Systemic risk, international regulation, and the limits of coordination

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Markus K. Brunnermeier, Lasse Heje Pedersen · Review of Financial Studies · 2008 · 4.9K citations

Business, Economics, Finance +14

Credit Cycles

Nobuhiro Kiyotaki, John Moore · Journal of Political Economy · 1997 · 4.7K citations

Social Sciences, Business Economics, Economics +17

Optimal contracts and competitive markets with costly state verification

Robert M. Townsend · Journal of Economic Theory · 1979 · 3.2K citations · Full text

Business, Contract Law, Economics +16

Liquidation Values and Debt Capacity: A Market Equilibrium Approach

Andrei Shleifer, Robert W. Vishny · The Journal of Finance · 1992 · 2.9K citations · Full text

Business, Business Economics, Finance +17

The Debt-Deflation Theory of Great Depressions

Irving Fisher · Econometrica · 1933 · 2.3K citations

Social Sciences, Economics, Finance +6