Toward a Run-Free Financial System

By John H. Cochrane. 2014

110 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/2d6a1c91cc22ea450e8bdfb4722390cf67dbfadc

Citations in the corpus

• An SPDE model for systemic risk with endogenous contagion (2018, unknown): “versofthecrisis. Indeed,itiswidelyacceptedthat—uptoanorderofmagnitude—theextentofthe crisiscannotbeexplainedbysimplereferencestoexogenousshockssuchasthedevaluation ofmortgage-backedsecurities(Cochrane[Coc14],Brunnermeier[Bru09],Hellwig[Hel09]). Instead,theseshocksareunderstoodtohaveunfoldedintoaspir”
• The FinTech Opportunity (2016, unknown): “As Cochrane (2014) argues, however, there are non-technological impediments, most notably with accounting and taxes, since these transactions would generate capital gains.”