Research | Suresh Sundaresan

Working Papers

1 / Liquidity Regulation and Banks: Theory and Evidence

with Kairong Xiao.

Revise and Resubmit Journal of Financial Economics

2 / LOLR Policies, Banks' Borrowing Capacities and Funding Structures

with Stefano Corradin

Submitted

3 / The Value of a Cure – An Asset Pricing Perspective

with Viral Acharya, Tim Johnson, and Stephen Zhang

4 / A Model of Infrastructure Financing

with Viral Acharya and Cecilia Parlatore

Revise and Resubmit Review of Financial Studies

5 / Is Physical Climate Risk Prices? Evidence from Regional Variation in Exposure to Heat Stress

with Viral Acharya, Tim Johnson and Tuomas Tomunen

winner of Jack Treynor Prize (2022)

6 / Corporate Pension Risk Transfers

with Sven Klingler and Michael Moran

Published Papers

7 / Diminishing Treasury Convenience Premiums: Effects of Dealers’ Excess Demand and Balance Sheet Constraints

with Sven Klingler

Journal of Monetary Economics, Forthcoming

8 / Strategic Bank Liability Structure Under Capital Requirements

with Zhenyu Wang

Management Science, Forthcoming

9 / Tax Effects on Bank Liability Structure

with Leonardo Gambacorta, Giacomo Ricotti, and Zhenyu Wang

European Economic Review, (2021) Volume 138, pp 1-21

10 / Underwriting Government Debt Auctions: Auction Choice and Information Production

with Sudip Gupta and Raghu Sundaram

Management Science, (2021) Volume 67, No. 5, pp 3127-3149

11 / Repo Priority Right and the Bankruptcy Code

with Jun Kyung Auh

Critical Finance Review, (2020) Volume 9, No. 1-2, pp 77-114

12 / An Explanation of Negative Swap Spreads: Demand for Duration from Underfunded Pension Plans

with Sven Klingler

Journal of Finance (2019) Volume 74, Issue 2, pp 675-710

13 / Dynamic Investment, Capital Structure, and Debt Overhang

with Neng Wang and Jingqaing Yang

Review of Corporate Finance Studies, (2015) Volume 4, No. 1, pp 1-42 Editor's Choice, Lead article

14 / On the Design of Contingent Capital with a Market Trigger

with Zhenyu Wang

Journal of Finance, (2015) Volume 70, Issue 2, pp 881-920

15 / A Review of Merton's Model of the Firm's Capital Structure with its Wide Applications

Annual Review of Financial Economics, (2013) Volume 5, pp 21-41

16 / Liability Investment with Downside Risk

with Andrew Ang and Bingxu Chen

Journal of Portfolio Management, (2013) Volume 40, 1 pp 71-87

17 / Comment on Securitization Markets and Central Banking: An Evaluation of the Term Asset-Backed Securities Loan Facility (TALF)

Journal of Monetary Economics, (2011) Volume 58, 5 pp 532-535

18 / Managing Corporate Liquidity: Strategies and Pricing Implications

with Mark Broadie and Asvanunt Attakrit

International Journal of Theoretical and Applied Finance, (2011) Volume 14 (3) 369-406

19 / Collateral Values by Asset Class: Evidence from Primary Securities Dealers

with Leonardo Bartolini, Spence Hilton, and Chris Tonneti

Review of Financial Studies, 24 (1) pp 248-278