Profile Information

Profile

Dr. Lucy Chernykh is the Wells Fargo Professor of Banking. Her current research focuses on international finance, with primary interest in the Russian banking market and regulation. Her work has been published in the Journal of Financial Economics, Management Science, Review of Corporate Finance Studies, Journal of Corporate Finance, Journal of Banking and Finance, and the Journal of Financial Stability. She has also won several research and teaching awards. Dr. Chernykh has served as an International Finance track chair and Financial Markets and Institutions track chair for the Eastern Finance Association and Southern Finance Association meetings. She also served as a member of the Board of Directors of the Eastern Finance and the Southern Finance Associations.

Research Interests

• Financial stability; Financial regulation; Deposit insurance; Russian banking and financial system

Research Publications

• Chernykh, Lucy; Davydov, Denis; Sihvonen, Jukka (2023). “Financial Stability and Public Confidence in Banks,” forthcoming at the Journal of Financial Stability.
• Chernykh, Lucy and Sergey Mityakov (2022). "Behavior of Corporate Depositors during a Bank Panic," Management Science 68(12), 9129-9151.
• Chernykh, Lucy and Sergey Mityakov (2022). "Do Ex-Bankers Benefit Non-Financial Firms? Evidence from Job Transitions," Review of Corporate Finance Studies 11(2), 364-413.
• Chernykh, Lucy and Vladimir Kotomin (2022). "Risk-based Deposit Insurance, Deposit Rates and Bank Failures: Evidence from Russia," Journal of Banking and Finance 138.
• Chernykh, Lucy and Sergey Mityakov (2017). "Offshore Schemes and Tax Evasion: The Role of Banks," Journal of Financial Economics 126, 516-542.
• Chernykh, Lucy and Rebel A. Cole (2015). "How Should We Measure Bank Capital Adequacy for Triggering Prompt Corrective Action? A (Simple) Proposal," Journal of Financial Stability 20, 131-143.
• Chernykh, Lucy (2014). "Dwarf Banks," Journal of Banking and Finance 38, 31-40.
• Chernykh, Lucy (2011). "Profit or Politics? Understanding Renationalizations in Russia," Journal of Corporate Finance 17, 1237-1253.
• Chernykh, Lucy and Rebel A. Cole (2011). "Does Deposit Insurance Improve Financial Intermediation? Evidence from the Russian Experiment," Journal of Banking and Finance 35, 388-402.
• Chernykh, Lucy and Alexandra K. Theodossiou (2011). " Determinants of Bank Long-Term Lending Behavior: Evidence from Russia," Multinational Finance Journal 15, 193-216.
• Chernykh, Lucy (2008). "Ultimate Ownership and Control in Russia," Journal of Financial Economics 88, 169-192.