A Theory of Incentives in Regulation and Procurement (with J.-J. Laffont), MIT Press,1993. Description & chapter- preview links. [Архівовано 17 червня 2013 у Wayback Machine.]
The Prudential Regulation of Banks (with M. Dewatripont), MIT Press,1994. [3] [Архівовано 19 жовтня 2014 у Wayback Machine.]
Financial Crises, Liquidity and the International Monetary System, Princeton University Press, 2002 [5] [Архівовано 18 жовтня 2014 у Wayback Machine.].
The Theory of Corporate Finance, Princeton University Press, 2005. Description [Архівовано 18 жовтня 2014 у Wayback Machine.]. Association of American Publishers 2006 Award for Excellence.
Balancing the Banks (with Mathias Dewatripont, and Jean-Charles Rochet), Princeton University Press, 2010 [6] [Архівовано 18 жовтня 2014 у Wayback Machine.].
Inside and Outside Liquidity (with Bengt Holmström), MIT Press, 2011 [7] [Архівовано 14 жовтня 2014 у Wayback Machine.].
"On the Possibility of Speculation under Rational Expectations, " Econometrica, 50: 1163—1181.
"Asset Bubbles and Overlapping Generations, " Econometrica, 53(6): 1499—1528
"Domestic and International Supply of Liquidity, " (with B. Holmström), American Economic Review, Papers & Proceedings, 92: 42-45.
"LAPM: A Liquidity-Based Asset Pricing Model, " (with B. Holmström), Journal of Finance, vol. 56(5): 1837—1867.Smith Breeden award (distinguished paper) of the Journal of Finance
"Modelling Aggregate Liquidity, " (with Bengt Holmström), American Economic Review, Papers and Proceedings, 86: 187—191.
"A Theory of Debt and Equity: Diversity of Securities and Manager-Share- holder Congruence, " (with M. Dewatripont), Quarterly Journal of Economics, 109: 1027—1054.