Can be downloaded from: https://ideas.repec.org/e/pla174.html
"Falling Interest Rates and Credit Misallocation: Lessons from General Equilibrium" (with Vladimir Asriyan, Alberto Martin, Alejandro Van der Ghote, and Victoria Vanasco), 2021
"Global Evidence on Profit Shifting: The Role of Intangible Assets" (with Manthos Delis, Fotis Delis, Luc Laeven, and Steven Ongena), 2021
"Media Capture by Banks" (with Ruben Durante, Andrea Fabiani, and José Luis Peydró), 2020
"Investing in Crises" (with M. Baron, J. Penasse, and Y. Usenko), 2020
"Monetary and Macroprudential Policy Complementarities: Evidence from European Credit Registers" (with C. Altavilla and J.-L. Peydro), 2020
"Systemic Banking Crises Database: A Timely Update in COVID-19 Times" (with F. Valencia), 2020
"Growth-and-Risk Trade-Off" (with M. D. Gadea Rivas and G. Perez-Quiros), 2020
"Do Bank Insiders Impede Equity Issuances?" (with M. Goetz and R. Levine), 2020
"Managing the Sovereign-Bank Nexus" (with G. Dell' Ariccia, C. Ferreira, N. Jenkinson, A. Martin, C. Minoiu, and A. Popov), 2018
Can be downloaded from: https://ideas.repec.org/e/pla174.html
[74] “Systemic Risk and Monetary Policy: The Haircut Gap Channel of the Lender of Last Resort” (with M. Jasova, C. Mendicino, J.-L. Peydro and D. Supera), Review of Financial Studies, forthcoming.
[73] “Carbon Taxes and the Geography of Fossil Lending” (with A. Popov), Journal of International Economics, forthcoming.
[72] “Credit Shocks, Employment Protection, and Growth: Firm-level Evidence from Spain” (with P. McAdam and A. Popov), Journal of Banking and Finance, forthcoming.
[71] "Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis" (with S. Kalemli-Ozcan and D. Moreno), Journal of the European Economic Association, 20(6), 2353–2395, December 2022.
[70] "Loan Types and the Bank Lending Channel" (with V. Ivashina and E. Moral-Benito), Journal of Monetary Economics, 126, 171–187, March 2022.
[69] "Collateral Booms and Information Depletion" (with V. Asriyan and A. Martin), Review of Economic Studies, 89(2), 517–555, March 2022.
[68] "Pandemics, Intermediate Goods, and Corporate Valuation", Journal of International Money and Finance, 120, 102505, February 2022.
[67] "The Gender Promotion Gap: Evidence from Central Banking" (with L. Hospido and A. Lamo), Review of Economics and Statistics, 104(5), 981–996, September 2022.
[66] “Safe-Asset Shortages: Evidence from the European Government Bond Lending Market” (with R. Aggarwal and J. Bai), Journal of Financial and Quantitative Analysis, 56(8), 2689–2719, December 2021.
[65] "Financial Intermediation and Technology: What’s Old, What’s New?" (with A. Boot, P. Hoffmann, and L. Ratnovski), Journal of Financial Stability, 53, 100-836, April 2021 .
[64] “Bank Capital: A Seawall Approach” (with J. Dagher, G. Dell’Ariccia, L. Ratnovski, and H. Tong), International Journal of Central Banking, 16 (2), 249–292, March 2020.
[63] "Systemic Banking Crises Database II" (with F. Valencia), IMF Economic Review, 68, 307–361, January 2020.
[62] “The Procyclicality of Banking: Evidence from the Euro Area” (with H. Huizinga), IMF Economic Review, 67(3), 496–527, September 2019.
[61] “Nonconsolidated Affiliates, Bank Capitalization, and Risk Taking” (with D. Gong and H. Huizinga), Journal of Banking and Finance, 97, 109–129, December 2018.
[60] “Waking Up from the American Dream: On the Experience of Young Americans during the Housing Boom of the 2000s” (with A. Popov), Journal of Money, Credit, and Banking, 49(5), 861–895, August 2017.
[59] “Bank Leverage and Monetary Policy’s Risk-Taking Channel: Evidence from the United States” (with G. Dell’Ariccia and G. Suarez), Journal of Finance, 72(2), 613–654, March 2017.
[58] “The Use and Effectiveness of Macroprudential Policies: New Evidence” (with E. Cerutti and S. Claessens), Journal of Financial Stability, 28, 203–224, February 2017.
[57] “Political Foundations of the Lender of Last Resort: A Global Historical Narrative” (with C. Calomiris and M. Flandreau), Journal of Financial Intermediation, 28, 48–65, October 2016.
[56] “Bank Size, Capital, and Systemic Risk: Some International Evidence” (with L. Ratnovski and H. Tong), Journal of Banking and Finance, 69(S1), S25–S34, August 2016.
