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1 Securitized Banking and the Run on Repo | NBER
https://www.nber.org/papers/w15223
The Panic of 2007-2008 was a run on the sale and repurchase market (the "repo" market), which is a very large, short-term market that ...
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2 Securitized banking and the run on repo - ScienceDirect.com
https://www.sciencedirect.com/science/article/pii/S0304405X1100081X
A traditional-banking run is driven by the withdrawal of deposits, a securitized-banking run is driven by the withdrawal of repurchase (repo) agreements.
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3 Securitized Banking and the Run on Repo - IDEAS/RePEc
https://ideas.repec.org/h/nbr/nberch/13173.html
Gary Gorton · Andrew Metrick. Abstract. The panic of 2007–2008 was a run on the sale and repurchase market (the repo market), which is a very large, ...
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4 securitization
https://dybfin.wustl.edu/teaching/topicsquantfin19-3/tqf19-3slides/Securitized%20Banking%20and%20the%20Run%20on%20Repo.pptx
Securitized Banking and the Run on Repo. Written by: Gary Gorton and Andrew Metrick. Presented by: Di Zhou. Background. The financial system has changed ...
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5 Discussion: Securitized Banking and the Run on Repo Gary ...
http://www.kentdaniel.net/discuss/2010/gorton_metric_discussion_long.pdf
Bank Runs. Haircuts. Magnitudes. Discussion: Securitized Banking and the Run on Repo. Gary Gorton and Andrew Metric. Kent Daniel1.
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6 Securitized banking and the run on repo - Cal Maritime
https://csu-maritime.primo.exlibrisgroup.com/discovery/fulldisplay?docid=cdi_proquest_miscellaneous_1033286601&context=PC&vid=01CALS_MAL:01CALS_MAL&lang=en&search_scope=MyInst_and_CI&adaptor=Primo%20Central&tab=LibraryCatalog&query=sub%2Cexact%2C%20Repurchase%20%2CAND&mode=advanced
We refer to the combination of securitization plus repo finance as “securitized banking” and argue that these activities were at the nexus of the crisis.
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7 Who Ran on Repo? - NET
https://ypfsresourcelibrary.blob.core.windows.net/fcic/YPFS/Gorton,%20Gary%20and%20Andrew%20Metrick%20Who%20Ran%20On%20Repo%2010-04-2012-updated.pdf
Gorton and Metrick (2010a, 2010b, 2012)) that this "run on repo" played a ... Gorton, Gary and Andrew Metrick 2012, "Securitized Banking and the Run on Repo ...
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8 E-coli, Repo Madness, and the Financial Crisis - JSTOR
https://www.jstor.org/stable/23490990
Oxford University Press. Gorton, Gary, and Metrick, Andrew. 2009a. Securitized. Banking and the Run on Repo, http://papers ...
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9 Repo Markets & Shadow Banking - Research Guides
https://guides.newman.baruch.cuny.edu/repo
Yale ICF Working Paper by Gary B. Gorton, Gary B. and Andrew Metrick, November 2010 examines repo finance during the banking crisis of 2007/8.
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10 Securitized banking and the run on repo $ Gary Gorton a,b,n ...
https://www.studocu.com/en-ie/document/university-college-dublin/portfolio-risk-management/main-reference-paper/17048737
The panic of 2007–2008 was a run on the sale and repurchase market (the repo market), which is a very large, short-term market that provides financing for a ...
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11 Securitized Banking and the Run on Repo - Overton
https://app.overton.io/document.php?policy_document_id=nber-743279c5fc3c8e446eea813a0939c50b
Securitized Banking and the Run on Repo. ... Gorton, Gary B and Metrick, Andrew ... in the volatility of the underlying collateral (for repo haircuts) ...
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12 Andersons Policy Bulletin
https://aede.osu.edu/sites/aede/files/publication_files/Why%20Regulate%20Shadow%20Banking.pdf
Historically one can think of a bank-run as a ... Shadow banking, or securitized banking. (Gorton and Metrick ... in repo agreements (Gorton and Metrick,.
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13 Securitized banking and the run on repo - 百度学术
http://a.xueshu.baidu.com/usercenter/paper/show?paperid=94dd7573413837fcbb0089b2bdc7abb9
Gorton and Metrick (J Financ Econ 104:425鈥, 2012) coin the term 鈥渟ecuritized banking鈥to refer to the combination of asset securitization activity along... B ...
