Tanju Yorulmazer

University of Amsterdam - Faculty of Economics and Business (FEB)

Roetersstraat 11

Amsterdam, 1018 WB

Netherlands

SCHOLARLY PAPERS

30

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13,188

CITATIONS
Rank 293

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Top 293

in Total Papers Citations

723

Scholarly Papers (30)

1.

Liquidity, Bank Runs and Bailouts: Spillover Effects during the Northern Rock Episode

Number of pages: 25 Posted: 20 Mar 2008 Last Revised: 05 Mar 2009
Tanju Yorulmazer
University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 2,510 (4,829)
Citation 13

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contagion, bank run, liquidity, event study, systemic risk, bailout

2.

Network Models and Financial Stability

Bank of England Working Paper No. 346
Number of pages: 29 Posted: 08 Oct 2008
Erlend W. Nier, Jing Yang, Tanju Yorulmazer and Amadeo Alentorn
International Monetary Fund (IMF), Bank of England, University of Amsterdam - Faculty of Economics and Business (FEB) and University of Essex
Downloads 1,207 (16,075)
Citation 187

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Networks, financial stability, contagion, liquidity risk

3.
Downloads 962 ( 22,546)
Citation 37

Crisis Resolution and Bank Liquidity

AFA 2009 San Francisco Meetings Paper
Number of pages: 50 Posted: 25 Mar 2008 Last Revised: 11 Nov 2010
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 313 (94,523)

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Cash, Cash holdings, Crises, Systemic risk, Distress, Liquidation cost, Limited pledgeability

Crisis Resolution and Bank Liquidity

Review of Financial Studies, Forthcoming
Number of pages: 66 Posted: 22 Jan 2010
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 303 (97,979)
Citation 78

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Cash, Cash holdings, Hoarding, Systemic risk, Fire sales

Crisis Resolution and Bank Liquidity

Number of pages: 50 Posted: 08 May 2007 Last Revised: 11 Nov 2010
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 179 (165,954)

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Crises, Systemic risk, Distress, Liquidation cost, Limited pledgeability

Crisis Resolution and Bank Liquidity

NYU Working Paper No. 2451/29540
Number of pages: 66 Posted: 09 Mar 2009 Last Revised: 10 Sep 2013
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 115 (238,780)

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Crisis Resolution and Bank Liquidity

NBER Working Paper No. w15567
Number of pages: 50 Posted: 08 Dec 2009 Last Revised: 16 Jul 2010
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 52 (383,104)

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4.
Downloads 950 ( 22,962)
Citation 103

Rollover Risk and Market Freezes

EFA 2009 Bergen Meetings Paper
Number of pages: 60 Posted: 11 Jan 2009 Last Revised: 09 Aug 2010
Viral V. Acharya, Douglas M. Gale and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, New York University (NYU) - Department of Economics and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 665 (37,186)
Citation 33

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financial crisis, credit risk, liquidation cost, repo, secured borrowing, asset-backed commercial paper.

Rollover Risk and Market Freezes

NYU Working Paper No. FIN-08-030
Number of pages: 60 Posted: 09 Mar 2009 Last Revised: 09 Aug 2010
Viral V. Acharya, Douglas M. Gale and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, New York University (NYU) - Department of Economics and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 214 (140,399)

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financial crisis, credit risk, liquidation cost, repo, secured borrowing, asset-backed commercial paper.

Rollover Risk and Market Freezes

NBER Working Paper No. w15674
Number of pages: 44 Posted: 25 Jan 2010
Viral V. Acharya, Douglas M. Gale and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, New York University (NYU) - Department of Economics and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 66 (339,806)

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Rollover Risk and Market Freezes

CEPR Discussion Paper No. DP7122
Number of pages: 56 Posted: 18 Feb 2009
Viral V. Acharya, Douglas M. Gale and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, New York University (NYU) - Department of Economics and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 5 (633,446)
Citation 145
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asset-backed commercial paper, credit risk, haircut, liquidation cost, repo, secured borrowing

Imperfect Competition in the Interbank Market for Liquidity as a Rationale for Central Banking

Number of pages: 42 Posted: 29 Sep 2008 Last Revised: 01 Oct 2015
Viral V. Acharya, Denis Gromb and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, HEC Paris and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 563 (46,451)
Citation 25

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Competition, Interbank lending, Market power, Asset specificity, Central bank, Lender of last resort

