Zobrazeno 1 - 10
of 32
pro vyhledávání: '"Christopher Clayton"'
Autor:
Christopher Clayton, Andreas Schaab
Publikováno v:
The Quarterly Journal of Economics. 137:1681-1736
We study the scope for international cooperation in macroprudential policies. Multinational banks contribute to and are affected by fire sales in countries they operate in. National governments setting quantity regulations noncooperatively fail to ac
Publikováno v:
SSRN Electronic Journal.
We document the rise of China in offshore capital markets. Chinese firms use global tax havens to access foreign capital in both equity and bond markets. In the last 20 years, China's presence went from raising a negligible amount of capital in these
Autor:
Jonathan Shaun Atkins, James M Hawley, Laura J Owen, Jonathan Christopher Clayton, Jonathan Scargill, Brian G Keevil
Publikováno v:
Annals of Clinical Biochemistry: International Journal of Laboratory Medicine. :000456322311795
Background: The 1 mg overnight dexamethasone suppression test (ONDST) is recommended for the differential diagnosis of Cushing’s syndrome and the investigation of adrenal incidentalomas. Despite documented variation in serum cortisol immunoassay pe
Autor:
Christopher Clayton, Andreas Schaab
Publikováno v:
SSRN Electronic Journal.
Autor:
Christopher Clayton, Samuel Antill
Publikováno v:
SSRN Electronic Journal.
We model the optimal resolution of insolvent firms in general equilibrium. Absent externalities, the optimal corporate-insolvency system encourages lending by letting banks assign liquidations ex-post. We show that a social planner optimally interven
Autor:
Christopher Clayton, Andreas Schaab
Publikováno v:
SSRN Electronic Journal.
We develop a new framework to study regulatory policy in the presence of unregulated financial institutions ("shadow banks'') when there are pecuniary externalities. Using sufficient statistics, we show that optimal regulation in the presence of shad
Autor:
Christopher Clayton, Andreas Schaab
Publikováno v:
SSRN Electronic Journal.
We provide a framework to study bail-in regimes for banks. In the presence of a monitoring problem, the optimal bank capital structure combines standard debt, which liquidates the bank and provides strong monitoring incentives, and bail-in debt, whic