A theory of systemic risk and design of prudential bank regulation, Journal of Financial Stability, vol.5, issue.3, pp.224-255, 2009. ,
DOI : 10.1016/j.jfs.2009.02.001
Dividends and Bank Capital in the Financial Crisis of, 2007. ,
Caught between Scylla and Charybdis? Regulating Bank Leverage When There Is Rent Seeking and Risk Shifting, Review of Corporate Finance Studies, 2010. ,
DOI : 10.1093/rcfs/cfv006
Robust Capital Regulation, SSRN Electronic Journal, 2011. ,
DOI : 10.2139/ssrn.1822333
Measuring Systemic Risk, 2010. ,
The Dark Side of Liquidity Creation: Leverage-induced Systemic Risk and the Lender of Last Resort, 2010. ,
Leverage, Moral Hazard and Liquidity " , forthcoming, Journal of Finance, 2011. ,
Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is not Expensive, 2010. ,
Increased-Liability Equity: A Proposal to Improve Capital Regulation of Large Financial Institutions, SSRN Electronic Journal, 2010. ,
DOI : 10.2139/ssrn.1532484
Liquidity and leverage, Journal of Financial Intermediation, vol.19, issue.3, pp.418-437, 2010. ,
DOI : 10.1016/j.jfi.2008.12.002
Looting: the Economic Underworld of Bankruptcy for Profit Economic Studies Program, The Brookings Institution, Brookings Papers on Economic Activity, vol.24, issue.2, pp.1-74, 1993. ,
Credit market competition and capital regulation, Review of Financial Studies ,
DOI : 10.1093/rfs/hhp089
URL : http://publikationen.ub.uni-frankfurt.de/files/3678/05_23.pdf
The theory of financial intermediation, Journal of Banking & Finance, vol.21, issue.11-12, pp.1461-1485, 1997. ,
DOI : 10.1016/S0378-4266(97)00032-0
Do Tougher Bank Capital Requirements Matter? New Evidencefrom the Eighties " Working Paper, 2001. ,
Stock Repurchases and TARP in the Banking Industry, 2010. ,
The effectiveness of bank capital adequacy regulation: A theoretical and empirical approach, Journal of Banking & Finance, vol.27, issue.10, pp.1935-1958, 2003. ,
DOI : 10.1016/S0378-4266(02)00311-4
The credit crisis around the globe: Why did some banks perform better?, Working Paper, 2010. ,
Bank Capital Regulation, Osaka Economic Papers, vol.40, pp.210-226, 1991. ,
DOI : 10.1007/978-1-349-23029-7_16
Bank Capital, Survival, and Performance around Financial Crises, 2010. ,
The role of capital in financial institutions, Journal of Banking & Finance, vol.19, issue.3-4, pp.393-430, 1995. ,
DOI : 10.1016/0378-4266(95)00002-X
The modern corporation and private property Contemporary Banking Theory, Journal of Financial Intermediation, vol.3, pp.2-50, 1932. ,
Investigating the Banking Consolidation Trend, Federal Reserve Bank of Minneapolis Quarterly Review, vol.15, issue.2, pp.3-15, 1991. ,
Principles of Corporate Finance, 2007. ,
Federal Deposit Insurance, Regulatory policy, and Optimal Bank Capital, Journal of Finance, vol.35, pp.51-60, 1981. ,
Building an incentive-compatible safety net, Journal of Banking & Finance, vol.23, issue.10, pp.1499-1519, 1999. ,
DOI : 10.1016/S0378-4266(99)00028-X
The Origins of Banking Panics, Financial Markets and Financial Crises, pp.109-173, 1991. ,
The Role of Demandable Debt in Structuring Optimal Banking Arrangements, American Economic Review, vol.81, pp.497-513, 1991. ,
The optimal size of a bank: Costs and benefits of diversification, European Economic Review, vol.44, issue.9, pp.9-1701, 2000. ,
DOI : 10.1016/S0014-2921(99)00008-2
Liquidity risk management and credit supply in the financial crisis, Working Paper, 2010. ,
Agency Problems and Risk Taking At Banks, SSRN Electronic Journal, 1997. ,
DOI : 10.2139/ssrn.943507
