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Dis-Integrating Credit Markets - Diversification, Securitization, and Lending in a Recovery
16 references·6 citing·51 second hop
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The case of small business lending (2006)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)Corporate financing and investment decisions when firms have information that investors do not have (1984)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)Inequality and Growth (1996)Financial Constraints Risk (2006)Liquidity and leverage (2008)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 2001Econometric Analysis of Cross Section and Panel Data27,575 cited
  • 1997Financial Intermediation, Loanable Funds, and The Real Sector3,910 cited
  • 2009The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis *2,088 cited
  • 1988Deposit Insurance, Risk, and Market Power in Banking1,782 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations1,334 cited
  • 1986Agency Costs, Collateral, and Business Fluctuations884 cited
  • 2014Uncertainty, Financial Frictions, and Investment Dynamics879 cited
  • 2006Reconstruction of New Orleans after Hurricane Katrina: A research perspective731 cited
  • 2001Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks576 cited
  • 1995Corporate Control, Portfolio Choice, and the Decline of Banking543 cited
  • 2010The Economic Growth Impact of Hurricanes: Evidence from U.S. Coastal Counties531 cited
  • 2010Global retail lending in the aftermath of the US financial crisis: Distinguishing between supply and demand effects524 cited
  • 1998An Adverse-Selection Model of Bank Asset and Liability Management with Implications for the Transmission of Monetary Policy510 cited

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  • 2004Bank Integration and State Business Cycles508 cited
  • 2014Inconsistent Regulators: Evidence from Banking *480 cited
  • Cited by

    • 2021High water, no marks? Biased lending after extreme weather81 cited
    • 2023Environmental policy stringency and bank risks: Does green economy matter?42 cited
    • 2016Political Borders and Bank Lending in Post-Crisis America42 cited
    • 2021How Bad Are Weather Disasters for Banks?42 cited
    • 2020Flooded through the Back Door: The Role of Bank Capital in Local Shock Spillovers32 cited
    • 2024Climate risk in mortgage markets: Evidence from Hurricanes Harvey and Irma31 cited