Monetary Easing, Leveraged Payouts and Lack of Investment
Author
Abstract
Suggested Citation
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03792101
Download full text from publisher
References listed on IDEAS
- Emmanuel Farhi & Jean Tirole, 2012.
"Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts,"
American Economic Review, American Economic Association, vol. 102(1), pages 60-93, February.
- Emmanuel Farhi & Jean Tirole, 2009. "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts," NBER Working Papers 15138, National Bureau of Economic Research, Inc.
- Farhi, Emmanuel & Tirole, Jean, 2009. "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts," TSE Working Papers 09-052, Toulouse School of Economics (TSE), revised Oct 2010.
- Farhi, Emmanuel & Tirole, Jean, 2009. "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts," IDEI Working Papers 571, Institut d'Économie Industrielle (IDEI), Toulouse, revised Oct 2010.
- Farhi, Emmanuel & Tirole, Jean, 2009. "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts," Institutions and Markets Papers 52545, Fondazione Eni Enrico Mattei (FEEM).
- Jean Tirole & Emmanuel Farhi, 2010. "Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts," 2010 Meeting Papers 822, Society for Economic Dynamics.
- Jean Tirole & Emmanuel Farhi, 2009. "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts," Working Papers 2009.57, Fondazione Eni Enrico Mattei.
- Guillaume Plantin, 2015.
"Shadow Banking and Bank Capital Regulation,"
The Review of Financial Studies, Society for Financial Studies, vol. 28(1), pages 146-175.
- Guillaume Plantin, 2014. "Shadow Banking and Bank Capital Regulation," Working Papers 322014, Hong Kong Institute for Monetary Research.
- Guillaume Plantin, 2015. "Shadow Banking and Bank Capital Regulation," Post-Print hal-01168494, HAL.
- Joseph Abadi & Markus Brunnermeier & Yann Koby, 2023.
"The Reversal Interest Rate,"
American Economic Review, American Economic Association, vol. 113(8), pages 2084-2120, August.
- Markus K. Brunnermeier & Yann Koby, 2018. "The Reversal Interest Rate," NBER Working Papers 25406, National Bureau of Economic Research, Inc.
- Joseph Abadi & Markus K. Brunnermeier & Yann Koby, 2022. "The Reversal Interest Rate," Working Papers 22-28, Federal Reserve Bank of Philadelphia.
- Markus K. Brunnermeier & Yann Koby, 2019. "The Reversal Interest Rate," IMES Discussion Paper Series 19-E-06, Institute for Monetary and Economic Studies, Bank of Japan.
- Bengt Holmstrom, 1979.
"Moral Hazard and Observability,"
Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 74-91, Spring.
- HOLMSTROM, Bengt, 1979. "Moral hazard and observability," LIDAM Reprints CORE 379, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Bengt Holmstrom, 1997. "Moral Hazard and Observability," Levine's Working Paper Archive 1205, David K. Levine.
- Ricardo J Caballero & Alp Simsek, 2020.
"A Risk-Centric Model of Demand Recessions and Speculation,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(3), pages 1493-1566.
- Ricardo J. Caballero & Alp Simsek, 2017. "A Risk-centric Model of Demand Recessions and Speculation," NBER Working Papers 23614, National Bureau of Economic Research, Inc.
- ÅžimÅŸek, Alp & Caballero, Ricardo, 2019. "A Risk-centric Model of Demand Recessions and Speculation," CEPR Discussion Papers 13815, C.E.P.R. Discussion Papers.
- repec:hal:spmain:info:hdl:2441/hqvfahst79ekpe0losvq1h46k is not listed on IDEAS
- Jeremy C. Stein, 2012. "Monetary Policy as Financial Stability Regulation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(1), pages 57-95.
- Guillaume Plantin, 2015. "Shadow Banking and Bank Capital Regulation," SciencePo Working papers Main hal-01168494, HAL.
- Guillaume Plantin, 2015. "Shadow Banking and Bank Capital Regulation," SciencePo Working papers hal-01168494, HAL.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Viral V Acharya & Guillaume Plantin, 2019. "Monetary Easing, Leveraged Payouts and Lack of Investment," Working Papers hal-03792101, HAL.
- Guillaume Plantin & Viral Acharya, 2018. "Monetary Easing, Investment and Financial Instability," SciencePo Working papers Main hal-03393126, HAL.
- Viral Acharya & Guillaume Plantin, 2019. "Monetary Easing, Investment and Financial Instability," SciencePo Working papers Main hal-03393106, HAL.
