Liquidity, Efficiency and Bank Bailouts
By Gary B. Gorton, Lixin Huang. 2004
284 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/65fbb99b499dd01d6161d51608588f4e9860b4a5
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
- Elena Carletti
- Franklin Allen
- Douglas Gale
- Thomas Philippon
- Patrick Bolton
- Tano Santos
- Max Bruche
- Vasiliki Skreta
In Finance
- Elena Carletti
- Franklin Allen
- Douglas Gale
- Thomas Philippon
- Patrick Bolton
- Tano Santos
- Vasiliki Skreta
- Jose A. Scheinkman
Citations in the corpus
- Liquidity, Bank Runs and Bailouts: Spillover Effects during the Northern Rock Episode (2010, unknown): “Losses and other difficulties can spill over to the rest of the system through various channels, such as direct exposures via interbank linkages (Allen and Gale 2000); information spillover, where difficulties of one bank can be interpreted as a bad signal for the soundness of other banks (Chen 1999”
- Interbank market liquidity and central bank intervention (2009, background): “Other papers where markets for liquidation do not work properly or are absent and some form of government intervention may improve efficiency are Holmstrom and Tirole (1998), Gorton and Huang (2004, 2006), Diamond and Rajan (2005, 2008), and Acharya and Yorulmazer (2008).”
- Transmission channels of systemic risk and contagion in the European financial network (2015, unknown): “…(James 1991) and examined extreme interconnectedness (Ongena and Smith 2000; Caballero and Simsek 2013 inter alia ) and ways to improve the stability of the financial system during turmoil periods (Gorton and Huang 2004 and 2006; Diamond and Rajan 2005), through financial interrelationships.”
- Inside and Outside Liquidity (2008, background): “We thank Rafael Repullo for many conversations on this topic and participants at the Columbia Finance Lunch for their comments.”