Details about Raghuram G. Rajan

Homepage:

http://gsbwww.uchicago.edu/fac/raghuram.rajan/research/

Workplace:

Center for Research in Security Prices (CRSP), Booth School of Business, University of Chicago, (more information at EDIRC) George J. Stigler Center for the Study of the Economy and the State, Booth School of Business, University of Chicago, (more information at EDIRC) Booth School of Business, University of Chicago, (more information at EDIRC) International Monetary Fund (IMF), (more information at EDIRC) Sloan School of Management, Massachusetts Institute of Technology (MIT), (more information at EDIRC)

Access statistics for papers by Raghuram G. Rajan.

Last updated 2013-03-10. Update your information in the RePEc Author Service.

Short-id: pra149

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Working Papers

2012

1. Constituencies and legislation: the fight over the McFadden Act of 1927
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (1)
2. The Anatomy of a Credit Crisis: The Boom and Bust in Farm Land Prices in the United States in the 1920s
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2012)
3. The Corporation in Finance
   NBER Working Papers, National Bureau of Economic Research, Inc

2011

4. Failed States, Vicious Cycles, and a Proposal
   Working Papers, eSocialSciences
5. Illiquid Banks, Financial Stability, and Interest Rate Policy
   NBER Working Papers, National Bureau of Economic Research, Inc
   See also Journal Article in Journal of Political Economy (2012)
6. Sovereign Debt, Government Myopia, and the Financial Sector
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011)
7. Trade Credit Contracts
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   Also in Policy Research Working Paper Series, The World Bank (2010)
   Policy Research Working Paper Series, The World Bank (2011) View citations (1)
   See also Journal Article in Review of Financial Studies (2012)

2009

8. Aid, Dutch Disease, and Manufacturing Growth
   Working Papers, Center for Global Development View citations (2)
   See also Journal Article in Journal of Development Economics (2011)
9. Fear of Fire Sales and the Credit Freeze
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
10. Illiquidity and Interest Rate Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
11. Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    See also Journal Article in Journal of Finance (2011)
12. The Credit Crisis: Conjectures about Causes and Remedies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (45)
    See also Journal Article in American Economic Review (2009)
13. The Internal Governance of Firms
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009)
    See also Journal Article in Journal of Finance (2011)

2008

14. A Pragmatic Approach to Capital Account Liberalization
    IZA Discussion Papers, Institute for the Study of Labor (IZA) View citations (24)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (32)
    See also Journal Article in Journal of Economic Perspectives (2008)
15. Draft Report of the Committee on financial Sector Reforms
    Working Papers, eSocialSciences View citations (1)
16. Landed Interests and Financial Underdevelopment in the United States
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)

2007

17. Foreign Capital and Economic Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (99)
    Also in IZA Discussion Papers, Institute for the Study of Labor (IZA) (2007) View citations (85)
    See also Journal Article in Brookings Papers on Economic Activity (2007)

2006

18. Competitive Rent Preservation, Reform Paralysis, and the Persistence of Underdevelopment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
19. India's Pattern of Development: What Happened, What Follows?
    IMF Working Papers, International Monetary Fund View citations (74)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (32)
    See also Journal Article in Journal of Monetary Economics (2006)
20. Modernizing China's Growth Paradigm
    IZA Discussion Papers, Institute for the Study of Labor (IZA) View citations (8)
    See also Journal Article in American Economic Review (2006)
21. Sexual Harassment and Air Force Act, 1950
    Working Papers, eSocialSciences
22. Systematic Hierarchies and Systemic Failures: Gender and Health Inequities in Koppal District
    Working Papers, eSocialSciences
23. The Law of the Law in an Age of Empire
    Working Papers, eSocialSciences
24. The Persistence of Underdevelopment: Institutions, Human Capital or Constituencies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    Also in Working Papers, eSocialSciences (2006) View citations (2)

2005

25. Aid and Growth: What Does The Cross-Country Evidence Really Show?
    Working Papers, eSocialSciences View citations (29)
    Also in IMF Working Papers, International Monetary Fund (2005) View citations (94)
    NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (126)
    See also Journal Article in The Review of Economics and Statistics (2008)
26. Controlled Capital Account Liberalisation: A Proposal
    Working Papers, eSocialSciences
    Also in IMF Policy Discussion Papers, International Monetary Fund (2005) View citations (16)
27. Dollar Shortages and Crises
    MPRA Paper, University Library of Munich, Germany View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (7)
    See also Journal Article in International Journal of Central Banking (2005)
28. Has Financial Development Made the World Riskier?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (70)
    Also in Working Papers, eSocialSciences (2005) View citations (94)
    See also Journal Article in Proceedings (2005)
29. The Real Effect of Banking Crises
    IMF Working Papers, International Monetary Fund View citations (21)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (33)
    See also Journal Article in Journal of Financial Intermediation (2008)
30. What Undermines Aid's Impact on Growth?
    IMF Working Papers, International Monetary Fund View citations (65)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (55)

