NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Crashes and Collateralized Lending

Jakub W. Jurek, Erik Stafford

NBER Working Paper No. 17422
Issued in September 2011

---- Acknowledgements -----

We thank Joshua Coval, Victoria Ivashina, Martin Oehmke, George Pennacchi, David Sraer, Chris Rogers, Andrei Shleifer, and seminar participants at EPF Lausanne, MIT Sloan, Northwestern Kellogg, Princeton University, University of Oregon, University of Pennsylvania, the Spring 2011 NBER Corporate Finance Meeting, the Summer 2011 SITE Workshop, and the 6th Princeton-Cambridge Exchange Workshop for helpful comments and discussions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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