Simon Mayer

Carnegie Mellon University

Tepper School of Business

Pittsburgh, PA 15213-3890

United States

SCHOLARLY PAPERS

16

DOWNLOADS
Rank 7,186

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Top 7,186

in Total Papers Downloads

12,981

TOTAL CITATIONS
Rank 9,532

SSRN RANKINGS

Top 9,532

in Total Papers Citations

129

Scholarly Papers (16)

Money Creation in Decentralized Finance: A Dynamic Model of Stablecoin and Crypto Shadow Banking

Fisher College of Business Working Paper No. 2020-03-030, Charles A. Dice Center Working Paper No. 2020-30
Number of pages: 78 Posted: 30 Dec 2020 Last Revised: 08 Apr 2022
Ye Li and Simon Mayer
University of Washington - Foster School of Business and Carnegie Mellon University
Downloads 2,406 (12,940)
Citation 2

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Stablecoin, platforms, regulation, decentralized finance, financial instability

Money Creation in Decentralized Finance: A Dynamic Model of Stablecoin and Crypto Shadow Banking

CESifo Working Paper No. 9260
Number of pages: 75 Posted: 31 Aug 2021
Ye Li and Simon Mayer
University of Washington - Foster School of Business and Carnegie Mellon University
Downloads 325 (199,782)

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stablecoin, instability, regulation, debasement, big data, payment, collateral, shadow banking

Strategic Digitization in Currency and Payment Competition

Number of pages: 85 Posted: 06 Apr 2022 Last Revised: 04 Apr 2025
Lin William Cong and Simon Mayer
Cornell University - Samuel Curtis Johnson Graduate School of Management and Carnegie Mellon University
Downloads 849 (61,631)
Citation 6

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CBDC, Cryptocurrency, Currency Competition, Digitization, Dollarization, Money, Stablecoin, Tokenomics.

The Coming Battle of Digital Currencies

The SC Johnson College of Business Applied Economics and Policy Working Paper Series No. 2022-04
Number of pages: 63 Posted: 27 Dec 2021 Last Revised: 09 Oct 2024
Lin William Cong and Simon Mayer
Cornell University - Samuel Curtis Johnson Graduate School of Management and Carnegie Mellon University
Downloads 490 (124,734)
Citation 12

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CBDC, Cryptocurrency, Currency Competition, Digitization, Dollarization, Money, Stablecoin, Tokenomics, Electronic Payment Systems

Strategic Digitization in Currency and Payment Competition

NBER Working Paper No. w33593
Number of pages: 86 Posted: 25 Mar 2025
Lin William Cong and Simon Mayer
Cornell University - Samuel Curtis Johnson Graduate School of Management and Carnegie Mellon University
Downloads 2 (1,391,486)
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3.

PE for the Public: The Rise of SPACs

Number of pages: 47 Posted: 25 Oct 2021 Last Revised: 18 Mar 2022
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), University of California, Los Angeles (UCLA) - Anderson School of Management and Carnegie Mellon University
Downloads 1,180 (39,340)
Citation 9

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Special Purpose Acquisition Companies, Blank-Check Companies, Venture Capital, Private Equity, Entrepreneurial Finance, IPOs, Adverse Selection, Optimal Contracting.

Antitrust, Regulation, and User Union in the Era of Digital Platforms and Big Data

Number of pages: 75 Posted: 30 Jun 2022 Last Revised: 06 Dec 2022
Lin William Cong and Simon Mayer
Cornell University - Samuel Curtis Johnson Graduate School of Management and Carnegie Mellon University
Downloads 802 (66,520)

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Data Sharing, Data Trust, Digital Economy, Network Effect, Open Banking, Platform Competition, Privacy

Data Union and Regulation in a Data Economy *

Number of pages: 60 Posted: 20 Oct 2022 Last Revised: 25 Jun 2024
Lin William Cong and Simon Mayer
Cornell University - Samuel Curtis Johnson Graduate School of Management and Carnegie Mellon University
Downloads 273 (240,776)
Citation 2

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Data Sharing, Data Trust, Digital Economy, GDPR, Network Effect, Open Banking, Privacy

5.

Private Debt versus Bank Debt in Corporate Borrowing 

Proceedings of the EUROFIDAI-ESSEC Paris December Finance Meeting 2024
Number of pages: 98 Posted: 09 May 2024 Last Revised: 22 May 2025
Sharjil Haque, Simon Mayer and Irina Stefanescu
Board of Governors of the Federal Reserve System, Carnegie Mellon University and Board of Governors of the Federal Reserve System
Downloads 922 (55,827)
Citation 1

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Private Debt, Direct Lending, Bank Loans, Capital structure, Private Equity

6.
Downloads 911 (56,754)
Citation 2

How Private Equity Fuels Non-Bank Lending 

Proceedings of the EUROFIDAI-ESSEC Paris December Finance Meeting 2023
Number of pages: 86 Posted: 01 May 2023 Last Revised: 12 Jan 2025
Sharjil Haque, Simon Mayer and Teng Wang
Board of Governors of the Federal Reserve System, Carnegie Mellon University and Board of Governors of the Federal Reserve System
Downloads 711 (77,883)
Citation 2

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Syndicated Loans, Private Equity, LBO, Bank Monitoring, CLO, Securitization, Loan Sales, Lead Share

How Private Equity Fuels Non-Bank Lending

FEDS Working Paper No. 2024-15
Number of pages: 48 Posted: 15 Apr 2024
Sharjil Haque, Simon Mayer and Teng Wang
Board of Governors of the Federal Reserve System, Carnegie Mellon University and Board of Governors of the Federal Reserve System
Downloads 200 (327,272)

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Syndicated Loans, Private Equity, LBO, Bank Monitoring, CLO, Securitization, Loan Sales

7.

