Thomas Flanagan

University of Michigan, Stephen M. Ross School of Business

701 Tappan Street

Ann Arbor, MI MI 48109

United States

SCHOLARLY PAPERS

6

DOWNLOADS

494

SSRN CITATIONS

1

CROSSREF CITATIONS

0

Scholarly Papers (6)

1.

Why Do Banks Hide Losses?

Number of pages: 51 Posted: 27 Feb 2019 Last Revised: 16 Jun 2020
Thomas Flanagan and Amiyatosh Purnanandam
University of Michigan, Stephen M. Ross School of Business and University of Michigan, Stephen M. Ross School of Business
Downloads 268 (124,760)

Abstract:

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Underreporting, Monitoring, Incentives

2.

Did Banks Pay 'Fair' Return to Taxpayers on TARP?

Number of pages: 57 Posted: 26 May 2020
Thomas Flanagan and Amiyatosh Purnanandam
University of Michigan, Stephen M. Ross School of Business and University of Michigan, Stephen M. Ross School of Business
Downloads 113 (265,369)

Abstract:

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Bailout, TARP, CPP, preferred equity

3.

Stealth Recapitalization and Bank Risk Taking: Evidence from TLTROs

Number of pages: 49 Posted: 24 Aug 2019 Last Revised: 16 Mar 2020
Thomas Flanagan
University of Michigan, Stephen M. Ross School of Business
Downloads 72 (352,625)

Abstract:

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TLTRO, Unconventional Monetary Policy, Credit Risk, Bank Capital

4.

Risk Management of Runnable Debt

Number of pages: 51 Posted: 06 Apr 2020 Last Revised: 29 Jun 2020
Thomas Flanagan
University of Michigan, Stephen M. Ross School of Business
Downloads 24 (541,867)

Abstract:

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Banks, Liquidity Creation, Liquidity Risk, Risk Management

5.

Deciphering the Fed’s Motivations Behind Corporate Bond Purchases after COVID-19

Number of pages: 35
Thomas Flanagan and Amiyatosh Purnanandam
University of Michigan, Stephen M. Ross School of Business and University of Michigan, Stephen M. Ross School of Business
Downloads 17

Abstract:

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SMCCF, Fed-Treasury SPV, repo

6.

Secondary Market Liquidity and Primary Market Allocations in Corporate Bonds

Posted: 19 Sep 2019 Last Revised: 06 Dec 2019
Thomas Flanagan, Simi Kedia and Xing (Alex) Zhou
University of Michigan, Stephen M. Ross School of Business, Rutgers Business School and Board of Governors of the Federal Reserve System
Downloads 0 (726,205)

Abstract:

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Corporate Bond Issuance, Primary Markets, Underpricing, Overall Benefit from Initial Allocations, Secondary Market Liquidity, Lead Underwriters