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14 35. Was a 'run on repo' the cause of the Great Financial Crisis ...
https://www.icmagroup.org/market-practice-and-regulatory-policy/repo-and-collateral-markets/icma-ercc-publications/frequently-asked-questions-on-repo/35-was-a-run-on-repo-the-cause-of-the-great-financial-crisis-in-2007/
Securitized banking is defined as the business of packaging and re-selling loans, with repo as the source of funding. Gorton and Metrick propose that ...
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15 Regulating the Shadow Banking System [with Comments and ...
https://ccl.yale.edu/sites/default/files/files/Metrick_Andrew%20(Regulating%20the%20Shadow%20Banking%20System).pdf
Author(s): GARY GORTON, ANDREW METRICK, ANDREI SHLEIFER and DANIEL K. TARULLO ... combination of repos and securitization as "securitized banking.
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16 Securitized banking and the run on repo - Catalog - UW-Madison ...
https://search.library.wisc.edu/catalog/ocn430837771
Author / Creator: Gorton, Gary ... The Panic of 2007-2008 was a run on the sale and repurchase market (the ... Creator: Gary B. Gorton, Andrew Metrick.
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17 The Run on Repo and Bank Stock Returns by The Yale ... - Issuu
https://issuu.com/theyurj/docs/repo
Accordof the sale and repurchase agreement market on bank performance ing to Gorton and Metrick (2009), securitized banking activities ...
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18 C Recent developments in euro area repo markets, regulatory ...
https://www.ecb.europa.eu/pub/pdf/fsr/art/ecb.fsrart201711_03.en.pdf
the provision of repo services by euro area banks have not been material. ... and Gorton, G. and Metrick, A., “Securitized Banking and the Run on Repo”,.
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19 The Repurchase Agreement (Repo) Market
https://assets.euromoneydigital.com/pdfsiflr/wAcharya-Oncu_Regulating-Wall-Street_ch11_The-Repurchase-Agreement-Repo-Market.pdf
size of the repo market. However, Gorton and Metrick (2009a) and also ... that may prevent a bank run on tri-party repos.12 In Box 11.2, we present.
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20 The Case of the Repo Market
https://www.ijcb.org/journal/ijcb13q0a15.pdf
Securitized banking, to use the terminology of Gorton and Metrick (2009), has grown enormously in recent decades. Non-bank financial institutions, and.
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21 Haircuts - Federal Reserve Bank of St. Louis
https://files.stlouisfed.org/files/htdocs/publications/review/10/11/Gorton.pdf
2010, and Gorton and Metrick, 2009).1 The aver- ... below, the collateral is often securitized bonds ... “Securitized Banking and the Run on Repo.
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22 Banking on Bonds: The New Links Between States and Markets*
https://www.bu.edu/pardeeschool/files/2014/12/Banking-on-Bonds.-The-New-Links-Between-States-and.-Ban.Gabol_.pdf
importance for shadow banking: securitization and repo markets (FSB, ... market (Gorton and Metrick, 2012; Constâncio, 2012), central banks across the world.
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23 Gary B. Gorton - Semantic Scholar
https://www.semanticscholar.org/author/Gary-B.-Gorton/2675724
Securitized Banking and the Run on Repo · Gary B. Gorton, Andrew Metrick. Economics. 1 August 2009. The Panic of 2007-2008 was a run on the sale and ...
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24 Repo and Securities Lending
https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr529.pdf
Gorton, G. B. and A. Metrick (2012) “Securitized Banking and the Run on Repo,” Journal of. Financial Economics 104(3) pp. 425–451.
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25 Vice Chairman Stanley Fischer - Federal Reserve Board
https://www.federalreserve.gov/newsevents/speech/fischer20150330a.pdf
both banks and nonbanks. See Gary Gorton and Andrew Metrick (2012), “Securitized Banking and the. Run on Repo,” Journal of Financial ...
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26 The Impact of Securitization and Bank Liquidity Shocks on ...
https://scholarworks.utrgv.edu/cgi/viewcontent.cgi?article=1117&context=ef_fac
The work of Gorton and. Metrick (2012) implies that traditional bank run on deposits that disrupted the banking system dating back to the days of the ...
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27 What drives repo haircuts? Evidence from the UK market
https://www.bis.org/publ/work1027.pdf
The run on repo and the Fed's response. Journal of Financial Stability 48(C). Gorton, G. and A. Metrick (2012). Securitized banking and the run on repo.