2004

31. Are Perks Purely Managerial Excess?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article in Journal of Financial Economics (2006)
32. Business Environment and Firm Entry: Evidence from International Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (46)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (45)
    Policy Research Working Paper Series, The World Bank (2004) View citations (36)

2003

33. Banks and Markets: The Changing Character of European Finance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (60)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (69)
34. Liquidity Shortages and Banking Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (15)
    See also Journal Article in Journal of Finance (2005)
35. Money in a Theory of Banking
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    See also Journal Article in American Economic Review (2006)
36. The Emergence of Strong Property Rights: Speculation from history
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
37. The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (46)
    See also Journal Article in The Review of Economics and Statistics (2006)

2002

38. Does Function Follow Organizational Form? Evidence From the Lending Practices of Large and Small Banks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (2002)
    See also Journal Article in Journal of Financial Economics (2005)

2001

39. The Great Reversals: The Politics of Financial Development in the 20th Century
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (36)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (135)
    OECD Economics Department Working Papers, OECD Publishing (2000) View citations (20)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago (2001) View citations (35)
40. The Influence of the Financial Revolution on the Nature of Firms
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (22)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago (2001) View citations (22)
    NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (22)
    See also Journal Article in American Economic Review (2001)

2000

41. Banks, Short Term Debt and Financial Crises: Theory, Policy Implications and Applications
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (23)
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (2001)
42. Does Distance Still Matter? The Information Revolution in Small Business Lending
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    See also Journal Article in Journal of Finance (2002)
43. The Firm as a Dedicated Hierarchy: A Theory of the Origin and Growth of Firms
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article in The Quarterly Journal of Economics (2001)
44. The Governance of the New Enterprise
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (46)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago (1998) View citations (26)

1999

45. A Theory of Bank Capital
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (171)
    See also Journal Article in Journal of Finance (2000)
46. Banks as Liquidity Providers: An Explanation for the Co-Existence of Lending and Deposit-Taking
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (58)
    See also Journal Article in Journal of Finance (2002)
47. Liquidity Risk, Liquidity Creation and Financial Fragility: A Theory of Banking
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (2)
    See also Journal Article in Journal of Political Economy (2001)
48. The Tyranny of Inequality
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995)
    See also Journal Article in Journal of Public Economics (2000)
49. What Determines Firm Size?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (65)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (101)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (74)

1998

50. Power in a Theory of the Firm
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (222)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (3)
    NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (2)
    See also Journal Article in The Quarterly Journal of Economics (1998)
51. The Cost of Diversity: The Diversification Discount and Inefficient Investment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (48)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (165)
    NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (30)
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (166)
    See also Journal Article in Journal of Finance (2000)
52. The Paradox of Liquidity
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (115)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (7)
    See also Journal Article in The Quarterly Journal of Economics (1998)
53. Which Capitalism? Lessons from the East Asian Crisis
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (100)
    See also Journal Article in Journal of Applied Corporate Finance (1998)

1997

54. The Eclipse of the U.S. Tire Industry
    Working Papers, U.S. Census Bureau, Center for Economic Studies
    See also Chapter (2000)

1996

55. Financial Dependence and Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (46)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (80)
    See also Journal Article in American Economic Review (1998)
56. Trade Credit: Theories and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago
    See also Journal Article in Review of Financial Studies (1997)
57. Why Banks Have a Future: An Economic Rationale
    Working Papers, Banca Italia - Servizio di Studi View citations (2)

1995

58. Organization Structure and Credibility: Evidence from Commercial Bank Securities Activities Before the Glass-Steagall Act
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (13)
    See also Journal Article in Journal of Monetary Economics (1997)

1994

59. The Effect of Credit Market Competition on Lending Relationships
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
    See also Journal Article in The Quarterly Journal of Economics (1995)
60. The Role of Firewalls in Universal Banks: Evidence from Commercial Bank Securities Activities before the Glass-Steagall Act
    University of Chicago - George G. Stigler Center for Study of Economy and State, Chicago - Center for Study of Economy and State View citations (2)
61. What Do We Know About Capital Structure? Some Evidence from International Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (135)
    See also Journal Article in Journal of Finance (1995)

