NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Viral V. Acharya

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

Books

Understanding the Capital Structures of Non-Financial and Financial Corporations
with Viral V. Acharya, Heitor Almeida, Malcolm Baker
Conference held April 5-6, 2013
Forthcoming from Elsevier, Journal of Financial Economics

Working Papers and Chapters

December 2013Unintended Consequences of LOLR Facilities: The Case of Illiquid Leverage
with Viral V. Acharya, Bruce Tuckman: w19773
Bank Capital and Dividend Externalities
with Viral V. Acharya, Hanh Le, Hyun Song Shin: w19707
Financial Dependence and Innovation: The Case of Public versus Private Firms
with Viral V. Acharya, Zhaoxia Xu: w19708
May 2013The “Greatest” Carry Trade Ever? Understanding Eurozone Bank Risks
with Viral V. Acharya, Sascha Steffen: w19039
April 2013Testing Macroprudential Stress Tests: The Risk of Regulatory Risk Weights
with Viral V. Acharya, Robert Engle, Diane Pierret: w18968
March 2013Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent
with Viral V. Acharya, Marco Pagano, Paolo Volpin: w18891
Credit Lines as Monitored Liquidity Insurance: Theory and Evidence
with Viral V. Acharya, Heitor Almeida, Filippo Ippolito, Ander Perez: w18892
November 2012Wrongful Discharge Laws and Innovation
with Viral V. Acharya, Ramin P. Baghai, Krishnamurthy V. Subramanian: w18516

Published: Viral V. Acharya & Ramin P. Baghai & Krishnamurthy V. Subramanian, 2014. "Wrongful Discharge Laws and Innovation," Review of Financial Studies, Society for Financial Studies, vol. 27(1), pages 301-346, January. citation courtesy of

February 2012Are Banks Passive Liquidity Backstops? Deposit Rates and Flows during the 2007-2009 Crisis
with Viral V. Acharya, Nada Mora: w17838
How to Calculate Systemic Risk Surcharges
with Viral V. Acharya, Lasse H. Pedersen, Thomas Philippon, Matthew Richardson
in Quantifying Systemic Risk, Joseph G. Haubrich and Andrew W. Lo, editors
A Transparency Standard for Derivatives
in Risk Topography: Systemic Risk and Macro Modeling, Markus K. Brunnermeier and Arvind Krishnamurthy, editors
December 2011A Theory of Income Smoothing When Insiders Know More Than Outsiders
with Viral V. Acharya, Bart M. Lambrecht: w17696
November 2011A Transparency Standard for Derivatives
w17558

Published: A Transparency Standard for Derivatives, Viral V. Acharya. in Risk Topography: Systemic Risk and Macro Modeling, Brunnermeier and Krishnamurthy. 2014

October 2011Sovereign Debt, Government Myopia, and the Financial Sector
with Viral V. Acharya, Raghuram G. Rajan: w17542

Published: Viral V. Acharya & Raghuram G. Rajan, 2013. "Sovereign Debt, Government Myopia, and the Financial Sector," Review of Financial Studies, Society for Financial Studies, vol. 26(6), pages 1526-1560. citation courtesy of

June 2011A Pyrrhic Victory? - Bank Bailouts and Sovereign Credit Risk
with Viral V. Acharya, Itamar Drechsler, Philipp Schnabl: w17136

A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk” with Itamar Drechsler and Philipp Schnabl, forthcoming, Journal of Finance.

April 2011Cash Holdings and Credit Risk
with Viral V. Acharya, Sergei A. Davydenko, Ilya A. Strebulaev: w16995

Published: “Cash Holdings and Credit Risk” with Sergei Davydenko and Ilya Strebulaev , 2012, Review of Financial Studies , 25(12), 3572 - 3609

Counterparty Risk Externality: Centralized Versus Over-the-counter Markets
with Viral V. Acharya, Alberto Bisin: w17000

Published: “Counterparty Risk Externality: Centralized versus Over - the - counter Markets” with Alberto Bisin, Journal of Economic Theory , 2014, 149 , 153 - 182

March 2011Dividends and Bank Capital in the Financial Crisis of 2007-2009
with Viral V. Acharya, Irvind Gujral, Nirupama Kulkarni, Hyun Song Shin: w16896
Limits to Arbitrage and Hedging: Evidence from Commodity Markets
with Viral V. Acharya, Lars A. Lochstoer, Tarun Ramadorai: w16875

Limits to Arbitrage and Hedging: Evidence from Commodity Markets” with Lars Lochstoer and Tarun Ramadorai, forthcoming, Journal of Financial Economics. citation courtesy of

October 2010Labor Laws and Innovation
with Viral V. Acharya, Ramin P. Baghai, Krishnamurthy V. Subramanian: w16484

Published: “Labor Laws and Innovation” with Ramin Baghai and Krishnamurthy Subramanian, Journal of Law and Economics , 2013, 56, 997-1037.

