REFEREED PUBLICATIONS |
"Using Efficient Bank Insolvency Resolution to Solve the Deposit Insurance Problem," Journal of Banking Regulation, October 2006
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"Derivatives and Systemic Risk: Netting, Collateral, and Closeout," Journal of Financial Stability, April 2006 , Co-Authors: Robert Bliss
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"U.S. Corporate and Bank Insolvency Regimes: An Economic Comparison and Evaluation," Economic Perspectives (Federal Reserve Bank of Chicago), 2nd Quarter 2006 , Co-Authors: Robert Bliss
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"Basel vs. PCA: Which Is Best for Public Policy?," Financial Markets, Institutions, and Instruments, November 2005 , Reprinted by Global Risk Regulator, January 2006
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"Bank Crisis Resolution and Foreign-Owned Banks," Economic Review (Federal Reserve Bank of Atlanta), 4th quarter 2005 , Co-Authors: Robert Eisenbeis , Reprinted by Pratt's Journal of Financial Stability, March 2006
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"Macroeconomic Stability, Bank Soundness, and Designing Optimum Regulatory Structures," Multinational Finance Journal , December 2004
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"FDIC Losses in Bank Failures: Has FDICIA Made a Difference," Economic Perspectives (Federal Reserve Bank of Chicago), 3rd Quarter, 2004
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"Banking Regulation and Foreign Owned Banks," Bulletin (Reserve Bank of New Zealand), June 2004
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"Depositor Liquidity and Loss-Sharing in Bank Failure Resolutions," Contemporary Economic Policy, April 2004
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"Bank Procyclicality, Credit Crunches and Asymmetric Monetary Policy Effects: A Unifying Model," Journal of Applied Finance, Vol 13. No. 2 Fall/Winter 2003 , Co-Authors: Robert Bliss
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"Banking Relationships During Financial Distress: The Evidence from Japan," Economic Perspectives (Federal Reserve Bank of Chicago), Third Quarter 2003 , Co-Authors: Elijah Brewer and Hesna Genay
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"The Value of Banking Relationships During a Financial Crisis: Evidence from the Failure of Japanese Banks," Journal of the Japanese and International Economies , September 2003 , Co-Authors: Elijah Brewer, Hesna Genay, and W. Curt Hunter
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"Does the Japanese Stock Market Price Bank Risk: Evidence from Financial Firm Failures," Journal of Money, Credit and Banking, August 2003 , Co-Authors: Elijah Brewer, Hesna Genay, and W. Curt Hunter
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"What is Systemic Risk and Do Bank Regulators Retard or Contribute to it," Independent Review , Winter 2003 , Co-Authors: Kenneth Scott
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"The Use of Economic Analysis and Principles to Affect Public Economic Policy: The Case of the Shadow Financial Regulatory Committee," Business Economics, January 2003
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"Post-Resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises: Systematic Risk, and Too Big to Fail," Economic Perspectives (Federal Reserve Bank of Chicago), Second Quarter 2002 , Co-Authors: Steven Seelig , Reprinted by E. Klein, ed., Global Banking Issues, Nova Science, 2005 and D. Hoelscher, ed., Bank Restructuring and Resolution, Palgrave, 2006
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"The Effect of Credit Risk on Bank and Bank Holding Company Bond Yields: Evidence from the Post-FDICIA Period," Journal of Financial Research, Winter 2002 , Co-Authors: Julapa Jagtiani and Catherine Lemieux
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"Too Big to Fail in Banking: What Remains," Quarterly Review of Economics and Finance, Summer 2002
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"Emerging Economies and International Financial Centers," Review of Pacific Basin Financial Markets and Policies, December 2001
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"The New Safety-Net," Regulation, Summer 2001 , Co-Authors: Peter Wallison
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"The Regulation and Supervision of Banks Around the World: Comment," Brookings-Wharton Papers on Financial Services, 2001
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"How Real is the Risk of Massive Banking Collapse," Regulation, Vol.23, No.1, 2000
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"Banking and Currency Crises and Systemic Risk: A Taxonomy and Review," Financial Markets, Institutions and Instruments, May 2000 , Reprinted by DNB Staff Reports, No. 48, Bank of the Netherlands, 2000
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"Banking Policy: Comments on Wood and Benston," Journal of Financial Services Research, December 2000
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"Banking and Currency Crises and Systemic Risk: Lessons From Recent Events," Economic Perspectives (Federal Reserve Bank of Chicago), Third Quarter 2000
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"The Merton and Scholes Nobel Prize Acceptance Lectures: The Sources Cited," Financial Practice and Education, Fall/Winter 1999
