Details about Anna Kovner

Access statistics for papers by Anna Kovner.

Last updated 2023-05-08. Update your information in the RePEc Author Service.

Short-id: pko289

Working Papers

2022

1. Do Corporate Profits Increase When Inflation Increases?
   Liberty Street Economics, Federal Reserve Bank of New York
2. How Is the Corporate Bond Market Functioning as Interest Rates Increase?
   Liberty Street Economics, Federal Reserve Bank of New York
3. How Is the Corporate Bond Market Responding to Financial Market Volatility?
   Liberty Street Economics, Federal Reserve Bank of New York
4. Implications of Cyber Risk for Financial Stability
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.)
5. What Is Corporate Bond Market Distress?
   Liberty Street Economics, Federal Reserve Bank of New York
6. When It Rains, It Pours: Cyber Risk and Financial Conditions
   Staff Reports, Federal Reserve Bank of New York View citations (1)

2021

7. COVID Response: The Commercial Paper Funding Facility
   Staff Reports, Federal Reserve Bank of New York View citations (3)
8. COVID Response: The Primary and Secondary Corporate Credit Facilities
   Staff Reports, Federal Reserve Bank of New York View citations (1)
9. Climate Change and Financial Stability
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) View citations (6)
10. Measuring Corporate Bond Market Dislocations
    Staff Reports, Federal Reserve Bank of New York View citations (2)
11. Measuring the Forest through the Trees: The Corporate Bond Market Distress Index
    Liberty Street Economics, Federal Reserve Bank of New York
12. State-of-the-Field Conference on Cyber Risk to Financial Stability
    Liberty Street Economics, Federal Reserve Bank of New York

2020

13. Bank Capital and Real GDP Growth
    Staff Reports, Federal Reserve Bank of New York View citations (5)
14. Bank Supervision
    Staff Reports, Federal Reserve Bank of New York
    See also Journal Article in Annual Review of Financial Economics (2022)
15. Cyber Risk and the U.S. Financial System: A Pre-Mortem Analysis
    Staff Reports, Federal Reserve Bank of New York View citations (3)
    See also Journal Article in Journal of Financial Economics (2022)
16. Expanding the Toolkit: Facilities Established to Respond to the COVID-19 Pandemic
    Liberty Street Economics, Federal Reserve Bank of New York
17. How Does Supervision Affect Bank Performance during Downturns?
    Liberty Street Economics, Federal Reserve Bank of New York
18. How Has COVID-19 Affected Banking System Vulnerability?
    Liberty Street Economics, Federal Reserve Bank of New York
19. Implications of the COVID-19 Disruption for Corporate Leverage
    Liberty Street Economics, Federal Reserve Bank of New York
20. It's What You Say and What You Buy: A Holistic Evaluation of the Corporate Credit Facilities
    CESifo Working Paper Series, CESifo View citations (26)
    Also in Staff Reports, Federal Reserve Bank of New York (2020) View citations (21)
    See also Journal Article in Journal of Financial Economics (2022)
21. It’s what you say and what you buy: A holistic evaluation of the Corporate Credit Facilities
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (25)
22. Market Failures and Official Sector Interventions
    Liberty Street Economics, Federal Reserve Bank of New York
23. Municipal Debt Markets and the COVID-19 Pandemic
    Liberty Street Economics, Federal Reserve Bank of New York View citations (9)
24. Panel Remarks: The Fed and Main Street during the Coronavirus Pandemic
    Speech, Federal Reserve Bank of New York
25. The Banking Industry and COVID-19: Lifeline or Life Support?
    Liberty Street Economics, Federal Reserve Bank of New York
26. The Commercial Paper Funding Facility
    Liberty Street Economics, Federal Reserve Bank of New York
    See also Journal Article in Economic Policy Review (2022)
27. The Impact of the Corporate Credit Facilities
    Liberty Street Economics, Federal Reserve Bank of New York
28. The Market Events of Mid-September 2019
    Staff Reports, Federal Reserve Bank of New York View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (9)
    See also Journal Article in Economic Policy Review (2021)
29. The Official Sector’s Response to the Coronavirus Pandemic and Moral Hazard
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
30. The Primary and Secondary Market Corporate Credit Facilities
    Liberty Street Economics, Federal Reserve Bank of New York View citations (5)

