Zhiguo He
Citations
Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.RePEc Biblio mentions
As found on the RePEc Biblio, the curated bibliography of Economics:- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020.
"Treasury Inconvenience Yields during the COVID-19 Crisis,"
NBER Working Papers
27416, National Bureau of Economic Research, Inc.
- He, Zhiguo & Nagel, Stefan & Song, Zhaogang, 2022. "Treasury inconvenience yields during the COVID-19 crisis," Journal of Financial Economics, Elsevier, vol. 143(1), pages 57-79.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020. "Treasury Inconvenience Yields during the COVID-19 Crisis," Working Papers 2020-79, Becker Friedman Institute for Research In Economics.
Mentioned in:
Wikipedia or ReplicationWiki mentions
(Only mentions on Wikipedia that link back to a page on a RePEc service)- Zhiguo He & Arvind Krishnamurthy, 2013.
"Intermediary Asset Pricing,"
American Economic Review, American Economic Association, vol. 103(2), pages 732-770, April.
- Arvind Krishnamurhty & Zhiguo He, 2010. "Intermediary Asset Pricing," 2010 Meeting Papers 1327, Society for Economic Dynamics.
- Zhiguo He & Arvind Krishnamurthy, 2008. "Intermediary Asset Pricing," NBER Working Papers 14517, National Bureau of Economic Research, Inc.
Mentioned in:
- Intermediary Asset Pricing (AER 2013) in ReplicationWiki ()
Working papers
- Zhiguo He & Sheila Jiang & Douglas Xu & Xiao Yin, 2022.
"Investing in Lending Technology: IT Spending in Banking,"
NBER Working Papers
30403, National Bureau of Economic Research, Inc.
Cited by:
- Tan, Zhuohong & Wang, Handi & Hong, Yunzhe, 2023. "Does bank FinTech improve corporate innovation?," Finance Research Letters, Elsevier, vol. 55(PA).
- Zhiguo He & Scott T. Nelson & Yang Su & Anthony Lee Zhang & Fudong Zhang, 2022.
"Zoning for Profits: How Public Finance Shapes Land Supply in China,"
NBER Working Papers
30504, National Bureau of Economic Research, Inc.
Cited by:
- Randolph, Hannah, 2023. "Household-level welfare effects of land expropriation: Evidence from China," MPRA Paper 116766, University Library of Munich, Germany.
- Zhiguo He & Wei Wei, 2022.
"China's Financial System and Economy: A Review,"
NBER Working Papers
30324, National Bureau of Economic Research, Inc.
Cited by:
- Hong Yu & Jianmin Zhang & Ning Xu, 2023. "Does National Independent Innovation Demonstration Zone Construction Help Improve Urban Green Total Factor Productivity? A Policy Assessment from China," Sustainability, MDPI, vol. 15(9), pages 1-16, April.
- Zhiguo He & Zhaogang Song, 2022.
"Agency MBS as Safe Assets,"
NBER Working Papers
29899, National Bureau of Economic Research, Inc.
Cited by:
- Thomas M. Eisenbach & Gregory Phelan, 2022. "Fragility of Safe Asset Markets," Staff Reports 1026, Federal Reserve Bank of New York.
- Zhiguo He & Bibo Liu & Feifei Zhu, 2022.
"Share Pledging in China: Funding Listed Firms or Funding Entrepreneurship?,"
NBER Working Papers
29731, National Bureau of Economic Research, Inc.
Cited by:
- Xiao, Zhongyi & Chen, Haitao & Chen, Kang, 2023. "How does institutional investors' information acquisition inhibit share pledging? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 89(C).
- Li, Yukun & Zhu, Danfeng, 2022. "Share pledging and corporate environmental investment," Finance Research Letters, Elsevier, vol. 50(C).
- Zili Su & Constantinos Alexiou, 2023. "Impact of share pledging by controlling shareholders on firm value in the context of China's tightened regulatory reforms," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(S2), pages 2847-2874, June.
- Wang, Xiaoqiong & Zhen, Hongxian & Zhu, Feifei, 2023. "Voting with their feet: Controlling shareholders' share pledging and other major shareholders' strategic response," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
- Guo, Kai & Ke, Bin & Tang, Song, 2023. "Private firms' financial constraints and share pledging by controlling shareholders of publicly listed firms: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 80(C).
- Su, Zili, 2023. "Essays on equity incentive and share pledging in China," Other publications TiSEM fb4495ee-f9bc-45c7-9d85-1, Tilburg University, School of Economics and Management.
- Peter M. DeMarzo & Zhiguo He & Fabrice Tourre, 2021.
"Sovereign Debt Ratchets and Welfare Destruction,"
NBER Working Papers
28599, National Bureau of Economic Research, Inc.
- Peter DeMarzo & Zhiguo He & Fabrice Tourre, 2023. "Sovereign Debt Ratchets and Welfare Destruction," Journal of Political Economy, University of Chicago Press, vol. 131(10), pages 2825-2892.
Cited by:
- Peter DeMarzo & Zhiguo He, 2016.
"Leverage Dynamics without Commitment,"
NBER Working Papers
22799, National Bureau of Economic Research, Inc.
- Peter M. Demarzo & Zhiguo He, 2021. "Leverage Dynamics without Commitment," Journal of Finance, American Finance Association, vol. 76(3), pages 1195-1250, June.
- Li, Yuan & Yang, Jinqiang & Zhao, Siqi, 2022. "Present-biased government and sovereign debt dynamics," Journal of Mathematical Economics, Elsevier, vol. 98(C).
- Sergio Rebelo & Neng Wang & Jinqiang Yang, 2022. "Rare Disasters, Financial Development, and Sovereign Debt," Journal of Finance, American Finance Association, vol. 77(5), pages 2719-2764, October.
- Hanna Halaburda & Zhiguo He & Jiasun Li, 2021.
"An Economic Model of Consensus on Distributed Ledgers,"
NBER Working Papers
29515, National Bureau of Economic Research, Inc.
Cited by:
- Luyao Zhang & Xinyu Tian, 2022. "On Blockchain We Cooperate: An Evolutionary Game Perspective," Papers 2212.05357, arXiv.org, revised Jan 2023.
- Joshua S. Gans, 2023.
"Cryptic Regulation of Crypto-Tokens,"
NBER Chapters, in: Entrepreneurship and Innovation Policy and the Economy, volume 3, pages 139-163,
National Bureau of Economic Research, Inc.
- Joshua S. Gans, 2023. "Cryptic Regulation of Crypto-Tokens," NBER Working Papers 31301, National Bureau of Economic Research, Inc.
- Joshua S. Gans & Richard Holden, 2022.
"Mechanism Design Approaches to Blockchain Consensus,"
Papers
2206.10065, arXiv.org.
- Joshua S. Gans & Richard T. Holden, 2022. "Mechanism Design Approaches to Blockchain Consensus," NBER Working Papers 30189, National Bureau of Economic Research, Inc.
- Joshua S. Gans & Hanna Halaburda, 2023.
""Zero Cost'' Majority Attacks on Permissionless Blockchains,"
Papers
2308.06568, arXiv.org.
- Joshua S. Gans & Hanna Halaburda, 2023. ""Zero Cost'' Majority Attacks on Permissionless Blockchains," NBER Working Papers 31473, National Bureau of Economic Research, Inc.
- Igor Makarov & Antoinette Schoar, 2022. "Cryptocurrencies and Decentralised Finance," BIS Working Papers 1061, Bank for International Settlements.
- Bian, Jiangze & Da, Zhi & He, Zhiguo & Lou, Dong & Shue, Kelly & Zhou, Hao, 2021.
"Margin trading and leverage management,"
LSE Research Online Documents on Economics
118851, London School of Economics and Political Science, LSE Library.
Cited by:
- Zhou, Shengjie & Ye, Qing, 2023. "Margin trading and spillover effects: Evidence from the Chinese stock markets," Emerging Markets Review, Elsevier, vol. 54(C).
- Guo, Qi & Huang, Shao'an & Wang, Gaowang, 2024. "Stabilizing the Financial Markets through Communication and Informed Trading," MPRA Paper 120072, University Library of Munich, Germany.
- Zili Su & Constantinos Alexiou, 2023. "Impact of share pledging by controlling shareholders on firm value in the context of China's tightened regulatory reforms," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(S2), pages 2847-2874, June.
- An, Li & Lou, Dong & Shi, Donghui, 2022. "Wealth redistribution in bubbles and crashes," LSE Research Online Documents on Economics 113766, London School of Economics and Political Science, LSE Library.
- Su, Zili, 2023. "Essays on equity incentive and share pledging in China," Other publications TiSEM fb4495ee-f9bc-45c7-9d85-1, Tilburg University, School of Economics and Management.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020.
"Treasury Inconvenience Yields during the COVID-19 Crisis,"
Working Papers
2020-79, Becker Friedman Institute for Research In Economics.
- He, Zhiguo & Nagel, Stefan & Song, Zhaogang, 2022. "Treasury inconvenience yields during the COVID-19 crisis," Journal of Financial Economics, Elsevier, vol. 143(1), pages 57-79.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020. "Treasury Inconvenience Yields during the COVID-19 Crisis," NBER Working Papers 27416, National Bureau of Economic Research, Inc.
Cited by:
- Marcin Kacperczyk & Christophe Pérignon & Guillaume Vuillemey, 2021.
"The Private Production of Safe Assets,"
Journal of Finance, American Finance Association, vol. 76(2), pages 495-535, April.
- Kacperczyk, Marcin & Perignon, Christophe & Vuillemey, Guillaume, 2017. "The Private Production of Safe Assets," CEPR Discussion Papers 12395, C.E.P.R. Discussion Papers.
- Perignon, Christophe & Vuillemey, Guillaume & Kacperczyk, Marcin T., 2017. "The Private Production of Safe Assets," HEC Research Papers Series 1212, HEC Paris, revised 26 Oct 2017.
- Vuillemey, Guillaume & Kacperczyk, Marcin & Perignon, Christophe, 2017. "The Private Production of Safe Assets," CEPR Discussion Papers 12086, C.E.P.R. Discussion Papers.
- Schürhoff, Norman & Dieler, Tobias & Mancini, Loriano, 2021.
"(In)efficient repo markets,"
CEPR Discussion Papers
15782, C.E.P.R. Discussion Papers.
- Tobias Dieler & Loriano Mancini & Norman Schürhoff, 2021. "(In)efficient repo markets," Swiss Finance Institute Research Paper Series 21-10, Swiss Finance Institute.
- Wenxin Du & Benjamin Hébert & Wenhao Li, 2022.
"Intermediary Balance Sheets and the Treasury Yield Curve,"
Staff Reports
1023, Federal Reserve Bank of New York.
- Wenxin Du & Benjamin M. Hébert & Wenhao Li, 2022. "Intermediary Balance Sheets and the Treasury Yield Curve," NBER Working Papers 30222, National Bureau of Economic Research, Inc.
- Du, Wenxin & Hébert, Benjamin & Li, Wenhao, 2023. "Intermediary balance sheets and the treasury yield curve," Journal of Financial Economics, Elsevier, vol. 150(3).
- Du, Wenxin & Hebert, Benjamin & Li, Wenhao, 2022. "Intermediary Balance Sheets and the Treasury Yield Curve," Research Papers 4036, Stanford University, Graduate School of Business.
- Boyarchenko, Nina & Kovner, Anna & Shachar, Or, 2022.
"It’s what you say and what you buy: A holistic evaluation of the corporate credit facilities,"
Journal of Financial Economics, Elsevier, vol. 144(3), pages 695-731.
- Nina Boyarchenko & Anna Kovner & Or Shachar, 2020. "It's What You Say and What You Buy: A Holistic Evaluation of the Corporate Credit Facilities," CESifo Working Paper Series 8679, CESifo.
- Nina Boyarchenko & Anna Kovner & Or Shachar, 2020. "It’s What You Say and What You Buy: A Holistic Evaluation of the Corporate Credit Facilities," Staff Reports 935, Federal Reserve Bank of New York.
- Mahyar Kargar & Benjamin Lester & David Lindsay & Shuo Liu & Pierre-Olivier Weill & Diego Zuniga, 2020.
"Corporate Bond Liquidity During the COVID-19 Crisis,"
Working Papers
WP 20-43, Federal Reserve Bank of Philadelphia.
- Weill, Pierre-Olivier & Kargar, Mahyar & Lester, Benjamin & Lindsay, David & Liu, Shuo & Zúñiga, Diego, 2020. "Corporate Bond Liquidity During the COVID-19 Crisis," CEPR Discussion Papers 15231, C.E.P.R. Discussion Papers.
- Mahyar Kargar & Benjamin Lester & David Lindsay & Shuo Liu & Pierre-Olivier Weill & Diego Zúñiga, 2020. "Corporate Bond Liquidity During the COVID-19 Crisis," NBER Working Papers 27355, National Bureau of Economic Research, Inc.
- Mahyar Kargar & Benjamin Lester & David Lindsay & Shuo Liu & Pierre-Olivier Weill & Diego Zúñiga, 2021. "Corporate Bond Liquidity during the COVID-19 Crisis [The day coronavirus nearly broke the financial markets]," The Review of Financial Studies, Society for Financial Studies, vol. 34(11), pages 5352-5401.
- Woei Chyuan Wong & Edie Erman Che Johari & Shazida Jan Mohd Khan & Siti Nurazira Mohd Daud & Mohd Yushairi Mat Yusoff & Hafirda Akma Musaddad, 2023. "From Outbreak to Vaccination: An Analysis of the Commercial Property Market Reaction to COVID-19 in Malaysia," International Real Estate Review, Global Social Science Institute, vol. 26(3), pages 267-298.
- James Costain & Galo Nuño & Carlos Thomas, 2022.
"The Term Structure of Interest Rates in a Heterogeneous Monetary Union,"
Working Papers
2223, Banco de España.
- James Costain & Galo Nuño & Carlos Thomas, 2022. "The Term Structure of Interest Rates in a Heterogeneous Monetary Union," CESifo Working Paper Series 9844, CESifo.
- James Costain & Galo Nuño Barrau & Carlos Thomas, 2024. "The term structure of interest rates in a heterogeneous monetary union," BIS Working Papers 1165, Bank for International Settlements.
- Breckenfelder, Johannes & Hoerova, Marie, 2023.
"Do non-banks need access to the lender of last resort? Evidence from fund runs,"
Working Paper Series
2805, European Central Bank.
- Hoerova, Marie & Breckenfelder, Johannes, 2023. "Do non-banks need access to the lender of last resort? Evidence from fund runs," CEPR Discussion Papers 18122, C.E.P.R. Discussion Papers.
- Nina Boyarchenko & Thomas M. Eisenbach & Pooja Gupta & Or Shachar & Peter Van Tassel, 2018.
"Bank-intermediated arbitrage,"
Staff Reports
858, Federal Reserve Bank of New York.
- Nina Boyarchenko & Thomas M. Eisenbach & Pooja Gupta & Or Shachar & Peter Van Tassel, 2018. "Bank-Intermediated Arbitrage," Liberty Street Economics 20181018, Federal Reserve Bank of New York.
- Boyarchenko, Nina & Eisenbach, Thomas & Gupta, Pooja & Shachar, Or & Van Tassel, Peter, 2020. "Bank-Intermediated Arbitrage," CEPR Discussion Papers 15097, C.E.P.R. Discussion Papers.
- Alice Abboud & Elizabeth Duncan & Akos Horvath & Diana A. Iercosan & Bert Loudis & Francis Martinez & Timothy Mooney & Ben Ranish & Ke Wang & Missaka Warusawitharana & Carlo Wix, 2021.
"COVID-19 as a Stress Test: Assessing the Bank Regulatory Framework,"
Finance and Economics Discussion Series
2021-024, Board of Governors of the Federal Reserve System (U.S.).
- Duncan, Elizabeth & Horvath, Akos & Iercosan, Diana & Loudis, Bert & Maddrey, Alice & Martinez, Francis & Mooney, Timothy & Ranish, Ben & Wang, Ke & Warusawitharana, Missaka & Wix, Carlo, 2022. "COVID-19 as a stress test: Assessing the bank regulatory framework," Journal of Financial Stability, Elsevier, vol. 61(C).
- Cakici, Nusret & Zaremba, Adam, 2021. "Who should be afraid of infections? Pandemic exposure and the cross-section of stock returns," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 72(C).
- Changyun Wang & Chenyu Wang & Weixing Wu, 2023. "Customers' stock price crash risk and suppliers' investment inefficiency: Evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(5), pages 5069-5092, December.
- Simone Letta & Pasquale Mirante, 2023. "Investigating the determinants of corporate bond credit spreads in the euro area," Temi di discussione (Economic working papers) 36, Bank of Italy, Economic Research and International Relations Area.
- Claudiu Tiberiu Albulescu & Eugenia Grecu, 2022.
"Government Interventions and Sovereign Bond Market Volatility during COVID 19: A Quantile Analysis,"
Working Papers
hal-03195678, HAL.
- Claudiu Tiberiu Albulescu & Eugenia Grecu, 2023. "Government Interventions and Sovereign Bond Market Volatility during COVID-19: A Quantile Analysis," Mathematics, MDPI, vol. 11(5), pages 1-14, February.
- Nozawa, Yoshio & Qiu, Yancheng, 2021. "Corporate bond market reactions to quantitative easing during the COVID-19 pandemic," Journal of Banking & Finance, Elsevier, vol. 133(C).
- Sebastian Doerr & Sebastian Egemen Eren & Semyon Malamud, 2023.
"Money market funds and the pricing of near-money assets,"
BIS Working Papers
1096, Bank for International Settlements.
- Sebastian Doerr & Egemen Eren & Semyon Malamud, 2023. "Money Market Funds and the Pricing of Near-Money Assets," Swiss Finance Institute Research Paper Series 23-04, Swiss Finance Institute.
- Fatouh, Mahmoud & Giansante, Simone & Ongena, Steven, 2024. "Quantitative easing and the functioning of the gilt repo market," Bank of England working papers 1055, Bank of England.
- Zaremba, Adam & Kizys, Renatas & Tzouvanas, Panagiotis & Aharon, David Y. & Demir, Ender, 2021. "The quest for multidimensional financial immunity to the COVID-19 pandemic: Evidence from international stock markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 71(C).
- Matthias Fleckenstein & Francis A. Longstaff, 2023. "Small Business Equity Returns: Empirical Evidence from the Business Credit Card Securitization Market," Journal of Finance, American Finance Association, vol. 78(1), pages 389-425, February.
- Thomas M. Eisenbach & Gregory Phelan, 2022. "Fragility of Safe Asset Markets," Staff Reports 1026, Federal Reserve Bank of New York.
- David Cashin & Erin E. Syron Ferris & Elizabeth Klee, 2023. "Treasury Safety, Liquidity, and Money Premium Dynamics: Evidence from Debt Limit Impasses," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(6), pages 1475-1506, September.
- Mathias S. Kruttli & Phillip J. Monin & Lubomir Petrasek & Sumudu W. Watugala, 2021. "Hedge Fund Treasury Trading and Funding Fragility: Evidence from the COVID-19 Crisis," Finance and Economics Discussion Series 2021-038, Board of Governors of the Federal Reserve System (U.S.).
- Darrell Duffie & Michael J. Fleming & Frank M. Keane & Claire Nelson & Or Shachar & Peter Van Tassel, 2023.
"Dealer Capacity and U.S. Treasury Market Functionality,"
Staff Reports
1070, Federal Reserve Bank of New York.
- Darrell Duffie & Michael Fleming & Frank Keane & Claire Nelson & Or Shachar & Peter Van Tassel, 2023. "Dealer capacity and US Treasury market functionality," BIS Working Papers 1138, Bank for International Settlements.
- Hüser, Anne-Caroline & Lepore, Caterina & Veraart, Luitgard A. M., 2024. "How does the repo market behave under stress? Evidence from the COVID-19 crisis," LSE Research Online Documents on Economics 121347, London School of Economics and Political Science, LSE Library.
- Hitesh Doshi & Hyung Joo Kim & Sang Byung Seo, 2023. "Options on Interbank Rates and Implied Disaster Risk," Finance and Economics Discussion Series 2023-054, Board of Governors of the Federal Reserve System (U.S.).
- Filipe, Sara Ferreira & Nissinen, Juuso & Suominen, Matti, 2023. "Currency carry trades and global funding risk," Journal of Banking & Finance, Elsevier, vol. 149(C).
- Pintér, Gábor & Wang, Chaojun & Zou, Junyuan, 2022.
"Size discount and size penalty: trading costs in bond markets,"
Bank of England working papers
970, Bank of England.
- Gábor Pintér & Chaojun Wang & Junyuan Zou, 2021. "Size Discount and Size Penalty Trading Costs in Bond Markets," Discussion Papers 2114, Centre for Macroeconomics (CFM).
- Zaremba, Adam & Kizys, Renatas & Aharon, David Y. & Umar, Zaghum, 2022. "Term spreads and the COVID-19 pandemic: Evidence from international sovereign bond markets," Finance Research Letters, Elsevier, vol. 44(C).
- Remy Beauregard & Jens H. E. Christensen & Eric Fischer & Simon Zhu, 2021.
"Inflation Expectations and Risk Premia in Emerging Bond Markets: Evidence from Mexico,"
Staff Reports
961, Federal Reserve Bank of New York.
- Remy Beauregard & Jens H. E. Christensen & Eric Fischer & Simon Zhu, 2021. "Inflation Expectations and Risk Premia in Emerging Bond Markets: Evidence from Mexico," Working Paper Series 2021-08, Federal Reserve Bank of San Francisco.
- Annette Vissing-Jørgensen, 2021.
"The Treasury market in spring 2020 and the response of the Federal Reserve,"
BIS Working Papers
966, Bank for International Settlements.
- Vissing-Jørgensen, Annette, 2021. "The Treasury Market in Spring 2020 and the Response of the Federal Reserve," CEPR Discussion Papers 16410, C.E.P.R. Discussion Papers.
- Annette Vissing-Jorgensen, 2021. "The Treasury Market in Spring 2020 and the Response of the Federal Reserve," NBER Working Papers 29128, National Bureau of Economic Research, Inc.
- Vissing-Jorgensen, Annette, 2021. "The Treasury Market in Spring 2020 and the Response of the Federal Reserve," Journal of Monetary Economics, Elsevier, vol. 124(C), pages 19-47.
- Goldstein, Michael A. & Namin, Elmira Shekari, 2023. "Corporate bond liquidity and yield spreads: A review," Research in International Business and Finance, Elsevier, vol. 65(C).
- Pengxiang Zhai & Fei Wu & Qiang Ji & Duc Khuong Nguyen, 2024. "From fears to recession? Time‐frequency risk contagion among stock and credit default swap markets during the COVID pandemic," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 551-580, January.
- Cesa-Bianchi, Ambrogio & Czech, Robert & Eguren Martin, Fernando, 2021.
"Dash for Dollars,"
CEPR Discussion Papers
16415, C.E.P.R. Discussion Papers.
- Ambrogio Cesa-Bianchi & Robert Czech & Fernando Eguren-Martin, 2023. "Dash for Dollars," Discussion Papers 2314, Centre for Macroeconomics (CFM).
