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Credit behavior and financial stability in an emerging economy
16 references·0 citing·35 second hop
Credit behavior and financial stability in an emerging economy (2022)Credit behavior and financial stability i…Too much finance? (2015)Too much finance?Bank competition and financial stability in Asia Pacific (2013)Bank competition and financia…Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008 (2012)Credit Booms Gone Bust: Monet…Financial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons (2011)Financial Crises, Credit Boom…Sudden Stops, Financial Crises, and Leverage (2010)Sudden Stops, Financial Crise…How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2009)How to do Xtabond2: An Introd…Bank Governance, Regulation, and Risk Taking (2008)Bank Governance, Regulation, …Panel Data Econometrics (2003)Panel Data EconometricsGMM Estimation of Empirical Growth Models (2001)GMM Estimation of Empirical G…GMM Estimation of Empirical Growth Models (2001)GMM Estimation of Empirical G…The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)The Twin Crises: The Causes o…The Determinants of Banking Crises in Developing and Developed Countries (1998)The Determinants of Banking C…Initial conditions and moment restrictions in dynamic panel data models (1998)Initial conditions and moment…Another look at the instrumental variable estimation of error-components models (1995)Another look at the instrumen…Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…Safety First and the Holding of Assets (1952)Safety First and the Holding …Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)Introductory Econometrics for Finance (2008)Panel Data Models With Interactive Fixed Effects (2009)Does Algorithmic Trading Improve Liquidity? (2011)Expectation in Economics (1949)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Optimal Versus Naive Diversification: How Inefficient is the 1/ N Portfolio Strategy? (2007)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Bank Runs, Deposit Insurance, and Liquidity (1983)Qualitative Response Models: A Survey (1994)Bank concentration, competition, and crises: First results (2005)Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk-Taking? 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References

  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,089 cited
  • 1998Initial conditions and moment restrictions in dynamic panel data models22,547 cited
  • 1995Another look at the instrumental variable estimation of error-components models19,861 cited
  • 2009How to do Xtabond2: An Introduction to Difference and System GMM in Stata9,826 cited
  • 1999The Twin Crises: The Causes of Banking and Balance-of-Payments Problems4,990 cited
  • 2008Bank Governance, Regulation, and Risk Taking3,460 cited
  • 2012Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–20082,655 cited
  • 1952Safety First and the Holding of Assets2,537 cited
  • 2003Panel Data Econometrics2,123 cited
  • 1998The Determinants of Banking Crises in Developing and Developed Countries1,799 cited
  • 2001GMM Estimation of Empirical Growth Models1,204 cited
  • 2015Too much finance?1,172 cited
  • 2010Sudden Stops, Financial Crises, and Leverage1,065 cited
  • 2001GMM Estimation of Empirical Growth Models835 cited
  • 2011Financial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons682 cited

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  • 2013Bank competition and financial stability in Asia Pacific626 cited
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