Rethinking Capital Regulation

Corporate financing and investment decisions when firms have information that investors do not have

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Determinants of corporate borrowing

1977 • 13,054 citations

The Logic of Collective Action: Public Goods and the Theory of Groups.

1966 • 12,252 citations

Bank Runs, Deposit Insurance, and Liquidity

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Financial Intermediation and Delegated Monitoring

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The Theory of Economic Regulation

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Agency Costs, Net Worth, and Business Fluctuations.

1989 • 4,683 citations

The Limits of Arbitrage

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Market Liquidity and Funding Liquidity

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Deciphering the Liquidity and Credit Crunch 2007–2008

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Risk Management: Coordinating Corporate Investment and Financing Policies

1993 • 3,031 citations

Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series

1999 • 2,825 citations

Liquidation Values and Debt Capacity: A Market Equilibrium Approach

1992 • 2,708 citations

Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior

1989 • 2,486 citations

The Financial Accelerator in a Quantitative Business Cycle Framework

1998 • 2,109 citations

Corporate governance and the value of cash holdings

2006 • 1,940 citations

The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis^*

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Global Financial Stability Report

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The Role of Demandable Debt in Structuring Optimal Banking Arrangements

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Should Central Banks Respond to Movements in Asset Prices?

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

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The Politics of Government Decision-Making: A Theory of Regulatory Capture

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Default and Renegotiation: A Dynamic Model of Debt

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An Equilibrium Model of the Business Cycle

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Equilibrium and welfare in markets with financially constrained arbitrageurs

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Market Liquidity and Funding Liquidity

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Contagion as a Wealth Effect

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Why Bank Credit Policies Fluctuate: A Theory and Some Evidence

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Liquidity Shortages and Banking Crises

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Cyclical implications of the Basel II capital standards

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Evolving Post–World War II U.S. Inflation Dynamics

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Regulatory Capture, Public Interest, and the Public Agenda: Toward a Synthesis

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Liquidity Black Holes *

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Measuring Core Inflation

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The Consequences of Mortgage Credit Expansion: Evidence from the 2007 Mortgage Default Crisis

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Has financial development made the world riskier

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A Simple Adaptive Measure of Core Inflation

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The Financial Turmoil of 2007-?: A Preliminary Assessment and Some Policy Considerations

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Econometric Analysis by Control Methods.

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No Pain, No Gain? Effecting Market Discipline via 'Reverse Convertible Debentures'

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Untitled

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Overcoming the Zero Bound on Nominal interest Rates with Negative Interest on Currency: Gesell's Solution

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From Cash-in-the-Market Pricing to Financial Fragility

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The Alchemy of CDO Credit Ratings

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Monetary Policy, Loan Liquidation, and Industrial Conflict: The Federal Reserve and the Open Market Operations of 1932

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Monetary policy under uncertainty

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Financial Intermediaries, Financial Stability and Monetary Policy *

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Patching up the Pact: some Suggestions for Enhancing Fiscal Sustainability and Macroeconomic Stability in an Enlarged European Union

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House prices, wealth effects, and the Singapore macroeconomy

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CONTINGENT CAPITAL: INTEGRATING CORPORATE FINANCING AND RISK MANAGEMENT DECISIONS

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Monetary Policy and the Financial System.

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Regulatory Capture and the Monetary Contraction of 1932: A Comment on Epstein and Ferguson

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Risk management in financial institutions

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May you live in interesting times: the sequel

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Risk management in financial institutions: a speech at the Federal Reserve Bank of Chicago's Annual Conference on Bank Structure and Competition, Chicago, Illinois, May 15, 2008

2008 • 8 citations