SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Interest Rate Uncertainty and the Financial Intermediary's Choice of Exposure
8 references·8 citing·45 second hop
Interest Rate Uncertainty and the Financial Intermediary's Choice of Exposure (1983)Interest Rate Uncertainty and the Financi…Market Interest Rates and Commercial Bank Profitability: An Empirical Investigation (1981)Market Interest Rates and Com…The Theory of Money (1980)The Theory of MoneyThe Investment Banking Contract For New Issues Under Asymmetric Information: Delegation And The Incentive Problem (1980)The Investment Banking Contra…The Central Role of Credit Crunches in Recent Financial History (1980)The Central Role of Credit Cr…The Eurodollar Market and Monetary Theory (1976)The Eurodollar Market and Mon…The Ex Ante Prediction Performance of the St. Louis and FRB-MIT-PENN Econometric Models and Some Results on Composite Predictors (1975)The Ex Ante Prediction Perfor…Rules for Ordering Uncertain Prospects (1969)Rules for Ordering Uncertain …Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…Dynamic correlation analysis of spill-over effects of interest rate risk and return on Australian and US financial firms (2014)Dynamic correlation analysis …Interest rate risk and the creation of the Monetary Policy Committee: Evidence from banks’ and life insurance companies’ stocks in the UK (2013)Interest rate risk and the cr…Who Transfers Credit Risk? Determinants of the Use of Credit Derivatives by Large US Banks (2007)Who Transfers Credit Risk? De…The sensitivity of US banks' stock returns to interest rate and exchange rate changes (2006)The sensitivity of US banks' …International Spillover of Risk and Return among Major Banking Institutions: A Bivariate GARCH Model (2003)International Spillover of Ri…Were Banks Special Intermediaries in Late Nineteenth Century America? (1998)Were Banks Special Intermedia…Bank Size, Collateral, and Net Purchase Behavior in the Federal Funds Market: Empirical Evidence (1989)Bank Size, Collateral, and Ne…A Keynesian Theory of Bank Behavior (1988)A Keynesian Theory of Bank Be…On the measurement of inequality (1970)On Economic Inequality (1973)A theory of anticipated utility (1982)Theory of games and economic behavior (2019)The Combination of Forecasts (1969)The Prediction Performance of the FRB-MIT-PENN Model of the U.S. Economy (1972)Applied Time Series Analysis for Managerial Forecasting. (1974)Forecasting with Econometric Methods: Folklore Versus Fact (1978)Quantitative Forecasting -- The State of the Art: Extrapolative Models (1979)The role of macroeconometric models in forecasting and policy analysis in the united states (1982)Bank funds management in an efficient market (1975)The Demand for Quality-adjusted Cash Balances: Price Uncertainty in the U.S. Demand for Money Function (1977)The impact of interest rate and exchange rate volatility on banks' stock returns and volatility: Evidence from Turkey (2011)Simple Banking: Profitability and the Yield Curve (2012)Interest rate risk and bank equity valuations (2018)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Measuring and Testing the Impact of News on Volatility (1993)Critical Values for Cointegration Tests (2010)Do economic factors influence stock returns? A firm and industry level analysis (2010)Linear and nonlinear interest rate sensitivity of Spanish banks (2011)Asymmetrical relationship between oil prices, gold prices, exchange rate, and stock prices during global financial crisis 2008: Evidence from Pakistan (2020)The Theory of Syndicates (1968)Price performance of common stock new issues (1975)Moral Hazard and Observability (1979)Regulation and information in a continuing relationship (1984)Litigation Risk, Intermediation, and the Underpricing of Initial Public Offerings (1992)Discounting and underpricing in seasoned equity offers (2003)The General Theory of Employment, Interest and Money. (1936)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Credit Rationing in Markets with Imperfect Information (1981)Commercial Banks in Macroeconomic Theory (1992)Keynesian Uncertainty and Asymmetric Information: Complementary or Contradictory? (1993)Alternative Banking and Theory (2014)Chapter 16 Credit rationing (1990)The Credit Effects of Monetary Policy: Evidence Using Loan Commitments (1998)Approaches to the Economics of Discrimination (2025)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Toward a theory of bank loan commitments (1982)Are Banks Liquidity Transformers? (2004)Interbank Tiering and Money Center Banks (2010)Alternative approaches to the theory of the banking firm (1980)Monetary Theory and Policy, 2nd Edition (2003)Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007 to 2009 (2011)
this work references cited by second hop

References

  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1969Rules for Ordering Uncertain Prospects1,757 cited
  • 1980The Theory of Money313 cited
  • 1980The Investment Banking Contract For New Issues Under Asymmetric Information: Delegation And The Incentive Problem280 cited
  • 1980The Central Role of Credit Crunches in Recent Financial History254 cited
  • 1981Market Interest Rates and Commercial Bank Profitability: An Empirical Investigation196 cited
  • 1975The Ex Ante Prediction Performance of the St. Louis and FRB-MIT-PENN Econometric Models and Some Results on Composite Predictors94 cited
  • 1976The Eurodollar Market and Monetary Theory79 cited

Cited by

  • 2006The sensitivity of US banks' stock returns to interest rate and exchange rate changes67 cited
  • 1988A Keynesian Theory of Bank Behavior59 cited
  • 1989Bank Size, Collateral, and Net Purchase Behavior in the Federal Funds Market: Empirical Evidence53 cited
  • 2003International Spillover of Risk and Return among Major Banking Institutions: A Bivariate GARCH Model53 cited
  • 2007Who Transfers Credit Risk? Determinants of the Use of Credit Derivatives by Large US Banks49 cited
  • 1998Were Banks Special Intermediaries in Late Nineteenth Century America?37 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 2013Interest rate risk and the creation of the Monetary Policy Committee: Evidence from banks’ and life insurance companies’ stocks in the UK35 cited
  • 2014Dynamic correlation analysis of spill-over effects of interest rate risk and return on Australian and US financial firms31 cited