Anjan Thakor
Institution
Washington University in St Louis
PhD Year
1980
Phone
314-935-7197
thakor@wustl.edu
FTG Membership
Fellow
Website
https://olin.wustl.edu/EN-US/Faculty-Research/Faculty/Pages/FacultyDetail.aspx?username=thakor
Featured Work
Aug 3, 2025
The Color of Finance: Can Bank Capital Requirements Influence Transition to a Green Economy?∗
Using a general equilibrium model in which brown (polluting) and green (clean-energy) firms
compete and seek financing from banks, non-banks, or the capital market, we examine the effects
of higher capital requirements on brown bank loans designed to discourage such lending. Higherquality brown firms leave banks for the market and invest more, increasing competition for green
firms and causing banks financing them to decrease capital...
