Deniz Anginer

World Bank Research

1818 H Street, NW

Washington, DC 20433

United States

SCHOLARLY PAPERS

22

DOWNLOADS
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SSRN RANKINGS

Top 2,462

in Total Papers Downloads

11,631

CITATIONS
Rank 10,545

SSRN RANKINGS

Top 10,545

in Total Papers Citations

40

Scholarly Papers (22)

1.

The End of Market Discipline? Investor Expectations of Implicit Government Guarantees

Number of pages: 58 Posted: 19 Nov 2011 Last Revised: 12 Jun 2016
New York University - Leonard N. Stern School of Business, World Bank Research and Syracuse University - College of Law
Downloads 2,536 (2,613)
Citation 2

Abstract:

Too big to fail, financial crisis, Dodd-Frank, bailout, implicit guarantee, moral hazard, systemic risk

Is there a Distress Risk Anomaly? Pricing of Systematic Default Risk in the Cross Section of Equity Returns

Number of pages: 51 Posted: 19 Nov 2009 Last Revised: 29 Mar 2017
Deniz Anginer and Celim Yildizhan
World Bank Research and University of Georgia - C. Herman and Mary Virginia Terry College of Business
Downloads 1,235 (11,985)
Citation 2

Abstract:

Default risk, systematic default risk, credit risk, distress risk anomaly, bankruptcy, credit spread, asset-pricing anomalies, pricing of default risk, corporate bonds

Is There a Distress Risk Anomaly? Pricing of Systematic Default Risk in the Cross Section of Equity Returns

World Bank Policy Research Working Paper No. 5319
Number of pages: 50 Posted: 20 Apr 2016
Deniz Anginer and Celim Yildizhan
World Bank Research and University of Georgia - C. Herman and Mary Virginia Terry College of Business
Downloads 344 (69,587)
Citation 9

Abstract:

Debt Markets, Mutual Funds, Emerging Markets, Bankruptcy and Resolution of Financial Distress, Deposit Insurance

3.

Affect in a Behavioral Asset Pricing Model

Number of pages: 26 Posted: 17 Feb 2008
Meir Statman, Kenneth L. Fisher and Deniz Anginer
Santa Clara University - Department of Finance, Fisher Investments, Inc. and World Bank Research
Downloads 1,342 (8,269)
Citation 14

Abstract:

asset pricing models, market efficiency, behavioral finance, emotions, cognitive biases

4.
Downloads 1,035 ( 16,108)
Citation 1

How Does Bank Competition Affect Systemic Stability?

Journal of Financial Intermediation, Forthcoming
Number of pages: 45 Posted: 13 Mar 2012 Last Revised: 08 Dec 2013
Deniz Anginer, Asli Demirgüç-Kunt and Min Zhu
World Bank Research, World Bank - Development Research Group and City University of Hong Kong (CityUHK)
Downloads 577 (36,510)
Citation 1

Abstract:

Systemic risk, bank competition, credit risk, merton model, distance to default, default risk, lerner index, bank concentration

How Does Bank Competition Affect Systemic Stability?

World Bank Policy Research Working Paper No. 5981
Number of pages: 41 Posted: 20 Apr 2016
Deniz Anginer, Asli Demirgüç-Kunt and Min Zhu
World Bank Research, World Bank - Development Research Group and City University of Hong Kong (CityUHK)
Downloads 458 (49,211)
Citation 1

Abstract:

Banks & Banking Reform, Access to Finance, Debt Markets, Financial Intermediation, Emerging Markets

5.

Stocks of Admired Companies and Spurned Ones

SCU Leavey School of Business Research Paper No. 10-02
Number of pages: 17 Posted: 24 Jan 2010
Meir Statman and Deniz Anginer
Santa Clara University - Department of Finance and World Bank Research
Downloads 752 (20,906)
Citation 3

Abstract:

behavioral finance, investor behavior, efficient market theory, affect

6.

