Details about Kjell G. Nyborg

Access statistics for papers by Kjell G. Nyborg.

Last updated 2019-06-10. Update your information in the RePEc Author Service.

Short-id: pny9

Working Papers

2019

1. Repo rates and the collateral spread puzzle
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
2. Repo rates and the collateral spread: Evidence
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2016

3. Collateral, Central Bank Repos, and Systemic Arbitrage
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (3)
4. The Choice of Valuation Techniques in Practice: Education versus Profession
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (1)

2015

5. Bank Supervision after the Financial Crisis: Signals from the Market for Liquidity
   Discussion Papers, Norwegian School of Economics, Department of Business and Management Science
6. Central Bank Collateral Frameworks
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (6)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (8)
   See also Journal Article in Journal of Banking & Finance (2017)

2013

7. Stock Liquidity and Corporate Cash Holdings
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2012

8. Securitized Banking, Asymmetric Information, and Financial Crisis: Regulating Systemic Risk Away
   FMG Discussion Papers, Financial Markets Group

2011

9. Bank Bailout Menus
   FMG Discussion Papers, Financial Markets Group View citations (3)
   Also in FMG Discussion Papers, Financial Markets Group (2011) View citations (9)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (8)
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2010) View citations (4)
   See also Journal Article in Review of Corporate Finance Studies (2013)
10. Securitized lending, asymmetric information, and financial crisis
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
11. Tax-Adjusted Discount Rates: A General Formula under Constant Leverage Ratios
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (1)
12. The price of liquidity: the effects of market conditions and bank characteristics
    Working Paper Series, European Central Bank View citations (30)
    See also Journal Article in Journal of Financial Economics (2011)

2010

13. Money and Liquidity in Financial Markets
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (10)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (5)
    See also Journal Article in Journal of Financial Economics (2014)
14. The Price of Liquidity: Bank Characteristics and Market Conditions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2008) View citations (3)
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2010) View citations (6)

2008

15. Tax-Adjusted Discount Rates with Investor Taxes and Risky Debt
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (19)
    Also in Discussion Papers, Norwegian School of Economics, Department of Business and Management Science (2007) View citations (2)
    See also Journal Article in Financial Management (2008)

2007

16. Monetary policy implementation: A European Perspective
    Discussion Papers, Norwegian School of Economics, Department of Business and Management Science View citations (4)
17. Valuing the Debt Tax Shield
    Discussion Papers, Norwegian School of Economics, Department of Business and Management Science View citations (10)
    See also Journal Article in Journal of Applied Corporate Finance (2007)

2005

18. Bidding and Performance in Repo Auctions: Evidence from ECB Open Market Operations
    Discussion Papers, Norwegian School of Economics, Department of Business and Management Science View citations (5)
    Also in Working Papers, Fondazione Eni Enrico Mattei (2005) View citations (21)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (10)
    Working Paper Series, European Central Bank (2002) View citations (18)
    University of California at Los Angeles, Anderson Graduate School of Management, Anderson Graduate School of Management, UCLA (2004) View citations (7)
19. The Value of Tax Shields IS Equal to the Present Value of Tax Shields
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in Discussion Papers, Norwegian School of Economics, Department of Business and Management Science (2005) View citations (5)
    See also Journal Article in Journal of Financial Economics (2006)

2004

20. A descriptive analysis of the Finnish treasury bond market 1991–1999
    Finance, University Library of Munich, Germany View citations (7)
    Also in Research Discussion Papers, Bank of Finland (2002) View citations (4)
21. Strategic Behavior and Underpricing in Uniform Price Auctions: Evidence from Finnish Treasury Auctions
    University of California at Los Angeles, Anderson Graduate School of Management, Anderson Graduate School of Management, UCLA View citations (5)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (6)
    See also Journal Article in Journal of Finance (2005)
22. Underpricing and Market Power in Uniform Price Auctions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (48)
    See also Journal Article in Review of Financial Studies (2004)

2003

23. Multiple Unit Auctions and Short Squeezes
    Working Papers, Fondazione Eni Enrico Mattei View citations (16)
    See also Journal Article in Review of Financial Studies (2004)
24. Strategic Behavior and Underpricing in Uniform Price Auctions
    Working Papers, Fondazione Eni Enrico Mattei View citations (3)

2002

25. Agency and the Pace of Adoption of New Techniques
    Discussion Papers (REL - Recherches Economiques de Louvain), Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)
    See also Journal Article in Recherches économiques de Louvain (2002)

2001

26. Financial Development, Agency and the Pace of Adoption of New Techniques
    FMG Discussion Papers, Financial Markets Group View citations (2)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2001)
27. Financing and Corporate Growth under Repeated Moral Hazard
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2001) View citations (2)
    FMG Discussion Papers, Financial Markets Group (2001) View citations (6)
    See also Journal Article in Journal of Financial Intermediation (2011)