1988

62. Pricing commodity bonds using binomial option pricing
    Policy Research Working Paper Series, The World Bank View citations (2)

Undated

63. The Past and Future of Commercial Banking Viewed Through an Incomplete Contract Lens
    CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (2)
    See also Journal Article in Journal of Money, Credit and Banking (1998)
64. The Post-Washington Consensus: Development after the Crisis - Working Paper 244
    Working Papers, Center for Global Development

Journal Articles

2012

1. Illiquid Banks, Financial Stability, and Interest Rate Policy
   Journal of Political Economy, 2012, 120, (3), 552 - 591
   See also Working Paper (2011)
2. Presidential Address: The Corporation in Finance
   Journal of Finance, 2012, 67, (4), 1173-1217
3. Trade Credit Contracts
   Review of Financial Studies, 2012, 25, (3), 838-867 View citations (1)
   See also Working Paper (2011)

2011

4. Aid, Dutch disease, and manufacturing growth
   Journal of Development Economics, 2011, 94, (1), 106-118 View citations (21)
   See also Working Paper (2009)
5. Can soft power help the IMF make the world more stable?
   Review of World Economics (Weltwirtschaftliches Archiv), 2011, 147, (1), 1-10
6. Fear of Fire Sales, Illiquidity Seeking, and Credit Freezes
   The Quarterly Journal of Economics, 2011, 126, (2), 557-591 View citations (4)
7. Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century
   Journal of Finance, 2011, 66, (6), 1895-1931
   See also Working Paper (2009)
8. The Internal Governance of Firms
   Journal of Finance, 2011, 66, (3), 689-720 View citations (3)
   See also Working Paper (2009)

2010

9. The Financial Crisis and the Death (or Hegemony) of Development Economics
   Journal of Economic Education, 2010, 41, (4), 398-402
10. The Squam Lake Report: Fixing the Financial System
    Journal of Applied Corporate Finance, 2010, 22, (3), 8-21 View citations (20)

2009

11. La crisis de crédito: conjeturas sobre las causas y soluciones
    Boletín, 2009, LV, (3), 154-159
12. Rent Preservation and the Persistence of Underdevelopment
    American Economic Journal: Macroeconomics, 2009, 1, (1), 178-218 View citations (6)
13. The Credit Crisis: Conjectures about Causes and Remedies
    American Economic Review, 2009, 99, (2), 606-10 View citations (45)
    See also Working Paper (2009)
14. The credit crisis and cycle-proof regulation
    Review, 2009, (Sep), 397-402 View citations (4)

2008

15. A Pragmatic Approach to Capital Account Liberalization
    Journal of Economic Perspectives, 2008, 22, (3), 149-72 View citations (27)
    See also Working Paper (2008)
16. Aid and Growth: What Does the Cross-Country Evidence Really Show?
    The Review of Economics and Statistics, 2008, 90, (4), 643-665 View citations (41)
    See also Working Paper (2005)
17. Global Imbalances or why are the Poor Financing the Rich?
    De Economist, 2008, 156, (1), 3-24
18. The Contributions of Stewart Myers to the Theory and Practice of Corporate Finance
    Journal of Applied Corporate Finance, 2008, 20, (4), 8-19
19. The Future of the IMF and the World Bank
    American Economic Review, 2008, 98, (2), 110-15 View citations (8)
20. The real effect of banking crises
    Journal of Financial Intermediation, 2008, 17, (1), 89-112 View citations (70)
    See also Working Paper (2005)

2007

21. Does Aid Affect Governance?
    American Economic Review, 2007, 97, (2), 322-327 View citations (17)
22. Financial conditions, alternative asset management and political risks: trying to make sense of our times
    Financial Stability Review, 2007, (10), 137-142
23. Foreign Capital and Economic Growth
    Brookings Papers on Economic Activity, 2007, 38, (1), 153-230 View citations (72)
    See also Working Paper (2007)

