Details about Enrico Perotti

Phone:	+31205254256
Postal address:	University of Amsterdam Roeterstraat 11 1018WB Amsterdam Netherlands
Workplace:	Finance Group, Faculteit Economie en Bedrijfskunde (Faculty of Economics and Business), Universiteit van Amsterdam (University of Amsterdam), (more information at EDIRC)

Access statistics for papers by Enrico Perotti.

Last updated 2025-03-14. Update your information in the RePEc Author Service.

Short-id: ppe58

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Working Papers

2024

1. Achieving Safety: Personal, Private and Public Provision
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article Achieving safety: Personal, private, and public provision, Journal of Economic Theory, Elsevier (2025) View citations (1) (2025)
2. Addressing banks’ vulnerability to deposit runs: revisiting the facts, arguments and policy options
   Report of the Advisory Scientific Committee, European Systemic Risk Board View citations (1)
3. PolWe study the evolution of voter support for climate policies aimed at containing the effect of climate risk, as weather conditions worsens at a time of rising economic inequality. Households differ in age, beliefs and income, and the scale of intervention to preserve habitable land reflects the preference of the majority coalition. Economic polarization tightens conditions for more households, while rising climate risk increases support for public adaptation. If beliefs on attainable impact are not too dispersed, an initially coalition of young and old pessimists might tip towards a coalition of old optimists and young pessimists, leading to a jump in support for public action.A steady rise in inequality may ultimately induce a second political tipping point, towards a coalition of the low-income old and young pessimists, although the effects on public adaptation are weaker. Public intervention is undermined by pessimism about the efficacy of public adaptation and the "tragedy of the horizon" effect, as voters only partially internalize benefits for future generations. This prevents public adaptation from converging to the long-term social optimum even when political support is highest
   Tinbergen Institute Discussion Papers, Tinbergen Institute
4. Political Economy of Climate Change Adaptation
   CESifo Working Paper Series, CESifo
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)

2023

5. Corporate credit and leverage in the EU: recent evolution, main drivers and financial stability implications
   Report of the Advisory Scientific Committee, European Systemic Risk Board

2022

6. Safety First: A Theory of Banking
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2020

7. Bank capital forbearance and serial gambling
   Discussion Papers, Deutsche Bundesbank View citations (1)
8. Secular Trends and Technological Progress
   ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany View citations (3)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (10)
9. The Political Economy of a Diverse Monetary Union
   Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (1)
   Also in ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2020) View citations (2)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (1)

2019

10. Bank Capital Forbearance
    Working Papers, CEMFI View citations (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (8)
    ESRB Working Paper Series, European Systemic Risk Board (2019) View citations (7)
11. Funding Shocks and Credit Quality
    Tinbergen Institute Discussion Papers, Tinbergen Institute
12. Legal Evolution, Contract Evolution, and Standardization
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
13. Redistributive Growth
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

2018

14. Convertible bonds and bank risk-taking
    Discussion Papers, Deutsche Bundesbank View citations (22)
    Also in Tinbergen Institute Discussion Papers, Tinbergen Institute (2016) View citations (18)
    See also Journal Article Convertible bonds and bank risk-taking, Journal of Financial Intermediation, Elsevier (2018) View citations (22) (2018)
15. Seeking Safety
    Staff Working Papers, Bank of Canada View citations (1)
16. The (Self-) Funding of Intangibles
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    Also in Tinbergen Institute Discussion Papers, Tinbergen Institute (2016) View citations (4)

2017

17. Optimally vague contracts and the law
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (5)
    Also in Working Papers, Barcelona School of Economics (2015)
18. Safe assets: a review
    Working Paper Series, European Central Bank View citations (19)

2016

19. Liquidity Runs
    Tinbergen Institute Discussion Papers, Tinbergen Institute
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (3)
20. The Emergence of the Corporate Form
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    See also Journal Article The Emergence of the Corporate Form, The Journal of Law, Economics, and Organization, Oxford University Press (2017) View citations (4) (2017)