Imperfect Competition in the Interbank Market for Liquidity as a Rationale for Central Banking

INSEAD Working Paper No. 2011/41/FIN
Number of pages: 53 Posted: 25 Mar 2011
Viral V. Acharya, Denis Gromb and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, HEC Paris and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 349 (83,526)
Citation 60

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Competition, Interbank Lending, Market Power, Asset Specificity, Central Bank, Lender of Last Resort

Imperfect Competition in the Interbank Market for Liquidity as a Rationale for Central Banking

NYU Working Paper No. 2451/29539
Number of pages: 42 Posted: 26 Jun 2013
Viral V. Acharya, Denis Gromb and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, HEC Paris and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 16 (558,433)

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Information Contagion and Inter-Bank Correlation in a Theory Of Systemic Risk

London Business School Working Paper
Number of pages: 49 Posted: 30 Jan 2003
Viral V. Acharya and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 547 (48,165)
Citation 9

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Systemic risk, Contagion, Herding, Procyclicality, Information spillover, Inter-bank correlation

Information Contagion and Inter-Bank Correlation in a Theory Of Systemic Risk

CEPR Discussion Paper No. 3743
Number of pages: 51 Posted: 05 Mar 2003
Viral V. Acharya and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 35 (449,574)
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Systemic risk, contagion, herding, procyclicality, information spillover, interbank correlation

Too Many to Fail - An Analysis of Time-Inconsistency in Bank Closure Policies

Bank of England Working Paper No. 319, London Business School IFA Working Paper
Number of pages: 54 Posted: 05 Mar 2005
Viral V. Acharya and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 531 (50,040)
Citation 150

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Bank regulation, systemic risk, bailout, moral hazard, herding, too big to fail

Too Many to Fail - an Analysis of Time Inconsistency in Bank Closure Policies

CEPR Discussion Paper No. 4778
Number of pages: 32 Posted: 06 Mar 2005
Viral V. Acharya and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 23 (513,786)
Citation 98
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Bank regulation, systemic risk, bailout, moral hazard, herding

Too Many to Fail - an Analysis of Time-Inconsistency in Bank Closure Policies

Journal of Financial Intermediation, Forthcoming
Posted: 22 Aug 2006
Viral V. Acharya and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business and University of Amsterdam - Faculty of Economics and Business (FEB)

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Bank regulation, systemic risk, bailout, moral hazard, herding, too big to fail

8.

Has Financial Innovation Made the World Riskier? CDS, Regulatory Arbitrage and Systemic Risk

Number of pages: 39 Posted: 15 Nov 2012 Last Revised: 26 Apr 2013
Tanju Yorulmazer
University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 552 (48,234)
Citation 13

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capital requirements, leverage, asset bubbles, deposit insurance

9.

Herd Behavior, Bank Runs and Information Disclosure

Number of pages: 38 Posted: 13 Sep 2004
Tanju Yorulmazer
University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 552 (48,234)
Citation 2

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Herding, bank runs, information, disclosure

10.
Downloads 519 ( 52,147)
Citation 41

Systemic Risk and Deposit Insurance Premiums

Economic Policy Review, Forthcoming
Number of pages: 11 Posted: 31 Oct 2009
Viral V. Acharya, João A. C. Santos and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Federal Reserve Bank of New York and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 364 (79,499)
Citation 13

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Systemic Risk and Deposit Insurance Premiums

Economic Policy Review, Vol. 16, No. 1, p. 89, August 2010
Number of pages: 11 Posted: 17 Sep 2010
Viral V. Acharya, Tanju Yorulmazer and João A. C. Santos
New York University - Leonard N. Stern School of Business, University of Amsterdam - Faculty of Economics and Business (FEB) and Federal Reserve Bank of New York
Downloads 155 (188,180)
Citation 43

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Financial Crisis, Too-Big-to-Fail, Fire Sales, FDIC, Time-Inconsistency, Too-Many-to-Fail

Cash-in-The-Market Pricing and Optimal Resolution of Bank Failures

EFA 2006 Zurich Meetings, Bank of England Working Paper No. 328
Number of pages: 67 Posted: 17 Mar 2005
Viral V. Acharya and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 489 (55,584)
Citation 146

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Bailouts, Systemic risk, Banking crises, Lender of last resort, Too many to fail, Time inconsistency, Herding