2006

24. Are perks purely managerial excess?
    Journal of Financial Economics, 2006, 79, (1), 1-33 View citations (20)
    See also Working Paper (2004)
25. Entry regulation as a barrier to entrepreneurship
    Journal of Financial Economics, 2006, 82, (3), 591-629 View citations (146)
26. Has Finance Made the World Riskier?
    European Financial Management, 2006, 12, (4), 499-533 View citations (27)
27. India's pattern of development: What happened, what follows?
    Journal of Monetary Economics, 2006, 53, (5), 981-1019 View citations (30)
    See also Working Paper (2006)
28. India: The Past and Its Future
    Asian Development Review, 2006, 23-2, (2), 36-52
29. Making Capitalism Work for Everyone
    World Economics, 2006, 7, (1), 1-10 View citations (2)
    Also in Journal of Applied Corporate Finance, 2004, 16, (4), 101-108 (2004) View citations (2)
30. Modernizing China's Growth Paradigm
    American Economic Review, 2006, 96, (2), 331-336 View citations (14)
    See also Working Paper (2006)
31. Money in a Theory of Banking
    American Economic Review, 2006, 96, (1), 30-53 View citations (31)
    See also Working Paper (2003)
32. NBER Conference on corporate alliances
    Journal of Financial Economics, 2006, 80, (1), 1-3
    See also Chapter (2002)
33. Patterns of international capital flows and their implications for economic development
    Proceedings, 2006, 119-158 View citations (22)
34. Salvare il capitalismo dai capitalisti (recensione di Gianpaolo Abatecola)
    ECONOMIA E DIRITTO DEL TERZIARIO, 2006, 2006/3, (3), 772-776
35. The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies
    The Review of Economics and Statistics, 2006, 88, (4), 759-773 View citations (33)
    See also Working Paper (2003)
36. Two British Initiatives for IMF Lending to its Members, 1960–1962
    World Economics, 2006, 7, (1), 11-19

2005

37. Does function follow organizational form? Evidence from the lending practices of large and small banks
    Journal of Financial Economics, 2005, 76, (2), 237-269 View citations (190)
    Also in Proceedings, 2002, (May), 383-400 (2002) View citations (70)
    See also Working Paper (2002)
38. Dollar Shortages and Crises
    International Journal of Central Banking, 2005, 1, (2) View citations (6)
    See also Working Paper (2005)
39. Has financial development made the world riskier?
    Proceedings, 2005, (Aug), 313-369 View citations (70)
    See also Working Paper (2005)
40. Liquidity Shortages and Banking Crises
    Journal of Finance, 2005, 60, (2), 615-647 View citations (87)
    See also Working Paper (2003)

2003

41. Can the tide turn?
    Proceedings, 2003, (Oct), 239-248
42. Commentary on Life-cycle dynamics in industrial sectors: the role of banking market structure
    Review, 2003, (Jul), 149-150
43. Fischer Black Prize for 2003
    Journal of Finance, 2003, 58, (2), v-vii
44. The great reversals: the politics of financial development in the twentieth century
    Journal of Financial Economics, 2003, 69, (1), 5-50 View citations (218)

2002

45. Bank Bailouts and Aggregate Liquidity
    American Economic Review, 2002, 92, (2), 38-41 View citations (10)
46. Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit-Taking
    Journal of Finance, 2002, 57, (1), 33-73 View citations (47)
    Also in Proceedings, 1998, (May), 90-112 (1998) View citations (17)
    See also Working Paper (1999)
47. Does Distance Still Matter? The Information Revolution in Small Business Lending
    Journal of Finance, 2002, 57, (6), 2533-2570 View citations (264)
    See also Working Paper (2000)

2001

48. Banks and Liquidity
    American Economic Review, 2001, 91, (2), 422-425 View citations (16)
49. Banks, short-term debt and financial crises: theory, policy implications and applications
    Carnegie-Rochester Conference Series on Public Policy, 2001, 54, (1), 37-71 View citations (26)
    See also Working Paper (2000)
50. Financial Systems, Industrial Structure, and Growth
    Oxford Review of Economic Policy, 2001, 17, (4), 467-482 View citations (62)
51. Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking
    Journal of Political Economy, 2001, 109, (2), 287-327 View citations (159)
    Also in Proceedings, 1998, (Sep) (1998) View citations (30)
    See also Working Paper (1999)
52. The Firm As A Dedicated Hierarchy: A Theory Of The Origins And Growth Of Firms
    The Quarterly Journal of Economics, 2001, 116, (3), 805-851 View citations (107)
    See also Working Paper (2000)
53. The Influence of the Financial Revolution on the Nature of Firms
    American Economic Review, 2001, 91, (2), 206-211 View citations (23)
    See also Working Paper (2001)

