Bank Runs, Deposit Insurance, and Liquidity
This paper shows that bank deposit contracts can provide allocations superior to those of exchange markets, offering an explanation of how banks subject to runs can attract depo...
Publications
3 shownFinancial Intermediation and Delegated Monitoring
This paper develops a theory of financial intermediation based on minimizing the cost of monitoring information which is useful for resolving incentive problems between borrower...
Frequent Co-Authors
Researcher Info
- h-index
- 3
- Publications
- 3
- Citations
- 17,757
- Institution
- University of Chicago
External Links
Identifiers
- ORCID
- 0000-0002-1625-502X
Impact Metrics
h-index
3
h-index: Number of publications with at least h citations each.