Thomas M. Eisenbach

Federal Reserve Banks - Federal Reserve Bank of New York

33 Liberty Street

New York, NY 10045

United States

http://teisenbach.github.io/

SCHOLARLY PAPERS

15

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Top 11,983

in Total Papers Downloads

5,237

SSRN CITATIONS
Rank 4,757

SSRN RANKINGS

Top 4,757

in Total Papers Citations

121

CROSSREF CITATIONS

164

Scholarly Papers (15)

1.

Fire-sale Spillovers and Systemic Risk

Number of pages: 116 Posted: 16 Oct 2013 Last Revised: 06 Dec 2019
Fernando Duarte and Thomas M. Eisenbach
Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 1,019 (28,193)
Citation 56

Abstract:

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systemic risk, fire-sale externalities, leverage, linkage, concentration, bank holding company

2.

Anxiety in the Face of Risk

Number of pages: 35 Posted: 03 Apr 2013 Last Revised: 28 Oct 2015
Thomas M. Eisenbach, Martin C. Schmalz and Martin C. Schmalz
Federal Reserve Banks - Federal Reserve Bank of New York and CEPRUniversity of Oxford - Finance
Downloads 698 (47,530)
Citation 14

Abstract:

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risk premia, insurance, term structure, dynamic inconsistency

3.

Horizon-Dependent Risk Aversion and the Timing and Pricing of Uncertainty

Number of pages: 100 Posted: 09 Dec 2014 Last Revised: 01 Sep 2019
University of Toulouse 1 - Toulouse School of Economics (TSE), Federal Reserve Banks - Federal Reserve Bank of New York and CEPRUniversity of Oxford - Finance
Downloads 650 (52,227)
Citation 17

Abstract:

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risk aversion, early resolution, term structure, volatility risk

4.

Anxiety and Pro-cyclical Risk Taking with Bayesian Agents

Number of pages: 37 Posted: 21 Feb 2015 Last Revised: 23 Jan 2019
Thomas M. Eisenbach, Martin C. Schmalz and Martin C. Schmalz
Federal Reserve Banks - Federal Reserve Bank of New York and CEPRUniversity of Oxford - Finance
Downloads 525 (68,444)
Citation 2

Abstract:

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overconfidence, dynamic inconsistency, biases, deception, risk taking

5.

The Term Structure of the Price of Variance Risk

Number of pages: 34 Posted: 07 Aug 2015
University of Toulouse 1 - Toulouse School of Economics (TSE), Federal Reserve Banks - Federal Reserve Bank of New York, CEPRUniversity of Oxford - Finance and University of Michigan at Ann Arbor
Downloads 338 (114,511)
Citation 6

Abstract:

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volatility risk, option returns, straddle, term structure

6.

Rollover Risk as Market Discipline: A Two-Sided Inefficiency

Number of pages: 47 Posted: 05 Feb 2013 Last Revised: 28 Oct 2016
Thomas M. Eisenbach
Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 308 (126,570)
Citation 20

Abstract:

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global games, rollover risk, market discipline, fire sales

Supervising Large, Complex Financial Institutions: What Do Supervisors Do?

Number of pages: 21 Posted: 02 Mar 2017 Last Revised: 16 Dec 2017
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York - Banking Studies Department, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 173 (220,484)

Abstract:

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bank supervision, large and complex financial companies

Supervising Large, Complex Financial Institutions: What Do Supervisors Do?

Number of pages: 40 Posted: 31 May 2015
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York - Banking Studies Department, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 73 (408,618)
Citation 9

Abstract:

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bank supervision, large and complex financial companies

8.

Macroeconomics with Financial Frictions: A Survey

Number of pages: 96 Posted: 01 Jun 2012 Last Revised: 19 Jun 2021
Markus K. Brunnermeier, Thomas M. Eisenbach and Yuliy Sannikov
Princeton University - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of New York and Stanford GSB
Downloads 245 (160,023)
Citation 30

Abstract:

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9.

Watering a Lemon Tree: Heterogeneous Risk Taking and Monetary Policy Transmission

Number of pages: 55 Posted: 07 Sep 2017 Last Revised: 08 Apr 2020
Dong Beom Choi, Thomas M. Eisenbach and Tanju Yorulmazer
Seoul National University - Business School, Federal Reserve Banks - Federal Reserve Bank of New York and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 219 (178,234)

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monetary policy transmission, financial frictions, heterogeneous agents, financial intermediation

Resource Allocation in Bank Supervision: Trade-offs and Outcomes

Number of pages: 74 Posted: 21 Mar 2016 Last Revised: 17 May 2021
Thomas M. Eisenbach, David O. Lucca and Robert M. Townsend
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Massachusetts Institute of Technology (MIT)
Downloads 192 (201,032)
Citation 6

Abstract:

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bank supervision, bank regulation, monitoring, time use

The Economics of Bank Supervision

Number of pages: 58 Posted: 02 May 2016 Last Revised: 30 Aug 2021
Thomas M. Eisenbach, David O. Lucca and Robert M. Townsend
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Massachusetts Institute of Technology (MIT)
Downloads 24 (641,136)
Citation 3

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11.

Stability of Funding Models: An Analytical Framework

Number of pages: 19 Posted: 05 Mar 2014
Thomas M. Eisenbach, Todd Keister, James McAndrews and Tanju Yorulmazer
Federal Reserve Banks - Federal Reserve Bank of New York, Rutgers, The State University of New Jersey - Department of Economics, Wharton Financial Institutions Center and University of Amsterdam - Faculty of Economics and Business (FEB)
Downloads 209 (186,147)
Citation 2

Abstract:

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financial crisis, bank run, market run, maturity, wholesale funding, liquidity

12.

Cyber Risk and the U.S. Financial System: A Pre-Mortem Analysis

Number of pages: 50 Posted: 23 Jan 2020 Last Revised: 24 May 2021
Thomas M. Eisenbach, Anna Kovner and Michael Lee
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 195 (198,341)
Citation 7

Abstract:

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cyber, banks, networks, payments

13.
Downloads 163 (231,659)
Citation 19

Bank-Intermediated Arbitrage

Number of pages: 75 Posted: 20 Jun 2018 Last Revised: 29 Jul 2020
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 162 (233,215)
Citation 22

Abstract:

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cost of capital, beta, bank regulation, Dodd-Frank act, banks

Bank-Intermediated Arbitrage

Number of pages: 77 Posted: 28 Jul 2020 Last Revised: 16 Aug 2020
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 1 (838,783)
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14.

Pricing Under the Threat of Piracy: Flexibility and Platforms for Digital Goods

Cowles Foundation Discussion Paper No. 1834
Number of pages: 23 Posted: 09 Nov 2011
Dirk Bergemann, Thomas M. Eisenbach, Joan Feigenbaum and Scott Shenker
Yale University - Cowles Foundation - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of New York, Yale University - Department of Computer Science and University of California, Berkeley - Department of Electrical Engineering & Computer Sciences (EECS)
Downloads 127 (282,672)

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Digital goods, Digital rights management, Platform, Flexibility, Piracy

15.

Cournot Fire Sales

Number of pages: 54 Posted: 27 Feb 2018 Last Revised: 24 Nov 2020
Thomas M. Eisenbach and Gregory Phelan
Federal Reserve Banks - Federal Reserve Bank of New York and Williams College
Downloads 79 (386,426)
Citation 3

Abstract:

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fire sales, pecuniary externalities, overinvestment, liquidity, financial regulation, macroprudential regulation