Accounting Issues in Macroeconomics
reading group with
Dr S. Cascino and
Dr V. Athanasakou
from
the LSE Department of Accounting
(9-3-2010, Michele)
Dugan J. (2009),
Loan Loss
Provisioning and Pro-cyclicality
(9-3-2010, Michele)
Thornton D. (2009),
The Fed, Liquidity, and Credit Allocation, Federal Reserve Bank of St.
Louis, Review
Short overview of the monetary interventions during the crisis
(8-3-2010, Vasiliki)
Dechow P., Myers L.A. and C. Shakespeare (2010),
Fair value accounting and gains from asset securitizations: A convenient
earnings management tool with compensation side-benefits. Journal of
Accounting and Economics 49, 2-25.
Simple representation of the balance sheet effects of securitizations.
(8-3-2010, Vasiliki)
Landsman W.R., K. Peasnell and K. Shakespeare (2008),
Are asset securitizations sales or loans? The Accounting Review 83(5),
1251-1272.
The substance of securitization transactions.
(25-2-2010, Stefano)
Allen F. and E. Carletti (2008),
The Role of Liquidity in Financial
Crises
(25-2-2010, Stefano)
Allen F. and E. Carletti (2006),
Mark-to-Market Accounting and
Liquidity Pricing
(25-2-2010, Stefano)
Wagner
W. (2004),
The Liquidity of Bank Assets and
Banking Stability
(25-2-2010, Stefano)
Laeven L. and Huizinga H. (2009),
Accounting Discretion of Banks During
a Financial Crisis
(25-2-2010, Stefano)
Galai D., Sulganik E. and Wiener Z. (2003),
Accounting Values versus Market Values
and Earnings Management in Banks
(25-2-2010, Stefano)
Bowen R., Khan U. and Rajgopal S. (2010),
The Economic Consequences of Relaxing
Fair Value Accounting and Impairment Rules on Banks during the Financial Crisis
of 2008-2009
(25-2-2010, Stefano)
Bushman R. and Williams C. (2009),
Accounting Discretion, Loan Loss
Provisioning and Discipline of Banks' Risk-Taking
(25-2-2010, Stefano)
Enria A., Cappiello L., Dierick F., Grittini S., Haralambous A., Maddaloni
A., Molitor P., Pires F. and Poloni P. (2004),
Fair Value Accounting and Financial
Stability
(25-2-2010, Stefano)
Laux C.
and Leuz C. (2009),
The Crisis
of Fair Value Accounting: Making Sense of the Recent Debate
(23-2-2010, Michele)
Bank of England (2009),
The role of macroprudential policy
The importance of a macroprudential perspective in the future banking
regulation
(23-2-2010, Michele)
BIS Consultative Document,
Strengthening the resilience of
the banking sector
In the first 12 pages, overview of the proposals
for the future banking regulation
(23-2-2010, Michele)
Adrian T. and H. Shin (2008),
Liquidity, Monetary Policy, and Financial Cycles
Must read
(23-2-2010, Michele)
Adrian T. and H. Shin (2008),
Liquidity
and Leverage
Basic accounting elements on leverage
pro-cyclicality
(23-2-2010, Michele)
Goodhart C. (2008),
The
background to the 2007 financial crisis
Review of the causes of the crisis
(19-2-2010, Vasiliki)
Zhang J. (2009),
Economic
Consequences of Recognizing Off-balance Sheet Activities
(19-2-2010, Vasiliki)
Beatty A., S. Chamberlain and J. Magliolo (1995),
Managing Financial
Reports of Commercial Banks: The Influence of Taxes, Regulatory Capital, and
Earnings
(19-2-2010, Vasiliki)
Beatty A, B. Ke and K. Petroni (2002),
Earnings Management to Avoid
Earnings Declines across Publicly and Privately Held Banks
(19-2-2010, Vasiliki)
Enron Credit Rating History
(19-2-2010, Vasiliki)
Barclay 1 and
Barclay 2
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