Details about Viral V. Acharya

Access statistics for papers by Viral V. Acharya.

Last updated 2009-10-10. Update your information in the RePEc Author Service.

Short-id: pac33

Working Papers

2009

1. A Theory of Slow-Moving Capital and Contagion
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
2. A Theory of Systemic Risk and Design of Prudential Bank Regulation
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   See also Journal Article in Journal of Financial Stability (2009)
3. Cash Holdings and Credit Risk
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
4. Corporate Governance and Value Creation: Evidence from Private Equity
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
5. Labor Laws and Innovation
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
6. Limits to Arbitrage and Hedging: Evidence from Commodity Markets
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
7. Private Equity vs. PLC Boards: A Comparison of Practices and Effectiveness - Summary of Research Findings
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
8. Rollover Risk and Market Freezes
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
9. The Internal Governance of Firms
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2008

10. Corporate Governance Externalities
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
11. Creditor Rights and Corporate Risk-taking
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
12. Endogenous Information Flows and the Clustering of Announcements
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
13. Imperfect Competition in the Inter-Bank Market for Liquidity as a Rationale for Central Banking
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
14. Moral Hazard, Collateral and Liquidity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

2007

15. Bankruptcy Codes and Innovation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
16. Finance and Efficiency: Do Bank Branching Regulations Matter?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2006)
17. Fire Sales, Foreign Entry and Bank Liquidity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
18. Fire-sale FDI
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
19. Liquidity Risk and Correlation Risk: A Clinical Study of the General Motors and Ford Downgrade of May 2005
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
20. More Insiders, More Insider Trading: Evidence from Private Equity Buyouts
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2005

21. Cash-in-the-Market Pricing and Optimal Bank Bailout Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
22. Cross-Country Variations in Capital Structures: The Role of Bankruptcy Codes
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
23. Insider Trading in Credit Derivatives
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Journal of Financial Economics (2007)
24. Is Cash Negative Debt? A Hedging Perspective on Corporate Financial Policies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005)
    See also Journal Article in Journal of Financial Intermediation (2007)

2004

25. Asset Pricing with Liquidity Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations
    See also Journal Article in Journal of Financial Economics (2005)
26. Too Many to Fail - An Analysis of Time Inconsistency in Bank Closure Policies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Bank of England working papers, Bank of England
    See also Journal Article in Journal of Financial Intermediation (2007)

2003

27. Information Contagion and Inter-Bank Correlation in a Theory of Systemic Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
28. Optimal Financial Market Integration and Security Design
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Journal of Business (2005)
29. Understanding the Recovery Rates on Defaulted Securities
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

2002

30. Corporate Bond Valuation and Hedging with Stochastic Interest Rates and Endogenous Bankruptcy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Review of Financial Studies (2002)
31. Entrepreneurial Incentives in Stock Market Economies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
32. Is the International Convergence of Capital Adequacy Regulation Desirable?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Journal of Finance (2003)
33. Pricing Credit Derivatives with Rating Transitions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
34. Should banks be diversified? Evidence from individual bank loan portfolios
    BIS Working Papers, Bank for International Settlements View citations
    See also Journal Article in Journal of Business (2006)
35. The Effects of Focus and Diversification on Bank Risk and Return: Evidence from Individual Bank Loan Portfolios
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Proceedings (2002)
36. When Does Strategic Debt Service Matter?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Economic Theory (2006)

2000

37. Costly Financing, Optimal Payout Policies and the Valuation of Corporate Debt
    New York University, Leonard N. Stern School Finance Department Working Paper Seires, New York University, Leonard N. Stern School of Business- View citations

1999

38. On the Optimality of Resetting Executive Stock Options
    New York University, Leonard N. Stern School Finance Department Working Paper Seires, New York University, Leonard N. Stern School of Business- View citations
    See also Journal Article in Journal of Financial Economics (2000)

1998

39. Contract Renegotiation and the Optimality of resetting Executive Stock Options
    New York University, Leonard N. Stern School Finance Department Working Paper Seires, New York University, Leonard N. Stern School of Business- View citations

Undated

40. Cash-in-the-market pricing and optimal resolution of bank failures
    Bank of England working papers, Bank of England View citations
    See also Journal Article in Review of Financial Studies (2008)

Journal Articles

2009

1. A theory of systemic risk and design of prudential bank regulation
   Journal of Financial Stability, 2009, 5, (3), 224-255 View citations
   See also Working Paper (2009)
2. Managerial hedging, equity ownership, and firm value
   RAND Journal of Economics, 2009, 40, (1), 47-77 View citations
3. Private Equity vs. PLC Boards in the U.K.: A Comparison of Practices and Effectiveness
   Journal of Applied Corporate Finance, 2009, 21, (1), 45-56

2008

4. Cash-in-the-Market Pricing and Optimal Resolution of Bank Failures
   Review of Financial Studies, 2008, 21, (6), 2705-2742 View citations
   See also Working Paper
5. Information Contagion and Bank Herding
   Journal of Money, Credit and Banking, 2008, 40, (1), 215-231

2007

6. Does industry-wide distress affect defaulted firms? Evidence from creditor recoveries
   Journal of Financial Economics, 2007, 85, (3), 787-821 View citations
7. Insider trading in credit derivatives
   Journal of Financial Economics, 2007, 84, (1), 110-141 View citations
   See also Working Paper (2005)
8. Is cash negative debt? A hedging perspective on corporate financial policies
   Journal of Financial Intermediation, 2007, 16, (4), 515-554 View citations
   See also Working Paper (2005)
9. Private Equity: Boom and Bust?
   Journal of Applied Corporate Finance, 2007, 19, (4), 44-53
10. Too many to fail--An analysis of time-inconsistency in bank closure policies
    Journal of Financial Intermediation, 2007, 16, (1), 1-31 View citations
    See also Working Paper (2004)

2006

11. Should Banks Be Diversified? Evidence from Individual Bank Loan Portfolios
    Journal of Business, 2006, 79, (3), 1355-1412 View citations
    See also Working Paper (2002)
12. When does Strategic Debt-service Matter?
    Economic Theory, 2006, 29, (2), 363-378 View citations
    See also Working Paper (2002)

2005

13. Asset pricing with liquidity risk
    Journal of Financial Economics, 2005, 77, (2), 375-410 View citations
    See also Working Paper (2004)
14. Optimal Financial-Market Integration and Security Design
    Journal of Business, 2005, 78, (6), 2397-2434
    See also Working Paper (2003)

2003

15. Is the International Convergence of Capital Adequacy Regulation Desirable?
    Journal of Finance, 2003, 58, (6), 2745-2782 View citations
    See also Working Paper (2002)

2002

16. Corporate Bond Valuation and Hedging with Stochastic Interest Rates and Endogenous Bankruptcy
    Review of Financial Studies, 2002, 15, (5), 1355-1383 View citations
    See also Working Paper (2002)
17. Should banks be diversified? evidence from individual bank portfolios
    Proceedings, 2002, (May), 308-334 View citations
18. The effects of focus and diversification on bank risk and return: evidence from individual bank loan portfolios
    Proceedings, 2002, (May) View citations
    See also Working Paper (2002)

2000

19. On the optimality of resetting executive stock options
    Journal of Financial Economics, 2000, 57, (1), 65-101 View citations
    See also Working Paper (1999)