Viral V. Acharya and Raghuram Rajan. Liquidity, liquidity everywhere, not a drop to use—why flooding banks with central bank reserves may not expand liquidity. Working Paper 29680, National Bureau of Economic Research, January 2022. http://www.nber.org/papers/w29680.
Viral V. Acharya and Sascha Steffen. The “greatest” carry trade ever? Understanding eurozone bank risks. Journal of Financial Economics, 115(2): 215–236, February 2015. doi: 10.1016/j.jfineco.2014.11.004.
Viral V. Acharya, Stephen M. Schaefer, and Yili Zhang. Liquidity risk and correlation risk: a clinical study of the General Motors and Ford downgrade of May 2005, August 2008. https://ssrn.com/abstract=1074783.
Viral V. Acharya, Deniz Anginer, and A. Joseph Warburton. The end of market discipline? Investor expectations of implicit government guarantees. Discussion Paper 17426, CEPR, July 2022. https://cepr.org/publications/dp17426.
Viral V. Acharya, Matteo Crosignani, Tim Eisert, and Sascha Steffen. Zombie lending: theoretical, international, and historical perspectives. Annual Review of Financial Economics, 14(1):21–38, 2023. doi: 10.1146/annurev-financial-111620-114424.
Viral V. Acharya, Rahul S. Chauhan, Raghuram Rajan, and Sascha Steffen. Liquidity dependence and the waxing and waning of central bank balance ...
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