- Cesa-Bianchi, Ambrogio & Eguren-Martin, Fernando, 2021. "Dash for dollars," Bank of England working papers 932, Bank of England.
- Andrieș, Alin Marius & Ongena, Steven & Sprincean, Nicu, 2021.
"The COVID-19 Pandemic and Sovereign Bond Risk,"
The North American Journal of Economics and Finance, Elsevier, vol. 58(C).
- Alin Marius Andries & Steven Ongena & Nicu Sprincean, 2020. "The COVID-19 Pandemic and Sovereign Bond Risk," Swiss Finance Institute Research Paper Series 20-42, Swiss Finance Institute.
- Roy Havemann & Henk Janse van Vuuren & Daan Steenkamp & Rossouw van Jaarsveld, 2022.
"The bond market impact of the South African Reserve Bank bond purchase programme,"
Working Papers
11024, South African Reserve Bank.
- Daan Steenkamp & Henk Janse van Vuuren & Rossouw van Jaarsveld & Roy Havemann, 2022. "The bond market impact of the South African Reserve Bank bond purchase programme," Working Papers 876, Economic Research Southern Africa.
- Valentin Haddad & Alan Moreira & Tyler Muir, 2021. "When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response [Funding value adjustments]," The Review of Financial Studies, Society for Financial Studies, vol. 34(11), pages 5309-5351.
- Bȩdowska-Sójka, Barbara & Kliber, Agata, 2022. "Impact of COVID-19 on sovereign risk: Latin America versus Asia," Finance Research Letters, Elsevier, vol. 47(PA).
- Jason Allen & Milena Wittwer, 2021.
"Centralizing Over-the-Counter Markets?,"
Staff Working Papers
21-39, Bank of Canada.
- Jason Allen & Milena Wittwer, 2023. "Centralizing Over-the-Counter Markets?," Journal of Political Economy, University of Chicago Press, vol. 131(12), pages 3310-3351.
- Qian, Xianhang & Qiu, Shanyun & Zhang, Guangli, 2021. "The impact of COVID-19 on housing price: Evidence from China," Finance Research Letters, Elsevier, vol. 43(C).
- Scheicher, Martin, 2023. "Intermediation in US and EU bond and swap markets: stylised facts, trends and impact of the coronavirus (COVID-19) crisis in March 2020," ESRB Occasional Paper Series 24, European Systemic Risk Board.
- Angelo Ranaldo & Benedikt Ballensiefen & Hannah Winterberg, 2020. "Monetary policy disconnect," Working Papers on Finance 2003, University of St. Gallen, School of Finance.
- Benjamin Knox & Annette Vissing-Jorgensen, 2022. "A Stock Return Decomposition Using Observables," Finance and Economics Discussion Series 2022-014, Board of Governors of the Federal Reserve System (U.S.).
- Hüser, Anne-Caroline & Lepore, Caterina & Veraart, Luitgard, 2021. "How does the repo market behave under stress? Evidence from the Covid-19 crisis," Bank of England working papers 910, Bank of England, revised 18 Jun 2021.
- O'Hara, Maureen & Zhou, Xing (Alex), 2021. "Anatomy of a liquidity crisis: Corporate bonds in the COVID-19 crisis," Journal of Financial Economics, Elsevier, vol. 142(1), pages 46-68.
- Fang, Yi & Shao, Zhiquan & Zhao, Yang, 2023. "Risk spillovers in global financial markets: Evidence from the COVID-19 crisis," International Review of Economics & Finance, Elsevier, vol. 83(C), pages 821-840.
- Jason Allen & Milena Wittwer, 2023. "Intermediary Market Power and Capital Constraints," Staff Working Papers 23-51, Bank of Canada.
- Valseth, Siri, 2023. "Repo market frictions and intermediation in electronic bond markets," UiS Working Papers in Economics and Finance 2023/1, University of Stavanger.
- Nicholas Apergis, 2022. "Residential Housing Prices, COVID-19 and the Role of the Vaccination Program: Evidence from US State Panel Data," International Real Estate Review, Global Social Science Institute, vol. 25(4), pages 461-478.
- Zaremba, Adam & Kizys, Renatas & Aharon, David Y., 2021. "Volatility in International Sovereign Bond Markets: The role of government policy responses to the COVID-19 pandemic," Finance Research Letters, Elsevier, vol. 43(C).
- Jappelli, Ruggero & Pelizzon, Loriana & Subrahmanyam, Marti G., 2023. "Quantitative easing, the repo market, and the term structure of interest rates," SAFE Working Paper Series 395, Leibniz Institute for Financial Research SAFE.
- Jieun Lee, 2023. "Dollar and government bond liquidity: evidence from Korea," BIS Working Papers 1145, Bank for International Settlements.
- Bats, Joost & Hoondert, Jurian J.A., 2022. "The relationship between central bank auctions and bill market liquidity," Working Paper Series 2708, European Central Bank.
- Jiakai Chen & Haoyang Liu & Asani Sarkar & Zhaogang Song, 2020. "Dealers and the Dealer of Last Resort: Evidence from the Agency MBS Markets in the COVID-19 Crisis," Staff Reports 933, Federal Reserve Bank of New York.
- Allaire, Nolwenn & Breckenfelder, Johannes & Hoerova, Marie, 2023. "Fund fragility: the role of investor base," Working Paper Series 2874, European Central Bank.
- Pierre Olivier Gourinchas, 2023. "International Macroeconomics: From the Great Financial Crisis to COVID-19, and Beyond," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 71(1), pages 1-34, March.
- Francisco Jareño & MarÃa-Isabel MartÃnez-Serna & MarÃa Chicharro, 2023. "Government Bonds and COVID-19. An International Evaluation Under Different Market States," Evaluation Review, , vol. 47(3), pages 433-478, June.
- Nissinen, Juuso & Sihvonen, Markus, 2022. "Bond convenience curves and funding costs," Bank of Finland Research Discussion Papers 11/2022, Bank of Finland.
- Pinter, Gabor & Uslu, Semih, 2022. "Comparing search and intermediation frictions across markets," Bank of England working papers 974, Bank of England.
- Chuanhao Tian & Xintian Peng & Xiang Zhang, 2021. "COVID-19 Pandemic, Urban Resilience and Real Estate Prices: The Experience of Cities in the Yangtze River Delta in China," Land, MDPI, vol. 10(9), pages 1-17, September.
- Corradin, Stefano & Schwaab, Bernd, 2023. "Euro area sovereign bond risk premia before and during the Covid-19 pandemic," European Economic Review, Elsevier, vol. 153(C).
- Chase P. Ross & Landon J. Ross, 2022. "Cash-Hedged Stock Returns," Finance and Economics Discussion Series 2022-055, Board of Governors of the Federal Reserve System (U.S.).
- Zhiguo He & Jing Huang & Jidong Zhou, 2020.
"Open Banking: Credit Market Competition When Borrowers Own the Data,"
Working Papers
2020-168, Becker Friedman Institute for Research In Economics.
- He, Zhiguo & Huang, Jing & Zhou, Jidong, 2023. "Open banking: Credit market competition when borrowers own the data," Journal of Financial Economics, Elsevier, vol. 147(2), pages 449-474.
- Zhiguo He & Jing Huang & Jidong Zhou, 2020. "Open Banking: Credit Market Competition When Borrowers Own the Data," NBER Working Papers 28118, National Bureau of Economic Research, Inc.
- Zhiguo He & Jing Huang & Jidong Zhou, 2020. "Open Banking: Credit Market Competition When Borrowers Own the Data," Cowles Foundation Discussion Papers 2262, Cowles Foundation for Research in Economics, Yale University.
- Zhiguo He & Jing Huang & Jidong Zhou, 2022. "Open Banking: Credit Market Competition When Borrowers Own the Data," Cowles Foundation Discussion Papers 2262R, Cowles Foundation for Research in Economics, Yale University.
Cited by:
- Qian Liu & Yiheng You, 2023. "FinTech and Green Credit Development—Evidence from China," Sustainability, MDPI, vol. 15(7), pages 1-23, March.
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"Behavior-based personalized pricing: When firms can share customer information,"
International Journal of Industrial Organization, Elsevier, vol. 82(C).
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"Competition and selection in credit markets,"
Journal of Financial Economics, Elsevier, vol. 150(2).
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- Leonardo Gambacorta & Fahad Khalil & Bruno Maria Parigi, 2022.
"Big Techs vs Banks,"
BIS Working Papers
1037, Bank for International Settlements.
- Gambacorta, Leonardo & Khalil, Fahad & Parigi, Bruno, 2022. "Big Techs vs Banks," CEPR Discussion Papers 17649, C.E.P.R. Discussion Papers.
- Yuteng Cheng & Ryuichiro Izumi, 2023. "CBDC: Banking and Anonymity," Wesleyan Economics Working Papers 2023-002, Wesleyan University, Department of Economics.
- Yan Wang & Ping Han, 2023. "Digital Transformation, Service-Oriented Manufacturing, and Total Factor Productivity: Evidence from A-Share Listed Companies in China," Sustainability, MDPI, vol. 15(13), pages 1-24, June.
- Ryan Clements, 2022. "Could Alberta Enact a Sub-National Open Banking Regime?," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 15(30), October.
- Milo Bianchi & Matthieu Bouvard & Renato Gomes & Andrew Rhodes & Vatsala Shreeti, 2023.
"Mobile payments and interoperability: Insights from the academic literature,"
Post-Print
hal-04374028, HAL.
- Bianchi, Milo & Bouvard, Matthieu & Gomes, Renato & Rhodes, Andrew & Shreeti, Vatsala, 2021. "Mobile Payments and Interoperability: Insights from the Academic Literature," TSE Working Papers 21-1279, Toulouse School of Economics (TSE), revised Nov 2023.
- Milo Bianchi & Matthieu Bouvard & Renato Gomes & Andrew Rhodes & Vatsala Shreeti, 2022. "Mobile Payments and Interoperability: Insights from the Academic Literature," Working Papers hal-03629513, HAL.
- Milo Bianchi & Matthieu Bouvard & Renato Gomes & Andrew Rhodes & Vatsala Shreeti, 2023. "Mobile payments and interoperability: Insights from the academic literature," BIS Working Papers 1092, Bank for International Settlements.
- Bianchi, Milo & Bouvard, Matthieu & Gomes, Renato & Rhodes, Andrew & Shreeti, Vatsala, 2023. "Mobile payments and interoperability: Insights from the academic literature," Information Economics and Policy, Elsevier, vol. 65(C).
- Nam, Rachel J., 2022. "Open banking and customer data sharing: Implications for FinTech borrowers," SAFE Working Paper Series 364, Leibniz Institute for Financial Research SAFE.
- Sally Chen & Derryl D'Silva & Frank Packer & Siddharth Tiwari, 2022. "Virtual banking and beyond," BIS Papers, Bank for International Settlements, number 120.
- Salvatore Cardillo & Raffaele Gallo & Francesco Guarino, 2021. "Main challenges and prospects for the European banking sector: a critical review of the ongoing debate," Questioni di Economia e Finanza (Occasional Papers) 634, Bank of Italy, Economic Research and International Relations Area.
- Babina, Tania & Bahaj, Saleem & Buchak, Greg & De Marco, Filippo & Foulis, Angus & Gornall, Will & Mazzola, Francesco & Yu, Tong, 2024. "Customer data access and fintech entry: early evidence from open banking," Bank of England working papers 1059, Bank of England.
- Gorka Briones de Araluze & Natalia Cassinello Plaza, 2023. "The Relevance of Initial Trust and Social Influence in the Intention to Use Open Banking-Based Services: An Empirical Study," SAGE Open, , vol. 13(3), pages 21582440231, July.
- Jesper Akesson & John Gathergood & Edika Quispe-Torreblanca, 2023. "Preventing Payments Fraud in the FinTech Era: New Evidence from a Behavioural Experiment," Discussion Papers 2023-08, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Jonathan Chiu & Thorsten Koeppl, 2022. "PayTech and the D(ata) N(etwork) A(ctivities) of BigTech Platforms," Staff Working Papers 22-35, Bank of Canada.
- Lizethe Berenice Méndez-Heras & Francisco Venegas-Martínez & Diego Emilio Linthon-Delgado, 2021. "Competencia en el mercado de crédito entre los bancos dominantes en México," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 16(TNEA), pages 1-25, Septiembr.
- Zhiguo He & Paymon Khorrami & Zhaogang Song, 2019.
"Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress,"
NBER Working Papers
26494, National Bureau of Economic Research, Inc.
- Zhiguo He & Paymon Khorrami & Zhaogang Song, 2022. "Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress," The Review of Financial Studies, Society for Financial Studies, vol. 35(10), pages 4630-4673.
Cited by:
- Friederike Niepmann & Tim Schmidt-Eisenlohr, 2019.
"Institutional Investors, the Dollar, and U.S. Credit Conditions,"
International Finance Discussion Papers
1246, Board of Governors of the Federal Reserve System (U.S.).
- Niepmann, Friederike & Schmidt-Eisenlohr, Tim, 2023. "Institutional investors, the dollar, and U.S. credit conditions," Journal of Financial Economics, Elsevier, vol. 147(1), pages 198-220.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020.
"Treasury Inconvenience Yields during the COVID-19 Crisis,"
NBER Working Papers
27416, National Bureau of Economic Research, Inc.
- He, Zhiguo & Nagel, Stefan & Song, Zhaogang, 2022. "Treasury inconvenience yields during the COVID-19 crisis," Journal of Financial Economics, Elsevier, vol. 143(1), pages 57-79.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020. "Treasury Inconvenience Yields during the COVID-19 Crisis," Working Papers 2020-79, Becker Friedman Institute for Research In Economics.
- Darrell Duffie & Michael J. Fleming & Frank M. Keane & Claire Nelson & Or Shachar & Peter Van Tassel, 2023.
"Dealer Capacity and U.S. Treasury Market Functionality,"
Staff Reports
1070, Federal Reserve Bank of New York.
- Darrell Duffie & Michael Fleming & Frank Keane & Claire Nelson & Or Shachar & Peter Van Tassel, 2023. "Dealer capacity and US Treasury market functionality," BIS Working Papers 1138, Bank for International Settlements.
- Todd M. Hazelkorn & Tobias J. Moskowitz & Kaushik Vasudevan, 2023. "Beyond Basis Basics: Liquidity Demand and Deviations from the Law of One Price," Journal of Finance, American Finance Association, vol. 78(1), pages 301-345, February.
- Nicola Fusari & Wei Li & Haoyang Liu & Zhaogang Song, 2022. "Asset Pricing with Cohort‐Based Trading in MBS Markets," Journal of Finance, American Finance Association, vol. 77(6), pages 3249-3287, December.
- deHaan, Ed & Li, Jiacui & Watts, Edward M., 2023. "Retail bond investors and credit ratings," Journal of Accounting and Economics, Elsevier, vol. 76(1).
- Jiakai Chen & Haoyang Liu & Asani Sarkar & Zhaogang Song, 2020. "Dealers and the Dealer of Last Resort: Evidence from the Agency MBS Markets in the COVID-19 Crisis," Staff Reports 933, Federal Reserve Bank of New York.
- Nicola Fusari & Wei Li & Haoyang Liu & Zhaogang Song, 2020. "Asset Pricing with Cohort-Based Trading in MBS Markets," Staff Reports 931, Federal Reserve Bank of New York.
- Lin William Cong & Zhiguo He & Jiasun Li, 2019.
"Decentralized Mining in Centralized Pools,"
NBER Working Papers
25592, National Bureau of Economic Research, Inc.
- Lin William Cong & Zhiguo He & Jiasun Li & Wei Jiang, 2021. "Decentralized Mining in Centralized Pools [Concentrating on the fall of the labor share]," The Review of Financial Studies, Society for Financial Studies, vol. 34(3), pages 1191-1235.
Cited by:
- Jens Gudmundsson & Jens Leth Hougaard, 2020. "Enabling reciprocity through blockchain design," IFRO Working Paper 2020/14, University of Copenhagen, Department of Food and Resource Economics, revised 09 Feb 2021.
- Augustin, Patrick & Rubtsov, Alexey & Shin, Donghwa, 2022. "The impact of derivatives on spot markets: Evidence from the introduction of bitcoin futures contracts," LawFin Working Paper Series 41, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
- Soria, Jorge & Moya, Jorge & Mohazab, Amin, 2023. "Optimal mining in proof-of-work blockchain protocols," Finance Research Letters, Elsevier, vol. 53(C).
- Yuxuan Lu & Qian Qi & Xi Chen, 2023. "A Framework of Transaction Packaging in High-throughput Blockchains," Papers 2301.10944, arXiv.org.
- Burak Can & Jens Leth Hougaard & Mohsen Pourpouneh, 2021.
"On Reward Sharing in Blockchain Mining Pools,"
Papers
2107.05302, arXiv.org.
- Can, Burak & Hougaard, Jens Leth & Pourpouneh, Mohsen, 2021. "On Reward Sharing in Blockchain Mining Pools," Research Memorandum 009, Maastricht University, Graduate School of Business and Economics (GSBE).
- Burak Can & Jens Leth Hougaard & Mohsen Pourpouneh, 2020. "On Reward Sharing in Blockchain Mining Pools," IFRO Working Paper 2020/09, University of Copenhagen, Department of Food and Resource Economics.
- Michael Brolley & Marius Zoican, 2019. "Liquid Speed: On-Demand Fast Trading at Distributed Exchanges," Papers 1907.10720, arXiv.org.
- John M. Griffin & Amin Shams, 2020. "Is Bitcoin Really Untethered?," Journal of Finance, American Finance Association, vol. 75(4), pages 1913-1964, August.
- Hanna Halaburda & Guillaume Haeringer & Joshua Gans & Neil Gandal, 2022.
"The Microeconomics of Cryptocurrencies,"
Journal of Economic Literature, American Economic Association, vol. 60(3), pages 971-1013, September.
- Gandal, Neil & Halaburda, Hanna & Haeringer, Guillaume & Gans, Joshua, 2020. "The Microeconomics of Cryptocurrencies," CEPR Discussion Papers 14972, C.E.P.R. Discussion Papers.
- Hanna Halaburda & Guillaume Haeringer & Joshua Gans & Neil Gandal, 2021. "The Microeconomics of Cryptocurrencies," CESifo Working Paper Series 8841, CESifo.
- Hanna Halaburda & Guillaume Haeringer & Joshua S. Gans & Neil Gandal, 2020. "The Microeconomics of Cryptocurrencies," NBER Working Papers 27477, National Bureau of Economic Research, Inc.
- Nick Arnosti & S. Matthew Weinberg, 2022. "Bitcoin: A Natural Oligopoly," Management Science, INFORMS, vol. 68(7), pages 4755-4771, July.
- Zhen Liu & Tzuhui Wu & Fenghong Wang & Mohamed Osmani & Peter Demian, 2022. "Blockchain Enhanced Construction Waste Information Management: A Conceptual Framework," Sustainability, MDPI, vol. 14(19), pages 1-35, September.
- Matteo Benetton & Giovanni Compiani, 2020. "Investors’ Beliefs and Asset Prices: A Structural Model of Cryptocurrency Demand," Working Papers 2020-107, Becker Friedman Institute for Research In Economics.
- Dunbar, Kwamie & Owusu-Amoako, Johnson, 2022. "Cryptocurrency returns under empirical asset pricing," International Review of Financial Analysis, Elsevier, vol. 82(C).
- Jonathan Chiu & Thorsten V. Koeppl, 2022. "The economics of cryptocurrency: Bitcoin and beyond," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(4), pages 1762-1798, November.
- Daniele Bianchi & Mykola Babiak, 2021. "A Factor Model for Cryptocurrency Returns," CERGE-EI Working Papers wp710, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Xiaotong Sun & Charalampos Stasinakis & Georigios Sermpinis, 2022. "Decentralization illusion in Decentralized Finance: Evidence from tokenized voting in MakerDAO polls," Papers 2203.16612, arXiv.org, revised Mar 2023.
- Nicolás Magner & Nicolás Hardy, 2022. "Cryptocurrency Forecasting: More Evidence of the Meese-Rogoff Puzzle," Mathematics, MDPI, vol. 10(13), pages 1-27, July.
- Charles Bertucci & Louis Bertucci & Jean-Michel Lasry & Pierre-Louis Lions, 2020. "Mean Field Game Approach to Bitcoin Mining," Papers 2004.08167, arXiv.org.
- Zongxi Li & A. Max Reppen & Ronnie Sircar, 2019. "A Mean Field Games Model for Cryptocurrency Mining," Papers 1912.01952, arXiv.org, revised Jan 2022.
- Hokkanen, Topi, 2023. "Externalities and market failures of cryptocurrencies," BoF Economics Review 4/2023, Bank of Finland.
- Nishant Sapra & Imlak Shaikh & Ashutosh Dash, 2023. "Impact of Proof of Work (PoW)-Based Blockchain Applications on the Environment: A Systematic Review and Research Agenda," JRFM, MDPI, vol. 16(4), pages 1-29, March.
- August Bruno & Paige Weber & Andrew J. Yates, 2022.
"Can Bitcoin Mining Increase Renewable Electricity Capacity?,"
CESifo Working Paper Series
9973, CESifo.
- Bruno, August & Weber, Paige & Yates, Andrew J., 2023. "Can Bitcoin mining increase renewable electricity capacity?," Resource and Energy Economics, Elsevier, vol. 74(C).
- Wenpin Tang, 2023. "Trading and wealth evolution in the Proof of Stake protocol," Papers 2308.01803, arXiv.org, revised Aug 2023.
- Michael Sockin & Wei Xiong, 2021. "A Model of Cryptocurrencies," Working Papers 2021-67, Princeton University. Economics Department..
- Gryglewicz, Sebastian & Mayer, Simon & Morellec, Erwan, 2021. "Optimal financing with tokens," Journal of Financial Economics, Elsevier, vol. 142(3), pages 1038-1067.
- Guo, Li & Härdle, Wolfgang & Tao, Yubo, 2021.
"A time-varying network for cryptocurrencies,"
IRTG 1792 Discussion Papers
2021-016, Humboldt University of Berlin, International Research Training Group 1792 "High Dimensional Nonstationary Time Series".
- Li Guo & Wolfgang Karl Hardle & Yubo Tao, 2018. "A Time-Varying Network for Cryptocurrencies," Papers 1802.03708, arXiv.org, revised Nov 2022.
- Li Guo & Wolfgang Karl Hardle & Yubo Tao, 2021. "A Time-Varying Network for Cryptocurrencies," Papers 2108.11921, arXiv.org.
- Kim, Daehan & Ryu, Doojin & Webb, Robert I., 2023. "Determination of equilibrium transaction fees in the Bitcoin network: A rank-order contest," International Review of Financial Analysis, Elsevier, vol. 86(C).
- A. Mantovi, 2021. "Bitcoin selection rule and foundational game theoretic representation of mining competition," Economics Department Working Papers 2021-EP02, Department of Economics, Parma University (Italy).
- Pourpourides, Panayiotis, 2023. "Long-Term Nexus of Macroeconomic and Financial Fundamentals with Cryptocurrencies," Cardiff Economics Working Papers E2023/23, Cardiff University, Cardiff Business School, Economics Section.
