Anil K. Kashyap

University of Chicago, Booth School of Business

Edward Eagle Brown Professor of Economics and Finance

5807 S. Woodlawn Avenue

Chicago, IL 60637

United States

National Bureau of Economic Research (NBER)

Professor

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

Federal Reserve Bank of Chicago

230 South LaSalle Street

Chicago, IL 60604

United States

SCHOLARLY PAPERS

58

DOWNLOADS
Rank 1,713

SSRN RANKINGS

Top 1,713

in Total Papers Downloads

21,423

SSRN CITATIONS
Rank 226

SSRN RANKINGS

Top 226

in Total Papers Citations

1,082

CROSSREF CITATIONS

2,192

Scholarly Papers (58)

1.

A Macroprudential Approach to Financial Regulation

Chicago Booth Research Paper No. 10-29
Number of pages: 42 Posted: 14 Nov 2010
Samuel Gregory Hanson, Anil K. Kashyap and Jeremy C. Stein
Harvard University - Business School (HBS), University of Chicago, Booth School of Business and Harvard University - Department of Economics
Downloads 2,807 (5,198)
Citation 106

Abstract:

Loading...

2.

Market Tantrums and Monetary Policy

Chicago Booth Research Paper No. 14-09
Number of pages: 56 Posted: 15 Mar 2014
J.P. Morgan Chase & Co., University of Chicago, Booth School of Business, New York University - Stern School of Business - Department of Economics and Bank for International Settlements (BIS)
Downloads 2,397 (6,718)
Citation 84

Abstract:

Loading...

3.

Reforming Money Market Funds

Tuck School of Business Working Paper No. 2011-86, Rock Center for Corporate Governance at Stanford University Working Paper No. 109, Columbia Business School Research Paper No. 12-13
Number of pages: 10 Posted: 19 Jan 2011 Last Revised: 20 Feb 2012
Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Dartmouth College - Tuck School of Business, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Dartmouth College - Tuck School of Business, Bank for International Settlements (BIS), Harvard University - Department of Economics and Ohio State University (OSU) - Department of Finance
Downloads 1,782 (10,922)
Citation 3

Abstract:

Loading...

Why Don't Prices Rise During Periods of Peak Demand? Evidence from Scanner Data

Number of pages: 64 Posted: 10 Sep 2002
Peter E. Rossi, Judith A. Chevalier and Anil K. Kashyap
University of California, Los Angeles (UCLA) - Anderson School of Management, Yale School of Management and University of Chicago, Booth School of Business
Downloads 1,238 (18,963)
Citation 52

Abstract:

Loading...

Pricing, Seasonality, Retail, Competition

Why Don't Prices Rise During Periods of Peak Demand? Evidence from Scanner Data

NBER Working Paper No. w7981
Number of pages: 65 Posted: 21 Oct 2000 Last Revised: 05 Oct 2001
Judith A. Chevalier, Anil K. Kashyap and Peter E. Rossi
Yale School of Management, University of Chicago, Booth School of Business and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 84 (351,051)
Citation 10

Abstract:

Loading...

5.

Stressed Out: Macroprudential Principles for Stress Testing

Chicago Booth Research Paper No. 12-08, Fama-Miller Working Paper
Number of pages: 53 Posted: 14 Feb 2012 Last Revised: 04 Apr 2013
Morgan Stanley, University of Chicago, Booth School of Business, New York University - Stern School of Business - Department of Economics and Bank for International Settlements (BIS)
Downloads 1,177 (20,823)
Citation 41

Abstract:

Loading...

6.

Modeling and Measuring Systemic Risk

American Economic Association, Ten Years and Beyond: Economists Answer NSF's Call for Long-Term Research Agendas
Number of pages: 5 Posted: 12 Aug 2011
Princeton University - Department of Economics, University of Chicago - Department of Economics, University of Chicago, Booth School of Business, Northwestern University - Kellogg School of Management and Massachusetts Institute of Technology (MIT) - Laboratory for Financial Engineering
Downloads 992 (26,740)
Citation 2

Abstract:

Loading...

Banks as Liquidity Providers: An Explanation for the Co-Existence of Lending and Deposit-Taking

Number of pages: 52 Posted: 13 Apr 1999
Anil K. Kashyap, Raghuram G. Rajan and Jeremy C. Stein
University of Chicago, Booth School of Business, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 829 (33,969)
Citation 18

Abstract:

Loading...

