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Volumn 23, Issue 1, 2009, Pages 101-119

Reflections on northern rock: The bank run that heralded the global financial crisis

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Indexed keywords


EID: 85011632566     PISSN: None     EISSN: 08953309     Source Type: Journal    
DOI: 10.1257/jep.23.1.101     Document Type: Review
Times cited : (376)

References (24)
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    • The role of demandable debt in structuring optimal banking arrangements
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    • (1991) American Economic Review , vol.81 , Issue.3 , pp. 497-513
    • Charles, C.1    Kahn, C.2
  • 8
    • 85010390101 scopus 로고
    • Bank runs, deposit insurance, and liquidity
    • Diamond Douglas, and Philip Dybvig. 1983. "Bank Runs, Deposit Insurance, and Liquidity." Journal of Political Economy, 91(3): 401-19.
    • (1983) Journal of Political Economy , vol.91 , Issue.3 , pp. 401-419
    • Douglas, D.1    Dybvig, P.2
  • 9
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    • Liquidity risk, liquidity creation, and financial fragility: A theory of banking
    • Diamond Douglas, and Raghuram Rajan. 2001. "Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking." Journal of Political Economy, 109(2): 287-327.
    • (2001) Journal of Political Economy , vol.109 , Issue.2 , pp. 287-327
    • Douglas, D.1    Rajan, R.2
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    • Northern Rock: Lessons of the Fall October 18
    • The Economist. 2007. Northern Rock: Lessons of the Fall October http://www.economist. com/displaystory.cfm?story-id-9988865.
    • (2007) The Economist
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    • Equilibrium and welfare in markets with financially constrained arbitrageurs
    • Gromb, Denis, and Dimitri Vayanos. 2002. "Equilibrium and Welfare in Markets with Financially Constrained Arbitrageurs." Journal of Financial Economics, 66(3): 361-407.
    • (2002) Journal of Financial Economics , vol.66 , Issue.3 , pp. 361-407
    • Denis, G.1    Vayanos, D.2
  • 16
    • 33846497571 scopus 로고    scopus 로고
    • International Monetary Fund. April, Washington, D.C
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    • Northern Rock plc
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    • Liquidation values and debt capacity: A market equilibrium approach
    • Shleifer, Andrei, and Robert Vishny. 1992. "Liquidation Values and Debt Capacity: A Market Equilibrium Approach." Journal of Finance, 47(4): 1343-66.
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    • Andrei, S.1    Vishny, R.2
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    • The limits of arbitrage
    • Shleifer, Andrei, and Robert Vishny. 1997. "The Limits of Arbitrage." Journal of Finance, 52(1): 35-55.
    • (1997) Journal of Finance , vol.52 , Issue.1 , pp. 35-55
    • Andrei, S.1    Vishny, R.2


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