- Irresberger, Felix & Yang, Ruomei, 2023. "Coin concentration of Proof-of-Stake blockchains," Economics Letters, Elsevier, vol. 229(C).
- Makarov, Igor & Schoar, Antoinette, 2020. "Trading and arbitrage in cryptocurrency markets," LSE Research Online Documents on Economics 100409, London School of Economics and Political Science, LSE Library.
- Jiri Chod & Nikolaos Trichakis & Gerry Tsoukalas & Henry Aspegren & Mark Weber, 2020. "On the Financing Benefits of Supply Chain Transparency and Blockchain Adoption," Management Science, INFORMS, vol. 66(10), pages 4378-4396, October.
- Don M. Autore & Nicholas Clarke & Danling Jiang, 2021. "Blockchain speculation or value creation? Evidence from corporate investments," Financial Management, Financial Management Association International, vol. 50(3), pages 727-746, September.
- Feng, Wenjun & Zhang, Zhengjun, 2023. "Currency exchange rate predictability: The new power of Bitcoin prices," Journal of International Money and Finance, Elsevier, vol. 132(C).
- Zhang, Zehua & Zhao, Ran, 2023. "Good volatility, bad volatility, and the cross section of cryptocurrency returns," International Review of Financial Analysis, Elsevier, vol. 89(C).
- Podhorsky, Andrea, 2023. "Taxing bitcoin: Incentivizing the difficulty adjustment mechanism to reduce electricity usage," International Review of Financial Analysis, Elsevier, vol. 86(C).
- Vasilios Plakandaras & Elie Bouri & Rangan Gupta, 2019. "Forecasting Bitcoin Returns: Is there a Role for the U.S. – China Trade War?," Working Papers 201980, University of Pretoria, Department of Economics.
- Alon Benhaim & Brett Hemenway Falk & Gerry Tsoukalas, 2021. "Scaling Blockchains: Can Committee-Based Consensus Help?," Papers 2110.08673, arXiv.org, revised Dec 2022.
- Can, Burak & Leth Hougaard, Jens & Pourpouneh, Mohsen, 2022. "On reward sharing in blockchain mining pools," Games and Economic Behavior, Elsevier, vol. 136(C), pages 274-298.
- Hinzen, Franz J. & John, Kose & Saleh, Fahad, 2022. "Bitcoin’s limited adoption problem," Journal of Financial Economics, Elsevier, vol. 144(2), pages 347-369.
- Zhang, Zhiming & Ren, Da & Lan, Yanfei & Yang, Shanxue, 2022. "Price competition and blockchain adoption in retailing markets," European Journal of Operational Research, Elsevier, vol. 300(2), pages 647-660.
- Wenpin Tang, 2022. "Stability of shares in the Proof of Stake Protocol -- Concentration and Phase Transitions," Papers 2206.02227, arXiv.org.
- Yang, Jen-Wei & Chiu, Shih-Yung & Yen, Kuang-Chieh, 2023. "Does the realized distribution-based measure dominate particular moments? Evidence from cryptocurrency markets," Finance Research Letters, Elsevier, vol. 51(C).
- Crépellière, Tommy & Pelster, Matthias & Zeisberger, Stefan, 2023. "Arbitrage in the market for cryptocurrencies," Journal of Financial Markets, Elsevier, vol. 64(C).
- Michael Sockin & Wei Xiong, 2023. "Decentralization through Tokenization," Journal of Finance, American Finance Association, vol. 78(1), pages 247-299, February.
- Nikhil Malik & Manmohan Aseri & Param Vir Singh & Kannan Srinivasan, 2022. "Why Bitcoin Will Fail to Scale?," Management Science, INFORMS, vol. 68(10), pages 7323-7349, October.
- Marlene Amstad & Zhiguo He, 2019.
"Chinese Bond Market and Interbank Market,"
NBER Working Papers
25549, National Bureau of Economic Research, Inc.
Cited by:
- Chen, Zhuo & He, Zhiguo & Liu, Chun, 2020.
"The financing of local government in China: Stimulus loan wanes and shadow banking waxes,"
Journal of Financial Economics, Elsevier, vol. 137(1), pages 42-71.
- Zhuo Chen & Zhiguo He & Chun Liu, 2017. "The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes," NBER Working Papers 23598, National Bureau of Economic Research, Inc.
- Jean‐Edouard Colliard & Thierry Foucault & Peter Hoffmann, 2021. "Inventory Management, Dealers' Connections, and Prices in Over‐the‐Counter Markets," Journal of Finance, American Finance Association, vol. 76(5), pages 2199-2247, October.
- Chen, Yu-Lun & Mo, Wan-Shin & Qin, Rong-Ling & Yang, J. Jimmy, 2023. "Return spillover across China's financial markets," Pacific-Basin Finance Journal, Elsevier, vol. 80(C).
- Bank for International Settlements, 2020. "US dollar funding: an international perspective," CGFS Papers, Bank for International Settlements, number 65, december.
- Foucault, Thierry & Colliard, Jean-Edouard & Hoffmann, Peter, 2018.
"Inventory Management, Dealers' Connections, and Prices in OTC Markets,"
CEPR Discussion Papers
13093, C.E.P.R. Discussion Papers.
- Colliard, Jean-Edouard & Foucault, Thierry & Hoffmann, Peter, 2021. "Inventory management, dealers’ connections, and prices in OTC markets," Working Paper Series 2529, European Central Bank.
- Colliard, Jean-Edouard & Foucault, Thierry & Hoffmann, Peter, 2018. "Inventory Management, Dealers' Connections, and Prices in OTC Markets," HEC Research Papers Series 1286, HEC Paris.
- Jean-Edouard Colliard & Thierry Foucault & Peter Hoffmann, 2018. "Inventory Management, Dealers' Connections, and Prices in OTC Markets," Working Papers hal-01933855, HAL.
- Allen, Franklin & Qian, Jun & Qian, Meijun, 2018. "A Review of China’s Institutions," CEPR Discussion Papers 13269, C.E.P.R. Discussion Papers.
- Hanming Fang & Yongqin Wang & Xian Wu, 2020.
"The Collateral Channel of Monetary Policy: Evidence from China,"
PIER Working Paper Archive
20-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Hanming Fang & Yongqin Wang & Xian Wu, 2020. "The Collateral Channel of Monetary Policy: Evidence from China," NBER Working Papers 26792, National Bureau of Economic Research, Inc.
- Han, Gaofeng & Miao, Hui & Wang, Yabin, 2020. "Liquidity of China’s Government Bond Market: Measures and Driving Forces," MPRA Paper 104545, University Library of Munich, Germany.
- Chen, Bing & Li, Li & Peng, Fei & Anwar, Sajid, 2020. "Risk contagion in the banking network: New evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 54(C).
- Hu, Xiaolu & Huang, Haozhi & Pan, Zheyao & Shi, Jing, 2019. "Information asymmetry and credit rating: A quasi-natural experiment from China," Journal of Banking & Finance, Elsevier, vol. 106(C), pages 132-152.
- Xian Gu & Iftekhar Hasan & Haitian Lu, 2023. "Institutions and Corporate Reputation: Evidence from Public Debt Markets," Journal of Business Ethics, Springer, vol. 183(1), pages 165-189, February.
- Cheng, Xiaoqiang & Wang, Yabin, 2022. "Shadow banking and the bank lending channel of monetary policy in China," Journal of International Money and Finance, Elsevier, vol. 128(C).
- Wang, He & Yao, Yang & Zhou, Yue, 2022. "Markets price politicians: Evidence from China’s municipal bond markets," Journal of Economics and Business, Elsevier, vol. 122(C).
- Liu, Tianming & Xiong, Haifang & Li, Yifei & Wang, Zhiqiang, 2023. "The flight to safety during credit recovery: The role of implicit government guarantees," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
- Li, Fengyu & Yang, Mozhu & Zhang, Tong, 2023. "Does prospectus readability matter for bond issuance pricing? Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 80(C).
- Wang, Kun Tracy & Wu, Yue & Ho, Kin-Yip, 2021. "Internal control reporting and cost of bond financing: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 1323-1346.
- Gan, Tian & Jiang, Yan & Wu, Xi & Zhang, Mingxin, 2023. "Oil price uncertainty and the cost of debt: Evidence from the Chinese bond market," Journal of Asian Economics, Elsevier, vol. 87(C).
- Yi Ding & Wei Xiong & Jinfan Zhang, 2020. "Issuance Overpricing of China’s Corporate Debt Securities," NBER Working Papers 26815, National Bureau of Economic Research, Inc.
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- Zhang, Xiaoqian & Wang, Zhiwei, 2020. "Marketization vs. market chase: Insights from implicit government guarantees," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 435-455.
- Chen, Zhuo & He, Zhiguo & Liu, Chun, 2020.
"The financing of local government in China: Stimulus loan wanes and shadow banking waxes,"
Journal of Financial Economics, Elsevier, vol. 137(1), pages 42-71.
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"Pledgeability and Asset Prices: Evidence from the Chinese Corporate Bond Markets,"
NBER Working Papers
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Cited by:
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- Kaldorf, Matthias & Wicknig, Florian, 2021.
"Risky Financial Collateral, Firm Heterogeneity, and the Impact of Eligibility Requirements,"
VfS Annual Conference 2021 (Virtual Conference): Climate Economics
242413, Verein für Socialpolitik / German Economic Association.
- Matthias Kaldorf & Florian Wicknig, 2021. "Risky Financial Collateral, Firm Heterogeneity, and the Impact of Eligibility Requirements," ECONtribute Discussion Papers Series 123, University of Bonn and University of Cologne, Germany.
- Zhiguo He & Paymon Khorrami & Zhaogang Song, 2019.
"Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress,"
NBER Working Papers
26494, National Bureau of Economic Research, Inc.
- Zhiguo He & Paymon Khorrami & Zhaogang Song, 2022. "Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress," The Review of Financial Studies, Society for Financial Studies, vol. 35(10), pages 4630-4673.
- Magnani, Jacopo & Wang, Yabin, 2020. "Bond Lending and the Law of One Price in China's Treasury Markets," MPRA Paper 105027, University Library of Munich, Germany.
- Macaire, Camille & Naef, Alain, 2021. "Impact of Green Central Bank Collateral Policy: Evidence from the People’s Bank of China," SocArXiv cmwpn, Center for Open Science.
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"Out of the window? Green monetary policy in China: window guidance and the promotion of sustainable lending and investment,"
LSE Research Online Documents on Economics
111489, London School of Economics and Political Science, LSE Library.
- Dikau, Simon & Volz, Ulrich, 2023. "Out of the window? Green monetary policy in China: window guidance and the promotion of sustainable lending and investment," LSE Research Online Documents on Economics 112725, London School of Economics and Political Science, LSE Library.
- Camille Macaire & Alain Naef, 2022.
"Greening monetary policy: Evidence from The People's Bank of China,"
IFC Bulletins chapters, in: Bank for International Settlements (ed.), Statistics for Sustainable Finance, volume 56,
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"Some simple bitcoin economics,"
Journal of Monetary Economics, Elsevier, vol. 106(C), pages 16-26.
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Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(4), pages 1702-1728, November.
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"An Equilibrium Model of the Market for Bitcoin Mining,"
Journal of Political Economy, University of Chicago Press, vol. 129(8), pages 2415-2452.
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"Decentralized Mining in Centralized Pools,"
NBER Working Papers
25592, National Bureau of Economic Research, Inc.
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"Blockchain as Schumpeter Mark 1 or Mark 2? An empirical analysis of blockchain job offers in France and Germany [Innovation: mapping the winds of creative destruction],"
Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(6), pages 1388-1402.
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Cited by:
- Valentin Haddad & Tyler Muir, 2021. "Do Intermediaries Matter for Aggregate Asset Prices?," Journal of Finance, American Finance Association, vol. 76(6), pages 2719-2761, December.
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"Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress,"
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26494, National Bureau of Economic Research, Inc.
- Zhiguo He & Paymon Khorrami & Zhaogang Song, 2022. "Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress," The Review of Financial Studies, Society for Financial Studies, vol. 35(10), pages 4630-4673.
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"Global Banks and Systemic Debt Crises,"
NBER Working Papers
28892, National Bureau of Economic Research, Inc.
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- Juan M. Morelli & Pablo Ottonello & Diego J. Perez, 2022. "Global Banks and Systemic Debt Crises," Econometrica, Econometric Society, vol. 90(2), pages 749-798, March.
- Anna Belianska & Aurélien Eyquem & Céline Poilly, 2021.
"The Transmission Channels of Government Spending Uncertainty,"
AMSE Working Papers
2115, Aix-Marseille School of Economics, France.
- Poilly, Céline & Anna, Beliansk & Eyquem, Aurélien, 2021. "The Transmission Channels of Government Spending Uncertainty," CEPR Discussion Papers 15894, C.E.P.R. Discussion Papers.
- Anna Belianska & Aurélien Eyquem & Céline Poilly, 2021. "The Transmission Channels of Government Spending Uncertainty," Working Papers halshs-03160370, HAL.
- Gino Cenedese & Pasquale Della Corte & Tianyu Wang, 2021.
"Currency Mispricing and Dealer Balance Sheets,"
Journal of Finance, American Finance Association, vol. 76(6), pages 2763-2803, December.
- Cenedese, Gino & Della Corte, Pasquale & Wang, Tianyu, 2019. "Currency mispricing and dealer balance sheets," Bank of England working papers 779, Bank of England.
- Della Corte, Pasquale & Cenedese, Gino & Wang, Tianyu, 2020. "Currency Mispricing and Dealer Balance Sheets," CEPR Discussion Papers 15569, C.E.P.R. Discussion Papers.
- Samuel Antill & Asani Sarkar, 2018. "Is size everything?," Staff Reports 864, Federal Reserve Bank of New York.
- Libo Yin & Jing Nie & Liyan Han, 2021. "Intermediary capital risk and commodity futures volatility," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 41(5), pages 577-640, May.
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- John M. Griffin & Amin Shams, 2020. "Is Bitcoin Really Untethered?," Journal of Finance, American Finance Association, vol. 75(4), pages 1913-1964, August.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020.
"Treasury Inconvenience Yields during the COVID-19 Crisis,"
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27416, National Bureau of Economic Research, Inc.
- He, Zhiguo & Nagel, Stefan & Song, Zhaogang, 2022. "Treasury inconvenience yields during the COVID-19 crisis," Journal of Financial Economics, Elsevier, vol. 143(1), pages 57-79.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020. "Treasury Inconvenience Yields during the COVID-19 Crisis," Working Papers 2020-79, Becker Friedman Institute for Research In Economics.
- Kazuhiro Hiraki & George Skiadopoulos, 2018. "The Contribution of Frictions to Expected Returns," Working Papers 874, Queen Mary University of London, School of Economics and Finance.
- Beyer, Marcel, 2023. "Gambling for recovery? Exploring the riskiness of European insurers' assets during the Covid-19 crisis 2020," ICIR Working Paper Series 46/23, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR), revised 2023.
- David Alaminos & Ignacio Esteban & M. Belén Salas, 2023. "Neural networks for estimating Macro Asset Pricing model in football clubs," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 30(2), pages 57-75, April.
- Ricardo J. Caballero & Alp Simsek, 2020.
"A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a “Covid-19” Shock,"
NBER Working Papers
27044, National Bureau of Economic Research, Inc.
- ÅžimÅŸek, Alp & Caballero, Ricardo, 2020. "A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a "Covid-19" Shock," CEPR Discussion Papers 14627, C.E.P.R. Discussion Papers.
- Ricardo J Caballero & Alp Simsek, 2021. "A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a “COVID-19” Shock [Financial intermediaries and the cross-section of asset returns]," The Review of Financial Studies, Society for Financial Studies, vol. 34(11), pages 5522-5580.
- Haoyang Liu & Zhaogang Song & James Vickery, 2021.
"Defragmenting Markets: Evidence from Agency MBS,"
Staff Reports
965, Federal Reserve Bank of New York.
- Haoyang Liu & Zhaogang Song & James Vickery, 2021. "Defragmenting Markets: Evidence from Agency MBS," Working Papers 21-25, Federal Reserve Bank of Philadelphia.
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"The role of financial conditions in portfolio choices: The case of insurers,"
Journal of Financial Economics, Elsevier, vol. 142(2), pages 803-830.
- Shan Ge & Michael S. Weisbach, 2019. "The Role of Financial Conditions in Portfolio Choices: The Case of Insurers," NBER Working Papers 25677, National Bureau of Economic Research, Inc.
- Xu Cheng & Winston Wei Dou & Zhipeng Liao, 2020.
"Macro-Finance Decoupling: Robust Evaluations of Macro Asset Pricing Models,"
PIER Working Paper Archive
20-019, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Xu Cheng & Winston Wei Dou & Zhipeng Liao, 2022. "Macro‐Finance Decoupling: Robust Evaluations of Macro Asset Pricing Models," Econometrica, Econometric Society, vol. 90(2), pages 685-713, March.
- Antonio Falato & Diana A. Iercosan & Filip Zikes, 2019. "Banks as Regulated Traders," Finance and Economics Discussion Series 2019-005r1, Board of Governors of the Federal Reserve System (U.S.), revised 04 Aug 2021.
- Mirela Sandulescu & Fabio Trojani & Andrea Vedolin, 2021. "Model‐Free International Stochastic Discount Factors," Journal of Finance, American Finance Association, vol. 76(2), pages 935-976, April.
- Valentin Haddad & Alan Moreira & Tyler Muir, 2021. "When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response [Funding value adjustments]," The Review of Financial Studies, Society for Financial Studies, vol. 34(11), pages 5309-5351.
- Cho, Thummim, 2018. "Turning alphas into betas: arbitrage and the cross-section of risk," LSE Research Online Documents on Economics 118915, London School of Economics and Political Science, LSE Library.
- Carlos Alberto Piscarreta Pinto Ferreira, 2022. "Revisiting The Determinants Of Sovereign Bond Yield Volatility," Working Papers REM 2022/0241, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
- Jason Allen & Milena Wittwer, 2023. "Intermediary Market Power and Capital Constraints," Staff Working Papers 23-51, Bank of Canada.
- Huber, Amy Wang, 2023. "Market power in wholesale funding: A structural perspective from the triparty repo market," Journal of Financial Economics, Elsevier, vol. 149(2), pages 235-259.
- Alcaraz, Carlo & Claessens, Stijn & Cuadra, Gabriel & Marqués-Ibáñez, David & Sapriza, Horacio, 2019.
"Whatever it takes: what’s the impact of a major nonconventional monetary policy intervention?,"
Working Paper Series
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- Carlo Alcaraz & Stijn Claessens & Gabriel Cuadra & David Marques-Ibanez & Horacio Sapriza, 2018. "Whatever it takes. What's the impact of a major nonconventional monetary policy intervention?," BIS Working Papers 749, Bank for International Settlements.
- Zhongjin Lu & Zhongling Qin, 2021. "Leveraged Funds and the Shadow Cost of Leverage Constraints," Journal of Finance, American Finance Association, vol. 76(3), pages 1295-1338, June.
- Dirk Niepelt, 2022. "Money and Banking with Reserves and CBDC," Diskussionsschriften dp2212, Universitaet Bern, Departement Volkswirtschaft.
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"The financing of local government in China: Stimulus loan wanes and shadow banking waxes,"
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"Inefficient investment waves,"
LSE Research Online Documents on Economics
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"Securitization and Aggregate Investment Efficiency,"
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"A Macroeconomic Framework for Quantifying Systemic Risk,"
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3277, Stanford University, Graduate School of Business.
- Zhiguo He & Arvind Krishnamurthy, 2013. "A Macroeconomic Framework for Quantifying Systemic Risk," Swiss Finance Institute Research Paper Series 13-42, Swiss Finance Institute, revised Apr 2015.
- Zhiguo He & Arvind Krishnamurthy, 2019. "A Macroeconomic Framework for Quantifying Systemic Risk," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(4), pages 1-37, October.
- Zhiguo He, 2013. "A Macroeconomic Framework for Quantifying Systemic Risk," 2013 Meeting Papers 58, Society for Economic Dynamics.
- Zhiguo He & Arvind Krishnamurthy, 2014. "A Macroeconomic Framework for Quantifying Systemic Risk," NBER Working Papers 19885, National Bureau of Economic Research, Inc.
- Zhiguo He & Arvind Krishnamurthy, 2012. "A macroeconomic framework for quantifying systemic risk," Working Paper Research 233, National Bank of Belgium.
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2015 Meeting Papers
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"Speculative and Precautionary Demand for Liquidity in Competitive Banking Markets,"
VfS Annual Conference 2021 (Virtual Conference): Climate Economics
242347, Verein für Socialpolitik / German Economic Association.
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- Zhiguo, He & Kondor, Peter, 2016.
"Inefficient investment waves,"
LSE Research Online Documents on Economics
64412, London School of Economics and Political Science, LSE Library.
- Zhiguo He & Péter Kondor, 2016. "Inefficient Investment Waves," Econometrica, Econometric Society, vol. 84, pages 735-780, March.
- Zhiguo He & Péter Kondor, 2012. "Inefficient Investment Waves," NBER Working Papers 18217, National Bureau of Economic Research, Inc.
- Peter Kondor, 2012. "Inefficient Investment Waves," 2012 Meeting Papers 1187, Society for Economic Dynamics.
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"Cournot Fire Sales,"
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"Private and public liquidity provision in over-the-counter markets,"
Theoretical Economics, Econometric Society, vol. 15(4), November.
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"What Makes US Government Bonds Safe Assets?,"
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- Zhiguo He & Arvind Krishnamurthy & Konstantin Milbradt, 2016. "What Makes US Government Bonds Safe Assets?," NBER Working Papers 22017, National Bureau of Economic Research, Inc.
Cited by:
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- Ly Dai Hung, 2018.
"Public Safe Assets Determination,"
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- Chase P. Ross, 2022. "The Collateral Premium and Levered Safe-Asset Production," Finance and Economics Discussion Series 2022-046, Board of Governors of the Federal Reserve System (U.S.).
- Feng Dong & Yi Wen, 2017. "Flight to What? — Dissecting Liquidity Shortages in the Financial Crisis," Working Papers 2017-25, Federal Reserve Bank of St. Louis.
- Kadırgan, Can, 2023. "Exchange rate driven balance sheet effect and capital flows to emerging market economies," The Quarterly Review of Economics and Finance, Elsevier, vol. 87(C), pages 35-45.
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"The fundamentals of safe assets,"
Journal of International Money and Finance, Elsevier, vol. 102(C).
- Habib, Maurizio Michael & Stracca, Livio & Venditti, Fabrizio, 2020. "The fundamentals of safe assets," Working Paper Series 2355, European Central Bank.
- Robert N McCauley, 2019. "Safe assets: made, not just born," BIS Working Papers 769, Bank for International Settlements.
- Reuven Glick, 2019.
"R* and the Global Economy,"
Working Paper Series
2019-18, Federal Reserve Bank of San Francisco.
- Reuven Glick, 2019. "R* and the Global Economy," GRU Working Paper Series GRU_2019_013, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
- Glick, Reuven, 2020. "r* and the global economy," Journal of International Money and Finance, Elsevier, vol. 102(C).
