Viral V Acharya
Biographic Data
| ID | 1620826 |
|---|---|
| NAME | Viral V Acharya |
| GIVEN NAMES | Viral V |
| FAMILY NAME | Acharya |
| SIGNATURE | ACHARYA V V |
| AFFILIATIONS | New York University |
| ORCID | 0000-0002-8925-4239 |
| VERIFIED | Yes |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 11 |
| AUTHOR COUNT | 7 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2005 |
| LATEST PUBLICATION YEAR | 2017 |
| H-INDEX | 1 |
Measuring Systemic Risk
We present an economic model of systemic risk in which undercapitalization of the financial sector as a whole is assumed to harm the real economy, leading to a systemic risk externality. Each financial institution's contribution to systemic risk can be measured as its systemic expected shortfall (SES), that is, its propensity to be undercapitalized when the system as a whole is undercapitalized. SES increases in the institution's leverage and its…
Financial Sector Health Since 2007
Viral V. Acharya, Financial Sector Health Since 2007: A Comparative Analysis of the United States, Europe, and Asia, RSF: The Russell Sage Foundation Journal of the Social Sciences, Vol. 3, No. 1, Financial Reform: Preventing the Next Crisis (January 2017), pp. 122-137
Guaranteed to Fail
Finance and Efficiency
Causes of the Financial Crisis
Why did the popping of the housing bubble bring the financial system - rather than just the housing sector of the economy - to its knees? The answer lies in two methods by which banks had evaded regulatory capital requirements. First, they had temporarily placed assets - such as securitized mortgages - in off-balance-sheet entities, so that they did not have to hold significant capital buffers against them. Second, the capital regulations also al…
Finance and Efficiency
Credit Risk
Causes of the Financial Crisis
Why did the popping of the housing bubble bring the financial system - rather than just the housing sector of the economy - to its knees? The answer lies in two methods by which banks had evaded regulatory capital requirements. First, they had temporarily placed assets - such as securitized mortgages - in off-balance-sheet entities, so that they did not have to hold significant capital buffers against them. Second, the capital regulations also al…
Credit Risk
Finance and Efficiency
Finance and Efficiency
Causes of the Financial Crisis
Why did the popping of the housing bubble bring the financial system - rather than just the housing sector of the economy - to its knees? The answer lies in two methods by which banks had evaded regulatory capital requirements. First, they had temporarily placed assets - such as securitized mortgages - in off-balance-sheet entities, so that they did not have to hold significant capital buffers against them. Second, the capital regulations also al…
Guaranteed to Fail
Measuring Systemic Risk
We present an economic model of systemic risk in which undercapitalization of the financial sector as a whole is assumed to harm the real economy, leading to a systemic risk externality. Each financial institution's contribution to systemic risk can be measured as its systemic expected shortfall (SES), that is, its propensity to be undercapitalized when the system as a whole is undercapitalized. SES increases in the institution's leverage and its…
Financial Sector Health Since 2007
Viral V. Acharya, Financial Sector Health Since 2007: A Comparative Analysis of the United States, Europe, and Asia, RSF: The Russell Sage Foundation Journal of the Social Sciences, Vol. 3, No. 1, Financial Reform: Preventing the Next Crisis (January 2017), pp. 122-137
Banking stability, regulation, efficiency (6 works) · Economics (6 works) · Business (5 works) · Financial crisis (3 works) · Financial system (3 works) · Insurance and Financial Risk Management (3 works) · Computer Science (2 works) · Finance (2 works) · Global Financial Crisis and Policies (2 works) · Housing Market and Economics (2 works)