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"The Subsidy Provided by the Federal Safety Net: Theory and Measurement: Comments," Journal of Financial Services Research, September/December 1999
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"Helping to Prevent Banking Crises: Taking the 'State' Out of State Banks," Review of Pacific Basin Financial Markets and Policies, March 1999
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"FDICIA: The Experience to Date," Economic Perspectives (Federal Reserve Bank of Chicago), Second Quarter 1998 , Co-Authors: George Benston
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"Designing an Efficient, Incentive Compatible, Government-Provided Deposit Insurance for Developing and Transitional Economies," Review of Pacific Basin Financial Markets and Policies, March 1998
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"Preventing Banking Crises in the Future: Lessons From Past Mistakes," Independent Review and Review of Monetary and Financial Studies (Japan) , 1997
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"The New Depositor Preference Act: Time Inconsistency in Action," Managerial Finance, Vol. 23, No. 11, 1997
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"FDICIA After Five Years," Journal of Economic Perspectives, Summer 1997 , Co-Authors: George Benston , Reprinted by Maximilian Hall, ed., The Regulation and Supervision of Banks, Edward Elgar, Vol.1, 2001
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"Bank Failures, Systemic Risk, and Bank Regulation," Cato Journal, Spring/Summer 1996 , Reprinted by Executive Finance, (Mexico) June 1997 and in Benton E. Gup, ed., Bank Failures in Major Countries, Quorum Books, 1998
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"The Appropriate Role of Bank Regulation," Economic Journal, May 1996 , Co-Authors: George Benston , Reprinted by Maximilian Hall, ed., The Regulation and Supervision of Banks, Edward Elgar, Vol.1, 2001 and in Beijing Center for Study of Investment Order, Investment Order Review: The New Point of View of Financial Revolution, N.D.
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"Managing Interest Rate Risk with Duration Gaps to Achieve Multiple Targets," Journal of Financial Engineering, March 1996 , Co-Authors: G.O. Bierwag
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"Financial Crises, Payment System Problems and Discount Window Lending: Comment," Journal of Money, Credit and Banking, November 1996
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"Is the Banking and Payments System Fragile," Journal of Financial Services Research, December 1995 , Co-Authors: George J. Benston , Reprinted by Maximilian Hall, ed., The Regulation and Supervision of Banks, Edward Elgar, Vol.1, 2001
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"The U.S. Banking Debacle of the 1980s: A Lesson in Government Mismanagement," The Freeman, April 1995
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"The U.S. Banking Debacle of the 1980s: An Overview and Lessons," The Financier, May 1995
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"FDICIA and Bank Capital," Journal of Banking and Finance , June 1995
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"The Role of Economists in Economic Policy Making," Quarterly Review of Economics and Finance, Summer 1995
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"In Defense of FDICIA," Golembe Reports, Vol. 1994-7, 1994 , Co-Authors: George Benston
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"FDICIA: The Early Evidence," Challenge Magazine, July/August 1994
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"Exploring the Real Interest Rate Puzzle," Quarterly Review of Economics and Finance, Winter 1994 , Co-Authors: Elijah Brewer
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"The Geographic Distribution of Financial Institutions in Chicago," Economic Perspectives (Federal Reserve Bank of Chicago), January/February 1994 , Co-Authors: Larry Mote
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"Is Banking a Declining Industry," Economic Perspectives (Federal Reserve Bank of Chicago), May/June 1994 , Co-Authors: Larry Mote , Reprinted by Peter Rose, ed., Readings in Financial Institutions and Markets, 7th ed., Richard Irwin, 1995 and The Community Banker, First Quarter 1995
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"Bank Contagion: A Review of the Theory and Evidence," Journal of Financial Services Research, April 1994
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"Bank Runs," Fortune Encyclopedia of Economics, 1993
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"Deposit Insurance Reform: A Functional Approach: A Comment," Carnegie-Rochester Conference Series, June 1993 , Co-Authors: George J. Benston , Reprinted by Maximilian Hall, ed., The Regulation and Supervision of Banks, Edward Elgar, Vol.2, 2001
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"Incentive Conflict in Deposit Institution Regulation: Evidence From Australia," Pacific-Basin Finance Journal, March 1993 , Co-Authors: Edward J. Kane
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"FDICIA: Renaissance or Requiem," FDICIA: An Appraisal (Federal Reserve Bank of Chicago), May 1993 , Reprinted by C.W. Calomiris, Money, the Financial System and the Economy, Addison-Wesley, 1994
