Understanding Bank Runs: The Importance of Depositor-Bank Relationships and Networks

By Rajkamal Iyer, Manju Puri. 2012

431 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/175d8b97662425c422bcc67b67d65c22d853e4cd

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Citations in the corpus

The Relationship between Liquidity Risk and Credit Risk in Banks (2014, background): “Extensions of these models show that risky bank assets together with uncertainty about the economy’s liquidity needs spark bank runs based on pure panic (Samartín, 2003; Iyer and Puri, 2012).”
Runs on Money Market Mutual Funds (2016, background): “Third, similar to Kelly and Ó Gráda (2000), Ó Gráda and White (2003), and Iyer and Puri (2012), we identify investor characteristics which are linked to runs, and consider dynamic interactions between dif- ferent types of investors in a strategic setting.”
Double Bank Runs and Liquidity Risk Management (2016, neutral): “19 In Iyer and Peydró (2011) depositors know about the interbank exposure of their bank to a failed bank partially through voluntary disclosure by banks, partially through monitoring (Calomiris and Kahn, 1991), and partially via rumors and word-of-mouth (Kelly and Grada, 2000; Iyer and Puri ,2012).”
A Crisis of Banks as Liquidity Providers: A Crisis of Banks as Liquidity Providers (2015, neutral): “For example, Iyer and Puri (2012) show that depositors ran from a fundamentally sound bank when a nearby bank failed and that deposit insurance was only partly successful at limiting outflows of insured deposits.”
Banking on Trust: How Debit Cards Enable the Poor to Save More (2017, background): “…shown to be key to stock market participation (Guiso, Sapienza, and Zingales, 2008), use of checks instead of cash (Guiso, Sapienza, and Zingales, 2004), and decisions to not withdraw deposits from nancial institutions in times of nancial crisis (Iyer and Puri, 2012; Sapienza and Zingales, 2012).”
Where the Risks Lie: A Survey on Systemic Risk (2017, neutral): “Jeanne and Korinek (2013) study a similar trade-off between distortive ex ante measures and potentially costly ex post solutions in the context of macroprudential regulation.”
Social Networks and Housing Markets (2018, neutral): “…and Vig, 2013), loan repayment (Breza, 2015; Breza and Chandrasekhar, 2015), foreign exchange trading (Heimer and Simon, 2012), bank runs (Iyer and Puri, 2012), venture capital funding (Hochberg, Ljungqvist and Lu, 2007), managerial decision making (Shue, 2013; Leary and Roberts, 2014),…”
Peer-to-Peer Crowdfunding: Information and the Potential for Disruption in Consumer Lending (2015, neutral): “…facilitate advantages in screening and reductions in moral hazard (Petersen and Rajan (1994), Boot and Thakor (2000), Berger and Udell (2002), Petersen (2004), Berger, Miller, Petersen, Rajan, and Stein (2005), Stein (2002), Karlan (2007), Iyer and Puri (2012), Schoar (2014) and many others).”
The roles of alternative data and machine learning in fintech lending: Evidence from the LendingClub consumer platform (2019, background): “…in borrower screening and can reduce information asymmetries in banking — see Petersen and Rajan (1994); Boot and Thakor (2000); Berger and Udell (2002); Petersen (2004); Berger, Miller, Petersen, Rajan and Stein (2005); Stein (2002), Karlan(2007); Iyer and Puri (2012); and Schoar (2012).”
A Tale of Two Runs: Depositor Responses to Bank Solvency Risk (2014, neutral): “…1998; Billett, Garfinkel, and O’Neal, 1998; Martinez-Peria and Schmukler, 2001; Goldberg and Hudgins, 2002; Bennett, Hwa and Kwast, 2014).4 However, the empirical literature also finds some runs are partly driven by panic, not just fundamentals (Calomiris and Mason, 1997; Iyer and Puri, 2012).”
Do fintech lenders penetrate areas that are underserved by traditional banks? (2018, background): “…and reduce information asymmetries in banking — see, for example, Petersen and Rajan (1994); Boot and Thakor (2000); Berger and Udell (2002); Liberti and Petersen (2017); Berger, Miller, Petersen, Rajan, and Stein (2005); Stein (2002); Karlan (2007); Iyer and Puri (2012); and Schoar (2014).”