Douglas W. Diamond

University of Chicago - Booth School of Business

Merton H. Miller Distinguished Service Professor of Finance

5807 S. Woodlawn Avenue

Chicago, IL 60637

United States

http://faculty.chicagobooth.edu/douglas.diamond/

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

21

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22,753

SSRN CITATIONS
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Top 208

in Total Papers Citations

1,678

CROSSREF CITATIONS

2,814

Scholarly Papers (21)

Liquidity Risk, Liquidity Creation and Financial Fragility: A Theory of Banking

Number of pages: 51 Posted: 15 Aug 1998
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 5,461 (2,685)
Citation 257

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Liquidity Risk, Liquidity Creation and Financial Fragility: A Theory of Banking

NBER Working Paper No. w7430
Number of pages: 55 Posted: 25 Jul 2000 Last Revised: 26 Oct 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 274 (190,840)
Citation 4

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2.
Downloads 3,864 ( 4,872)
Citation 381

A Theory of Bank Capital

Number of pages: 53 Posted: 09 Jun 1999
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 3,562 (5,521)
Citation 22

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A Theory of Bank Capital

NBER Working Paper No. w7431
Number of pages: 58 Posted: 25 May 2006 Last Revised: 26 Oct 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 302 (172,350)
Citation 57

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3.

Banks and Liquidity Creation: A Simple Exposition of the Diamond-Dybvig Model

FRB Richmond Economic Quarterly, vol. 93, no. 2, Spring 2007, pp. 189-200
Number of pages: 12 Posted: 09 Dec 2012
Douglas W. Diamond
University of Chicago - Booth School of Business
Downloads 2,025 (13,811)
Citation 20

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4.

Reforming Money Market Funds

Tuck School of Business Working Paper No. 2011-86, Rock Center for Corporate Governance at Stanford University Working Paper No. 109, Columbia Business School Research Paper No. 12-13
Number of pages: 10 Posted: 19 Jan 2011 Last Revised: 20 Feb 2012
Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Dartmouth College - Tuck School of Business, University of Chicago, Booth School of Business, Columbia University - Columbia Business School, Finance, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Dartmouth College - Tuck School of Business, Bank for International Settlements (BIS), Harvard University - Department of Economics and Ohio State University (OSU) - Department of Finance
Downloads 1,956 (14,620)
Citation 3

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5.

Financial Intermediation as Delegated Monitoring: A Simple Example

FRB Richmond Economic Quarterly, vol. 82, no. 3, Summer 1996, pp. 51-66
Number of pages: 16 Posted: 17 Nov 2012
Douglas W. Diamond
University of Chicago - Booth School of Business
Downloads 1,612 (19,706)
Citation 439

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A Theory of Debt Maturity: The Long and Short of Debt Overhang

AFA 2011 Denver Meetings Paper, Chicago Booth Research Paper No. 12-31, Fama-Miller Working Paper
Number of pages: 48 Posted: 22 Jan 2010 Last Revised: 22 Aug 2012
Douglas W. Diamond and Zhiguo He
University of Chicago - Booth School of Business and University of Chicago - Finance
Downloads 1,320 (26,131)
Citation 41

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Wealth transfer, short-term debt crisis, underinvestment, endogenous default

A Theory of Debt Maturity: The Long and Short of Debt Overhang

NBER Working Paper No. w18160
Number of pages: 48 Posted: 16 Jun 2012 Last Revised: 13 Feb 2023
Douglas W. Diamond and Zhiguo He
University of Chicago - Booth School of Business and University of Chicago - Finance
Downloads 91 (483,002)
Citation 13

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Banks, Short Term Debt and Financial Crises: Theory, Policy Implications and Applications

Number of pages: 41 Posted: 31 Aug 2000
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 995 (39,406)
Citation 12

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Banks, Short Term Debt and Financial Crises: Theory, Policy Implications and Applications

NBER Working Paper No. w7764
Number of pages: 41 Posted: 18 Jul 2000 Last Revised: 19 Sep 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 137 (358,325)
Citation 1

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8.
Downloads 900 (45,953)
Citation 224

Liquidity Shortages and Banking Crises

Number of pages: 43 Posted: 02 Jan 2004
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 670 (67,288)

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Liquidity, Crises, Banking

Liquidity Shortages and Banking Crises

NBER Working Paper No. w8937
Number of pages: 55 Posted: 07 Nov 2003 Last Revised: 04 Dec 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 155 (324,094)
Citation 3

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Liquidity Shortages and Banking Crises

NBER Working Paper No. w10071
Number of pages: 44 Posted: 08 Jan 2012 Last Revised: 10 Jul 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 75 (544,311)
Citation 43

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9.

