crash," 2013 Meeting Papers 405, Society for Economic Dynamics.
- Bezemer, Dirk & Samarina, Anna & Zhang, Lu, 2020. "Does mortgage lending impact business credit? Evidence from a new disaggregated bank credit data set," Journal of Banking & Finance, Elsevier, vol. 113(C).
- Prasad, Eswar & Zhang, Boyang, 2015.
"Distributional Effects of Monetary Policy in Emerging Market Economies,"
IZA Discussion Papers
9272, Institute of Labor Economics (IZA).
- Eswar Prasad & Boyang Zhang, 2015. "Distributional Effects of Monetary Policy in Emerging Market Economies," NBER Working Papers 21471, National Bureau of Economic Research, Inc.
- Prachi Mishra & Ariell Reshef, 2019.
"How Do Central Bank Governors Matter? Regulation and the Financial Sector,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(2-3), pages 369-402, March.
- Prachi Mishra & Ariell Reshef, 2019. "How Do Central Bank Governors Matter? Regulation and the Financial Sector," PSE-Ecole d'économie de Paris (Postprint) halshs-02973367, HAL.
- Frederic Malherbe, 2020.
"Optimal Capital Requirements over the Business and Financial Cycles,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 12(3), pages 139-174, July.
- Malherbe, Frederic, 2015. "Optimal capital requirements over the business and financial cycles," Working Paper Series 1830, European Central Bank.
- Malherbe, Frédéric, 2015. "Optimal capital requirements over the business and financial cycles," CEPR Discussion Papers 10387, C.E.P.R. Discussion Papers.
- Frederic Malherbe, 2015. "Optimal Capital Requirements over the Business and Financial Cycles," 2015 Meeting Papers 1154, Society for Economic Dynamics.
- Bahamonde, Hector & Trasberg, Mart, 2021. "Inclusive institutions, unequal outcomes: Democracy, state capacity, and income inequality," European Journal of Political Economy, Elsevier, vol. 70(C).
- Hodula, Martin, 2023. "Fintech credit, big tech credit and income inequality," Finance Research Letters, Elsevier, vol. 51(C).
- Eswar S Prasad, 2014.
"Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 62(3), pages 409-429, August.
- Eswar S. Prasad, 2013. "Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies," NBER Working Papers 19668, National Bureau of Economic Research, Inc.
- Prasad, Eswar, 2013. "Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies," IZA Discussion Papers 7777, Institute of Labor Economics (IZA).
- Boris Cournède & Paula Garda & Volker Ziemann, 2015. "Effects of Economic Policies on Microeconomic Stability," OECD Economics Department Working Papers 1201, OECD Publishing.
- Alshubiri, Faris, 2021. "Financial deepening indicators and income inequality of OECD and ASIAN countries," The Journal of Economic Asymmetries, Elsevier, vol. 24(C).
- Boris Cournède & Oliver Denk & Peter Hoeller, 2015. "Finance and Inclusive Growth," OECD Economic Policy Papers 14, OECD Publishing.
- Esposito, Lorenzo & Mastromatteo, Giuseppe, 2020. "When The Contagion Effect Went Live: The First Responses To The Covid-19 Pandemic," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 73(4), pages 467-496.
- Anton Korinek & Enrique G. Mendoza, 2013. "From Sudden Stops to Fisherian Deflation: Quantitative Theory and Policy Implications," NBER Working Papers 19362, National Bureau of Economic Research, Inc.
- Daniel DAIANU, 2017. "When Policies Fuel Economic Cycles," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 167-190, March.
- Donato Masciandaro, 2018. "Central Banks And Macroprudential Policies: Economics And Politics," BAFFI CAREFIN Working Papers 1878, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- David Gabauer & Rangan Gupta & Jacobus Nel & Woraphon Yamaka, 2021.
"Time-Varying Predictability of Labor Productivity on Inequality in United Kingdom,"
Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 155(3), pages 771-788, June.
