create a website

Systemic bank runs without aggregate risk: How a misallocation of liquidity may trigger a solvency crisis. (2024). Voellmy, Lukas ; van Buggenum, Hugo ; Altermatt, Lukas.
In: Journal of Financial Economics.
RePEc:eee:jfinec:v:161:y:2024:i:c:s0304405x24001521.

Full description at Econpapers || Download paper

Cited: 1

Citations received by this document

Cites: 47

References cited by this document

Cocites: 22

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Interest rate liberalization and the procyclicality of the bank liquidity buffer: Evidence from China. (2025). Zhang, Xiaolin ; Yuan, Chao ; Zhu, Yunfan ; Jiang, Hai.
    In: Journal of Asian Economics.
    RePEc:eee:asieco:v:98:y:2025:i:c:s1049007825000284.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Altermatt, L. ; van Buggenum, H. ; Voellmy, L. Money creation in a neoclassical economy: Equilibrium multiplicity and the liquidity trap. 2024 :
    Paper not yet in RePEc: Add citation now
  2. Andolfatto, D. ; Berentsen, A. ; Martin, F. Money, banking and financial markets. 2020 Rev. Econ. Stud.. 87 2049-2086

  3. Andolfatto, D. ; Nosal, E. Shadow bank runs. 2020 :
    Paper not yet in RePEc: Add citation now
  4. Andrew, A.P. Hoarding in the panic of 1907. 1908 Q. J. Econ.. 22 290-299

  5. Aruoba, S.B. ; Waller, C. ; Wright, R. Money and capital. 2011 J. Monetary Econ.. 58 98-116
    Paper not yet in RePEc: Add citation now
  6. Bech, M. ; Faruqui, U. ; Ougaard, F. ; Picillo, C. Payments are a-changin’ but cash still rules. 2018 BIS Q. Rev.. 67-80

  7. Berentsen, A. ; Camera, G. ; Waller, C. Money, credit and banking. 2007 J. Econom. Theory. 135 171-195

  8. Carapella, F. Banking panics and deflation in dynamic general equilibrium. 2015 :

  9. Comptroller of the Currency, F. Annual Report of the Comptroller of the Currency. 1907 Washington Government Printing Office:
    Paper not yet in RePEc: Add citation now
  10. Daseking, C. ; Ghosh, A. ; Lane, T. ; Thomas, A. Lessons from the crisis in Argentina. 2004 :
    Paper not yet in RePEc: Add citation now
  11. Diamond, D.W. ; Dybvig, P.H. Bank runs, deposit insurance, and liquidity. 1983 J. Polit. Econ.. 91 401-419

  12. Engineer, M. Bank runs and the suspension of deposit convertibility. 1989 J. Monetary Econ.. 24 443-454

  13. Ennis, H. ; Keister, T. Bank runs and institutions: The perils of intervention. 2009 Amer. Econ. Rev.. 99 1588-1607

  14. Ennis, H.M. ; Keister, T. Banking panics and policy responses. 2010 J. Monetary Econ.. 57 404-419

  15. European Commission, H.M. The economic adjustment programme for cyprus. 2013 :
    Paper not yet in RePEc: Add citation now
  16. Farhi, E. ; Tirole, J. Shadow banking and the four pillars of traditional financial intermediation. 2020 Rev. Econ. Stud.. 88 2622-2653
    Paper not yet in RePEc: Add citation now
  17. Friedman, M. ; Schwartz, A.J. A Monetary History of the United States. 1963 Princeton University Press:

  18. Geromichalos, A. ; Herrenbrueck, L. The liquidity-augmented model of macroeconomic aggregates: A new monetarist DSGE approach. 2022 Rev. Econ. Dyn.. 45 134-167

  19. Gertler, M. ; Kiyotaki, N. Banking, liquidity, and bank runs in an infinite horizon economy. 2015 Amer. Econ. Rev.. 105 2011-2043

  20. Goldstein, I. ; Kopytov, A. ; Shen, L. ; Xiang, H. Bank heterogeneity and financial stability. 2020 :

  21. Gorton, G. Banking panics and business cycles. 1988 Oxford Econ. Pap.. 40 751-781

  22. Gorton, G. ; Huang, L. Bank panics and the endogeneity of central banking. 2006 J. Monetary Econ.. 53 1613-1629

  23. Gu, C. ; Monnet, C. ; Nosal, E. ; Wright, R. Diamond-Dybvig and beyond: On the instability of banking. 2023 Eur. Econ. Rev.. 154 -

  24. Gutierrez, J.G. ; Montes-Negret, F. Argentina’s banking system: Restoring financial viability. 2004 :
    Paper not yet in RePEc: Add citation now
  25. James, J.A. ; McAndrews, J. ; Weiman, D.F. Wall Street and Main Street: the macroeconomic consequences of New York bank suspensions, 1866–1914. 2013 Cliometrica. 7 99-130