2019

31. Banking System Vulnerability: Annual Update
    Liberty Street Economics, Federal Reserve Bank of New York
32. Is There Too Much Business Debt?
    Liberty Street Economics, Federal Reserve Bank of New York
33. Macroprudential Policy: Results from a Tabletop Exercise
    Working Papers, Federal Reserve Bank of Cleveland View citations (1)

2018

34. Evaluating regulatory reform: banks’ cost of capital and lending
    Staff Reports, Federal Reserve Bank of New York View citations (4)
    See also Journal Article in Journal of Money, Credit and Banking (2022)
35. Regulatory Changes and the Cost of Capital for Banks
    Liberty Street Economics, Federal Reserve Bank of New York View citations (6)
36. Tax Reform's Impact on Bank and Corporate Cyclicality
    Liberty Street Economics, Federal Reserve Bank of New York

2017

37. Low Interest Rates and Bank Profits
    Liberty Street Economics, Federal Reserve Bank of New York

2016

38. Are Stress Tests Still Informative?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
39. How Does Supervision Affect Banks?
    Liberty Street Economics, Federal Reserve Bank of New York
40. The impact of supervision on bank performance
    Staff Reports, Federal Reserve Bank of New York View citations (26)
    See also Journal Article in Journal of Finance (2020)

2015

41. Are BHC and Federal Reserve Stress Test Results Converging? What Do We Learn from 2015?
    Liberty Street Economics, Federal Reserve Bank of New York
42. Are BHCs Mimicking the Fed's Stress Test Results?
    Liberty Street Economics, Federal Reserve Bank of New York
43. Bank Capital and Risk: Cautionary or Precautionary?
    Liberty Street Economics, Federal Reserve Bank of New York
44. Evaluating the information in the Federal Reserve stress tests
    Staff Reports, Federal Reserve Bank of New York View citations (5)
    See also Journal Article in Journal of Financial Intermediation (2017)
45. Supervising large, complex financial companies: what do supervisors do?
    Staff Reports, Federal Reserve Bank of New York View citations (5)

2014

46. Assessing financial stability: the Capital and Loss Assessment under Stress Scenarios (CLASS) model
    Staff Reports, Federal Reserve Bank of New York View citations (6)
    See also Journal Article in Journal of Banking & Finance (2016)
47. Becoming More Alike? Comparing Bank and Federal Reserve Stress Test Results
    Liberty Street Economics, Federal Reserve Bank of New York
48. Comparing Bank and Supervisory Stress Testing Projections
    Liberty Street Economics, Federal Reserve Bank of New York
49. Do Big Banks Have Lower Operating Costs?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (13)
    See also Journal Article in Journal of Financial Perspectives (2015)
50. The CLASS Model: A Top-Down Assessment of the U.S. Banking System
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)

2013

51. Data Link Helps Shed Light on Banks and Public Equity
    Liberty Street Economics, Federal Reserve Bank of New York
52. Evaluating the quality of fed funds lending estimates produced from Fedwire payments data
    Staff Reports, Federal Reserve Bank of New York View citations (13)
53. How do Global Banks Scramble for Liquidity? Evidence from the Asset-Backed Commercial Paper Freeze of 2007
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    Also in Staff Reports, Federal Reserve Bank of New York (2013) View citations (16)
    See also Journal Article in Journal of Financial Intermediation (2017)
54. Trading Partners in the Interbank Lending Market
    Staff Reports, Federal Reserve Bank of New York View citations (57)

2012

55. Doing Well by Doing Good? Community Development Venture Capital
    Liberty Street Economics, Federal Reserve Bank of New York
    Also in Staff Reports, Federal Reserve Bank of New York (2012)
    See also Journal Article in Journal of Economics & Management Strategy (2015)
56. The Private Premium in Public Bonds?
    Liberty Street Economics, Federal Reserve Bank of New York
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2012)
    Staff Reports, Federal Reserve Bank of New York (2012)

2010

57. Do underwriters matter? The impact of the near loss of an equity underwriter
    Staff Reports, Federal Reserve Bank of New York
58. Stressed not Frozen: The Fed Funds Market in the Financial Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
59. Stressed, not frozen: the Federal Funds market in the financial crisis
    Staff Reports, Federal Reserve Bank of New York View citations (65)
    See also Journal Article in Journal of Finance (2011)

2009

60. Buy Local? The Geography of Successful and Unsuccessful Venture Capital Expansion
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)

