How Big Banks Fail and What to Do about It

By Darrell Duffie. 2010

144 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/513c671d6782b01790322fcfb20a889530578648

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Finance

Citations in the corpus

Toward a Run-Free Financial System (2014, background): “The concept that the financial crisis was, centrally, a run in the "shadow banking system," and the features of the financial contracts that suffered runs, are well described by Darrell Duffie (2010a, 2010b) and Gary Gorton and Andrew Metrick (2012).”
The Tri-Party Repo Market before the 2010 Reforms (2010, unknown): “The similarities between financing securities with repo contracts and banking have been pointed out in several papers (see Duffie 2010, Gorton and Metrick 2009, Martin, Skeie, and von Thadden 2010).”
Sizing Up Repo (2014, unknown): “We also compare the terms of the Fed facilities versus market terms.”
Working Paper # 0001 January 5 , 2012 A Survey of Systemic Risk Analytics (2012, unknown): “In Duffie’s (2011) proposal, a regulator would collect and analyze information concerning the exposures of N “important” institutions to M defined stress scenarios.”
Arbitrage Crashes and the Speed of Capital (2012, unknown): “Defining leverage as long market value of convertible securities divided by the fund’s NAV, leverage between 4 and 6 was considered normal in 8 See the often cited research by Brennan and Schwartz (1988), Green (1984), Mayers (1998), and Stein (1992) among numerous other theoretical papers on conver”
The 'Greatest' Carry Trade Ever? Understanding Eurozone Bank Risks (2013, unknown): “These banks might have larger portfolios due to this specific function (Duffie, 2011).”
Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Expensive (2013, background): “As mentioned in Duffie (2010), regulators might be able to force banks to increase equity capital through mandatory rights offerings.”
Counterparty Risk and Funding: A Tale of Two Puzzles (2014, background): “…of CCPs and collateralization also poses a severe liquidity constraint on the market, as well as serious systemic and concentration risk issues (see Duffie (2010), Cont and Kokholm (2012), Cont, Mondescu, and Yu (2011), Cont, Santos, and Moussa (2013), Singh and Aitken (2009), Singh (2010), Levels…”