2000

54. A Theory of Bank Capital
    Journal of Finance, 2000, 55, (6), 2431-2465 View citations (173)
    See also Working Paper (1999)
55. The Cost of Diversity: The Diversification Discount and Inefficient Investment
    Journal of Finance, 2000, 55, (1), 35-80 View citations (169)
    See also Working Paper (1998)
56. The tyranny of inequality
    Journal of Public Economics, 2000, 76, (3), 521-558 View citations (36)
    See also Working Paper (1999)

1998

57. DEBT, FOLKLORE, AND CROSS-COUNTRY DIFFERENCES IN FINANCIAL STRUCTURE
    Journal of Applied Corporate Finance, 1998, 10, (4), 102-107 View citations (3)
58. Financial Dependence and Growth
    American Economic Review, 1998, 88, (3), 559-86 View citations (1002)
    See also Working Paper (1996)
59. Power In A Theory Of The Firm
    The Quarterly Journal of Economics, 1998, 113, (2), 387-432 View citations (225)
    See also Working Paper (1998)
60. The Paradox Of Liquidity
    The Quarterly Journal of Economics, 1998, 113, (3), 733-771 View citations (107)
    See also Working Paper (1998)
61. The Past and Future of Commercial Banking Viewed through an Incomplete Contract Lens
    Journal of Money, Credit and Banking, 1998, 30, (3), 524-50 View citations (22)
    Also in Proceedings, 1998, (Aug), 524-550 (1998) View citations (24)
    See also Working Paper
62. WHICH CAPITALISM? LESSONS FORM THE EAST ASIAN CRISIS
    Journal of Applied Corporate Finance, 1998, 11, (3), 40-48
    See also Working Paper (1998)

1997

63. Analyst Following of Initial Public Offerings
    Journal of Finance, 1997, 52, (2), 507-29 View citations (75)
64. Organization structure and credibility: Evidence from commercial bank securities activities before the Glass-Steagall Act
    Journal of Monetary Economics, 1997, 39, (3), 475-516 View citations (25)
    See also Working Paper (1995)
65. Trade Credit: Theories and Evidence
    Review of Financial Studies, 1997, 10, (3), 661-91 View citations (159)
    See also Working Paper (1996)

1996

66. Comment on Interbank Lending and System Risk
    Journal of Money, Credit and Banking, 1996, 28, (4), 763-65 View citations (1)
67. WHY BANKS HAVE A FUTURE: TOWARD A NEW THEORY OF COMMERCIAL BANKING
    Journal of Applied Corporate Finance, 1996, 9, (2), 114-128 View citations (6)

1995

68. Covenants and Collateral as Incentives to Monitor
    Journal of Finance, 1995, 50, (4), 1113-46 View citations (102)
69. Firewalls in universal banks
    Proceedings, 1995, (May), 622-633
70. Liquidity and the rise of financial intermediation
    Proceedings, 1995, (May), 427-446
71. The Effect of Credit Market Competition on Lending Relationships
    The Quarterly Journal of Economics, 1995, 110, (2), 407-43 View citations (524)
    See also Working Paper (1994)
72. What Do We Know about Capital Structure? Some Evidence from International Data
    Journal of Finance, 1995, 50, (5), 1421-60 View citations (393)
    See also Working Paper (1994)

1994

73. Is the Glass-Steagall Act Justified? A Study of the U.S. Experience with Universal Banking before 1933
    American Economic Review, 1994, 84, (4), 810-32 View citations (20)
74. The Benefits of Lending Relationships: Evidence from Small Business Data
    Journal of Finance, 1994, 49, (1), 3-37 View citations (705)
75. Why Bank Credit Policies Fluctuate: A Theory and Some Evidence
    The Quarterly Journal of Economics, 1994, 109, (2), 399-441 View citations (134)

1992

76. Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt
    Journal of Finance, 1992, 47, (4), 1367-400 View citations (391)
77. Some evidence on the separation of commercial and investment banking
    Proceedings, 1992, 277-292

Books

2006

1. Corporate Alliances
   NBER Books, National Bureau of Economic Research, Inc View citations (1)

Chapters

2002

1. NBER Conference on Corporate Alliances
   A chapter in Corporate Alliances, 2002
   See also Journal Article in Journal of Financial Economics (2006)

2000

2. The Eclipse of the U.S. Tire Industry
   A chapter in Mergers and Productivity, 2000, pp 51-92
   See also Working Paper (1997)