Anderson, Ronald


Professor Emeritus Ronald Anderson  

Department

Position held

Department of Finance

Emeritus Professor of Finance

Experience keywords:

credit risk; corporate finance; corporate governance; risk management

Research summary > [Click to expand]

At LSE Prof Anderson is co-director of the Financial Markets Group where he heads up the programme on Risk Management and Fixed Income Markets. He has broad interest in the field of financial economics. In recent years much of his work has centred upon dynamic contingent claims analysis both theoretical ("The Design and Valuation of Debt Contracts," (with S.Sundaresan). Review of Financial Studies. (1996)) and empirical ("A Comparative Study of Structural Models of Corporate Bond Yields," Journal of Banking and Finance (joint with S.Sundaresan) 2000). More recently he has been working on models of financial contracting in a dynamic agency framework. He has an active interest in financial institutions. In this field he carried out a study of finance in ex-communist countries (R. Anderson and C.Kegels Transition Banking: The Financial Development of Central and Eastern Europe. Oxford University Press 1998). Currently he is interested in the transition to funded pensions in continental Europe and its implications for financial markets and financial intermediaries.

Languages:

French [Spoken: Fluent, Written: Fluent]

Media experience:

RadioTV

Contact Points

LSE phone number:

020 7955 6204

Publications

The following references are sourced from LSE Research Online|. References that are linked lead to the full text.

2012

Anderson, Ronald W. and Bustamante, Maria Cecilia and Guibaud, Stéphane (2012) Agency, firm growth, and managerial turnover. The London School of Economics and Political Science, London, UK

Anderson, Ronald (2012) Quelles leçons tirer de la grande crise financière de notre temps? Regards economique, (96). pp. 1-8. ISSN 2033-3013

Anderson, Ronald W. and Carverhill, Andrew (2012) Corporate liquidity and capital structure. Review of financial studies, 25 (3). pp. 797-837. ISSN 0893-9454

2011

Anderson, Ronald W. and Carverhill, Andrew (2011) Liquidity and capital structure. Review of financial studies, 25 (3). pp. 797-837. ISSN 0893-9454

Anderson, Ronald W. and Nyborg, Kjell G. (2011) Financing and corporate growth under repeated moral hazard. Journal of financial intermediation, 20 (1). pp. 1-24. ISSN 1042-9573

2010

Anderson, Ronald W. (2010) Credit default swaps: what are the social benefits and costs? Financial stability review, 14 ISSN 1636-6964

2009

Anderson, Ronald W. and Hamadi, Malika (2009) Large powerful shareholders and cash holding. Discussion paper, 631. Financial Markets Group, London School of Economics and Political Science, London, UK

2008

Anderson, Ronald W. (2008) Some determinants of the price of default risk. Discussion paper, 615. Financial Markets Group, London School of Economics and Political Science, London, UK

Anderson, Ronald W. and McKay, Kenneth (2008) Derivatives markets. In: Freixas, Xavier and Hartmann, Philipp and Mayer , Colin, (eds.) Handbook of European financial markets and institutions. Oxford University Press, New York, USA, pp. 568-596. ISBN 9780199229956

2006

Anderson, Ronald W. and Carverhill, Andrew (2006) Liquidity and capital structure. Discussion paper, 573. Financial Markets Group, London School of Economics and Political Science, London, UK

2005

Anderson, Ronald W. and Carverhill, Andrew (2005) A model of corporate liquidity. Discussion paper, 529. Financial Markets Group, London School of Economics and Political Science, London, UK

2002

Anderson, Ronald W. (2002) Capital structure, firm liquidity and growth. National Bank of Belgium

Anderson, Ronald W. (2002) Enterprise restructuring and banking reform: lessons from Eastern Europe since 1990. In: Dwyer, Gerald P. and Lin, Jin-Lung and Shea, Jin-Dong and Wu, Chung-Shu, (eds.) Monetary policy and Taiwan's economy. Edward Elgar, Cheltenham, UK. ISBN 9781840649864

Anderson, Ronald W. and Nyborg, Kjell G. (2002) Agency and the pace of adoption of new techniques. Louvain economic review, 68 (1-2). pp. 203-220. ISSN 0770-4518

2001

Anderson, Ronald W. and Nyborg, Kjell G. (2001) Financial development, agency and the pace of adoption of new techniques. Discussion paper, 389. Financial Markets Group, London School of Economics and Political Science, London, UK

Anderson, Ronald W. and Nyborg, Kjell G. (2001) Financing and corporate growth under repeated moral hazard. Discussion paper, 376. Financial Markets Group, London School of Economics and Political Science, London, UK

Anderson, Ronald W. and Steinherr, Alfred (2001) The next ten years of monetary relations in Asia. In: Lamfalussy, Alexandre and Snoy, Bernard and Wilson, Jérôme, (eds.) Fragility of the international finance system. Peter Lang, Oxford, UK, pp. 61-72. ISBN 9789052019666

2000

Anderson, Ronald W. and Sundaresan, Suresh (2000) A comparative study of structural models of corporate bond yields: an exploratory investigation. Journal of banking & finance, 24 (1-2). pp. 255-269. ISSN 0378-4266

1999

Anderson, Ronald W. and Cakici, Nusret (1999) The value of deposit insurance in the presence of interest rate and credit risk. Financial markets, institutions and instruments, 8 (5). pp. 45-62. ISSN 0963-8008

1998

Anderson, Ronald W. and Kegels, Chantal (1998) Transition banking: financial development of Central and Eastern Europe. Oxford University Press, Oxford, UK. ISBN 9780198290131

1997

Anderson, Ronald W. and Tu, Cheng (1997) Numerical analysis of strategic contingent claims models. Computational economics, 11 (1-2). pp. 3-19. ISSN 0927-7099

1996

Anderson, Ronald W. and Sundaresan, S. (1996) Design and valuation of debt contracts. The review of financial studies, 9 (1). pp. 37-68. ISSN 0893-9454

Anderson, Ronald W. and Sundaresan, Suresh and Tychon, Pierre (1996) Strategic analysis of contingent claims. European economic review, 40 (3-5). pp. 871-881. ISSN 0014-2921

LSE Research Online is the primary resource for references to publications. For queries or updates please email the LSE Research Online team at lseresearchonline@lse.ac.uk|.

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