- Gary B. Gorton, 2016. "The History and Economics of Safe Assets," NBER Working Papers 22210, National Bureau of Economic Research, Inc.
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"Is Capital Account Convertibility Required for the Renminbi to Acquire Reserve Currency Status?,"
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- Barry Eichengreen & Camille Macaire & Arnaud Mehl & Eric Monnet & Alain Naef, 2022. "Is Capital Account Convertibility Required for the Renminbi to Acquire Reserve Currency Status?," Working papers 892, Banque de France.
- van Riet, Ad, 2017. "Addressing the safety trilemma: a safe sovereign asset for the eurozone," ESRB Working Paper Series 35, European Systemic Risk Board.
- Dick Bryan & David Harvie & Mike Rafferty & Bruno Tinel, 2020. "Ch 13: The Financialized State," Post-Print halshs-02955815, HAL.
- Joshua Aizenman & Yin-Wong Cheung & Xingwang Qian, 2019.
"The Currency Composition of International Reserves, Demand for International Reserves, and Global Safe Assets,"
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- Cortes, Gustavo S. & Gao, George P. & Silva, Felipe B.G. & Song, Zhaogang, 2022. "Unconventional monetary policy and disaster risk: Evidence from the subprime and COVID–19 crises," Journal of International Money and Finance, Elsevier, vol. 122(C).
- Ly-Dai, Hung, 2018. "Public Safe Assets Determination," MPRA Paper 90237, University Library of Munich, Germany, revised Oct 2018.
- Canhui Hong, 2018. "Flight-to-quality debt crises," 2018 Meeting Papers 166, Society for Economic Dynamics.
- Ly Dai Hung, 2022.
"Safe Assets at Financial Globalization,"
Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 13(03), pages 1-21, October.
- Ly Dai Hung, 2020. "Safe Assets at Financial Globalization," Working Papers hal-03413541, HAL.
- Feng Gao & Zhiguo He & Bin Wei & Jianfeng Yu, 2016.
"Optimal Long-Term Contracting with Learning,"
FRB Atlanta Working Paper
2016-10, Federal Reserve Bank of Atlanta.
- Zhiguo He & Bin Wei & Jianfeng Yu & Feng Gao, 2017. "Optimal Long-Term Contracting with Learning," The Review of Financial Studies, Society for Financial Studies, vol. 30(6), pages 2006-2065.
- Jianfeng Yu & Bin Wei & Zhiguo He, 2012. "Optimal Long-term Contracting with Learning," 2012 Meeting Papers 221, Society for Economic Dynamics.
Cited by:
- Jianjun Miao & Alejandro Rivera, 2016.
"Robust Contracts in Continuous Time,"
Econometrica, Econometric Society, vol. 84(4), pages 1405-1440, July.
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Cited by:
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Journal of Financial Economics, Elsevier, vol. 144(2), pages 670-694.
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Finance and Economics Discussion Series
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"Optimal Debt Maturity and Firm Investment,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 42, pages 110-132, October.
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"Leverage Dynamics without Commitment,"
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Cited by:
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"Optimal Debt Maturity and Firm Investment,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 42, pages 110-132, October.
- Joachim Jungherr & Immo Schott, 2020. "Code and data files for "Optimal Debt Maturity and Firm Investment"," Computer Codes 18-411, Review of Economic Dynamics.
- Joachim Jungherr & Immo Schott, 2016. "Optimal Debt Maturity and Firm Investment," Working Papers 943, Barcelona School of Economics.
- Bontempi, Maria Elena & Bottazzi, Laura & Golinelli, Roberto, 2020. "A multilevel index of heterogeneous short-term and long-term debt dynamics," Journal of Corporate Finance, Elsevier, vol. 64(C).
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"Intermediary Asset Pricing: New Evidence from Many Asset Classes,"
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21920, National Bureau of Economic Research, Inc.
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Cited by:
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"Covered Interest Parity Deviations: Macrofinancial Determinants,"
IMF Working Papers
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- Cerutti, Eugenio M. & Obstfeld, Maurice & Zhou, Haonan, 2021. "Covered interest parity deviations: Macrofinancial determinants," Journal of International Economics, Elsevier, vol. 130(C).
- Eugenio M. Cerutti & Maurice Obstfeld & Haonan Zhou, 2020. "Covered Interest Parity Deviations: Macrofinancial Determinants," NBER Chapters, in: NBER International Seminar on Macroeconomics 2020, National Bureau of Economic Research, Inc.
- Obstfeld, Maurice & Cerutti, Eugenio & Zhou, Haonan, 2019. "Covered Interest Parity Deviations: Macrofinancial Determinants," CEPR Discussion Papers 13886, C.E.P.R. Discussion Papers.
- Eugenio M. Cerutti & Maurice Obstfeld & Haonan Zhou, 2019. "Covered Interest Parity Deviations: Macrofinancial Determinants," NBER Working Papers 26129, National Bureau of Economic Research, Inc.
- William Diamond & Tim Landvoigt, 2019. "Credit Cycles with Market Based Household Leverage," 2019 Meeting Papers 162, Society for Economic Dynamics.
- Valentin Haddad & Tyler Muir, 2021. "Do Intermediaries Matter for Aggregate Asset Prices?," Journal of Finance, American Finance Association, vol. 76(6), pages 2719-2761, December.
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"The Banking View of Bond Risk Premia,"
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14207, C.E.P.R. Discussion Papers.
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- Valentin Haddad & David A. Sraer, 2019. "The Banking View of Bond Risk Premia," NBER Working Papers 26369, National Bureau of Economic Research, Inc.
- David Sraer & Valentin Haddad, 2016. "The Banking View of Bond Risk Premia," 2016 Meeting Papers 814, Society for Economic Dynamics.
- Zhiguo He & Paymon Khorrami & Zhaogang Song, 2019.
"Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress,"
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"The Impact of COVID-19 on Supply Chain Credit Risk,"
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"Risky bank guarantees,"
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"Dollar Shortages, CIP Deviations and the Safe Haven Role of the Dollar,"
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425, Federal Reserve Bank of Dallas.
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- Philippe Bacchetta & J. Scott Davis & Eric van Wincoop, 2023. "Dollar Shortages, CIP Deviations, and the Safe Haven Role of the Dollar," NBER Working Papers 31937, National Bureau of Economic Research, Inc.
- Robin Greenwood & Samuel G. Hanson & Lawrence J. Jin, 2019. "Reflexivity in Credit Markets," NBER Working Papers 25747, National Bureau of Economic Research, Inc.
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"Capital Share Risk in U.S. Asset Pricing,"
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"Taming the Factor Zoo: A Test of New Factors,"
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Cited by:
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The Review of Asset Pricing Studies, Society for Financial Studies, vol. 13(2), pages 223-265.
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"Bond Premium Cyclicality and Liquidity Traps,"
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- Pierpaolo Benigno, 2023. "The International Supply of Reserve Currency," Diskussionsschriften dp2313, Universitaet Bern, Departement Volkswirtschaft.
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Annual Review of Economics, Annual Reviews, vol. 11(1), pages 859-893, August.
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"The financing of local government in China: Stimulus loan wanes and shadow banking waxes,"
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Cited by:
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"Speculative and Precautionary Demand for Liquidity in Competitive Banking Markets,"
VfS Annual Conference 2021 (Virtual Conference): Climate Economics
242347, Verein für Socialpolitik / German Economic Association.
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- Dietrich, Diemo & Gehrig, Thomas, 2021. "Speculative and precautionary demand for liquidity in competitive banking markets," LSE Research Online Documents on Economics 118869, London School of Economics and Political Science, LSE Library.
- Shakina, Ekaterina & Angerer, Martin, 2018. "Coordination and communication during bank runs," Journal of Behavioral and Experimental Finance, Elsevier, vol. 20(C), pages 115-130.
- Rajkamal Iyer & Manju Puri & Nicholas Ryan, 2013. "Do Depositors Monitor Banks?," NBER Working Papers 19050, National Bureau of Economic Research, Inc.
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"Smooth versus Harsh Regulatory Interventions and Policy Equivalence,"
MPRA Paper
116612, University Library of Munich, Germany.
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"Information Choice and Amplification of Financial Crises,"
The Review of Financial Studies, Society for Financial Studies, vol. 30(6), pages 2130-2178.
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"Who Can Tell Which Banks Will Fail?,"
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2022-28, Princeton University. Economics Department..
- Kristian Blickle & Markus K. Brunnermeier & Stephan Luck, 2022. "Who Can Tell Which Banks Will Fail?," NBER Working Papers 29753, National Bureau of Economic Research, Inc.
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"Optimal Stopping in a Model of Speculative Attacks,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(2), pages 212-226, April.
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"Optimal Forbearance of Bank Resolution,"
CEPR Discussion Papers
14244, C.E.P.R. Discussion Papers.
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- Linda Schilling, 2018. "Optimal forbearance of bank resolution," 2018 Meeting Papers 36, Society for Economic Dynamics.
- Kristian Blickle & Markus Brunnermeier & Stephan Luck, 2020. "Micro-evidence from a System-wide Financial Meltdown: The German Crisis of 1931," Working Papers 275, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Moazzam Farooq & Sajjad Zaheer, 2015. "Are Islamic Banks More Resilient During Financial Panics?," Pacific Economic Review, Wiley Blackwell, vol. 20(1), pages 101-124, February.
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- Cong, Lin William & Grenadier, Steven R. & Hu, Yunzhi, 2020. "Dynamic interventions and informational linkages," Journal of Financial Economics, Elsevier, vol. 135(1), pages 1-15.
- Michal Kowalik, 2016. "Opacity and Disclosure in Short-Term Wholesale Funding Markets," Supervisory Research and Analysis Working Papers RPA 16-2, Federal Reserve Bank of Boston.
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"Debt Financing in Asset Markets,"
NBER Working Papers
17935, National Bureau of Economic Research, Inc.
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Cited by:
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"A leverage-based model of speculative bubbles,"
Working Paper Series
WP-2011-07, Federal Reserve Bank of Chicago.
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- Gadi Barlevy, 2008. "A Leverage Based Model of Speculative Bubbles," 2008 Meeting Papers 196, Society for Economic Dynamics.
- Gadi Barlevy, 2008. "A leverage-based model of speculative bubbles," Working Paper Series WP-08-01, Federal Reserve Bank of Chicago.
- Felipe S. Iachan & Plamen T. Nenov & Alp Simsek, 2021.
"The Choice Channel of Financial Innovation,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 13(2), pages 333-372, April.
- Felipe S. Iachan & Plamen T. Nenov & Alp Simsek, 2015. "The Choice Channel of Financial Innovation," NBER Working Papers 21686, National Bureau of Economic Research, Inc.
- ÅžimÅŸek, Alp & Iachan, Felipe Saraiva & Nenov, Plamen T., 2020. "The Choice Channel of Financial Innovation," CEPR Discussion Papers 14361, C.E.P.R. Discussion Papers.
- Huang, Lu & Liu, Yizao, 2014. "The Dynamics of Brand Value in the Carbonated Soft Drinks Industry," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 172389, Agricultural and Applied Economics Association.
- Wei Xiong, 2013. "Bubbles, Crises, and Heterogeneous Beliefs," NBER Working Papers 18905, National Bureau of Economic Research, Inc.
- Chen, Ren-Raw & Chidambaran, N.K. & Imerman, Michael B. & Sopranzetti, Ben J., 2014. "Liquidity, leverage, and Lehman: A structural analysis of financial institutions in crisis," Journal of Banking & Finance, Elsevier, vol. 45(C), pages 117-139.
- Bo Becker & Efraim Benmelech, 2021. "The Resilience of the U.S. Corporate Bond Market During Financial Crises," NBER Working Papers 28868, National Bureau of Economic Research, Inc.
- Benzoni, Luca & Garlappi, Lorenzo & Goldstein, Robert S. & Ying, Chao, 2022. "Debt dynamics with fixed issuance costs," Journal of Financial Economics, Elsevier, vol. 146(2), pages 385-402.
- Zhiguo He & Gregor Matvos, 2012.
"Debt and Creative Destruction: Why Could Subsidizing Corporate Debt be Optimal?,"
NBER Working Papers
17920, National Bureau of Economic Research, Inc.
- Zhiguo He & Gregor Matvos, 2016. "Debt and Creative Destruction: Why Could Subsidizing Corporate Debt Be Optimal?," Management Science, INFORMS, vol. 62(2), pages 303-325, February.
Cited by:
- Norbäck, Pehr-Johan & Persson, Lars & Tåg, Joacim, 2018.
"Does the debt tax shield distort ownership efficiency?,"
International Review of Economics & Finance, Elsevier, vol. 54(C), pages 299-310.
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- Mihir A. Desai & Dhammika Dharmapala, 2015.
"Interest Deductions in a Multijurisdictional World,"
National Tax Journal, National Tax Association;National Tax Journal, vol. 68(3), pages 653-680, September.
- Mihir A. Desai & Dhammika Dharmapala, 2015. "Interest Deductions in a Multijurisdictional World," CESifo Working Paper Series 5350, CESifo.
- Bo Becker & Victoria Ivashina, 2022.
"Disruption and Credit Markets,"
NBER Working Papers
29890, National Bureau of Economic Research, Inc.
- Bo Becker & Victoria Ivashina, 2023. "Disruption and Credit Markets," Journal of Finance, American Finance Association, vol. 78(1), pages 105-139, February.
- Becker, Bo & Ivashina, Victoria, 2019. "Disruption and Credit Markets," CEPR Discussion Papers 13508, C.E.P.R. Discussion Papers.
- Franklin Allen & Xian Gu, 2018. "The Interplay between Regulations and Financial Stability," Journal of Financial Services Research, Springer;Western Finance Association, vol. 53(2), pages 233-248, June.
- Rogers, Robert P., 2013. "Bankruptcy and steel plant shutdowns," The Quarterly Review of Economics and Finance, Elsevier, vol. 53(2), pages 165-174.
- Fischer, Marcel & Jensen, Bjarne Astrup, 2017. "The debt tax shield, economic growth and inequality," arqus Discussion Papers in Quantitative Tax Research 219, arqus - Arbeitskreis Quantitative Steuerlehre.
- Allen, Franklin & Gu, Xian, 2018. "The Interplay between Regulations and Financial Stability," CEPR Discussion Papers 12862, C.E.P.R. Discussion Papers.
- Zhiguo He & Wei Xiong, 2010.
"Rollover Risk and Credit Risk,"
NBER Working Papers
15653, National Bureau of Economic Research, Inc.
- Zhiguo He & Wei Xiong, 2012. "Rollover Risk and Credit Risk," Journal of Finance, American Finance Association, vol. 67(2), pages 391-430, April.
- Wei Xiong & Zhiguo He, 2010. "Rollover Risk and Credit Risk," 2010 Meeting Papers 98, Society for Economic Dynamics.
Cited by:
- Tingqiang Chen & Suyang Wang, 2023. "Incomplete information model of credit default of micro and small enterprises," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(3), pages 2956-2974, July.
- Cathcart, Lara & Dufour, Alfonso & Rossi, Ludovico & Varotto, Simone, 2020. "The differential impact of leverage on the default risk of small and large firms," Journal of Corporate Finance, Elsevier, vol. 60(C).
- Chen, Zhuo & He, Zhiguo & Liu, Chun, 2020.
"The financing of local government in China: Stimulus loan wanes and shadow banking waxes,"
Journal of Financial Economics, Elsevier, vol. 137(1), pages 42-71.
- Zhuo Chen & Zhiguo He & Chun Liu, 2017. "The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes," NBER Working Papers 23598, National Bureau of Economic Research, Inc.
- Nils Friewald & Florian Nagler & Christian Wagner, 2022. "Debt Refinancing and Equity Returns," Journal of Finance, American Finance Association, vol. 77(4), pages 2287-2329, August.
- Meg Adachi-Sato & Chaiporn Vithessonthi, 2016.
"Corporate Debt Maturity and Future Firm Performance Volatility,"
PIER Discussion Papers
29, Puey Ungphakorn Institute for Economic Research.
- Adachi-Sato, Meg & Vithessonthi, Chaiporn, 2019. "Corporate debt maturity and future firm performance volatility," International Review of Economics & Finance, Elsevier, vol. 60(C), pages 216-237.
- Sabrina T. Howell & Josh Lerner & Ramana Nanda & Richard R. Townsend, 2020. "How Resilient is Venture-Backed Innovation? Evidence from Four Decades of U.S. Patenting," NBER Working Papers 27150, National Bureau of Economic Research, Inc.
- Peter Christoffersen & Du Du & Redouane Elkamhi, 2013. "Rare Disasters and Credit Market Puzzles," CREATES Research Papers 2013-45, Department of Economics and Business Economics, Aarhus University.
- Kalimipalli, Madhu & Nayak, Subhankar & Perez, M. Fabricio, 2013. "Dynamic effects of idiosyncratic volatility and liquidity on corporate bond spreads," Journal of Banking & Finance, Elsevier, vol. 37(8), pages 2969-2990.
- Haque, Sharjil & Varghese, Richard, 2023. "Firms’ rollover risk, capital structure and unequal exposure to aggregate shocks," Journal of Corporate Finance, Elsevier, vol. 80(C).
- Matthias Fleckenstein & Francis A. Longstaff, 2018. "Floating Rate Money? The Stability Premium in Treasury Floating Rate Notes," NBER Working Papers 25216, National Bureau of Economic Research, Inc.
- Mahyar Kargar & Benjamin Lester & David Lindsay & Shuo Liu & Pierre-Olivier Weill & Diego Zuniga, 2020.
"Corporate Bond Liquidity During the COVID-19 Crisis,"
Working Papers
WP 20-43, Federal Reserve Bank of Philadelphia.
- Weill, Pierre-Olivier & Kargar, Mahyar & Lester, Benjamin & Lindsay, David & Liu, Shuo & Zúñiga, Diego, 2020. "Corporate Bond Liquidity During the COVID-19 Crisis," CEPR Discussion Papers 15231, C.E.P.R. Discussion Papers.
- Mahyar Kargar & Benjamin Lester & David Lindsay & Shuo Liu & Pierre-Olivier Weill & Diego Zúñiga, 2020. "Corporate Bond Liquidity During the COVID-19 Crisis," NBER Working Papers 27355, National Bureau of Economic Research, Inc.
- Mahyar Kargar & Benjamin Lester & David Lindsay & Shuo Liu & Pierre-Olivier Weill & Diego Zúñiga, 2021. "Corporate Bond Liquidity during the COVID-19 Crisis [The day coronavirus nearly broke the financial markets]," The Review of Financial Studies, Society for Financial Studies, vol. 34(11), pages 5352-5401.
- Philippon, Thomas & Faria e castro, Miguel & Martinez, Joseba, 2016.
"Runs versus Lemons: Information Disclosure and Fiscal Capacity,"
CEPR Discussion Papers
11408, C.E.P.R. Discussion Papers.
- Miguel Faria-e-Castro & Joseba Martinez & Thomas Philippon, 2015. "Runs versus Lemons: Information Disclosure and Fiscal Capacity," NBER Working Papers 21201, National Bureau of Economic Research, Inc.
- Thomas Philippon & Joseba Martinez & Miguel de Faria e Castro, 2015. "Runs versus Lemons: Information Disclosure and Fiscal Capacity," 2015 Meeting Papers 1146, Society for Economic Dynamics.
- Miguel Faria-e-Castro & Joseba Martinez & Thomas Philippon, 2017. "Runs versus Lemons: Information Disclosure and Fiscal Capacity," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 84(4), pages 1683-1707.
- Philippon, Thomas & Martinez, Joseba & Faria e castro, Miguel, 2015. "Runs versus Lemons: Information Disclosure and Fiscal Capacity," CEPR Discussion Papers 10614, C.E.P.R. Discussion Papers.
- Chu, Lan Khanh & Chu, Hung Viet, 2020. "Is too much liquidity harmful to economic growth?," The Quarterly Review of Economics and Finance, Elsevier, vol. 76(C), pages 230-242.
- Zhiguo He & Paymon Khorrami & Zhaogang Song, 2019.
"Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress,"
NBER Working Papers
26494, National Bureau of Economic Research, Inc.
- Zhiguo He & Paymon Khorrami & Zhaogang Song, 2022. "Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress," The Review of Financial Studies, Society for Financial Studies, vol. 35(10), pages 4630-4673.
- Hongda Zhong, 2021. "A Dynamic Model of Optimal Creditor Dispersion," Journal of Finance, American Finance Association, vol. 76(1), pages 267-316, February.
- Andrey Krishenik & Andreea Minca & Johannes Wissel, 2015. "When do creditors with heterogeneous beliefs agree to run?," Finance and Stochastics, Springer, vol. 19(2), pages 233-259, April.
- Acharya, Viral V. & Pedersen, Lasse Heje, 2019. "Economics with Market Liquidity Risk," Critical Finance Review, now publishers, vol. 8(1-2), pages 111-125, December.
- Douglas W. Diamond & Zhiguo He, 2014.
"A Theory of Debt Maturity: The Long and Short of Debt Overhang,"
Journal of Finance, American Finance Association, vol. 69(2), pages 719-762, April.
- Douglas W. Diamond & Zhiguo He, 2012. "A Theory of Debt Maturity: The Long and Short of Debt Overhang," NBER Working Papers 18160, National Bureau of Economic Research, Inc.
- Siamak Javadi & Ali Nejadmalayeri & Timothy L Krehbiel, 2018. "Do FOMC Actions Speak Loudly? Evidence from Corporate Bond Credit Spreads [Communication and monetary policy]," Review of Finance, European Finance Association, vol. 22(5), pages 1877-1909.
- Schroth, Enrique & Suarez, Gustavo A. & Taylor, Lucian A., 2014. "Dynamic debt runs and financial fragility: Evidence from the 2007 ABCP crisis," Journal of Financial Economics, Elsevier, vol. 112(2), pages 164-189.
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"Credit and Liquidity in Interbank Rates: a Quadratic Approach,"
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- Schwaab, Bernd & Koopman, Siem Jan & Lucas, André, 2014. "Nowcasting and forecasting global financial sector stress and credit market dislocation," International Journal of Forecasting, Elsevier, vol. 30(3), pages 741-758.
- Fuertes, Ana-Maria & Phylaktis, Kate & Yan, Cheng, 2016. "Hot money in bank credit flows to emerging markets during the banking globalization era," Journal of International Money and Finance, Elsevier, vol. 60(C), pages 29-52.
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"The Procyclicality of Expected Credit Loss Provisions,"
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- Brian Du, 2017. "How Useful Is Basel III's Liquidity Coverage Ratio? Evidence From US Bank Holding Companies," European Financial Management, European Financial Management Association, vol. 23(5), pages 902-919, October.
- A. Seetharaman & Vikas Kumar Sahu & A. S. Saravanan & John Rudolph Raj & Indu Niranjan, 2017. "The Impact of Risk Management in Credit Rating Agencies," Risks, MDPI, vol. 5(4), pages 1-16, September.
- Nishihara, Michi & Shibata, Takashi, 2019.
"Liquidation, fire sales, and acquirers’ private information,"
Journal of Economic Dynamics and Control, Elsevier, vol. 108(C).