  26. Jaremski, M.S. ; Wheelock, D.C. Interbank networks and the interregional transmission of financial crises: Evidence from the panic of 1907. 2023 :

  27. Kashyap, A.K. ; Tsomocos, D.P. ; Vardoulakis, A.P. Optimal bank regulation in the presence of credit and run-risk. 2024 J. Polit. Econ.. 132 772-823

  28. Keister, T. ; Mitkov, Y. Allocating losses: Bail-ins, bailouts and bank regulation. 2023 J. Econom. Theory. 210 1-29

  29. Kiguel, M. Argentina’s 2001 economic and financial crisis: Lessons for Europe. 2011 En : Think Tank 20: Beyond Macroeconomic Policy Coordination Discussions in the G-20. Brookings Institution:
    Paper not yet in RePEc: Add citation now
  30. Kiyotaki, N. ; Wright, R. On money as a medium of exchange. 1989 J. Polit. Econ.. 97 927-954

  31. Lagos, R. ; Wright, R. A unified framework for monetary theory and policy analysis. 2005 J. Polit. Econ.. 113 463-484

  32. Liu, X. Diversification and systemic bank runs. 2019 :
    Paper not yet in RePEc: Add citation now
  33. Martin, A. Liquidity provision vs. deposit insurance: Preventing bank panics without moral hazard. 2006 Econom. Theory. 28 197-211

  34. Matta, R. ; Perotti, E.C. Pay, stay, or delay? How to settle a run. 2024 Rev. Financ. Stud.. 37 1368-1407

  35. Peck, J. ; Setayesh, A. Bank runs and the optimality of limited banking. 2023 Rev. Econ. Dyn.. 47 100-110

  36. Reinhart, C.M. ; Rogoff, K.S. Is the 2007 US sub-prime financial crisis so different? An international historical comparison. 2008 Am. Econ. Rev.: Pap. Proc.. 98 339-344

  37. Robatto, R. Systemic bank panics, liquidity risk, and monetary policy. 2019 Rev. Econ. Dyn.. 34 20-42

  38. Rochet, J. ; Vives, X. Coordination failures and the lender of last resort: Was bagehot right after all?. 2004 J. Eur. Econom. Assoc.. 2 1116-1147

  39. Sanches, D. Banking panics and output dynamics. 2018 Rev. Econ. Dyn.. 29 148-171

  40. Saxton, J. Argentina’s economic crisis: Causes and cures. 2003 :
    Paper not yet in RePEc: Add citation now
  41. Schilling, L. ; Fernandez-Villaverde, J. ; Uhlig, H. Central bank digital currency: When price and bank stability collide. 2024 J. Monetary Econ.. 145 -

  42. Sprague, O.M.W. History of Crises Under the National Banking System. 1910 US Government Printing Office:
    Paper not yet in RePEc: Add citation now
  43. Voellmy, L. Decomposing liquidity risk in banking models. 2024 :

  44. Wallace, N. A banking model in which partial suspension is best. 1990 Fed. Reserve Bank St. Louis Q. Rev.. 14 11-23

  45. Wicker, E. Banking Panics of the Gilded Age. 2000 Cambridge University Press:

  46. Williamson, S. Liquidity, monetary policy, and the financial crisis: A new monetarist approach. 2012 Amer. Econ. Rev.. 102 2570-2605

  47. World Bank, S. The Global Findex Database 2021: Financial Inclusion, Digital Payments, and Resilience in the Age of COVID-19. 2021 :
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. MODELING AND ANALYSIS OF YIELD CURVE AND EXCHANGE RATE FORMATION IN PRO-MARKET MONETARY OPERATIONS. (2024). Mustika, Kusfisiami Wima ; Fista, Geyana Ledy ; Harun, Cicilia Anggadewi ; Sasongko, Aryo ; Safitri, Dila ; Kurniati, Puput ; Larasati, Karanissa ; Dinianyadharani, Aninditha Kemala.
    In: Working Papers.
    RePEc:idn:wpaper:wp092024.

    Full description at Econpapers || Download paper

  2. Central bank digital currency: When price and bank stability collide. (2024). Uhlig, Harald ; Schilling, Linda ; Fernandez-Villaverde, Jesus.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:145:y:2024:i:c:s0304393224000072.

    Full description at Econpapers || Download paper

  3. Systemic bank runs without aggregate risk: How a misallocation of liquidity may trigger a solvency crisis. (2024). Voellmy, Lukas ; van Buggenum, Hugo ; Altermatt, Lukas.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:161:y:2024:i:c:s0304405x24001521.

    Full description at Econpapers || Download paper

  4. Money under the mattress: Inflation and lending of last resort. (2024). Barlevy, Gadi ; Weiss, David ; Fershtman, Daniel ; Bird, Daniel.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:217:y:2024:i:c:s0022053124000103.

