Acharya, V.V. ; Gujral, I. ; Kulkarni, N. ; Shin, H.S. Dividends and bank capital in the financial crisis of 2007-2009. 2011 National Bureau of Economic Research:
Baldursson, F.M. ; Portes, R. Gambling for resurrection in Iceland: the rise and fall of the banks. 2013 :
- Becker, B. How the insurance industry's asset portfolio responds to regulation. 2016 En : Hufeld, F. ; Koijen, R.S. ; Thimann, C. The Economics, Regulation, and Systemic Risk of Insurance Markets. Oxford University Press:
Paper not yet in RePEc: Add citation now
Becker, B. ; Ivashina, V. Reaching for yield in the bond market. 2015 J. Finance. 70 1863-1902
Becker, B. ; Opp, M. ; Saidi, F. Regulatory forbearance in the u.s. insurance industry: the effects of eliminating capital requirements. 2022 Rev. Financ. Stud.. 35 5438-5482
Begenau, J. ; Piazzesi, M. ; Schneider, M. Banks' risk exposures. 2015 National Bureau of Economic Research:
- Ben-David, I. ; Palvia, A.A. ; Stulz, R.M. Do distressed banks really gamble for resurrection?. 2020 European Corporate Governance Institute:
Paper not yet in RePEc: Add citation now
- Berends, K. ; McMenamin, R. ; Plestis, T. ; Rosen, R.J. The sensitivity of life insurance firms to interest rate changes. 2013 Econ. Perspect.. 37 -
Paper not yet in RePEc: Add citation now
Bidder, R.M. ; Krainer, J.R. ; Shapiro, A.H. De-leveraging or de-risking? How banks cope with loss. 2021 Rev. Econ. Dyn.. 39 100-127
Brewer, E. ; Mondschean, T.H. ; Strahan, P.E. Why the life insurance industry did not face an “s&l-type” crisis. 1993 Econ. Perspect.. 17 12-24
- Briys, E. ; De Varenne, F. On the risk of insurance liabilities: debunking some common pitfalls. 1997 J. Risk Insur.. 673-694
Paper not yet in RePEc: Add citation now
Brunnermeier, M.K. ; Sannikov, Y. A macroeconomic model with a financial sector. 2014 Am. Econ. Rev.. 104 379-421
Chodorow-Reich, G. Effects of unconventional monetary policy on financial institutions. 2014 Brookings Pap. Econ. Act.. 155-
- Chodorow-Reich, G. ; Ghent, A. ; Haddad, V. Asset insulators. 2021 Rev. Financ. Stud.. 34 1509-1539
Paper not yet in RePEc: Add citation now
Cooper, R. ; Ross, T.W. Bank runs: liquidity costs and investment distortions. 1998 J. Monet. Econ.. 41 27-38
Coval, J. ; Jurek, J. ; Stafford, E. The economics of structured finance. 2009 J. Econ. Perspect.. 23 3-25
DeAngelo, H. ; DeAngelo, L. ; Gilson, S.C. The collapse of first executive corporation junk bonds, adverse publicity, and the ‘run on the bank’ phenomenon. 1994 J. Financ. Econ.. 36 287-336
Demsetz, R.S. ; Saidenberg, M.R. ; Strahan, P.E. Banks with something to lose: the disciplinary role of franchise value. 1996 Econ. Policy Rev.. 2 -
Drechsler, I. ; Drechsel, T. ; Marques-Ibanez, D. ; Schnabl, P. Who borrows from the lender of last resort?. 2016 J. Finance. 71 1933-1974
Eckbo, B.E. ; Thorburn, K.S. ; Wang, W. How costly is corporate bankruptcy for the ceo?. 2016 J. Financ. Econ.. 121 210-229
Egan, M. ; Lewellen, S. ; Sunderam, A. The cross-section of bank value. 2022 Rev. Financ. Stud.. 35 2101-2143
Ellul, A. ; Jotikasthira, C. ; Lundblad, C.T. ; Wang, Y. Is historical cost accounting a panacea? Market stress, incentive distortions, and gains trading. 2015 J. Finance. 70 2489-2538
- FIO, How to Modernize and Improve the System of Insurance Regulation in the United States. 2013 Federal Insurance Office, U.S. Department of the Treasury:
Paper not yet in RePEc: Add citation now
Foley-Fisher, N. ; Narajabad, B. ; Verani, S. Self-fulfilling runs: evidence from the us life insurance industry. 2020 J. Polit. Econ.. 128 3520-3569
Froot, K.A. Risk management, capital budgeting, and capital structure policy for insurers and reinsurers. 2007 J. Risk Insur.. 74 273-299
Ge, S. ; Weisbach, M.S. The role of financial conditions in portfolio choices: the case of insurers. 2021 J. Financ. Econ.. 142 803-830
Gertler, M. ; Karadi, P. A model of unconventional monetary policy. 2011 J. Monet. Econ.. 58 17-34