Endogenous Information Flows and the Clustering of Announcements
with Viral V. Acharya, Peter M. DeMarzo, Ilan Kremer: w16485

Published: Viral V. Acharya & Peter DeMarzo & Ilan Kremer, 2011. "Endogenous Information Flows and the Clustering of Announcements," American Economic Review, American Economic Association, vol. 101(7), pages 2955-79, December. citation courtesy of

September 2010Liquidity Risk of Corporate Bond Returns: A Conditional Approach
with Viral V. Acharya, Yakov Amihud, Sreedhar T. Bharath: w16394

Published: “Liquidity Risk of Corporate Bond Returns: A Conditional Approach” with Yakov Amihud and Sreedhar Bharath, Journal of Financial Economics , 110(2), 2013, 358-386.

Precautionary Hoarding of Liquidity and Inter-Bank Markets: Evidence from the Sub-prime Crisis
with Viral V. Acharya, Ouarda Merrouche: w16395

Published: Viral V. Acharya & Ouarda Merrouche, 2013. "Precautionary Hoarding of Liquidity and Interbank Markets: Evidence from the Subprime Crisis," Review of Finance, European Finance Association, vol. 17(1), pages 107-160. citation courtesy of

June 2010Aggregate Risk and the Choice between Cash and Lines of Credit
with Viral V. Acharya, Heitor Almeida, Murillo Campello: w16122

Aggregate Risk and the Choice between Cash a nd Lines of Credit” with Heitor Almeida and Murillo Campello , forthcoming, Journal of Finance .

Do Global Banks Spread Global Imbalances? The Case of Asset-Backed Commercial Paper During the Financial Crisis of 2007-09
with Viral V. Acharya, Philipp Schnabl: w16079

Published: “Do Global Banks Spread Global Imbalances? Asset-Backed Commercial Paper during the Financial Crisis of 2007-09” with Philipp Schnabl, IMF Economic Review, 58, 2010, 37-73

March 2010Leverage, Moral Hazard and Liquidity
with Viral V. Acharya, S. Viswanathan: w15837

Published: Viral V. Acharya & S. Viswanathan, 2011. "Leverage, Moral Hazard, and Liquidity," Journal of Finance, American Finance Association, vol. 66(1), pages 99-138, 02. citation courtesy of

February 2010Securitization without risk transfer
with Viral V. Acharya, Philipp Schnabl, Gustavo Suarez: w15730

Published: Acharya, Viral V. & Schnabl, Philipp & Suarez, Gustavo, 2013. "Securitization without risk transfer," Journal of Financial Economics, Elsevier, vol. 107(3), pages 515-536. citation courtesy of

January 2010Rollover Risk and Market Freezes
with Viral V. Acharya, Douglas Gale, Tanju Yorulmazer: w15674

Published: Viral V. Acharya & Douglas Gale & Tanju Yorulmazer, 2011. "Rollover Risk and Market Freezes," Journal of Finance, American Finance Association, vol. 66(4), pages 1177-1209, 08. citation courtesy of

December 2009Crisis Resolution and Bank Liquidity
with Viral V. Acharya, Hyun Song Shin, Tanju Yorulmazer: w15567

Published: Viral V. Acharya & Hyun Song Shin & Tanju Yorulmazer, 2011. "Crisis Resolution and Bank Liquidity," Review of Financial Studies, Society for Financial Studies, vol. 24(6), pages 2166-2205. citation courtesy of

The Internal Governance of Firms
with Viral V. Acharya, Stewart C. Myers, Raghuram Rajan: w15568

Published: Viral V. Acharya & Stewart C. Myers & Raghuram G. Rajan, 2011. "The Internal Governance of Firms," Journal of Finance, American Finance Association, vol. 66(3), pages 689-720, 06. citation courtesy of

Creditor rights and corporate risk-taking
with Viral V. Acharya, Yakov Amihud, Lubomir Litov: w15569

Published: Acharya, Viral V. & Amihud, Yakov & Litov, Lubomir, 2011. "Creditor rights and corporate risk-taking," Journal of Financial Economics, Elsevier, vol. 102(1), pages 150-166, October. citation courtesy of

June 2005Is Cash Negative Debt? A Hedging Perspective on Corporate Financial Policies
with Viral V. Acharya, Heitor Almeida, Murillo Campello: w11391

Published: Acharya, Viral V. & Almeida, Heitor & Campello, Murillo, 2007. "Is cash negative debt? A hedging perspective on corporate financial policies," Journal of Financial Intermediation, Elsevier, vol. 16(4), pages 515-554, October. citation courtesy of

October 2004Asset Pricing with Liquidity Risk
with Viral V. Acharya, Lasse Heje Pedersen: w10814

Published: Acharya, Viral V. and Lasse Heje Pedersen. "Asset Pricing With Liquidity Risk," Journal of Financial Economics, 2005, v77(2,Aug), 375-410. citation courtesy of

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

 
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