Banks as Liquidity Providers: an Explanation for the Co-Existence of Lending and Deposit-Taking

NBER Working Paper No. w6962
Number of pages: 54 Posted: 23 Mar 1999 Last Revised: 12 Oct 2010
Anil K. Kashyap, Raghuram G. Rajan and Jeremy C. Stein
University of Chicago, Booth School of Business, University of Chicago - Booth School of Business and Harvard University - Department of Economics
Downloads 100 (313,881)

Abstract:

Loading...

The Japanese Banking Crisis: Where Did it Come from and How Will it End?

Number of pages: 85 Posted: 23 Aug 1999
Takeo Hoshi and Anil K. Kashyap
University of California at San Diego and University of Chicago, Booth School of Business
Downloads 742 (39,529)
Citation 1

Abstract:

Loading...

The Japanese Banking Crisis: Where Did it Come from and How Will it End?

NBER Working Paper No. w7250
Number of pages: 86 Posted: 18 Jun 2000 Last Revised: 17 Apr 2008
Takeo Hoshi and Anil K. Kashyap
University of California at San Diego and University of Chicago, Booth School of Business
Downloads 175 (202,857)
Citation 1

Abstract:

Loading...

The Japanese Banking Crisis: Where Did it Come from and How Will it End?

Posted: 23 Aug 1999
Takeo Hoshi and Anil K. Kashyap
University of California at San Diego and University of Chicago, Booth School of Business

Abstract:

Loading...

9.

The Macroprudential Toolkit

Chicago Booth Initiative on Global Markets Working Paper No. 60, Chicago Booth Research Paper No. 11-02, Fama-Miller Working Paper
Number of pages: 21 Posted: 09 Jan 2011 Last Revised: 04 Apr 2013
Anil K. Kashyap, Richard B. Berner and Charles Goodhart
University of Chicago, Booth School of Business, Morgan Stanley Dean Witter & Co. Inc. and London School of Economics & Political Science (LSE) - Financial Markets Group
Downloads 901 (30,755)
Citation 11

Abstract:

Loading...

10.
Downloads 775 ( 37,767)
Citation 17

Financial Regulation in General Equilibrium

Chicago Booth Research Paper No. 12-11, Fama-Miller Working Paper
Number of pages: 50 Posted: 06 Mar 2012 Last Revised: 04 Apr 2013
London School of Economics & Political Science (LSE) - Financial Markets Group, University of Chicago, Booth School of Business, University of Oxford - Said Business School and St. Edmund Hall and Board of Governors of the Federal Reserve System
Downloads 549 (58,875)

Abstract:

Loading...

Financial Regulation in General Equilibrium

NBER Working Paper No. w17909
Number of pages: 51 Posted: 10 Mar 2012 Last Revised: 07 Dec 2020
London School of Economics & Political Science (LSE) - Financial Markets Group, University of Chicago, Booth School of Business, University of Oxford - Said Business School and St. Edmund Hall and Board of Governors of the Federal Reserve System
Downloads 125 (267,511)
Citation 2

Abstract:

Loading...

Financial Regulation in General Equilibrium

Banque de France Working Paper No. 372
Number of pages: 53 Posted: 05 Apr 2012
London School of Economics & Political Science (LSE) - Financial Markets Group, University of Chicago, Booth School of Business, University of Oxford - Said Business School and St. Edmund Hall and Board of Governors of the Federal Reserve System
Downloads 101 (311,774)
Citation 1

Abstract:

Loading...

Price setting, changeover, euro, inflation

11.

Aligning Incentives at Systemically Important Financial Institutions

Columbia Business School Research Paper No. 13-18, Fisher College of Business Working Paper
Number of pages: 7 Posted: 28 Mar 2013
Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Dartmouth College - Tuck School of Business, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Dartmouth College - Tuck School of Business, Bank for International Settlements (BIS) and Ohio State University (OSU) - Department of Finance
Downloads 712 (42,424)
Citation 1

Abstract:

Loading...

Bonus, compensation, contingent convertible bonds, capital, regulation, financial crisis

12.

Monetary Transmission in the Euro Area: Where Do We Stand?

Number of pages: 72 Posted: 05 Feb 2002
Italian Finance Ministry - International Financial Relations, University of Chicago, Booth School of Business, Banque de France and Bank of Italy
Downloads 675 (45,582)
Citation 1

Abstract:

Loading...