2015

21. Cheap But Flighty: How Global Imbalances Create Financial Fragility
    Staff Working Papers, Bank of Canada View citations (2)
    Also in Tinbergen Institute Discussion Papers, Tinbergen Institute (2015) View citations (6)
22. Insecure Debt
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (2)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015) View citations (5)
23. Mortgage Finance and Technological Change
    Tinbergen Institute Discussion Papers, Tinbergen Institute
24. Standardized Enforcement: Access to Justice vs. Contractual Innovation
    Working Papers, Barcelona School of Economics View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (4)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2012) View citations (3)

2013

25. Sand in the Wheels of Capitalism, On the Political Economy of Capital Market Frictions
    2013 Meeting Papers, Society for Economic Dynamics
26. The Political Economy of Finance
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (6)

2011

27. A Pigovian Approach to Liquidity Regulation
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (136)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (147)
    See also Journal Article A Pigovian Approach to Liquidity Regulation, International Journal of Central Banking, International Journal of Central Banking (2011) View citations (142) (2011)
28. Capital Regulation and Tail Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (37)
    Also in IMF Working Papers, International Monetary Fund (2011) View citations (39)
    Tinbergen Institute Discussion Papers, Tinbergen Institute (2011) View citations (35)
    See also Journal Article Capital Regulation and Tail Risk, International Journal of Central Banking, International Journal of Central Banking (2011) View citations (37) (2011)
29. The Circulation of Ideas in Firms and Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (64)
    Also in Working Papers, Fondazione Eni Enrico Mattei (2010) View citations (1)
    Institutions and Markets Papers, Fondazione Eni Enrico Mattei (FEEM) (2010) View citations (2)
    See also Journal Article The Circulation of Ideas in Firms and Markets, Management Science, INFORMS (2011) View citations (63) (2011)

2010

30. Bank Ownership and Financial Stability
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (3)
31. Resistance to Change
    Working Papers, Fondazione Eni Enrico Mattei
    Also in Institutions and Markets Papers, Fondazione Eni Enrico Mattei (FEEM) (2010) View citations (2)

2008

32. Entrepreneurs and New Ideas
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations (28)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (16)
    See also Journal Article Entrepreneurs and new ideas, RAND Journal of Economics, RAND Corporation (2008) View citations (32) (2008)
33. The Political Economy of Financial Systems
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (24)
34. The Political Origin of Pension Funding
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (6)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (6)
    See also Journal Article The political origin of pension funding, Journal of Financial Intermediation, Elsevier (2009) View citations (43) (2009)

2007

35. Competition and Economic Performance: A Brief Review of the Literature
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
36. Divide and Conquer
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
37. Evidence and Theory of Reforms
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (1)
38. Exploit External Constraints
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
39. Exploit a Parliamentary Majority
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
40. How to Reform: Pulling the Strings
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
41. Investor Protection and Entry
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (29)
42. Looking Ahead: Will Liberalization Policies Succeed?
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
43. The Changing Role of the Tertiary Sector
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
44. The Impact of Services Regulation
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
45. The Maze of Services Regulation
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
46. Unlocking Value: Equity Carve outs as Strategic Real Options
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
    See also Journal Article Unlocking value: Equity carve outs as strategic real options, Journal of Corporate Finance, Elsevier (2007) View citations (10) (2007)
47. Widen Your Political Base
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles

2006

48. How to gain political support for reforms?
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (16)
49. The Circulation of Ideas: Firms Versus Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)
50. The Political Economy of Financial Fragility
    Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (5)
    Tinbergen Institute Discussion Papers, Tinbergen Institute (2005) View citations (6)

2005

51. From Government to Regulatory Governance: Privatization and the Residual Role of the State
    Working Papers, Fondazione Eni Enrico Mattei View citations (1)
    Also in Privatisation Regulation Corporate Governance Working Papers, Fondazione Eni Enrico Mattei (FEEM) (2005)
52. The Links between Finance and Inequality: Channels and Evidence
    World Bank Publications - Reports, The World Bank Group
53. The Political Economy of Corporate Control
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (4)

2004

54. Confidence Building on Euro Conversion: Theory and Evidence from Currency Options
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
55. Enterprise Finance and Investment in Listed Hungarian Firms
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)
    See also Journal Article Enterprise finance and investment in listed Hungarian firms, Journal of Comparative Economics, Elsevier (2004) View citations (11) (2004)
56. Lobbying on Entry
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (38)
    Also in Tinbergen Institute Discussion Papers, Tinbergen Institute (2004) View citations (37)
57. State ownership - a residual role?
    Policy Research Working Paper Series, The World Bank View citations (6)
58. The Political Economy of Bank- and Market Dominance
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (1)
    Also in Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie (2003) View citations (18)
59. The Political Economy of Dominant Investors
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (2)

