Author Page for George Pennacchi

Federal Reserve Bank of Cleveland, Case Western Reserve University - Department of Banking & Finance and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 404 (156,581)

Citation 7

Abstract:

Estimating Real and Nominal Term Structures Using Treasury Yields, Inflation, Inflation Forecasts, and Inflation Swap Rates

FRB of Cleveland Working Paper No. 08-10

Number of pages: 53 Posted: 18 Apr 2012

Joseph G. Haubrich, George Pennacchi and Peter H. Ritchken

Federal Reserve Bank of Cleveland, University of Illinois at Urbana-Champaign - Department of Finance and Case Western Reserve University - Department of Banking & Finance

Downloads 242 (271,232)

Abstract:

5.

Corporate Taxes and Securitization

Journal of Finance, Forthcoming, KAIST College of Business Working Paper Series No. 2010-005, KDI School of Pub Policy & Management Paper No. 10-12

Number of pages: 48 Posted: 09 Aug 2010 Last Revised: 18 Mar 2021

JoongHo Han, Kwangwoo Park and George Pennacchi

SKKU Business School, College of Business, Korea Advanced Institute of Science and Technology (KAIST) and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 503 (122,146)

Citation 32

Abstract:

6.

Risk-Based Capital Standards, Deposit Insurance and Procyclicality

FDIC Center For Financial Research Working Paper No. 2004-05

Number of pages: 52 Posted: 01 Apr 2005

George Pennacchi

University of Illinois at Urbana-Champaign - Department of Finance

Downloads 471 (132,238)

Citation 11

Abstract:

7.

Inflation Expectations, Real Rates, and Risk Premia: Evidence from Inflation Swaps

FRB of Cleveland Working Paper No. 1107

Number of pages: 58 Posted: 14 Mar 2011

Joseph G. Haubrich, George Pennacchi and Peter H. Ritchken

Federal Reserve Bank of Cleveland, University of Illinois at Urbana-Champaign - Department of Finance and Case Western Reserve University - Department of Banking & Finance

Downloads 451 (139,348)

Citation 71

Abstract:

8.

Syndicated Loan Risk: The Effects of Covenants and Collateral

Downloads 398 (161,324)

2

Syndicated Loan Risk: The Effects of Covenants and Collateral

Number of pages: 51 Posted: 27 Apr 2021

Jianglin Dennis Ding and George Pennacchi

Roger Williams University - Gabelli School of Business and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 314 (206,996)

Abstract:

Syndicated Loan Risk: The Effects of Covenants and Collateral

Number of pages: 55 Posted: 20 Feb 2024

George Pennacchi and Jianglin Dennis Ding

University of Illinois at Urbana-Champaign - Department of Finance and Roger Williams University - Gabelli School of Business

Downloads 84 (657,955)

Abstract:

9.

Bank Regulation, Credit Ratings, and Systematic Risk

Number of pages: 45 Posted: 14 Mar 2012

George Pennacchi and Giuliano Iannotta

University of Illinois at Urbana-Champaign - Department of Finance and Università Cattolica

Downloads 398 (160,847)

Citation 9

Abstract:

10.

Harming Depositors and Helping Borrowers: The Disparate Impact of Bank Consolidation

Downloads 358 (181,113)

Citation 22

2

Harming Depositors and Helping Borrowers: The Disparate Impact of Bank Consolidation

AFA 2005 Philadelphia Meetings Paper, Review of Financial Studies, Forthcoming, KAIST College of Business Working Paper Series No. 2005-004, FRB of Cleveland Working Paper No. 07-04

Number of pages: 48 Posted: 16 Jan 2005 Last Revised: 18 Mar 2021

Kwangwoo Park and George Pennacchi

College of Business, Korea Advanced Institute of Science and Technology (KAIST) and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 358 (179,439)

Citation 22

Abstract:

Harming Depositors and Helping Borrowers: The Disparate Impact of Bank Consolidation

The Review of Financial Studies, Vol. 22, Issue 1, pp. 1-40, 2009

Posted: 03 Jan 2009

Kwangwoo Park and George Pennacchi

College of Business, Korea Advanced Institute of Science and Technology (KAIST) and University of Illinois at Urbana-Champaign - Department of Finance

Abstract:

11.