- Guillaume Plantin & Viral Acharya, 2018.
"Monetary Easing, Investment and Financial Instability,"
Working Papers
hal-03393126, HAL.
- Viral Acharya & Guillaume Plantin, 2019. "Monetary Easing, Investment and Financial Instability," Working Papers hal-03393106, HAL.
- Plantin, Guillaume & Acharya, Viral, 2018. "Monetary Easing, Investment and Financial Instability," CEPR Discussion Papers 13072, C.E.P.R. Discussion Papers.
- repec:spo:wpmain:info:hdl:2441/2oaa6391f290lqkugdaeab6cq4 is not listed on IDEAS
- repec:spo:wpecon:info:hdl:2441/7dgqij8a2d89s9v4v2v5qhs9vs is not listed on IDEAS
- repec:hal:spmain:info:hdl:2441/2oaa6391f290lqkugdaeab6cq4 is not listed on IDEAS
- repec:spo:wpmain:info:hdl:2441/7dgqij8a2d89s9v4v2v5qhs9vs is not listed on IDEAS
- repec:hal:wpspec:info:hdl:2441/7dgqij8a2d89s9v4v2v5qhs9vs is not listed on IDEAS
- repec:hal:spmain:info:hdl:2441/7dgqij8a2d89s9v4v2v5qhs9vs is not listed on IDEAS
- Eduardo Dávila & Ansgar Walther, 2021.
"Corrective Regulation with Imperfect Instruments,"
NBER Working Papers
29160, National Bureau of Economic Research, Inc.
- Dávila, Eduardo & Walther, Ansgar, 2022. "Corrective regulation with imperfect instruments," ESRB Working Paper Series 139, European Systemic Risk Board.
- Dávila, Eduardo & Walther, Ansgar, 2022. "Corrective regulation with imperfect instruments," Working Paper Series 2723, European Central Bank.
- Walther, Ansgar & Dávila, Eduardo, 2021. "Corrective Regulation with Imperfect Instruments," CEPR Discussion Papers 16448, C.E.P.R. Discussion Papers.
- Eduardo Dávila & Ansgar Walther, 2021. "Corrective Regulation with Imperfect Instruments," Cowles Foundation Discussion Papers 2295, Cowles Foundation for Research in Economics, Yale University.
- Dávila, Eduardo & Walther, Ansgar, 2022. "Corrective regulation with imperfect instruments," Report of the Advisory Scientific Committee 20220, European Systemic Risk Board.
- Viral Acharya & Guillaume Plantin, 2019. "Monetary Easing, Investment and Financial Instability," SciencePo Working papers hal-03393106, HAL.
- William Chen & Gregory Phelan, 2023.
"Should Monetary Policy Target Financial Stability,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 49, pages 181-200, July.
- William Chen & Gregory Phelan, 2020. "Should Monetary Policy Target Financial Stability?," Department of Economics Working Papers 2020-01, Department of Economics, Williams College.
- William Chen & Gregory Phelan, 2021. "Should Monetary Policy Target Financial Stability?," Department of Economics Working Papers 2021-12, Department of Economics, Williams College.
- William Chen & Gregory Phelan, 2023.
"Should Monetary Policy Target Financial Stability,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 49, pages 181-200, July.
- William Chen & Gregory Phelan, 2022. "Online Appendix to Should Monetary Policy Target Financial Stability"," Online Appendices 21-244, Review of Economic Dynamics.
- Viral V. Acharya & Guillaume Plantin, 2019.
"Monetary Easing, Leveraged Payouts and Lack of Investment,"
NBER Working Papers
26471, National Bureau of Economic Research, Inc.
- Acharya, Viral & Plantin, Guillaume, 2022. "Monetary Easing, Leveraged Payouts and Lack of Investment," CEPR Discussion Papers 14958, C.E.P.R. Discussion Papers.
- Segura, Anatoli & Villacorta, Alonso, 2023. "The paradox of safe asset creation," Journal of Economic Theory, Elsevier, vol. 210(C).
- Luck, Stephan & Schempp, Paul, 2023. "Inefficient liquidity creation," Journal of Financial Intermediation, Elsevier, vol. 53(C).
- Guillaume Plantin & Viral Acharya, 2018. "Monetary Easing, Investment and Financial Instability," SciencePo Working papers hal-03393126, HAL.
- Greg Buchak & Gregor Matvos & Tomasz Piskorski & Amit Seru, 2024.
"Aggregate Lending and Modern Financial Intermediation: Why Bank Balance Sheet Models Are Miscalibrated,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 38(1), pages 239-287.