    Full description at Econpapers || Download paper

  5. Oligopoly banking, risky investment, and monetary policy. (2024). Altermatt, Lukas ; Wang, Zijian.
    In: European Economic Review.
    RePEc:eee:eecrev:v:164:y:2024:i:c:s0014292124000333.

    Full description at Econpapers || Download paper

  6. Bank Runs and the Optimality of Limited Banking. (2023). Peck, James ; Setayesh, Abolfazi.
    In: Review of Economic Dynamics.
    RePEc:red:issued:21-90.

    Full description at Econpapers || Download paper

  7. On the Origins of the Federal Reserve System and Its Structure. (2023). Humpage, Owen.
    In: Working Papers.
    RePEc:fip:fedcwq:96515.

    Full description at Econpapers || Download paper

  8. A model of retail banking and the deposits channel of monetary policy. (2023). Choi, Michael ; Rocheteau, Guillaume.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:139:y:2023:i:c:p:127-147.

    Full description at Econpapers || Download paper

  9. Diamond–Dybvig and beyond: On the instability of banking. (2023). Wright, Randall ; Monnet, Cyril ; Nosal, ED ; Gu, Chao.
    In: European Economic Review.
    RePEc:eee:eecrev:v:154:y:2023:i:c:s0014292123000430.

    Full description at Econpapers || Download paper

  10. Coexistence of money and interest-bearing bonds. (2023). van Buggenum, Hugo.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:153:y:2023:i:c:s0165188923000982.

    Full description at Econpapers || Download paper

  11. Systemic bank runs without aggregate risk: how a misallocation of liquidity may trigger a solvency crisis. (2022). Voellmy, Lukas ; van Buggenum, Hugo ; Altermatt, Lukas.
    In: Working Papers.
    RePEc:snb:snbwpa:2022-10.

    Full description at Econpapers || Download paper

  12. Banking and Inside Money: Revisiting the Efficiency of Deposit Contracts. (2021). Rodriguez Mendizabal, Hugo ; Rivero, David.
    In: Working Papers.
    RePEc:bge:wpaper:1265.

    Full description at Econpapers || Download paper

  13. A Few Things You Wanted to Know about the Economics of CBDCs, but were Afraid to Model: a survey of what we can learn from who has done. (2021). , Marcelo.
    In: Working Papers Series.
    RePEc:bcb:wpaper:554.

    Full description at Econpapers || Download paper

  14. Central Bank Digital Currency: When Price and Bank Stability Collide. (2020). Uhlig, Harald ; Schilling, Linda ; Fernandez-Villaverde, Jesus.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_8773.

    Full description at Econpapers || Download paper

  15. Central Bank Digital Currency: When Price and Bank Stability Collide. (2020). Uhlig, Harald ; Schilling, Linda ; Fernandez-Villaverde, Jesus ; Fernndez-Villaverde, Jess.
    In: Working Papers.
    RePEc:bfi:wpaper:2020-180.

    Full description at Econpapers || Download paper

  16. The transmission of the financial crisis in 1907: an empirical investigation. (2018). Tallman, Ellis ; Moen, Jon.
    In: Cliometrica.
    RePEc:spr:cliomt:v:12:y:2018:i:2:d:10.1007_s11698-017-0161-1.

    Full description at Econpapers || Download paper

  17. Clearinghouses as credit regulators before the fed?. (2015). Jaremski, Matthew.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:17:y:2015:i:c:p:10-21.

    Full description at Econpapers || Download paper

  18. The Transmission of the Financial Crisis in 1907: An Empirical Investigation. (2014). Tallman, Ellis ; Moen, Jon.
    In: Working Papers (Old Series).
    RePEc:fip:fedcwp:1409.

    Full description at Econpapers || Download paper

  19. The Subprime Panic*. (2009). Gorton, Gary.
    In: European Financial Management.
    RePEc:bla:eufman:v:15:y:2009:i:1:p:10-46.

    Full description at Econpapers || Download paper

  20. The Subprime Panic. (2008). Gorton, Gary.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14398.

    Full description at Econpapers || Download paper

  21. The seasonality of banking failures during the late National Banking Era. (2006). Gomis-Porqueras, Pedro ; Gomisporqueras, Pere ; Smith, Bruce.
    In: Canadian Journal of Economics/Revue canadienne d'économique.
    RePEc:wly:canjec:v:39:y:2006:i:1:p:296-319.

    Full description at Econpapers || Download paper

  22. The seasonality of banking failures during the late National Banking Era. (2006). Gomis-Porqueras, Pedro.
    In: Canadian Journal of Economics.
    RePEc:cje:issued:v:39:y:2006:i:1:p:296-319.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-30 17:24:29 || 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.