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"Deposit Insurance," Fortune Encyclopedia of Economics (Warner Books), 1993
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"Bank Capital: Past, Present and Future," Journal of Financial Services Research, April 1992
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"Commercial Bank Securities Activities: What Really Happened in 1902," Journal of Money, Credit, and Banking, August 1992 , Co-Authors: Larry Mote
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"Durations For Bond Portfolios Priced on Different Term Structures," Journal of Banking and Finance, August 1992 , Co-Authors: G.O. Bierwag and Charles Corrado
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"Purpose and Operation of the Shadow Financial Regulatory Committee," Journal of Financial Services Research, August (Pt.2) 1992
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"Some Shortcomings of Analyzing Deposit Insurance as a Put Option," Journal of Financial Engineering, December 1992
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"The Federal Deposit Insurance Corporation," New Palgrave Dictionary of Money and Finance (Macmillan Press), 1992
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"The Federal Home Loan Bank System," New Palgrave Dictionary of Money and Finance (Macmillan Press), 1992
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"The Federal Savings and Loan Insurance Corporation," New Palgrave Dictionary of Money and Finance (Macmillan Press), 1992
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"Commercial Banking," Encyclopedia Americana (Grolier), 1992
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"Duration Gaps With Futures and Swaps For Managing Interest Rate Risk At Depository Institutions," Journal of Financial Services Research, February 1992 , Co-Authors: G. O. Bierwag , Reprinted by S. Nawalkha and D Chambers, eds., Interest Rate Risk: Measurement and Management, Institutional Investor, 2000
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"Lender of Last Resort: A Contemporary Perspective," Journal of Financial Services Research, October 1991 , Reprinted by Charles Goodhart and Gerhard Illing, eds., Financial Crisis, Contagion, and the Lender of Last Resort, Oxford: Oxford University Press, 2002
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"Expected Bond Returns and Duration: A General Model," Financial Analysts Journal, January/February 1991 , Co-Authors: G. O. Bierwag
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"Too Large To Fail Is Too Costly To Continue," Consumer Finance Law Quarterly Report, Spring 1991
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"Are Some Banks Too Large To Fail? Myth and Reality," Contemporary Policy Issues, October 1990 , Reprinted by Thomas Cargill, ed., Readings in Money, the Financial System, and Monetary Policy, Prentice-Hall, 1991
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"Understanding the Savings and Loan Debacle," Public Interest, Spring 1990 , Co-Authors: George J. Benston , Reprinted by H. Lena, ed., Contemporary Issues in Society, McGraw Hill, 1992 and ShareDebate International, first half 1991
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"Glass-Steagall: Repeal by Regulatory and Judicial Reinterpretation," Banking Law Journal, September/October 1990 , Co-Authors: Larry Mote
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"Computing Durations for Bond Portfolios," Journal of Portfolio Management, Fall 1990 , Co-Authors: G. O. Bierwag and Charles Corrado
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"Making FDIC Insurance Redundant," Challenge Magazine, January/February 1990
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"The U. S. S&L Debacle: Who Is To Blame and Where Did All the Money Go," Global Asset Manager, Winter 1990
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"Duration As a Measure of Basis Risk: The Wrong Answer At Low Cost?, Rejoinder," Journal of Portfolio Management, Summer 1989 , Co-Authors: G. O. Bierwag and Cynthia M. Latta and Gordon Roberts
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"Durations of Nondefault-Free Securities," Financial Analysts Journal, July/August 1988 , Co-Authors: G. O. Bierwag , Reprinted by the Institute of Chartered Financial Analysts as monograph , 1989
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"Banking and Finance in 1987," Americana Annual/Encyclopedia Year Book, 1988, Grolier, 1988
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"Duration Models: A Taxonomy," Journal of Portfolio Management, Fall 1988 , Co-Authors: G. O. Bierwag and Cynthia M. Latta , Reprinted by P. Bernstein and F. Fabozzi, eds., Streetwise: The Best of the Journal of Porfolio Management, Princeton University Press, 1998
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"Thrift Deregulation and Federal Deposit Insurance: Comments," Journal of Financial Services Research, September 1988
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"A Note on the Increase in Noninsured Commercial Banks," Economic Perspectives (Federal Reserve Bank of Chicago), November/December 1988 , Co-Authors: Nancy Andrews and Larry Mote
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"Framework For the Future: Resurrecting and Legitimizing the Thrift Industry," Proceedings of a Conference on the Future of the Thrift Industry (Federal Home Loan Bank of San Francisco), 1988
