Douglas W. Diamond

University of Chicago - Booth School of Business

Merton H. Miller Distinguished Service Professor of Finance

5807 S. Woodlawn Avenue

Chicago, IL 60637

United States

http://faculty.chicagobooth.edu/douglas.diamond/

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

22

DOWNLOADS
Rank 2,196

SSRN RANKINGS

Top 2,196

in Total Papers Downloads

19,792

SSRN CITATIONS
Rank 175

SSRN RANKINGS

Top 175

in Total Papers Citations

984

CROSSREF CITATIONS

2,831

Scholarly Papers (22)

Liquidity Risk, Liquidity Creation and Financial Fragility: A Theory of Banking

Number of pages: 51 Posted: 15 Aug 1998
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 5,182 (1,965)
Citation 155

Abstract:

Loading...

Liquidity Risk, Liquidity Creation and Financial Fragility: A Theory of Banking

Number of pages: 55 Posted: 25 Jul 2000 Last Revised: 22 Oct 2021
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 218 (178,373)
Citation 4

Abstract:

Loading...

2.
Downloads 3,543 ( 3,891)
Citation 338

A Theory of Bank Capital

Number of pages: 53 Posted: 09 Jun 1999
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 3,332 (4,238)
Citation 21

Abstract:

Loading...

A Theory of Bank Capital

Number of pages: 58 Posted: 25 May 2006 Last Revised: 23 Oct 2021
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 211 (183,919)
Citation 57

Abstract:

Loading...

3.

Reforming Money Market Funds

Tuck School of Business Working Paper No. 2011-86, Rock Center for Corporate Governance at Stanford University Working Paper No. 109, Columbia Business School Research Paper No. 12-13
Number of pages: 10 Posted: 19 Jan 2011 Last Revised: 20 Feb 2012
Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Dartmouth College - Tuck School of Business, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Dartmouth College - Tuck School of Business, Bank for International Settlements (BIS), Harvard University - Department of Economics and Ohio State University (OSU) - Department of Finance
Downloads 1,803 (11,853)
Citation 3

Abstract:

Loading...

A Theory of Debt Maturity: The Long and Short of Debt Overhang

AFA 2011 Denver Meetings Paper, Chicago Booth Research Paper No. 12-31, Fama-Miller Working Paper
Number of pages: 48 Posted: 22 Jan 2010 Last Revised: 22 Aug 2012
Douglas W. Diamond and Zhiguo He
University of Chicago - Booth School of Business and University of Chicago - Finance
Downloads 1,226 (21,130)
Citation 41

Abstract:

Loading...

Wealth transfer, short-term debt crisis, underinvestment, endogenous default

A Theory of Debt Maturity: The Long and Short of Debt Overhang

Number of pages: 48 Posted: 16 Jun 2012 Last Revised: 14 Feb 2021
Douglas W. Diamond and Zhiguo He
University of Chicago - Booth School of Business and University of Chicago - Finance
Downloads 58 (460,768)
Citation 2

Abstract:

Loading...

5.

Financial Intermediation as Delegated Monitoring: A Simple Example

Number of pages: 16 Posted: 17 Nov 2012
Douglas W. Diamond
University of Chicago - Booth School of Business
Downloads 1,281 (20,123)
Citation 219

Abstract:

Loading...

6.

Banks and Liquidity Creation: A Simple Exposition of the Diamond-Dybvig Model

Number of pages: 12 Posted: 09 Dec 2012
Douglas W. Diamond
University of Chicago - Booth School of Business
Downloads 1,188 (22,499)
Citation 12

Abstract:

Loading...

Banks, Short Term Debt and Financial Crises: Theory, Policy Implications and Applications

Number of pages: 41 Posted: 31 Aug 2000
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 960 (30,213)
Citation 12

Abstract:

Loading...

Banks, Short Term Debt and Financial Crises: Theory, Policy Implications and Applications

Number of pages: 41 Posted: 18 Jul 2000 Last Revised: 21 Mar 2021
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 102 (331,541)
Citation 1

Abstract:

Loading...

8.
Downloads 756 ( 42,614)
Citation 200

Liquidity Shortages and Banking Crises

Number of pages: 43 Posted: 02 Jan 2004
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 623 (54,398)

Abstract:

Loading...

Liquidity, Crises, Banking

Liquidity Shortages and Banking Crises

Number of pages: 55 Posted: 07 Nov 2003 Last Revised: 04 Jun 2021
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 86 (370,177)
Citation 3

Abstract:

Loading...

Liquidity Shortages and Banking Crises

Number of pages: 44 Posted: 08 Jan 2012 Last Revised: 10 Jul 2021
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 47 (507,170)
Citation 24

Abstract:

Loading...

9.

Aligning Incentives at Systemically Important Financial Institutions

Columbia Business School Research Paper No. 13-18, Fisher College of Business Working Paper
Number of pages: 7 Posted: 28 Mar 2013
Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Dartmouth College - Tuck School of Business, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Dartmouth College - Tuck School of Business, Bank for International Settlements (BIS) and Ohio State University (OSU) - Department of Finance
Downloads 724 (45,148)
Citation 1

Abstract:

Loading...

Bonus, compensation, contingent convertible bonds, capital, regulation, financial crisis

10.
Downloads 716 ( 45,835)
Citation 73

Money in a Theory of Banking

Number of pages: 49 Posted: 15 Dec 2003
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 594 (57,825)

Abstract:

Loading...

