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Moral Hazard and the Optimality of Debt
16 references·1 citing·42 second hop
Moral Hazard and the Optimality of Debt (2012)Moral Hazard and the Optimality of DebtDid Securitization Lead to Lax Screening? Evidence from Subprime Loans* (2010)Did Securitization Lead to La…The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis * (2009)The Consequences of Mortgage …Limit Theorems for Stochastic Processes (2003)Limit Theorems for Stochastic…Implications of rational inattention (2003)Implications of rational inat…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…A Theory of Debt Based on the Inalienability of Human Capital (1994)A Theory of Debt Based on the…An Incomplete Contracts Approach to Financial Contracting (1992)An Incomplete Contracts Appro…An Analysis of the Principal-Agent Problem (1992)An Analysis of the Principal-…Aggregation and Linearity in the Provision of Intertemporal Incentives (1987)Aggregation and Linearity in …On the Strategic Stability of Equilibria (1986)On the Strategic Stability of…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Incentive-Compatible Debt Contracts: The One-Period Problem (1985)Incentive-Compatible Debt Con…An Analysis of the Principal-Agent Problem (1983)An Analysis of the Principal-…Risk Sharing and Incentives in the Principal and Agent Relationship (1979)Risk Sharing and Incentives i…Optimal contracts and competitive markets with costly state verification (1979)Optimal contracts and competi…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Optimality of Securitized Debt with Endogenous and Flexible Information Acquisition (2012)Optimality of Securitized Deb…Some International Evidence on Output-Inflation Tradeoffs. (1973)An Economic Theory of Self-Control (1977)Golden Eggs and Hyperbolic Discounting (1997)Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve (2002)Were There Regime Switches in U.S. Monetary Policy? (2006)In Search of Attention (2011)Moral Hazard and Observability (1979)Good News and Bad News: Representation Theorems and Applications (1981)Agency costs and innovation (1989)Risk Taking by Mutual Funds as a Response to Incentives (1997)The Theory of Incentives: The Principal-Agent Model (2001)Theory of Value (1959)Essays in the Theory of Risk-Bearing. (1972)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Financial Intermediation and Delegated Monitoring (1984)Agency Costs, Net Worth, And Business Fluctuations (1988)Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)Corporate financing and investment decisions when firms have information that investors do not have (1984)Firms, Contracts, and Financial Structure (1995)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Law and Finance (1998)Credit Rationing in Markets with Imperfect Information (1981)House Prices, Home Equity–Based Borrowing, and the US Household Leverage Crisis (2011)Liquidity risk management and credit supply in the financial crisis (2011)Household Balance Sheets, Consumption, and the Economic Slump* (2013)The Economic Theory of Agency: The Principal's Problem. (1973)Using Cost Observation to Regulate Firms (1986)Incentives in Principal-Agent Relationships (1991)The Tenuous Trade‐off between Risk and Incentives (2002)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Fine Structure of Asset Returns: An Empirical Investigation (2002)Microstructure noise in the continuous case: The pre-averaging approach (2008)Tails, Fears, and Risk Premia (2011)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 2003Implications of rational inattention3,869 cited
  • 1979Optimal contracts and competitive markets with costly state verification3,201 cited
  • 1987Aggregation and Linearity in the Provision of Intertemporal Incentives2,870 cited
  • 2003Limit Theorems for Stochastic Processes2,529 cited
  • 1992An Incomplete Contracts Approach to Financial Contracting2,132 cited
  • 1983An Analysis of the Principal-Agent Problem2,127 cited
  • 2009The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis *2,088 cited
  • 1992An Analysis of the Principal-Agent Problem1,913 cited
  • 1985Incentive-Compatible Debt Contracts: The One-Period Problem1,799 cited
  • 1994A Theory of Debt Based on the Inalienability of Human Capital1,441 cited
  • 1986On the Strategic Stability of Equilibria1,402 cited
  • 1979Risk Sharing and Incentives in the Principal and Agent Relationship1,285 cited

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  • 2010Did Securitization Lead to Lax Screening? Evidence from Subprime Loans*1,100 cited
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    • 2012Optimality of Securitized Debt with Endogenous and Flexible Information Acquisition21 cited