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Presidential address, committing to commit : short-term debt when enforcement is costly

Diamond, Douglas W. - In: The journal of finance : the journal of the American … 59 (2004) 4, pp. 1447-1479

Persistent link: https://www.econbiz.de/10002190593

Financial intermediation as delegated monitoring : a simple example

Diamond, Douglas W. - In: Economic quarterly 82 (1996) 3, pp. 51-66

Persistent link: https://www.econbiz.de/10001209787

Monitoring and reputation : the choice between bank loans and directly placed debt

Diamond, Douglas W. - In: Journal of political economy 99 (1991) 4, pp. 689-721

Persistent link: https://www.econbiz.de/10001109618

Seniority and maturity of debt contracts

Diamond, Douglas W. - In: Journal of financial economics 33 (1993) 3, pp. 341-368

Persistent link: https://www.econbiz.de/10001149423

Liquidity, banks, and markets

Diamond, Douglas W. - In: Journal of political economy 105 (1997) 5, pp. 928-956

Persistent link: https://www.econbiz.de/10001228777

Financial Intermediation as Delegated Monitoring : A Simple Example

Diamond, Douglas W. - 2012

Using a simplified version of the model developed in his 'Financial Intermediation and Delegated Monitoring,' the author explains why investors, instead of lending directly, first lend to banks who then lend to borrowers. His model does three things. It identifies the financial technology that...

Persistent link: https://www.econbiz.de/10013102434