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All Outputs (2)

Moral hazards, bankruptcy costs and international financial capital mobility (2007)
Journal Article
Banerji, S., & van Long, N. (2007). Moral hazards, bankruptcy costs and international financial capital mobility. Review of Development Economics, 11(2), 369-384. https://doi.org/10.1111/j.1467-9361.2007.00404.x

Using a model with moral hazard and bankruptcy costs, we show that the direction of intertemporal trade between countries depends on differences in their autarkic distributions of wealth. We also examine the consequences of redistribution policies an... Read More about Moral hazards, bankruptcy costs and international financial capital mobility.

Universal banking under bilateral information asymmetry (2002)
Journal Article
Banerji, S., Chen, A., & Mazumdar, S. (2002). Universal banking under bilateral information asymmetry. Journal of Financial Services Research, 22(3), 169-187. https://doi.org/10.1023/a%3A1019776908768

The Gramm–Leach–Bliley (GLB) Act of 1999 repealed many provisions of the Glass–Steagall Act that curtailed competition between banks and commercial firms. Significantly, however, the GLB Act did not repeal the constraint on banks from owning equity i... Read More about Universal banking under bilateral information asymmetry.