Diversification, Size, and Risk at Bank Holding Companies, Journal of Money, Credit and Banking, vol.29, issue.3, pp.3-300, 1997. ,
DOI : 10.2307/2953695
Product Mix and Earnings Volatility at Commercial Banks: Evidence from a Degree of Total Leverage Model, Journal of Financial Intermediation, vol.10, issue.1, pp.54-84, 2001. ,
DOI : 10.1006/jfin.2000.0305
Bank Runs, Deposit Insurance, and Liquidity, Journal of Political Economy, vol.91, issue.3, pp.401-419, 1983. ,
DOI : 10.1086/261155
Financial Intermediation and Delegated Monitoring, The Review of Economic Studies, vol.51, issue.3, pp.193-414, 1984. ,
DOI : 10.2307/2297430
URL : http://restud.oxfordjournals.org/cgi/content/short/51/3/393
A Theory of Bank Capital, The Journal of Finance, vol.21, issue.6, pp.2431-2465, 2000. ,
DOI : 10.1111/0022-1082.00296
Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking, Journal of Political Economy, vol.109, issue.2, pp.287-327, 2001. ,
DOI : 10.1086/319552
Some Lesson from the Crisis, Remarks at the Institute of International Banks Membership Luncheon, 2009. ,
Two agency-cost explanation of dividends, The American Economic Review, vol.74, issue.4, pp.650-659, 1984. ,
Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts, 2009. ,
DOI : 10.3386/w15138
URL : http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.167.9134
Debt Maturity and the Deadweight Cost of Leverage: Optimally Financing Banking Firms, American Economic Review, vol.84, pp.320-331, 1994. ,
No Pain, No Gain? Effecting Market Discipline via Reverse Convertible Debentures, Capital Adequacy Beyond Basel: Banking Securities and Insurance, 2005. ,
What Caused the Bank Capital Build-up of the 1990s?, Review of Finance, vol.12, issue.2, pp.391-429, 2008. ,
DOI : 10.1093/rof/rfm007
Monetary Relationships: A View from Thread needle Street, Papers in Monetary Economics, 1975. ,
Financial Intermediation, 2002. ,
The Determinants of Capital Structure: Some Evidence from Banks, ZEW Working Paper, pp.8-15, 2008. ,
The Shoe That Didn't Drop: Explaining Banking Stability During the Great Depression, The Journal of Economic History, vol.51, issue.03, pp.654-682, 1994. ,
DOI : 10.1016/0014-4983(86)90019-7
On the Impossibility of Informationally Efficient Markets, American Economic Review, vol.61, pp.393-408, 1980. ,
What is the Contribution of the Financial Sector: Miracle or Mirage?, 2010. ,
The Rigidity of Prices: Evidence form the Banking Sector, American Economic Review, vol.81, pp.938-945, 1991. ,
A Macroprudential Approach to Financial Regulation, Journal of Economic Perspectives, 2010. ,
A New Capital Regulation for Large Financial Institutions, 2010. ,
Financial Intermediation, Loanable Funds, and The Real Sector, The Quarterly Journal of Economics, vol.112, issue.3, pp.663-691, 1997. ,
DOI : 10.1162/003355397555316
Are scale economies in banking elusive or illusive? Evidence obtained by incorporating capital structure and risk taking into models of bank production, Federal Reserve Bank of Philadelphia Working Paper, 2000. ,
Demand Deposits as an Incentive Mechanism, 1999. ,
Agency Costs of Free Cash Flow, Corporate Finance and Takeovers, American Economic Review Papers and Proceedings, vol.76, pp.323-329, 1986. ,
Theory of the firm: Managerial behavior, agency costs and ownership structure, Journal of Financial Economics, vol.3, issue.4, pp.305-360, 1976. ,
DOI : 10.1016/0304-405X(76)90026-X
Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit-taking, The Journal of Finance, vol.9, issue.1, pp.33-73, 2002. ,
DOI : 10.1111/1540-6261.00415
Rethinking CapitalRegulation, Federal Reserve Bank of Kansas City Symposium, 2008. ,