Monetary policy, transmission mechanism, euro area, bank lending

13.
Downloads 616 ( 51,424)
Citation 5

Best Prices

Chicago Booth Research Paper No. 11-01, Chicago Booth Initiative on Global Markets Working Paper No. 59, Fama-Miller Working Paper
Number of pages: 57 Posted: 09 Jan 2011 Last Revised: 04 Apr 2013
Judith A. Chevalier and Anil K. Kashyap
Yale School of Management and University of Chicago, Booth School of Business
Downloads 574 (55,619)

Abstract:

Loading...

Best Prices

NBER Working Paper No. w16680
Number of pages: 56 Posted: 18 Jan 2011 Last Revised: 29 Jan 2021
Judith A. Chevalier and Anil K. Kashyap
Yale School of Management and University of Chicago, Booth School of Business
Downloads 42 (497,506)
Citation 2

Abstract:

Loading...

14.
Downloads 557 ( 58,406)
Citation 318

Zombie Lending and Depressed Restructuring in Japan

MIT Economics Working Paper No. 06-06
Number of pages: 56 Posted: 10 Mar 2006
Ricardo J. Caballero, Takeo Hoshi and Anil K. Kashyap
Massachusetts Institute of Technology (MIT) - Department of Economics, University of California at San Diego and University of Chicago, Booth School of Business
Downloads 416 (82,791)
Citation 8

Abstract:

Loading...

Japan, zombies, investment, employment, job flows, restructuring, bankruptcy, creative destruction, productivity, congestion, sclerosis, scrambling, distortions, lost decade, subsidies

Zombie Lending and Depressed Restructuring in Japan

NBER Working Paper No. w12129
Number of pages: 72 Posted: 16 May 2006 Last Revised: 24 Aug 2010
Ricardo J. Caballero, Takeo Hoshi and Anil K. Kashyap
Massachusetts Institute of Technology (MIT) - Department of Economics, University of California at San Diego and University of Chicago, Booth School of Business
Downloads 141 (243,491)
Citation 95

Abstract:

Loading...

Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan

Chicago Booth Research Paper No. 09-28
Number of pages: 58 Posted: 13 Aug 2009 Last Revised: 26 Aug 2009
Takeo Hoshi and Anil K. Kashyap
University of California at San Diego and University of Chicago, Booth School of Business
Downloads 388 (89,753)
Citation 24

Abstract:

Loading...

Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan

NBER Working Paper No. w14401
Number of pages: 56 Posted: 13 Oct 2008 Last Revised: 03 Sep 2010
Takeo Hoshi and Anil K. Kashyap
University of California at San Diego and University of Chicago, Booth School of Business
Downloads 114 (286,365)

Abstract:

Loading...

16.

Solutions to Japan's Banking Problems: What Might Work and What Definitely Will Fail

Stigler Center Working Paper
Number of pages: 42 Posted: 28 Jan 2005
Anil K. Kashyap and Takeo Hoshi
University of Chicago, Booth School of Business and University of California at San Diego
Downloads 375 (94,249)
Citation 5

Abstract:

Loading...

17.

The Contradiction in China's Gradualist Banking Reforms

Chicago GSB Research Paper No. 08-07, University of Chicago Graduate School of Business Working Paper No. 4
Number of pages: 52 Posted: 05 Aug 2008
Wendy Dobson and Anil K. Kashyap
University of Toronto - Rotman School of Management and University of Chicago, Booth School of Business
Downloads 373 (94,798)
Citation 21

Abstract:

Loading...

18.
Downloads 291 (124,512)
Citation 15

Who Should Pay for Credit Ratings and How?

Fama-Miller Working Paper , Chicago Booth Research Paper No. 13-38
Number of pages: 55 Posted: 27 Mar 2013 Last Revised: 21 Aug 2015
Anil K. Kashyap and Natalia Kovrijnykh
University of Chicago, Booth School of Business and Arizona State University (ASU) - Economics Department
Downloads 271 (133,449)

Abstract:

Loading...

Rating Agencies, Optimal Contracts, Moral Hazard, Information Acquisition

Who Should Pay for Credit Ratings and How?

NBER Working Paper No. w18923
Number of pages: 56 Posted: 29 Mar 2013 Last Revised: 17 Mar 2021
Anil K. Kashyap and Natalia Kovrijnykh
University of Chicago, Booth School of Business and Arizona State University (ASU) - Economics Department
Downloads 20 (628,900)
Citation 6

Abstract:

Loading...

19.
Downloads 266 (136,792)
Citation 2

Which Banks Recover from Large Adverse Shocks?

Chicago Booth Research Paper No. 14-34
Number of pages: 52 Posted: 09 Oct 2014
Emilia Bonaccorsi di Patti and Anil K. Kashyap
Bank of Italy and University of Chicago, Booth School of Business
Downloads 248 (146,174)
Citation 1

Abstract:

Loading...

