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The Hazards of Debt: Rollover Freezes, Incentives, and Bailouts
16 references·16 citing·35 second hopsampled
The Hazards of Debt: Rollover Freezes, Incentives, and Bailouts (2010)The Hazards of Debt: Rollover Freezes, In…Rollover Risk and Credit Risk (2012)Rollover Risk and Credit RiskDeciphering the Liquidity and Credit Crunch 2007–2008 (2009)Deciphering the Liquidity and…Demand–Deposit Contracts and the Probability of Bank Runs (2005)Demand–Deposit Contracts and …Coordination Failures and the Lender of Last Resort: Was Bagehot Right after All? (2004)Coordination Failures and the…Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking (2001)Liquidity Risk, Liquidity Cre…A Theory of Bank Capital (2000)A Theory of Bank CapitalLiquidity Risk, Liquidity Creation and Financial Fragility: A Theory of Banking (1998)Liquidity Risk, Liquidity Cre…Agency Costs, Risk Management, and Capital Structure (1998)Agency Costs, Risk Management…Optimal Capital Structure, Endogenous Bankruptcy, and the Term Structure of Credit Spreads (1996)Optimal Capital Structure, En…The Maturity Structure of Corporate Debt (1995)The Maturity Structure of Cor…Corporate Debt Value, Bond Covenants, and Optimal Capital Structure (1994)Corporate Debt Value, Bond Co…Seniority and maturity of debt contracts (1993)Seniority and maturity of deb…The Role of Demandable Debt in Structuring Optimal Banking Arrangements (1991)The Role of Demandable Debt i…Debt Maturity Structure and Liquidity Risk (1991)Debt Maturity Structure and L…Bank Runs, Deposit Insurance, and Liquidity (1983)Bank Runs, Deposit Insurance,…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Debt Maturity and the Dynamics of Leverage (2021)Debt Maturity and the Dynamic…Raising short-term debt for long-term investment and stock price crash risk: Evidence from China (2019)Raising short-term debt for l…Municipal Bond Markets (2019)Municipal Bond MarketsShort-Term Debt and Incentives for Risk-Taking (2017)Short-Term Debt and Incentive…Rollover risk as market discipline: A two-sided inefficiency (2017)Rollover risk as market disci…Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle (2017)Quantifying Liquidity and Def…How Excessive Is Banks’ Maturity Transformation? (2017)How Excessive Is Banks’ Matur…Debt maturity and the liquidity of secondary debt markets (2017)Debt maturity and the liquidi…A Dynamic Theory of Mutual Fund Runs and Liquidity Management (2017)A Dynamic Theory of Mutual Fu…Dynamic Debt Maturity (2016)Dynamic Debt MaturityDebt Maturity and the Liquidity of Secondary Debt Markets (2016)Debt Maturity and the Liquidi…Debt Refinancing and Equity Returns (2015)Debt Refinancing and Equity R…Strategic Complementarity, Fragility, and Regulation (2014)Strategic Complementarity, Fr…Dynamic debt runs and financial fragility: Evidence from the 2007 ABCP crisis (2014)Dynamic debt runs and financi…Endogenous Liquidity and Defaultable Bonds (2012)Endogenous Liquidity and Defa…What Are Grades Made Of? (2009)What Are Grades Made Of?The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Financial Intermediation and Delegated Monitoring (1984)Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit‐taking (2002)How does capital affect bank performance during financial crises? (2013)Determinants of corporate borrowing (1977)Credit Rationing in Markets with Imperfect Information (1981)Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)A Survey of Corporate Governance (1997)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Pricing of Options and Corporate Liabilities (1973)The Determinants of Credit Spread Changes (2001)The theory and practice of corporate finance: evidence from the field (2001)Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit Default Swap Market (2004)The Determinants of Capital Structure Choice (1988)Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The determinants and implications of corporate cash holdings (1999)Corporate financing and investment decisions when firms have information that investors do not have (1984)A Simple Approach to Valuing Risky Fixed and Floating Rate Debt (1995)Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)Financial Contagion (2000)Market Liquidity and Funding Liquidity (2008)A Monetary History of the United States, 1867-1960 (2017)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Separation of Ownership and Control (1983)Law and Finance (1998)Firms, Contracts, and Financial Structure (1995)Does Distance Still Matter? The Information Revolution in Small Business Lending (2002)Continuous Auctions and Insider Trading (1985)Bank lending during the financial crisis of 2008 (2009)Econometric measures of connectedness and systemic risk in the finance and insurance sectors (2012)Term Structures of Credit Spreads with Incomplete Accounting Information (2001)Capital Structure and Stock Returns (2004)Environmental risk management and the cost of capital (2008)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1983Bank Runs, Deposit Insurance, and Liquidity9,689 cited
  • 2009Deciphering the Liquidity and Credit Crunch 2007–20083,326 cited
  • 1994Corporate Debt Value, Bond Covenants, and Optimal Capital Structure2,732 cited
  • 2001Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking2,006 cited
  • 1996Optimal Capital Structure, Endogenous Bankruptcy, and the Term Structure of Credit Spreads1,962 cited
  • 1995The Maturity Structure of Corporate Debt1,856 cited
  • 1991Debt Maturity Structure and Liquidity Risk1,815 cited
  • 1998Agency Costs, Risk Management, and Capital Structure1,495 cited
  • 1991The Role of Demandable Debt in Structuring Optimal Banking Arrangements1,490 cited
  • 2000A Theory of Bank Capital1,407 cited
  • 2005Demand–Deposit Contracts and the Probability of Bank Runs1,206 cited
  • 2004Coordination Failures and the Lender of Last Resort: Was Bagehot Right after All?818 cited
  • 1993Seniority and maturity of debt contracts646 cited
  • 2012Rollover Risk and Credit Risk632 cited

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1998
Liquidity Risk, Liquidity Creation and Financial Fragility: A Theory of Banking
588 cited

Cited by

  • 2017Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle168 cited
  • 2009What Are Grades Made Of?151 cited
  • 2019Raising short-term debt for long-term investment and stock price crash risk: Evidence from China141 cited
  • 2021Debt Maturity and the Dynamics of Leverage117 cited
  • 2014Strategic Complementarity, Fragility, and Regulation114 cited
  • 2016Debt Maturity and the Liquidity of Secondary Debt Markets109 cited
  • 2017Short-Term Debt and Incentives for Risk-Taking100 cited
  • 2017Debt maturity and the liquidity of secondary debt markets85 cited
  • 2014Dynamic debt runs and financial fragility: Evidence from the 2007 ABCP crisis85 cited
  • 2016Dynamic Debt Maturity81 cited
  • 2017Rollover risk as market discipline: A two-sided inefficiency81 cited
  • 2017A Dynamic Theory of Mutual Fund Runs and Liquidity Management76 cited
  • 2017How Excessive Is Banks’ Maturity Transformation?69 cited
  • 2019Municipal Bond Markets62 cited
  • 2012Endogenous Liquidity and Defaultable Bonds57 cited
  • 2015Debt Refinancing and Equity Returns56 cited