Cash-in-The-Market Pricing and Optimal Resolution of Bank Failures

The Review of Financial Studies, Vol. 21, Issue 6, pp. 2705-2742, 2008
Posted: 15 Dec 2008
Viral V. Acharya and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business and University of Amsterdam - Faculty of Economics and Business (FEB)

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G21, G28, G38, E58, D62

12.
Downloads 475 ( 58,349)
Citation 19

Fire-Sale FDI

AFA 2008 New Orleans Meetings Paper, EFA 2008 Athens Meetings Paper
Number of pages: 45 Posted: 20 Mar 2007 Last Revised: 11 Nov 2010
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 324 (90,938)
Citation 24

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Fire sales, Capital flight, FDI flows, Financial crises, Foreign takeovers

Fire-Sale FDI

NYU Working Paper No. 2451/29541
Number of pages: 53 Posted: 08 Feb 2010 Last Revised: 10 Sep 2013
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 150 (193,540)

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Fire-Sale FDI

CEPR Discussion Paper No. DP6319
Number of pages: 48 Posted: 27 May 2008
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 1 (675,558)
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capital flight, FDI flows, financial crises, fire sales, foreign takeovers

13.

Limited Liability and Bank Herding

EFA 2004 MAASTRICHT
Number of pages: 43 Posted: 04 Nov 2003
Viral V. Acharya and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 441 (63,874)
Citation 2

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Systemic risk, Contagion, Procyclicality, Information spillover, Inter-bank correlation

14.
Downloads 370 ( 78,661)
Citation 35

Liquidity Hoarding

FRB of New York Staff Report No. 488
Number of pages: 66 Posted: 26 Mar 2011
Douglas M. Gale and Tanju Yorulmazer
New York University (NYU) - Department of Economics and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 244 (123,184)
Citation 39

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interbank market, fire sale

Liquidity Hoarding

Number of pages: 58 Posted: 08 Mar 2011
Douglas M. Gale and Tanju Yorulmazer
New York University (NYU) - Department of Economics and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 126 (222,787)
Citation 11

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Interbank Market, Fire Sale

15.
Downloads 291 (102,875)
Citation 17

A Theory of Slow-Moving Capital and Contagion

Number of pages: 45 Posted: 23 Jan 2009 Last Revised: 10 Nov 2010
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 173 (171,105)
Citation 26

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arbitrage, illiquidity, crises, spillover

A Theory of Slow-Moving Capital and Contagion

NYU Working Paper No. FIN-08-029
Number of pages: 45 Posted: 09 Mar 2009
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 112 (243,311)

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A Theory of Slow-Moving Capital and Contagion

CEPR Discussion Paper No. DP7147
Number of pages: 47 Posted: 18 Feb 2009
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 6 (626,184)
Citation 4
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arbitrage, crises, fire sales, illiquidity, spillover

16.

Endogenous Choice of Bank Liquidity: The Role of Fire Sales

Bank of England Working Paper No. 376
Number of pages: 68 Posted: 12 Dec 2009
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 247 (122,164)
Citation 9

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Crises, systemic risk, distress, limited pledgeability, lender of last resort

17.

Bank Resolution Concepts, Tradeoffs, and Changes in Practices

Economic Policy Review, Forthcoming
Number of pages: 39 Posted: 10 Apr 2014
Phoebe White and Tanju Yorulmazer
Federal Reserve Banks - Federal Reserve Bank of New York and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 220 (137,027)
Citation 4

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bank failures, resolution

18.

Bank Capital Structure, Fire Sales, and the Social Value of Deposits

Number of pages: 47 Posted: 06 Apr 2017 Last Revised: 26 Sep 2017
Douglas M. Gale and Tanju Yorulmazer
New York University (NYU) - Department of Economics and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 195 (153,576)
Citation 3

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Bank Capital Structure, Overaccumulation, General Equilibrium, Incomplete Markets, Pecuniary Externalities, Regulation

19.

A Theory of Collateral for the Lender of Last Resort

Number of pages: 54 Posted: 28 Nov 2016 Last Revised: 25 Jan 2019
Dong Beom Choi, João A. C. Santos and Tanju Yorulmazer
Seoul National University - Business School, Federal Reserve Bank of New York and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 190 (157,213)
Citation 6

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Central Bank, Liquidity, Macroprudential policy, Externality, Interbank Market, Lending Facilities

20.

