Distinguishing Panics and Information-based Bank Runs: Welfare and Policy Implications

The Market for "Lemons": Quality Uncertainty and the Market Mechanism

1970 • 21,732 citations

Optimal contracts and competitive markets with costly state verification

1979 • 3,041 citations

The Private and Social Value of Information and the Reward to Inventive Activity

1971 • 1,459 citations

A model of reserves, bank runs, and deposit insurance

1980 • 1,077 citations

Money in a theory of finance

1960 • 716 citations

Deposit Insurance and Bank Regulation: A Partial-Equilibrium Exposition

1978 • 437 citations

An Approach to the Regulation of Bank Holding Companies

1978 • 167 citations

On the Welfare Analysis of Rational Expectations Equilibria with Asymmetric Information

1985 • 134 citations

Private information, deposit interest rates, and the ‘stability’ of the banking system

1984 • 126 citations

Federal Bank Regulatory Policy: A Description and Some Observations

1986 • 102 citations

Futures markets and commodity options: Hedging and optimality in incomplete markets

1984 • 89 citations

Aspects of Monetary and Banking Theory and Moral Hazard

1982 • 82 citations

The Extent of Equity Investment by European Banks: Note

1985 • 28 citations