[55] “A Lost Generation? Education Decisions and Employment Outcomes during the Housing Boom-Bust Cycle of the 2000s” (with A. Popov), American Economic Review Papers & Proceedings, 106(5), 630–635, May 2016.
[54] “Does the Geographic Expansion of Banks Reduce Risk?” (with M. Goetz and R. Levine), Journal of Financial Economics, 120(2), 346–362, May 2016.
[53] “Credit Booms and Macrofinancial Stability” (with G. Dell’Ariccia, D. Igan, and H. Tong), Economic Policy, 31(86), 299–355, April 2016.
[52] “Local Ownership, Crises, and Asset Prices: Evidence from US Mutual Funds” (with M. Giannetti), Review of Finance, 20(3), 947–978, April 2016.
[51] “The Effect of Personal Bankruptcy Exemptions on Investment in Home Equity” (with S. Corradin, R. Gropp, and H. Huizinga), Journal of Financial Intermediation, 25, 77–98, January 2016.
[50] “Deposit Insurance Around the World: A Comprehensive Analysis and Database” (with A. Demirguc-Kunt and E. Kane), Journal of Financial Stability, 20, 155–183, October 2015.
[49] “Financial Innovation and Endogenous Growth” (with R. Levine and S. Michalopoulos), Journal of Financial Intermediation, 24(1), 1–24, January 2015.
[48] “Monetary Policy, Leverage, and Bank Risk-Taking” (with G. Dell’Ariccia and R. Marquez), Journal of Economic Theory, 149, 65-99, January 2014.
[47] “Corporate Governance: What’s Special About Banks?” Annual Review of Financial Economics, 5, 63-92, November 2013.
[46] “Identifying the Valuation Effects and Agency Costs of Corporate Diversification: Evidence from the Geographic Diversification of U.S. Banks” (with M. Goetz and R. Levine), Review of Financial Studies, 26(7), 1787-1823, July 2013.
[45] “Systemic Banking Crises Database” (with F. Valencia), IMF Economic Review, 61(2), 225-270, June 2013 (lead article).
[44] “The Real Effects of Financial Sector Interventions During Crises” (with F. Valencia), Journal of Money, Credit, and Banking, 45(1), 147–177, February 2013.
[43] “Taxation and Investment Locationof Multinational Firms” (with S. Barrios, H. Huizinga, and G. Nicodeme), Journal of Public Economics, 96, 946–958, December 2012.
[42] “Bank Valuation and Accounting Discretion During a Financial Crisis” (with H. Huizinga), Journal of Financial Economics, 106(3), 614–634, December 2012.
[41] “The Use of Blanket Guarantees in Banking Crises” (with F. Valencia), Journal of International Money and Finance, 31(5), 1220–1248, September 2012.
[40] “U.S. Monetary Shocks and Global Stock Prices” (with H. Tong), Journal of Financial Intermediation, 21(3), 530–547, July 2012.
[39] “Flight Home, Flight Abroad, and International Credit Cycles” (with M. Giannetti), American Economic Review, 102(3), 219–224, May 2012.
[38] “Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market” (with G. Dell’Ariccia and D. Igan), Journal of Money, Credit, and Banking, 44(2-3), 367–384, March 2012.
[37] “The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises” (with M. Giannetti), Journal of Financial Economics, 104(1), 23–43, April 2012.
[36] “Trade Credit Contracts” (with L. Klapper and R. Rajan), Review of Financial Studies, 25(3), 838–867, March 2012.
[35] “Banking Crises: A Review”, Annual Review of Financial Economics, 3, 17–40, December 2011.
[34] “Cross-Country Experiences and Policy Implications from the Global Financial Crisis” (with S. Claessens, G. Dell’Ariccia, and D. Igan), Economic Policy, 25, 267–293, April 2010.
[33] “Pension Reform, Ownership Structure, and Corporate Governance: Evidence from Sweden” (with M. Giannetti), Review of Financial Studies, 22(10), 4091–4127, October 2009.
[32] “Bank Governance, Regulation, and Risk Taking” (with R. Levine), Journal of Financial Economics, 93(2), 259–275, August 2009. (JFE highly cited paper)
[31] “Corporate Governance Norms and Practices” (with V. Chhaochharia), Journal of Financial Intermediation, 18(3), 405–431, July 2009.
[30] “The Impact of Organizational Structure and Lending Technology on Banking Competition” (with H. Degryse and S. Ongena), Review of Finance, 13(2), 225–259, April 2009.
[29] “Finance, Firm Size, and Growth” (with T. Beck, A. Demirguc-Kunt, and R. Levine), Journal of Money, Credit, and Banking, 40(7), 1379–1405, October 2008.
[28] “Banking and Bank Regulation: Challenges for the Future” (with T. Beck, R. Levine, and G. Pennacchi), Journal of Financial Intermediation, 17(4), 509–510, October 2008.
[27] “Determinants of Deposit-Insurance Adoption and Design” (with A. Demirgüç-Kunt and E.J. Kane), Journal of Financial Intermediation, 17(3), 407–438, July 2008.
