Showing results 21 - 30 of 32
A Model of Shadow Banking. Andrei Shleifer, August 2013, Paper. "We present a model of shadow banking in which banks originate and trade loans, assemble them into diversified…
An Activity-Generating Theory of Regulation. Andrei Shleifer, February 2013, Paper. “We propose an activity-generating theory of regulation. When courts make errors, tort…
The Failure of Judges and the Rise of Regulators. Andrei Shleifer, January 6, 2012, Book. "Government regulation is ubiquitous today in rich and middle-income countries--…
Neglected Risks, Financial Innovation, and Financial Fragility. Andrei Shleifer, May 27, 2011, Paper. "We present a standard model of financial innovation, in which…
Fire Sales in Finance and Macroeconomics. Andrei Shleifer, Winter 2011, Paper. "Analysts of the recent financial crisis often refer to the role of asset “fire sales” in…
Regulation and Distrust. Philippe Aghion, Andrei Shleifer, August 2010, Paper. "We document that, in a cross section of countries, government regulation is strongly…
Efficient Regulation. Andrei Shleifer, January 2010, Book Chapter. "Regulation of economic activity is ubiquitous around the world, yet standard theories predict it should be…
Unstable Banking. Andrei Shleifer, October 31, 2009, Paper. "We propose a theory of financial intermediaries operating in markets influenced by investor sentiment. In our…
Regulation and Distrust. Philippe Aghion and Andrei Shleifer, November 27, 2008, Paper. "In a cross-section of countries, government regulation is strongly…
Debt Enforcement Around the World. Andrei Shleifer, Oliver Hart, 2008, Paper. "Insolvency practitioners from 88 countries describe how debt enforcement will proceed…