Publications by Gary B. Gorton

2013
Agency-Based Asset Pricing
G. B. Gorton, P. He and L. Huang
Journal of Economic Theory
Type: Article
2013
The fundamentals of commodity futures returns
G. B. Gorton, F. Hayashi and G. Rouwenhorst
Review of Finance
Type: Article
2013
The Limitations of Stock Market Efficiency: Price Informativeness and CEO Turnover
G. B. Gorton, L. Huang, and Q. Kang
Type: Working Paper
2013
The Supply and Demand for Safe Assests
G. Gorton and G. Ordonez
Type: Working Paper
2013
2012
Collateral crises
American Economic Review
Type: Article
2012
The Financial Crisis of 2007-2009
G. Gorton and A. Metrick
Type: Working Paper
2012
Getting up to Speed on the Financial Crisis: A One-Weekend-Reader's Guide
A. Metrick & G. Gorton
Journal of Economic Literature
Type: Article
2012
Ignorance, Debt and Financial Crises
Type: Working Paper
2012
Misunderstanding Financial Crises: Why We Don't See Them Coming
G. B. Gorton
Type: Book
2012
The Safe-Asset Share
G. B. Gorton, S. Lewellen and A. Metrick
American Economic Review: Papers and Proceedings
Type: Article
2012
Securitized Banking and the Run on Repo
G. Gorton and A. Metrick
Journal of Financial Economics
Type: Article
2012
Some Reflections on the Recent Financial Crisis
G. B. Gorton
Type: Working Paper
2012
Who Ran on Repo?
G. B. Gorton and A. Metrick
Journal of Financial Intermediation
Type: Article
2012
2011
Bank deregulation, credit markets, and the control of capital
G. B. Gorton and J. G. Haubrich
Carnegie-Rochester Conference Series on Public Policy
Type: Article
2011
Risk Topography
G. Gorton, M. K. Brunnermeier, and A. Krishnamurthy
Type: Working Paper
2011
2010
Questions and Answers about the Financial Crisis
G. Gorton
Type: Working Paper
2010
Regulating the Shadow Banking System
G. Gorton and A. Metrick
Brookings Papers on Economic Activity
Type: Article
2010
Slapped by the Invisible Hand: The Panic of 2007
G. Gorton
Type: Book
2010
2009
Eat or be eaten: A theory of mergers and merger waves
G. Gorton, M. Kahl and R. Rosen
Journal of Finance
Type: Article
2009
Haircuts
G. B. Gorton and A. Metrick
Federal Reserve Bank of St. Louis, Review
Type: Article
2009
Information, liquidity, and the (ongoing) panic of 2007
G. B. Gorton
American Economic Review, Papers and Proceedings
Type: Article
2009
The Subprime Panic*
G. Gorton
European Financial Management
Type: Article
2009
2008
Bank credit cycles
G. B. Gorton and P. He
The Review of Economic Studies
Type: Article
2008
Fooling some of the people all of the time: the inefficient performance and persistence of Commodity Trading Advisors
G. Rouwenhorst, G. Bhardwaj, and G. Gorton
Type: Working Paper
2008
The panic of 2007
G. B. Gorton
Maintaining Stability in a Changing Financial System
Type: Article
2008
2007
Banks, banking, and crises
G. Gorton
NBER Reporter Online
Type: Article
2007
SEC Regulation Fair Disclosure, information, and the cost of capital
A. Gomes, G. Gorton and L. Madureira
Journal of Corporate Finance
Type: Article
2007
Special purpose vehicles and securitization
G. B. Gorton and N. S. Souleles
The Risks of Financial Institutions
Type: Article
2007
2006
Commodity Futures: A Japanese Perspective
G. Gorton, F. Hayashi and G. Rouwenhorst
Gendai Fainansu
Type: Article
2006
Securitization
G. Gorton and A. Metrick
The Risks of Financial Institutions
Type: Article
2006
2005
Equilibrium investment and asset prices under imperfect corporate control
J. Dow, G. Gorton and A. Krishnamurthy
American Economic Review
Type: Article
2005
A Note on Erb and Harvey
G. Rouwenhorst and G. Gorton
Type: Working Paper
2005
2004
Facts and fantasies about commodity futures
G. Gorton and G. Rouwenhorst
Financial Analysts Journal
Type: Article
2004
Liquidity, efficiency and bank bailouts
G. Gorton and L. Huang
American Economic Review
Type: Article
2004
2003
Financial intermediation
G. Gorton and A. Winton
Handbook of the Economics of Finance
Type: Article
2003
2000
The design of bank loan contracts
G. Gorton and J. Kahn
Review of Financial Studies
Type: Article
2000
Universal banking and the performance of German firms
G. Gorton and F. A. Schmid
Journal of Financial Economics
Type: Article
2000
1999
Blockholder identity, equity ownership structures, and hostile takeovers
G. Gorton and M. Kahl
Journal of Financial and Quantitative Analysis
Type: Article
1999
Corporate governance, ownership dispersion and efficiency: Empirical evidence from Austrian cooperative banking
G. Gorton and F. Schmid
Journal of Corporate Finance
Type: Article
1999
1997
Noise trading, delegated portfolio management, and economic welfare
J. Dow and G. Gorton
Journal of Political Economy
Type: Article
1997
Stock market efficiency and economic efficiency: is there a connection?
J. Dow and G. Gorton
The Journal of Finance
Type: Article
1997
1996
Reputation formation in early bank note markets
G. Gorton
Journal of Political Economy
Type: Article
1996
1995
Banks and derivatives
G. Gorton and R. Rosen
NBER Macroeconomics Annual
Type: Article
1995
Banks and loan sales marketing nonmarketable assets
G. B. Gorton and G. G. Pennacchi
Journal of monetary Economics
Type: Article
1995
Corporate control, portfolio choice, and the decline of banking
G. Gorton and R. Rosen
The Journal of Finance
Type: Article
1995
1993
Churning bubbles
F. Allen and G. Gorton
The Review of Economic Studies
Type: Article
1993
Coordination failure, multiple equilibria and economic institutions
H. Bohn and G. Gorton
Economica
Type: Article
1993
Security baskets and index-linked securities
G. B. Gorton and G. G. Pennacchi
Journal of Business
Type: Article
1993
Trading, communication and the response of asset prices to news
J. Dow and G. Gorton
The Economic Journal
Type: Article
1993
1991
Stock price manipulation, market microstructure and asymmetric information
F. Allen and G. Gorton
European Economic Review
Type: Article
1991
1990
Are loan sales really off-balance sheet?
G. Gorton and G. Pennacchi
Off-Balance Sheet Activities
Type: Article
1990
Financial intermediaries and liquidity creation
G. Gorton and G. Pennacchi
The Journal of Finance
Type: Article
1990
The loan sales market
G. Gorton and J. G. Haubrich
Research in Financial Services
Type: Article
1990
Market discipline and bank subordinated debt: Note
G. Gorton and A. M. Santomero
Journal of Money, Credit and Banking
Type: Article
1990
1989
Self-generating trade and rational fads: The response of price to new information
J. Dow and G. Gorton
Type: Book
1989
1986
The paradox of loan sales
G. B. Gorton and J. G. Haubrich
Federal Reserve Bank of Chicago Proceedings
Type: Article
1986
1985
Bank suspension of convertibility
G. Gorton
Journal of Monetary Economics
Type: Article
1985