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28 The Repo Market in Mexico: Empirics and stylized facts - CEMLA
https://www.cemla.org/actividades/2019-final/2019-09-financial-markets/2019-09-financial-markets-11.pdf
phenomenon during the Great Financial Crisis. 7. *Gorton and Metrick, Securitized Banking and the Run on Repo, NBER, 2010.
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29 The Global Pandemic and Run on Shadow Banks
https://www.kansascityfed.org/research/economic-bulletin/global-pandemic-run-shadow-banks-2020/
Gorton, Gary, and Andrew Metrick. 2012. “External LinkSecuritized Banking and the Run on Repo.” Journal of Financial Economics, vol. 104, no. 3, ...
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30 Securitized Banking and the Run on Repo - ppt download
https://slideplayer.com/slide/17618030/
Background The financial system has changed dramatically since the establishment of banking insurance in the US about 75 years ago. The establishment of the ...
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31 Short-Term Debt and Bank Risk | Columbia Law School
https://web.law.columbia.edu/sites/default/files/legacy/files/lawcal/20150319_palia_short-term_debt_and_bank_risk.pdf
The importance of repos to increasing bank risk is consistent with the argument of Gorton and Metrick (2012a, b) who found a significant “run” in the repo ...
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32 Repo Runs - Centre for Economic Performance
https://cep.lse.ac.uk/seminarpapers/13-05-10-ELT.pdf
Our paper is complementary to Gorton and Metrick (2009), who point ... “securitized banking", as they call it, have counterparts in commercial bank-.
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33 What Is Shadow Banking? - Stijn Claessens and Lev Ratnovski
https://www.imf.org/external/pubs/ft/wp/2014/wp1425.pdf
operations of dealer banks, repos, etc., operate within banks, ... Gorton, G., and A. Metrick, 2012, “Securitized Banking and the Run on Repo,” Journal of.
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34 Regulating in the Shadows: Systemic Moral Hazard and the ...
https://www.law.ua.edu/pubs/lrarticles/Volume%2063/Issue%202/Gubler.pdf
the recent financial crisis was an old-fashioned bank run of the ... Gorton & Andrew Metrick, Securitized Banking and the Run on Repo (Yale.
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35 SECURITIZATION AS A TOOL OF BANK LIQUIDITY AND ...
https://bibliotekanauki.pl/articles/1597408.pdf
Securitization became a dominant form of secured bank funding before the crisis not only ... Gorton and Metrick (2009) suggest a run in the repo market as a ...
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36 Loan Terms and Collateral: Evidence from the Bilateral Repo ...
https://onlinelibrary.wiley.com/doi/pdf/10.1111/jofi.13184
Gorton and Metrick (2012) show a clear hike in margins in the bilateral mar- ... Gorton, Gary and Andrew Metrick, 2012, Securitized banking and the run.
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37 Ekonomi-tek » Makale » The Run On Repo and the Liquidity ...
https://dergipark.org.tr/tr/pub/ekonomitek/issue/61960/927175
The Run On Repo and the Liquidity Shortage Problems of the Current Global ... Gorton, G. and A. Metrick, (2010), “Securitized Banking and the Run on Repo,” ...
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38 Repo Runs
https://www.tse-fr.eu/sites/default/files/medias/stories/SEMIN_09_10/FINANCE/vonthadden.pdf
Our paper is complementary to Gorton and Metrick (2009), who point out the similarity between traditional bank runs and repo market instability.
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39 Repo funding and internal capital markets in the financial crisis
https://www.bundesbank.de/resource/blob/703740/d0dd86728788b52d29b0274b5b912a2b/mL/2013-04-29-dkp-16-data.pdf
AND METRICK (2012) argue that securitized banking was the key financial market ... The run on repo funding markets (as described, for example, by GORTON AND ...
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40 The Financial Crisis - cloudfront.net
https://d32ogoqmya1dw8.cloudfront.net/files/econ/2yc/0518webinar/financial_crisis.pdf
There is a bank run. ... All financial crises are bank runs. ... “Securitized Banking and the Run on Repo,” Gorton and Metrick.
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41 Working Papers | Cato Institute
https://www.cato.org/regulation/summer-2010/book-review-working-papers-shadow-banking-financial-crisis
But in the fall of 2008, an old‐​fashioned bank run occurred in the repo market. A bank run is a systematic withdrawal of demand deposits from the banking ...
