What do financial intermediaries do

By Franklin Allen, Anthony M. Santomero. 2001

541 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/fbe93bd1ca6834c9770a9e1822535d2dffbb2dd7

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

Testing for Opaqueness in the European Banking Industry: Evidence from Bond Credit Ratings (2006, unknown): “Moreover, banking systems may perform different functions in the US and in Europe ( Allen and Santomero 1998, 2001 ).”
A lost century in economics: Three theories of banking and the conclusive evidence☆ (2016, background): “Examples are Keynes (1936); Gurley and Shaw (1955); Tobin (1963, 1969); Sealey and Lindley (1977); Diamond and Dybvig (1983); Baltensperger (1980); Diamond (1984, 1991, 1997); Eatwell, Milgate, and Newman (1989); Gorton and Pennacchi (1990); Bencivenga and Smith (1991); Bernanke and Gertler (1995), ”
Do Banks Benefit from Internationalization? Revisiting the Market Power-Risk Nexus (2013, unknown): “Hence, our results are in line with theoretical models by Allen and Gale (2004) or the margin effect stressed in Martinez-Miera and Repullo (2008).”
Can Banks Individually Create Money Out of Nothing? – The Theories and the Empirical Evidence (2014, background): “…Pennacchi (1990), Bencivenga and Smith (1991), Bernanke and Gertler (1995), Rajan (1998), Myers and Rajan (1998), Allen and Gale (2000, 2004a,b), Allen and Santomero (2001), Diamond and Rajan (2001), Kashyap, Rajan, and Stein (2002), Hoshi and Kashyap (2004), Matthews and Thompson (2005), Casu…”
An empirical analysis of macroeconomic and bank-specific factors affecting liquidity of Indian banks (2016, background): “However, an unexpected increase in liquidity demand forces banks to sell their illiquid assets at lower prices resulting in losses and increased risk (Allen & Gale, 2004; Allen & Santomero, 2001).”
Emergence of Financial Intermediaries in Electronic Markets: The Case of Online P2P Lending (2009, unknown): “Within the financial services industry, the debate about disintermediation and the future relevance of financial intermediaries (Allen and Santomero 2001, Nellis, McCaffery, and Hutchinson 2000, Schmidt, Hackethal, and Tyrell 1999) is fueled by the increasing role of electronic lendingmarkets (P2P…”