Research

Working Paper No.

Title

2007-05

Understanding the Subprime Mortgage Crisis (PDF 424 KB)

2007-04

Investigating Output Cycles under Two Alternative Financial Systems (PDF 657 KB)

2007-03

On the Relevance of Credit Market Structure to Monetary Policy (PDF 329 KB)

2007-02

The Future of Small Banks (PDF 754 KB)

2007-01

Gains from Financial Integration in the European Union: Evidence for New and Old Members (PDF 259 KB)

2006-03

U.S. Banking Deregulation and Self-Employment: Discrimination and Inequality (PDF 339 KB)

2006-02

Relationship Loans and Regulatory Capital: Why Fair-Value Accounting is Inappropriate for Bank Loans (PDF 59 KB)

2006-01

U.S. Banking Deregulation and Self-Employment: a Differential Impact on Those in Need (PDF 306 KB)

2005-05

In Search of the Natural Rate of Unemployment (PDF 107 KB)

2005-04

Labor Productivity and Job-Market Flows: Trends, Cycles, and Correlations (PDF 1.1 MB)

2005-03

Consumer-Finance Myths and Other Obstacles to Financial Literacy (PDF 331 KB)

2005-02

Is the Federal Home Loan Bank System Good for Banks? A Look at Evidence on Membership, Advances and Risk (PDF 363 KB)

2005-01

Should the FDIC Worry about the FHLB? The Impact of Federal Home Loan Bank Advances on the Bank Insurance Fund (PDF 917 KB)

2004-07

Are the Causes of Bank Distress Changing? Can Researchers Keep Up? (PDF 441 KB)

2004-06

Executive Compensation at Fannie Mae and Freddie Mac (PDF 93 KB).

(See their article, "Incentives Askew," published in Regulation magazine by the Cato Institute. )

2004-05

The Financial Modernization Act: Evolution or Revolution? (PDF 181 KB)

2004-04

Economies of Integration in Banking:
An Application of the Survivor Principle. (PDF 86 KB)

2004-03

Monetary Policy Actions and the Incentive to Invest (PDF 66KB)

2004-02

A Unified Analysis of Executive Pay: The Case of the Banking Industry (PDF 109KB)

2004-01

When For-Profits and Not-For-Profits Compete: Theory and Empirical Evidence from Retail Banking (PDF 1211KB)

2003-02

Discipline and Liquidity in the Market for Federal Funds (PDF 748KB)

2003-01

How Well Does the Federal Reserve's Economic Value Model Measure the Interest Rate Risk of U.S. Community Banks (PDF 329KB)

2002-11

Community Bank Performance in the Presence of County Economic Shocks (524 KB)

2002-10

Banks Vs. Credit Unions: Dynamic Competition in Local Markets (PDF 337KB)

2002-09

Impact of Alternative Bank Monitoring Policies on Corporate Investment and Financing Decisions (PDF 253 KB)

2002-08

Can Feedback from the Jumbo-CD Market Improve Off-Site Surveillance of Community Banks? (PDF 474KB)

2002-07

Financial Condition of Community Banks (PDF 227KB)

2002-06

What Can Bank Supervisors Learn from Equity Markets? A Comparison of the Factors Affecting Market-based Risk Measures and BOPEC Scores (PDF 293KB)

2002-05

Do Jumbo-CD Holders Care about Anything? (PDF 236KB)

2002-04

Did FDICIA Enhance Market Discipline on Community Banks? A Look at Evidence from the Jumbo-CD Market (PDF 278KB)

2002-03

The Demise of Community Banks? Local Economic Shocks Aren't to Blame (PDF 791KB)

2002-02

Scale Economies and Geographic Diversification as Forces Driving Community Bank Mergers (PDF 1.7MB)

1998-01

Dividends, Stock Repurchases and Signaling: Evidence From U.S. Panel Data (PDF 85 KB)