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Abstract

References (65)

Bank Runs, Deposit Insurance, and Liquidity

1983 • 8,993 citations

Financial Intermediation and Delegated Monitoring

1984 • 8,226 citations

The Benefits of Lending Relationships: Evidence from Small Business Data

1994 • 5,085 citations

Bank lending during the financial crisis of 2008

2009 • 2,399 citations

What's different about banks?

1985 • 2,350 citations

Debt Maturity Structure and Liquidity Risk

1991 • 1,735 citations

Zombie Lending and Depressed Restructuring in Japan

2008 • 1,371 citations

Measuring Systemic Risk

2016 • 1,348 citations

A Theory of Bank Capital

2000 • 1,319 citations

The Role of Demandable Debt in Structuring Optimal Banking Arrangements

1991 • 1,281 citations

Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States

2000 • 1,177 citations

Diversification in Banking: Is Noninterest Income the Answer?

2004 • 1,080 citations

Is there a diversification discount in financial conglomerates?

2006 • 1,054 citations

Bank activity and funding strategies: The impact on risk and returns☆

2010 • 1,010 citations

Liquidity risk management and credit supply in the financial crisis

2011 • 992 citations

Financial Intermediaries and Liquidity Creation

1990 • 941 citations

Securitization without risk transfer

2012 • 858 citations

Product Mix and Earnings Volatility at Commercial Banks: Evidence from a Degree of Total Leverage Model

2001 • 817 citations

The bankers' new clothes: what's wrong with banking and what to do about it

2013 • 696 citations

Stockholder gains from focusing versus diversifying bank mergers

2001 • 611 citations

The anatomy of bank diversification

2009 • 513 citations

Rethinking Capital Regulation

2008 • 467 citations

Bank holding company mergers with nonbank financial firms: Effects on the risk of failure

1993 • 451 citations

The Bankers’ New Clothes

2013 • 422 citations

Does the Stock Market Value Bank Diversification?

2006 • 404 citations

The International Transmission of Bank Liquidity Shocks: Evidence from an Emerging Market

2011 • 359 citations

Bank valuation and accounting discretion during a financial crisis

2012 • 344 citations

A Portfolio View of Banking with Interest and Noninterest Activities

2006 • 334 citations

Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data

2014 • 332 citations

Banks’ Non-Interest Income and Systemic Risk

2012 • 274 citations

Is Deposit Insurance Necessary? A Historical Perspective

1990 • 267 citations

Is Fairly Priced Deposit Insurance Possible?

1992 • 265 citations

Testing macroprudential stress tests: The risk of regulatory risk weights

2014 • 254 citations

Do financial conglomerates create or destroy economic value?

2008 • 229 citations

Market Making Under the Proposed Volcker Rule

2012 • 149 citations

The Separation of Commercial and Investment Banking

1990 • 141 citations

BANK RUNS: DEPOSIT INSURANCE AND CAPITAL REQUIREMENTS*

2002 • 137 citations

Market Liquidity After the Financial Crisis

2017 • 125 citations

Bank Performance around the Introduction of a Section 20 Subsidiary

2002 • 123 citations

Sources of Bank Interest Rate Risk

2002 • 120 citations

The Cost of Immediacy for Corporate Bonds

2018 • 119 citations

Empirical Studies of Financial Innovation: Lots of Talk, Little Action?

2004 • 107 citations

The Strategic Underreporting of Bank Risk

2017 • 104 citations

The separation of commercial and investment banking

1990 • 87 citations

Implications of the Dodd-Frank Act*

2012 • 83 citations

Manufacturing Tail Risk: A Perspective on the Financial Crisis of 2007-09

2010 • 83 citations

THE GRAMM‐LEACH‐BLILEY ACT OF 1999: RISK IMPLICATIONS FOR THE FINANCIAL SERVICES INDUSTRY

2004 • 73 citations

Whatever It Takes: The Real Effects of Unconventional Monetary Policy

2017 • 61 citations

On the Riskiness of Universal Banking: Evidence from Banks in the Investment Banking Business Pre‐ and Post‐GLBA

2009 • 47 citations

When time is not on our side: The costs of regulatory forbearance in the closure of insolvent banks

2017 • 45 citations

Manufacturing Tail Risk: A Perspective on the Financial Crisis of 2007-09

2010 • 40 citations

Banks' Incentives and the Quality of Internal Risk Models

2014 • 37 citations

The Volcker Rule and Market-Making in Times of Stress

2016 • 36 citations

Capital Commitment and Illiquidity in Corporate Bonds

2017 • 33 citations

Analysis of Corporate Bond Liquidity

2015 • 25 citations

Making failure feasible: how bankruptcy reform can end "too big to fail"

2016 • 25 citations

On the Wealth and Risk Effects of the Glass-Steagall Overhaul: Evidence from the Stock Market

2002 • 24 citations

Government Guarantees and Financial Stability

2017 • 20 citations

In Defense of Much, but Not All, Financial Innovation

2010 • 18 citations

How Does Bank Trading Activity Affect Performance? An Investigation Before and after the Crisis

2013 • 12 citations

How to Calculate Systemic Risk Surcharges

2013 • 11 citations

The Impact of Volcker Rule on Bank Profits and Default Probabilities

2012 • 6 citations

Regulatory Reform: A Scorecard

2017 • 4 citations

The Next Lehman Bankruptcy

2015 • 4 citations

In Defense of Derivatives From Beer to the Financial Crisis

2018 • 3 citations

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