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"Securities Activities of Commercial Banks: Recent Changes in the Economic and Legal Environments," Journal of Financial Services Research, January 1988 , Reprinted by Corporate Finance Journal, Winter 1988 and Donald Chew, ed., New Developments in Commercial Banking, Basil Blackwell, 1991
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"Bank Runs: Causes, Benefits, and Costs," Cato Journal, Winter 1988
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"Could Thrifts Be Profitable? Theoretical and Empirical Evidence: Comment," Carnegie-Rochester Conference Series on Public Policy, Spring 1987
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"Bond Portfolio Immunization: Tests of Maturity and One- and Two-Factor Duration Matching Strategies," Financial Review, May 1987 , Co-Authors: G. O. Bierwag and Cynthia M. Latta
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"The Federal Safety Net: Not For Banks Only," Economic Perspectives (Federal Reserve Bank of Chicago), November/December 1987
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"Bank Capital Forbearance and Public Policy," Contemporary Policy Issues, January 1987
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"Usefulness of Duration: Response to Critics," Journal of Portfolio Management, Winter 1987 , Co-Authors: G. O. Bierwag, Cynthia M. Latta and Gordon Roberts
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"Federal Bank Regulatory Policy," Journal of Business, January 1986
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"Banking Deregulation in the United States," Irish Banking Review (special issue on banking deregulation in major countries), Autumn 1986
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"Implications of Large Bank Problems and Insolvencies for the Banking Industry and Economic Policy," Issues in Bank Regulation, Winter 1985
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"Duration Gap for Financial Institutions," Financial Analysts Journal, March/April 1985 , Co-Authors: G. O. Bierwag
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"Measuring and Managing Interest Rate Risk at Commercial Banks: A Primer," Economic Perspectives (Federal Reserve Bank of Chicago), January/February 1984 , Reprinted by T. Havrilesky, R. Schweitzer and J. Boorman, Dynamics of Banking, Harlan Davidson, 1985, D. J. Juttner and T. Valentine, eds., The Economics and Management of Financial Institutions, Longman-Cheshire [Australia], 1987, and C. W. Calomiris, Readings in Money, the Financial System and the Economy, Addison-Wesley, 1994
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"Interest Rate Effects of Commercial Bank Underwriting of Municipal Revenue Bonds: Additional Evidence," Journal of Banking and Finance, March 1984 , Co-Authors: G. O. Bierwag and Paul Leonard
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"The Securities Activities of Commercial Banks: A Legal and Economic Analysis," Tennessee Law Review, Spring 1984 , Co-Authors: Thomas Fischer, William Gram and Larry Mote
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"Consequences of Deregulation for Commercial Banking," Journal of Finance , July 1984 , Co-Authors: Larry Mote and Harvey Rosenblum
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"The Role of Traditional Mortgage Lenders in Future Mortgage Lending: Problems and Prospects," Housing Finance Review, July 1984
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"The Academic Preparation of Economists Employed by Commercial and Investment Banks," Journal of Money, Credit, and Banking, August 1984
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"Rankings of Finance Departments by Faculty Representation on Editorial Boards of Professional Journals: Note," Journal of Finance, September 1984
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"Integrating Asset/Liability Management to Finance Mortgage Portfolios," Proceedings, Conference on Solving the Mortgage Menu Problem (Federal Home Loan Bank of San Francisco), December 1984
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"Bond Portfolio Immunization and Stochastic Process Risk," Journal of Bank Research, Winter 1983 , Co-Authors: G. O. Bierwag and Alden Toevs
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"Monetarism and Federal Reserve Accountability," Journal of Contemporary Studies, Winter 1983
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"Immunization Strategies for Funding Multiple Liabilities," Journal of Financial and Quantitative Analysis, March 1983 , Co-Authors: G. O. Bierwag and Alden Toevs
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"Implications of Deregulation for Product Lines and Geographical Markets of Financial Institutions," Journal of Bank Research, Spring 1983 , Co-Authors: Larry Mote and Harvey Rosenblum
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"Home Equity Conversion: Increasing the Private Incomes of the Elderly," Real Estate Issues, Summer 1983 , Co-Authors: Jon Paulsen
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"Duration: Its Development and Use in Bond Portfolio Management," Financial Analysts Journal, July/August 1983 , Co-Authors: G. O. Bierwag and Alden Toevs
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"The Fed's Post-October 1979 Technical Operating Procedures Under Lagged Reserve Requirements: Reduced Ability to Control Money," Financial Review, November 1982