Which Banks Recover from Large Adverse Shocks?

NBER Working Paper No. w23654
Number of pages: 59 Posted: 11 Aug 2017 Last Revised: 18 Feb 2021
Emilia Bonaccorsi di Patti and Anil K. Kashyap
Bank of Italy and University of Chicago, Booth School of Business
Downloads 18 (643,727)
Citation 1

Abstract:

Loading...

20.

The Optimal Conduct of Monetary Policy with Interest on Reserves

Chicago Booth Research Paper No. 11-20, Fama-Miller Working Paper
Number of pages: 31 Posted: 30 Jun 2011 Last Revised: 04 Apr 2013
Anil K. Kashyap and Jeremy C. Stein
University of Chicago, Booth School of Business and Harvard University - Department of Economics
Downloads 261 (139,445)
Citation 22

Abstract:

Loading...

21.

Principles for Macroprudential Regulation

Chicago Booth Research Paper No. 14-19
Number of pages: 10 Posted: 01 Jul 2014
University of Chicago, Booth School of Business, University of Oxford - Said Business School and St. Edmund Hall and Board of Governors of the Federal Reserve System
Downloads 254 (143,281)
Citation 1

Abstract:

Loading...

Optimal Bank Regulation in the Presence of Credit and Run Risk

Saïd Business School WP 2017-17
Number of pages: 66 Posted: 06 Oct 2017
University of Chicago, Booth School of Business, University of Oxford - Said Business School and St. Edmund Hall and Board of Governors of the Federal Reserve System
Downloads 108 (297,638)
Citation 3

Abstract:

Loading...

Bank Runs, Credit Risk, Limited Liability, Regulation, Capital, Liquidity

Optimal Bank Regulation in the Presence of Credit and Run Risk

FEDS Working Paper No. 2017-097
Number of pages: 66 Posted: 26 Sep 2017
University of Chicago, Booth School of Business, University of Oxford - Said Business School and St. Edmund Hall and Board of Governors of the Federal Reserve System
Downloads 105 (303,592)

Abstract:

Loading...

Bank runs, Capital, Credit risk, Limited liability, Liquidity, Regulation

Optimal Bank Regulation in the Presence of Credit and Run-Risk

NBER Working Paper No. w26689
Number of pages: 96 Posted: 28 Jan 2020 Last Revised: 04 Dec 2020
University of Chicago, Booth School of Business, University of Oxford - Said Business School and St. Edmund Hall and Board of Governors of the Federal Reserve System
Downloads 8 (722,596)
Citation 1
  • Add to Cart

Abstract:

Loading...

How Does Macroprudential Regulation Change Bank Credit Supply?

Chicago Booth Research Paper No. 14-18, Saïd Business School WP 2014-6
Number of pages: 52 Posted: 01 Jul 2014 Last Revised: 18 Feb 2017
University of Chicago, Booth School of Business, University of Oxford - Said Business School and St. Edmund Hall and Board of Governors of the Federal Reserve System
Downloads 173 (204,926)
Citation 2

Abstract:

Loading...

Risk taking, Limited Liability, Bank Runs, Regulation, Capital, Liquidity

How Does Macroprudential Regulation Change Bank Credit Supply?

NBER Working Paper No. w20165
Number of pages: 51 Posted: 02 Jun 2014 Last Revised: 06 Feb 2021
University of Chicago, Booth School of Business, University of Oxford - Said Business School and St. Edmund Hall and Board of Governors of the Federal Reserve System
Downloads 16 (658,936)

Abstract:

Loading...

24.

The Choice between Public and Private Debt: An Analysis of Post-Deregulation Corporate Financing in Japan

NBER Working Paper No. w4421
Number of pages: 47 Posted: 06 Jul 2004 Last Revised: 31 Jan 2021
Takeo Hoshi, Anil K. Kashyap and David S. Scharfstein
University of California at San Diego, University of Chicago, Booth School of Business and Harvard Business School - Finance Unit
Downloads 187 (191,393)

Abstract:

Loading...

Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance

NBER Working Paper No. w4015
Number of pages: 45 Posted: 03 Jul 2007 Last Revised: 08 Mar 2010
Anil K. Kashyap, David W. Wilcox and Jeremy C. Stein
University of Chicago, Booth School of Business, Board of Governors of the Federal Reserve System and Harvard University - Department of Economics
Downloads 78 (367,075)
Citation 9

Abstract:

Loading...

