Securitized Banking and the Run on Repo

Gary Gorton & Andrew Metrick
Published Date
Copyright 2012
DOI 10.1016/j.jfineco.2011.03.016
Book: Market Institutions and Financial Market Risk
Book organizers: Mark Carey, Anil Kashyap, Raghuram Rajan & René Stulz
PUBLISHER: Journal of Financial Economics 104 (3)

You may be able to download this chapter for free via the Document Object Identifier.

Purchase Book

Related

Topics

Financial Economics
Financial Markets

Published From Paper

Securitized Banking and the Run on Repo
- Working Paper
Author(s): Gary B. Gorton & Andrew Metrick
The Panic of 2007-2008 was a run on the sale and repurchase market (the "repo" market), which is a very large, short-...

More from NBER

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Retirement and Disability, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.

Gita Gopinath The 2022 Martin Feldstein Lecture: Managing a Turn in the Global Financial Cycle Primary tabs
2022, 14th Annual Feldstein Lecture, Gita Gopinath, "Managing a Turn in the Global Financial Cycle"
  • Lecture
Gita Gopinath, the first deputy managing director of the International Monetary Fund, delivered the 2022 Martin...
2022 Summer Institute Methods Lectures: Empirical Bayes Methods, Theory and Application image
2022 Summer Institute Methods Lectures: Empirical Bayes Methods, Theory and Application
  • Lecture
Large data sets that include observations on many workers at a given firm, multiple decisions by individual judges,...
Ben Bernanke, Douglas Diamond, and Philip Dybvig
2022 Nobel Prize Celebrates Banking Research
  • Article
Former NBER research associate Ben Bernanke, current research associate Douglas Diamond, and Philip Dybvig have been awarded the 2022 Nobel Memorial...