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42 Tri-Party Repo Pricing | Journal of Financial and Quantitative ...
https://www.cambridge.org/core/journals/journal-of-financial-and-quantitative-analysis/article/triparty-repo-pricing/889157AD3287A70C61FF7CF967E8A250
Tri-Party Repo Pricing - Volume 56 Issue 1. ... Gorton, G., and Metrick, A.. “Haircuts.” Federal Reserve Bank ... “Securitized Banking and the Run on Repo.
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43 2010-0227-Gorton.pdf - Financial Crisis Inquiry Commission
https://fcic-static.law.stanford.edu/cdn_media/fcic-testimony/2010-0227-Gorton.pdf
Collateral for repo was, to a large extent, securitized ... or that of 1837, 1857, 1873 and so on) in that it was not a mass run on banks by.
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44 Securitization as a tool of bank liquidity and funding ...
https://www.econstor.eu/bitstream/10419/147054/1/769127959.pdf
Securitization Data Reports (www.afme.eu). Gorton and Metrick (2009) suggest a run in the repo market as a fundamental reason for the.
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45 Gary Gorton Expands His Haircut Run Theory | Seeking Alpha
https://seekingalpha.com/article/156719-gary-gorton-expands-his-haircut-run-theory
In Securitized Banking and the Run on Repo, Gorton and colleague Andrew Metrick (great economist name) go over the basic idea of how repo haircuts relate to ...
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46 The Repo as a Part of Shadow Banking. An Empirical ... - GRIN
https://www.grin.com/document/301171
Two academics, Gary Gorton and Andrew Metrick (2012) of Harvard University, coined the term that the 'run on repo' could have caused the financial crisis in ...
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47 Slapped in the Face by the Invisible Hand
https://www.atlantafed.org/-/media/documents/news/conferences/2009/financial-markets-conference/gorton.pdf
7 To understand that this was an issue historically, one need recall the Free Banking Era; see Gorton (1996, 1999). 8 Though prior to the run on repo, ...
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48 Repo Haircuts and Economic Capital: A Theory of Repo Pricing
https://arxiv.org/pdf/1604.05404
Gorton and Metrick (2012) present evidence that repo haircuts increased dramatically in ... Securitized Banking and the Run on Repo, Journal of Financial.
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49 Liquidity backstops and dynamic debt runs - PMC - NCBI
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7185022/
In early 2008 the ARS market suffered a run as banks started to cut ... Gorton G., Metrick A. Securitized banking and the run on repo.
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50 Canadian Repo Market Ecology - Bank of Canada
https://www.bankofcanada.ca/wp-content/uploads/2016/03/sdp2016-8.pdf
Bank of Canada Financial System Review (December): 41–46. Gorton, G. and A. Metrick. 2012. “Securitized Banking and the Run on Repo.
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51 Repo Markets Across the Atlantic: Similar but unalike - ORBi lu
https://orbilu.uni.lu/bitstream/10993/38567/1/SSRN-id3165720.pdf
Gorton and Andrew Metrick, "Securitized Banking and the Run on Repo," Journal of Financial Economics 104, no. 3 (2012).; Gary B. Gorton, Slapped by the ...
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52 Bankruptcy-Proof Finance and the Supply of Liquidity
https://www.yalelawjournal.org/pdf/1116_n9459sko.pdf
safe harbors for repurchase agreements (repos) and derivatives, ... Gorton & Andrew Metrick, Securitized Banking and the Run on Repo, 104 J.
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53 The Macroprudential Regulation of Shadow Banking
https://www.cdhowe.org/sites/default/files/attachments/research_papers/mixed/Commentary_361.pdf
To mitigate the risks of another run on the shadow banking system greatly amplifying ... the securitization process, and repurchase (“repo”) markets for the ...
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54 Making Markets | Principles of Financial Regulation
https://academic.oup.com/book/35860/chapter/308568305
Source: G Gorton and A Metrick, 'Securitized Banking and the Run on Repo' (2012) NBER Working Paper No 15223, Figure 7. Two important sources of wholesale ...
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55 A Securitization-based Model of Shadow Banking ... - SUERF
https://www.suerf.org/doc/doc_35f4a8d465e6e1edc05f3d8ab658c551_5841_suerf.pdf
1Gorton and Metrick (2010, 2012). 1. Page 2. The securitized credit intermediation process is the backbone of the modern forms ...