- David Gabauer & Rangan Gupta & Jacobus Nel & Woraphon Yamaka, 2020. "Time-Varying Predictability of Labor Productivity on Inequality in United Kingdom," Working Papers 202084, University of Pretoria, Department of Economics.
- Philip Arestis, 2021. "UK and other advanced economies productivity and income inequality," International Review of Applied Economics, Taylor & Francis Journals, vol. 35(3-4), pages 355-370, July.
- Giuseppe Mastromatteo & Giuseppe Mastromatteo, 2016. "Minsky at Basel: A Global Cap to Build an Effective Postcrisis Banking Supervision Framework," Economics Working Paper Archive wp_875, Levy Economics Institute.
- Hamid Boustanifar & Everett Grant & Ariell Reshef, 2016. "Wages and human capital in finance: international evidence, 1970-2005," Globalization Institute Working Papers 266, Federal Reserve Bank of Dallas.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Anton Korinek & Jonathan Kreamer, 2014. "The redistributive effects of financial deregulation: wall street versus main street," BIS Working Papers 468, Bank for International Settlements.
- Javier Bianchi, 2016.
"Efficient Bailouts?,"
American Economic Review, American Economic Association, vol. 106(12), pages 3607-3659, December.
- Javier Bianchi, 2012. "Efficient Bailouts?," NBER Working Papers 18587, National Bureau of Economic Research, Inc.
- Javier Bianchi, 2012. "Efficient Bailouts?," Documentos de Trabajo (working papers) 2012, Department of Economics - dECON.
- Javier Bianchi, 2012. "Efficient Bailouts?," 2012 Meeting Papers 162, Society for Economic Dynamics.
- Javier Bianchi, 2012. "Efficient bailouts?," Globalization Institute Working Papers 133, Federal Reserve Bank of Dallas.
- Javier Bianchi, 2016. "Efficient Bailouts?," Working Papers 730, Federal Reserve Bank of Minneapolis.
- Korinek, Anton, 2018.
"Regulating capital flows to emerging markets: An externality view,"
Journal of International Economics, Elsevier, vol. 111(C), pages 61-80.
- Anton Korinek, 2017. "Regulating Capital Flows to Emerging Markets: An Externality View," NBER Working Papers 24152, National Bureau of Economic Research, Inc.
- Korinek, Anton & Sandri, Damiano, 2016.
"Capital controls or macroprudential regulation?,"
Journal of International Economics, Elsevier, vol. 99(S1), pages 27-42.
- Anton Korinek & Damiano Sandri, 2016. "Capital Controls or Macroprudential Regulation?," NBER Chapters, in: NBER International Seminar on Macroeconomics 2015, National Bureau of Economic Research, Inc.
- Anton Korinek & Damiano Sandri, 2014. "Capital Controls or Macroprudential Regulation?," NBER Working Papers 20805, National Bureau of Economic Research, Inc.
- Mr. Anton Korinek & Mr. Damiano Sandri, 2015. "Capital Controls or Macroprudential Regulation?," IMF Working Papers 2015/218, International Monetary Fund.
- Giese, Julia & Nelson, Benjamin & Tanaka, Misa & Tarashev, Nikola, 2013. "Financial Stability Paper No 21: How could macroprudential policy affect financial system resilience and credit? Lessons from the literature," Bank of England Financial Stability Papers 21, Bank of England.
- Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
- Frederic Malherbe, 2020.
"Optimal Capital Requirements over the Business and Financial Cycles,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 12(3), pages 139-174, July.
- Malherbe, Frederic, 2015. "Optimal capital requirements over the business and financial cycles," Working Paper Series 1830, European Central Bank.
- Malherbe, Frédéric, 2015. "Optimal capital requirements over the business and financial cycles," CEPR Discussion Papers 10387, C.E.P.R. Discussion Papers.