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"Search Theory and the Prohibition Against Commercial Bank Underwriting of Municipal Revenue Bonds," Journal of Financial Research, Winter 1982
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"The Tax Treatment of Municipal Discount Bonds: Rebuttal and Expansion," Financial Management, Winter 1982
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"Single Factor Duration Models in a Discrete General Equilibrium Framework," Journal of Finance, May 1982 , Co-Authors: G. O. Bierwag and Alden Toevs
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"Municipal Bond Underwriting: Market Structure," Journal of Bank Research, Spring 1981
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"The Art of Risk Management in Bond Portfolios," Journal of Portfolio Management, Spring 1981 , Co-Authors: G. O. Bierwag, Robert Schweitzer and Alden Toevs , Reprinted by P. Bernstein and F. Fabozzi, eds., Streetwise: The Best of the Journal of Porfolio Management, Princeton University Press, 1998
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"Improving Housing Finance in an Inflationary Environment: Alternative Residential Mortgage Instruments," Economic Perspectives (Federal Reserve Bank of Chicago), July/August 1981 , Co-Authors: Eleanor Erdevig , Reprinted by Bankers' Yearbook, 1982; T. Havrilesky and R. Schweitzer, eds., Contemporary Developments in Financial Institutions and Markets, Harlan Davidson, 1983, 1987; F. Schnidman and J. Silverman, eds., Housing: Supply and Affordability, Urban Land Institute, 1983; and D. R. Fraser and P.S. Rose, eds., Financial Institutions and Markets in a Changing World, Business Publications, 1984
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"Managing Thrift Institutions in an Inflationary Environment," Journal of Credit Union Management and Economics, Summer 1981
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"Banking As a Line of Commerce: The Changing Competitive Environment," The Future of the Financial Services Industry (Federal Reserve Bank of Atlanta), 1981 , Reprinted by Issues in Bank Regulation, Autumn 1981 and T. Havrilesky and R. Schweitzer, eds., Contemporary Developments in Financial Institutions and Markets, Harlan Davidson, 1983, 1987
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"The Depository Institutions Deregulation and Monetary Control Act of 1980: What Has Congress Wrought," Journal of the Midwest Finance Association and Fourth West Coast Academic/Federal Reserve Economic Research Seminar, (Conference Supplement, Economic Review), Federal Reserve Bank of San Francisco, 1981
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"Duration, Planning Period, and Tests of the Capital Asset Pricing Model," Journal of Financial Research, Spring 1980
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"Standardizing Yields on Mortgages and Other Securities," Journal of the American Real Estate and Urban Economics Association, Summer 1980 , Co-Authors: George E. Morgan
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"The 'Oregon' Bond Project: Review and Evaluation," Municipal Finance Journal, Summer 1980
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"PIC: An Alternative Approach to Accepting Bids on Local and State Government Bonds: Comment," Financial Management, Summer 1979 , Co-Authors: Michael H. Hopewell
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"The Mortgage Acquisition Process: A Comparison of VRM and FRM Borrowers," Journal of the American Real Estate and Urban Economics Association, Summer 1979 , Co-Authors: Gerald S. Albaum
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"Management Strategies for Savings and Loan Associations to Reduce Interest Risk," Proceedings, Conference on New Sources of Capital for the Savings and Loan Industry (Federal Home Loan Bank of San Francisco), December 1979 , Co-Authors: G. O. Bierwag and Alden Toevs
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"The Incidence of Excess Interest Costs Paid by Municipalities in the Competitive Sale of Bonds," Journal of Monetary Economics, April 1978 , Co-Authors: Michael H. Hopewell
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"Measuring Risk and Return for Bonds: A New Approach," Journal of Bank Research, Summer 1978
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"Bond Portfolio Strategy Simulations: A Critique," Journal of Financial and Quantitative Analysis, September 1978 , Co-Authors: G. O. Bierwag
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"Duration and Bond Portfolio Analysis: An Overview," Journal of Financial and Quantitative Analysis, November 1978 , Co-Authors: G. O. Bierwag and C. Khang
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"Coping with the Risk of Interest-Rate Fluctuations: A Note," Journal of Business, July 1977 , Co-Authors: G. O. Bierwag , Reprinted by G. Hawawini, ed., Bond Duration and Immunization, Garland, 1982
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"Consumer Attitudes Towards Residential Variable Rate Mortgages: A Survey Analysis," Federal Home Loan Bank Board Journal, August 1977 , Co-Authors: Gerald S. Albaum , Reprinted by Mortgage Banker, November 1977
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"Sharing Arrangements in an Electronic Funds Transfer System: Comment," Journal of Bank Research, Autumn 1977
