Raluca A. Roman

Federal Reserve Bank of Philadelphia

Ten Independence Mall

Philadelphia, PA 19106-1574

United States

SCHOLARLY PAPERS

25

DOWNLOADS
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Top 10,067

in Total Papers Downloads

6,783

SSRN CITATIONS
Rank 5,972

SSRN RANKINGS

Top 5,972

in Total Papers Citations

162

CROSSREF CITATIONS

59

Scholarly Papers (25)

1.
Downloads 885 ( 38,189)
Citation 29

Internationalization and Bank Risk

Management Science, Forthcoming
Number of pages: 57 Posted: 05 Nov 2014 Last Revised: 30 Jan 2016
University of South Carolina - Darla Moore School of Business, University of Alberta - Campus Saint-Jean, University of South Carolina - Moore School of Business and Federal Reserve Bank of Philadelphia
Downloads 701 (51,576)
Citation 5

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Risk, Internationalization, Banking, Financial Crises, Corporate Governance

Internationalization and Bank Risk

Federal Reserve Bank of Kansas City Working Paper No. 15-08
Number of pages: 56 Posted: 18 Sep 2015
University of South Carolina - Darla Moore School of Business, University of Alberta - Campus Saint-Jean, University of South Carolina - Moore School of Business and Federal Reserve Bank of Philadelphia
Downloads 94 (379,842)
Citation 15

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Risk, Internationalization, Banking, Financial Crises, Corporate Governance

Internationalization and Bank Risk

Federal Reserve Bank of Kansas City Working Paper No. 15-08
Number of pages: 56 Posted: 22 Nov 2015
Federal Reserve Bank of Philadelphia, University of South Carolina - Darla Moore School of Business, University of Alberta - Campus Saint-Jean and University of South Carolina - Moore School of Business
Downloads 90 (390,573)
Citation 16

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Risk, Internationalization, Banking, Financial Crises, Corporate Governance

2.

Is a Friend in Need a Friend Indeed? How Relationship Borrowers Fare during the COVID-19 Crisis

Kelley School of Business Research Paper No. 2021-01
Number of pages: 59 Posted: 28 Dec 2020 Last Revised: 08 Aug 2022
University of South Carolina - Darla Moore School of Business, Texas A&M University, Getulio Vargas Foundation (FGV) - Brazilian School of Public and Business Administration (EBAPE), Federal Reserve Bank of Philadelphia, Indiana University - Kelley School of Business - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 676 (54,903)
Citation 5

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Banks, bank loans, relationship lending, loan contract terms, financial crises, COVID-19, Paycheck Protection Program (PPP)

3.

Did TARP Banks Get Competitive Advantages?

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 73 Posted: 28 May 2013 Last Revised: 15 Aug 2014
Allen N. Berger and Raluca A. Roman
University of South Carolina - Darla Moore School of Business and Federal Reserve Bank of Philadelphia
Downloads 565 (68,839)
Citation 22

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TARP, Banks, Bailouts, Capital support, Competition

4.

Lending Implications of U.S. Bank Stress Tests: Costs or Benefits?

Journal of Financial Intermediation, Forthcoming
Number of pages: 62 Posted: 24 May 2017 Last Revised: 18 Aug 2017
ProfessorNew York University - Leonard N. Stern School of Business, University of South Carolina - Darla Moore School of Business and Federal Reserve Bank of Philadelphia
Downloads 552 (70,900)
Citation 45

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Bank Stress Tests, SCAP, CCAR, Regulatory Disclosure, Lending, Risk

5.

Did TARP Reduce or Increase Systemic Risk? The Effects of Government Aid on Financial System Stability

Journal of Financial Intermediation, Forthcoming
Number of pages: 63 Posted: 30 Sep 2016 Last Revised: 12 Jan 2019
Allen N. Berger, Raluca A. Roman and John Sedunov
University of South Carolina - Darla Moore School of Business, Federal Reserve Bank of Philadelphia and Villanova University - Department of Finance
Downloads 492 (81,707)
Citation 25

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Government Assistance, TARP, Banks, Systemic risk, Financial Crises.