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56 Introduction to the Shadow Banking System
https://repositorio-aberto.up.pt/bitstream/10216/63683/2/Introduction%20to%20the%20Shadow%20Banking%20System.pdf
of the securitization process, which is a vital part of the repo market, is located (issued) in a shadow infrastructure? Gorton & Metrick (2009) affirm that ...
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57 Questioni di Economia e Finanza - (Occasional Papers)
https://www.bancaditalia.it/pubblicazioni/qef/2017-0403/QEF_403.pdf
from non-bank financial intermediation (Gorton and Metrick, 2012; ... G. and Metrick, A. (2012), “Securitized Banking and the Run on Repo”, Journal of.
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58 Securitized Banking and the Run on Repo - SlideServe
https://www.slideserve.com/ziarre/a-survey-paper-on-2007-subprime-mortgage-financial-crisis
Securitized Banking and the Run on Repo. Written by: Gary Gorton and Andrew Metrick Presented by: Di Zhou. Background.
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59 Out from the Shadows: The Run on Shadow Banking and a ...
https://www.richmondfed.org/-/media/RichmondFedOrg/publications/research/econ_focus/2010/q3/pdf/feature3.pdf
Raghuram Rajan.” December 2009. Gorton, Gary, and Andrew Metrick. “Securitized Banking and the. Run on Repo.” NBER Working Paper No. 15223, August 2009.
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60 ‪Gary Gorton‬ - ‪Google Scholar‬
https://scholar.google.com/citations?user=gUmhh8EAAAAJ&hl=en
Securitized banking and the run on repo. G Gorton, A Metrick. Journal of Financial Economics, 2012. 2796, 2012. Facts and fantasies about commodity futures.
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61 Sizing Up Repo ∗
https://lamfin.arizona.edu/fixi/creditmod/KrishnaNagelOrlov12.pdf
“run on repo” very much akin to the runs on commercial banks that ... repo market (see Geanakoplos (2009); Gorton and Metrick (2010b); ...
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62 Regulating the shadow banking system - Document - Gale
https://go.gale.com/ps/i.do?id=GALE%7CA253535529&sid=googleScholar&v=2.1&it=r&linkaccess=abs&issn=00072303&p=AONE&sw=w
MMMFs, securitization, and repos are key elements of what has been called ... In Gorton and Metrick (forthcoming), we claim that the resulting run on repos ...
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63 12367-05b_Gorton comments.qxd
https://scholar.harvard.edu/files/shleifer/files/shleifer_brookings_comments_on_gorton_metrick.pdf
of the shadow banking system is securitization, the paper goes on to ... Gorton and Metrick's third assumption, namely, that repo financing of.
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64 Staff Working Paper No. 985 - What drives repo haircuts ...
https://www.bankofengland.co.uk/-/media/boe/files/working-paper/2022/what-drives-repo-haircuts-evidence-from-the-uk-market.pdf
Banks intermediate repo liquidity among different counterparties ... Gorton and Metrick (2012) argue that the repo market experienced a run during that ...
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65 -1- Securitization without risk transfera Viral V. Acharyab ...
https://www.stern.nyu.edu/sites/default/files/assets/documents/con_039450.pdf
Unpublished working paper, Yale University. Gorton, G., Metrick, A., 2011. Securitized banking and the run on repo. Journal of Financial Economics,.
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66 Around the period of 2007-2008, the world faced a horrifying ...
https://www.essex.ac.uk/-/media/documents/departments/economics/chirambo-eesj-s15.pdf?la=en
repo”. Describe in detail how a bank run arises. Explain the liquidity ... Gorton, G., and A. Metrick (2012), “Securitized Banking and the Run on Repo,” ...
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67 Regulatory Arbitrage in Repo Markets
https://financialresearch.gov/working-papers/files/OFRwp-2015-22_Repo-Arbitrage.pdf
The repo market is a form of securitized banking that provides ... 1See for example Gorton and Metrick (2012), Krishnamurthy, Nagel, ...
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68 The World of Shadow Banking: An Examination of Non-Bank ...
https://egrove.olemiss.edu/cgi/viewcontent.cgi?article=3187&context=hon_thesis
2010/201 Ob_bpea_gorton.pdf. Gorton, G., & Metrick, A. (2012). Securitized banking and the run on repo. Journal of. Financial Economics. Gorton, G. (2010).