- Greg Buchak & Gregor Matvos & Tomasz Piskorski & Amit Seru, 2023. "Aggregate Lending and Modern Financial Intermediation: Why Bank Balance Sheet Models Are Miscalibrated," NBER Chapters, in: NBER Macroeconomics Annual 2023, volume 38, pages 239-287, National Bureau of Economic Research, Inc.
- Greg Buchak & Gregor Matvos & Tomasz Piskorski & Amit Seru, 2023. "Aggregate Lending and Modern Financial Intermediation: Why Bank Balance Sheet Models are Miscalibrated," NBER Working Papers 31484, National Bureau of Economic Research, Inc.
- Eduardo Dávila & Ansgar Walther, 2023.
"Prudential Policy with Distorted Beliefs,"
American Economic Review, American Economic Association, vol. 113(7), pages 1967-2006, July.
- Walther, Ansgar & Dávila, Eduardo, 2021. "Prudential Policy with Distorted Beliefs," CEPR Discussion Papers 16197, C.E.P.R. Discussion Papers.
- Dávila, Eduardo & Walther, Ansgar, 2021. "Prudential policy with distorted beliefs," ESRB Working Paper Series 130, European Systemic Risk Board.
- Eduardo Dávila & Ansgar Walther, 2022. "Prudential Policy with Distorted Beliefs," Cowles Foundation Discussion Papers 2336, Cowles Foundation for Research in Economics, Yale University.
- Eduardo Dávila & Ansgar Walther, 2021. "Prudential Policy with Distorted Beliefs," NBER Working Papers 28879, National Bureau of Economic Research, Inc.
- Bengui, Julien & Bianchi, Javier, 2022.
"Macroprudential policy with leakages,"
Journal of International Economics, Elsevier, vol. 139(C).
- Julien Bengui & Javier Bianchi, 2018. "Macroprudential Policy with Leakages," NBER Working Papers 25048, National Bureau of Economic Research, Inc.
- Bengui, Julien & Bianchi, Javier, 2019. "Macroprudential Policy with Leakages," CEPR Discussion Papers 13951, C.E.P.R. Discussion Papers.
- Julien Bengui & Javier Bianchi, 2018. "Macroprudential Policy with Leakages," Working Papers 754, Federal Reserve Bank of Minneapolis.
- Haselmann, Rainer & Singla, Shikhar & Vig, Vikrant, 2022. "Supranational supervision," LawFin Working Paper Series 46, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
- Emmanuel Farhi & Jean Tirole, 2021.
"Shadow Banking and the Four Pillars of Traditional Financial Intermediation [Securitization without Risk Transfer],"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(6), pages 2622-2653.
- Farhi, Emmanuel & Tirole, Jean, 2017. "Shadow Banking and the Four Pillars of Traditional Financial Intermediation," CEPR Discussion Papers 12373, C.E.P.R. Discussion Papers.
- Emmanuel Farhi & Jean Tirole, 2018. "Shadow Banking and the Four Pillars of Traditional Financial Intermediation," EconPol Working Paper 16, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Emmanuel Farhi & Jean Tirole, 2017. "Shadow Banking and the Four Pillars of Traditional Financial Intermediation," NBER Working Papers 23930, National Bureau of Economic Research, Inc.
- Emmanuel Farhi & Jean Tirole, 2021. "Shadow banking and the four pillars of traditional financial intermediation," Post-Print hal-03545828, HAL.
- Dwyer, Gerald P. & Hasman, Augusto & Samartín, Margarita, 2022.
"Surety bonds and moral hazard in banking,"
Journal of Financial Stability, Elsevier, vol. 62(C).
- Gerald P. Dwyer & Augusto Hasman & Margarita SamartÃn, 2020. "Surety bonds and moral hazard in banking," CAMA Working Papers 2020-104, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Retselisitsoe I. Thamae & Nicholas M. Odhiambo, 2022.
"The impact of bank regulation on bank lending: a review of international literature,"
Journal of Banking Regulation, Palgrave Macmillan, vol. 23(4), pages 405-418, December.
- Thamae, Retselisitsoe I & Odhiambo, Nicholas M, 2022. "The impact of bank regulation on bank lending: A review of international literature," Working Papers 29837, University of South Africa, Department of Economics.
- Maxime Delabarre, 2021. "FinTech in the Financial Market," SciencePo Working papers Main hal-03107769, HAL.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:spmain:hal-03792101. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Contact - Sciences Po Departement of Economics (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.