create a website

A model of managerial compensation, firm leverage and credit stimulus. (2024). Gete, Pedro ; Dahiya, Sandeep ; Chakraborti, Rajdeep.
In: Journal of Financial Stability.
RePEc:eee:finsta:v:72:y:2024:i:c:s1572308924000330.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 49

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Agarwal, S. ; Chomsisengphet, S. ; Mahoney, N. ; Stroebel, J. Do banks pass through credit expansions to consumers who want to borrow?. 2018 Q. J. Econ.. 133 129-190

  2. Bebchuk, L.A. ; Goldstein, I. Self-fulfilling credit market freezes. 2011 Rev. Financ. Stud.. 24 3519-3555

  3. Berger, P.G. ; Ofek, E. ; Yermack, D.L. Managerial entrenchment and capital structure decisions. 1997 J. Finance. 52 1411-1438

  4. Bernanke, B.S. ; Gertler, M. ; Gilchrist, S. The financial accelerator in a quantitative business cycle framework. 1999 Handb. Macroecon.. 1 1341-1393

  5. Bolton, P. ; Mehran, H. ; Shapiro, J. Executive compensation and risk taking. 2015 Rev. Finance. 19 2139-2181

  6. Bryan, S. ; Hwang, L. ; Lilien, S. CEO stock-based compensation: An empirical analysis of incentive-intensity, relative mix, and economic determinants. 2000 J. Bus.. 73 661-693

  7. Carlson, M. ; Lazrak, A. Leverage choice and credit spreads when managers risk shift. 2010 J. Finance. 65 2323-2362

  8. Chaigneau, P. Risk-shifting and the regulation of bank CEOs’ compensation. 2013 J. Financ. Stab.. 9 778-789
    Paper not yet in RePEc: Add citation now
  9. Chakraborti, R. ; Dahiya, S. ; Ge, L. ; Gete, P. Credit stimulus, executive ownership, and firm leverage. 2022 Manage. Sci.. 68 7682-7700

  10. Cheng, I.-H. ; Hong, H. ; Scheinkman, J.A. Yesterday’s heroes: Compensation and risk at financial firms. 2015 J. Finance. 70 839-879

  11. Coles, J.L. ; Daniel, N.D. ; Naveen, L. Managerial incentives and risk-taking. 2006 J. Financ. Econ.. 79 431-468

  12. Conyon, M.J. ; Murphy, K.J. The prince and the pauper? CEO pay in the United States and United Kingdom. 2000 Econ. J.. 110 640-671

  13. Core, J.E. ; Guay, W.R. The other side of the trade-off: The impact of risk on executive compensation: A revised comment. 2002 :
    Paper not yet in RePEc: Add citation now
  14. Coughlan, A.T. ; Schmidt, R.M. Executive compensation, management turnover, and firm performance: An empirical investigation. 1985 J. Account. Econ.. 7 43-66

  15. Dee, C.C. ; Lulseged, A. ; Nowlin, T.S. Executive compensation and risk: The case of internet firms. 2005 J. Corp. Finance. 12 80-96

  16. Deng, Y. ; Morck, R. ; Wu, J. ; Yeung, B. China’s pseudo-monetary policy. 2015 Rev. Finance. 19 55-93
    Paper not yet in RePEc: Add citation now
  17. Dittmann, I. ; Maug, E. ; Spalt, O. Sticks or carrots? Optimal CEO compensation when managers are loss averse. 2010 J. Finance. 65 2015-2050

  18. Dittmann, I. ; Yu, K.-C. ; Zhang, D. How important are risk-taking incentives in executive compensation?. 2017 Rev. Finance. 21 1805-1846

  19. Edmans, A. ; Gabaix, X. Executive compensation: A modern primer. 2016 J. Econ. Lit.. 54 1232-1287

  20. Finkelstein, S. ; Hambrick, D.C. Top-management-team tenure and organizational outcomes: The moderating role of managerial discretion. 1990 Adm. Sci. Q.. 484-503
    Paper not yet in RePEc: Add citation now
  21. Fredrickson, J.W. ; Hambrick, D.C. ; Baumrin, S. A model of CEO dismissal. 1988 Acad. Manag. Rev.. 13 255-270
    Paper not yet in RePEc: Add citation now
  22. Gambacorta, L. ; Shin, H.S. Why bank capital matters for monetary policy. 2016 J. Financ. Intermediation. -

  23. Gayle, G.-L. ; Golan, L. ; Miller, R.A. Promotion, turnover, and compensation in the executive labor market. 2015 Econometrica. 83 2293-2369