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69 Short-Term Debt and Bank Risk - Sites@Rutgers
https://sites.rutgers.edu/darius-palia/wp-content/uploads/sites/218/2019/07/JFQA_2018.pdf
Gorton and Metrick (2012a) show that overreliance on repos, and the sub- sequent run in the repo market, was a main cause for the recent financial cri- sis.
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70 Repo Market: What It Is and Recent Developments Within
https://www.snoqap.com/posts/2019/10/22/hh9wcwj0vr1iwp0rprkv5lp7e0thrr
Gary B. Gorton & Andrew Metrick, 2009. "Securitized Banking and the Run on Repo," NBER Working Papers 15223, National Bureau of Economic ...
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71 The Impact of Capital Regulation on Bank Involvement in ...
https://repub.eur.nl/pub/114737/PROEF-20Ifrah-20Jameel-20BW.pdf
Stability Regulation' (2012) 127 The Quarterly Journal of Economics 57; Gorton and Metrick,. 'Securitized Banking and the Run on Repo'; VV Acharya and ...
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72 Lecture4MarkoseMoney Markets and Run on Repo (1).docx
https://www.coursehero.com/file/171943366/Lecture4MarkoseMoney-Markets-and-Run-on-Repo-1docx/
... G.. and Metrick, A. (2009), Securitized Banking and the Run on Repo, ... of the central bank in the moneymarkets Analysis: “Run on Repo “(Gary Gorton) ...
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73 Background document on procyclicality of haircuts
https://www.fsb.org/wp-content/uploads/r_141013b.pdf
Gorton, Gary, and Andrew Metrick (2011), Securitized Banking and the Run on Repo,. Journal of Financial Economics, Vol. 104, Issue 3, June.
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74 Marc Jarsulic Chief Economist Better Markets, Inc. Testimony on “Is ...
https://www.banking.senate.gov/download/050912jarsulic-testimony
The very largest bank holding companies are now distinctly different from the ... G. Gorton and A. Metrick, Securitized Banking and the Run on Repo, 12.
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75 Shadow Banking - Macro-Modelling
https://cpb-us-w2.wpmucdn.com/web.sas.upenn.edu/dist/7/542/files/2019/11/Shadow_244.pdf
Based on Gorton and Metrick (2011) ... The crisis was just another ”Bank Run”. ... Increases in repo haircuts are withdrawals from securitized banks, a.
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76 Liquidity: How Banks Create It and How It Should Be Regulated
https://wifpr.wharton.upenn.edu/wp-content/uploads/2021/07/13-32.pdf
securitization makes banks more susceptible to funding shocks when the ... Gorton and Metrick (2012) for evidence on a “run on repos”34 and Covitz, Liang, ...
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77 ‪Gary Gorton‬ - ‫الباحث العلمي من Google‬
https://scholar.google.ca/citations?user=gUmhh8EAAAAJ&hl=ar
Securitized banking and the run on repo‏. G Gorton, A Metrick‏. Journal of Financial Economics, 2012‏. 2812, 2012 ; Facts and fantasies about commodity futures‏.
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78 Securing Repo: Counterparty Risk and Collateral Supply ...
https://digitalcommons.sacredheart.edu/cgi/viewcontent.cgi?article=1026&context=wcob_theses
Because repo markets have grown much faster than bank deposits in recent years, ... Gorton & Metrick (2012) find significant evidence of a run on repo in ...
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79 Six repo myths debunked - IFLR
https://www.iflr.com/article/2a63lo2ebm75q32h0bke8/six-repo-myths-debunked
Gary Gorton and Andrew Metrick's pivotal research paper 'Securitized banking and the run on repo' showed that the bilateral interdealer ...
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80 poster Securitization Salzburgo - UPV/EHU
http://www.ehu.eus/miguelangel.pena/posterSecuritizationSalzburgo.pdf
Gorton and Metrick ... [Ntranches] and the yield provided by the triple-A securitization issues [Yield_AAA] ... Securitized banking and the run on repo.
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81 Liberty Street Economics blog post: the US repo market is a lot ...
https://finadium.com/liberty-street-economics-blog-post-the-us-repo-market-in-the-us-is-a-lot-smaller-than-we-thought/
These numbers came from a well known paper by Gorton and Metrick “Securitized Banking and the Run on Repo”, Jan. 2009, revised Nov.