- Frederic Malherbe, 2015. "Optimal Capital Requirements over the Business and Financial Cycles," 2015 Meeting Papers 1154, Society for Economic Dynamics.
- Saki Bigio & Adrien d'Avernas, 2021.
"Financial Risk Capacity,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 13(4), pages 142-181, October.
- Saki Bigio, 2012. "Financial Risk Capacity," 2012 Meeting Papers 97, Society for Economic Dynamics.
- Saki Bigio & Adrien d'Avernas, 2019. "Financial Risk Capacity," 2019 Meeting Papers 511, Society for Economic Dynamics.
- Saki Bigio, 2014. "Financial Risk Capacity," Working Papers 22, Peruvian Economic Association.
- Saki Bigio & Adrien d'Avernas, 2019. "Financial Risk Capacity," NBER Working Papers 26561, National Bureau of Economic Research, Inc.
- Brunnermeier, Markus K. & Oehmke, Martin, 2013.
"Bubbles, Financial Crises, and Systemic Risk,"
Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 1221-1288,
Elsevier.
- Markus K. Brunnermeier & Martin Oehmke, 2012. "Bubbles, Financial Crises, and Systemic Risk," NBER Working Papers 18398, National Bureau of Economic Research, Inc.
- Bilge Erten & Anton Korinek & José Antonio Ocampo, 2021.
"Capital Controls: Theory and Evidence,"
Journal of Economic Literature, American Economic Association, vol. 59(1), pages 45-89, March.
- Bilge Erten & Anton Korinek & José Antonio Ocampo, 2019. "Capital Controls: Theory and Evidence," NBER Working Papers 26447, National Bureau of Economic Research, Inc.
- Olivier Jeanne & Anton Korinek, 2020.
"Macroprudential Regulation versus mopping up after the crash,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(3), pages 1470-1497.
- Anton Korinek & Olivier Jeanne, 2013. "Macroprudential Regulation Versus Mopping Up After the Crash," 2013 Meeting Papers 405, Society for Economic Dynamics.
- Olivier Jeanne & Anton Korinek, 2013. "Macroprudential Regulation Versus Mopping Up After the Crash," NBER Working Papers 18675, National Bureau of Economic Research, Inc.
- Jeanne, Olivier & Korinek, Anton, 2019.
"Managing credit booms and busts: A Pigouvian taxation approach,"
Journal of Monetary Economics, Elsevier, vol. 107(C), pages 2-17.
- Jeanne, Olivier & Korinek, Anton, 2010. "Managing Credit Booms and Busts: A Pigouvian Taxation Approach," CEPR Discussion Papers 8015, C.E.P.R. Discussion Papers.
- Olivier Jeanne & Anton Korinek, 2010. "Managing Credit Booms and Busts: A Pigouvian Taxation Approach," NBER Working Papers 16377, National Bureau of Economic Research, Inc.
- Jeanne, O. & Korinek, A., 2010. "Managing Credit Booms and Busts : A Pigouvian Taxation Approach," Other publications TiSEM 045ab049-f4e4-428e-8495-1, Tilburg University, School of Economics and Management.
- Olivier Jeanne & Anton Korinek, 2010. "Managing Credit Booms and Busts: A Pigouvian Taxation Approach," Working Paper Series WP10-12, Peterson Institute for International Economics.
- Jeanne, O. & Korinek, A., 2010. "Managing Credit Booms and Busts : A Pigouvian Taxation Approach," Discussion Paper 2010-108S, Tilburg University, Center for Economic Research.
- Jeanne, O. & Korinek, A., 2010. "Managing Credit Booms and Busts : A Pigouvian Taxation Approach," Other publications TiSEM 8593f3f8-b0cb-48d2-b7e1-9, Tilburg University, School of Economics and Management.
- Javier Bianchi & Enrique G. Mendoza, 2018.
