Details about Emil Verner

Access statistics for papers by Emil Verner.

Last updated 2026-06-08. Update your information in the RePEc Author Service.

Short-id: pve458

Working Papers

2026

1. Bank Failures: The Roles of Solvency and Liquidity
   Papers, arXiv.org View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2026) View citations (1)
   Liberty Street Economics, Federal Reserve Bank of New York (2026)
   Staff Reports, Federal Reserve Bank of New York (2026) View citations (1)
   Working Paper, Federal Reserve Bank of Richmond (2026) View citations (1)
2. Bank Runs With and Without Bank Failure
   Papers, arXiv.org View citations (3)
3. Beliefs and Stock Market Fluctuations: New Evidence from the Past Seven Decades
   NBER Working Papers, National Bureau of Economic Research, Inc
4. Financial Liberalizations, Booms, and Crashes
   CEPR Discussion Papers, Centre for Economic Policy Research
   Also in Kiel Working Papers, Kiel Institute for the World Economy (2026)
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2026)

2025

5. A New Public Data Source: Call Reports from 1959 to 2025
   Liberty Street Economics, Federal Reserve Bank of New York
6. Failing Banks
   Papers, arXiv.org
   Also in Staff Reports, Federal Reserve Bank of New York (2024)
   NBER Working Papers, National Bureau of Economic Research, Inc (2024)
   Working Paper, Federal Reserve Bank of Richmond (2025)
   See also Journal Article Failing Banks*, The Quarterly Journal of Economics, President and Fellows of Harvard College (2026) (2026)
7. Supervising Failing Banks
   Working Paper, Federal Reserve Bank of Richmond View citations (3)
   Also in Staff Reports, Federal Reserve Bank of New York (2025) View citations (3)
   NBER Working Papers, National Bureau of Economic Research, Inc (2025) View citations (3)
8. The Foreign Currency Fisher Channel: Evidence from Households
   NBER Working Papers, National Bureau of Economic Research, Inc

2024

9. Business as Usual: Bank Net Zero Commitments, Lending, and Engagement
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
10. Business as usual: bank climate commitments, lending, and engagement
    Working Paper Series, European Central Bank View citations (7)
11. The Debt-Inflation Channel of the German (Hyper-)Inflation
    Papers, arXiv.org
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023) View citations (4)
    See also Journal Article The Debt-Inflation Channel of the German (Hyper) Inflation, American Economic Review, American Economic Association (2025) View citations (1) (2025)
12. Why Do Banks Fail? Bank Runs Versus Solvency
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
13. Why Do Banks Fail? The Predictability of Bank Failures
    Liberty Street Economics, Federal Reserve Bank of New York
14. Why Do Banks Fail? Three Facts About Failing Banks
    Liberty Street Economics, Federal Reserve Bank of New York

2023

15. Credit Allocation and Macroeconomic Fluctuations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    See also Journal Article Credit Allocation and Macroeconomic Fluctuations, The Review of Economic Studies, Review of Economic Studies Ltd (2024) View citations (11) (2024)
16. Inflating Away the Debt: The Debt-Inflation Channel of German Hyperinflation
    Liberty Street Economics, Federal Reserve Bank of New York

2022

17. Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu
    Papers, arXiv.org View citations (28)
    See also Journal Article Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu, The Journal of Economic History, Cambridge University Press (2022) View citations (7) (2022)
18. The Anatomy of Consumption in a Household Foreign Currency Debt Crisis
    MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary)
    Also in Working Paper Series, European Central Bank (2022)
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2021)

2020

19. Banking Crises without Panics
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (35)
    See also Journal Article Banking Crises Without Panics*, The Quarterly Journal of Economics, President and Fellows of Harvard College (2025) (2025)
20. Fight the Pandemic, Save the Economy: Lessons from the 1918 Flu
    Liberty Street Economics, Federal Reserve Bank of New York View citations (4)
21. Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis
    MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary) View citations (44)
    Also in 2018 Meeting Papers, Society for Economic Dynamics (2018) View citations (14)
    See also Journal Article Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis, American Economic Review, American Economic Association (2020) View citations (43) (2020)

2018

22. Financial Crisis, Creditor-Debtor Conflict, and Political Extremism
    VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy, Verein für Socialpolitik / German Economic Association View citations (3)

2017

23. Household Debt and Business Cycles Worldwide
    2017 Meeting Papers, Society for Economic Dynamics View citations (467)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (46)
    See also Journal Article Household Debt and Business Cycles Worldwide, The Quarterly Journal of Economics, President and Fellows of Harvard College (2017) View citations (461) (2017)
24. How do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
    See also Journal Article How Do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s, Community Development Publications and Reports, Federal Reserve Bank of St. Louis (2017) (2017)

Journal Articles

2026

1. Bank Failures: Solvency and Liquidity
   Richmond Fed Economic Brief, 2026, 26, (12)
2. Failing Banks*
   The Quarterly Journal of Economics, 2026, 141, (1), 147-204
   See also Working Paper Failing Banks, Papers (2025) (2025)

2025

3. Banking Crises Without Panics*
   The Quarterly Journal of Economics, 2025, 136, (1), 51-113
   See also Working Paper Banking Crises without Panics, NBER Working Papers (2020) View citations (35) (2020)
4. The Debt-Inflation Channel of the German (Hyper) Inflation
   American Economic Review, 2025, 115, (7), 2111-50 View citations (1)
   See also Working Paper The Debt-Inflation Channel of the German (Hyper-)Inflation, Papers (2024) (2024)

2024

5. Credit Allocation and Macroeconomic Fluctuations
   The Review of Economic Studies, 2024, 91, (6), 3645-3676 View citations (11)
   See also Working Paper Credit Allocation and Macroeconomic Fluctuations, NBER Working Papers (2023) View citations (16) (2023)

2022

6. Financial Crisis, Creditor‐Debtor Conflict, and Populism
   Journal of Finance, 2022, 77, (4), 2471-2523 View citations (16)
7. Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu
   The Journal of Economic History, 2022, 82, (4), 917-957 View citations (7)
   See also Working Paper Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu, Papers (2022) View citations (28) (2022)

2020

8. Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis
   American Economic Review, 2020, 110, (9), 2667-2702 View citations (43)
   See also Working Paper Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis, MNB Working Papers (2020) View citations (44) (2020)
9. How Does Credit Supply Expansion Affect the Real Economy? The Productive Capacity and Household Demand Channels
   Journal of Finance, 2020, 75, (2), 949-994 View citations (56)

2017

10. Household Debt and Business Cycles Worldwide
    The Quarterly Journal of Economics, 2017, 132, (4), 1755-1817 View citations (461)
    See also Working Paper Household Debt and Business Cycles Worldwide, 2017 Meeting Papers (2017) View citations (467) (2017)
11. How Do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s
    Community Development Publications and Reports, 2017, 59 pages
    See also Working Paper How do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s, NBER Working Papers (2017) View citations (28) (2017)