Monetary Policy and Credit Conditions: Evidence from the Composition of External Finance

NBER Working Paper No. w4015
Number of pages: 45 Posted: 18 Apr 2007 Last Revised: 08 Mar 2010
Anil K. Kashyap, Jeremy C. Stein and David W. Wilcox
University of Chicago, Booth School of Business, Harvard University - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 77 (369,856)
Citation 152

Abstract:

Loading...

The Output Composition Puzzle: A Difference in the Monetary Transmission Mechanism in the Euro Area and U.S.

Number of pages: 60 Posted: 26 Jan 2004
Italian Finance Ministry - International Financial Relations, University of Chicago, Booth School of Business, Banque de France and Bank of Italy
Downloads 131 (258,212)

Abstract:

Loading...

monetary policy transmission, business cycles, consumption, investment

The Output Composition Puzzle: A Difference in the Monetary Transmission Mechanism in the Euro Area and U.S

NBER Working Paper No. w9985
Number of pages: 52 Posted: 21 Sep 2003
Italian Finance Ministry - International Financial Relations, University of Chicago, Booth School of Business, Banque de France and Bank of Italy
Downloads 24 (600,038)
Citation 3

Abstract:

Loading...

27.
Downloads 154 (225,992)
Citation 3

The Benchmark Inclusion Subsidy

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2018-83
Number of pages: 47 Posted: 12 Dec 2018
Anil K. Kashyap, Natalia Kovrijnykh, Jian Li and Anna Pavlova
University of Chicago, Booth School of Business, Arizona State University (ASU) - Economics Department, University of Chicago and London Business School
Downloads 90 (336,188)
Citation 4

Abstract:

Loading...

The Benchmark Inclusion Subsidy

Number of pages: 59 Posted: 19 Dec 2018 Last Revised: 23 Dec 2020
Anil K. Kashyap, Natalia Kovrijnykh, Jian Li and Anna Pavlova
University of Chicago, Booth School of Business, Arizona State University (ASU) - Economics Department, University of Chicago and London Business School
Downloads 55 (442,435)

Abstract:

Loading...

Project Valuation, Investment, Mergers, Asset Management, Benchmark

The Benchmark Inclusion Subsidy

NBER Working Paper No. w25337
Number of pages: 60 Posted: 11 Dec 2018 Last Revised: 26 Mar 2021
Anil K. Kashyap, Natalia Kovrijnykh, Jian Li and Anna Pavlova
University of Chicago, Booth School of Business, Arizona State University (ASU) - Economics Department, University of Chicago and London Business School
Downloads 9 (714,680)

Abstract:

Loading...

The Benchmark Inclusion Subsidy

CEPR Discussion Paper No. DP13356
Number of pages: 48 Posted: 11 Dec 2018
Anil K. Kashyap, Natalia Kovrijnykh, Jian Li and Anna Pavlova
University of Chicago, Booth School of Business, Arizona State University (ASU) - Economics Department, University of Chicago and London Business School
Downloads 0
  • Add to Cart

Abstract:

Loading...

asset management, Benchmark, Index, investment, mergers, Project Valuation

28.

Monetary Policy and Bank Lending

NBER Working Paper No. w4317
Number of pages: 66 Posted: 19 Jun 2004
Anil K. Kashyap and Jeremy C. Stein
University of Chicago, Booth School of Business and Harvard University - Department of Economics
Downloads 144 (238,632)
Citation 11

Abstract:

Loading...

29.

Internal Finance and Firm Investment

NBER Working Paper No. w4392
Number of pages: 38 Posted: 31 May 2004 Last Revised: 19 Jul 2010
R. Glenn Hubbard, Anil K. Kashyap and Toni M. Whited
Columbia Business School - Finance and Economics, University of Chicago, Booth School of Business and University of Michigan, Stephen M. Ross School of Business
Downloads 142 (241,415)
Citation 2

Abstract:

Loading...

30.

The Impact of Monetary Policy on Bank Balance Sheets

NBER Working Paper No. w4821
Number of pages: 63 Posted: 01 Sep 2000 Last Revised: 06 Mar 2021
Anil K. Kashyap and Jeremy C. Stein
University of Chicago, Booth School of Business and Harvard University - Department of Economics
Downloads 123 (269,765)
Citation 31

Abstract:

Loading...

