Selected Bibliography for Douglas W. Diamond

Merton H. Miller Distinguished Service Professor of Finance

Published Works

"Liquidity, Pledgeability, and the Nature of Lending." Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan; Journal of Financial Economics, 2022, 143(3), pp. 1275-94.

"The Spillovers from Easy Liquidity and the Implications for Multilateralism." Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan; IMF Economic Review, 2020, 68(1), pp. 4-34.

"Pledgeability, Industry Liquidity, and Financing Cycles." Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan; The Journal of Finance, 2020, 75(1), pp. 419-61.

"Institutions, Games and Economic Theory: Comments on the Guidance of an Enterprise Economy by Martin Shubik and Eric Smith, MIT Press 2016." Douglas W. Diamond; Accounting, Economics, and Law: A Convivium, 2019, 9(3).

"Banking and the Evolving Objectives of Bank Regulation." Douglas W. Diamond, Anil K. Kashyap and Raghuram G. Rajan; Journal of Political Economy, 2017, 125(6), pp. 1812-25.

"Liquidity Requirements, Liquidity Choice, and Financial Stability," Douglas W. Diamond and Anil K. Kashyap, in Handbook of Macroeconomics. J. B. Taylor and H. Uhlig, Elsevier, 2016, pp. 2263-303.

"A Theory of Debt Maturity: The Long and Short of Debt Overhang." Douglas W. Diamond and Zhiguo He; Journal of Finance, 2014, 69(2), pp. 719-62.

"Illiquid Banks, Financial Stability, and Interest Rate Policy." Douglas W. Diamond and Raghuram G. Rajan; Journal of Political Economy, 2012, 120(3), pp. 552-91.

"Fear of Fire Sales, Illiquidity Seeking, and Credit Freezes." Douglas W. Diamond and Raghuram G. Rajan; The Quarterly Journal of Economics, 2011, 126(2), pp. 557-91.

The Squam Lake Report : Fixing the Financial System Kenneth R. French, Martin N. Baily, John Y. Campbell, John H. Cochrane, Douglas W. Diamond, Darrell Duffie, Anil K. Kashyap, Frederic S. Mishkin, Raghuram G. Rajan, David S. Scharfstein, Robert J. Shiller, Hyun Song Shin, Matthew J. Slaughter, Jeremy C. Stein and René Stulz; Princeton: Princeton University Press, 2010.

"The Credit Crisis: Conjectures About Causes and Remedies." Douglas W. Diamond and Raghuram G. Rajan; American Economic Review, 2009, 99(2), pp. 606-10.

"Banks and Liquidity Creation: A Simple Exposition of the Diamond-Dybvig Model." Douglas W. Diamond; Economic Quarterly, 2007, 93(2), pp. 189.

"New Dynamic Public Finance: A User's Guide [with Comments and Discussion]." Mikhail Golosov, Aleh Tsyvinski, Iván Werning, Peter Diamond and Kenneth L. Judd; NBER Macroeconomics Annual, 2006, 21, pp. 317-87.

"Money in a Theory of Banking." Douglas W. Diamond and Raghuram G. Rajan; The American Economic Review, 2006, 96(1), pp. 30.

"Comment on "Bubbles and Capital Flow Volatility: Causes and Risk Management"." Douglas W. Diamond; Journal of Monetary Economics, 2006, 53(1), pp. 55-57.

"Liquidity Shortages and Banking Crises." Douglas W. Diamond and Raghuram G. Rajan; Journal of Finance, 2005, 60(2), pp. 615.

"Presidential Address, Committing to Commit: Short-Term Debt When Enforcement Is Costly." Douglas W. Diamond; Journal of Finance, 2004, 59(4), pp. 1447-79.

"Bank Bailouts and Aggregate Liquidity." Douglas W. Diamond and Raghuram G. Rajan; American Economic Review, 2002, 92(2), pp. 38-41.

"Can Emerging Market Bank Regulators Establish Credible Discipline? The Case of Argentina, 1992-99: Comment," Douglas W. Diamond, in Prudential Supervision: What Works and What Doesn't. F. S. Mishkin, Chicago and London: University of Chicago Press, 2001, pp. 191-94.

"Should Banks Be Recapitalized?" Douglas W. Diamond; Federal Reserve Bank of Richmond Economic Quarterly, 2001, 87(4), pp. 71-96.