"Optimal Time-Consistent Macroprudential Policy,"
Journal of Political Economy, University of Chicago Press, vol. 126(2), pages 588-634.
- Javier Bianchi & Enrique G. Mendoza, 2013. "Optimal Time-Consistent Macroprudential Policy," NBER Working Papers 19704, National Bureau of Economic Research, Inc.
- Javier Bianchi & Enrique Mendoza, 2015. "Optimal Time-Consistent Macroprudential Policy," PIER Working Paper Archive 15-032, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Aug 2015.
- Enrique Mendoza & Javier Bianchi, 2015. "Optimal Time-Consistent Macroprudential Policy," 2015 Meeting Papers 289, Society for Economic Dynamics.
- Javier Bianchi & Enrique G Mendoza, 2015. "Optimal time-consistent macroprudential policy," BIS Working Papers 516, Bank for International Settlements.
- Ma, Chang, 2020.
"Financial stability, growth and macroprudential policy,"
Journal of International Economics, Elsevier, vol. 122(C).
- Chang Ma, 2018. "Financial Stability, Growth, and Macroprudential Policy," 2018 Meeting Papers 3, Society for Economic Dynamics.
- Thomas Philippon, 2015.
"Has the US Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation,"
American Economic Review, American Economic Association, vol. 105(4), pages 1408-1438, April.
- Thomas Philippon, 2012. "Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation," NBER Working Papers 18077, National Bureau of Economic Research, Inc.
- Philippon, Thomas, 2014. "Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation," CEPR Discussion Papers 9792, C.E.P.R. Discussion Papers.
- Alan Moreira & Alexi Savov, 2014.
"The Macroeconomics of Shadow Banking,"
NBER Working Papers
20335, National Bureau of Economic Research, Inc.
- Alexi Savov & Alan Moreira, 2014. "The Macroeconomics of Shadow Banking," 2014 Meeting Papers 254, Society for Economic Dynamics.
- Albert Queraltó, 2013. "A Model of Slow Recoveries from Financial Crises," International Finance Discussion Papers 1097, Board of Governors of the Federal Reserve System (U.S.).
- Claudio Borio, 2011.
"Rediscovering the Macroeconomic Roots of Financial Stability Policy: Journey, Challenges, and a Way Forward,"
Annual Review of Financial Economics, Annual Reviews, vol. 3(1), pages 87-117, December.
- Claudio Borio, 2011. "Rediscovering the macroeconomic roots of financial stability policy: journey, challenges and a way forward," BIS Working Papers 354, Bank for International Settlements.
- Gerke, R. & Jonsson, M. & Kliem, M. & Kolasa, M. & Lafourcade, P. & Locarno, A. & Makarski, K. & McAdam, P., 2013.
"Assessing macro-financial linkages: A model comparison exercise,"
Economic Modelling, Elsevier, vol. 31(C), pages 253-264.
- Rafael Gerke & Magnus Jonsson & Martin Kliem & Marcin Kolasa & Pierre Lafourcade & Alberto Locarno & Krzysztof Makarski & Peter McAdam, 2012. "Assessing macro-financial linkages: a model comparison exercise," NBP Working Papers 110, Narodowy Bank Polski.
- Gerke, Rafael & Jonsson, Magnus & Kliem, Martin & Kolasa, Marcin & Lafourcade, Pierre & Locarno, Alberto & Makarski, Krzysztof & McAdam, Peter, 2012. "Assessing macro-financial linkages: A model comparison exercise," Discussion Papers 02/2012, Deutsche Bundesbank.
- Mr. Anton Korinek, 2011. "The New Economics of Capital Controls Imposed for Prudential Reasons+L4888," IMF Working Papers 2011/298, International Monetary Fund.
More about this item
Keywords
Financial regulation; Distributive conflict; Rent extraction; Growth of the financial sector;
All these keywords.JEL classification:
- E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:moneco:v:68:y:2014:i:s:p:s55-s67. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505566 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.