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Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model
16 references·11 citing·48 second hop
Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model (2015)Capital Requirements, Risk Choice, and Li…A Macroeconomic Model with a Financial Sector (2014)A Macroeconomic Model with a …The Aggregate Demand for Treasury Debt (2012)The Aggregate Demand for Trea…Liquidity and leverage (2008)Liquidity and leverageHow Does Financing Impact Investment? The Role of Debt Covenants (2008)How Does Financing Impact Inv…An Equilibrium Model of “Global Imbalances” and Low Interest Rates (2008)An Equilibrium Model of “Glob…How Costly Is External Financing? Evidence from a Structural Estimation (2007)How Costly Is External Financ…The Theory of Corporate Finance (2006)The Theory of Corporate Finan…How Big Are the Tax Benefits of Debt? (2000)How Big Are the Tax Benefits …The Choice of Stock Ownership Structure: Agency Costs, Monitoring, and the Decision to Go Public (1998)The Choice of Stock Ownership…Large Shareholders, Monitoring, and the Value of the Firm (1997)Large Shareholders, Monitorin…Financial Intermediation, Loanable Funds, and The Real Sector (1997)Financial Intermediation, Loa…The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Benefits of Lending Relat…Financial Intermediaries and Liquidity Creation (1990)Financial Intermediaries and …Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)Asymmetric Information, Bank …Regulation of Bank Capital and Portfolio Risk (1980)Regulation of Bank Capital an…DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)DISTRIBUTION OF INCOMES OF CO…Financial Regulation in a Quantitative Model of the Modern Banking System (2021)Financial Regulation in a Qua…The transmission mechanisms of macroprudential policies on bank risk (2020)The transmission mechanisms o…Rising bank concentration (2020)Rising bank concentrationDynamic Banking and the Value of Deposits (2020)Dynamic Banking and the Value…Capital Requirements in a Quantitative Model of Banking Industry Dynamics (2019)Capital Requirements in a Qua…GROWTH AND WELFARE EFFECTS OF MACROPRUDENTIAL REGULATION (2018)GROWTH AND WELFARE EFFECTS OF…A Macroeconomic Model with Financially Constrained Producers and Intermediaries (2018)A Macroeconomic Model with Fi…Shadow Banking and the Four Pillars of Traditional Financial Intermediation (2017)Shadow Banking and the Four P…Liquidity Rules and Credit Booms (2016)Liquidity Rules and Credit Bo…Benefits and Costs of Bank Capital (2016)Benefits and Costs of Bank Ca…Macroprudential Bank Capital Regulation in a Competitive Financial System (2014)Macroprudential Bank Capital …Credit Rationing in Markets with Imperfect Information (1981)The Role of Market Forces in Assuring Contractual Performance (1981)What's different about banks? (1985)Relationship Banking: What Do We Know? (2000)Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking (2001)A more complete conceptual framework for SME finance (2006)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)A Survey of Corporate Governance (1997)The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment (2000)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Behind the Scenes: The Corporate Governance Preferences of Institutional Investors (2016)American Economic Review (2019)Are Government Bonds Net Wealth? (1974)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Modeling Term Structures of Defaultable Bonds (1999)A Macroprudential Approach to Financial Regulation (2011)Monetary Policy as Financial Stability Regulation (2012)The Deposits Channel of Monetary Policy* (2017)Financial Intermediation and Delegated Monitoring (1984)Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Credit Cycles (1997)Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market (2008)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Increasing Returns and Long-Run Growth (1986)Sudden Stops, Financial Crises, and Leverage (2010)Intermediary Asset Pricing (2013)CoVaR (2016)Financing Constraints and Corporate Investment (1988)The Effect of Credit Market Competition on Lending Relationships (1995)Bank regulation and supervision: what works best? (2003)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)The role of information and financial reporting in corporate governance and debt contracting (2010)The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis * (2013)Environmental Externalities and Cost of Capital (2014)The Limits of Arbitrage (1995)The Cross‐Section of Volatility and Expected Returns (2006)Market Liquidity and Funding Liquidity (2008)Credit Spreads and Business Cycle Fluctuations (2012)Value and Momentum Everywhere (2013)Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Capital Structure (2001)Capital Structure and Stock Returns (2004)Does the Source of Capital Affect Capital Structure? (2005)The Behavior of Stock-Market Prices (1965)The Capital Structure Puzzle (1984)
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References

  • 1994The Benefits of Lending Relationships: Evidence from Small Business Data5,434 cited
  • 1997Financial Intermediation, Loanable Funds, and The Real Sector3,910 cited
  • 1956DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES3,426 cited
  • 2008Liquidity and leverage2,557 cited
  • 1990Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships2,333 cited
  • 2008How Does Financing Impact Investment? The Role of Debt Covenants2,077 cited
  • 2014A Macroeconomic Model with a Financial Sector1,976 cited
  • 2012The Aggregate Demand for Treasury Debt1,591 cited
  • 1997Large Shareholders, Monitoring, and the Value of the Firm1,518 cited
  • 2000How Big Are the Tax Benefits of Debt?1,483 cited
  • 2006The Theory of Corporate Finance1,171 cited
  • 2007How Costly Is External Financing? Evidence from a Structural Estimation1,148 cited
  • 1990Financial Intermediaries and Liquidity Creation1,078 cited
  • 2008An Equilibrium Model of “Global Imbalances” and Low Interest Rates1,055 cited
  • 1980Regulation of Bank Capital and Portfolio Risk973 cited

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1998
The Choice of Stock Ownership Structure: Agency Costs, Monitoring, and the Decision to Go Public
900 cited

Cited by

  • 2021Financial Regulation in a Quantitative Model of the Modern Banking System102 cited
  • 2016Benefits and Costs of Bank Capital89 cited
  • 2019Capital Requirements in a Quantitative Model of Banking Industry Dynamics85 cited
  • 2020The transmission mechanisms of macroprudential policies on bank risk61 cited
  • 2017Shadow Banking and the Four Pillars of Traditional Financial Intermediation57 cited
  • 2018A Macroeconomic Model with Financially Constrained Producers and Intermediaries35 cited
  • 2014Macroprudential Bank Capital Regulation in a Competitive Financial System32 cited
  • 2020Rising bank concentration31 cited
  • 2016Liquidity Rules and Credit Booms30 cited
  • 2020Dynamic Banking and the Value of Deposits29 cited
  • 2018GROWTH AND WELFARE EFFECTS OF MACROPRUDENTIAL REGULATION28 cited