Contingent Capital: The Case of COERCs

Downloads 319 (205,898)

Citation 12

3

Contingent Capital: The Case of COERCs

AFA 2013 San Diego Meetings Paper

Number of pages: 54 Posted: 16 Mar 2012

Christian C. P. Wolff, George Pennacchi and Theo Vermaelen

University of Luxembourg, University of Illinois at Urbana-Champaign - Department of Finance and INSEAD - Finance

Downloads 191 (341,027)

Citation 5

Abstract:

Contingent Capital: The Case of COERCs

Number of pages: 53 Posted: 26 Jan 2012

Christian C. P. Wolff, George Pennacchi and Theo Vermaelen

University of Luxembourg, University of Illinois at Urbana-Champaign - Department of Finance and INSEAD - Finance

Downloads 95 (607,990)

Abstract:

Contingent Capital: The Case of COERCs

Number of pages: 52 Posted: 12 Mar 2013

George Pennacchi, Theo Vermaelen and Christian C. P. Wolff

University of Illinois at Urbana-Champaign - Department of Finance, INSEAD - Finance and University of Luxembourg

Downloads 33 (1,032,663)

Citation 7

Abstract:

12.

Banks and Loan Sales: Marketing Non-Marketable Assets

NBER Working Paper No. w3551

Number of pages: 42 Posted: 27 Apr 2000 Last Revised: 16 Sep 2022

Gary B. Gorton and George Pennacchi

Yale School of Management and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 257 (257,096)

Citation 29

Abstract:

13.

Why Do Banks Target ROE?

FRB of New York Staff Report No. 855, Journal of Financial Stability 54, 1-19, 2021.

Number of pages: 40 Posted: 20 Jun 2018 Last Revised: 19 Sep 2023

George Pennacchi and João A. C. Santos

University of Illinois at Urbana-Champaign - Department of Finance and Federal Reserve Bank of New York

Downloads 227 (290,625)

Citation 4

Abstract:

14.

A Reexamination of Contingent Convertibles with Stock Price Triggers

Number of pages: 46 Posted: 02 May 2016

George Pennacchi and Alexei Tchistyi

University of Illinois at Urbana-Champaign - Department of Finance and Cornell SC Johnson College of Business

Downloads 196 (334,009)

Citation 9

Abstract:

15.

The Role of Regulation and Bank Competition in Small Firm Financing: Evidence from the Community Reinvestment Act

Downloads 160 (400,353)

2

The Role of Regulation and Bank Competition in Small Firm Financing: Evidence from the Community Reinvestment Act

Number of pages: 39 Posted: 17 Mar 2021 Last Revised: 15 Mar 2022

Panagiotis Avramidis, George Pennacchi, Konstantinos Serfes and Kejia Wu

Alba Graduate Business School, The American College of Greece, University of Illinois at Urbana-Champaign - Department of Finance, Drexel University and Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Downloads 107 (554,538)

Abstract:

The Role of Regulation and Bank Competition in Small Firm Financing: Evidence from the Community Reinvestment Act

FRB of Philadelphia Working Paper No. 22-6

Number of pages: 49 Posted: 18 Feb 2022

Panagiotis Avramidis, George Pennacchi, Konstantinos Serfes and Kejia Wu

Alba Graduate Business School, The American College of Greece, University of Illinois at Urbana-Champaign - Department of Finance, Drexel University and Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Downloads 53 (842,423)

Abstract:

16.

The Effects of an Aging Population on the Structure of Bank Assets and Liabilities

Number of pages: 70 Posted: 20 Sep 2024

Panagiotis Avramidis and George Pennacchi

Alba Graduate Business School, The American College of Greece and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 153 (415,710)

Abstract:

17.