  24. Gete, P. ; Gómez, J.-P. Dealing with overleverage: Restricting leverage vs. restricting variable compensation. 2017 Q. J. Finance. -

  25. Gete, P. ; Melkadze, G. A quantitative model of international lending of last resort. 2018 :
    Paper not yet in RePEc: Add citation now
  26. Gilchrist, S. ; Sim, J.W. ; Zakrajšek, E. Uncertainty, Financial Frictions, and Investment Dynamics. 2014 National Bureau of Economic Research:

  27. Golan, L. ; Parlour, C.A. ; Rajan, U. Competition, managerial slack, and corporate governance. 2015 Rev. Corp. Finance Stud.. 4 43-68

  28. Gorry, A. ; Hassett, K.A. ; Hubbard, R.G. ; Mathur, A. The response of deferred executive compensation to changes in tax rates. 2017 J. Public Econ.. 151 28-40

  29. Grossman, S.J. ; Hart, O.D. An analysis of the principal-agent problem. 1992 En : Foundations of Insurance Economics. Springer:
    Paper not yet in RePEc: Add citation now
  30. Hall, B.J. ; Murphy, K.J. Optimal exercise prices for executive stock options. 2000 Am. Econ. Rev.. 90 209-

  31. He, Z. A model of dynamic compensation and capital structure. 2011 J. Financ. Econ.. 100 351-366

  32. Herman, E.S. . 1981 Cambridge University Press: New York
    Paper not yet in RePEc: Add citation now
  33. Hill, C.W. ; Phan, P. CEO tenure as a determinant of CEO pay. 1991 Acad. Manag. J.. 34 707-717
    Paper not yet in RePEc: Add citation now
  34. Ittner, C.D. ; Larcker, D.F. Assessing empirical research in managerial accounting: A value-based management perspective. 2001 J. Account. Econ.. 32 349-410

  35. Jaggia, P.B. ; Thakor, A.V. Firm-specific human capital and optimal capital structure. 1994 Internat. Econom. Rev.. 35 283-308

  36. Jeske, K. ; Krueger, D. ; Mitman, K. Housing, mortgage bailout guarantees and the macro economy. 2013 J. Monetary Econ.. 60 917-935

  37. Jin, L. CEO compensation, diversification, and incentives. 2002 J. Financ. Econ.. 66 29-63
    Paper not yet in RePEc: Add citation now
  38. John, T.A. ; John, K. Top-management compensation and capital structure. 1993 J. Finance. 48 949-974

  39. Kolm, J. ; Laux, C. ; Loranth, G. Regulating bank CEO compensation and active boards. 2016 Rev. Finance. -

  40. Lewellen, K. Financing decisions when managers are risk averse. 2006 J. Financ. Econ.. 82 551-589

  41. Lewellen, W. ; Loderer, C. ; Martin, K. Executive compensation and executive incentive problems: An empirical analysis. 1987 J. Account. Econ.. 9 287-310

  42. Mehran, H. Executive incentive plans, corporate control, and capital structure. 1992 J. Financ. Quant. Anal.. 27 539-560

  43. Miller, J.S. ; Wiseman, R.M. ; Gomez-Mejia, L.R. The fit between CEO compensation design and firm risk. 2002 Acad. Manag. J.. 45 745-756
    Paper not yet in RePEc: Add citation now
  44. Panousi, V. ; Papanikolaou, D. Investment, idiosyncratic risk, and ownership. 2012 J. Finance. 67 1113-1148

  45. Prendergast, C. What trade-off of risk and incentives?. 2000 Amer. Econ. Rev.. 90 421-425

  46. Singh, H. ; Harianto, F. Management-board relationships, takeover risk, and the adoption of golden parachutes. 1989 Acad. Manag. J.. 32 7-24
    Paper not yet in RePEc: Add citation now
  47. Srivastav, A. ; Armitage, S. ; Hagendorff, J. ; King, T. Better safe than sorry? CEO inside debt and risk-taking in bank acquisitions. 2018 J. Financ. Stab.. 36 208-224

  48. Stock, J.H. ; Watson, M.W. Disentangling the Channels of the 2007–2009 Recession. 2012 National Bureau of Economic Research:
    Paper not yet in RePEc: Add citation now
  49. Vance, S.C. Corporate Leadership: Boards, Directors, and Strategy. 1983 McGraw-Hill: New York
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Buy Now, Pay Later (BNPL)...On Your Credit Card. (2023). Guttman-Kenney, Benedict ; Gathergood, John ; Firth, Christopher.
    In: Papers.
    RePEc:arx:papers:2201.01758.