Token-Based Platforms and Speculators

Number of pages: 68 Posted: 28 Oct 2019 Last Revised: 23 Mar 2022
Simon Mayer
Carnegie Mellon University
Downloads 791 (68,720)
Citation 4

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FinTech, Cryptocurrencies, Platforms, Initial Coin Offerings, Security Token Offerings, Stablecoins, Decentralized Finance, Speculation

8.

Private Equity and Corporate Borrowing Constraints: Evidence from Loan Level Data

Number of pages: 64 Posted: 12 Dec 2022 Last Revised: 22 Aug 2023
Sharjil Haque, Young Soo Jang and Simon Mayer
Board of Governors of the Federal Reserve System, Pennsylvania State University - Smeal College of Business and Carnegie Mellon University
Downloads 765 (71,848)
Citation 4

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Private Equity, LBO, Capital Structure, Leverage, Borrowing Constraints, Debt Structure

Agency Conflicts and Short- vs Long-Termism in Corporate Policies

Journal of Financial Economics (JFE), Vol. 163, No. 3, 2020, Swiss Finance Institute Research Paper No. 18-16
Number of pages: 64 Posted: 18 Dec 2017 Last Revised: 05 May 2020
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Carnegie Mellon University and Ecole Polytechnique Fédérale de Lausanne
Downloads 714 (77,467)
Citation 15

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Optimal short- and long-termism, Agency conflicts, Multi-tasking

Agency Conflicts Over the Short and Long Run: Short-Termism, Long-Termism, and Pay-for-Luck

CEPR Discussion Paper No. DP12720
Number of pages: 61 Posted: 20 Feb 2018
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Carnegie Mellon University and Ecole Polytechnique Fédérale de Lausanne
Downloads 2 (1,391,486)
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10.

Optimal Financing with Tokens

Swiss Finance Institute Research Paper No. 19-78
Number of pages: 62 Posted: 08 Dec 2019 Last Revised: 26 Jun 2020
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Carnegie Mellon University and Ecole Polytechnique Fédérale de Lausanne
Downloads 562 (106,634)
Citation 44

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Tokens, Platforms, Moral Hazard, Financial Constraints, Dividend Rights

11.

Capital Structure in Private Equity

The Palgrave Encyclopedia of Private Equity, Forthcoming
Number of pages: 7 Posted: 30 Aug 2023
Young Soo Jang and Simon Mayer
Pennsylvania State University - Smeal College of Business and Carnegie Mellon University
Downloads 546 (110,586)

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Private equity, leveraged buyout, LBO

12.

Financing Breakthroughs under Failure Risk

Number of pages: 84 Posted: 06 Feb 2019 Last Revised: 06 Dec 2021
Simon Mayer
Carnegie Mellon University
Downloads 529 (115,083)
Citation 11

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Intermediation, Agency Conflicts, Incentives, Innovation

13.

Dynamic Contracting with Intermediation: Operational, Governance, and Financial Engineering

Journal of Finance, Forthcoming
Number of pages: 73 Posted: 22 May 2018 Last Revised: 06 Jul 2023
Sebastian Gryglewicz and Simon Mayer
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) and Carnegie Mellon University
Downloads 320 (204,926)
Citation 14

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Intermediation, Agency Conflicts, Incentives, Private Equity, Active Intermediaries, Contracting, Delegation

14.

The Dynamics of Loan Sales and Lender Incentives

Swiss Finance Institute Research Paper No. 21-82
Number of pages: 112 Posted: 11 Oct 2021 Last Revised: 04 Feb 2024
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Carnegie Mellon University and Ecole Polytechnique Fédérale de Lausanne
Downloads 312 (210,631)
Citation 3

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dynamic agency, screening, monitoring, loan sales, syndicated loans

15.

Investor Activism and the Green Transition *

Swiss Finance Institute Research Paper No. 24-96
Number of pages: 60 Posted: 29 Nov 2023 Last Revised: 13 Mar 2025
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Carnegie Mellon University and Ecole Polytechnique Fédérale de Lausanne
Downloads 229 (288,875)

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Activism, agency conflicts, contracting, sustainable finance, environmental policies

16.

A Theory of Cash Flow-Based Financing with Distress Resolution

NBER Working Paper No. w29712
Number of pages: 72 Posted: 31 Jan 2022 Last Revised: 16 Apr 2023
University of California, Los Angeles (UCLA) - Anderson School of Management, Carnegie Mellon University and Northwestern University - Kellogg School of Management - Department of Finance
Downloads 51 (843,093)

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