Deposit Insurance, Risk, and Market Power in Banking, American Economic Review, vol.80, pp.1183-1200, 1990. ,
Monitoring the monitor: An incentive structure for a financial intermediary, Journal of Economic Theory, vol.57, issue.1, pp.197-221, 1992. ,
DOI : 10.1016/S0022-0531(05)80048-1
A THEORY OF OPTIMAL BANK SIZE, Oxford Economic Papers, vol.44, issue.4, pp.725-749, 1993. ,
DOI : 10.1093/oxfordjournals.oep.a042072
Informational Asymmetries, Financial Structure, and Financial Intermediation, The Journal of Finance, vol.32, issue.2, pp.371-387, 1977. ,
DOI : 10.2307/2326770
Deregulation and bank financial policy, Journal of Banking & Finance, vol.8, issue.4, pp.557-565, 1984. ,
DOI : 10.1016/S0378-4266(84)80046-1
Bank Capital and Value in the Cross-Section, Review of Financial Studies, vol.24, issue.4, 2010. ,
DOI : 10.1093/rfs/hhq022
An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory, Journal of Banking & Finance, vol.1, issue.1, pp.3-11, 1977. ,
DOI : 10.1016/0378-4266(77)90015-2
Do the M & M propositions apply to banks?, Journal of Banking & Finance, vol.19, issue.3-4, pp.483-489, 1995. ,
DOI : 10.1016/0378-4266(94)00134-O
Do Independence and Financial Expertise of the Board Matter for Risk Taking and Performance ?" Working Paper, 2010. ,
The Cost of Capital, Corporation Finance, and the Theory of Investment, American Economic Review, vol.48, pp.261-297, 1958. ,
Corporate income taxes and the cost of capital: a correction, American Economic Review, vol.53, pp.433-443, 1963. ,
Le faux grail de la performance bancaire, La Tribune, 2011. ,
Determinants of corporate borrowing, Journal of Financial Economics, vol.5, issue.2, pp.147-175, 1977. ,
DOI : 10.1016/0304-405X(77)90015-0
Corporate financing and investment decisions when firms have information that investors do not have, Journal of Financial Economics, vol.13, issue.2, pp.187-222, 1984. ,
DOI : 10.1016/0304-405X(84)90023-0
The Paradox of Liquidity, The Quarterly Journal of Economics, vol.113, issue.3, pp.733-771, 1998. ,
DOI : 10.1162/003355398555739
Valuation effects of commercial bank securities offerings, Journal of Banking & Finance, vol.13, issue.3, pp.443-461, 1989. ,
DOI : 10.1016/0378-4266(89)90052-6
Is the 2007 US Sub-Prime Financial Crisis So Different? An International Historical Comparison, American Economic Review, vol.98, issue.2, pp.339-383, 2008. ,
DOI : 10.1257/aer.98.2.339
Capital requirements, market power, and risk-taking in banking, Journal of Financial Intermediation, vol.13, issue.2, pp.156-182, 2004. ,
DOI : 10.1016/j.jfi.2003.08.005
Visible and Hidden Risk Factors for Banks, 2006. ,
Unstable banking, Journal of Financial Economics, vol.97, issue.3, pp.306-318, 2010. ,
DOI : 10.1016/j.jfineco.2009.10.007
Informational externalities of seasoned equity issues, Journal of Financial Economics, vol.32, issue.1, pp.87-101, 1992. ,
DOI : 10.1016/0304-405X(92)90026-T
Credit Rationing in Markets with Imperfect Information, American Economic Review, vol.71, pp.393-410, 1981. ,
Capital Requirements, Monetary Policy, and Aggregate Bank Lending: Theory and Empirical Evidence, The Journal of Finance, vol.11, issue.1, pp.279-324, 1996. ,
DOI : 10.1111/j.1540-6261.1996.tb05210.x
The Theory of Corporate Finance, 2005. ,
URL : https://hal.archives-ouvertes.fr/hal-00173191
DETERMINANTS OF VALUATION EFFECTS FOR SECURITY OFFERINGS OF COMMERCIAL BANK HOLDING COMPANIES, Journal of Financial Research, vol.15, issue.3, pp.217-234, 1989. ,
DOI : 10.1111/j.1475-6803.1989.tb00515.x
Institutional Liquidity Needs and the Structure of Monitored Finance, 2001. ,