    Full description at Econpapers || Download paper

  2. Unintended side effects of unconventional monetary policy. (2022). Kick, Thomas ; Haselmann, Rainer ; Berg, Tobias ; Schreiber, Sebastian.
    In: LawFin Working Paper Series.
    RePEc:zbw:lawfin:27.

    Full description at Econpapers || Download paper

  3. Los efectos del crédito bancario otorgado a la industria y al consumo en el crecimiento económico: evidencia de México, 1994-2017. (2022). Cisneros, David Salvador.
    In: Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance).
    RePEc:imx:journl:v:17:y:2022:i:2:a:8.

    Full description at Econpapers || Download paper

  4. Voluntary minimum repayments and borrower heterogeneity: Evidence from revolving consumer credit. (2022). Lukas, Moritz ; Noth, Markus.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:135:y:2022:i:c:s0378426621003071.

    Full description at Econpapers || Download paper

  5. Principles for Combining Descriptive and Model-Based Analysis in Applied Microeconomics Research. (2022). Mahoney, Neale.
    In: Journal of Economic Perspectives.
    RePEc:aea:jecper:v:36:y:2022:i:3:p:211-22.

    Full description at Econpapers || Download paper

  6. Monetary and Macroprudential Policy Complementarities: Evidence from European Credit Registers. (2021). Peydro, Jose-Luis ; Laeven, Luc ; Altavilla, Carlo.
    In: EconStor Preprints.
    RePEc:zbw:esprep:232034.

    Full description at Econpapers || Download paper

  7. Response of Consumer Debt to Income Shocks: The Case of Energy Booms and Busts. (2021). Brown, Jason.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:53:y:2021:i:7:p:1629-1675.

    Full description at Econpapers || Download paper

  8. Monetary and macroprudential policy complementarities: Evidence from European credit registers. (2021). Peydro, Jose-Luis ; Laeven, Luc ; Altavilla, Carlo.
    In: Economics Working Papers.
    RePEc:upf:upfgen:1773.

    Full description at Econpapers || Download paper

  9. Bank Revolving Credit as a Channel of Monetary Policy. (2021). Zia, Mujtaba ; Logan, Jennifer.
    In: The Review of Finance and Banking.
    RePEc:rfb:journl:v:13:y:2021:i:2:p:147-160.

    Full description at Econpapers || Download paper

  10. Monetary Normalizations and Consumer Credit: Evidence from Fed Liftoff and Online Lending. (2021). Hull, Isaiah ; Bertsch, Christoph ; Zhang, Xin.
    In: International Journal of Central Banking.
    RePEc:ijc:ijcjou:y:2021:q:5:a:7.

    Full description at Econpapers || Download paper

  11. Decomposing Gender Differences in Bankcard Credit Limits. (2021). Blascak, Nathan ; Tranfaglia, Anna.
    In: Working Papers.
    RePEc:fip:fedpwp:93319.

    Full description at Econpapers || Download paper

  12. A Tale of Two Bailouts: Effects of TARP and PPP on Subprime Consumer Debt. (2021). Roman, Raluca ; Epouhe, Onesime ; Berger, Allen N.
    In: Working Papers.
    RePEc:fip:fedpwp:93065.

    Full description at Econpapers || Download paper

  13. Piercing Through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses During Normal Times and the COVID-19 Crisis. (2021). Wang, Teng ; Udell, Gregory ; Roman, Raluca ; Norden, Lars ; Berger, Allen N.
    In: Working Papers.
    RePEc:fip:fedpwp:92107.

    Full description at Econpapers || Download paper

  14. Decomposing Gender Differences in Bankcard Credit Limits. (2021). Blascak, Nathan ; Tranfaglia, Anna.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2021-72.

    Full description at Econpapers || Download paper

  15. The COVID-19 Shock and Consumer Credit: Evidence from Credit Card Data. (2021). Wix, Carlo ; Kay, Benjamin S.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2021-08.

    Full description at Econpapers || Download paper

  16. Liquidity from two lending facilities. (2021). Anbil, Sriya ; Vossmeyer, Angela.
    In: Journal of Financial Intermediation.
    RePEc:eee:jfinin:v:48:y:2021:i:c:s1042957320300383.

    Full description at Econpapers || Download paper

  17. Watering a lemon tree: Heterogeneous risk taking and monetary policy transmission. (2021). Eisenbach, Thomas ; Choi, Dong Beom ; Yorulmazer, Tanju.
    In: Journal of Financial Intermediation.
    RePEc:eee:jfinin:v:47:y:2021:i:c:s1042957320300279.

    Full description at Econpapers || Download paper

  18. Targeted monetary policy and bank lending behavior. (2021). Fantino, Davide ; Benetton, Matteo.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:142:y:2021:i:1:p:404-429.