- Michi Nishihara & Takashi Shibata, 2018. "Liquidation, fire sales, and acquirers' private information," Discussion Papers in Economics and Business 18-25, Osaka University, Graduate School of Economics.
- Décamps, Jean-Paul & Villeneuve, Stéphane, 2015.
"Integrating profitability prospects and cash management,"
TSE Working Papers
15-570, Toulouse School of Economics (TSE).
- Décamps, Jean-Paul & Villeneuve, Stéphane, 2015. "Integrating profitability prospects and cash management," IDEI Working Papers 849, Institut d'Économie Industrielle (IDEI), Toulouse.
- Chia-Chien Chang & Yung -Jen Chung, 2016. "Can Basel Iii Liquidity Risk Measures Explain Taiwan Bank Failures," Proceedings of Economics and Finance Conferences 3205450, International Institute of Social and Economic Sciences.
- Reichenbacher, Michael & Schuster, Philipp, 2022. "Size-adapted bond liquidity measures and their asset pricing implications," Journal of Financial Economics, Elsevier, vol. 146(2), pages 425-443.
- Liu, Lu, 2023. "The demand for long-term mortgage contracts and the role of collateral," ESRB Working Paper Series 142, European Systemic Risk Board.
- Haotian Xiang, 2019. "Time Inconsistency and Financial Covenants," 2019 Meeting Papers 63, Society for Economic Dynamics.
- Xue-Zhong He & Eva Lütkebohmert & Yajun Xiao, 2017. "Rollover risk and credit risk under time-varying margin," Quantitative Finance, Taylor & Francis Journals, vol. 17(3), pages 455-469, March.
- Schuster, Philipp & Trapp, Monika & Uhrig-Homburg, Marliese, 2016. "A heterogeneous agents equilibrium model for the term structure of bond market liquidity," CFR Working Papers 13-05 [rev.2], University of Cologne, Centre for Financial Research (CFR).
- Zhiguo He & Wei Xiong, 2012.
"Debt Financing in Asset Markets,"
American Economic Review, American Economic Association, vol. 102(3), pages 88-94, May.
- Zhiguo He & Wei Xiong, 2012. "Debt Financing in Asset Markets," NBER Working Papers 17935, National Bureau of Economic Research, Inc.
- Hong, Jieying, 2019. "Managerial compensation incentives and corporate debt maturity: Evidence from FAS 123R," Journal of Corporate Finance, Elsevier, vol. 56(C), pages 388-414.
- Martina Jasova & Caterina Mendicino & Dominik Supera, 2018. "Rollover Risk and Bank Lending Behavior: Evidence from Unconventional Central Bank Liquidity," 2018 Meeting Papers 500, Society for Economic Dynamics.
- Norden, Lars & Roosenboom, Peter & Wang, Teng, 2016. "The effects of corporate bond granularity," Journal of Banking & Finance, Elsevier, vol. 63(C), pages 25-34.
- Wang, Baolian, 2019. "The cash conversion cycle spread," Journal of Financial Economics, Elsevier, vol. 133(2), pages 472-497.
- Zhou Lu & Zhuyao Zhuo, 2021. "Modelling of Chinese corporate bond default – A machine learning approach," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(5), pages 6147-6191, December.
- Choi, Jaewon & Hackbarth, Dirk & Zechner, Josef, 2013.
"Granularity of corporate debt,"
CFS Working Paper Series
2013/26, Center for Financial Studies (CFS).
- Choi, Jaewon & Hackbarth, Dirk & Zechner, Josef, 2021. "Granularity of Corporate Debt," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 56(4), pages 1127-1162, June.
- Hugonnier, Julien & Malamud, Semyon & Morellec, Erwan, 2015. "Credit market frictions and capital structure dynamics," Journal of Economic Theory, Elsevier, vol. 157(C), pages 1130-1158.
- Atawnah, Nader & Zaman, Rashid & Liu, Jia & Atawna, Thaer & Maghyereh, Aktham, 2023. "Does foreign competition affect corporate debt maturity structure? Evidence from import penetration," International Review of Financial Analysis, Elsevier, vol. 86(C).
- Liu, Xiaojuan & Chen, Xiaoyijing & Deng, Baijun, 2023. "The effect of the government's green grip: Evidence from government-initiated corporate environmental ratings and corporate debt financing," Pacific-Basin Finance Journal, Elsevier, vol. 80(C).
- Dick-Nielsen, Jens & Nielsen, Mads Stenbo & von Rüden, Stine Louise, 2021. "The value of bond underwriter relationships," Journal of Corporate Finance, Elsevier, vol. 68(C).
- Bernd Schwaab & Siem Jan Koopman & André Lucas, 2015.
"Global Credit Risk: World, Country and Industry Factors,"
Tinbergen Institute Discussion Papers
15-029/III/DSF87, Tinbergen Institute.
- Schwaab, Bernd & Koopman, Siem Jan & Lucas, André, 2016. "Global credit risk: world country and industry factors," Working Paper Series 1922, European Central Bank.
- Bernd Schwaab & Siem Jan Koopman & André Lucas, 2017. "Global Credit Risk: World, Country and Industry Factors," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 32(2), pages 296-317, March.
- Arnold, Marc & Westermann, Ramona, 2015. "The Value of Creditor Governance: Debt Renegotiations In and Outside Distress," Working Papers on Finance 1514, University of St. Gallen, School of Finance, revised Jul 2016.
- Wan-Chien Chiu & Chih-Wei Wang & Wei-Ning Wu & Chuan-Ju Lin, 2017. "Impact of Rollover Risk and Corporate Policy on Extreme Risk in the Taiwanese Manufacturing Industry," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 20(03), pages 1-20, September.
- Manso, Gustavo, 2013. "Feedback effects of credit ratings," Journal of Financial Economics, Elsevier, vol. 109(2), pages 535-548.
- Rodolfo E. Manuelli & Juan M. Sanchez, 2018.
"Endogenous Debt Maturity: Liquidity Risk vs. Default Risk,"
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- Rodolfo Manuelli & Juan Sanchez, 2019. "Endogenous Debt Maturity: Liquidity Risk vs. Default Risk," 2019 Meeting Papers 1103, Society for Economic Dynamics.
- Juan Sanchez & Rodolfo Manuelli, 2016. "Endogenous Debt Maturity: Liquidity Risk vs. Default Risk," 2016 Meeting Papers 1435, Society for Economic Dynamics.
- Zheng, Huanhuan, 2023. "Sovereign debt responses to the COVID-19 pandemic," Journal of International Economics, Elsevier, vol. 143(C).
- Chakravarty, Surajeet & Choo, Lawrence & Fonseca, Miguel A. & Kaplan, Todd R., 2021.
"Should regulators always be transparent? a bank run experiment,"
European Economic Review, Elsevier, vol. 136(C).
- Chakravarty, Surajeet & Choo, Lawrence & Fonseca, Miguel A. & Kaplan, Todd R., 2020. "Should regulators always be transparent? A bank run experiment," MPRA Paper 99948, University Library of Munich, Germany.
- Paul Lavery & Marian-Eliza Spaliara, 2022. "Private equity buyouts & firm exporting during the global financial crisis," Working Papers 2022_09, Business School - Economics, University of Glasgow.
- Robert J. Shiller, 2014.
"Speculative Asset Prices,"
American Economic Review, American Economic Association, vol. 104(6), pages 1486-1517, June.
- Shiller, Robert J., 2013. "Speculative Asset Prices," Nobel Prize in Economics documents 2013-6, Nobel Prize Committee.
- Asis, Gonzalo & Chari, Anusha & Haas, Adam, 2021.
"In search of distress risk in emerging markets,"
Journal of International Economics, Elsevier, vol. 131(C).
- Gonzalo Asis & Anusha Chari & Adam Haas, 2020. "In Search of Distress Risk in Emerging Markets," NBER Working Papers 27213, National Bureau of Economic Research, Inc.
- Song Han & Xing Zhou, 2014. "Informed Bond Trading, Corporate Yield Spreads, and Corporate Default Prediction," Management Science, INFORMS, vol. 60(3), pages 675-694, March.
- Marc Arnold & Ramona Westermann, 2023. "Debt Renegotiations Outside Distress," Review of Finance, European Finance Association, vol. 27(4), pages 1183-1228.
- Sun, Junjie & Wu, Deming & Zhao, Xinlei, 2018. "Systematic risk factors and bank failures," Journal of Economics and Business, Elsevier, vol. 98(C), pages 1-18.
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"Markups and financial shocks,"
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- Philipp Meinen & Ana Cristina Soares, 2022. "Markups and Financial Shocks," The Economic Journal, Royal Economic Society, vol. 132(647), pages 2471-2499.
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- Dong, Yi & Hou, Qiannan & Ni, Chenkai, 2021. "Implicit government guarantees and credit ratings," Journal of Corporate Finance, Elsevier, vol. 69(C).
- Javadi, Siamak & Mollagholamali, Mohsen, 2018. "Debt market illiquidity and correlated default risk," Finance Research Letters, Elsevier, vol. 26(C), pages 266-273.
- Matthias Fleckenstein & Francis A. Longstaff, 2023. "Small Business Equity Returns: Empirical Evidence from the Business Credit Card Securitization Market," Journal of Finance, American Finance Association, vol. 78(1), pages 389-425, February.
- Chen, Jiakai, 2022. "Market discipline and regulatory arbitrage: Evidence from ABCP liquidity guarantors," Journal of Banking & Finance, Elsevier, vol. 145(C).
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- Nejadmalayeri, Ali & Usman, Adam, 2022. "Real asset liquidity, cash holdings, and the cost of corporate debt," Global Finance Journal, Elsevier, vol. 53(C).
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- Araújo, Eliane & Bruno, Miguel & Pimentel, Débora, 2012. "Financialization against Industrialization: a regulationnist approach of the Brazilian Paradox," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 11.
- Arvind Krishnamurthy, 2009.
"How Debt Markets have Malfunctioned in the Crisis,"
NBER Working Papers
15542, National Bureau of Economic Research, Inc.
- Arvind Krishnamurthy, 2010. "How Debt Markets Have Malfunctioned in the Crisis," Journal of Economic Perspectives, American Economic Association, vol. 24(1), pages 3-28, Winter.
- Felipe S. Iachan, 2020.
"Capital Budgeting and Risk Taking Under Credit Constraints,"
Management Science, INFORMS, vol. 66(9), pages 4292-4314, September.
- Iachan, Felipe Saraiva, 2017. "Capital budgeting and risk taking under credit constraints," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 786, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
- Committee, Nobel Prize, 2022. "Financial Intermediation and the Economy," Nobel Prize in Economics documents 2022-2, Nobel Prize Committee.
- Eduardo Davila & Thomas Philippon, 2018. "Incompleteness Shocks," 2018 Meeting Papers 109, Society for Economic Dynamics.
- Jie Deng & Jingjing Yang, 2020. "The effect of corporate real estate ownership on R&D innovation: credit relief vs. resource replacement in China," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 34(1), pages 44-62, May.
- Xuewen Liu, 2023. "A Model of Systemic Bank Runs," Journal of Finance, American Finance Association, vol. 78(2), pages 731-793, April.
- Libo Yin & Jing Nie & Liyan Han, 2020. "Intermediary asset pricing in commodity futures returns," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 40(11), pages 1711-1730, November.
- Libo Yin & Jing Nie, 2021. "Intermediary asset pricing in currency carry trade returns," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 41(8), pages 1241-1267, August.
- Fernández-Villaverde, Jesús & Hurtado, Samuel & Nuño, Galo, 2019.
"Financial Frictions and the Wealth Distribution,"
CEPR Discussion Papers
14002, C.E.P.R. Discussion Papers.
- Jesús Fernández-Villaverde & Samuel Hurtado & Galo Nuño, 2019. "Financial Frictions and the Wealth Distribution," NBER Working Papers 26302, National Bureau of Economic Research, Inc.
- Jesús Fernández-Villaverde & Samuel Hurtado & Galo Nuño, 2020. "Financial frictions and the wealth distribution," Working Papers 2013, Banco de España.
- Jesus Fernandez-Villaverde & Samuel Hurtado & Galo Nuno, 2019. "Financial Frictions and the Wealth Distribution," PIER Working Paper Archive 19-015, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Jesús Fernández-Villaverde & Samuel Hurtado & Galo Nuño, 2020. "Financial Frictions and the Wealth Distribution," CESifo Working Paper Series 8482, CESifo.
- Claire Océane Chevallier & Sarah El Joueidi, 2016. "Regulation and Rational Banking Bubbles in Infinite Horizon," DEM Discussion Paper Series 16-15, Department of Economics at the University of Luxembourg.
- Plantin, Guillaume, 2023. "Asset bubbles and inflation as competing monetary phenomena," Journal of Economic Theory, Elsevier, vol. 212(C).
- Feng, Xu & Lu, Lei & Xiao, Yajun, 2020. "Shadow banks, leverage risks, and asset prices," Journal of Economic Dynamics and Control, Elsevier, vol. 111(C).
- Zhiguo He & In Gu Khang & Arvind Krishnamurthy, 2010. "Balance Sheet Adjustments in the 2008 Crisis," NBER Working Papers 15919, National Bureau of Economic Research, Inc.
- Idan Hodor & Andrea Buffa, 2017. "Institutional Investors, Heterogeneous Benchmarks and the Comovement of Asset Prices," 2017 Meeting Papers 374, Society for Economic Dynamics.
- Huang, Ji, 2018. "Banking and shadow banking," Journal of Economic Theory, Elsevier, vol. 178(C), pages 124-152.
- Zhiguo He & Wei Xiong, 2008.
"Delegated Asset Management, Investment Mandates, and Capital Immobility,"
NBER Working Papers
14574, National Bureau of Economic Research, Inc.
- He, Zhiguo & Xiong, Wei, 2013. "Delegated asset management, investment mandates, and capital immobility," Journal of Financial Economics, Elsevier, vol. 107(2), pages 239-258.
Cited by:
- Han, Min-Yeon & Jun, Sang-Gyung & Oh, Ji Yeol Jimmy & Kang, Hyoung-Goo, 2023. "Who should choose the money managers? Institutional sponsors' equity manager performance," Pacific-Basin Finance Journal, Elsevier, vol. 78(C).
- Kang, Chang-Mo & Kim, Donghyun, 2022. "Risk management transparency and compensation," Journal of Corporate Finance, Elsevier, vol. 75(C).
- Andrea M. Buffa & Dimitri Vayanos & Paul Woolley, 2022.
"Asset Management Contracts and Equilibrium Prices,"
Journal of Political Economy, University of Chicago Press, vol. 130(12), pages 3146-3201.
- Andrea M. Buffa & Dimitri Vayanos & Paul Woolley, 2014. "Asset Management Contracts and Equilibrium Prices," NBER Working Papers 20480, National Bureau of Economic Research, Inc.
- Buffa, Andrea M. & Vayanos, Dimitri & Woolley, Paul, 2022. "Asset management contracts and equilibrium prices," LSE Research Online Documents on Economics 113889, London School of Economics and Political Science, LSE Library.
- Vayanos, Dimitri & Woolley, Paul & ,, 2014. "Asset Management Contracts and Equilibrium Prices," CEPR Discussion Papers 10152, C.E.P.R. Discussion Papers.
- Buffa, Andrea & Vayanos, Dimitri & Woolley, Paul, 2014. "Asset management contracts and equilibrium prices," LSE Research Online Documents on Economics 119026, London School of Economics and Political Science, LSE Library.
- Abad, Pilar & Díaz, Antonio & Escribano, Ana & Robles, M.-Dolores, 2021. "Crossing boundaries beyond the investment grade: Induced trading by rating-contingent investment constraints," Journal of Corporate Finance, Elsevier, vol. 67(C).
- Donaldson, Jason Roderick & Piacentino, Giorgia, 2018. "Contracting to compete for flows," Journal of Economic Theory, Elsevier, vol. 173(C), pages 289-319.
- Hiraki, Takato & Liu, Ming, 2021. "Do global equity mutual funds exhibit home bias?," Journal of Behavioral and Experimental Finance, Elsevier, vol. 31(C).
- Pascal François & Stephanie Heck & Georges Hübner & Thomas Lejeune, 2022. "Comoment risk in corporate bond yields and returns," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 45(3), pages 471-512, September.
- Wei Jiang & Jitao Ou & Zhongyan Zhu, 2021. "Mutual Fund Holdings of Credit Default Swaps: Liquidity, Yield, and Risk," Journal of Finance, American Finance Association, vol. 76(2), pages 537-586, April.
- Sotes-Paladino, Juan & Zapatero, Fernando, 2022. "Carrot and stick: A role for benchmark-adjusted compensation in active fund management," Journal of Financial Intermediation, Elsevier, vol. 52(C).
- Dass, Nishant & Nanda, Vikram & Wang, Qinghai, 2013. "Allocation of decision rights and the investment strategy of mutual funds," Journal of Financial Economics, Elsevier, vol. 110(1), pages 254-277.
- Goldberg, Jonathan, 2020. "Liquidity supply by broker-dealers and real activity," Journal of Financial Economics, Elsevier, vol. 136(3), pages 806-827.
- Buffa, Andrea M. & Hodor, Idan, 2023. "Institutional investors, heterogeneous benchmarks and the comovement of asset prices," Journal of Financial Economics, Elsevier, vol. 147(2), pages 352-381.
- Baghai, Ramin & Becker, Bo & Pitschner, Stefan, 2018. "The Private Use of Credit Ratings: Evidence from Mutual Fund Investment Mandates," CEPR Discussion Papers 13418, C.E.P.R. Discussion Papers.
- Viral V. Acharya & Lars A. Lochstoer & Tarun Ramadorai, 2011.
"Limits to Arbitrage and Hedging: Evidence from Commodity Markets,"
NBER Working Papers
16875, National Bureau of Economic Research, Inc.
- Acharya, Viral & Lochstoer, Lars, 2009. "Limits to Arbitrage and Hedging: Evidence from Commodity Markets," CEPR Discussion Papers 7327, C.E.P.R. Discussion Papers.
- Acharya, Viral V. & Lochstoer, Lars A. & Ramadorai, Tarun, 2013. "Limits to arbitrage and hedging: Evidence from commodity markets," Journal of Financial Economics, Elsevier, vol. 109(2), pages 441-465.
- Riccardo Lucchetti & Mihaela Nicolau & Giulio Palomba & Luca Riccetti, 2022. "Reconciling TEV and VaR in Active Portfolio Management: A New Frontier," Working Papers 461, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Ernest Liu & Benjamin N. Roth, 2020. "Contractual Restrictions and Debt Traps," Working Papers 2020-30, Princeton University. Economics Department..
Articles
- Peter DeMarzo & Zhiguo He & Fabrice Tourre, 2023.
"Sovereign Debt Ratchets and Welfare Destruction,"
Journal of Political Economy, University of Chicago Press, vol. 131(10), pages 2825-2892.
See citations under working paper version above.
- Peter M. DeMarzo & Zhiguo He & Fabrice Tourre, 2021. "Sovereign Debt Ratchets and Welfare Destruction," NBER Working Papers 28599, National Bureau of Economic Research, Inc.
- He, Zhiguo & Huang, Jing & Zhou, Jidong, 2023.
"Open banking: Credit market competition when borrowers own the data,"
Journal of Financial Economics, Elsevier, vol. 147(2), pages 449-474.
See citations under working paper version above.
- Zhiguo He & Jing Huang & Jidong Zhou, 2020. "Open Banking: Credit Market Competition When Borrowers Own the Data," Working Papers 2020-168, Becker Friedman Institute for Research In Economics.
- Zhiguo He & Jing Huang & Jidong Zhou, 2020. "Open Banking: Credit Market Competition When Borrowers Own the Data," NBER Working Papers 28118, National Bureau of Economic Research, Inc.
- Zhiguo He & Jing Huang & Jidong Zhou, 2020. "Open Banking: Credit Market Competition When Borrowers Own the Data," Cowles Foundation Discussion Papers 2262, Cowles Foundation for Research in Economics, Yale University.
- Zhiguo He & Jing Huang & Jidong Zhou, 2022. "Open Banking: Credit Market Competition When Borrowers Own the Data," Cowles Foundation Discussion Papers 2262R, Cowles Foundation for Research in Economics, Yale University.
- He, Zhiguo & Nagel, Stefan & Song, Zhaogang, 2022.
"Treasury inconvenience yields during the COVID-19 crisis,"
Journal of Financial Economics, Elsevier, vol. 143(1), pages 57-79.
See citations under working paper version above.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020. "Treasury Inconvenience Yields during the COVID-19 Crisis," NBER Working Papers 27416, National Bureau of Economic Research, Inc.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020. "Treasury Inconvenience Yields during the COVID-19 Crisis," Working Papers 2020-79, Becker Friedman Institute for Research In Economics.
- Zhiguo He & Yongxiang Wang, 2022.
"Introduction: Special Issue on China I,"
Review of Finance, European Finance Association, vol. 26(3), pages 445-447.
Cited by:
- Li, Youwei & Liao, Ming & Liu, Yangke, 2023. "How does green credit policy affect polluting firms' dividend policy? The China experience," International Review of Financial Analysis, Elsevier, vol. 88(C).
- Zhiguo He & Paymon Khorrami & Zhaogang Song, 2022.
"Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress,"
The Review of Financial Studies, Society for Financial Studies, vol. 35(10), pages 4630-4673.
See citations under working paper version above.
- Zhiguo He & Paymon Khorrami & Zhaogang Song, 2019. "Commonality in Credit Spread Changes: Dealer Inventory and Intermediary Distress," NBER Working Papers 26494, National Bureau of Economic Research, Inc.
- Lin William Cong & Zhiguo He & Jiasun Li & Wei Jiang, 2021.
"Decentralized Mining in Centralized Pools [Concentrating on the fall of the labor share],"
The Review of Financial Studies, Society for Financial Studies, vol. 34(3), pages 1191-1235.
See citations under working paper version above.
- Lin William Cong & Zhiguo He & Jiasun Li, 2019. "Decentralized Mining in Centralized Pools," NBER Working Papers 25592, National Bureau of Economic Research, Inc.
- Peter M. Demarzo & Zhiguo He, 2021.
"Leverage Dynamics without Commitment,"
Journal of Finance, American Finance Association, vol. 76(3), pages 1195-1250, June.
See citations under working paper version above.
- Peter DeMarzo & Zhiguo He, 2016. "Leverage Dynamics without Commitment," NBER Working Papers 22799, National Bureau of Economic Research, Inc.
- Chen, Zhuo & He, Zhiguo & Liu, Chun, 2020.
"The financing of local government in China: Stimulus loan wanes and shadow banking waxes,"
Journal of Financial Economics, Elsevier, vol. 137(1), pages 42-71.
See citations under working paper version above.
- Zhuo Chen & Zhiguo He & Chun Liu, 2017. "The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes," NBER Working Papers 23598, National Bureau of Economic Research, Inc.
- Zhiguo He & Arvind Krishnamurthy, 2019.
"A Macroeconomic Framework for Quantifying Systemic Risk,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 11(4), pages 1-37, October.
See citations under working paper version above.
- Zhiguo He & Arvind Krishnamurthy, 2013. "A Macroeconomic Framework for Quantifying Systemic Risk," Swiss Finance Institute Research Paper Series 13-42, Swiss Finance Institute, revised Apr 2015.
