{"id":"https://openalex.org/W2590131141","doi":"https://doi.org/10.1017/s0022109017001132","title":"Short-Term Debt and Bank Risk","display_name":"Short-Term Debt and Bank Risk","publication_year":2018,"publication_date":"2018-03-20","ids":{"openalex":"https://openalex.org/W2590131141","doi":"https://doi.org/10.1017/s0022109017001132","mag":"2590131141"},"language":"en","primary_location":{"id":"doi:10.1017/s0022109017001132","doi":"https://doi.org/10.1017/s0022109017001132","is_oa":false,"landing_page_url":"https://doi.org/10.1017/s0022109017001132","pdf_url":null,"source":{"id":"https://openalex.org/S193228710","display_name":"Journal of Financial and Quantitative Analysis","issn_l":"0022-1090","issn":["0022-1090","1756-6916"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","ft50","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial and Quantitative Analysis","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5057539099","display_name":"Brian Du","orcid":"https://orcid.org/0000-0002-7963-1790","observed_orcids":["https://orcid.org/0000-0002-7963-1790"]},"institutions":[{"id":"https://openalex.org/I184813773","display_name":"California State University, East Bay","ror":"https://ror.org/04jaeba88","country_code":"US","type":"education","lineage":["https://openalex.org/I184813773"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Brian Du","raw_affiliation_strings":["California State University East Bay"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"California State University East Bay","institution_ids":["https://openalex.org/I184813773"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5065591914","display_name":"Darius N. Palia","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I102322142","display_name":"Rutgers, The State University of New Jersey","ror":"https://ror.org/05vt9qd57","country_code":"US","type":"education","lineage":["https://openalex.org/I102322142"]},{"id":"https://openalex.org/I78577930","display_name":"Columbia University","ror":"https://ror.org/00hj8s172","country_code":"US","type":"education","lineage":["https://openalex.org/I78577930"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Darius Palia","raw_affiliation_strings":["Columbia University - Law School","Rutgers University, Newark, School of Business-Newark, Department of Finance & Economics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Columbia University - Law School","institution_ids":["https://openalex.org/I78577930"]},{"raw_affiliation_string":"Rutgers University, Newark, School of Business-Newark, Department of Finance & Economics","institution_ids":["https://openalex.org/I102322142"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":3550,"currency":"USD","value_usd":3550},"apc_paid":null,"fwci":3.2995,"has_fulltext":false,"cited_by_count":24,"citation_normalized_percentile":{"value":0.91946743,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"53","issue":"2","first_page":"815","last_page":"835"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9970999956130981,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9970999956130981,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14154","display_name":"finance, banking, and market dynamics","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/short-term-debt","display_name":"short-term debt","score":0.9950000047683716},{"id":"https://openalex.org/keywords/bank-risk","display_name":"bank risk","score":0.9380000233650208},{"id":"https://openalex.org/keywords/repurchase-agreements","display_name":"repurchase agreements","score":0.9769999980926514},{"id":"https://openalex.org/keywords/repos","display_name":"repos","score":0.9010000228881836},{"id":"https://openalex.org/keywords/bank-financing","display_name":"bank financing","score":0.6759999990463257},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.699999988079071},{"id":"https://openalex.org/keywords/credit-default-swaps","display_name":"credit default swaps","score":0.42800000309944153},{"id":"https://openalex.org/keywords/bank-credit-ratings","display_name":"bank credit ratings","score":0.4180000126361847},{"id":"https://openalex.org/keywords/bank-fragility","display_name":"bank fragility","score":0.32499998807907104}],"concepts":[{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.6411470174789429},{"id":"https://openalex.org/C178300618","wikidata":"https://www.wikidata.org/wiki/Q1898509","display_name":"Extant taxon","level":2,"score":0.6303027868270874},{"id":"https://openalex.org/C42628150","wikidata":"https://www.wikidata.org/wiki/Q169357","display_name":"Repurchase agreement","level":3,"score":0.5869707465171814},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.5798200964927673},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5559669137001038},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.5170584321022034},{"id":"https://openalex.org/C61797465","wikidata":"https://www.wikidata.org/wiki/Q1188986","display_name":"Term (time)","level":2,"score":0.4957038164138794},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.4402361214160919},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3870027959346771},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3459962010383606},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.29309970140457153},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.09973302483558655},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.06312888860702515},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C78458016","wikidata":"https://www.wikidata.org/wiki/Q840400","display_name":"Evolutionary biology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1017/s0022109017001132","doi":"https://doi.org/10.1017/s0022109017001132","is_oa":false,"landing_page_url":"https://doi.org/10.1017/s0022109017001132","pdf_url":null,"source":{"id":"https://openalex.org/S193228710","display_name":"Journal of Financial and Quantitative Analysis","issn_l":"0022-1090","issn":["0022-1090","1756-6916"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","ft50","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial and Quantitative Analysis","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:cup:jfinqa:v:53:y:2018:i:02:p:815-835_00","doi":null,"is_oa":false,"landing_page_url":"https://www.cambridge.org/core/product/identifier/S0022109017001132/type/journal_article","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":57,"referenced_works":["https://openalex.org/W1569887836","https://openalex.org/W1826680698","https://openalex.org/W1993132971","https://openalex.org/W2007659572","https://openalex.org/W2024889806","https://openalex.org/W2028384087","https://openalex.org/W2032605362","https://openalex.org/W2039987590","https://openalex.org/W2048997388","https://openalex.org/W2050247169","https://openalex.org/W2062432064","https://openalex.org/W2085164066","https://openalex.org/W2096304279","https://openalex.org/W2096418800","https://openalex.org/W2107680812","https://openalex.org/W2142889277","https://openalex.org/W2146763023","https://openalex.org/W2154046419","https://openalex.org/W2154117776","https://openalex.org/W2154401967","https://openalex.org/W2154537929","https://openalex.org/W2157509893","https://openalex.org/W2160703630","https://openalex.org/W2166822681","https://openalex.org/W2168732984","https://openalex.org/W2170610810","https://openalex.org/W2285903648","https://openalex.org/W2324557663","https://openalex.org/W2560045471","https://openalex.org/W2595255354","https://openalex.org/W2890942538","https://openalex.org/W3021945653","https://openalex.org/W3022453135","https://openalex.org/W3022900687","https://openalex.org/W3107517059","https://openalex.org/W3121192107","https://openalex.org/W3121214420","https://openalex.org/W3121453444","https://openalex.org/W3121456433","https://openalex.org/W3122053548","https://openalex.org/W3122576247","https://openalex.org/W3122586700","https://openalex.org/W3122978315","https://openalex.org/W3123115626","https://openalex.org/W3124284225","https://openalex.org/W3124363198","https://openalex.org/W3124488620","https://openalex.org/W3125080144","https://openalex.org/W3125688476","https://openalex.org/W3125818157","https://openalex.org/W3126113144","https://openalex.org/W3126116310","https://openalex.org/W4206495155","https://openalex.org/W4229615182","https://openalex.org/W4230327943","https://openalex.org/W4246715751","https://openalex.org/W4254090008"],"related_works":["https://openalex.org/W7042975182","https://openalex.org/W7100003830","https://openalex.org/W3125339642","https://openalex.org/W3122053548","https://openalex.org/W2189602362","https://openalex.org/W2283349437","https://openalex.org/W7098134626","https://openalex.org/W3124206771","https://openalex.org/W1545016592","https://openalex.org/W3156412824"],"abstract_inverted_index":{"The":[0],"extant":[1],"literature":[2],"suggests":[3],"that":[4,32,71],"one":[5],"of":[6,10,19,28],"the":[7,11,16,49,53],"main":[8],"causes":[9],"recent":[12],"financial":[13],"crisis":[14],"was":[15],"excessive":[17],"use":[18],"short-term":[20],"debt":[21],"by":[22,40],"banks.":[23],"Using":[24],"a":[25,57],"large":[26],"sample":[27],"banks,":[29],"we":[30,55],"find":[31,56],"increases":[33],"in":[34,48],"repurchase":[35],"agreements":[36],"(repos)":[37],"were":[38,74],"recognized":[39],"external":[41],"capital":[42],"markets":[43],"to":[44,68,76,85],"increase":[45],"bank":[46],"risk":[47],"pre-crisis":[50],"period.":[51],"In":[52],"crisis,":[54],"negative":[58],"relationship":[59],"between":[60],"repos":[61],"and":[62],"risk.":[63],"We":[64],"attribute":[65],"this":[66],"result":[67],"evidence":[69],"suggesting":[70],"\u201cgood\u201d":[72],"banks":[73,83],"able":[75],"continue":[77],"funding":[78],"their":[79,88],"repos,":[80],"whereas":[81],"\u201cbad\u201d":[82],"had":[84],"significantly":[86],"decrease":[87],"repo":[89],"funding.":[90]},"counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2017-03-03T00:00:00"}