Douglas M. Gale

New York University (NYU) - Department of Economics

269 Mercer Street, 7th Floor

New York, NY 10011

United States

  • New York University (NYU) - Department of Economics

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SCHOLARLY PAPERS

26

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550

CROSSREF CITATIONS

897

Scholarly Papers (26)

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1.

An Introduction to Financial Crises

Wharton Financial Institutions Center Working Paper No. 07-20
Number of pages: 41 Posted: 22 Aug 2007
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics
Downloads 1,751 (17,422)
Citation 5

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2.

Competition and Financial Stability

Downloads 1,389 (24,750)

Competition and Financial Stability

NYU Working Paper No. S-FI-03-06
Number of pages: 46 Posted: 11 Nov 2008
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics
Downloads 1,389 (24,323)
Citation 27

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Competition and Financial Stability

Wharton Financial Institutions Center Working Paper No. 03-26
Posted: 06 Oct 2003
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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3.

Rollover Risk and Market Freezes

Downloads 1,057 (36,768)
Citation 164

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, Viral V. Acharya, Douglas M. Gale and Tanju Yorulmazer
New York University (NYU) - Leonard N. Stern School of Business, New York University (NYU) - Department of Economics and Koc University
Downloads 716 (61,867)
Citation 3

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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, Viral V. Acharya, Douglas M. Gale and Tanju Yorulmazer
New York University (NYU) - Leonard N. Stern School of Business, New York University (NYU) - Department of Economics and Koc University
Downloads 241 (217,338)
Citation 1

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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 Last Revised: 01 May 2022
Viral V. Acharya, Viral V. Acharya, Douglas M. Gale and Tanju Yorulmazer
New York University (NYU) - Leonard N. Stern School of Business, New York University (NYU) - Department of Economics and Koc University
Downloads 93 (477,143)
Citation 45

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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, Viral V. Acharya, Douglas M. Gale and Tanju Yorulmazer
New York University (NYU) - Leonard N. Stern School of Business, New York University (NYU) - Department of Economics and Koc University
Downloads 7 (1,044,752)
Citation 46
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asset-backed commercial paper, credit risk, haircut, liquidation cost, repo, secured borrowing

4.

Systemic Risk and Regulation

Wharton Financial Institutions Center Working Paper No. 95-24
Number of pages: 35 Posted: 30 Aug 2005
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics
Downloads 1,045 (37,394)
Citation 19

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5.

How Should Bank Liquidity Be Regulated?

Number of pages: 29 Posted: 21 Apr 2017
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics
Downloads 614 (76,281)
Citation 14

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6.

Liquidity Hoarding

Downloads 445 (113,115)
Citation 37

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 Koc University
Downloads 297 (175,747)
Citation 43

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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 Koc University
Downloads 148 (337,548)
Citation 18

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Interbank Market, Fire Sale

7.

Financial Fragility, Liquidity and Asset Prices

NYU Working Paper No. S-FI-03-07
Number of pages: 32 Posted: 11 Nov 2008
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics
Downloads 396 (129,580)
Citation 11

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financial crisis, financial fragility, liquidity, sunspots

8.

Financial Intermediaries and Markets

NYU Working Paper No. S-FI-03-16
Number of pages: 39 Posted: 11 Nov 2008
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics
Downloads 386 (133,402)
Citation 23

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9.

Dollarization, Bailouts, and the Stability of the Banking System

Downloads 315 (166,258)
Citation 38

Dollarization, Bailouts, and the Stability of the Banking System

Number of pages: 43 Posted: 13 Jul 2001
Xavier Vives and Douglas M. Gale
University of Navarra - IESE Business School and New York University (NYU) - Department of Economics
Downloads 293 (178,350)
Citation 1

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Moral hazard, banking crisis, lender of last resort, liquidity, IMF

Dollarization, Bailouts and the Stability of the Banking System

Number of pages: 48 Posted: 28 Aug 2001
Douglas M. Gale and Xavier Vives
New York University (NYU) - Department of Economics and University of Navarra - IESE Business School
Downloads 22 (891,665)
Citation 14
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Moral hazard, banking crisis, lender of last esort, liquidity, IMF

10.

Dynamic Bank Capital Regulation in Equilibrium

WBS Finance Group Research Paper No. 240
Number of pages: 63 Posted: 18 Oct 2017 Last Revised: 26 Dec 2019
Douglas M. Gale, Andrea Gamba and Marcella Lucchetta
New York University (NYU) - Department of Economics, University of Warwick - Finance Group and Ca Foscari University of Venice
Downloads 252 (208,853)

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Bank Regulation, Capital Requirements, General Equilibrium, Aggregate Risk

11.