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"Commercial Bank Bidding on Municipal Revenue Bonds: New Evidence," Journal of Finance, December 1977 , Co-Authors: Michael H. Hopewell
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"The Municipal Bond Auction: Reply," National Tax Journal, March 1976 , Co-Authors: Michael H. Hopewell
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"State and Regional Effects on the Interest Cost of Municipal Bonds," Local Finance, June 1976
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"The Thrift Institution Problem Reconsidered: An Historical Oversight Corrected," Journal of Bank Research, Summer 1976
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"Variable Rate Mortgages: The Early Experience from California," Economic Review (Federal Reserve Bank of San Francisco), Summer 1976
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"Teaching the Basic Money and Financial Institutions Course," Journal of Financial and Quantitative Analysis, November 1976
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"Optimal Bidding Constraints on Municipal Bonds Sold Competitively by NIC," Governmental Finance, February 1975
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"Treasury Bill Auction Procedures: A Comment," Journal of Finance, June 1975 , Co-Authors: Henry N. Goldstein
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"The Case for Mortgage Rate Insurance," Journal of Money, Credit, and Banking, November 1975
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"The Cost of Inefficient Coupons on Municipal Bonds," Journal of Financial and Quantitative Analysis, March 1974 , Co-Authors: Michael H. Hopewell
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"The Thrift Institution Problem Reconsidered: A Rejoinder," Journal of Bank Research, Spring 1974
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"Improving the Structure of Competitive Bidding Procedures for Municipal Bonds," Governmental Finance, August 1974
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"Costs to Municipalities of Selling Bonds by NIC," National Tax Journal, December 1974 , Co-Authors: Michael H. Hopewell
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"Bond Price Volatility and Term to Maturity: A Generalized Respecification," American Economic Review, September 1973 , Co-Authors: Michael H. Hopewell , Reprinted by Reprinted in D. Farrar, J. Francis and C. F. Lee, eds., Readings in Investments, McGraw-Hill, 1980 and G. Hawawini, ed., Bond Duration and Immunization, Garland, 1982
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"The Case for the Long-Term Zero Coupon Treasury Bond," The Bankers Magazine, Autumn 1973
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"The Questionable Benefit of Variable Rate Mortgages," Quarterly Review of Economics and Business, Autumn 1973
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"Federal Reserve Inability to Control the Money Supply: A Self-Fulfilling Prophecy," Financial Analysts Journal, September/October 1972
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"A Proposal for Eliminating Interest-Rate Ceilings on Thrift Institutions," Journal of Money, Credit, and Banking, August 1972
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"The Strange Journey of Monetary Indicators," Journal of Financial and Quantitative Analysis, March 1972
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"The Thrift Institution Problem Reconsidered," Journal of Bank Research, Spring 1972
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"Deposit Variability and Bank Size," Journal of Financial and Quantitative Analysis, December 1972
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"Implications of Federal Reserve Operations on Monetary Aggregates: The Evidence from the FRB-MIT Model," Nebraska Journal of Economics and Business, Autumn 1970 , Co-Authors: Ann Marie Laporte and Robert D. Laurent
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"Bank Employment: A Cross-Section Analysis of the World's Largest Banks," Journal of Money, Credit, and Banking, February 1970
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"Simulating Policy Strategies on the FRB-MIT Model Under Two Alternative Monetary Policy Regimes," Quarterly Review of Economics and Business, Winter 1970 , Co-Authors: Robert D. Laurent
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"An Empirical Study of Interest Rate Determination: A Comment," Review of Economics and Statistics, August 1970 , Co-Authors: William E. Gibson
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"More on an Empirical Definition of Money," American Economic Review, March 1969
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"Financial Assets and Economic Activity," Southern Journal of Business, October 1969
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"The Sensitivity of Interest Rates to Changes in Money and Income," Journal of Political Economy, June 1968 , Co-Authors: William E. Gibson
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"Proposed Experiment in Monetary Policy," Financial Analysts Journal, December 1968 , Reprinted by J. Boorman and T. Havrilesky, eds., Money Supply, Money Demand and Their Impacts on Macroeconomic Models, Allyn and Bacon, 1972. Received a Graham and Dodd Award for outstanding article.
