A framework for assessing credit risk in depository institutions: Toward regulatory reform

What's different about banks?

1985 • 2,350 citations

An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory

1977 • 1,904 citations

Some evidence on the uniqueness of bank loans

1987 • 1,688 citations

Policy Analysis with Econometric Models

1982 • 714 citations

Pricing Risk‐Adjusted Deposit Insurance: An Option‐Based Model

1986 • 711 citations

After Keynesian Macroeconomics

1979 • 492 citations

Federal Deposit Insurance, Regulatory Policy, and Optimal Bank Capital*

1981 • 457 citations

Financial Structure and Aggregate Economic Activity: An Overview

1988 • 404 citations

The Valuation of FDIC Deposit Insurance Using Option-Pricing Estimates

1984 • 372 citations

Is Fairly Priced Deposit Insurance Possible?

1992 • 265 citations

Market Discipline in Regulating Bank Risk: New Evidence from the Capital Markets

1988 • 253 citations

Banking Theory, Deposit Insurance, and Bank Regulation

1986 • 241 citations

A Reexamination of the Over- (or Under-) Pricing of Deposit Insurance

1987 • 227 citations

Why Do Banks Need a Central Bank?

1989 • 146 citations

Alternative forms of deposit insurance

1987 • 120 citations

Risk and solvency regulation of depository institutions: past policies and current options

1988 • 119 citations

WHY DO BANKS NEED A CENTRAL BANK? *

1987 • 112 citations

Appearance and reality in deposit insurance

1986 • 108 citations

Autoregressions, Expectations, and Advice

1984 • 97 citations

Economic perspectives

2014 • 94 citations

Capital regulation and deposit insurance

1986 • 90 citations

The Reform of Federal Deposit Insurance

1989 • 80 citations

Pricing deposit insurance when the insurer measures bank risk with error

1991 • 79 citations

Deposit insurance creates a need for bank regulation

1982 • 49 citations

Applying portfolio theory to global bank lending

1984 • 41 citations

Variable-rate deposit insurance

1986 • 35 citations

Can the market evaluate asset quality exposure in banks

1989 • 29 citations

The DRI model of the U.S. economy

1983 • 26 citations

Restructuring the Financial System

2009 • 22 citations

A Case for Reforming Federal Deposit Insurance

1991 • 20 citations

A Comparison of Risk-Based Capital and Risk-Based Deposit Insurance

1987 • 18 citations

Business Tax Policy, the Lucas Critique, and Lessons from the 1980's

1988 • 11 citations

Private prices, public insurance: The pricing of federal deposit insurance

1985 • 11 citations

Eroding market imperfections: implications for financial intermediaries, the payments system, and regulatory reform

1987 • 10 citations

Pricing deposit insurance when the insurer measures risk with error

1989 • 9 citations

The Costs of Competition: An Appraisal of the Hunt Commission Report: Comment

1972 • 5 citations

Aggregate Shocks, Loan Losses, and Portfolio Concentrations: Lessons for Assessing Depository Institution Risk

1992 • 1 citations