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 Koc University
Downloads 246 (213,876)
Citation 7

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

12.

On Interest Rate Policy and Asset Bubbles

FRB of Chicago Working Paper No. WP-2017-16
Number of pages: 52 Posted: 19 Sep 2017 Last Revised: 29 Apr 2020
Franklin Allen, Gadi Barlevy and Douglas M. Gale
Imperial College London, Federal Reserve Bank of Chicago and New York University (NYU) - Department of Economics
Downloads 190 (272,242)
Citation 1

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Interest rate, monetary policy, asset bubble

13.

Illiquidity and Under-Valuation of Firms

Downloads 165 (307,507)

Illiquidity and Under-Valuation of Firms

CESifo Working Paper Series No. 2900
Number of pages: 43 Posted: 27 Jan 2010
Douglas M. Gale and Piero Gottardi
New York University (NYU) - Department of Economics and University of Essex - Department of Economics
Downloads 90 (487,335)

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illiquid markets, default, incomplete markets, price distortions, inefficient investment

Illiquidity and Under-Valuation of Firms

University Ca' Foscari of Venice, Dept. of Economics Research Paper Series No. 36/WP/2008
Number of pages: 39 Posted: 18 Nov 2008
Douglas M. Gale and Piero Gottardi
New York University (NYU) - Department of Economics and University of Essex - Department of Economics
Downloads 75 (545,505)

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illiquid markets, default, incomplete markets, price distortions, inefficient investment

14.

Money, Financial Stability and Efficiency

Downloads 163 (310,703)
Citation 34

Money, Financial Stability and Efficiency

Number of pages: 44 Posted: 18 Jan 2011
Franklin Allen, Elena Carletti and Douglas M. Gale
Imperial College London, Bocconi University - Department of Finance and New York University (NYU) - Department of Economics
Downloads 154 (326,492)
Citation 3

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Money, Financial Stability and Efficiency

CEPR Discussion Paper No. DP8553
Number of pages: 47 Posted: 16 Sep 2011
Franklin Allen, Elena Carletti and Douglas M. Gale
Imperial College London, Bocconi University - Department of Finance and New York University (NYU) - Department of Economics
Downloads 9 (1,026,057)
Citation 8
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monetary policy, nominal contracts

15.

Equilibrium Theory of Banks' Capital Structure

CESifo Working Paper Series No. 6580
Number of pages: 43 Posted: 23 Aug 2017
Douglas M. Gale and Piero Gottardi
New York University (NYU) - Department of Economics and University of Essex - Department of Economics
Downloads 129 (374,751)
Citation 8

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capital structure, banks, bankruptcy

16.

A Comment on Monetary Policy and Rational Asset Price Bubbles

FRB of Chicago Working Paper No. 2023-25
Number of pages: 33 Posted: 28 Jul 2023
Franklin Allen, Gadi Barlevy and Douglas M. Gale
Imperial College London, Federal Reserve Bank of Chicago and New York University (NYU) - Department of Economics
Downloads 61 (600,397)

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bubbles, monetary policy, interest rate rules, lean versus clean

17.

A Comparative Theory of Corporate Governance

Wharton Financial Institutions Center Working Paper No. 03-27
Posted: 12 Oct 2003
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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18.

Capital Adequacy Regulation: In Search of a Rationale

WFIC Working Paper No. 03-07
Posted: 18 Jun 2003
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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19.

Asset Price Bubbles and Stock Market Interlinkages

WFIC Working Paper No. 02-22
Posted: 03 Sep 2002
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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20.

Banking and Markets

Posted: 22 Jan 2002
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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21.

Financial Contagion

Posted: 04 Jan 2000
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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22.

Diversity of Opinion and Financing of New Technologies

Posted: 03 Apr 1999
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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23.

A Welfare Comparison of the German and U.S. Financial Systems

Rodney L White Center for Financial Research Working Paper 13-94
Posted: 06 Jan 1999
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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24.

Bubbles and Crises

98-01
Posted: 11 Feb 1998
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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25.

Optimal Financial Crises

97-01
Posted: 25 Feb 1997
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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26.

Financial Markets, Intermediaries, and Intertemporal Smoothing

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Financial Markets, Intermediaries, and Intertemporal Smoothing

JOURNAL OF POLITICAL ECONOMY, Vol 105 No 3, June 1997
Posted: 14 Jul 1997
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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Financial Markets, Intermediaries, and Intertemporal Smoothing

95-4
Posted: 05 Apr 1995
Franklin Allen and Douglas M. Gale
Imperial College London and New York University (NYU) - Department of Economics

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