Incentives to Innovate and Financial Crises

By Anjan V. Thakor. 2012

172 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/3012e66b20b436c26219db9343b1534c154f3c06

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Anjan V. Thakor

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Citations in the corpus

Banks’ size, scope and systemic risk: What role for conflicts of interest? (2015, unknown): “The differences between the impact of a change in diversification are reported in the high-low column and indicate that the impact of an increase in diversification is always This empirical finding is consistent with Thakor (2012)’s model in which a profitable innovation may be a source of instabili”
Stress-Testing Macro Stress Testing: Does it Live Up to Expectations? (2012, unknown): “2 Thakor (2011) shows that banks can have strong incentives to provide loans for which there is not sufficient data to assess risks fully.”
Bank Capital and Financial Stability: An Economic Trade-Off or a Faustian Bargain? (2014, background): “Another way that the bank’s capital structure can directly impact the bank’s cash flows is if core deposits produce rents for banks as a result of the provision of liquidity aswell as transactions and other services to depositors10 (formodels along these lines, see Song&Thakor 2007, Allen&Carletti 2”
The Financial Crisis of 2007–2009: Why Did It Happen and What Did We Learn? (2015, unknown): “Song and Thakor (2012) provide a theory of how politics shapes bank regulation. complexity of regulations and impede the implementation of simple regulatory rules, making the response of regulated institutions to regulations less predictable than in theoretical models and generating another…”
Fintech and banking: What do we know? (2019, unknown): “Fintech is part of the process of evolving financial innovation, which has theoretically been shown to be risky but of value (e.g. Thakor (2012)), with supporting recent evidence that it yields substantial value to investors (see Chen, et. al (2019)).”
How Does Capital Affect Bank Performance During Financial Crises (2013, unknown): “Thus, market-share arguments have also influenced regulatory thinking about capital requirements. provided by incentive-based theories such as Holmstrom and Tirole (1997), Acharya, Mehran, and Thakor (2011), Allen, Carletti, and Marquez (2011), Mehran and Thakor (2011), and Thakor (2012).”