Adverse Selection in Deposit Insurance Following the 2023 Banking Crisis

Number of pages: 46 Posted: 19 Aug 2024 Last Revised: 16 Dec 2024

David Huberdeau-Reid and George Pennacchi

University of Memphis - Fogelman College of Business and Economics and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 147 (429,603)

Abstract:

18.

Bank Deposit Rate Clustering: Theory and Empirical Evidence

FRB of Cleveland Working Paper No. 9604

Number of pages: 32 Posted: 17 Jan 2015

Charles M. Kahn, George Pennacchi and Ben J. Sopranzetti

University of Illinois, Urbana-Champaign, University of Illinois at Urbana-Champaign - Department of Finance and Rutgers, The State University of New Jersey - New Brunswick/Piscataway

Downloads 126 (486,173)

Citation 6

Abstract:

19.

Security Baskets and Index-Linked Securities

NBER Working Paper No. w3711

Number of pages: 39 Posted: 24 Aug 2010 Last Revised: 24 Aug 2022

Gary B. Gorton and George Pennacchi

Yale School of Management and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 117 (514,644)

Citation 14

Abstract:

20.

Valuing Interest Payment Guarantees on Developing Country Debt

IMF Working Paper No. 90/18

Number of pages: 26 Posted: 15 Feb 2006

Eduardo Borensztein and George Pennacchi

Inter-American Development Bank (IADB) and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 112 (531,965)

Abstract:

21.

Portfolio Allocation for Public Pension Funds

NBER Working Paper No. w16456

Number of pages: 51 Posted: 18 Oct 2010 Last Revised: 19 Jun 2023

George Pennacchi and Mahdi Rastad

University of Illinois at Urbana-Champaign - Department of Finance and Orfalea College of Business, California State Polytechnic University

Downloads 107 (558,020)

Citation 2

Abstract:

22.

On Equilibrium When Contingent Capital Has a Market Trigger: A Correction to Sundaresan and Wang Journal of Finance (2015)

Journal of Finance, Forthcoming

Number of pages: 30 Posted: 16 Jul 2018

George Pennacchi and Alexei Tchistyi

University of Illinois at Urbana-Champaign - Department of Finance and Cornell SC Johnson College of Business

Downloads 106 (554,183)

Citation 3

Abstract:

23.

Benchmarking the Effects of the Fed’s Secondary Market Corporate Credit Facility Using Yankee Bonds

Number of pages: 43 Posted: 18 Nov 2021

Hui Xu and George Pennacchi

Lancaster University - Lancaster University Management School and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 82 (654,187)

Citation 2

Abstract:

24.

Discounting Pension Liabilities: Funding Versus Value

NBER Working Paper No. w21276

Number of pages: 51 Posted: 15 Jun 2015 Last Revised: 19 Feb 2023

Jeffrey R. Brown and George Pennacchi

University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 78 (673,428)

Citation 6

Abstract:

25.

Preemptive Tools to Mitigate Financial System Risk: Lessons from the Recent Global Financial Crisis

Financial Stability Studies, Vol. 17, No. 2, Korea Deposit Insurance Corporation(KDIC), 2016, pp. 1-18.

Number of pages: 18 Posted: 10 Aug 2017 Last Revised: 09 Jan 2019

George Pennacchi

University of Illinois at Urbana-Champaign - Department of Finance

Downloads 70 (715,499)

Abstract:

26.

Serial Correlation of Asset Returns and Optimal Portfolios for the Long and Short Term

NBER Working Paper No. w1625

Number of pages: 38 Posted: 29 Jun 2004 Last Revised: 11 Oct 2008

Stanley Fischer and George Pennacchi

Bank of Israel and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 65 (744,351)

Abstract:

27.

Ratings-based Regulation and Systematic Risk Incentives

Review of Financial Studies 32(4) 1374-1415, 2019.