Investment Spikes: New Facts and a General Equilibrium Exploration

Chicago GSB Research Paper No. 7
Number of pages: 48 Posted: 08 Aug 2008
Francois Gourio and Anil K. Kashyap
Federal Reserve Bank of Chicago and University of Chicago, Booth School of Business
Downloads 76 (372,619)
Citation 6

Abstract:

Loading...

adjustment costs, investment, investment tax credit, fixed costs, extensive margin

Investment Spikes: New Facts and a General Equilibrium Exploration

NBER Working Paper No. w13157
Number of pages: 47 Posted: 27 Jun 2007 Last Revised: 09 Jul 2007
Francois Gourio and Anil K. Kashyap
Federal Reserve Bank of Chicago and University of Chicago, Booth School of Business
Downloads 35 (532,292)
Citation 3

Abstract:

Loading...

Is There Too Much Benchmarking in Asset Management?

Number of pages: 62 Posted: 28 Apr 2020 Last Revised: 03 Apr 2021
Anil K. Kashyap, Natalia Kovrijnykh, Jian Li and Anna Pavlova
University of Chicago, Booth School of Business, Arizona State University (ASU) - Economics Department, University of Chicago and London Business School
Downloads 105 (307,610)
Citation 1

Abstract:

Loading...

Incentive Contracts, Moral Hazard, Relative Performance, Externality, Asset Management, Benchmark, Index, Welfare, ESG Investing

Is There Too Much Benchmarking in Asset Management?

NBER Working Paper No. w28020
Number of pages: 56 Posted: 02 Nov 2020
Anil K. Kashyap, Natalia Kovrijnykh, Jian Li and Anna Pavlova
University of Chicago, Booth School of Business, Arizona State University (ASU) - Economics Department, University of Chicago and London Business School
Downloads 1 (790,433)
  • Add to Cart

Abstract:

Loading...

33.

Sorting Out Japan's Financial Crisis

NBER Working Paper No. w9384
Number of pages: 1 Posted: 14 Dec 2002 Last Revised: 31 Oct 2010
Anil K. Kashyap
University of Chicago, Booth School of Business
Downloads 95 (322,202)

Abstract:

Loading...

34.

Bank Monitoring and Investment: Evidence from the Changing Structure of Japanese Corporate Banking Relationships

NBER Working Paper No. w3079
Number of pages: 43 Posted: 27 Apr 2000 Last Revised: 05 Jan 2002
Takeo Hoshi, Anil K. Kashyap and David S. Scharfstein
University of California at San Diego, University of Chicago, Booth School of Business and Harvard Business School - Finance Unit
Downloads 88 (338,121)
Citation 2

Abstract:

Loading...

35.

Interest Rate Spreads, Credit Constraints, and Investment Fluctuations: An Empirical Investigation

NBER Working Paper No. w3495
Number of pages: 41 Posted: 14 Jan 2001 Last Revised: 22 Jul 2010
Mark Gertler, R. Glenn Hubbard and Anil K. Kashyap
New York University - Leonard N. Stern School of Business - Department of Economics, Columbia Business School - Finance and Economics and University of Chicago, Booth School of Business
Downloads 73 (377,207)

Abstract:

Loading...

36.
Downloads 71 (383,017)
Citation 3

The Tradeoffs in Leaning Against the Wind

FRB of Chicago Working Paper No. WP-2017-21
Number of pages: 52 Posted: 10 Nov 2017
Francois Gourio, Anil K. Kashyap and Jae Sim
Federal Reserve Bank of Chicago, University of Chicago, Booth School of Business and Board of Governors of the Federal Reserve System
Downloads 60 (423,877)

Abstract:

Loading...

Credit risk, financial crisis, monetary policy

The Tradeoffs in Leaning Against the Wind

NBER Working Paper No. w23658
Number of pages: 45 Posted: 11 Aug 2017
Francois Gourio, Anil K. Kashyap and Jae Sim
Federal Reserve Bank of Chicago, University of Chicago, Booth School of Business and Board of Governors of the Federal Reserve System
Downloads 11 (698,636)

Abstract:

Loading...

37.

The Role of Banks in Reducing the Costs of Financial Distress in Japan

NBER Working Paper No. w3435
Number of pages: 41 Posted: 07 Jan 2008
Takeo Hoshi, Anil K. Kashyap and David S. Scharfstein
University of California at San Diego, University of Chicago, Booth School of Business and Harvard Business School - Finance Unit
Downloads 71 (383,017)
Citation 11

Abstract:

Loading...

38.

What Do a Million Banks Have to Say About the Transmission of Monetary Policy?

