prof. dr. T. (Tanju) Yorulmazer
Faculty of Economics and Business
Plantage Muidergracht 12 Room number: M3.16
1001 NL Amsterdam
Professor of Financial Institutions, Markets and Regulation
Financial Economics, Financial Institutions, Banking, Liquidity
Ph.D. in Economics, New York University, 2003
Thesis: Essays on Bank Runs, Contagion and Systemic Risk
Committee: Douglas Gale (Chair), Franklin Allen, Andrew Schotter
On the Financing of Loss-Absorbing Claims: Financial Markets, Short-Term Debt, and Information Contagion (with Stephan Luck and Paul Schempp)
“Stability of Funding Models: An Analytical Framework” with Thomas Eisenbach, Todd Keister and Jamie McAndrews. Federal Reserve Bank of New York Economic Policy Review, Special Issue on the Stability of Funding Models, 2014, 20 (1), 29-47.
“What Makes Large Bank Failures so Messy and What to Do About It?” with Jamie McAndrews, Don Morgan and Joao Santos. Federal Reserve Bank of New York Economic Policy Review, Special Issue on Large and Complex Banks, 2014, 16 (2).
“A Theory of Arbitrage Capital”, with Viral Acharya and Hyun Shin, Review of Corporate Finance Studies, 2(1), 2013, 62-97.
“Fire-sale FDI”, with Viral Acharya and Hyun Shin, Korean Economic Review, 27(2), 2011, 163-202.
“Rollover Risk and Market Freezes”, with Viral Acharya and Douglas Gale, Journal of Finance, 66(4), 2011, 1177-1209.
“Crisis Resolution and Bank Liquidity”, with Viral Acharya and Hyun Shin, Review of Financial Studies, 24(6), 2011, 2121-2165.
“Liquidity, Bank Runs and Bailouts: Spillover Effects during the Northern Rock Episode”, with Paul Goldsmith-Pinkham, Journal of Financial Services Research, 37(2-3), 2010, 83-98 (lead article).
“Systemic Risk and Deposit Insurance Premiums”, with Viral Acharya and Joao Santos. Federal Reserve Bank of New York Economic Policy Review, Special Issue on Central Bank Liquidity Tools and Perspectives on Regulatory Reform, 2010, 16 (1), 89-99.
“On the Dynamics and Severity of Bank Runs: An Experimental Study”, with Andrew Schotter, Journal of Financial Intermediation, 18(2), 2009, 217-241.
“Cash-in-the-Market Pricing and Optimal Resolution of Bank Failures”, with Viral Acharya, Review of Financial Studies, 21(6), 2008, 2705-42 (Reprinted in Handbook on Liquidity and Crises, Franklin Allen, Elena Carletti, Jan-Pieter Krahnen and Marcell Tyrell, eds., Oxford University Press).
“Information Contagion and Bank Herding”, with Viral Acharya, Journal of Money, Credit and Banking, 40(1), 2008, 215-31 (Reprinted in Handbook on Liquidity and Crises, Franklin Allen, Elena Carletti, Jan-Pieter Krahnen and Marcell Tyrell, eds., Oxford University Press).
“Too Many to Fail – An Analysis of Time Inconsistency in Bank Closure Policies”, with Viral Acharya, Journal of Financial Intermediation, 16(1), 2007, 1-31 (lead article) (Runner up for the Journal of Financial Intermediation Best Paper Prize in 2007).
“Network Models and Financial Stability”, with Amadeo Alentorn, Erlend Nier and Jing Yang, Journal of Economic Dynamics and Control, 31(6), 2007, 2033-60.
- No ancillary activities