2003

60. The Political Economy of Bank and Equity Dominance
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)

2002

61. Strategic Transparency and Informed Trading: Will Capital Market Integration Force Convergence of Corporate Governance ?
    Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie View citations (9)
    See also Journal Article Strategic Transparency and Informed Trading: Will Capital Market Integration Force Convergence of Corporate Governance?, Journal of Financial and Quantitative Analysis, Cambridge University Press (2003) View citations (25) (2003)

2001

62. Confidence Building in Emerging Stock Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan (2000) View citations (2)
63. Last Bank Standing: What Do I Gain If You Fail?
    Working Papers, CEMFI View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (8)
    See also Journal Article Last bank standing: What do I gain if you fail?, European Economic Review, Elsevier (2002) View citations (114) (2002)
64. Lessons from the Russian Meltdown: The Economics of Soft Legal Constraints
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (4)
    See also Journal Article Lessons from the Russian Meltdown: The Economics of Soft Legal Constraints, International Finance, Wiley Blackwell (2002) View citations (43) (2002)
65. Outside Finance, Dominant Investors and Strategic Transparancy
    Tinbergen Institute Discussion Papers, Tinbergen Institute
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001)
    Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie (2001)
66. Strategic Advantage and the Optimal Exercise of Entry Options
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

2000

67. Internet Portals as Portfolios of Entry Options
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (7)

1999

68. Can Governments Mandate Hard Budget Constraints? Bank Lending and Financial Isolation in Romania
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (1)
69. Dominant Investors and Strategic Transparency
    Working Papers, Fondazione Eni Enrico Mattei
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations (4)
    See also Journal Article Dominant Investors and Strategic Transparency, The Journal of Law, Economics, and Organization, Oxford University Press (2005) View citations (14) (2005)
70. Option Pricing and Foreign Investment under Political Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    See also Journal Article Option pricing and foreign investment under political risk, Journal of International Economics, Elsevier (2001) View citations (33) (2001)
71. Privatisation, Political Risk and Stock Market Development in Emerging Economies
    Working Papers, Fondazione Eni Enrico Mattei View citations (1)
    Also in Tinbergen Institute Discussion Papers, Tinbergen Institute (1999) View citations (9)
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan (1999) View citations (9)
    See also Journal Article Privatization, political risk and stock market development in emerging economies, Journal of International Money and Finance, Elsevier (2001) View citations (123) (2001)
72. Privatization, Political Risk and Stock Market Development
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
73. Red Barons or Robber Barons? Governance and Financing in Russian FIG
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
74. Security versus Bank Finance: the Importance of a Proper Enforcement of Legal Rules
    Working Papers, Fondazione Eni Enrico Mattei View citations (1)

1998

75. Investment Financing in Russian Financial-Industrial Groups
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (10)
    Also in Tinbergen Institute Discussion Papers, Tinbergen Institute (1998) View citations (9)
76. Machiavellian Underpricing
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
77. State-Owned versus Township and Village Enterprises in China
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (4)
    Also in WIDER Working Papers, United Nations University, World Institute for Development Economic Research (UNU-WIDER)

1997

78. The Evolution of Bank Credit Quality in Transition: Theory and Evidence from Romania
    CERT Discussion Papers, Centre for Economic Reform and Transformation, Heriot Watt University View citations (23)
    Also in William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan (1996) View citations (2)

1991

79. CAPITAL STRUCTURE AS A BARGAINING TOOL: THE ROLE OF LEVERAGE IN CONTRACT RENEGOCIATION
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (3)
    See also Journal Article Capital Structure as a Bargaining Tool: The Role of Leverage in Contract Renegotiation, American Economic Review, American Economic Association (1993) View citations (134) (1993)

Journal Articles

2025

1. Achieving safety: Personal, private, and public provision
   Journal of Economic Theory, 2025, 224, (C) View citations (1)
   See also Working Paper Achieving Safety: Personal, Private and Public Provision, CEPR Discussion Papers (2024) (2024)

