Sharjil Haque

Board of Governors of the Federal Reserve System

Economist

SCHOLARLY PAPERS

12

DOWNLOADS
Rank 25,010

SSRN RANKINGS

Top 25,010

in Total Papers Downloads

4,304

TOTAL CITATIONS

9

Scholarly Papers (12)

Actions:
Email selected abstracts
1.

How Private Equity Fuels Non-Bank Lending 

Downloads 843 (61,215)
Citation 1

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 662 (82,739)
Citation 1

Abstract:

Loading...

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 181 (346,776)

Abstract:

Loading...

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

2.

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 737 (73,173)
Citation 4

Abstract:

Loading...

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

3.

Private Debt versus Bank Debt in Corporate Borrowing 

Proceedings of the EUROFIDAI-ESSEC Paris December Finance Meeting 2024
Number of pages: 79 Posted: 09 May 2024 Last Revised: 22 Nov 2024
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 711 (76,653)
Citation 1

Abstract:

Loading...

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

4.

Does Private Equity Over-Lever Portfolio Companies?

Number of pages: 61 Posted: 10 Aug 2021 Last Revised: 16 Dec 2022
Sharjil Haque
Board of Governors of the Federal Reserve System
Downloads 561 (103,545)
Citation 1

Abstract:

Loading...

Private Equity Funds, Optimal Capital Structure, Over-Leveraged, Distance-To-Default, Systemic Risk, Distress Cost

5.

Private Equity and Debt Contract Enforcement: Evidence from Covenant Violations 

Number of pages: 59 Posted: 17 Feb 2023 Last Revised: 16 Sep 2024
Sharjil Haque and Anya Kleymenova
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 291 (219,365)
Citation 2

Abstract:

Loading...

JEL Classification: G21, G23, G32 Private Equity, Covenants, Loan Renegotiation, Covenant Violations, Syndicated Loans, Debt Governance

6.

The COVID-19 Impact on Corporate Leverage and Financial Fragility

IMF Working Paper No. 2021/265
Number of pages: 51 Posted: 17 Feb 2022
Sharjil Haque and Richard Varghese
Board of Governors of the Federal Reserve System and International Monetary Fund (IMF)
Downloads 270 (236,929)

Abstract:

Loading...

COVID-19, Corporate Debt, Optimal Capital Structure, Rollover Risk, Distance-To-Default, Default Risk, Stress Tests, over-leveraged firm, default probability, impact of the COVID-19 recession, model-implied optimal leverage, business risk, debt maturity, Asset valuation, Business enterprises, Currencies, Credit risk, Global, asset volatility

7.

Does Private Equity Over-Lever Portfolio Companies?

FEDS Working Paper No. 2023-9
Number of pages: 62 Posted: 05 May 2023
Sharjil Haque
Board of Governors of the Federal Reserve System
Downloads 241 (265,519)

Abstract:

Loading...

Private Equity, Capital Structure, Default Risk, Trade-off Theory

8.

Firms' Rollover Risk, Capital Structure and Unequal Exposure to Aggregate Shocks

Journal of Corporate Finance, Vol. 80, 2023
Number of pages: 77 Posted: 08 Jul 2022 Last Revised: 05 May 2023
Sharjil Haque and Richard Varghese
Board of Governors of the Federal Reserve System and International Monetary Fund (IMF)
Downloads 183 (344,098)

Abstract:

Loading...

Capital structure, rollover risk, financial constraints, trade-off theory

9.

From Arm's Length to Arm in Arm: Banks and Municipal Bond Financing

Number of pages: 45 Posted: 20 Dec 2023
Gustavo Cortes, Igor Cunha and Sharjil Haque
Warrington College of Business, University of Florida, University of Kentucky and Board of Governors of the Federal Reserve System
Downloads 176 (358,024)

Abstract:

Loading...

Banking relationships, municipal bonds, financial constraints, municipal debt

10.

Indirect Credit Supply: How Bank Lending to Private Credit Shapes Monetary Policy Transmission

Number of pages: 73 Posted: 06 Feb 2025 Last Revised: 15 Mar 2025
Sharjil Haque, Young Soo Jang and Jessie Jiaxu Wang
Board of Governors of the Federal Reserve System, Pennsylvania State University - Smeal College of Business and Board of Governors of the Federal Reserve System
Downloads 164 (378,920)

Abstract:

Loading...

Banks, Nonbank Lenders, Monetary Policy Transmission, Business Development Companies (BDCs), Private Credit Funds, Direct Lending, Middle Market Lending

11.

Private Equity and Debt Contract Enforcement: Evidence from Covenant Violations

FEDS Working Paper No. 2023-18
Number of pages: 69 Posted: 05 May 2023
Sharjil Haque and Anya Kleymenova
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 127 (466,243)

Abstract:

Loading...

Private Equity Funds, Covenants, Debt Contract Enforcement, Bank Lending

12.

Private Credit: Characteristics and Risks

FEDS Notes No. 2024-02-23-2
Posted: 29 Feb 2024
Fang Cai and Sharjil Haque
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

Abstract:

Loading...