Gertler, M. ; Kiyotaki, N. Financial intermediation and credit policy in business cycle analysis. 2010 Handb. Monet. Econ.. 3 547-599
Gilje, E.P. Do firms engage in risk-shifting? Empirical evidence. 2016 Rev. Financ. Stud.. 29 2925-
Hanley, K.W. ; Nikolova, S. Rethinking the use of credit ratings in capital regulations: evidence from the insurance industry. 2021 Rev. Corp. Finance Stud.. 10 347-401
Hanson, S.G. ; Kashyap, A.K. ; Stein, J.C. A macroprudential approach to financial regulation. 2011 J. Econ. Perspect.. 25 3-28
He, Z. ; Krishnamurthy, A. Intermediary asset pricing. 2013 Am. Econ. Rev.. 103 732-770
Jensen, M.C. ; Meckling, W.H. Theory of the firm: managerial behavior, agency costs and ownership structure. 1976 J. Financ. Econ.. 3 305-360
Keeley, M.C. Deposit insurance, risk, and market power in banking. 1990 Am. Econ. Rev.. 80 1183-1200
Kim, D. ; Santomero, A.M. Risk in banking and capital regulation. 1988 J. Finance. 43 1219-1233
Kirti, D. ; Sarin, N. What private equity does differently: evidence from life insurance. 2024 Rev. Financ. Stud.. 37 201-230
- Koijen, R.S. ; Yogo, M. Risks of life insurers: recent trends and transmission mechanisms. 2016 En : Hufeld, F. ; Koijen, R.S. ; Thimann, C. The Economics, Regulation, and Systemic Risk of Insurance Markets. Oxford University Press:
Paper not yet in RePEc: Add citation now
- Koijen, R.S. ; Yogo, M. Shadow insurance. 2016 Econometrica. 84 1265-1287
Paper not yet in RePEc: Add citation now
Koijen, R.S. ; Yogo, M. The cost of financial frictions for life insurers. 2015 Am. Econ. Rev.. 105 445-475
- Lee, S.-J. ; Mayers, D. ; Smith, C.W. Guaranty funds and risk-taking evidence from the insurance industry. 1997 J. Financ. Econ.. 44 3-24
Paper not yet in RePEc: Add citation now
Longstaff, F.A. ; Mithal, S. ; Neis, E. Corporate yield spreads: default risk or liquidity? New evidence from the credit default swap market. 2005 J. Finance. 60 2213-2253
Maggiori, M. Financial intermediation, international risk sharing, and reserve currencies. 2017 Am. Econ. Rev.. 107 3038-3071
- NAIC, Risk-Based Capital (RBC) for Insurers Model Act. 2012 :
Paper not yet in RePEc: Add citation now
- NAIC, The U.S. National State-Based System of Insurance Financial Regulation and the Solvency Modernization Initiative. 2013 :
Paper not yet in RePEc: Add citation now
Niehaus, G. Managing capital via internal capital market transactions: the case of life insurers. 2018 J. Risk Insur.. 85 69-106
Niehaus, G. ; Chiang, C.-C. Us life insurers' responses to the financial crisis: a review of the research. 2017 J. Financ. Perspect.. 4 -
Patti, E.B.d. ; Kashyap, A. Which banks recover from large adverse shocks?. 2017 National Bureau of Economic Research:
Peydro, J.-L. ; Polo, A. ; Sette, E. Risk mitigating versus risk shifting: Evidence from banks' security trading in crises. 2020 :
Plantin, G. ; Rochet, J.-C. When Insurers Go Bust: An Economic Analysis of the Role and Design of Prudential Regulation. 2007 Princeton University Press:
Poterba, J.M. The history of annuities in the United States. 1997 National Bureau of Economic Research:
Rajan, R.G. Has finance made the world riskier?. 2006 Eur. Financ. Manag.. 12 499-533
Rampini, A.A. ; Viswanathan, S. ; Vuillemey, G. Risk management in financial institutions. 2020 J. Finance. 75 591-637
Rauh, J.D. Risk shifting versus risk management: investment policy in corporate pension plans. 2009 Rev. Financ. Stud.. 22 2687-2733
Rochet, J.-C. Why Are There so Many Banking Crises?: The Politics and Policy of Bank Regulation. 2008 Princeton University Press:
- Seifert, C.A. Industry surveys insurance: Life & health. 2014 S&P Capital IQ:
Paper not yet in RePEc: Add citation now
Stein, J.C. Can policy tame the credit cycle?. 2021 IMF Econ. Rev.. 69 5-22
Stiglitz, J.E. ; Weiss, A. Credit rationing in markets with imperfect information. 1981 Am. Econ. Rev.. 71 393-410
Vassalou, M. ; Xing, Y. Default risk in equity returns. 2004 J. Finance. 59 831-868