Number of pages: 51 Posted: 16 Oct 2023

Giuliano Iannotta, George Pennacchi and João A. C. Santos

Università Cattolica, University of Illinois at Urbana-Champaign - Department of Finance and Federal Reserve Bank of New York

Downloads 64 (750,472)

Citation 5

Abstract:

28.

The Effects of Social Media Use by Bank Depositors

Annals of Finance, forthcoming

Number of pages: 21 Posted: 25 Jul 2024

Jianglin Dennis Ding and George Pennacchi

Roger Williams University - Gabelli School of Business and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 61 (769,480)

Abstract:

29.

Benchmarking the Effects of the Fed's Secondary Market Corporate Credit Facility Using Yankee Bonds

Downloads 59 (782,530)

2

Benchmarking the Effects of the Fed's Secondary Market Corporate Credit Facility Using Yankee Bonds

Number of pages: 65 Posted: 08 Jul 2022

George Pennacchi and Hui Xu

University of Illinois at Urbana-Champaign - Department of Finance and Lancaster University - Lancaster University Management School

Downloads 31 (1,055,393)

Abstract:

Benchmarking the Effects of the Fed's Secondary Market Corporate Credit Facility Using Yankee Bonds

Number of pages: 56 Posted: 28 Mar 2022

George Pennacchi and Hui Xu

University of Illinois at Urbana-Champaign - Department of Finance and Lancaster University - Lancaster University Management School

Downloads 28 (1,091,317)

Abstract:

30.

Estimating the Cost of U.S. Indexed Bonds

FRB of Cleveland Working Paper No. 9701

Number of pages: 29 Posted: 17 Jan 2015

Silverio Foresi, Alessandro Penati and George Pennacchi

Goldman Sachs Group, Inc. - Quantitative Strategy Group, Catholic University of the Sacred Heart of Milan and University of Illinois at Urbana-Champaign - Department of Finance

Downloads 51 (840,481)

Abstract:

31.

Narrow Banking

Annual Review of Financial Economics, Vol. 4, pp. 141-159, 2012

Posted: 04 Nov 2012

George Pennacchi

University of Illinois at Urbana-Champaign - Department of Finance

Abstract:

32.

The Cost of Deposit Insurance for Privately Held Banks: A Market Comparable Approach

Posted: 17 Feb 2004

George Pennacchi and Michael Falkenheim

University of Illinois at Urbana-Champaign - Department of Finance and Office of Management and Budget (OMB)

Abstract:

33.

On Pricing Kernels and Finite State Variable Heath Jarrow Morton Models

Posted: 12 May 2000

George Pennacchi, Peter H. Ritchken and L. Sankarasubramanian

University of Illinois at Urbana-Champaign - Department of Finance, Case Western Reserve University - Department of Banking & Finance and affiliation not provided to SSRN

Abstract:

34.

The Behavior of Interest Rates Implied by the Term Structure of Eurodollar Futures

Posted: 04 May 2000

Narasimhan Jegadeesh and George Pennacchi

Emory University - Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance

Abstract:

35.

Measuring Rents and Interest Rate Risk in Imperfect Financial Markets: The Case of Retail Bank Deposits

J. OF FINANCIAL AND QUANTITATIVE ANALYSIS, September 1996

Posted: 13 May 1998

David E. Hutchison and George Pennacchi

University of Illinois at Urbana-Champaign - Department of Accountancy and University of Illinois at Urbana-Champaign - Department of Finance

Abstract:

36.

Estimating the Likelihood of Mexican Default from the Market Prices of Brady Bonds

J. OF FINANCIAL AND QUANTITATIVE ANALYSIS, March 1996

Posted: 17 Sep 1996

Stijn Claessens and George Pennacchi

Yale School of Management and University of Illinois at Urbana-Champaign - Department of Finance

George Pennacchi

University of Illinois at Urbana-Champaign - Department of Finance

Professor of Finance

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Scholarly Papers (36)

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