by Juliane Begenau and Erik Stafford - Publications - Faculty & Research

other banks who have been experiencing a slow withdrawal of customer deposit balances. This is quickly being investigated by investors and regulators. Erik View Details

Keywords: by Dina Gerdeman; Financial Services; Banking

12 Feb 2007
Lessons from the Classroom

‘UpTick’ Brings Wall Street Pressure to Students

situations in classroom discussion. It's not a bad way to learn, but Coval and colleague Erik Stafford felt the need for a classroom tool that would more effectively... View Details

Keywords: by Julia Hanna; Financial Services; Education

2007
Case

Deriving by Doing: A New Approach to Teaching Finance

By: Joshua Coval, Jonathan Gadzik and Erik Stafford

Keywords: Finance; Teaching; Business Education

Citation

SSRN

20 Jan 2009
Research & Ideas

Risky Business with Structured Finance

close examination and clear explanation of how the process of securitization transformed trillions of dollars of risky assets into securities that many considered to be a safe bet. Authored by HBS professors... View Details

Keywords: by Julia Hanna; Banking; Financial Services

2017
Working Paper

Firm Selection and Corporate Cash Holdings

By: Juliane Begenau and Berardino Palazzo

Among stock market entrants, more firms over time are R&D intensive with initially lower profitability but higher growth potential. This sample-selection effect determines the secular trend in U.S. public firms’ cash holdings. A stylized firm industry model allows us... View Details

Keywords: Initial Public Offering; Market Entry and Exit; Supply and Industry; Research and Development

Citation

SSRN

Read Now

2023
Working Paper

Uniform Rate Setting and the Deposit Channel

By: Juliane Begenau and Erik Stafford

U.S. banks predominantly use uniform deposit rate setting policies, particularly the largest banks. Uniform rate setting ignores local market concentration, and is therefore inconsistent with the identification strategy used to provide cross-sectional evidence of the... View Details

Keywords: Banks and Banking; Financial Markets; Interest Rates; Banking Industry

Citation

Read Now

23 Jan 2018
First Look

First Look at New Research and Ideas, January 23, 2018

https://www.hbs.edu/faculty/Pages/item.aspx?num=53811 Do Banks Have an Edge? By: Begenau, Juliane, and Erik Stafford Abstract—We decompose bank activities into passive View Details

Keywords: Sean Silverthorne

2016
Working Paper

Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model

By: Juliane Begenau

This paper develops a quantitative dynamic general equilibrium model in which households' preferences for safe and liquid assets constitute a violation of Modigliani and Miller. I show that the scarcity of these coveted assets created by increased bank capital... View Details

Keywords: Capital Requirement; Bank Regulation; Demand For Safe Assets; Business Cycles; Bank Lending; Risk Management; Financial Liquidity; Financing and Loans; Capital; Banks and Banking

Citation

SSRN

Read Now

Publications

Publications

Show Results For

Show Results For

Are you looking for?

Do Banks Have an Edge?

Replicating Private Equity with Value Investing, Homemade Leverage, and Hold-to-Maturity Accounting

Firm Selection and Corporate Cash Holdings

Crashes and Collateralized Lending

Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model

Financial Regulation in a Quantitative Model of the Modern Banking System

The Cost of Capital for Alternative Investments

Banks’ Risk Exposures

Economic Catastrophe Bonds

The Economics of Structured Finance

How do Private Equity Fees Vary Across Public Pensions?

Pricing Liquidity: The Quantity Structure of Immediacy Prices

What Does the Failure of Silicon Valley Bank Say About the State of Finance?

‘UpTick’ Brings Wall Street Pressure to Students

Deriving by Doing: A New Approach to Teaching Finance

Risky Business with Structured Finance

Firm Selection and Corporate Cash Holdings

Uniform Rate Setting and the Deposit Channel

First Look at New Research and Ideas, January 23, 2018

Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model

Are you looking for?