- Zhiguo He & Arvind Krishnamurthy, 2014. "A Macroeconomic Framework for Quantifying Systemic Risk," NBER Working Papers 19885, National Bureau of Economic Research, Inc.
- Zhiguo He, 2013. "A Macroeconomic Framework for Quantifying Systemic Risk," 2013 Meeting Papers 58, Society for Economic Dynamics.
- Zhiguo He & Arvind Krishnamurthy, 2012. "A macroeconomic framework for quantifying systemic risk," Working Paper Research 233, National Bank of Belgium.
- He, Zhiguo & Krishnamurthy, Arvind, 2015. "A Macroeconomic Framework for Quantifying Systemic Risk," Research Papers 3277, Stanford University, Graduate School of Business.
- Zhiguo He & Arvind Krishnamurthy & Konstantin Milbradt, 2019.
"A Model of Safe Asset Determination,"
American Economic Review, American Economic Association, vol. 109(4), pages 1230-1262, April.
See citations under working paper version above.
- Zhiguo He & Arvind Krishnamurthy & Konstantin Milbradt, 2016. "A Model of Safe Asset Determination," NBER Working Papers 22271, National Bureau of Economic Research, Inc.
- Lin William Cong & Zhiguo He, 2019.
"Blockchain Disruption and Smart Contracts,"
The Review of Financial Studies, Society for Financial Studies, vol. 32(5), pages 1754-1797.
See citations under working paper version above.
- Lin William Cong & Zhiguo He, 2018. "Blockchain Disruption and Smart Contracts," NBER Working Papers 24399, National Bureau of Economic Research, Inc.
- Hui Chen & Rui Cui & Zhiguo He & Konstantin Milbradt, 2018.
"Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle,"
The Review of Financial Studies, Society for Financial Studies, vol. 31(3), pages 852-897.
See citations under working paper version above.
- Hui Chen & Rui Cui & Zhiguo He & Konstantin Milbradt, 2014. "Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle," NBER Working Papers 20638, National Bureau of Economic Research, Inc.
- Zhiguo He & Arvind Krishnamurthy, 2018.
"Intermediary Asset Pricing and the Financial Crisis,"
Annual Review of Financial Economics, Annual Reviews, vol. 10(1), pages 173-197, November.
See citations under working paper version above.
- Zhiguo He & Arvind Krishnamurthy, 2018. "Intermediary Asset Pricing and the Financial Crisis," NBER Working Papers 24415, National Bureau of Economic Research, Inc.
- He, Zhiguo & Kelly, Bryan & Manela, Asaf, 2017.
"Intermediary asset pricing: New evidence from many asset classes,"
Journal of Financial Economics, Elsevier, vol. 126(1), pages 1-35.
See citations under working paper version above.
- Zhiguo He & Bryan Kelly & Asaf Manela, 2016. "Intermediary Asset Pricing: New Evidence from Many Asset Classes," NBER Working Papers 21920, National Bureau of Economic Research, Inc.
- Zhiguo He & Bin Wei & Jianfeng Yu & Feng Gao, 2017.
"Optimal Long-Term Contracting with Learning,"
The Review of Financial Studies, Society for Financial Studies, vol. 30(6), pages 2006-2065.
See citations under working paper version above.
- Feng Gao & Zhiguo He & Bin Wei & Jianfeng Yu, 2016. "Optimal Long-Term Contracting with Learning," FRB Atlanta Working Paper 2016-10, Federal Reserve Bank of Atlanta.
- Jianfeng Yu & Bin Wei & Zhiguo He, 2012. "Optimal Long-term Contracting with Learning," 2012 Meeting Papers 221, Society for Economic Dynamics.
- Zhiguo He & Péter Kondor, 2016.
"Inefficient Investment Waves,"
Econometrica, Econometric Society, vol. 84, pages 735-780, March.
See citations under working paper version above.
- Zhiguo He & Péter Kondor, 2012. "Inefficient Investment Waves," NBER Working Papers 18217, National Bureau of Economic Research, Inc.
- Peter Kondor, 2012. "Inefficient Investment Waves," 2012 Meeting Papers 1187, Society for Economic Dynamics.
- Zhiguo, He & Kondor, Peter, 2016. "Inefficient investment waves," LSE Research Online Documents on Economics 64412, London School of Economics and Political Science, LSE Library.
- Zhiguo He & Gregor Matvos, 2016.
"Debt and Creative Destruction: Why Could Subsidizing Corporate Debt Be Optimal?,"
Management Science, INFORMS, vol. 62(2), pages 303-325, February.
See citations under working paper version above.
- Zhiguo He & Gregor Matvos, 2012. "Debt and Creative Destruction: Why Could Subsidizing Corporate Debt be Optimal?," NBER Working Papers 17920, National Bureau of Economic Research, Inc.
- Zhiguo He & Asaf Manela, 2016.
"Information Acquisition in Rumor‐Based Bank Runs,"
Journal of Finance, American Finance Association, vol. 71(3), pages 1113-1158, June.
See citations under working paper version above.
- Zhiguo He & Asaf Manela, 2012. "Information Acquisition in Rumor Based Bank Runs," NBER Working Papers 18513, National Bureau of Economic Research, Inc.
- Asaf Manela & Zhiguo He, 2012. "Information Acquisition in Rumor-Based Bank Runs," 2012 Meeting Papers 170, Society for Economic Dynamics.
- Zhiguo He & Arvind Krishnamurthy & Konstantin Milbradt, 2016.
"What Makes US Government Bonds Safe Assets?,"
American Economic Review, American Economic Association, vol. 106(5), pages 519-523, May.
See citations under working paper version above.
- He, Zhiguo & Krishnamurthy, Arvind & Milbradt, Konstantin, 2016. "What Makes US Government Bonds Safe Assets?," Research Papers 3421, Stanford University, Graduate School of Business.
- Zhiguo He & Arvind Krishnamurthy & Konstantin Milbradt, 2016. "What Makes US Government Bonds Safe Assets?," NBER Working Papers 22017, National Bureau of Economic Research, Inc.
- Zhiguo He & Konstantin Milbradt, 2016.
"Dynamic Debt Maturity,"
The Review of Financial Studies, Society for Financial Studies, vol. 29(10), pages 2677-2736.
See citations under working paper version above.
- Zhiguo He & Konstantin Milbradt, 2016. "Dynamic Debt Maturity," NBER Working Papers 21919, National Bureau of Economic Research, Inc.
- Douglas W. Diamond & Zhiguo He, 2014.
"A Theory of Debt Maturity: The Long and Short of Debt Overhang,"
Journal of Finance, American Finance Association, vol. 69(2), pages 719-762, April.
See citations under working paper version above.
- Douglas W. Diamond & Zhiguo He, 2012. "A Theory of Debt Maturity: The Long and Short of Debt Overhang," NBER Working Papers 18160, National Bureau of Economic Research, Inc.
- Zhiguo He & Konstantin Milbradt, 2014.
"Endogenous Liquidity and Defaultable Bonds,"
Econometrica, Econometric Society, vol. 82(4), pages 1443-1508, July.
See citations under working paper version above.
- Konstantin Milbradt & Zhiguo He, 2012. "Endogenous liquidity and defaultable bonds," 2012 Meeting Papers 86, Society for Economic Dynamics.
- Zhiguo He & Konstantin Milbradt, 2012. "Endogenous Liquidity and Defaultable Bonds," NBER Working Papers 18408, National Bureau of Economic Research, Inc.
- Zhiguo He & Si Li & Bin Wei & Jianfeng Yu, 2014.
"Uncertainty, Risk, and Incentives: Theory and Evidence,"
Management Science, INFORMS, vol. 60(1), pages 206-226, January.
See citations under working paper version above.
- Zhiguo He & Si Li & Bin Wei & Jianfeng Yu, 2013. "Uncertainty, risk, and incentives: theory and evidence," Finance and Economics Discussion Series 2013-18, Board of Governors of the Federal Reserve System (U.S.).
- He, Zhiguo & Xiong, Wei, 2013.
"Delegated asset management, investment mandates, and capital immobility,"
Journal of Financial Economics, Elsevier, vol. 107(2), pages 239-258.
See citations under working paper version above.
- Zhiguo He & Wei Xiong, 2008. "Delegated Asset Management, Investment Mandates, and Capital Immobility," NBER Working Papers 14574, National Bureau of Economic Research, Inc.
- Zhiguo He & Arvind Krishnamurthy, 2013.
"Intermediary Asset Pricing,"
American Economic Review, American Economic Association, vol. 103(2), pages 732-770, April.
See citations under working paper version above.
- Arvind Krishnamurhty & Zhiguo He, 2010. "Intermediary Asset Pricing," 2010 Meeting Papers 1327, Society for Economic Dynamics.
- Zhiguo He & Arvind Krishnamurthy, 2008. "Intermediary Asset Pricing," NBER Working Papers 14517, National Bureau of Economic Research, Inc.
- Zhiguo He & Wei Xiong, 2012.
"Rollover Risk and Credit Risk,"
Journal of Finance, American Finance Association, vol. 67(2), pages 391-430, April.
See citations under working paper version above.
- Wei Xiong & Zhiguo He, 2010. "Rollover Risk and Credit Risk," 2010 Meeting Papers 98, Society for Economic Dynamics.
- Zhiguo He & Wei Xiong, 2010. "Rollover Risk and Credit Risk," NBER Working Papers 15653, National Bureau of Economic Research, Inc.
- Zhiguo He & Wei Xiong, 2012.
"Debt Financing in Asset Markets,"
American Economic Review, American Economic Association, vol. 102(3), pages 88-94, May.
See citations under working paper version above.
- Zhiguo He & Wei Xiong, 2012. "Debt Financing in Asset Markets," NBER Working Papers 17935, National Bureau of Economic Research, Inc.
- Zhiguo He & Wei Xiong, 2012.
"Dynamic Debt Runs,"
The Review of Financial Studies, Society for Financial Studies, vol. 25(6), pages 1799-1843.
See citations under working paper version above.
- Zhiguo He & Wei Xiong, 2009. "Dynamic Debt Runs," NBER Working Papers 15482, National Bureau of Economic Research, Inc.
- Wei Xiong & Zhiguo He, 2011. "Dynamic Debt Runs," 2011 Meeting Papers 902, Society for Economic Dynamics.
- Peter M. Demarzo & Michael J. Fishman & Zhiguo He & Neng Wang, 2012.
"Dynamic Agency and the q Theory of Investment,"
Journal of Finance, American Finance Association, vol. 67(6), pages 2295-2340, December.
See citations under working paper version above.
- Zhiguo He & Neng Wang & Mike Fishman & Peter DeMarzo, 2008. "Dynamic agency and the q theory of investment," 2008 Meeting Papers 1070, Society for Economic Dynamics.
- Zhiguo He, 2012.
"Dynamic Compensation Contracts with Private Savings,"
The Review of Financial Studies, Society for Financial Studies, vol. 25(5), pages 1494-1549.
Cited by:
- Eisfeldt, Andrea L. & Kuhnen, Camelia M., 2013.
"CEO turnover in a competitive assignment framework,"
Journal of Financial Economics, Elsevier, vol. 109(2), pages 351-372.
- Eisfeldt, Andrea & Kuhnen, Camelia M., 2010. "CEO turnover in a competitive assignment framework," MPRA Paper 22367, University Library of Munich, Germany.
- Camelia M. Kuhnen & Andrea L. Eisfeldt, 2010. "CEO Turnover in a Competitive Assignment Framework," 2010 Meeting Papers 1081, Society for Economic Dynamics.
- John Thanassoulis, 2013. "Short-Term Shareholders, Bubbles, And CEO Myopia," Economics Series Working Papers 663, University of Oxford, Department of Economics.
- Lustig, Hanno & Syverson, Chad & Van Nieuwerburgh, Stijn, 2011.
"Technological change and the growing inequality in managerial compensation,"
Journal of Financial Economics, Elsevier, vol. 99(3), pages 601-627, March.
- Hanno Lustig & Chad Syverson & Stijn Van Nieuwerburgh, 2009. "Technological Change and the Growing Inequality in Managerial Compensation," NBER Working Papers 14661, National Bureau of Economic Research, Inc.
- Jenter, Dirk & Lewellen, Katharina, 2021.
"Performance-induced CEO turnover,"
LSE Research Online Documents on Economics
104066, London School of Economics and Political Science, LSE Library.
- Jenter, Dirk & Lewellen, Katharina, 2014. "Performance-Induced CEO Turnover," Research Papers 3054, Stanford University, Graduate School of Business.
- Jenter, Dirk & Lewellen, Katharina, 2017. "Performance-induced CEO turnover," LSE Research Online Documents on Economics 118959, London School of Economics and Political Science, LSE Library.
- Dirk Jenter & Katharina Lewellen, 2021. "Performance-Induced CEO Turnover [The “Wall Street Walk” and shareholder activism: Exit as a form of voice]," The Review of Financial Studies, Society for Financial Studies, vol. 34(2), pages 569-617.
- Jenter, Dirk & Lewellen, Katharina A., 2017. "Performance-induced CEO turnover," CEPR Discussion Papers 12274, C.E.P.R. Discussion Papers.
- Yaping Shan, 2017.
"Incentives for Research Agents and Performance-vested Equity-based Compensation,"
School of Economics and Public Policy Working Papers
2017-15, University of Adelaide, School of Economics and Public Policy.
- Shan, Yaping, 2019. "Incentives for research agents and performance-vested equity-based compensation," Journal of Economic Dynamics and Control, Elsevier, vol. 102(C), pages 44-69.
- David Hillier & Patrick McColgan & Athanasios Tsekeris, 2022. "How did the Sarbanes–Oxley Act affect managerial incentives? Evidence from corporate acquisitions," Review of Quantitative Finance and Accounting, Springer, vol. 58(4), pages 1395-1450, May.
- Piskorski, Tomasz & Westerfield, Mark M., 2016. "Optimal dynamic contracts with moral hazard and costly monitoring," Journal of Economic Theory, Elsevier, vol. 166(C), pages 242-281.
- Ronald Anderson & Cecilia Bustamante & Stéphane Guibaud & Mihail Zervos, 2018. "Agency, Firm Growth, and Managerial Turnover," SciencePo Working papers Main hal-03391936, HAL.
- Ch.-M. CHEVALIER, 2018. "Financial constraints of innovative firms and sectoral growth," Documents de Travail de l'Insee - INSEE Working Papers g2018-05, Institut National de la Statistique et des Etudes Economiques.
- Gabaix, Xavier & Sannikov, Yuliy & Edmans, Alex & Sadzik, Tomasz, 2009.
"Dynamic Incentive Accounts,"
CEPR Discussion Papers
7497, C.E.P.R. Discussion Papers.
- Yuliy Sannikov & Xavier Gabaix & Tomasz Sadzik & Alex Edmans, 2010. "Dynamic Incentive Accounts," 2010 Meeting Papers 1207, Society for Economic Dynamics.
- Edmans, Alex & Gabaix, Xavier & Sadzik, Tomasz & Sannikov, Yuliy, 2010. "Dynamic Incentive Accounts," Working Papers 10-19, University of Pennsylvania, Wharton School, Weiss Center.
- Alex Edmans & Xavier Gabaix & Tomasz Sadzik & Yuliy Sannikov, 2009. "Dynamic Incentive Accounts," NBER Working Papers 15324, National Bureau of Economic Research, Inc.
- Zhiguo He & Bin Wei & Jianfeng Yu & Feng Gao, 2017.
"Optimal Long-Term Contracting with Learning,"
The Review of Financial Studies, Society for Financial Studies, vol. 30(6), pages 2006-2065.
- Feng Gao & Zhiguo He & Bin Wei & Jianfeng Yu, 2016. "Optimal Long-Term Contracting with Learning," FRB Atlanta Working Paper 2016-10, Federal Reserve Bank of Atlanta.
- Jianfeng Yu & Bin Wei & Zhiguo He, 2012. "Optimal Long-term Contracting with Learning," 2012 Meeting Papers 221, Society for Economic Dynamics.
- Garrett, Daniel & Dilmé, Francesc, 2020.
"Relational Contracts: Public versus Private Savings,"
CEPR Discussion Papers
14722, C.E.P.R. Discussion Papers.
- Francesc Dilmé & Daniel Garrett, 2022. "Relational Contracts: Public versus Private Savings," ECONtribute Discussion Papers Series 192, University of Bonn and University of Cologne, Germany.
- Francesc Dilmé & Daniel Garrett, 2019. "Relational Contracts: Public Versus Private Savings," CRC TR 224 Discussion Paper Series crctr224_2019_132, University of Bonn and University of Mannheim, Germany.
- Francesc Dilmé & Daniel F. Garrett, 2023. "Relational Contracts: Public versus Private Savings," Econometrica, Econometric Society, vol. 91(3), pages 1025-1075, May.
- Anderson, Ronald W. & Bustamante, Maria Cecilia & Guibaud, Stéphane & Zervos, Mihail, 2018. "Agency, firm growth, and managerial turnover," LSE Research Online Documents on Economics 68784, London School of Economics and Political Science, LSE Library.
- Yuzhe Zhang & Borys Grochulski, 2013.
"Market-based incentives,"
2013 Meeting Papers
1180, Society for Economic Dynamics.
- Grochulski, Borys & Zhang, Yuzhe, 2013. "Market-based incentives," MPRA Paper 45576, University Library of Munich, Germany.
- Borys Grochulski & Yuzhe Zhang, 2017. "Market‐Based Incentives," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(2), pages 331-382, May.
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- Edmans, Alex & Gabaix, Xavier, 2016.
"Executive Compensation: A Modern Primer,"
Scholarly Articles
34651704, Harvard University Department of Economics.
- Alex Edmans & Xavier Gabaix, 2016. "Executive Compensation: A Modern Primer," Journal of Economic Literature, American Economic Association, vol. 54(4), pages 1232-1287, December.
- Alex Edmans & Xavier Gabaix, 2015. "Executive Compensation: A Modern Primer," NBER Working Papers 21131, National Bureau of Economic Research, Inc.
- Gabaix, Xavier & Edmans, Alex, 2015. "Executive Compensation: A Modern Primer," CEPR Discussion Papers 10566, C.E.P.R. Discussion Papers.
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- Noah Williams & Rui Li, 2014.
"Optimal Unemployment Insurance and Cyclical Fluctuations,"
2014 Meeting Papers
804, Society for Economic Dynamics.
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"Dynamic Contracts with Random Monitoring,"
Working Papers
0416, University of South Florida, Department of Economics.
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- Ronald Anderson & Cecilia Bustamante & Stéphane Guibaud & Mihail Zervos, 2018. "Agency, Firm Growth, and Managerial Turnover," Post-Print hal-03391936, HAL.
- John Thanassoulis, 2013. "Industry Structure, Executive Pay, and Short-Termism," Management Science, INFORMS, vol. 59(2), pages 402-419, June.
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- Dmitry Orlov, 2014. "Optimal Design of Internal Disclosure," 2014 Meeting Papers 314, Society for Economic Dynamics.
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"CEO turnover in a competitive assignment framework,"
Journal of Financial Economics, Elsevier, vol. 109(2), pages 351-372.
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"A model of dynamic compensation and capital structure,"
Journal of Financial Economics, Elsevier, vol. 100(2), pages 351-366, May.
Cited by:
- Hiroshi Osano & Keiichi Hori, 2013.
"Managerial Incentives and the Role of Advisors in the Continuous-Time Agency Model,"
KIER Working Papers
863, Kyoto University, Institute of Economic Research.
- Keiichi Hori & Hiroshi Osano, 2013. "Managerial Incentives and the Role of Advisors in the Continuous-Time Agency Model," The Review of Financial Studies, Society for Financial Studies, vol. 26(10), pages 2620-2647.
- Hiroshi Osano & Keiichi Hori, 2015. "A Dynamic Agency Theory of Investment and Managerial Replacement," KIER Working Papers 921, Kyoto University, Institute of Economic Research.
- Chong Lai & Rui Li & Yonghong Wu, 2020. "Optimal compensation and investment affected by firm size and time-varying external factors," Annals of Finance, Springer, vol. 16(3), pages 407-422, September.
- Ban, Mingyuan & Chen, Chang-Chih, 2019. "Ambiguity and capital structure adjustments," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 242-270.
- Gryglewicz, Sebastian & Mayer, Simon & Morellec, Erwan, 2020. "Agency conflicts and short- versus long-termism in corporate policies," Journal of Financial Economics, Elsevier, vol. 136(3), pages 718-742.
- Douglas W. Diamond & Zhiguo He, 2014.
"A Theory of Debt Maturity: The Long and Short of Debt Overhang,"
Journal of Finance, American Finance Association, vol. 69(2), pages 719-762, April.
- Douglas W. Diamond & Zhiguo He, 2012. "A Theory of Debt Maturity: The Long and Short of Debt Overhang," NBER Working Papers 18160, National Bureau of Economic Research, Inc.
- Yaping Shan, 2017.
"Incentives for Research Agents and Performance-vested Equity-based Compensation,"
School of Economics and Public Policy Working Papers
2017-15, University of Adelaide, School of Economics and Public Policy.
- Shan, Yaping, 2019. "Incentives for research agents and performance-vested equity-based compensation," Journal of Economic Dynamics and Control, Elsevier, vol. 102(C), pages 44-69.
- Jianjun Miao & Alejandro Rivera, 2016.
"Robust Contracts in Continuous Time,"
Econometrica, Econometric Society, vol. 84(4), pages 1405-1440, July.
- Jianjun Miao & Alejandro Rivera, 2013. "Robust Contracts in Continuous Time," Boston University - Department of Economics - Working Papers Series 2013-009, Boston University - Department of Economics.
- Jianjun Miao & Alejandro Rivera, 2016. "Robust Contracts in Continuous Time," Econometrica, Econometric Society, vol. 84, pages 1405-1440, July.
- Zhiguo He & Wei Xiong, 2010.
"Rollover Risk and Credit Risk,"
NBER Working Papers
15653, National Bureau of Economic Research, Inc.
- Zhiguo He & Wei Xiong, 2012. "Rollover Risk and Credit Risk," Journal of Finance, American Finance Association, vol. 67(2), pages 391-430, April.
- Wei Xiong & Zhiguo He, 2010. "Rollover Risk and Credit Risk," 2010 Meeting Papers 98, Society for Economic Dynamics.
- de La Bruslerie, Hubert & Gueguen, Simon, 2021. "Creditors’ holdup, releveraging and the setting of private appropriation in a control contract between shareholders," International Review of Law and Economics, Elsevier, vol. 68(C).
- Sebastian Gryglewicz & Barney Hartman-Glaser & Geoffery Zheng, 2020. "Growth Options, Incentives, and Pay for Performance: Theory and Evidence," Management Science, INFORMS, vol. 66(3), pages 1248-1277, March.
- Xiaolan Zhang, 2014. "Who Bears Firm-Level Risk? Implications for Cash Flow Volatility," 2014 Meeting Papers 184, Society for Economic Dynamics.
- Zhiguo He & Bin Wei & Jianfeng Yu & Feng Gao, 2017.
