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Has Financial Innovation Made the World Riskier? CDS, Regulatory Arbitrage and Systemic Risk
16 references·3 citing·41 second hop
Has Financial Innovation Made the World Riskier? CDS, Regulatory Arbitrage and Systemic Risk (2021)Has Financial Innovation Made the World R…Fintech, regulatory arbitrage, and the rise of shadow banks (2018)Fintech, regulatory arbitrage…Securitization without risk transfer (2012)Securitization without risk t…Monetary Policy as Financial Stability Regulation (2012)Monetary Policy as Financial …Global Banking Glut and Loan Risk Premium (2012)Global Banking Glut and Loan …Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts (2012)Collective Moral Hazard, Matu…Neglected risks, financial innovation, and financial fragility (2011)Neglected risks, financial in…A Macroprudential Approach to Financial Regulation (2011)A Macroprudential Approach to…Regulating the Shadow Banking System (2010)Regulating the Shadow Banking…Restoring Financial Stability (2009)Restoring Financial StabilityBanks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit‐taking (2002)Banks as Liquidity Providers:…Private and Public Supply of Liquidity (1998)Private and Public Supply of …Financial Intermediation, Loanable Funds, and The Real Sector (1997)Financial Intermediation, Loa…The Economic Theory of Regulation after a Decade of Deregulation (1989)The Economic Theory of Regula…Coalition-Proof Nash Equilibria I. Concepts (1987)Coalition-Proof Nash Equilibr…Financial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …Bank Runs, Deposit Insurance, and Liquidity (1983)Bank Runs, Deposit Insurance,…Let the Worst One Fail: A Credible Solution to the Too-Big-To-Fail Conundrum (2022)Let the Worst One Fail: A Cre…Green Capital Requirements (2022)Green Capital RequirementsOff the Radar: Factors behind the Growth of Shadow Banking in Europe (2018)Off the Radar: Factors behind…Subjectivity and correlation in randomized strategies (1974)Reexamination of the perfectness concept for equilibrium points in extensive games (1975)Sequential Equilibria (1982)Financial Intermediaries and Liquidity Creation (1990)Multimarket Contact and Collusive Behavior (1990)Climate Clubs: Overcoming Free-riding in International Climate Policy (2015)Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Credit Cycles (1997)Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking (2001)Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market (2008)The arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)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)Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)MACROPRUDENTIAL POLICY – A LITERATURE REVIEW (2010)Bank size, capital, and systemic risk: Some international evidence (2015)Where the Risks Lie: A Survey on Systemic Risk (2015)American Economic Review (2019)Corporate financing and investment decisions when firms have information that investors do not have (1984)A Theory of Bank Capital (2000)Bank Liquidity Creation (2009)How does capital affect bank performance during financial crises? (2013)Debt Maturity Structure and Liquidity Risk (1991)Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Default and Renegotiation: A Dynamic Model of Debt (1998)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Determinants of corporate borrowing (1977)Complexity, concentration and contagion (2011)The Use and Effectiveness of Macroprudential Policies (2015)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)This Time Is the Same: Using Bank Performance in 1998 to Explain Bank Performance during the Recent Financial Crisis (2012)A Crisis of Banks as Liquidity Providers (2014)The “greatest” carry trade ever? Understanding eurozone bank risks (2014)Fintech and banking: What do we know? (2019)The Role of Technology in Mortgage Lending (2019)Predictably Unequal? The Effects of Machine Learning on Credit Markets (2021)
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References

  • 1983Bank Runs, Deposit Insurance, and Liquidity9,689 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1997Financial Intermediation, Loanable Funds, and The Real Sector3,910 cited
  • 1998Private and Public Supply of Liquidity1,821 cited
  • 2018Fintech, regulatory arbitrage, and the rise of shadow banks1,803 cited
  • 2002Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit‐taking1,447 cited
  • 2012Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts1,121 cited
  • 2011A Macroprudential Approach to Financial Regulation1,087 cited
  • 1987Coalition-Proof Nash Equilibria I. Concepts1,039 cited
  • 2012Securitization without risk transfer922 cited
  • 2012Monetary Policy as Financial Stability Regulation856 cited
  • 2011Neglected risks, financial innovation, and financial fragility742 cited
  • 2009Restoring Financial Stability720 cited
  • 2012Global Banking Glut and Loan Risk Premium585 cited
  • 2010Regulating the Shadow Banking System570 cited
  • 1989The Economic Theory of Regulation after a Decade of Deregulation

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523 cited

Cited by

  • 2022Green Capital Requirements77 cited
  • 2018Off the Radar: Factors behind the Growth of Shadow Banking in Europe42 cited
  • 2022Let the Worst One Fail: A Credible Solution to the Too-Big-To-Fail Conundrum31 cited