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Originate-to-Distribute Model and the Subprime Mortgage Crisis
16 references·16 citing·38 second hopsampled
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1983Bank Runs, Deposit Insurance, and Liquidity9,760 cited
  • 1984Financial Intermediation and Delegated Monitoring8,489 cited
  • 1977INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION5,868 cited
  • 1994The Benefits of Lending Relationships: Evidence from Small Business Data5,434 cited
  • 1997Financial Intermediation, Loanable Funds, and The Real Sector3,910 cited
  • 1977Informational Asymmetries, Financial Structure, and Financial Intermediation3,772 cited
  • 1985The Determinants of Firms' Hedging Policies3,270 cited
  • 1993Risk Management: Coordinating Corporate Investment and Financing Policies2,897 cited
  • 1998Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure2,749 cited
  • 2002Information Production and Capital Allocation: Decentralized versus Hierarchical Firms2,426 cited
  • 2009The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis *2,088 cited
  • 2001Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking2,023 cited
  • 1998Private and Public Supply of Liquidity1,821 cited
  • 2002

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Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit‐taking
1,578 cited
  • 1991The Role of Demandable Debt in Structuring Optimal Banking Arrangements1,490 cited
  • Cited by

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    • 2012Financial Innovation: The Bright and the Dark Sides467 cited
    • 2011The role of securitization in bank liquidity and funding management416 cited
    • 2009Financial regulation and securitization: Evidence from subprime loans309 cited
    • 2013Asset Quality Misrepresentation by Financial Intermediaries: Evidence from RMBS Market288 cited
    • 2018Credit Supply and the Housing Boom265 cited
    • 2014Does the Tail Wag the Dog?: The Effect of Credit Default Swaps on Credit Risk235 cited
    • 2014Bank Capital and Financial Stability: An Economic Trade-Off or a Faustian Bargain?225 cited
    • 2014Wall Street and the Housing Bubble225 cited
    • 2016Advertising Expensive Mortgages222 cited
    • 2013Who Facilitated Misreporting in Securitized Loans?216 cited
    • 2017Credit-Induced Boom and Bust210 cited
    • 2014Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide205 cited
    • 2018Credit Supply and Housing Speculation186 cited