655 Knight Way
Stanford, CA 94305-7298
United States
Stanford University - Knight Management Center
SSRN RANKINGS
in Total Papers Downloads
in Total Papers Citations
Anti-trust, Cryptocurrency, Competition, Decentralization, Distributed Ledger, FinTech, Incomplete Contracts, Collusion, Information, Repeated Games.
Arms Race, Bitcoin, Blockchain, Energy Consumption, Industrial Organization, Mining Pools, PoW, Risk-Sharing
Wealth transfer, short-term debt crisis, underinvestment, endogenous default
Liquidity, Delegation, Financial Intermediation, Crises, Financial Friction, Constraints
Local Government Financing Vehicles, Municipal Corporate Bonds, Shadow Banking in China, Railroad Finance, Trust Companies
Keywords: Local Government Financing Vehicles, Municipal Corporate Bonds, Political Cycle, Shadow Banking in China, Railroad Finance, Trust Companies
Pledgeability, haircut, repo, interbank and exchange markets, enterprise bonds, shadow cost of capital
Continuous-time Contracting, Capital Structure, CARA (Exponential) Preference, Firm Growth, Size-Heterogeneity, Pay-Performance Sensitivity.
Fire Sales, Leverage, Financial Crisis, Margin Trading, Shadow Financing
Information Technology, Small Business Lending, Mortgage Refinance, Communication Equipment, Software, Hard and Soft Information
margin trading, leverage management, liquidation policy, contagion
Economic reform, Development, Financial markets, Implicit guarantee, Fintech
This is a National Bureau of Economic Research Paper. NBER charges a fee of $5.00 for this paper.
File name: nber.pdf Size: 0K
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.
executive compensation, optimal contracting, learning, uncertainty, risk-incentive trade-off
Executive compensation, optimal contracting, learning, uncertainty, risk-incentive trade-off
Ambiguity aversion, Blockchain, Byzantine fault tolerance, Distributed consensus
Ambiguity aversion, Blockchain, Byzantine fault tolerance, Distributed consensus, Game theory, Higher-order beliefs
Short-term Debt Crisis, Endogenous Default, Flight to Quality, Liquidity Spillover, Debt Maturity Structure
Open Banking, Data Sharing, Banking Competition, Digital Economy, Winner’s Curse, Privacy, Precision Marketing
Open banking, Data sharing, Banking competition, Digital economy, Winner’s curse, Privacy, Precision marketing
Liquidity, Hedge Funds, Delegation, Financial Institutions
Executive Compensation, Moral Hazard, Bayesian Learning, Hidden Information, Belief Manipulation, Private Savings, Continuous Time, Stock Options
executive compensation, moral hazard, Bayesian learning, hidden information, belief manipulation, private savings, continuous time, stock options
Rollover Risk, Debt Crisis, Dynamic Coordination
D8, G2
Liquidity, LTCM Crisis, Subprime Crisis, Delegated Portfolio Management, Financial Institutions, Asset Pricing, Collateral, Credit
Executive Compensation, Continuous-time Contracting, Performance-Based Stock Grants
G32, D82, E2
Cross-border Flows, Insider Trading, Northbound-Southbound, See-through Surveillance, Regulatory Arbitrage
Political uncertainty, Housing, Land lease, Asset pricing, Reneging risk
CEO compensation, Capital budgeting, Cost of Capital, Corporate governance, Economic reform, Transition economy
Pecuniary externality, overinvestment and underinvestment, market intervention
Cross-signalling, Multi-dimensional Pricing System, Risk Management, Bank Loan Sales.
Positive Feedback, Fundamental and Liquidity, Over-The-Counter Market, Secondary Bond Market, Structural Models for Credit Risk, Transaction Cost for Corporate Bonds, Bid-Ask Spread
Municipal Finance, Land Zoning, Municipal Corporate Bonds, Tax Sharing, Housing Markets
Nontransaction Deposits, Liquidity Crisis, Funding Imbalance, Liability Management, Loan Commitments
Institutional Frictions, Negatively Skewed Risk, Tracking Error Constraints, Market Segmentation
Bank runs, learning, information acquisition, belief heterogeneity, asynchronous awareness, temporal coordination, stress tests
Share pledging, Loans, Entrepreneurship, Listed firms, Economic growth
Maturity Structure, Dynamic Structural Models, Endogenous Default, No Commitment, Debt Rollover
Blockchain, Byzantine Fault Tolerance, Consensus, Ethereum, Explorer, Proof-Of-Stake
Continuous-time Contracting, Poisson Process, Wealth Effect, Cost of High-Powered Incentives
Financial intermediation, Debt runs, Shadow banking, Dynamic model, Money
Credit market competition, Common value auction with asymmetric bidders, Winner’s curse, Specialization, Information acquisition
Convenience yield, Liquidity, Seasoned and Newly Issued MBS, Prepayment, Monetary Policy
Information Technology, Intermediation, Directed Search, Adverse Selection, Originate to Distribute, Monitoring the Monitor