[26] “Political Connections and Preferential Access to Finance: The Role of Campaign Contributions” (with S. Claessens and E. Feijen),
Journal of Financial Economics, 88(3), 554–580, June 2008.
[25] “International Profit Shifting within European Multinationals: A Multi-Country Perspective” (with H. Huizinga), Journal of Public Economics, 92(5-6), 1164–1182, June 2008.
[24] “Corporate Governance Quality: Trends and Real Effects” (with G. De Nicolò and K. Ueda), Journal of Financial Intermediation, 17(2), 198–228, April 2008.
[23] “Capital Structure and International Debt Shifting in Europe” (with H. Huizinga and G. Nicodème), Journal of Financial Economics, 88(1), 80–118, April 2008.
[22] “Complex Ownership Structures and Corporate Valuations” (with R. Levine), Review of Financial Studies, 21(2), 579–604, April 2008.
[21] “The Quality of the Legal System and Firm Size” (with C. Woodruff), Review of Economics and Statistics, 89(4), 601–614, November 2007.
[20] “Governance and Bank Valuation” (with G. Caprio and R. Levine), Journal of Financial Intermediation, 16(4), 584–617, October 2007.
[19] “Is There a Diversification Discount in Financial Conglomerates?” (with R. Levine), Journal of Financial Economics, 85(2), 331–367, August 2007.
[18] “International Portfolio Diversification Benefits: Cross-Country Evidence from a Local Perspective” (with J. Driessen), Journal of Banking and Finance, 31(6), 1693–1712, June 2007.
[17] “Banking Crises, Financial Dependence, and Growth” (with D. Klingebiel and R. Kroszner), Journal of Financial Economics, 84(1), 187–228, April 2007.
[16] “Entry Regulation as a Barrier to Entrepreneurship” (with L. Klapper and R. Rajan), Journal of Financial Economics, 82(3), 591–629, December 2006.
[15] “The Determinants of Financing Obstacles” (with T. Beck, A. Demirgüç-Kunt, and V. Maksimovic), Journal of International Money and Finance, 25(6), 932–952, October 2006.
[14] “Institutions and Growth in Transition Economies” (with T. Beck), Journal of Economic Growth, 11(2), 157–186, June 2006.
[13] “Corporate Governance Provisions and Firm Ownership: Firm-Level Evidence from Eastern Europe” (with L. Klapper and I. Love), Journal of International Money and Finance, 25(3), 429–444, April 2006.
[12] “Does Judicial Efficiency Lower the Cost of Credit?” (with G. Majnoni), Journal of Banking and Finance, 29(7), 1791–1812, July 2005.
[11] “Financial Sector Competition, Financial Dependence, and Growth” (with S. Claessens), Journal of the European Economic Association, 3(1), 179–207, March 2005.
[10] “The Political Economy of Deposit Insurance”. Journal of Financial Services Research, 26(3), 201–224, December 2004. (lead article).
[9] “Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation” (with A. Demirguc-Kunt and R. Levine), Journal of Money, Credit, and Banking, 36(3), 593–622, June 2004.
[8] “What Drives Bank Competition? Some International Evidence” (with S. Claessens), Journal of Money, Credit, and Banking, 36(3), 563–583, June 2004.
[7] “Financial Development, Property Rights, and Growth” (with S. Claessens), Journal of Finance, 58(6), 2401–2436, December 2003. (This paper was nominated for the 2004 Brattle Prize).
[6] “How Country and Safety-Net Characteristics Affect Bank Risk-Shifting” (with A. Hovakimian and E. Kane), Journal of Financial Services Research, 23(3), 177–204, June 2003 (lead article).
[5] “Loan Loss Provisioning and Economic Slowdowns: Too Much, Too Late?” (with G. Majnoni), Journal of Financial Intermediation, 12(2), 178–197, April 2003.
[4] “Does Financial Liberalization Reduce Financing Constraints?”, Financial Management, 32(1), 5–34, 2003 (lead article).
[3] “Bank Risk and Deposit Insurance”, World Bank Economic Review, 16(1), 109–137, June 2002.
[2] “How Good is the Market at Assessing Bank Fragility? A Horse Race Between Different Indicators” (with P. Bongini and G. Majnoni), Journal of Banking and Finance, 26(5), 1011–1028, May 2002.
[1] “Insider Lending and Bank Ownership: The Case of Russia”. Journal of Comparative Economics, 29(2), 207–229, June 2001 (lead article).
Systemic Risk, Crises, and Macroprudential Regulation (with X. Freixas and J.-L. Peydro), Cambridge, MA: MIT Press, June 2015.
Deposit Insurance around the World: Issues of Design and Implementation (with A. Demirguc-Kunt and E. Kane), Cambridge, MA: MIT Press, 2008.
Systemic Financial Distress: Containment and Resolution (with P. Honohan), Cambridge, UK: Cambridge University Press, 2005.