2006

61. Skill vs. Luck in Entrepreneurship and Venture Capital: Evidence from Serial Entrepreneurs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (48)

2005

62. Venture Capital Investment Cycles: The Impact of Public Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article in Journal of Financial Economics (2008)

Journal Articles

2022

1. Bank Supervision
   Annual Review of Financial Economics, 2022, 14, (1), 39-56
   See also Working Paper (2020)
2. Cyber risk and the U.S. financial system: A pre-mortem analysis
   Journal of Financial Economics, 2022, 145, (3), 802-826 View citations (6)
   See also Working Paper (2020)
3. Evaluating Regulatory Reform: Banks' Cost of Capital and Lending
   Journal of Money, Credit and Banking, 2022, 54, (5), 1313-1367 View citations (1)
   See also Working Paper (2018)
4. It’s what you say and what you buy: A holistic evaluation of the corporate credit facilities
   Journal of Financial Economics, 2022, 144, (3), 695-731 View citations (9)
   See also Working Paper (2020)
5. The Commercial Paper Funding Facility
   Economic Policy Review, 2022, 28, (1)
   See also Working Paper (2020)
6. The Primary and Secondary Corporate Credit Facilities
   Economic Policy Review, 2022, 28, (1)

2021

7. The Market Events of Mid-September 2019
   Economic Policy Review, 2021, 27, (2), 26
   See also Working Paper (2020)

2020

8. The Impact of Supervision on Bank Performance
   Journal of Finance, 2020, 75, (5), 2765-2808 View citations (28)
   See also Working Paper (2016)

2017

9. Evaluating the information in the federal reserve stress tests
   Journal of Financial Intermediation, 2017, 29, (C), 1-18 View citations (65)
   See also Working Paper (2015)
10. How do global banks scramble for liquidity? Evidence from the asset-backed commercial paper freeze of 2007
    Journal of Financial Intermediation, 2017, 30, (C), 1-34 View citations (17)
    See also Working Paper (2013)
11. Supervising large, complex financial institutions: what do supervisors do?
    Economic Policy Review, 2017, (23-1), 57-77 View citations (12)

2016

12. Assessing financial stability: The Capital and Loss Assessment under Stress Scenarios (CLASS) model
    Journal of Banking & Finance, 2016, 69, (S1), S35-S55 View citations (25)
    See also Working Paper (2014)

2015

13. Do big banks have lower operating costs?
    Journal of Financial Perspectives, 2015, 3, (1), 157-196 View citations (1)
    Also in Economic Policy Review, 2014, (Dec), 1-27 (2014) View citations (30)
    See also Working Paper (2014)
14. Doing Well by Doing Good? Community Development Venture Capital
    Journal of Economics & Management Strategy, 2015, 24, (3), 643-663 View citations (13)
    See also Working Paper (2012)

2012

15. Do underwriters matter? The impact of the near failure of an equity underwriter
    Journal of Financial Intermediation, 2012, 21, (3), 507-529 View citations (10)

2011

16. Stressed, Not Frozen: The Federal Funds Market in the Financial Crisis
    Journal of Finance, 2011, 66, (4), 1109-1139 View citations (337)
    See also Working Paper (2010)
17. The Private Equity Advantage: Leveraged Buyout Firms and Relationship Banking
    Review of Financial Studies, 2011, 24, (7), 2462-2498 View citations (81)

2010

18. Buy local? The geography of venture capital
    Journal of Urban Economics, 2010, 67, (1), 90-102 View citations (123)
    See also Chapter (2010)
19. Performance persistence in entrepreneurship
    Journal of Financial Economics, 2010, 96, (1), 18-32 View citations (169)

2009

20. Specialization and Success: Evidence from Venture Capital
    Journal of Economics & Management Strategy, 2009, 18, (3), 817-844 View citations (102)
    See also Chapter (2007)

2008

21. Venture capital investment cycles: The impact of public markets
    Journal of Financial Economics, 2008, 87, (1), 1-23 View citations (157)
    See also Working Paper (2005)

Chapters

2010

1. Buy Local? The Geography of Venture Capital
   A chapter in Cities and Entrepreneurship, 2010 View citations (123)
   See also Journal Article in Journal of Urban Economics (2010)

2007

2. Specialization and Success: Evidence from Venture Capital
   A chapter in Entrepreneurship: Strategy and Structure, 2007
   See also Journal Article in Journal of Economics & Management Strategy (2009)