Money in a Theory of Banking
By Douglas W. Diamond, Raghu Rajan. 2003
247 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/9293c9ed25f98266e77345326043ba8f0636e318
How researchers see this paper
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In Economics and Econometrics
- José-Luis Peydró
- Ignazio Angeloni
- Ester Faia
- Steven R. G. Ongena
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- Jesús Saurina
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In Finance
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Citations in the corpus
- Macroprudential Policy, Countercyclical Bank Capital Buffers, and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments (2017, background): “3 As in Guttentag and Herring (1984), Rajan (1994), Holmstrom and Tirole (1997), Berger and Udell (2004), Ruckes (2004), Dell’Ariccia and Marquez (2006), Diamond and Rajan (2006), Allen and Gale (2007), Adrian and Shin (2011), Gersbach and Rochet (2012) and Harris et al. (2015).”
- Capital Regulation, Risk-Taking and Monetary Policy: A Missing Link in the Transmission Mechanism? (2012, unknown): “For example, for an analysis that focuses more on the transactions role of bank deposits, while still building on informational imperfections, see Diamond and Rajan (2006).”
- Moral hazard and adverse selection in the originate-to-distribute model of bank credit (2009, unknown): “Drucker and Puri (2008) show that borrowers whose loans are liquid in the secondary market have an increased access to debt capital, and, surprisingly, more durable lending relationships, since they are more likely to receive loans in the future from the original lenders.”
- The Financial Cycle and Macroeconomics: What Have We Learnt? (2014, background): “It was already evident following the experience of liberalisation in the Southern Cone countries of Latin America in the 1970s (eg, Diaz-Alejandro (1985), Baliño (1987)).”
- The I Theory of Money (2016, unknown): “This monetary transmission channel works primarily through capital gains, as in the asset pricing channel promoted by Tobin (1969) and Brunner and Meltzer (1972).”
- Capital regulation and monetary policy with fragile banks (2013, background): “Diamond and Rajan [28] provide a first attempt to integrate banks and bank runs in a monetary model.”
- Bank Runs and Institutions: The Perils of Intervention (2009, background): “[11]Diamond, Douglas W. and Raghuram G. Rajan, Money in a theory of banking, American Economic Review 96 (2006), 30-53.”
- The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach‐for‐Yield, and Real Effects (2017, unknown): “Nevertheless, real effects of monetary policy through the banking sector may be crucial, as shown by recent theoretical papers (Diamond and Rajan (2006), Gertler and Kiyotaki (2010), Kiyotaki and Moore (2012), Gertler and Karadi (2011)).”
- Liquidity Shocks and Asset Price Boom/Bust Cycles (2007, unknown): “Recently, Diamond and Rajan (2006) have introduced the " liquidity version " of the bank lending channel relaxing some of the restrictive assumptions.”
- Capital Regulation, Risk-Taking and Monetary Policy: A Missing Link in the Transmission Mechanism? (2008, unknown): “on the transactions role of bank deposits, while still building on informational imperfections, see Diamond and Rajan (2006).”
- Monetary Intervention Mitigated Banking Panics during the Great Depression: Quasi‐Experimental Evidence from a Federal Reserve District Border, 1929–1933 (2009, unknown): “See Diamond and Rajan (2005, 2006).”
- The Impact of Supply Constraints on Bank Lending in the Euro Area - Crisis Induced Crunching? (2010, background): “…the net worth of the borrower and/or the lender is of crucial importance for loan supply, and for the ability of monetary policy to affect the provision of credit (see e.g. Bernanke and Blinder, 1988; Bernanke and Gertler, 1995; Bernanke, Blinder and Gilchrist, 1999; Diamond and Rajan, 2006).”
- Trusting the Bankers: A New Look at the Credit Channel of Monetary Policy (2015, unknown): “…time, monetary policy may also affect aggregate output and prices by influencing loan supply — the credit channel of monetary policy (Bernanke & Gertler, 1995; Bernanke and Blinder, 1988 and 1992; Diamond and Rajan, 2006 and 2009; Bernanke 2007; Gertler and Karadi, 2009; Adrian and Shin, 2009).”