2000

28. R&D, Capital Investments, and Financing under Repeated Moral Hazard
    Discussion Papers (IRES - Institut de Recherches Economiques et Sociales), Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

1994

29. Control Rights, Debt Structure, and the Loss of Private Benefits: The Case of the UK Insolvency Code
    CEPR Financial Markets Paper, European Science Foundation Network in Financial Markets, c/o C.E.P.R, 33 Great Sutton Street, London EC1V 0DX. View citations (2)
    See also Journal Article in Review of Financial Studies (1996)

Journal Articles

2018

1. Consistent valuation of project finance and LBOs using the flows†to†equity method
   European Financial Management, 2018, 24, (1), 34-52

2017

2. Central bank collateral frameworks
   Journal of Banking & Finance, 2017, 76, (C), 198-214 View citations (6)
   See also Working Paper (2015)
3. Reprint of: Central bank collateral frameworks
   Journal of Banking & Finance, 2017, 83, (C), 232-248 View citations (6)

2014

4. Money and liquidity in financial markets
   Journal of Financial Economics, 2014, 112, (1), 30-52 View citations (20)
   See also Working Paper (2010)

2013

5. Bank Bailout Menus
   Review of Corporate Finance Studies, 2013, 2, (1), 29-61 View citations (1)
   See also Working Paper (2011)
6. Tax†adjusted Discount Rates: a General Formula under Constant Leverage Ratios
   European Financial Management, 2013, 19, (3), 419-428

2011

7. Financing and corporate growth under repeated moral hazard
   Journal of Financial Intermediation, 2011, 20, (1), 1-24 View citations (2)
   See also Working Paper (2001)
8. The price of liquidity: The effects of market conditions and bank characteristics
   Journal of Financial Economics, 2011, 102, (2), 344-362 View citations (39)
   See also Working Paper (2011)

2009

9. Repo Auctions and the Market for Liquidity
   Journal of Money, Credit and Banking, 2009, 41, (7), 1391-1421 View citations (33)

2008

10. Liquidity management and overnight rate calendar effects: Evidence from German banks
    The North American Journal of Economics and Finance, 2008, 19, (1), 7-21 View citations (8)
11. Tax‐Adjusted Discount Rates with Investor Taxes and Risky Debt
    Financial Management, 2008, 37, (2), 365-379 View citations (16)
    See also Working Paper (2008)

2007

12. Valuing the Debt Tax Shield
    Journal of Applied Corporate Finance, 2007, 19, (2), 50-59 View citations (10)
    See also Working Paper (2007)

2006

13. The value of tax shields IS equal to the present value of tax shields
    Journal of Financial Economics, 2006, 81, (1), 215-225 View citations (37)
    See also Working Paper (2005)

2005

14. Strategic Behavior and Underpricing in Uniform Price Auctions: Evidence from Finnish Treasury Auctions
    Journal of Finance, 2005, 60, (4), 1865-1902 View citations (39)
    See also Working Paper (2004)

2004

15. Divisible-Good Auctions: The Role of Allocation Rules
    RAND Journal of Economics, 2004, 35, (1), 147-159 View citations (41)
16. Multiple Unit Auctions and Short Squeezes
    Review of Financial Studies, 2004, 17, (2), 545-580 View citations (44)
    See also Working Paper (2003)
17. Underpricing and Market Power in Uniform Price Auctions
    Review of Financial Studies, 2004, 17, (3), 849-877 View citations (52)
    See also Working Paper (2004)

2002

18. Agency and the Pace of Adoption of New Techniques
    Recherches économiques de Louvain, 2002, 68, (1), 203-220
    See also Working Paper (2002)
19. Bidder Behavior in Multiunit Auctions: Evidence from Swedish Treasury Auctions
    Journal of Political Economy, 2002, 110, (2), 394-424 View citations (58)

2001

20. Collateral and short squeezing of liquidity in fixed rate tenders
    Journal of International Money and Finance, 2001, 20, (6), 769-792 View citations (25)

1996

21. A Comparison of UK, US and German Insolvency Codes
    Financial Management, 1996, 25, (3) View citations (57)
22. Control Rights, Debt Structure, and the Loss of Private Benefits: The Case of the U.K. Insolvency Code
    Review of Financial Studies, 1996, 9, (4), 1165-1210 View citations (17)
    See also Working Paper (1994)
23. Discriminatory versus uniform Treasury auctions: Evidence from when-issued transactions
    Journal of Financial Economics, 1996, 42, (1), 63-104 View citations (88)
24. The use and pricing of convertible bonds
    Applied Mathematical Finance, 1996, 3, (3), 167-190 View citations (17)

1995

25. Convertible Debt as Delayed Equity: Forced versus Voluntary Conversion and the Information Role of Call Policy
    Journal of Financial Intermediation, 1995, 4, (4), 358-395 View citations (12)

Books

2016

1. Collateral Frameworks
   Cambridge Books, Cambridge University Press
   Also in Cambridge Books, Cambridge University Press (2016)