"Optimal Long-Term Contracting with Learning,"
The Review of Financial Studies, Society for Financial Studies, vol. 30(6), pages 2006-2065.
- Feng Gao & Zhiguo He & Bin Wei & Jianfeng Yu, 2016. "Optimal Long-Term Contracting with Learning," FRB Atlanta Working Paper 2016-10, Federal Reserve Bank of Atlanta.
- Jianfeng Yu & Bin Wei & Zhiguo He, 2012. "Optimal Long-term Contracting with Learning," 2012 Meeting Papers 221, Society for Economic Dynamics.
- Yang, Bo & Gan, Liu & Wen, Chunhui, 2021. "Moral hazard, debt overhang and capital structure," The North American Journal of Economics and Finance, Elsevier, vol. 58(C).
- Yu Huang & Nengjiu Ju & Hao Xing, 2023. "Performance Evaluation, Managerial Hedging, and Contract Termination," Management Science, INFORMS, vol. 69(8), pages 4953-4971, August.
- Hackbarth, Dirk & Rivera, Alejandro & Wong, Tak-Yuen, 2018. "Optimal Short-Termism," CEPR Discussion Papers 12588, C.E.P.R. Discussion Papers.
- Taylor, Benjamin & Xiao, Ning & Sikorski, Janusz & Yong, Minloon & Harris, Tom & Helme, Tim & Smallbone, Andrew & Bhave, Amit & Kraft, Markus, 2013. "Techno-economic assessment of carbon-negative algal biodiesel for transport solutions," Applied Energy, Elsevier, vol. 106(C), pages 262-274.
- Doruk Cetemen & Felix Zhiyu Feng & Can Urgun, 2019. "Contracting with Non-Exponential Discounting: Moral Hazard and Dynamic Inconsistency," Working Papers 2019-17, Princeton University. Economics Department..
- Becchetti, Leonardo & Solferino, Nazaria & Tessitore, Maria Elisabetta, 2013.
"Corporate social responsibility and profit volatility: theory and empirical evidence,"
AICCON Working Papers
129-2013, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
- Leonardo Becchetti & Nazaria Solferino & Maria Elisabetta Tessitore, 2016. "Corporate social responsibility and profit volatility: theory and empirical evidence," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 25(1), pages 49-89.
- Feng, Felix Zhiyu & Westerfield, Mark M., 2021. "Dynamic resource allocation with hidden volatility," Journal of Financial Economics, Elsevier, vol. 140(2), pages 560-581.
- Jiajia Chang & Zhijun Hu & Hui Yang, 2020. "Venture Capital Contracting with Ambiguity Sharing and Effort Complementarity Effect," Mathematics, MDPI, vol. 8(1), pages 1-16, January.
- Bensoussan, Alain & Chevalier-Roignant, Benoît & Rivera, Alejandro, 2021. "Does performance-sensitive debt mitigate debt overhang?," Journal of Economic Dynamics and Control, Elsevier, vol. 131(C).
- Peng, Juan & Huang, Wenli & Gao, Han & Wang, Hongli, 2022. "Modeling the unintended consequences of short selling for innovation investment," The North American Journal of Economics and Finance, Elsevier, vol. 62(C).
- Niu, Huawei & Hua, Wei, 2019. "An endogenous structural credit risk model incorporating with moral hazard and rollover risk," Economic Modelling, Elsevier, vol. 78(C), pages 47-59.
- Nengjiu Ju & Xuhu Wan, 2012. "Optimal Compensation and Pay-Performance Sensitivity in a Continuous-Time Principal-Agent Model," Management Science, INFORMS, vol. 58(3), pages 641-657, March.
- Wei Ye & Yong Zhang, 2019. "CEO traits, dynamic compensation and capital structure," PLOS ONE, Public Library of Science, vol. 14(2), pages 1-11, February.
- Yaoyao Wu & Jinqiang Yang & Zhentao Zou, 2018. "Ambiguity sharing and the lack of relative performance evaluation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(1), pages 141-157, July.
- Cetemen, Doruk & Feng, Felix Zhiyu & Urgun, Can, 2023.
"Renegotiation and dynamic inconsistency: Contracting with non-exponential discounting,"
Journal of Economic Theory, Elsevier, vol. 208(C).
- Doruk Cetemen & Felix Zhiyu Feng & Can Urgun, 2021. "Renegotiation and Dynamic Inconsistency: Contracting with Non-Exponential Discounting," Working Papers 2021-58, Princeton University. Economics Department..
- Huibing Cheng & Shanshui Zheng, 2022. "Incentive Compensation Mechanism for the Infrastructure Construction of Electric Vehicle Battery Swapping Station under Asymmetric Information," Sustainability, MDPI, vol. 14(12), pages 1-18, June.
- Gan, Liu & Xia, Xin, 2019. "Idiosyncratic risk, managerial discretion and capital structure," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 586-599.
- Shenzhe Jiang & Junjie Xia & Jiajun Xu & Jianye Yan, 2023. "A theory of National Development Bank: long-term investment and the agency problem," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(3), pages 995-1024, October.
- Anaya, Karim L. & Pollitt, Michael G., 2014. "Experience with smarter commercial arrangements for distributed wind generation," Energy Policy, Elsevier, vol. 71(C), pages 52-62.
- Hubert Bruslerie & Luminita Enache, 2023. "The dynamics of leverage of newly controlled target firms: evidence after an acquisition," Review of Quantitative Finance and Accounting, Springer, vol. 61(2), pages 411-445, August.
- Sharjil M. Haque, 2023. "Does Private Equity Over-Lever Portfolio Companies?," Finance and Economics Discussion Series 2023-009, Board of Governors of the Federal Reserve System (U.S.).
- Morellec, Erwan & Gryglewicz, Sebastian & Mayer, Simon, 2018. "Agency Conflicts over the Short and Long Run: Short-termism, Long-termism, and Pay-for-Luck," CEPR Discussion Papers 12720, C.E.P.R. Discussion Papers.
- Karpavičius, Sigitas, 2014. "The cost of capital and optimal financing policy in a dynamic setting," Journal of Banking & Finance, Elsevier, vol. 48(C), pages 42-56.
- Emma Hubert, 2023. "Continuous-time incentives in hierarchies," Finance and Stochastics, Springer, vol. 27(3), pages 605-661, July.
- Alain Bensoussan & Benoit Chevalier-Roignant & Alejandro Rivera, 2021. "Does Performance-Sensitive Debt mitigate Debt Overhang?," Post-Print hal-03364891, HAL.
- Mu, Congming & Wang, Anxing & Yang, Jinqiang, 2017. "Optimal capital structure with moral hazard," International Review of Economics & Finance, Elsevier, vol. 48(C), pages 326-338.
- li, Hong & Mu, Congming & Yang, Jinqiang, 2016. "Optimal contract theory with time-inconsistent preferences," Economic Modelling, Elsevier, vol. 52(PB), pages 519-530.
- Mayer, Simon, 2022. "Financing breakthroughs under failure risk," Journal of Financial Economics, Elsevier, vol. 144(3), pages 807-848.
- Dirk Hackbarth & Alejandro Rivera & Tak-Yuen Wong, 2022. "Optimal Short-Termism," Management Science, INFORMS, vol. 68(9), pages 6477-6505, September.
- Hiroshi Osano & Keiichi Hori, 2013.
"Managerial Incentives and the Role of Advisors in the Continuous-Time Agency Model,"
KIER Working Papers
863, Kyoto University, Institute of Economic Research.
- Zhiguo He & In Gu Khang & Arvind Krishnamurthy, 2010.
"Balance Sheet Adjustments during the 2008 Crisis,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 58(1), pages 118-156, August.
Cited by:
- Nicola Gennaioli, 2012.
"A Model of Shadow Banking,"
2012 Meeting Papers
89, Society for Economic Dynamics.
- Nicola Gennaioli & Andrei Shleifer & Robert W. Vishny, 2013. "A Model of Shadow Banking," Journal of Finance, American Finance Association, vol. 68(4), pages 1331-1363, August.
- Nicola Gennaioli & Andrei Shleifer & Robert Vishny, 2011. "A model of shadow banking," Economics Working Papers 1283, Department of Economics and Business, Universitat Pompeu Fabra, revised May 2012.
- Nicola Gennaioli & Andrei Shleifer & Robert W. Vishny, "undated". "A Model of Shadow Banking," Working Paper 19521, Harvard University OpenScholar.
- Nicola Gennaioli & Andrei Shleifer & Robert W. Vishny, 2011. "A Model of Shadow Banking," NBER Working Papers 17115, National Bureau of Economic Research, Inc.
- Nicola Gennaioli & Andrei Shleifer & Robert Vishny, 2012. "A Model of Shadow Banking," Working Papers 576, Barcelona School of Economics.
- Gennaioli, Nicola & Shleifer, Andrei & Vishny, Robert W., 2013. "A Model of Shadow Banking," Scholarly Articles 11688792, Harvard University Department of Economics.
- Arvind Krishnamurthy & Stefan Nagel & Dmitry Orlov, 2012.
"Sizing Up Repo,"
NBER Working Papers
17768, National Bureau of Economic Research, Inc.
- Krishnamurthy, Arvind & Nagel, Stefan & Orlov, Dmitry, 2012. "Sizing Up Repo," CEPR Discussion Papers 8795, C.E.P.R. Discussion Papers.
- Arvind Krishnamurthy & Stefan Nagel & Dmitry Orlov, 2014. "Sizing Up Repo," Journal of Finance, American Finance Association, vol. 69(6), pages 2381-2417, December.
- Shengxing Zhang, 2014. "Collateral Risk, Repo Rollover and Shadow Banking," 2014 Meeting Papers 562, Society for Economic Dynamics.
- Sebnem Kalemli-Ozcan & Bent Sorensen & Sevcan Yesiltas, 2011.
"Leverage Across Firms, Banks, and Countries,"
NBER Working Papers
17354, National Bureau of Economic Research, Inc.
- Sebnem Kalemli-Ozcan & Bent Sorensen & Sevcan Yesiltas, 2011. "Leverage across Firms, Banks, and Countries," NBER Chapters, in: Global Financial Crisis, National Bureau of Economic Research, Inc.
- Kalemli-Ozcan, Sebnem & Sorensen, Bent & Yesiltas, Sevcan, 2012. "Leverage across firms, banks, and countries," Journal of International Economics, Elsevier, vol. 88(2), pages 284-298.
- Sørensen, Bent E & Kalemli-Özcan, Sebnem & Yesiltas, Sevcan, 2011. "Leverage Across Firms, Banks and Countries," CEPR Discussion Papers 8549, C.E.P.R. Discussion Papers.
- E. Chrétien & V. Lyonnet, 2017. "Traditional and Shadow Banks during the Crisis," Débats économiques et financiers 27, Banque de France.
- Zhiguo He & Arvind Krishnamurthy, 2008.
"Intermediary Asset Pricing,"
NBER Working Papers
14517, National Bureau of Economic Research, Inc.
- Zhiguo He & Arvind Krishnamurthy, 2013. "Intermediary Asset Pricing," American Economic Review, American Economic Association, vol. 103(2), pages 732-770, April.
- Arvind Krishnamurhty & Zhiguo He, 2010. "Intermediary Asset Pricing," 2010 Meeting Papers 1327, Society for Economic Dynamics.
- Cenk Gokce Adas & Yesim Kartalli, 2016. "Financial Policies of Turkish Industrial Companies during the Global Crisis," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 4(1), pages 41-55.
- Puriya Abbassi & Rajkamal Iyer & José-Luis Peydró & Francesc R. Tous, 2015.
"Securities trading by banks and credit supply: Micro-evidence from the crisis,"
Economics Working Papers
1654, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2016.
- Abbassi, Puriya & Iyer, Rajkamal & Peydró, José-Luis & R.-Tous, Francesc, 2016. "Securities trading by banks and credit supply: Micro-evidence from the crisis," EconStor Preprints 216791, ZBW - Leibniz Information Centre for Economics.
- Abbassi, Puriya & Iyer, Rajkamal & Peydró, José-Luis & Tous, Francesc R., 2016. "Securities trading by banks and credit supply: Micro-evidence from the crisis," Journal of Financial Economics, Elsevier, vol. 121(3), pages 569-594.
- Abbassi, Puriya & Iyer, Rajkamal & Peydró, José-Luis & Tous, Francesc R., 2016. "Securities trading by banks and credit supply: Micro-evidence from the crisis," ESRB Working Paper Series 5, European Systemic Risk Board.
- Yavuz Arslan & Bulent Guler & Burhan Kuruscu, 2020.
"Credit Supply Driven Boom-Bust Cycles,"
Working Papers
tecipa-664, University of Toronto, Department of Economics.
- Yavuz Arslan & Bulent Guler & Burhan Kuruscu, 2020. "Credit supply driven boom-bust cycles," BIS Working Papers 885, Bank for International Settlements.
- Yavuz Arslan & Bulent Guler & Burhan Kuruscu, 2021. "Credit Supply Driven Boom-Bust Cycles," CAEPR Working Papers 2021-005 Classification- , Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
- Gorton, Gary & Metrick, Andrew & Xie, Lei, 2021.
"The flight from maturity,"
Journal of Financial Intermediation, Elsevier, vol. 47(C).
- Gary B. Gorton & Andrew Metrick & Lei Xie, 2014. "The Flight from Maturity," NBER Working Papers 20027, National Bureau of Economic Research, Inc.
- Viral V. Acharya & Gara M. Afonso & Anna Kovner, 2013.
"How do global banks scramble for liquidity? Evidence from the asset-backed commercial paper freeze of 2007,"
Staff Reports
623, Federal Reserve Bank of New York.
- Acharya, Viral & Kovner, Anna & Afonso, Gara, 2013. "How do Global Banks Scramble for Liquidity? Evidence from the Asset-Backed Commercial Paper Freeze of 2007," CEPR Discussion Papers 9457, C.E.P.R. Discussion Papers.
- Acharya, Viral V. & Afonso, Gara & Kovner, Anna, 2017. "How do global banks scramble for liquidity? Evidence from the asset-backed commercial paper freeze of 2007," Journal of Financial Intermediation, Elsevier, vol. 30(C), pages 1-34.
- Eric JONDEAU & Amir KHALILZADEH, 2015.
"Collateralization, Leverage, and Stressed Expected Loss,"
Swiss Finance Institute Research Paper Series
15-24, Swiss Finance Institute, revised Aug 2015.
- Jondeau, Eric & Khalilzadeh, Amir, 2017. "Collateralization, leverage, and stressed expected loss," Journal of Financial Stability, Elsevier, vol. 33(C), pages 226-243.
- Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2017.
"A Macroeconomic Model with Financial Panics,"
NBER Working Papers
24126, National Bureau of Economic Research, Inc.
- Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2017. "A Macroeconomic Model with Financial Panics," International Finance Discussion Papers 1219, Board of Governors of the Federal Reserve System (U.S.).
- Mark Gertler & Andrea Prestipino & Nobuhiro Kiyotaki, 2018. "A Macroeconomic Model with Financial Panics," 2018 Meeting Papers 113, Society for Economic Dynamics.
- Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2020. "A Macroeconomic Model with Financial Panics," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(1), pages 240-288.
- Alberto Manconi & Massimo Massa & Ayako Yasuda, 2010.
"The Role of Institutional Investors in Propagating the Crisis of 2007–2008,"
NBER Chapters, in: Market Institutions and Financial Market Risk,
National Bureau of Economic Research, Inc.
- Manconi, Alberto & Massa, Massimo & Yasuda, Ayako, 2012. "The role of institutional investors in propagating the crisis of 2007–2008," Journal of Financial Economics, Elsevier, vol. 104(3), pages 491-518.
- Apostolos Serletis & Maksim Isakin, "undated".
"Banking Technology in a Markov Switching Economy,"
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2018-18, Department of Economics, University of Calgary, revised 15 Nov 2018.
- Isakin, Maksim & Serletis, Apostolos, 2019. "Banking technology in a Markov switching economy," Journal of Macroeconomics, Elsevier, vol. 59(C), pages 154-168.
- Arvind Krishnamurthy & Stefan Nagel, 2013. "Interpreting Repo Statistics in the Flow of Funds Accounts," NBER Working Papers 19389, National Bureau of Economic Research, Inc.
- Francesco Ferrante, 2018.
"A Model of Endogenous Loan Quality and the Collapse of the Shadow Banking System,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 10(4), pages 152-201, October.
- Francesco Ferrante, 2015. "A Model of Endogenous Loan Quality and the Collapse of the Shadow Banking System," Finance and Economics Discussion Series 2015-21, Board of Governors of the Federal Reserve System (U.S.).
- Vaclav Broz & Evzen Kocenda, 2019.
"Mortgage-Related Bank Penalties and Systemic Risk Among U.S. Banks,"
Working Papers IES
2019/25, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Sep 2019.
- Brož, Václav & Kočenda, Evžen, 2022. "Mortgage-related bank penalties and systemic risk among U.S. banks," Journal of International Money and Finance, Elsevier, vol. 122(C).
- Václav Brož & Evžen Kocenda, 2021. "Mortgage-Related Bank Penalties and Systemic Risk among U.S. Banks," CESifo Working Paper Series 9463, CESifo.
- Vaclav Broz & Evzen Kocenda, 2020. "Mortgage-related bank penalties and systemic risk among U.S. banks," KIER Working Papers 1024, Kyoto University, Institute of Economic Research.
- Markus K. Brunnermeier & Thomas M. Eisenbach & Yuliy Sannikov, 2012.
"Macroeconomics with Financial Frictions: A Survey,"
NBER Working Papers
18102, National Bureau of Economic Research, Inc.
- Markus K. Brunnermeier & Thomas M. Eisenbach & Yuliy Sannikov, 2012. "Macroeconomics with Financial Frictions: A Survey," Levine's Working Paper Archive 786969000000000384, David K. Levine.
- Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2020.
"Credit Booms, Financial Crises, and Macroprudential Policy,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 8-33, August.
- Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2020. "Credit Booms, Financial Crises and Macroprudential Policy," NBER Working Papers 27481, National Bureau of Economic Research, Inc.
- Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2020. "Code and data files for "Credit Booms, Financial Crises, and Macroprudential Policy"," Computer Codes 20-160, Review of Economic Dynamics.
- Mark Gertler & Nobuhiro Kiyotaki & Andrea Prestipino, 2020. "Online Appendix to "Credit Booms, Financial Crises, and Macroprudential Policy"," Online Appendices 20-160, Review of Economic Dynamics.
- Frederic Malherbe, 2015.
"Optimal Capital Requirements over the Business and Financial Cycles,"
2015 Meeting Papers
1154, Society for Economic Dynamics.
- 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, Frédéric, 2015. "Optimal capital requirements over the business and financial cycles," CEPR Discussion Papers 10387, C.E.P.R. Discussion Papers.
- Malherbe, Frederic, 2015. "Optimal capital requirements over the business and financial cycles," Working Paper Series 1830, European Central Bank.
- Górnicka, Lucyna A., 2016. "Banks and shadow banks: Competitors or complements?," Journal of Financial Intermediation, Elsevier, vol. 27(C), pages 118-131.
- Riccetti, Luca & Russo, Alberto & Gallegati, Mauro, 2013. "Unemployment benefits and financial factors in an agent-based macroeconomic model," Economics Discussion Papers 2013-9, Kiel Institute for the World Economy (IfW Kiel).
- Pierre-Olivier Gourinchas & Hélène Rey & Kai Truempler, 2011.
"The Financial Crisis and the Geography of Wealth Transfers,"
NBER Chapters, in: Global Financial Crisis,
National Bureau of Economic Research, Inc.
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- Pierre-Olivier Gourinchas & Hélène Rey & Kai Truempler, 2011. "The Financial Crisis and The Geography of Wealth Transfers," NBER Working Papers 17353, National Bureau of Economic Research, Inc.
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- Sebastian Infante, 2013. "Repo collateral fire sales: the effects of exemption from automatic stay," Finance and Economics Discussion Series 2013-83, Board of Governors of the Federal Reserve System (U.S.).
- Jondeau, Eric & Sahuc, Jean-Guillaume, 2022.
"Bank capital shortfall in the euro area,"
Journal of Financial Stability, Elsevier, vol. 62(C).
- Eric Jondeau & Jean-Guillaume Sahuc, 2022. "Bank capital shortfall in the euro area," Post-Print hal-03771767, HAL.
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"Are banks passive liquidity backstops? deposit rates and flows during the 2007-2009 crisis,"
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- Viral V. Acharya & Nada Mora, 2012. "Are Banks Passive Liquidity Backstops? Deposit Rates and Flows during the 2007-2009 Crisis," NBER Working Papers 17838, National Bureau of Economic Research, Inc.
- Acharya, Viral & Mora, Nada, 2011. "Are Banks Passive Liquidity Backstops? Deposit Rates and Flows during the 2007-2009 Crisis," CEPR Discussion Papers 8706, C.E.P.R. Discussion Papers.
- Andrei Shleifer & Robert W. Vishny, 2010.
"Fire Sales in Finance and Macroeconomics,"
NBER Working Papers
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- Shleifer, Andrei & Vishny, Robert, 2011. "Fire Sales in Finance and Macroeconomics," Scholarly Articles 33077925, Harvard University Department of Economics.
- Andrei Shleifer & Robert Vishny, 2011. "Fire Sales in Finance and Macroeconomics," Journal of Economic Perspectives, American Economic Association, vol. 25(1), pages 29-48, Winter.
- Alexi Savov & Alan Moreira, 2014.
"The Macroeconomics of Shadow Banking,"
2014 Meeting Papers
254, Society for Economic Dynamics.
- Alan Moreira & Alexi Savov, 2014. "The Macroeconomics of Shadow Banking," NBER Working Papers 20335, National Bureau of Economic Research, Inc.
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"Bubbles, Financial Crises, and Systemic Risk,"
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"Risk Pooling, Leverage, and the Business Cycle,"
CESifo Working Paper Series
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"China's household balance sheet: Accounting issues, wealth accumulation, and risk diagnosis,"
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"Leveraged Network-Based Financial Accelerator,"
Working Papers
371, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
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"Intermediary asset pricing: New evidence from many asset classes,"
Journal of Financial Economics, Elsevier, vol. 126(1), pages 1-35.
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"Unintended Consequences of LOLR Facilities: The Case of Illiquid Leverage,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 62(4), pages 606-655, November.
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- Jean Tirole, 2012. "Overcoming Adverse Selection: How Public Intervention Can Restore Market Functioning," American Economic Review, American Economic Association, vol. 102(1), pages 29-59, February.
- Ing-Haw Cheng & Andrei Kirilenko & Wei Xiong, 2015.
"Convective Risk Flows in Commodity Futures Markets,"
Review of Finance, European Finance Association, vol. 19(5), pages 1733-1781.
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- Juliane Begenau & Monika Piazzesi & Martin Schneider, 2015. "Banks' Risk Exposures," NBER Working Papers 21334, National Bureau of Economic Research, Inc.
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"Mesuring Liquidity Mismatch in the Banking Sector,"
Research Papers
3278, Stanford University, Graduate School of Business.
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- Jennie Bai & Arvind Krishnamurthy & Charles†Henri Weymuller, 2018. "Measuring Liquidity Mismatch in the Banking Sector," Journal of Finance, American Finance Association, vol. 73(1), pages 51-93, February.