2024

2. Pay, Stay, or Delay? How to Settle a Run
   The Review of Financial Studies, 2024, 37, (4), 1368-1407 View citations (1)

2022

3. Capital forbearance in the bank recovery and resolution game
   Journal of Financial Economics, 2022, 146, (3), 884-904 View citations (1)
4. The Good, the Bad, and the Missed Boom
   The Review of Financial Studies, 2022, 35, (11), 5025-5056 View citations (3)

2021

5. Cheap but flighty: A theory of safety-seeking capital flows
   Journal of Banking & Finance, 2021, 131, (C) View citations (11)

2018

6. Convertible bonds and bank risk-taking
   Journal of Financial Intermediation, 2018, 35, (PB), 61-80 View citations (22)
   See also Working Paper Convertible bonds and bank risk-taking, Discussion Papers (2018) View citations (22) (2018)

2017

7. The Emergence of the Corporate Form
   The Journal of Law, Economics, and Organization, 2017, 33, (2), 193-236 View citations (4)
   See also Working Paper The Emergence of the Corporate Form, CEPR Discussion Papers (2016) View citations (2) (2016)

2014

8. From tapering to preventive policy
   Financial Stability Review, 2014, (18), 33-38

2013

9. Preventive macroprudential policy
   Journal of Financial Management, Markets and Institutions, 2013, (1), 115-123 View citations (4)

2011

10. A Pigovian Approach to Liquidity Regulation
    International Journal of Central Banking, 2011, 7, (4), 3-41 View citations (142)
    See also Working Paper A Pigovian Approach to Liquidity Regulation, Tinbergen Institute Discussion Papers (2011) View citations (136) (2011)
11. Capital Regulation and Tail Risk
    International Journal of Central Banking, 2011, 7, (4), 123-163 View citations (37)
    See also Working Paper Capital Regulation and Tail Risk, CEPR Discussion Papers (2011) View citations (37) (2011)
12. Confidence building on Euro convergence: Evidence from currency options
    Journal of International Money and Finance, 2011, 30, (3), 474-491
13. The Circulation of Ideas in Firms and Markets
    Management Science, 2011, 57, (10), 1813-1826 View citations (63)
    See also Working Paper The Circulation of Ideas in Firms and Markets, NBER Working Papers (2011) View citations (64) (2011)

2009

14. The political origin of pension funding
    Journal of Financial Intermediation, 2009, 18, (3), 384-404 View citations (43)
    See also Working Paper The Political Origin of Pension Funding, Tinbergen Institute Discussion Papers (2008) View citations (6) (2008)

2008

15. Entrepreneurs and new ideas
    RAND Journal of Economics, 2008, 39, (4), 1105-1125 View citations (32)
    See also Working Paper Entrepreneurs and New Ideas, IDEI Working Papers (2008) View citations (28) (2008)

2007

16. Finance and inequality: Channels and evidence
    Journal of Comparative Economics, 2007, 35, (4), 748-773 View citations (271)
17. Unlocking value: Equity carve outs as strategic real options
    Journal of Corporate Finance, 2007, 13, (5), 771-792 View citations (10)
    See also Working Paper Unlocking Value: Equity Carve outs as Strategic Real Options, CEPR Discussion Papers (2007) View citations (10) (2007)

2006

18. Corporate Governance and the Distribution of Wealth: A Political-Economy Perspective
    Journal of Institutional and Theoretical Economics (JITE), 2006, 162, (1), 204-217 View citations (2)
19. The Political Economy of Corporate Control and Labor Rents
    Journal of Political Economy, 2006, 114, (1), 145-174 View citations (101)

2005

20. Dominant Investors and Strategic Transparency
    The Journal of Law, Economics, and Organization, 2005, 21, (1), 76-102 View citations (14)
    See also Working Paper Dominant Investors and Strategic Transparency, Working Papers (1999) (1999)

2004

21. Enterprise finance and investment in listed Hungarian firms
    Journal of Comparative Economics, 2004, 32, (1), 73-87 View citations (11)
    See also Working Paper Enterprise Finance and Investment in Listed Hungarian Firms, CEPR Discussion Papers (2004) View citations (13) (2004)

