“...The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the...”

“...Continuous-Time Models in Corporate Finance synthesizes four decades of research to show how stochastic calculus can be used in corporate finance. Combining...”

“...We provide a road map to the burgeoning literature on two-sided markets and present new results. We identify two-sided markets with markets in which the...”

“...Twenty years ago, most banking courses focused on either management or monetary aspects of banking, with no connecting. Since then, a microeconomic theory of...”

“...We study the two‐product monopoly profit maximization problem for a seller who can commit to a dynamic pricing strategy. We show that if consumers' valuations...”

“...Almost every country in the world has sophisticated systems to prevent banking crises. Yet such crises--and the massive financial and social damage they can...”

“...Evidence suggests that banks tend to lend a lot during booms and very little during recessions. We propose a simple explanation for this phenomenon. We show...”

“...We model a systemically important financial institution that is too big (or too interconnected) to fail. Without credible regulation and strong supervision,...”