NBER Working Paper No. w6056
Number of pages: 68 Posted: 10 Jun 2000 Last Revised: 05 Oct 2010
Anil K. Kashyap and Jeremy C. Stein
University of Chicago, Booth School of Business and Harvard University - Department of Economics
Downloads 71 (383,017)
Citation 11

Abstract:

Loading...

39.

Credit Conditions and the Cyclical Behavior of Inventories: A Case Studyof the 1981-82 Recession

NBER Working Paper No. w4211
Number of pages: 46 Posted: 24 Jan 2007 Last Revised: 19 Jul 2010
Anil K. Kashyap, Owen A. Lamont and Jeremy C. Stein
University of Chicago, Booth School of Business, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 60 (417,920)
Citation 23

Abstract:

Loading...

40.

Would Macroprudential Regulation Have Prevented the Last Crisis?

Bank of England Working Paper No. 747
Number of pages: 53 Posted: 07 Aug 2018
Bank of England - Monetary Assessment and Strategy Division, Bank of England, University of Chicago, Booth School of Business and Bank of England
Downloads 53 (442,869)
Citation 18

Abstract:

Loading...

Financial crises, macroprudential policy, leverage, short-term wholesale funding, credit crunch, household debt, aggregate demand externality, countercyclical capital buffer, loan to value ratio, loan to income ratio.

41.

A New Metric for Banking Integration in Europe

NBER Working Paper No. w14735
Number of pages: 34 Posted: 21 Feb 2009 Last Revised: 07 Apr 2021
Reint Gropp and Anil K. Kashyap
Halle Institute for Economic Research and University of Chicago, Booth School of Business
Downloads 43 (483,176)

Abstract:

Loading...

42.

Monetary Transmission in the Euro Area: Does the Interest Rate Channel Explain it All?

NBER Working Paper No. w9984
Number of pages: 41 Posted: 21 Sep 2003
Italian Finance Ministry - International Financial Relations, University of Chicago, Booth School of Business, Banque de France and Bank of Italy
Downloads 43 (483,176)
Citation 1

Abstract:

Loading...

43.

Liquidity Requirements, Liquidity Choice and Financial Stability

NBER Working Paper No. w22053
Number of pages: 45 Posted: 07 Mar 2016
Douglas W. Diamond and Anil K. Kashyap
University of Chicago - Booth School of Business and University of Chicago, Booth School of Business
Downloads 32 (535,466)
Citation 9

Abstract:

Loading...

44.

Internal Net Worth and the Investment Process: an Application to U.S. Agriculture

NBER Working Paper No. w3339
Number of pages: 48 Posted: 02 Jul 2007 Last Revised: 15 Feb 2021
R. Glenn Hubbard and Anil K. Kashyap
Columbia Business School - Finance and Economics and University of Chicago, Booth School of Business
Downloads 29 (551,725)
Citation 1

Abstract:

Loading...

45.

Stability First: Reflections Inspired by Otmar Issing's Success as the Ecb's Chief Economist

NBER Working Paper No. w12277
Number of pages: 37 Posted: 20 Jul 2006 Last Revised: 20 Jul 2010
Vitor Gaspar and Anil K. Kashyap
European Commission and University of Chicago, Booth School of Business
Downloads 25 (575,883)

Abstract:

Loading...

46.

Do Firms Smooth the Seasonal in Production in a Boom? Theory and Evidence

NBER Working Paper No. w5011
Number of pages: 30 Posted: 11 Aug 2000 Last Revised: 13 Mar 2021
Stephen G. Cecchetti, Anil K. Kashyap and David W. Wilcox
Brandeis International Business School, University of Chicago, Booth School of Business and Board of Governors of the Federal Reserve System
Downloads 25 (575,883)

Abstract:

Loading...

47.

International Cycles

NBER Working Paper No. w5310
Number of pages: 43 Posted: 15 Sep 2000 Last Revised: 04 Jan 2021
Stephen G. Cecchetti and Anil K. Kashyap
Brandeis International Business School and University of Chicago, Booth School of Business
Downloads 24 (582,221)

Abstract:

Loading...

48.

Sticky Prices: New Evidence from Retail Catalogs

NBER Working Paper No. w4855
Number of pages: 40 Posted: 11 Apr 2011 Last Revised: 09 Apr 2021
Anil K. Kashyap
University of Chicago, Booth School of Business
Downloads 20 (608,549)
Citation 5

Abstract:

Loading...

49.

