-
"Financial Crisis, Structure and Reform" (with X. Gu and O. Kowalewski), 2012, p.2960- 2973.
-
"Trends in Financial Innovation and their Welfare Impact: an Overview", 2012, p.493-514.
-
"Why are there Large Foreign Exchange Reserves? The Case of South Korea" (with J. Y. Hong), , December, 2011, p. 1-33.
-
"Interbank Market Liquidity and Central Bank Intervention” (with E. Carletti and D. Gale), July 2009, p. 639-652.
-
"Mark-to-Market Accounting and Cash-in-the-Market Pricing,” (with E. Carletti), August 2008, p. 358-378.
-
"What is the Rationale for Regulating Banks" (with E. Carletti), December 2007, p. 40-43.
-
"Beauty Contests, Bubbles, and Iterated Expectations in Asset Markets," (with S. Morris and H. S. Shin), Fall 2006, 19(3), p. 719-752.
-
"Credit Risk Transfer and Contagion," (with E. Carletti), 2006, p.89-111
-
"Large Investors, Price Manipulation, and Limits to Arbitrage: An Anatomy of Market Corners" (with L. Litov and J. Mei), 2006,p. 645-693
-
"The Efficiency and Stability of Banks and Markets", 2006,p. 102-119
-
"Law, Finance and Economic Growth in China,” (with J. Qian and M. Qian),2005, p.57-116.
-
"From Cash-in-the-Market Pricing to Financial Fragility," (with D. Gale), April-May 2005, p. 535-546.
-
"Corporate Governance in Emerging Economies", 2005, p. 164-177
-
"Financial Integration and EMU" (with W. Song), 2005, p.7-24.
-
"Modelling Financial Instability", April 2005.
-
"Financial Intermediaries and Markets" (with D. Gale), p.1023-1061.
-
"Financial Fragility, Liquidity, and Asset Prices ” (with D. Gale), p.1015-1048, December 2004.
-
"Competition and Financial Stability" (with D. Gale), 2004, p.453-480
-
"Financial Systems in Europe, the United States of America and Asia" (with M. Chui and A. Maddaloni), 2004, p.490-508.
-
"Sustained Economic Growth and the Financial System," (with H. Oura), December 2004, p.95-126.
-
"Liquidity and Financial Instability: An Introduction" (with P. Bolton), p. 925-928. December 2004.
-
Review of "Financial Crises, Liquidity, and the International Monetary System" by Jean Tirole, 2004
-
"Assessment of the Riksbank's Work on Financial Stability Issues (with L. Franke and M. Swinburne), 2004
-
"Comparing China's Financial System" (with J. Qian and M. Qian), p. 1-28
-
“Building China’s Financial System in the 21st Century” (with J. Qian and M. Qian), 2003, p. 36-41.
-
“E-Finance: An Introduction,” (with J. Mc Andrews and P. Strahan), 2002
-
"Liquidity, Asset Prices and Systemic Risk” (with D. Gale), October 2002,
-
“Do Financial Institutions Matter?,” (AFA Presidential Address), 2001, p.1165-1175
-
“What Do Financial Intermediaries Do?” (with A. M. Santomero), 2001, p. 271-294.
-
“Financial Structure and Financial Crises,” 2001, p. 1-19
-
“Competition Among Banks: Introduction and Conference Overview,” (with H. Gersbach, J. Krahnen, and A. M. Santomero), 2001,p. 1-11.
