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Overheating in Credit Markets: Origins, Measurement, and Policy Responses
16 references·16 citing·38 second hopsampled
Overheating in Credit Markets: Origins, Measurement, and Policy Responses (2013)Overheating in Credit Markets: Origins, M…Issuer Quality and Corporate Bond Returns (2013)Issuer Quality and Corporate …Monetary Policy and Long-Term Real Rates (2012)Monetary Policy and Long-Term…Who Drove and Burst the Tech Bubble? (2011)Who Drove and Burst the Tech …Neglected risks, financial innovation, and financial fragility (2011)Neglected risks, financial in…How Safe Are Money Market Funds?* (2010)How Safe Are Money Market Fun…The Economics of Structured Finance (2009)The Economics of Structured F…Has Finance Made the World Riskier? (2006)Has Finance Made the World Ri…The Pooling and Tranching of Securities: A Model of Informed Intermediation (2004)The Pooling and Tranching of …By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)By Force of Habit: A Consumpt…A Liquidity-based Model of Security Design (1999)A Liquidity-based Model of Se…The Limits of Arbitrage (1995)The Limits of ArbitrageThe Evolution of Buyout Pricing and Financial Structure in the 1980s (1993)The Evolution of Buyout Prici…Financial Intermediaries and Liquidity Creation (1990)Financial Intermediaries and …Agency Costs, Net Worth, And Business Fluctuations (1988)Agency Costs, Net Worth, And …Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…Portfolio choice with sustainable spending: A model of reaching for yield (2021)Portfolio choice with sustain…How monetary policy shaped the housing boom (2021)How monetary policy shaped th…Mutual Fund Flows and Fluctuations in Credit and Business Cycles (2018)Mutual Fund Flows and Fluctua…Monetary policy and macroprudential policy: Different and separate? (2018)Monetary policy and macroprud…Mapping heat in the U.S. financial system (2017)Mapping heat in the U.S. fina…What Caused Chicago Bank Failures in the Great Depression? A Look at the 1920s (2016)What Caused Chicago Bank Fail…Monetary Versus Macroprudential Policies: Causal Impacts of Interest Rates and Credit Controls in the Era of the UK Radcliffe Report (2016)Monetary Versus Macroprudenti…Bank Skin in the Game and Loan Contract Design: Evidence from Covenant-Lite Loans (2016)Bank Skin in the Game and Loa…The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach-for-Yield, and Real Effects (2015)The International Bank Lendin…The Federal Reserve’s Framework for Monetary Policy: Recent Changes and New Questions (2015)The Federal Reserve’s Framewo…Financial Stability Monitoring (2015)Financial Stability MonitoringAsset Bubbles (2015)Asset BubblesCentral Banks: Powerful, Political and Unaccountable? 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Evidence from a Panel of 57 Economies (2013)Can Non-Interest Rate Policie…Moral Hazard and Observability (1979)Optimal contracts and competitive markets with costly state verification (1979)Theory ahead of business-cycle measurement (1986)Financial Constraints Risk (2006)Market Liquidity and Funding Liquidity (2008)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Bank Runs, Deposit Insurance, and Liquidity (1983)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)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)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)An equilibrium characterization of the term structure (1977)A model of investor sentiment /Journal of monetary economics (1987)Market Timing and Capital Structure (2002)Stronger Risk Controls, Lower Risk: Evidence from U.S. Bank Holding Companies (2013)The Nature of the Firm (1937)Separation of Ownership and Control (1983)Law and Finance (1998)On the Pricing of Corporate Debt: The Risk Structure of Interest Rates (1974)Common risk factors in the returns on stocks and bonds (1993)How did increased competition affect credit ratings? (2011)Back to the basics in banking? A micro-analysis of banking system stability (2009)Bank Risk-taking, Securitization, Supervision, and Low Interest Rates: Evidence from the Euro-area and the U.S. Lending Standards (2011)Risk and Valuation of Collateralized Debt Obligations (2001)Investor Psychology and Security Market Under‐ and Overreactions (1998)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles (2008)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 1995The Limits of Arbitrage5,282 cited
  • 1999By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior5,088 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations4,382 cited
  • 1990Financial Intermediaries and Liquidity Creation1,078 cited
  • 2006Has Finance Made the World Riskier?919 cited
  • 2009The Economics of Structured Finance750 cited
  • 2011Neglected risks, financial innovation, and financial fragility742 cited
  • 1999A Liquidity-based Model of Security Design739 cited
  • 2012Monetary Policy and Long-Term Real Rates680 cited
  • 2004The Pooling and Tranching of Securities: A Model of Informed Intermediation632 cited
  • 1993The Evolution of Buyout Pricing and Financial Structure in the 1980s448 cited
  • 2010How Safe Are Money Market Funds?*423 cited
  • 2013Issuer Quality and Corporate Bond Returns366 cited
  • 2011Who Drove and Burst the Tech Bubble?

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318 cited

Cited by

  • 2013Can Non-Interest Rate Policies Stabilize Housing Markets? Evidence from a Panel of 57 Economies117 cited
  • 2015Financial Stability Monitoring106 cited
  • 2021How monetary policy shaped the housing boom87 cited
  • 2021Portfolio choice with sustainable spending: A model of reaching for yield84 cited
  • 2014Central Banks: Powerful, Political and Unaccountable?81 cited
  • 2014An Overview of Macroprudential Policy Tools81 cited
  • 2018Monetary policy and macroprudential policy: Different and separate?71 cited
  • 2017Mapping heat in the U.S. financial system63 cited
  • 2018Mutual Fund Flows and Fluctuations in Credit and Business Cycles58 cited
  • 2015The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach-for-Yield, and Real Effects54 cited
  • 2016Bank Skin in the Game and Loan Contract Design: Evidence from Covenant-Lite Loans54 cited
  • 2014Central Banking at a Crossroads : Europe and Beyond53 cited
  • 2016What Caused Chicago Bank Failures in the Great Depression? A Look at the 1920s53 cited
  • 2015The Federal Reserve’s Framework for Monetary Policy: Recent Changes and New Questions50 cited
  • 2016Monetary Versus Macroprudential Policies: Causal Impacts of Interest Rates and Credit Controls in the Era of the UK Radcliffe Report50 cited
  • 2015Asset Bubbles48 cited