Investor Activism Effects in Banking: Is Activism Beneficial for Bank Shareholders, Creditors, and the Public?

Number of pages: 78 Posted: 24 Sep 2014 Last Revised: 09 Feb 2016
Raluca A. Roman
Federal Reserve Bank of Philadelphia
Downloads 247 (172,759)

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banking, shareholder activism, corporate governance, financial stability, financial crises

Shareholder Activism in Banking

Federal Reserve Bank of Kansas City Working Paper No. 15-09
Number of pages: 79 Posted: 18 Sep 2015
Raluca A. Roman
Federal Reserve Bank of Philadelphia
Downloads 206 (205,598)
Citation 1

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banking, shareholder activism, financial stability, financial crises

7.

Did Saving Wall Street Really Save Main Street? The Real Effects of TARP on Local Economic Conditions

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 77 Posted: 27 May 2014 Last Revised: 09 Feb 2016
Allen N. Berger and Raluca A. Roman
University of South Carolina - Darla Moore School of Business and Federal Reserve Bank of Philadelphia
Downloads 444 (92,288)
Citation 23

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TARP, Banks, Capital Support, Economic Conditions

8.

The Effects of Cultural Values on Bank Failures Around the World

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 67 Posted: 25 Aug 2017 Last Revised: 08 Nov 2019
Allen N. Berger, Xinming Li, Charles Morris and Raluca A. Roman
University of South Carolina - Darla Moore School of Business, University of South Carolina, Darla Moore School of Business, Department of Finance, Federal Reserve Bank of Kansas City and Federal Reserve Bank of Philadelphia
Downloads 351 (120,620)
Citation 3

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Banking, Failure, Culture, Individualism, Masculinity, Risk

9.

Bank Bailouts, Bail-Ins, or No Regulatory Intervention? A Dynamic Model and Empirical Tests of Optimal Regulation and Implications for Future Crises

Number of pages: 73 Posted: 24 May 2018 Last Revised: 27 May 2021
University of South Carolina - Darla Moore School of Business, Goldman, Sachs & Co., Federal Reserve Bank of Philadelphia and University of South Carolina - Darla Moore School of Business
Downloads 337 (126,119)
Citation 9

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Banks, Bailouts, Bail-Ins, OLA, Bankruptcy, Regulation, Capital Structure, Crises

10.

Geographic Deregulation and Bank Capital Structure

Number of pages: 59 Posted: 24 May 2018 Last Revised: 10 May 2022
Allen N. Berger, Özde Öztekin and Raluca A. Roman
University of South Carolina - Darla Moore School of Business, Florida International University (FIU) and Federal Reserve Bank of Philadelphia
Downloads 278 (154,072)
Citation 6

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Competition, Deregulation, Banking, Capital Structure, Adjustment Speed

11.

Deregulation and Banks’ Cost of Equity Capital

Journal of International Money and Finance, Forthcoming
Number of pages: 60 Posted: 03 Dec 2018 Last Revised: 10 Sep 2021
University of South Carolina - Darla Moore School of Business, University of Alberta - Campus Saint-Jean, University of South Carolina - Moore School of Business and Federal Reserve Bank of Philadelphia
Downloads 229 (186,303)

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Bank Deregulation, Cost of Equity Capital, Risk, Acquisitions, M&As, Market Discipline.

12.

Piercing through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses during Normal Times and the COVID-19 Crisis

Number of pages: 99 Posted: 20 Apr 2021 Last Revised: 29 Apr 2022
University of South Carolina - Darla Moore School of Business, Texas A&M University, Getulio Vargas Foundation (FGV) - Brazilian School of Public and Business Administration (EBAPE), Federal Reserve Bank of Philadelphia, Indiana University - Kelley School of Business - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 223 (191,035)

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Credit cards, household finance, consumers, small businesses, relationship lending, banks, credit terms, cross-sectional smoothing, financial crises, COVID-19, intertemporal smoothing

13.