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82 Are there too many safe securities? Securitization and the ...
https://www.hbs.edu/ris/download.aspx?name=info_tranching_paper_20120914.pdf
Gorton, Gary and Andrew Metrick. “Securitized Banking and the Run on Repo,”Journal of Financial. Economics, 2011. Gorton, Gary and George Pennacchi.
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83 Securitized banking and interest rate sensitivity ...
https://www.springerprofessional.de/en/securitized-banking-and-interest-rate-sensitivity/16602636
Gorton and Metrick (J Financ Econ 104:425–451, 2012) coin the term “securitized banking” to refer to the combination of asset securitization activity.
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84 Regulating the Shadow Banking System - Berkeley Law
https://www.law.berkeley.edu/files/bclbe/Gorton-_Regulating_the_Shadow_Banking_System.pdf
In Gorton and Metrick (2010a), we claim that the resulting “run on repo” was a key propagation mechanism in the financial crisis.
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85 Liquidity Risk and Credit in the Financial Crisis
https://www.frbsf.org/economic-research/publications/economic-letter/2012/may/liquidity-risk-credit-financial-crisis/
Gorton, Gary, and Andrew Metrick. 2011. “Securitized Banking and the Run on the Repo.” Journal of Financial Economics 104(3), pp. 425–451.
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86 Crashed: How a Decade of Financial Crises Changed the World
https://books.google.com/books?id=om2mDwAAQBAJ&pg=PA633&lpg=PA633&dq=securitized+banking+and+the+run+on+repo+gorton+metrick&source=bl&ots=EBUOIagAP4&sig=ACfU3U1jk8ga72aADgNh9s2FfVV3dsp1AQ&hl=en&sa=X&ved=2ahUKEwjgu5GlweT7AhUpkIkEHV5oBGkQ6AF6BQjRAhAD
The significance of runs in triparty repo , bilateral repo and ABCP markets is debated between G. Gorton and A. Metrick , " Securitized Banking and the Run ...
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87 Profiting Without Producing: How Finance Exploits Us All
https://books.google.com/books?id=77lvDwAAQBAJ&pg=PA278&lpg=PA278&dq=securitized+banking+and+the+run+on+repo+gorton+metrick&source=bl&ots=E1qZZOr888&sig=ACfU3U14Q9L1zfE12dTch4hGsLEtXshugQ&hl=en&sa=X&ved=2ahUKEwjgu5GlweT7AhUpkIkEHV5oBGkQ6AF6BQjQAhAD
Traditional banking stands in contrast to securitized banking; the former is ... Fall 2010; and Gorton and Metrick, Securitized Banking and the Run on Repo, ...
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88 Haircuts
https://leeds-faculty.colorado.edu/bhagat/haircuts.pdf
Gorton and Metrick (2009) label institutions that finance their portfolios of securitized bonds via repo as securitized banks ...
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89 Remarks of Office of Financial Research (OFR) Director Richard ...
https://home.treasury.gov/news/press-releases/jl1960
Gorton, Gary, and Andrew Metrick, 2012, Securitized Banking and the Run on Repo, Journal of Financial Economics 104:3, 425–451, June.
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90 January 14, 2013 Mr. Robert DeV. Frierson Secretary Board ... - FDIC
https://www.fdic.gov/resources/regulations/federal-register-publications/2012/2012-annual-stress-tests-c_01.pdf
htt;p://www.newyorkfed.org/markets/statrel.html. G. Gorton and A Metrick (2010). Securitized Banking and the Run on Repo, available at.
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91 Why Bank Capital Matters - Federal Reserve Vice Chair For ...
https://mondovisione.com/media-and-resources/news/why-bank-capital-matters-federal-reserve-vice-chair-for-supervision-michael-s/
Gorton, G. B., & Metrick, A. (2012). "Securitized Banking and the Run On Repo." Journal of Financial Economics 104 (3): 425–451.
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92 Reform of Two Types of Repo in China's Interbank Bond Market
http://www.jryj.org.cn/EN/abstract/abstract489.shtml
Abstract Repo is an important trading tool of financial institutions, ... and is also one of the main tools of monetary policy operations of central banks.
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93 Why the U.S. Repo Market Blew Up and How to Fix It: QuickTake
https://www.bloomberg.com/news/articles/2020-01-06/why-the-u-s-repo-market-blew-up-and-how-to-fix-it-quicktake
For years, central banks around the globe have used their own repo markets to temporarily extend credit in tight markets, stabilize financing ...
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