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How Debt Markets Have Malfunctioned in the Crisis
16 references·16 citing·40 second hopsampled
How Debt Markets Have Malfunctioned in the Crisis (2010)How Debt Markets Have Malfunctioned in th…The Aggregate Demand for Treasury Debt (2012)The Aggregate Demand for Trea…Rollover Risk and Credit Risk (2012)Rollover Risk and Credit RiskFire Sales in Finance and Macroeconomics (2011)Fire Sales in Finance and Mac…Complexity, concentration and contagion (2011)Complexity, concentration and…The Maturity Rat Race (2010)The Maturity Rat RaceDeciphering the Liquidity and Credit Crunch 2007–2008 (2009)Deciphering the Liquidity and…Market Liquidity and Funding Liquidity (2008)Market Liquidity and Funding …Liquidity and leverage (2008)Liquidity and leverageCollective Risk Management in a Flight to Quality Episode (2007)Collective Risk Management in…Demand-Based Option Pricing (2005)Demand-Based Option PricingThe bond/old-bond spread (2002)The bond/old-bond spreadEquilibrium and welfare in markets with financially constrained arbitrageurs (2002)Equilibrium and welfare in ma…Private and Public Supply of Liquidity (1998)Private and Public Supply of …The Limits of Arbitrage (1995)The Limits of ArbitrageFinancial Intermediaries and Liquidity Creation (1990)Financial Intermediaries and …Bank Runs, Deposit Insurance, and Liquidity (1983)Bank Runs, Deposit Insurance,…Do Intermediaries Matter for Aggregate Asset Prices? (2021)Do Intermediaries Matter for …When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response (2020)When Selling Becomes Viral: D…When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response (2020)When Selling Becomes Viral: D…The Macroeconomics of Shadow Banking (2017)The Macroeconomics of Shadow …The Impact of Treasury Supply on Financial Sector Lending and Stability (2015)The Impact of Treasury Supply…Global financial crisis and spillover effects among the U.S. and BRICS stock markets (2015)Global financial crisis and s…An analysis of euro area sovereign CDS and their relation with government bonds (2015)An analysis of euro area sove…The TIPS‐Treasury Bond Puzzle (2013)The TIPS‐Treasury Bond PuzzleInstitutional trading and stock resiliency: Evidence from the 2007–2009 financial crisis (2013)Institutional trading and sto…The Term Structure of Interbank Risk (2012)The Term Structure of Interba…Liquidity and the Threat of Fraudulent Assets (2012)Liquidity and the Threat of F…Leverage across firms, banks, and countries (2012)Leverage across firms, banks,…Information, Liquidity, Asset Prices, and Monetary Policy (2012)Information, Liquidity, Asset…Fire Sales in Finance and Macroeconomics (2010)Fire Sales in Finance and Mac…Balance Sheet Adjustments during the 2008 Crisis (2010)Balance Sheet Adjustments dur…Amplification Mechanisms in Liquidity Crises (2010)Amplification Mechanisms in L…Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Credit Cycles (1997)Contagion as a Wealth Effect (2001)Deciphering the Liquidity and Credit Crunch 2007-08 (2008)A Macroprudential Approach to Financial Regulation (2011)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Corporate financing and investment decisions when firms have information that investors do not have (1984)Liquidity Shortages and Banking Crises (2002)Monetary Policy as Financial Stability Regulation (2012)The Deposits Channel of Monetary Policy* (2017)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 model of investor sentiment /CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)The Cross-Section of Expected Stock Returns (1992)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)Financial Intermediation and Delegated Monitoring (1984)Financial Contagion (2000)A Monetary History of the United States, 1867-1960 (2017)The Pricing of Options and Corporate Liabilities (1973)Theory of Rational Option Pricing (1973)Option pricing when underlying stock returns are discontinuous (1976)Market Liquidity and Funding Liquidity (2005)Liquidity and Asset Prices (2006)Intermediary asset pricing: New evidence from many asset classes (2017)Credit Rationing in Markets with Imperfect Information (1981)Continuous Auctions and Insider Trading (1985)Econometric measures of connectedness and systemic risk in the finance and insurance sectors (2012)The Cross‐Section of Volatility and Expected Returns (2006)Credit Spreads and Business Cycle Fluctuations (2012)Value and Momentum Everywhere (2013)CoVaR (2016)Debt Maturity Structure and Liquidity Risk (1991)Default and Renegotiation: A Dynamic Model of Debt (1998)Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking (2001)Determinants of corporate borrowing (1977)Bank lending during the financial crisis of 2008 (2009)
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References

  • 1983Bank Runs, Deposit Insurance, and Liquidity9,689 cited
  • 1995The Limits of Arbitrage5,282 cited
  • 2008Market Liquidity and Funding Liquidity5,007 cited
  • 2009Deciphering the Liquidity and Credit Crunch 2007–20083,326 cited
  • 2008Liquidity and leverage2,557 cited
  • 1998Private and Public Supply of Liquidity1,821 cited
  • 2012The Aggregate Demand for Treasury Debt1,591 cited
  • 2002Equilibrium and welfare in markets with financially constrained arbitrageurs1,196 cited
  • 1990Financial Intermediaries and Liquidity Creation1,078 cited
  • 2005Demand-Based Option Pricing889 cited
  • 2011Fire Sales in Finance and Macroeconomics836 cited
  • 2011Complexity, concentration and contagion825 cited
  • 2007Collective Risk Management in a Flight to Quality Episode749 cited
  • 2012Rollover Risk and Credit Risk632 cited
  • 2002The bond/old-bond spread514 cited
  • 2010The Maturity Rat Race438 cited

Cited by

  • 2020

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When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response
349 cited
  • 2013The TIPS‐Treasury Bond Puzzle292 cited
  • 2017The Macroeconomics of Shadow Banking285 cited
  • 2015The Impact of Treasury Supply on Financial Sector Lending and Stability248 cited
  • 2012Information, Liquidity, Asset Prices, and Monetary Policy247 cited
  • 2015Global financial crisis and spillover effects among the U.S. and BRICS stock markets225 cited
  • 2015An analysis of euro area sovereign CDS and their relation with government bonds225 cited
  • 2013Institutional trading and stock resiliency: Evidence from the 2007–2009 financial crisis203 cited
  • 2010Amplification Mechanisms in Liquidity Crises200 cited
  • 2012The Term Structure of Interbank Risk193 cited
  • 2010Fire Sales in Finance and Macroeconomics177 cited
  • 2012Leverage across firms, banks, and countries175 cited
  • 2020When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response166 cited
  • 2021Do Intermediaries Matter for Aggregate Asset Prices?151 cited
  • 2012Liquidity and the Threat of Fraudulent Assets150 cited
  • 2010Balance Sheet Adjustments during the 2008 Crisis148 cited