Does Efficiency Help Banks Survive and Thrive during Financial Crises?

Journal of Banking and Finance, 2019, Vol. 106, 445-460.
Number of pages: 55 Posted: 18 May 2017 Last Revised: 29 Sep 2019
Albert Assaf, Allen N. Berger, Raluca A. Roman and Mike Tsionas
University of Massachusetts Amherst, University of South Carolina - Darla Moore School of Business, Federal Reserve Bank of Philadelphia and Lancaster University
Downloads 200 (211,417)
Citation 4

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Banking, Efficiency, Financial Crises, Performance, Survival, Risk, Profitability

14.

Supervisory Enforcement Actions against Banks and Systemic Risk

Journal of Banking and Finance, Forthcoming
Number of pages: 57 Posted: 10 Nov 2020 Last Revised: 06 Jul 2021
Allen N. Berger, Jin Cai, Raluca A. Roman and John Sedunov
University of South Carolina - Darla Moore School of Business, Sacred Heart University, Federal Reserve Bank of Philadelphia and Villanova University - Department of Finance
Downloads 168 (245,756)

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Enforcement actions, banks, systemic risk, leverage risk, financial crises

15.

Do Business Borrowers Benefit from Bank Bailouts? - The Effects of TARP on Loan Contract Terms

Number of pages: 63 Posted: 24 Feb 2016 Last Revised: 04 Jul 2017
Allen N. Berger, Tanakorn Makaew and Raluca A. Roman
University of South Carolina - Darla Moore School of Business, University of Southern California and Federal Reserve Bank of Philadelphia
Downloads 163 (252,137)
Citation 12

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Bailouts, TARP, Bank Loans, Loan Contracting, Contract Terms, Financial Crisis

16.

Whose Bailout Is It Anyway? Political Connections of Small Businesses vs. Banks in PPP Bailouts

Number of pages: 58 Posted: 16 Sep 2021 Last Revised: 19 May 2022
Allen N. Berger, Mustafa U. Karakaplan and Raluca A. Roman
University of South Carolina - Darla Moore School of Business, University of South Carolina, Darla Moore School of Business and Federal Reserve Bank of Philadelphia
Downloads 139 (286,645)

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Political Connections, Political Economy, Bailouts, Paycheck Protection Program (PPP), Small Businesses, Banks, COVID-19 Crisis

A Tale of Two Bailouts: Effects of TARP and PPP on Subprime Consumer Debt

Number of pages: 73 Posted: 30 Aug 2021 Last Revised: 10 Aug 2022
Allen N. Berger, Onesime Epouhe and Raluca A. Roman
University of South Carolina - Darla Moore School of Business, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 108 (348,476)

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Household Debt, Subprime Debt, Consumer Finance, Mortgages, Credit Cards, Banking, Bailouts, TARP, PPP, Global Financial Crisis, COVID-19 Crisis

A Tale of Two Bailouts: Effects of TARP and PPP on Subprime Consumer Debt

FRB of Philadelphia Working Paper No. 21-32
Number of pages: 70 Posted: 24 Sep 2021
Allen N. Berger, Onesime Epouhe and Raluca A. Roman
University of South Carolina - Darla Moore School of Business, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 27 (667,499)

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Household Debt, Subprime Consumer Debt, Banking, Bailouts, TARP, PPP, Financial

18.