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"Rollover risk as market discipline: A two-sided inefficiency,"
Journal of Financial Economics, Elsevier, vol. 126(2), pages 252-269.
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- Rodney Ramcharan & Stéphane Verani & Skander J. Van Den Heuvel, 2016.
"From Wall Street to Main Street: The Impact of the Financial Crisis on Consumer Credit Supply,"
Journal of Finance, American Finance Association, vol. 71(3), pages 1323-1356, June.
- Skander J. van den Heuvel & Rodney Ramcharan & Stéphane Verani, 2013. "From Wall Street to main street: the impact of the financial crisis on consumer credit supply," Finance and Economics Discussion Series 2013-10, Board of Governors of the Federal Reserve System (U.S.).
- Gary Gorton & Andrew Metrick, 2009.
"Securitized Banking and the Run on Repo,"
Yale School of Management Working Papers
amz2358, Yale School of Management, revised 01 Sep 2009.
- Gary Gorton & Andrew Metrick, 2010. "Securitized Banking and the Run on Repo," NBER Chapters, in: Market Institutions and Financial Market Risk, National Bureau of Economic Research, Inc.
- Gary B. Gorton & Andrew Metrick, 2009. "Securitized Banking and the Run on Repo," NBER Working Papers 15223, National Bureau of Economic Research, Inc.
- Gorton, Gary & Metrick, Andrew, 2012. "Securitized banking and the run on repo," Journal of Financial Economics, Elsevier, vol. 104(3), pages 425-451.
- Viral V. Acharya & Nirupama Kulkarni, 2019. "Government Guarantees and Bank Vulnerability during a Crisis: Evidence from an Emerging Market," NBER Working Papers 26564, National Bureau of Economic Research, Inc.
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- Riccetti, Luca & Russo, Alberto & Gallegati, Mauro, 2012.
"An Agent Based Decentralized Matching Macroeconomic Model,"
MPRA Paper
42211, University Library of Munich, Germany.
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- Kai Li & Chenjie Xu, 2023. "Asset pricing with a financial sector," Financial Management, Financial Management Association International, vol. 52(1), pages 67-95, March.
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"Information Management in Banking Crises,"
The Review of Financial Studies, Society for Financial Studies, vol. 28(8), pages 2322-2363.
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- Kargar, Mahyar, 2021. "Heterogeneous intermediary asset pricing," Journal of Financial Economics, Elsevier, vol. 141(2), pages 505-532.
- Mr. Ehsan Ebrahimy, 2019. "Fire Sales in Frozen Markets," IMF Working Papers 2019/092, International Monetary Fund.
- Mu-Jeung Yang & Johannes Wieland, 2015.
"Financial Dampening,"
2015 Meeting Papers
1022, Society for Economic Dynamics.
- Johannes F. Wieland & Mu‐Jeung Yang, 2020. "Financial Dampening," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(1), pages 79-113, February.
- Johannes F. Wieland & Mu-Jeung Yang, 2016. "Financial Dampening," NBER Working Papers 22141, National Bureau of Economic Research, Inc.
- Nicole Boyson & Jean Helwege & Jan Jindra, 2014. "Crises, Liquidity Shocks, and Fire Sales at Commercial Banks," Financial Management, Financial Management Association International, vol. 43(4), pages 857-884, December.
- Hanson, Samuel G. & Sunderam, Adi, 2013. "Are there too many safe securities? Securitization and the incentives for information production," Journal of Financial Economics, Elsevier, vol. 108(3), pages 565-584.
- Pacces Alessio M, 2017. "The Role of the Future in Law and Finance," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 23(2), pages 1-14, December.
- Abbassi, Puriya & Iyer, Rajkamal & Peydró, José-Luis & Tous, Francesc R., 2015.
"Securities trading by banks and credit supply: Micro-evidence,"
Discussion Papers
08/2015, Deutsche Bundesbank.
- Puriya Abbassi & Rajkamal Iyer & José-Luis Peydró & Francesc R Tous, 2015. "Securities Trading by Banks and Credit Supply: Micro-Evidence," Working Papers 848, Barcelona School of Economics.
- Iyer, Rajkamal & Peydró, José-Luis & Abbassi, Puriya & Tous, Francesc, 2015. "Securities Trading by Banks and Credit Supply: Micro-Evidence," CEPR Discussion Papers 10480, C.E.P.R. Discussion Papers.
- Benjamin Nelson & Gabor Pinter & Konstantinos Theodoridis, 2018.
"Do contractionary monetary policy shocks expand shadow banking?,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 33(2), pages 198-211, March.
- Nelson, Benjamin & Pinter, Gabor & Theodoridis, Konstantinos, 2015. "Do contractionary monetary policy shocks expand shadow banking?," Bank of England working papers 521, Bank of England.
- Gary B. Gorton & Guillermo L. Ordoñez, 2014.
"How Central Banks End Crises,"
PIER Working Paper Archive
14-025, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Guillermo Ordonez & Gary Gorton, 2016. "How Central Banks End Crises," 2016 Meeting Papers 356, Society for Economic Dynamics.
- Dongik Kang, 2023. "System‐Wide Runs and Financial Collapse," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(2-3), pages 531-558, March.
- Zhou, Zhongzheng, 2019. "Liquidity Backup from Commercial Banks to Shadow Banks," MPRA Paper 94713, University Library of Munich, Germany.
- Aram TERZYAN, 2020. "Structure - Agency Problem in Foreign Policy Analysis of Post-Soviet States: The Cases of Armenia and Ukraine," Eastern European Journal for Regional Studies (EEJRS), Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM), vol. 6(1), pages 44-68, June.
- Metrick, Andrew, 2022. "Broad-Based Emergency Liquidity Programs," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 4(2), pages 86-178, April.
- Huang, Ji, 2018. "Banking and shadow banking," Journal of Economic Theory, Elsevier, vol. 178(C), pages 124-152.
- Nicola Gennaioli, 2012.
"A Model of Shadow Banking,"
2012 Meeting Papers
89, Society for Economic Dynamics.
- Zhiguo He, 2009.
"Optimal Executive Compensation when Firm Size Follows Geometric Brownian Motion,"
The Review of Financial Studies, Society for Financial Studies, vol. 22(2), pages 859-892, February.
Cited by:
- Hiroshi Osano & Keiichi Hori, 2013.
"Managerial Incentives and the Role of Advisors in the Continuous-Time Agency Model,"
KIER Working Papers
863, Kyoto University, Institute of Economic Research.
- Keiichi Hori & Hiroshi Osano, 2013. "Managerial Incentives and the Role of Advisors in the Continuous-Time Agency Model," The Review of Financial Studies, Society for Financial Studies, vol. 26(10), pages 2620-2647.
- Wojakowski, Rafal M. & Ebrahim, M. Shahid & Shackleton, Mark B., 2016. "Reducing the impact of real estate foreclosures with Amortizing Participation Mortgages," Journal of Banking & Finance, Elsevier, vol. 71(C), pages 62-74.
- Hiroshi Osano & Keiichi Hori, 2015. "A Dynamic Agency Theory of Investment and Managerial Replacement," KIER Working Papers 921, Kyoto University, Institute of Economic Research.
- Chong Lai & Rui Li & Yonghong Wu, 2020. "Optimal compensation and investment affected by firm size and time-varying external factors," Annals of Finance, Springer, vol. 16(3), pages 407-422, September.
- Gryglewicz, Sebastian & Mayer, Simon & Morellec, Erwan, 2020. "Agency conflicts and short- versus long-termism in corporate policies," Journal of Financial Economics, Elsevier, vol. 136(3), pages 718-742.
- Yaping Shan, 2017.
"Incentives for Research Agents and Performance-vested Equity-based Compensation,"
School of Economics and Public Policy Working Papers
2017-15, University of Adelaide, School of Economics and Public Policy.
- Shan, Yaping, 2019. "Incentives for research agents and performance-vested equity-based compensation," Journal of Economic Dynamics and Control, Elsevier, vol. 102(C), pages 44-69.
- Jianjun Miao & Alejandro Rivera, 2016.
"Robust Contracts in Continuous Time,"
Econometrica, Econometric Society, vol. 84(4), pages 1405-1440, July.
- Jianjun Miao & Alejandro Rivera, 2013. "Robust Contracts in Continuous Time," Boston University - Department of Economics - Working Papers Series 2013-009, Boston University - Department of Economics.
- Jianjun Miao & Alejandro Rivera, 2016. "Robust Contracts in Continuous Time," Econometrica, Econometric Society, vol. 84, pages 1405-1440, July.
- Grochulski, Borys & Zhang, Yuzhe, 2009. "Borrowing Constraint as an Optimal Contract," MPRA Paper 23216, University Library of Munich, Germany.
- Piskorski, Tomasz & Westerfield, Mark M., 2016. "Optimal dynamic contracts with moral hazard and costly monitoring," Journal of Economic Theory, Elsevier, vol. 166(C), pages 242-281.
- Giat, Yahel & Subramanian, Ajay, 2013. "Dynamic contracting under imperfect public information and asymmetric beliefs," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2833-2861.
- Strebulaev, Ilya A. & Whited, Toni M., 2012. "Dynamic Models and Structural Estimation in Corporate Finance," Foundations and Trends(R) in Finance, now publishers, vol. 6(1–2), pages 1-163, November.
- Grochulski, Borys & Zhang, Yuzhe, 2023. "Termination as an incentive device," Theoretical Economics, Econometric Society, vol. 18(1), January.
- Cui, Zhenyu & Lars Kirkby, J. & Nguyen, Duy, 2019. "A general framework for time-changed Markov processes and applications," European Journal of Operational Research, Elsevier, vol. 273(2), pages 785-800.
- Qi Zeng & Hae Won (Henny) Jung, 2014. "Optimal Contract, Ownership Structure and Asset Pricing," 2014 Meeting Papers 911, Society for Economic Dynamics.
- Szydlowski, Martin & Yoon, Ji Hee, 2022. "Ambiguity in dynamic contracts," Journal of Economic Theory, Elsevier, vol. 199(C).
- Diasakos, Theodoros M, 2013. "Comparative Statics of Asset Prices: the effect of other assets' risk," SIRE Discussion Papers 2013-94, Scottish Institute for Research in Economics (SIRE).
- Chang-Koo Chi & Kyoung Jin Choi, 2017.
"The impact of firm size on dynamic incentives and investment,"
RAND Journal of Economics, RAND Corporation, vol. 48(1), pages 147-177, March.
- Chi, Chang Koo & Choi, Kyoung Jin, 2016. "The Impact of Firm Size on Dynamic Incentives and Investment," MPRA Paper 80867, University Library of Munich, Germany.
- Martin Szydlowski, 2012. "Ambiguity in Dynamic Contracts," Discussion Papers 1543, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Martin Szydlowski, 2014.
"Incentives, Project Choice, and Dynamic Multitasking,"
2014 Meeting Papers
1240, Society for Economic Dynamics.
- Martin Szydlowski, 2012. "Incentives, Project Choice and Dynamic Multitasking," Discussion Papers 1525, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Szydlowski, Martin, 2019. "Incentives, project choice, and dynamic multitasking," Theoretical Economics, Econometric Society, vol. 14(3), July.
- Gabaix, Xavier & Sannikov, Yuliy & Edmans, Alex & Sadzik, Tomasz, 2009.
"Dynamic Incentive Accounts,"
CEPR Discussion Papers
7497, C.E.P.R. Discussion Papers.
- Yuliy Sannikov & Xavier Gabaix & Tomasz Sadzik & Alex Edmans, 2010. "Dynamic Incentive Accounts," 2010 Meeting Papers 1207, Society for Economic Dynamics.
- Edmans, Alex & Gabaix, Xavier & Sadzik, Tomasz & Sannikov, Yuliy, 2010. "Dynamic Incentive Accounts," Working Papers 10-19, University of Pennsylvania, Wharton School, Weiss Center.
- Alex Edmans & Xavier Gabaix & Tomasz Sadzik & Yuliy Sannikov, 2009. "Dynamic Incentive Accounts," NBER Working Papers 15324, National Bureau of Economic Research, Inc.
- Zhiguo He & Bin Wei & Jianfeng Yu & Feng Gao, 2017.
"Optimal Long-Term Contracting with Learning,"
The Review of Financial Studies, Society for Financial Studies, vol. 30(6), pages 2006-2065.
- Feng Gao & Zhiguo He & Bin Wei & Jianfeng Yu, 2016. "Optimal Long-Term Contracting with Learning," FRB Atlanta Working Paper 2016-10, Federal Reserve Bank of Atlanta.
- Jianfeng Yu & Bin Wei & Zhiguo He, 2012. "Optimal Long-term Contracting with Learning," 2012 Meeting Papers 221, Society for Economic Dynamics.
- Suvi Vasama, 2016. "Dynamic Contracting with Long-Term Consequences: Optimal CEO Compensation and Turnover," SFB 649 Discussion Papers SFB649DP2016-044, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
- Kelly Shue & Richard Townsend, 2016. "Growth through Rigidity: An Explanation for the Rise in CEO Pay," NBER Working Papers 21975, National Bureau of Economic Research, Inc.
- Becchetti, Leonardo & Solferino, Nazaria & Tessitore, Maria Elisabetta, 2013.
"Corporate social responsibility and profit volatility: theory and empirical evidence,"
AICCON Working Papers
129-2013, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
- Leonardo Becchetti & Nazaria Solferino & Maria Elisabetta Tessitore, 2016. "Corporate social responsibility and profit volatility: theory and empirical evidence," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 25(1), pages 49-89.
- Rui Li & Mengying Wang, 2020. "Moral Hazard, Agency Cost, and Firm Growth," International Review of Finance, International Review of Finance Ltd., vol. 20(3), pages 639-664, September.
- Daniel F. Garrett & Alessandro Pavan, 2012.
"Managerial Turnover in a Changing World,"
Journal of Political Economy, University of Chicago Press, vol. 120(5), pages 879-925.
- Daniel Garrett & Alessandro Pavan, 2010. "Managerial Turnover in a Changing World," Discussion Papers 1490, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Golosov, M. & Tsyvinski, A. & Werquin, N., 2016.
"Recursive Contracts and Endogenously Incomplete Markets,"
Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 725-841,
Elsevier.
- Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016. "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers 22012, National Bureau of Economic Research, Inc.
- Jean-Paul Décamps & Stéphane Villeneuve, 2019.
"A two-dimensional control problem arising from dynamic contracting theory,"
Post-Print
halshs-02282092, HAL.
- Décamps, Jean-Paul & Villeneuve, Stéphane, 2018. "A two-dimensional control problem arising from dynamic contracting theory," TSE Working Papers 18-884, Toulouse School of Economics (TSE).
- Jean-Paul Décamps & Stéphane Villeneuve, 2019. "A two-dimensional control problem arising from dynamic contracting theory," Finance and Stochastics, Springer, vol. 23(1), pages 1-28, January.
- Décamps, Jean-Paul & Villeneuve, Stéphane, 2018. "A two-dimensional control problem arising from dynamic contracting theory," IDEI Working Papers 880, Institut d'Économie Industrielle (IDEI), Toulouse.
- Dylan Possamai & Nizar Touzi, 2020. "Is there a Golden Parachute in Sannikov's principal-agent problem?," Papers 2007.05529, arXiv.org, revised Oct 2022.
- Grochulskiy, Borys & Zhang, Yuzhe, 2011.
"Optimal risk sharing and borrowing constraints in a continuous-time model with limited commitment,"
MPRA Paper
36539, University Library of Munich, Germany.
- Grochulski, Borys & Zhang, Yuzhe, 2011. "Optimal risk sharing and borrowing constraints in a continuous-time model with limited commitment," Journal of Economic Theory, Elsevier, vol. 146(6), pages 2356-2388.
- Wang, Ying & Huang, Wenli & Liu, Bo & Zhang, Xiaohong, 2020. "Optimal effort in the principal-agent problem with time-inconsistent preferences," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
- Sylvain Chassang, 2011.
"Calibrated Incentive Contracts,"
Working Papers
1316, Princeton University, Department of Economics, Econometric Research Program..
- Sylvain Chassang, 2013. "Calibrated Incentive Contracts," Econometrica, Econometric Society, vol. 81(5), pages 1935-1971, September.
- Igor Makarov & Guillaume Plantin, 2015. "Rewarding Trading Skills Without Inducing Gambling," Sciences Po publications info:hdl:2441/2lk3hracjf8, Sciences Po.
- Nengjiu Ju & Xuhu Wan, 2012. "Optimal Compensation and Pay-Performance Sensitivity in a Continuous-Time Principal-Agent Model," Management Science, INFORMS, vol. 58(3), pages 641-657, March.
- Rui Li & Dana Kiku & Hengjie Ai, 2014. "A Mechanism Design Model of Firm Dynamics: The Case of Limited Commitment," 2014 Meeting Papers 855, Society for Economic Dynamics.
- Thibaut Mastrolia & Dylan Possamai, 2015. "Moral hazard under ambiguity," Papers 1511.03616, arXiv.org, revised Oct 2016.
- Vasama, Suvi, 2017. "Contracting with long-term consequences," Bank of Finland Research Discussion Papers 14/2017, Bank of Finland.
- Tak-Yuen Wong, 2019. "Dynamic Agency and Endogenous Risk-Taking," Management Science, INFORMS, vol. 65(9), pages 4032-4048, September.
- Diasakos, Theodoros M, 2013.
"A Simple Characterization of Dynamic Completeness in Continuous Time,"
SIRE Discussion Papers
2013-91, Scottish Institute for Research in Economics (SIRE).
- Theodoros M. Diasakos, 2011. "A Simple Characterization of Dynamic Completeness in Continuous Time," Carlo Alberto Notebooks 211, Collegio Carlo Alberto.
- Gian Luca Clementi & Thomas Cooley, 2023.
"CEO Compensation: Facts,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 50, pages 6-27, October.
- Gian Luca Clementi & Thomas Cooley, 2023. "Code and data files for "CEO Compensation: Facts"," Computer Codes 23-159, Review of Economic Dynamics.
- Hori, Keiichi & Osano, Hiroshi, 2020. "Dynamic contract and discretionary termination policy under loss aversion," Journal of Economic Dynamics and Control, Elsevier, vol. 111(C).
- Morellec, Erwan & Gryglewicz, Sebastian & Mayer, Simon, 2018. "Agency Conflicts over the Short and Long Run: Short-termism, Long-termism, and Pay-for-Luck," CEPR Discussion Papers 12720, C.E.P.R. Discussion Papers.
- He, Zhiguo, 2011. "A model of dynamic compensation and capital structure," Journal of Financial Economics, Elsevier, vol. 100(2), pages 351-366, May.
- Rui Li & Kai Li & Hengjie Ai, 2017. "Moral Hazard and Investment-Cash-Flow Sensitivity," 2017 Meeting Papers 410, Society for Economic Dynamics.
- Mayer, Simon, 2022. "Financing breakthroughs under failure risk," Journal of Financial Economics, Elsevier, vol. 144(3), pages 807-848.
- Wuming Fu & Qian Qi, 2023. "Artificial Intelligence and Dual Contract," Papers 2303.12350, arXiv.org.
- Ai, Hengjie & Li, Rui, 2015. "Investment and CEO compensation under limited commitment," Journal of Financial Economics, Elsevier, vol. 116(3), pages 452-472.
- Hiroshi Osano & Keiichi Hori, 2013.
"Managerial Incentives and the Role of Advisors in the Continuous-Time Agency Model,"
KIER Working Papers
863, Kyoto University, Institute of Economic Research.
- Zhiguo He, 2009.
"The Sale of Multiple Assets with Private Information,"
The Review of Financial Studies, Society for Financial Studies, vol. 22(11), pages 4787-4820, November.
Cited by:
- Maryam Farboodi & Laura Veldkamp, 2017. "Long Run Growth of Financial Technology," NBER Working Papers 23457, National Bureau of Economic Research, Inc.
- Alex Edmans & William Mann, 2013.
"Financing Through Asset Sales,"
NBER Working Papers
18677, National Bureau of Economic Research, Inc.
- Alex Edmans & William Mann, 2019. "Financing Through Asset Sales," Management Science, INFORMS, vol. 65(7), pages 3043-3060, July.
- Edmans, Alex & Mann, William, 2013. "Financing Through Asset Sales," CEPR Discussion Papers 9720, C.E.P.R. Discussion Papers.
- Edmans, Alex & Mann, William, 2012. "Financing through Asset Sales," Working Papers 13-03, University of Pennsylvania, Wharton School, Weiss Center.
- Veldkamp, Laura & Farboodi, Maryam, 2018. "Long Run Growth of Financial Data Technology," CEPR Discussion Papers 13278, C.E.P.R. Discussion Papers.
- García, Diego, 2014. "Optimal contracts with privately informed agents and active principals," Journal of Corporate Finance, Elsevier, vol. 29(C), pages 695-709.
- Araujo, Aloisio & Moreira, Humberto & Tsuchida, Marcos, 2011. "Do dividend changes signal future earnings?," Journal of Financial Intermediation, Elsevier, vol. 20(1), pages 117-134, January.
- Stergios Leventis & Panagiotis E. Dimitropoulos & Asokan Anandarajan, 2012. "Signalling by banks using loan loss provisions: the case of the European Union," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 39(5), pages 604-618, September.
- Maryam Farboodi & Laura Veldkamp, 2018. "Long Run Growth of Financial Data Technology," Working Papers 18-09, New York University, Leonard N. Stern School of Business, Department of Economics.
Chapters
- Qin Chen & Zhiguo He & Chang-Tai Hsieh & Zheng (Michael) Song, 2021.
"Economic Effects of Lockdown in China,"
World Scientific Book Chapters, in: Sumit Agarwal & Zhiguo He & Bernard Yeung (ed.), Impact of COVID-19 on Asian Economies and Policy Responses, chapter 1, pages 3-10,
World Scientific Publishing Co. Pte. Ltd..
Cited by:
- Erickson, Christopher & Norlander, Peter, 2021.
"How the Past of Outsourcing and Offshoring is the Future of Post-Pandemic Remote Work: A Typology, a Model, and a Review,"
GLO Discussion Paper Series
913, Global Labor Organization (GLO).
- Christopher L. Erickson & Peter Norlander, 2022. "How the past of outsourcing and offshoring is the future of post‐pandemic remote work: A typology, a model and a review," Industrial Relations Journal, Wiley Blackwell, vol. 53(1), pages 71-89, January.
- Sagari R. Ramdas, 2021. "Towards Food Sovereignty: Dismantling the Capitalist Brahminic-Patriarchal Food Farming Regime," Development, Palgrave Macmillan;Society for International Deveopment, vol. 64(3), pages 276-281, December.
- Eryarsoy, Enes & Shahmanzari, Masoud & Tanrisever, Fehmi, 2023. "Models for government intervention during a pandemic," European Journal of Operational Research, Elsevier, vol. 304(1), pages 69-83.
- Erickson, Christopher & Norlander, Peter, 2021.
"How the Past of Outsourcing and Offshoring is the Future of Post-Pandemic Remote Work: A Typology, a Model, and a Review,"
GLO Discussion Paper Series
913, Global Labor Organization (GLO).
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