Aligning Incentives at Systemically Important Financial Institutions

Columbia Business School Research Paper No. 13-18, Fisher College of Business Working Paper
Number of pages: 7 Posted: 28 Mar 2013
Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Dartmouth College - Tuck School of Business, University of Chicago, Booth School of Business, Columbia University - Columbia Business School, Finance, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Dartmouth College - Tuck School of Business, Bank for International Settlements (BIS) and Ohio State University (OSU) - Department of Finance
Downloads 821 (52,217)
Citation 1

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Bonus, compensation, contingent convertible bonds, capital, regulation, financial crisis

10.
Downloads 812 (52,951)
Citation 80

Money in a Theory of Banking

Number of pages: 49 Posted: 15 Dec 2003
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 661 (68,470)

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Liquidity, Money, Monetary Policy, Banking

Money in a Theory of Banking

NBER Working Paper No. w10070
Number of pages: 47 Posted: 22 Feb 2005 Last Revised: 09 Jul 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 151 (331,313)
Citation 22

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11.

The Credit Crisis: Conjectures About Causes and Remedies

NBER Working Paper No. w14739
Number of pages: 15 Posted: 21 Feb 2009 Last Revised: 10 Oct 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 620 (75,265)
Citation 30

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12.
Downloads 457 (109,508)
Citation 16

Fear of Fire Sales and the Credit Freeze

BIS Working Paper No. 305
Number of pages: 41 Posted: 05 May 2010
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 270 (193,694)
Citation 15

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Fire sales, illiquid securities, bank fragility, prudential policy

Fear of Fire Sales and the Credit Freeze

NBER Working Paper No. w14925
Number of pages: 41 Posted: 29 Apr 2009 Last Revised: 14 Oct 2022
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 187 (275,213)

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13.

Liquidity, Banks, and Markets: Effects of Financial Development on Banks and the Maturity of Financial Claims

Number of pages: 38 Posted: 20 Apr 2016
Douglas W. Diamond
University of Chicago - Booth School of Business
Downloads 370 (139,537)
Citation 21

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14.

Corporate Capital Structure: The Control Roles of Bank and Public Debt with Taxes and Costly Bankruptcy

FRB Richmond Economic Quarterly, vol. 80, no. 2, Spring 1994, pp. 11-37
Number of pages: 27 Posted: 14 Nov 2012
Douglas W. Diamond
University of Chicago - Booth School of Business
Downloads 224 (233,606)

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15.
Downloads 200 (259,448)
Citation 5

Liquidity, Pledgeability, and the Nature of Lending

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-09
Number of pages: 60 Posted: 25 Jan 2021
Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Chicago - Booth School of Business
Downloads 186 (276,500)

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liquidity, pledgeability, financial cycle, monitoring, loans, performance-pricing debt, intermediary capital

Liquidity, Pledgeability, and the Nature of Lending

NBER Working Paper No. w28377
Number of pages: 59 Posted: 27 Jan 2021 Last Revised: 16 Jul 2023
Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Chicago - Booth School of Business
Downloads 14 (972,902)

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16.

Illiquidity and Interest Rate Policy

NBER Working Paper No. w15197
Number of pages: 47 Posted: 04 Aug 2009 Last Revised: 12 Jul 2023
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 153 (327,349)

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17.

Should Banks Be Recapitalized?

FRB Richmond Economic Quarterly, Vol. 87, No. 4, Fall 2001, pp. 71-96
Number of pages: 26 Posted: 30 Nov 2012
Douglas W. Diamond
University of Chicago - Booth School of Business
Downloads 114 (410,164)
Citation 9

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18.

Illiquid Banks, Financial Stability, and Interest Rate Policy

NBER Working Paper No. w16994
Number of pages: 55 Posted: 02 May 2011 Last Revised: 09 Jun 2023
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 112 (415,514)
Citation 20

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19.

Pledgeability, Industry Liquidity, and Financing Cycles

NBER Working Paper No. w23055
Number of pages: 52 Posted: 17 Jan 2017 Last Revised: 01 Jul 2023
Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Chicago - Booth School of Business
Downloads 96 (462,657)
Citation 3

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20.

Liquidity Requirements, Liquidity Choice and Financial Stability

NBER Working Paper No. w22053
Number of pages: 45 Posted: 07 Mar 2016 Last Revised: 05 Apr 2023
Douglas W. Diamond and Anil K. Kashyap
University of Chicago - Booth School of Business and University of Chicago, Booth School of Business
Downloads 73 (545,851)
Citation 27

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21.

Aligning Incentives at Systemically Important Financial Institutions: A Proposal by the Squam Lake Group

Journal of Applied Corporate Finance, Vol. 25, Issue 4, pp. 37-40, 2013
Number of pages: 6 Posted: 01 Mar 2023
Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Dartmouth College - Tuck School of Business, University of Chicago, Booth School of Business, Columbia University - Columbia Business School, Finance, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Dartmouth College - Tuck School of Business, Bank for International Settlements (BIS) and Ohio State University (OSU) - Department of Finance
Downloads 66 (576,202)
Citation 1

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