Browsing Faculty of Arts and Sciences by Keyword "banks"

Now showing items 1-3 of 3

    • Asset Fire Sales and Credit Easing 

      Shleifer, Andrei; Vishny, Robert W. (American Economic Association, 2010)

    • Consumer Financial Protection 

      Campbell, John Y.; Jackson, Howell Edmunds; Madrian, Brigitte C.; Tufano, Peter (American Economic Association, 2011)
      The recent financial crisis has led many to question how well businesses deliver services and how well regulatory institutions address problems in consumer financial markets. This paper discusses consumer financial regulation, ...

    • Neglected Risks, Financial Innovation, and Financial Fragility 

      Gennaioli, Nicola; Shleifer, Andrei; Vishny, Robert (Elsevier, 2012)
      We present a standard model of financial innovation, in which intermediaries engineer securities with cash flows that investors seek, but modify two assumptions. First, investors (and possibly intermediaries) neglect certain ...