Liquidity, Money, Monetary Policy, Banking

Money in a Theory of Banking

Number of pages: 47 Posted: 22 Feb 2005 Last Revised: 09 Jul 2021
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 122 (292,117)
Citation 13

Abstract:

Loading...

11.

The Credit Crisis: Conjectures About Causes and Remedies

Number of pages: 15 Posted: 21 Feb 2009 Last Revised: 11 Apr 2021
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 573 (61,157)
Citation 13

Abstract:

Loading...

12.
Downloads 418 ( 89,765)
Citation 14

Fear of Fire Sales and the Credit Freeze

BIS Working Paper No. 305
Number of pages: 41 Posted: 05 May 2010
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 251 (155,472)
Citation 15

Abstract:

Loading...

Fire sales, illiquid securities, bank fragility, prudential policy

Fear of Fire Sales and the Credit Freeze

Number of pages: 41 Posted: 29 Apr 2009 Last Revised: 14 Oct 2021
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 167 (226,906)

Abstract:

Loading...

13.

Liquidity, Banks, and Markets: Effects of Financial Development on Banks and the Maturity of Financial Claims

Number of pages: 38 Posted: 20 Apr 2016
Douglas W. Diamond
University of Chicago - Booth School of Business
Downloads 334 (115,861)
Citation 13

Abstract:

Loading...

14.

Corporate Capital Structure: The Control Roles of Bank and Public Debt with Taxes and Costly Bankruptcy

Number of pages: 27 Posted: 14 Nov 2012
Douglas W. Diamond
University of Chicago - Booth School of Business
Downloads 190 (202,738)

Abstract:

Loading...

15.
Downloads 128 (280,552)
Citation 1

Liquidity, Pledgeability, and the Nature of Lending

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-09
Number of pages: 60 Posted: 25 Jan 2021
Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Chicago - Booth School of Business
Downloads 125 (286,888)

Abstract:

Loading...

liquidity, pledgeability, financial cycle, monitoring, loans, performance-pricing debt, intermediary capital

Liquidity, Pledgeability, and the Nature of Lending

Number of pages: 59 Posted: 27 Jan 2021 Last Revised: 19 Nov 2021
Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Chicago - Booth School of Business
Downloads 3 (813,853)
  • Add to Cart

Abstract:

Loading...

16.

Illiquidity and Interest Rate Policy

Number of pages: 47 Posted: 04 Aug 2009 Last Revised: 12 Jul 2010
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 128 (280,552)

Abstract:

Loading...

17.

Illiquid Banks, Financial Stability, and Interest Rate Policy

Number of pages: 55 Posted: 02 May 2011 Last Revised: 09 Jun 2021
Douglas W. Diamond and Raghuram G. Rajan
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 82 (377,481)
Citation 20

Abstract:

Loading...

18.

Should Banks Be Recapitalized?

FRB Richmond Economic Quarterly, Vol. 87, No. 4, Fall 2001, pp. 71-96
Number of pages: 26 Posted: 30 Nov 2012
Douglas W. Diamond
University of Chicago - Booth School of Business
Downloads 75 (397,341)
Citation 5

Abstract:

Loading...

19.

Pledgeability, Industry Liquidity, and Financing Cycles

Number of pages: 52 Posted: 17 Jan 2017 Last Revised: 01 Jul 2021
Douglas W. Diamond, Yunzhi Hu and Raghuram G. Rajan
University of Chicago - Booth School of Business, University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Chicago - Booth School of Business
Downloads 64 (432,620)
Citation 3

Abstract:

Loading...

20.

Liquidity Requirements, Liquidity Choice and Financial Stability

Number of pages: 45 Posted: 07 Mar 2016 Last Revised: 07 Oct 2021
Douglas W. Diamond and Anil K. Kashyap
University of Chicago - Booth School of Business and University of Chicago, Booth School of Business
Downloads 36 (550,155)
Citation 10

Abstract:

Loading...

21.

The Squam Lake Report: Fixing the Financial System

Journal of Applied Corporate Finance, Vol. 22, Issue 3, pp. 8-21, Summer 2010
Number of pages: 16 Posted: 04 Oct 2010
Dartmouth College - Tuck School of Business, Institute for International Economics, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, University of Chicago - Booth School of Business, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Bank for International Settlements (BIS), Dartmouth College - Tuck School of Business, Harvard University - Department of Economics and Ohio State University (OSU) - Department of Finance
Downloads 7 (748,916)
Citation 4
  • Add to Cart

Abstract:

Loading...

22.

Aligning Incentives at Systemically Important Financial Institutions: A Proposal by the Squam Lake Group

Journal of Applied Corporate Finance, Vol. 25, Issue 4, pp. 37-40, 2013
Number of pages: 6 Posted: 23 Dec 2013
Brookings Institution, Harvard University - Department of Economics, Hoover Institution, University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, Dartmouth College - Tuck School of Business, University of Chicago, Booth School of Business, Columbia Business School - Finance and Economics, Harvard Business School - Finance Unit, Yale University - Cowles Foundation, Dartmouth College - Tuck School of Business, Bank for International Settlements (BIS) and Ohio State University (OSU) - Department of Finance
Downloads 0 (818,422)
Citation 1
  • Add to Cart

Abstract:

Loading...