    Full description at Econpapers || Download paper

  19. Debt relief and slow recovery: A decade after Lehman. (2021). Seru, Amit ; Piskorski, Tomasz.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:141:y:2021:i:3:p:1036-1059.

    Full description at Econpapers || Download paper

  20. Politicizing consumer credit. (2021). Lewellen, Stefan ; Heimer, Rawley Z ; Akey, Pat.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:139:y:2021:i:2:p:627-655.

    Full description at Econpapers || Download paper

  21. Sticking to your plan: The role of present bias for credit card paydown. (2021). Kuchler, Theresa ; Pagel, Michaela.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:139:y:2021:i:2:p:359-388.

    Full description at Econpapers || Download paper

  22. The use of credit cards among low- and middle-income individuals in Colombia and the channels of monetary policy. (2021). Cardona-Sosa, Lina ; Arango Thomas, Luis ; Pedraza-Jimenez, Nataly.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:94:y:2021:i:c:p:150-169.

    Full description at Econpapers || Download paper

  23. Monetary and Macroprudential Policy Complementarities: Evidence from European Credit Registers. (2021). Peydro, Jose-Luis ; Laeven, Luc ; Altavilla, Carlo.
    In: Working Papers.
    RePEc:bge:wpaper:1246.

    Full description at Econpapers || Download paper

  24. Forward looking loan provisions: Credit supply and risk-taking. (2020). Sarmiento, Miguel ; Peydro, Jose-Luis ; Roa, Monica ; Ormazabal, Gaizka ; Morais, Bernardo.
    In: EconStor Preprints.
    RePEc:zbw:esprep:223234.

    Full description at Econpapers || Download paper

  25. Forward looking loan provisions: Credit supply and risk-taking. (2020). Sarmiento, Miguel ; Peydro, Jose-Luis ; Roa, Monica ; Ormazabal, Gaizka ; Morais, Bernardo.
    In: Economics Working Papers.
    RePEc:upf:upfgen:1737.

    Full description at Econpapers || Download paper

  26. Forward Looking Loan Provisions : Credit Supply and Risk-Taking. (2020). Sarmiento, Miguel ; Peydro, Jose-Luis ; Roa, Monica ; Paipilla, Miguel Sarmiento ; Ormazabal, Gaizka ; Morais, Bernardo.
    In: Other publications TiSEM.
    RePEc:tiu:tiutis:fe99a48f-f94a-41d8-bf3f-3ee92149eaaa.

    Full description at Econpapers || Download paper

  27. Forward Looking Loan Provisions : Credit Supply and Risk-Taking. (2020). Sarmiento, Miguel ; Peydro, Jose-Luis ; Roa, Monica ; Paipilla, Miguel Sarmiento ; Ormazabal, Gaizka ; Morais, Bernardo.
    In: Other publications TiSEM.
    RePEc:tiu:tiutis:103b659e-404f-4656-adad-68cdee97c84c.

    Full description at Econpapers || Download paper

  28. Forward Looking Loan Provisions : Credit Supply and Risk-Taking. (2020). Sarmiento, Miguel ; Peydro, Jose-Luis ; Roa, Monica ; Paipilla, Miguel Sarmiento ; Ormazabal, Gaizka ; Morais, Bernardo.
    In: Discussion Paper.
    RePEc:tiu:tiucen:fe99a48f-f94a-41d8-bf3f-3ee92149eaaa.

    Full description at Econpapers || Download paper

  29. Searching for Approval. (2020). yao, vincent ; Seru, Amit ; Hortacsu, Ali ; Agarwal, Sumit ; Grigsby, John ; Matvos, Gregor ; Hortasu, Ali.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:27341.

    Full description at Econpapers || Download paper

  30. Transparency in Structural Research. (2020). Shapiro, Jesse ; Gentzkow, Matthew ; Andrews, Isaiah.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:26631.

    Full description at Econpapers || Download paper

  31. Did Negative Interest Rates Improve Bank Lending?. (2020). Thornton, John ; Reghezza, Alessio ; Molyneux, Philip ; Xie, RU.
    In: Journal of Financial Services Research.
    RePEc:kap:jfsres:v:57:y:2020:i:1:d:10.1007_s10693-019-00322-8.

    Full description at Econpapers || Download paper

  32. Monetary stimulus and bank lending. (2020). Chakraborty, Indraneel ; Goldstein, Itay ; MacKinlay, Andrew.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:136:y:2020:i:1:p:189-218.