Watering a Lemon Tree: Heterogeneous Risk Taking and Monetary Policy Transmission

FRB of NY Staff Report No. 724
Number of pages: 46 Posted: 07 Sep 2017 Last Revised: 14 Nov 2017
Dong Beom Choi, Thomas M. Eisenbach and Tanju Yorulmazer
Seoul National University - Business School, Federal Reserve Banks - Federal Reserve Bank of New York and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 188 (158,712)

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monetary policy transmission, financial frictions, heterogeneous agents, financial intermediation

21.

Stability of Funding Models: An Analytical Framework

Economic Policy Review, Vol. 20, No. 1, 2014
Number of pages: 19 Posted: 05 Mar 2014
Federal Reserve Banks - Federal Reserve Bank of New York, Rutgers, The State University of New Jersey - Department of Economics, Federal Reserve Bank of New York and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 160 (182,908)
Citation 5

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financial crisis, bank run, market run, maturity, wholesale funding, liquidity

22.

Case Studies on Disruptions during the Crisis

Economic Policy Review, Vol. 20, No. 1, 2014
Number of pages: 12 Posted: 05 Mar 2014
Tanju Yorulmazer
University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 136 (209,002)
Citation 2

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wholesale funding, money market mutual funds, commercial paper, repo, dollar swap lines, asset-backed commercial paper

23.

Imperfect Competition in the Interbank Market for Liquidity as Arationale for Central Banking

NYU Working Paper No. FIN-09-031
Number of pages: 42 Posted: 08 Feb 2010
Viral V. Acharya, Denis Gromb and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, HEC Paris and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 135 (210,258)
Citation 2

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24.

On the Dynamics and Severity of Bank Runs: An Experimental Study

Number of pages: 36 Posted: 06 Feb 2008 Last Revised: 28 Dec 2012
Andrew Schotter and Tanju Yorulmazer
New York University (NYU) - Department of Economics and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 117 (234,593)
Citation 35

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Bank runs, Banking crises, Informed depositors, Deposit insurance, Experiments

25.

Literature Review on the Stability of Funding Models

Economic Policy Review, Vol. 20, No. 1, 2014
Number of pages: 14 Posted: 05 Mar 2014
Tanju Yorulmazer
University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 92 (276,427)
Citation 4

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liquidity transformation, maturity transformation, bank run

26.

What Makes Large Bank Failures so Messy and What to Do About it?

Economic Policy Review, Forthcoming
Number of pages: 41 Posted: 10 Apr 2014
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 79 (303,575)
Citation 7

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Imperfect Competition in the Inter-Bank Market for Liquidity as a Rationale for Central Banking

EFA 2008 Athens Meetings Paper
Number of pages: 35 Posted: 07 Mar 2008
Viral V. Acharya, Denis Gromb and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, HEC Paris and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 14 (571,665)
Citation 18

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Competition, Inter-bank lending, Market power, Asset specificity, Lender of last resort

Imperfect Competition in the Inter-Bank Market for Liquidity as a Rationale for Central Banking

CEPR Discussion Paper No. DP6984
Number of pages: 41 Posted: 02 Dec 2008
Viral V. Acharya, Denis Gromb and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, HEC Paris and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 9 (605,385)
Citation 7
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Asset specificity, Central bank, Competition, Interbank lending, Lender of last resort, Market power

28.

Cash-in-The-Market Pricing and Optimal Bank Bailout Policy

CEPR Discussion Paper No. 5154
Number of pages: 58 Posted: 17 Aug 2005
Viral V. Acharya and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 18 (526,804)
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Bank regulation, systemic risk, banking crises, time inconsistency, too many to fail, herding

29.

Fire Sales, Foreign Entry and Bank Liquidity

CEPR Discussion Paper No. DP6309
Number of pages: 62 Posted: 27 May 2008
Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business, Bank for International Settlements (BIS) and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 6 (599,646)
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crises, distress, limited pledgeability, liquidation cost, systemic risk

30.

Information Contagion and Bank Herding

Journal of Money, Credit, and Banking, Forthcoming
Posted: 28 Oct 2006
Viral V. Acharya and Tanju Yorulmazer
New York University - Leonard N. Stern School of Business and University of Amsterdam - Faculty of Economics and Business (FEB)

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Systemic risk, Information spillover, Inter-bank correlation