"Should Japanese Banks Be Recapitalized?" Douglas W. Diamond; Monetary and Economic Studies, 2001, 19(2), pp. 1-19.

"Banks, Short-Term Debt and Financial Crises: Theory, Policy Implications and Applications." Douglas W. Diamond and Raghuram G. Rajan; Carnegie-Rochester Conference Series on Public Policy, 2001, 54, pp. 37-71.

"Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking." Douglas W. Diamond and Raghuram G. Rajan; Journal of Political Economy, 2001, 109(2), pp. 287-327.

"Banks and Liquidity." Douglas W. Diamond and Raghuram G. Rajan; American Economic Review, 2001, 91(2), pp. 422-25.

"Bank Runs, Deposit Insurance, and Liquidity." Douglas W. Diamond and Philip H. Dybvig; Federal Reserve Bank of Minneapolis Quarterly Review, 2000, 24(1), pp. 14-23.

"A Theory of Bank Capital." Douglas W. Diamond and Raghuram G. Rajan; Journal of Finance, 2000, 55(6), pp. 2431-65.

"Comment on Moral Hazard under Commercial and Universal Banking." Douglas W. Diamond; Journal of Money, Credit and Banking, 1998, 30(3), pp. 469-71.

"Liquidity, Banks, and Markets." Douglas W. Diamond; Journal of Political Economy, 1997, 105(5), pp. 928-56.

"Financial Intermediation as Delegated Monitoring: A Simple Example." Douglas W. Diamond; Federal Reserve Bank of Richmond Economic Quarterly, 1996, 82(3), pp. 51-66.

"Financial Intermediation and Delegated Monitoring," Douglas W. Diamond, in Financial Intermediaries. M. K. Lewis, Aldershot, U.K.: Elgar, 1995, pp. 264-85.

"Corporate Capital Structure: The Control Roles of Bank and Public Debt with Taxes and Costly Bankruptcy." Douglas W. Diamond; Federal Reserve Bank of Richmond Economic Quarterly, 1994, 80(2), pp. 11-37.

"Bank Loan Maturity and Priority When Borrowers Can Refinance," Douglas W. Diamond, in Capital Markets and Financial Intermediation. C. Mayer and X. Vives, Cambridge; New York and Melbourne: Cambridge University Press, 1993, pp. 46-68.

"Seniority and Maturity of Debt Contracts." Douglas W. Diamond; Journal of Financial Economics, 1993, 33(3), pp. 341-68.

"Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt." Douglas W. Diamond; Journal of Political Economy, 1991, 99(4), pp. 689-721.

"Debt Maturity Structure and Liquidity Risk." Douglas W. Diamond; Quarterly Journal of Economics, 1991, 106(3), pp. 709-37.

"Disclosure, Liquidity, and the Cost of Capital." Douglas W. Diamond and Robert E. Verrecchia; Journal of Finance, 1991, 46(4), pp. 1325-59.

"Reputation Acquisition in Debt Markets." Douglas W. Diamond; Journal of Political Economy, 1989, 97(4), pp. 828-62.

"Constraints on Short-Selling and Asset Price Adjustment to Private Information." Douglas W. Diamond and Robert E. Verrecchia; Journal of Financial Economics, 1987, 18(2), pp. 277-311.

"Banking Theory, Deposit Insurance, and Bank Regulation." Douglas W. Diamond and Philip H. Dybvig; Journal of Business, 1986, 59(1), pp. 55-68.

"Optimal Release of Information by Firms." Douglas W. Diamond; Journal of Finance, 1985, 40(4), pp. 1071-94.

"Financial Intermediation and Delegated Monitoring." Douglas W. Diamond; Review of Economic Studies, 1984, 51(3), pp. 393-414.

"Bank Runs, Deposit Insurance, and Liquidity." Douglas W. Diamond and Philip H. Dybvig; Journal of Political Economy, 1983, 91(3), pp. 401-19.

Essays on Information and Financial Intermediation; Douglas W. Diamond; Ph. D. Dissertation, Yale University, 1982.

"Optimal Managerial Contracts and Equilibrium Security Prices." Douglas W. Diamond and Robert E. Verrecchia; Journal of Finance, 1982, 37(2), pp. 275-87.

"Information Aggregation in a Noisy Rational Expectations Economy." Douglas W. Diamond and Robert E. Verrecchia; Journal of Financial Economics, 1981, 9(3), pp. 221-35.