    Full description at Econpapers || Download paper

  33. No Job, No Money, No Refi: Frictions to Refinancing in a Recession. (2020). DeFusco, Anthony ; Mondragon, John.
    In: Journal of Finance.
    RePEc:bla:jfinan:v:75:y:2020:i:5:p:2327-2376.

    Full description at Econpapers || Download paper

  34. Regression Discontinuity Design with Multivalued Treatments. (2020). Escanciano, Juan Carlos ; Caetano, Carolina.
    In: Papers.
    RePEc:arx:papers:2007.00185.

    Full description at Econpapers || Download paper

  35. Equilibrium Effects of Asymmetric Information on Consumer Credit Markets. (2019). Zimmerman, Seth ; Neilson, Christopher ; Liberman, Andres ; Opazo, Luis.
    In: Working Papers.
    RePEc:pri:econom:2019-7.

    Full description at Econpapers || Download paper

  36. Mentally Spent: Credit Conditions and Mental Health. (2019). Lin, Chen ; Levine, Ross ; Hu, Qing ; Tai, Mingzhu.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:25584.

    Full description at Econpapers || Download paper

  37. The effects of changes in local-bank health on household consumption. (2019). Peek, Joe ; Cooper, Daniel.
    In: Working Papers.
    RePEc:fip:fedbwp:18-5.

    Full description at Econpapers || Download paper

  38. Regression Discontinuity Designs with a Continuous Treatment. (2019). Dong, Yingying ; Lee, Ying-Ying ; Gou, Michael.
    In: Discussion papers.
    RePEc:eti:dpaper:19058.

    Full description at Econpapers || Download paper

  39. Financial outreach and household financial constraint. (2019). Li, Zhisheng ; Bai, Yiyi ; Liu, Huan.
    In: Accounting and Finance.
    RePEc:bla:acctfi:v:58:y:2019:i:5:p:1503-1523.

    Full description at Econpapers || Download paper

  40. Debt Relief and Slow Recovery: A Decade after Lehman. (2018). Seru, Amit ; Piskorski, Tomasz.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:25403.

    Full description at Econpapers || Download paper

  41. Do Household Finances Constrain Unconventional Fiscal Policy?. (2018). Melzer, Brian ; McGranahan, Leslie ; Kueng, Lorenz ; Baker, Scott.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:25212.

    Full description at Econpapers || Download paper

  42. The Equilibrium Effects of Information Deletion: Evidence from Consumer Credit Markets. (2018). Zimmerman, Seth ; Opazo, Luis ; Neilson, Christopher ; Liberman, Andres.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:25097.

    Full description at Econpapers || Download paper

  43. Do Household Finances Constrain Unconventional Fiscal Policy?. (2018). Baker, Scott R ; Kueng, Lorenz ; McGranahan, Leslie ; Melzer, Brian T.
    In: NBER Chapters.
    RePEc:nbr:nberch:14184.

    Full description at Econpapers || Download paper

  44. Do Household Finances Constrain Unconventional Fiscal Policy?. (2018). Melzer, Brian ; McGranahan, Leslie ; Kueng, Lorenz ; Baker, Scott.
    In: Working Paper Series.
    RePEc:fip:fedhwp:wp-2018-16.

    Full description at Econpapers || Download paper

  45. Hard vs. soft financial constraints: Implications for the effects of a credit crunch. (2018). Alonso, Cristian.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:58:y:2018:i:c:p:198-223.

    Full description at Econpapers || Download paper

  46. Life below zero: bank lending under negative policy rates. (2018). Schepens, Glenn ; Heider, Florian ; Saidi, Farzad.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20182173.

    Full description at Econpapers || Download paper

  47. Life below zero: Bank lending under negative policy rates. (2018). Schepens, Glenn ; Heider, Florian ; Saidi, Farzad.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:13191.

    Full description at Econpapers || Download paper

  48. Mortgage Market Design: Lessons from the Great Recession. (2018). Piskorski, Tomasz ; Seru, Amit.
    In: Brookings Papers on Economic Activity.
    RePEc:bin:bpeajo:v:49:y:2019:i:2018-01:p:429-513.

    Full description at Econpapers || Download paper

  49. Mortgage Market Design: Lessons from the Great Recession. (2018). Seru, Amit ; Piskorski, Tomasz.
    In: Brookings Papers on Economic Activity.
    RePEc:bin:bpeajo:v:49:y:2018:i:2018-01:p:429-513.

    Full description at Econpapers || Download paper

  50. Competition and the pass-through of unconventional monetary policy: evidence from TLTROs. (2018). Fantino, Davide ; Benetton, Matteo.
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_1187_18.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-23 22:11:56 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.