Stocks of Admired Companies and Despised Ones

Number of pages: 29 Posted: 12 Feb 2007
Deniz Anginer, Kenneth L. Fisher and Meir Statman
World Bank Research, Fisher Investments, Inc. and Santa Clara University - Department of Finance
Downloads 632 (29,227)
Citation 3

Abstract:

behavioral finance, emotions, cognitive biases, affect, asset pricing models, fortune magazine

The Chrysler Effect: The Impact of Government Intervention on Borrowing Costs

Journal of Banking and Finance, Forthcoming
Number of pages: 57 Posted: 16 Jul 2010 Last Revised: 05 Nov 2013
Deniz Anginer and A. Joseph Warburton
World Bank Research and Syracuse University - College of Law
Downloads 304 (80,135)
Citation 2

Abstract:

Chrysler, General Motors, bankruptcy, TARP, government regulation, bailout, cost of capital

The Chrysler Effect: The Impact of the Chrysler Bailout on Borrowing Costs

World Bank Policy Research Working Paper No. 5462
Number of pages: 48 Posted: 20 Apr 2016
Deniz Anginer and A. Joseph Warburton
World Bank Research and Syracuse University - College of Law
Downloads 149 (162,709)
Citation 2

Abstract:

Debt Markets, Bankruptcy and Resolution of Financial Distress, Emerging Markets, Deposit Insurance, Access to Finance

How Does Deposit Insurance Affect Bank Risk? Evidence from the Recent Crisis

Journal of Banking and Finance, Forthcoming
Number of pages: 25 Posted: 30 Oct 2012 Last Revised: 08 Dec 2013
Deniz Anginer, Asli Demirgüç-Kunt and Min Zhu
World Bank Research, World Bank - Development Research Group and City University of Hong Kong (CityUHK)
Downloads 253 (98,191)
Citation 4

Abstract:

bank risk, systemic risk, deposit insurance

How Does Deposit Insurance Affect Bank Risk? Evidence from the Recent Crisis

World Bank Policy Research Working Paper No. 6289
Number of pages: 29 Posted: 20 Apr 2016
Deniz Anginer, Asli Demirgüç-Kunt and Min Zhu
World Bank Research, World Bank - Development Research Group and City University of Hong Kong (CityUHK)
Downloads 156 (156,254)
Citation 4

Abstract:

Banks & Banking Reform, Debt Markets, Deposit Insurance, Emerging Markets, Bankruptcy and Resolution of Financial Distress

How Does Corporate Governance Affect Bank Capitalization Strategies?

European Banking Center Discussion Paper No. 2013-011, CentER Discussion Paper Series Nol 2013-054
Number of pages: 48 Posted: 07 Oct 2013 Last Revised: 17 Feb 2015
World Bank Research, World Bank - Development Research Group, Tilburg University - Center for Economic Research (CentER) and University of Warwick - Finance Group
Downloads 205 (121,609)

Abstract:

Bank capital, Dividend payouts, Corporate governance, Executive compensation

How Does Corporate Governance Affect Bank Capitalization Strategies?

World Bank Policy Research Working Paper No. 6636
Number of pages: 49 Posted: 20 Apr 2016
World Bank Research, World Bank - Development Research Group, Tilburg University - Center for Economic Research (CentER) and University of Warwick - Finance Group
Downloads 111 (205,425)

Abstract:

Banks & Banking Reform, Debt Markets, Economic Theory & Research, Investment and Investment Climate, Corporate Law

How Does Corporate Governance Affect Bank Capitalization Strategies?

CEPR Discussion Paper No. DP9674
Number of pages: 50 Posted: 07 Oct 2013
World Bank Research, World Bank - Development Research Group, Tilburg University - Center for Economic Research (CentER) and University of Warwick - Finance Group
Downloads 0

Abstract:

Bank capital, Corporate governance, Dividend payouts, Executive compensation

Corporate Governance and Bank Insolvency Risk: International Evidence

World Bank Policy Research Working Paper No. 7017
Number of pages: 53 Posted: 20 Apr 2016
World Bank Research, World Bank - Development Research Group, Tilburg University - Center for Economic Research (CentER) and University of Warwick - Finance Group
Downloads 147 (164,575)

Abstract:

Banking Law, Legal Products, Judicial System Reform, Safety Nets and Transfers, Legislation, Regulatory Regimes, Financial Sector Policy, Anthropology, Gender and Social Development, Banks & Banking Reform, Social Policy, Law Finance and Growth, Legal Reform, Financial Law, Financial Regulation & Supervision

Corporate Governance and Bank Insolvency Risk: International Evidence

European Banking Center Discussion Paper Series No. 2014-010, CentER Discussion Paper Series No. 2014-053
Number of pages: 52 Posted: 04 Sep 2014
World Bank Research, World Bank - Development Research Group, Tilburg University - Center for Economic Research (CentER) and University of Warwick - Finance Group
Downloads 122 (191,284)

Abstract:

Corporate governance; Bank insolvency; Capitalization; Non-performing loans

Corporate Governance and Bank Insolvency Risk: International Evidence

CEPR Discussion Paper No. DP10185
Number of pages: 53 Posted: 06 Oct 2014
World Bank Research, World Bank - Development Research Group, Tilburg University - Center for Economic Research (CentER) and University of Warwick - Finance Group
Downloads 1 (568,437)

Abstract:

Bank insolvency, Capitalization, Corporate governance, Non-performing loans

11.

Can Anomalies Survive Insider Disagreements?

Marshall School of Business Working Paper No. 17-1
Number of pages: 56 Posted: 03 Jul 2015 Last Revised: 21 Feb 2017
Deniz Anginer, Gerard Hoberg and H. Nejat Seyhun
World Bank Research, University of Southern California - Marshall School of Business and University of Michigan, Stephen M. Ross School of Business
Downloads 225 (49,892)

Abstract:

Anomalies, behavioral finance, asset pricing, factor models, market efficiency, insider trading

12.
Downloads 193 (128,970)

Liquidity Clienteles

Number of pages: 46 Posted: 03 Jun 2010 Last Revised: 30 Apr 2011
Deniz Anginer
World Bank Research
Downloads 112 (204,048)

Abstract:

Transaction costs, Liquidity, Individual investor

Liquidity Clienteles: Transaction Costs and Investment Decisions of Individual Investors

World Bank Policy Research Working Paper No. 5318
Number of pages: 56 Posted: 20 Apr 2016
Deniz Anginer
World Bank Research
Downloads 81 (254,495)

Abstract:

Debt Markets, Mutual Funds, Emerging Markets, Economic Theory & Research, Markets and Market Access

13.

Has the Global Banking System Become More Fragile Over Time?

World Bank Policy Research Working Paper No. 5849
Number of pages: 38 Posted: 20 Apr 2016
Deniz Anginer and Asli Demirgüç-Kunt
World Bank Research and World Bank - Development Research Group
Downloads 138 (151,879)
Citation 1

Abstract:

Banks & Banking Reform, Debt Markets, Financial Intermediation, Emerging Markets, Access to Finance

14.

Bank Capital and Systemic Stability

World Bank Policy Research Working Paper No. 6948
Number of pages: 42 Posted: 20 Apr 2016
Deniz Anginer and Asli Demirgüç-Kunt
World Bank Research and World Bank - Development Research Group
Downloads 129 (109,383)

Abstract:

Banks & Banking Reform, Access to Finance, Banking Law, Debt Markets, Financial Intermediation

15.

Should Size Matter When Regulating Firms? Implications from Backdating of Executive Options

New York University Journal of Legislation and Public Policy, Forthcoming, Ross School of Business Paper
Number of pages: 49 Posted: 10 Apr 2011 Last Revised: 04 Aug 2011
World Bank Research, University of Michigan, Stephen M. Ross School of Business, University of Michigan, Stephen M. Ross School of Business and University of Michigan, Stephen M. Ross School of Business
Downloads 104 (195,478)
Citation 1

Abstract:

Exemptions for small firms, Options backdating

Do Individual Investors Ignore Transaction Costs?

