Rollover Risk and Market Freezes

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Manufacturing Tail Risk: A Perspective on the Financial Crisis of 2007-09 (2010, unknown): “It is indeed the case that when a large number of economic agents de-lever at once, market prices will reflect liquidity discounts (Allen and Gale, 2007) and short-term creditors will “run” as debt capacity of assets deteriorates due to the market-driven discounts (Acharya et al., 2008).”
Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis (2018, unknown): “2See Diamond (1991) and Acharya et al. (2011).”
Systemic Risk and Bank Size (2018, unknown): “A Pigouvian tax has also been proposed to force systemically important financial institutions (SIFIs) to internalise the costs of crises and thus reduce their severity (see Morris and Shin, 2008; Acharya et al., 2011, 2017; Bosma, 2016).”
Rollover Risk, Network Structure and Systemic Financial Crises (2012, unknown): “Prominent among these is Acharya et al. (2011) who also highlight the role played by information arrival relative to rollover frequency.”