-
Book review of The Asian Financial Crisis: Causes, Contagion and Consequences by Pierre Richard Agenor, Marcus Miller, David Vines and Axel Weber, 2001
-
“Financial Contagion,” (joint with D. Gale), 2000
-
“A Theory of Dividends Based on Tax Clienteles,” (joint with Antonio Bernardo and Ivo Welch), 2000
-
“Bubbles and Crises,” (joint with D. Gale), 2000
-
“Selection Editor’s Introduction”, 2000
-
Book review of "The Political Economy of Japanese Financial Markets: Myths versus Reality" by Dick Beason and Jason James, 2000
-
"Using Genetic Algorithms to Find Technical Trading Rules," (joint with R. Karjalainen), 1999
-
Diversity of Opinion and Financing of New Technologies,” (joint with D. Gale), 1999
-
“Innovations in Financial Services, Relationships and Risk Sharing,” (joint with D. Gale), 1999
-
“Bubbles, Crises and Policy,” (with D. Gale), 1999
-
“The Asian Crisis and the Process of Financial Contagion,” (with D. Gale), 1999
-
“Guest Editor’s Introduction: The Design of Financial Systems and Markets”, 1999
-
“Optimal Financial Crises," (with D. Gale), 1998
-
"Financial Pricing of Insurance in the Multiple Line Insurance Company," (joint with R. D. Phillips, J. D. Cummins), 1998
-
"Financial Markets, Intermediaries, and Intertemporal Smoothing," (with D. Gale), 1997
-
"The Theory of Financial Intermediation," (with A. M. Santomero), 1997
-
Book review of "Strong Managers, Weak Owners" by M. Roe, 1994-1996
-
"A Welfare Comparison of Intermediaries and Financial Markets in Germany and the United States" (with D. Gale), 1995
-
Comment on "Capital Requirements, Loan Renegotiation and the Borrower's Choice of Financing Source" by A. V. Thakor and P. Furlong Wilson, 1995
-
"Limited Market Participation and Volatility of Asset Prices" (with D. Gale), 1994
-
"Churning Bubbles" (with G. Gorton), 1993
-
"Finite Bubbles with Short Sale Constraints and Asymmetric Information" (with S. Morris and A. Postlewaite), 1993
-
"Strategic Management and Financial Markets", 1993
-
"Introduction to Special Issue on Security Design", 1993
-
"Stock Price Manipulation" (with D. Gale), 1992
-
"Stock Price Manipulation, Market Microstructure and Asymmetric Information," (with G. Gorton), 1992
-
"Measurement Distortion and Missing Contingencies in Optimal Contracts," (with D. Gale), 1992
-
"Design of Securities" in The New Palgrave Dictionary of Money and Finance, 1992
-
"Subordinated Debt" (with A. M. Santomero) in The New Palgrave Dictionary of Money and Finance, 1992
-
"Arbitrage, Short Sales and Financial Innovation," (with D. Gale), 1991
-
"Rational Rationing," (with G. Faulhaber), 1991
-
"The Market for Information and the Origin of Financial Intermediation", 1990
-
Book review of Financial Markets and Incomplete Information-Frontiers of Modern Financial Theory, Volume 2, edited by S. Bhattacharya and G. M. Constantinides, 1989, 188-197, Rowman and Littlefield , 1990
-
"Signalling by Underpricing in the IPO Market," (with G. Faulhaber), 1989
-
"Optimal Security Design," (with D. Gale), 1988
-
"A Theory of Pricing Rigidities When Quality is Unobservable", 1988
-
"Optimism Invites Deception," (with G. Faulhaber),, 1988
-
"Discovering Personal Probabilities When Utility Functions are Unknown", 1987
-
"On the Fixed Nature of Sharecropping Contracts", 1985
-
"Repeated Principal-Agent Relationships with Lending and Borrowing", 1985
-
"Achieving the First Best in Small Economies", 1985
-
"Reputation and Product Quality", 1984
-
"Rational Expectations and the Measurement of a Stock's Elasticity of Demand," (with A. Postlewaite), 1984
-
"Mixed Wage and Rent Contracts as Reinterpretations of Share Contracts", 1984
-
"Credit Rationing and Payment Incentives", 1983
-
"Admissible Mean Standard Deviation Indifference Curves", 1983
-
"Optimal Linear Income Taxation with General Equilibrium Effects on Wages", 1982
-
"On Share Contracts and Screening", 1982
-
"The Prevention of Default", 1981