Best Prices: Price Discrimination and Consumer Substitution

NBER Working Paper No. w20768
Number of pages: 70 Posted: 22 Dec 2014
Judith A. Chevalier and Anil K. Kashyap
Yale School of Management and University of Chicago, Booth School of Business
Downloads 14 (650,060)
Citation 7

Abstract:

Loading...

50.

The Squam Lake Report: Fixing the Financial System

Journal of Applied Corporate Finance, Vol. 22, Issue 3, pp. 8-21, Summer 2010
Number of pages: 16 Posted: 04 Oct 2010
Dartmouth College - Tuck School of Business, Institute for International Economics, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, University of Chicago - Booth School of Business, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Bank for International Settlements (BIS), Dartmouth College - Tuck School of Business, Harvard University - Department of Economics and Ohio State University (OSU) - Department of Finance
Downloads 7 (701,537)
Citation 4
  • Add to Cart

Abstract:

Loading...

51.

Some Principles for Regulating Cyber Risk

CEPR Discussion Paper No. DP13324
Number of pages: 14 Posted: 19 Nov 2018
Anil K. Kashyap and Anne Wetherilt
University of Chicago, Booth School of Business and Bank of England
Downloads 4 (724,495)
Citation 8
  • Add to Cart

Abstract:

Loading...

cyber risk, macroprudential regulation, stress test

52.

Deflating Inflation Expectations: The Implications of Inflation's Simple Dynamics

CEPR Discussion Paper No. DP11925
Number of pages: 56 Posted: 27 Mar 2017
Brandeis International Business School, J.P. Morgan Chase & Co., Deutsche Bank Securities, Inc. - Global Markets Research, Economy, University of Chicago, Booth School of Business and New York University (NYU) - Leonard N. Stern School of Business
Downloads 4 (724,495)
Citation 3
  • Add to Cart

Abstract:

Loading...

Federal Open Market Committee, FOMC, inflation dynamics, Inflation expectations, inflation target, inflation trend, monetary policy, Philip Curve, price stability, US Monetary Policy Forum

53.

Monetary Policy in the Next Recession?

CEPR Discussion Paper No. DP15365
Number of pages: 48 Posted: 03 Nov 2020
Brandeis International Business School, J.P. Morgan Chase & Co., University of Chicago, Booth School of Business, Brandeis University and New York University (NYU) - Leonard N. Stern School of Business
Downloads 1 (755,167)
  • Add to Cart

Abstract:

Loading...

financial conditions, Financial conditions index, forward guidance, maturity extension, monetary policy, Negative Interest Rates, Quantitative easing, Stabilization Policy, Unconventional Monetary Policy

54.

The Great Disconnect: The Decoupling of Wage and Price Inflation in Japan

NBER Working Paper No. w27332
Number of pages: 39 Posted: 09 Jun 2020
Takeo Hoshi and Anil K. Kashyap
University of Tokyo and University of Chicago, Booth School of Business
Downloads 1 (755,167)
  • Add to Cart

Abstract:

Loading...

55.

The Trade Offs in Leaning Against the Wind

IMF Economic Review, Vol. 66, Issue 1, 2018
Number of pages: 46 Posted: 24 Apr 2018
Francois Gourio, Jae Sim and Anil K. Kashyap
Federal Reserve Bank of Chicago, Board of Governors of the Federal Reserve System and University of Chicago, Booth School of Business
Downloads 1 (755,167)
Citation 9
  • Add to Cart

Abstract:

Loading...

56.

Aligning Incentives at Systemically Important Financial Institutions: A Proposal by the Squam Lake Group

Journal of Applied Corporate Finance, Vol. 25, Issue 4, pp. 37-40, 2013
Number of pages: 6 Posted: 23 Dec 2013
Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Dartmouth College - Tuck School of Business, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Dartmouth College - Tuck School of Business, Bank for International Settlements (BIS) and Ohio State University (OSU) - Department of Finance
Downloads 0 (773,300)
Citation 1
  • Add to Cart

Abstract:

Loading...

57.

Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit-Taking

Posted: 15 Nov 2003
Anil K. Kashyap, Raghuram G. Rajan and Jeremy C. Stein
University of Chicago, Booth School of Business, University of Chicago - Booth School of Business and Harvard University - Department of Economics

Abstract:

Loading...

58.

Interactions between the Seasonal and Business Cycles in Production and Inventories

The American Economic Review, December 1997
Posted: 27 Jul 1998
Stephen G. Cecchetti, Anil K. Kashyap and David W. Wilcox
Brandeis International Business School, University of Chicago, Booth School of Business and Board of Governors of the Federal Reserve System

Abstract:

Loading...