Money, financial stability and efficiency

Bank Runs, Deposit Insurance, and Liquidity

Douglas W. Diamond, Philip H. Dybvig · Journal of Political Economy · 1983 · 9.4K citations · Full text

Business, Economics, Finance +13

Financial Contagion

Franklin Allen, Douglas Gale · Journal of Political Economy · 2000 · 3.1K citations

Business, Economics, Finance +17

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

Douglas W. Diamond, Raghuram G. Rajan · Journal of Political Economy · 2001 · 2K citations · Full text

Business, Finance, Banking +15

The Role of Demandable Debt in Structuring Optimal Banking Arrangements

Charles W. Calomiris, Charles M. Kahn · Illinois Digital Environment for Access to Learning and Scholarship (University of Illinois at Urbana-Champaign) · 1991 · 1.5K citations · Full text

Business, Economics, Finance +12

Optimal Financial Crises

Franklin Allen, Douglas Gale · The Journal of Finance · 1998 · 1.1K citations

Business, Economics, Finance +17