2003

22. Strategic Transparency and Informed Trading: Will Capital Market Integration Force Convergence of Corporate Governance?
    Journal of Financial and Quantitative Analysis, 2003, 38, (1), 61-86 View citations (25)
    See also Working Paper Strategic Transparency and Informed Trading: Will Capital Market Integration Force Convergence of Corporate Governance ?, Cahiers de Recherches Economiques du Département d'économie (2002) View citations (9) (2002)

2002

23. Last bank standing: What do I gain if you fail?
    European Economic Review, 2002, 46, (9), 1599-1622 View citations (114)
    See also Working Paper Last Bank Standing: What Do I Gain If You Fail?, Working Papers (2001) View citations (3) (2001)
24. Lessons from the Russian Meltdown: The Economics of Soft Legal Constraints
    International Finance, 2002, 5, (3), 359-399 View citations (43)
    See also Working Paper Lessons from the Russian Meltdown: The Economics of Soft Legal Constraints, William Davidson Institute Working Papers Series (2001) View citations (4) (2001)
25. Machiavellian Privatization
    American Economic Review, 2002, 92, (1), 240-258 View citations (168)

2001

26. Option pricing and foreign investment under political risk
    Journal of International Economics, 2001, 55, (2), 359-377 View citations (33)
    See also Working Paper Option Pricing and Foreign Investment under Political Risk, CEPR Discussion Papers (1999) View citations (7) (1999)
27. Privatization, political risk and stock market development in emerging economies
    Journal of International Money and Finance, 2001, 20, (1), 43-69 View citations (123)
    See also Working Paper Privatisation, Political Risk and Stock Market Development in Emerging Economies, Working Papers (1999) View citations (1) (1999)
28. Red barons or robber barons? Governance and investment in Russian financial-industrial groups
    European Economic Review, 2001, 45, (9), 1601-1617 View citations (109)

2000

29. Security Markets versus Bank Finance: Legal Enforcement and Investors' Protection
    International Review of Finance, 2000, 1, (2), 81-96 View citations (40)

1999

30. State-Owned versus Township and Village Enterprises in China&ast
    Comparative Economic Studies, 1999, 41, (2-3), 151-179 View citations (14)

1998

31. Inertial credit and opportunistic arrears in transition
    European Economic Review, 1998, 42, (9), 1703-1725 View citations (34)
32. Strategic Growth Options
    Management Science, 1998, 44, (8), 1021-1031 View citations (179)

1997

33. Protection of minority interest and the development of security markets
    Managerial and Decision Economics, 1997, 18, (7-8), 519-528 View citations (31)

1995

34. Credible Privatization
    American Economic Review, 1995, 85, (4), 847-59 View citations (196)

1994

35. A taxonomy of post‐socialist financial systems: decentralized enforcement and the creation of inside money
    The Economics of Transition, 1994, 2, (1), 71-81 View citations (8)
36. The governance structure of the Japanese financial keiretsu
    Journal of Financial Economics, 1994, 36, (2), 259-284 View citations (131)

1993

37. Bank lending in transition economies
    Journal of Banking & Finance, 1993, 17, (5), 1021-1032 View citations (59)
38. Capital Structure as a Bargaining Tool: The Role of Leverage in Contract Renegotiation
    American Economic Review, 1993, 83, (5), 1131-41 View citations (134)
    See also Working Paper CAPITAL STRUCTURE AS A BARGAINING TOOL: THE ROLE OF LEVERAGE IN CONTRACT RENEGOCIATION, Harvard Institute of Economic Research Working Papers (1991) View citations (3) (1991)

Chapters

2020

1. The coronavirus shock to financial stability
   Chapter 1 in Europe in the Time of Covid-19, 2020, vol. 1, pp 91-97 View citations (5)

2017

2. The Unconvertible CoCo Bonds
   Chapter 23 in Achieving Financial Stability Challenges to Prudential Regulation, 2017, pp 317-329 View citations (8)

2011

3. SYSTEMIC RISK IN BANKRUPTCY EXCEPTIONS, NATURAL CANDIDATES FOR LIQUIDITY CHARGES
   Chapter 11 in Macroprudential Regulatory Policies The New Road to Financial Stability?, 2011, pp 145-156