Winners and Losers from Supervisory Enforcement Actions Against Banks

Journal of Corporate Finance, Forthcoming
Number of pages: 57 Posted: 21 Feb 2017 Last Revised: 29 Sep 2019
Raluca A. Roman
Federal Reserve Bank of Philadelphia
Downloads 132 (298,164)
Citation 2

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Enforcement Actions, Bank Lending, Financial Contracting, Financial Constraints, Small Businesses

Bank Stress Tests and Consumer Credit Markets: Credit and Real Impacts

Number of pages: 86 Posted: 05 Aug 2020 Last Revised: 09 Aug 2022
Sumit Agarwal, Xudong An, Larry Cordell and Raluca A. Roman
National University of Singapore, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 68 (459,659)

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Bank stress tests, household finance, consumer credit supply, spending, debt management, payment behavior, consumer credit performance, credit cards, mortgages

Bank Stress Test Results and Their Impact on Consumer Credit Markets

FRB of Philadelphia Working Paper No. 20-30
Number of pages: 84 Posted: 03 Aug 2020
Sumit Agarwal, Xudong An, Larry Cordell and Raluca A. Roman
National University of Singapore, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 63 (478,275)

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bank stress tests, credit supply, cost of credit, credit usage, credit performance, credit cards

20.

Unexpected Effects of Bank Bailouts: Depositors Need Not Apply and Need Not Run

Number of pages: 55 Posted: 02 Dec 2020
University of South Carolina - Darla Moore School of Business, Ghent University - Faculty of Economics and Business Administration, Federal Reserve Bank of Philadelphia and Ghent University - Centre for Russian International Socio-Political and Economic Studies (CERISE)
Downloads 71 (443,573)

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Bailouts, Banking, Depositor Behavior, Market Discipline, Bank Runs

21.

Bank Size and Household Financial Sentiment - Surprising Evidence from University of Michigan Surveys of Consumers

Leeds University Business School Working Paper No. 18-13
Number of pages: 57 Posted: 24 Jun 2018 Last Revised: 20 Jan 2020
Allen N. Berger, Felix Irresberger and Raluca A. Roman
University of South Carolina - Darla Moore School of Business, Durham University and Federal Reserve Bank of Philadelphia
Downloads 68 (453,800)
Citation 1

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Households, Financial Constraints, Financial Sentiment, Small Banks, Large Banks, Banking Market Structure

22.

Bank Size and Household Financial Sentiment: Surprising Evidence from the University of Michigan Surveys of Consumers

FRB of Philadelphia Working Paper No. 19-4
Number of pages: 69 Posted: 15 Jan 2019 Last Revised: 21 Feb 2019
Allen N. Berger, Felix Irresberger and Raluca A. Roman
University of South Carolina - Darla Moore School of Business, Durham University and Federal Reserve Bank of Philadelphia
Downloads 41 (567,142)

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households, financial sentiment, small banks, large banks, banking market structure

23.

Social Capital and Mortgages

Number of pages: 62 Posted: 22 Jul 2022
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Alberta - Campus Saint-Jean, University of South Carolina - Moore School of Business, University of California, Berkeley - Haas School of Business and Federal Reserve Bank of Philadelphia
Downloads 35 (599,388)

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consumer credit, mortgage approval, screening, loan performance, social capital, interpersonal connections, trust, banks, Fintech

24.

Piercing Through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses During Normal Times and the Covid-19 Crisis

FRB of Philadelphia Working Paper No. 21-19
Number of pages: 77 Posted: 02 Jun 2021 Last Revised: 18 Jun 2022
affiliation not provided to SSRN, Texas A&M University, Getulio Vargas Foundation (FGV) - Brazilian School of Public and Business Administration (EBAPE), Federal Reserve Bank of Philadelphia, Indiana University - Kelley School of Business - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 15 (751,856)

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Credit cards, household finances, consumers, small businesses, relationship lending, banks

Climate Change and Consumer Finance: A Very Brief Literature Review

FRB of Philadelphia Payment Cards Center Discussion Paper No. 21-4
Posted: 11 Oct 2021
José J. Canals-Cerda and Raluca A. Roman
Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia

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climate change, natural disasters, sea-level rise, consumer finance, house prices