Number of pages: 56 Posted: 26 May 2017 Last Revised: 23 Jun 2017
Deniz Anginer, Xue Snow Han and Celim Yildizhan
World Bank Research, San Francisco State University and University of Georgia - C. Herman and Mary Virginia Terry College of Business
Downloads 65 (289,278)

Abstract:

Individual Investors' Liquidity Decisions, Individual Investors' Rationality, Liquidity Decisions and Trading Ability, Attention to Non-Salient Transaction Costs and Rationality

Do Individual Investors Ignore Transaction Costs?

World Bank Policy Research Working Paper No. 8098
Number of pages: 57 Posted: 13 Jun 2017
Deniz Anginer, Xue Snow Han and Celim Yildizhan
World Bank Research, San Francisco State University and University of Georgia - C. Herman and Mary Virginia Terry College of Business
Downloads 7 (530,105)

Abstract:

17.

Risk Absorption by the State: When is it Good Public Policy?

World Bank Policy Research Working Paper No. 5893
Number of pages: 31 Posted: 20 Apr 2016
Deniz Anginer, Augusto de la Torre and Alain Ize
World Bank Research, World Bank - Research Department and World Bank
Downloads 49 (290,537)

Abstract:

Debt Markets, Banks & Banking Reform, Access to Finance, Insurance & Risk Mitigation, Labor Policies

18.

Foreign Bank Subsidiaries'Default Risk During the Global Crisis: What Factors Help Insulate Affiliates from Their Parents?

World Bank Policy Research Working Paper No. 7053
Number of pages: 45 Posted: 20 Apr 2016
World Bank Research, Johns Hopkins University and International Monetary Fund (IMF)
Downloads 27 (366,275)

Abstract:

Economic Insecurity

19.

Risk-Bearing by the State: When Is It Good Policy?

Journal of Financial Stability, Vol. 10, p. 74, 2014
Number of pages: 11 Posted: 30 Nov 2014
Deniz Anginer, Augusto de la Torre and Alain Ize
World Bank Research, World Bank - Research Department and World Bank
Downloads 10 (411,099)

Abstract:

partial credit guarantees, development banks, risk premia, financial intermediaries, lender of last resort, public guarantees, public risk absorption, Arrow-Lind theorem

20.

Foreign Bank Subsidiaries' Default Risk During the Global Crisis: What Factors Help Insulate Affiliates from Their Parents?

IMF Working Paper No. 16/109
Number of pages: 32 Posted: 09 Dec 2016
World Bank Research, Johns Hopkins University and International Monetary Fund (IMF)
Downloads 0 (472,435)

Abstract:

Foreign banks, Default, Financial risk, Cross-border banking, Bank regulations, Developing countries, Global Financial Crisis 2008-2009, Banking crises, default risk, ring-fencing, bank subsidiaries, distance to default, Mertonmodel.

Firm Reputation and the Cost of Debt Capital

Posted: 29 Jun 2011 Last Revised: 22 May 2017
World Bank Research, Virginia Tech, Syracuse University - College of Law and University of Georgia - C. Herman and Mary Virginia Terry College of Business

Abstract:

firm reputation, firm intangibles, covenant restrictions, bankruptcy risk, cost of debt

Firm Reputation and the Cost of Debt Capital

Posted: 18 Mar 2012 Last Revised: 22 May 2017
World Bank Research, Virginia Tech, Syracuse University - College of Law and University of Georgia - C. Herman and Mary Virginia Terry College of Business

Abstract:

Cost of debt and firm reputation, cost of capital and firm reputation, credit risk and firm reputation, cost of debt and firm intangibles, covenant restrictions and firm reputation, fraud and firm reputation, bankruptcy risk and firm reputation

22.

Perspectives-Affect in a Behavioral Asset-Pricing Model

Financial Analysts Journal, Vol. 64, No. 2, 2008
Posted: 18 May 2008
Meir Statman, Kenneth L. Fisher and Deniz Anginer
Santa Clara University - Department of Finance, Fisher Investments, Inc. and World Bank Research

Abstract:

Equity Investments, Fundamental Analysis and Valuation Models, Investment Theory, CAPM, APT, and Other Pricing Theories, Behavioral Finance