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"Indicators of Monetary Policy: Theory and Evidence," National Banking Review, June 1967
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"Bank Market Structure and Performance: The Evidence from Iowa," Southern Economic Journal, April 1966
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"Near Banks and Local Savings," National Banking Review, June 1966 , Co-Authors: Cynthia M. Latta
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"The Demand for Money: Preliminary Evidence from Industrial Countries," Journal of Financial and Quantitative Analysis, September 1966 , Co-Authors: Cynthia M. Latta
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"Is the Federal Reserve System Really Necessary?: Comment," Journal of Finance, September 1965 , Reprinted by Lawrence S. Ritter, ed., Money and Economic Activity, Houghton Mifflin, 1967
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"Factors Determining Bank Deposit Growth by State: An Empirical Analysis," Journal of Finance, March 1965 , Co-Authors: Bruce C. Cohen
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PAPERS PRESENTED AT PROFESSIONAL MEETINGS |
"Cross-Border Banking in the EU," European Commission Conference, Brussels, September 8 2006
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"Bank Safety and Soundness: Past, Present, and Future," Federal Reserve Bank of San Francisco Conference, San Francisco, August 17 2006
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"Efficient Resolution of Insolvent Banks," Financial Management Association, Stockholm, June 9 2006
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"Basel II: Inferior to PCA for U.S.," Midwest Finance Association, Chicago, March 24 2006
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"Basel II is a Costly Diversion ," FDIC Conference, Washington, D.C., September 13 2006
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"Regulation Q: A Retrospective," American Enterprise Institute, Washington, D.C., September 21 2006
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"Basel II: Not the Way to Go," Financial Management Association, Salt Lake City, October 13 2006
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"Cross-Border Banking in the EU," London School of Economics Conference, London, November 20 2006
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"Resolving Large Bank Insolvencies in the EU," European Central Bank - Bank of Spain Conference, Madrid, December 1 2006
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"Comparing Bank and Corporate Bankruptcy Codes," Federal Reserve Bank of Chicago Seminar, December 15, 2005 , Co-presenting: Co-Author: Robert Bliss
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"Deposit Insurance and Cross Border Banking," Federal Reserve Bank of Chicago and World Bank International Conference, Chicago, October 6, 2005 , Co-presenting: Co-Author: Robert Eisenbeis
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"Efficient Bank Insolvency Resolution," Taiwan Economics Association Keynote Paper, Taipei, Taiwan, September 28, 2005
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"Efficient Bank Insolvency Resolution and Deposit Insurance ," International Association of Deposit Insurers Annual Meeting, Taipei, Taiwan, September 27, 2005
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"Limitations of Basel II," American Institute for Economic Research, Great Barrington, MA, August 2, 2005
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"Comparing Bank and Corporate Bankruptcy Codes," American Institute for Economic Research, Great Barrington, M.A. , August 1, 2005 , Co-presenting: Co-Authors: Robert Bliss
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"Comparing Bank and Corporate Bankruptcy Codes," North American Economic and Finance Association/ Western Economic Association, San Francisco, July 8, 2005 , Co-presenting: co-author Robert Bliss
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"Comparing Bank and Corporate Bankruptcy Codes," Seminar at FDIC, Washington, D.C., June 28, 2005 , Co-presenting: Co-Author: Robert Bliss
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"Resolving Bank Insolvencies Efficiently ," Central Bank of Guatemala Conference, Guatemala City, June 24, 2005
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"Cross-Border Banking Challenges," Bank Norway Conference, Oslo , June 17, 2005 , Co-presenting: Co-Author: Robert Eisenbeis
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"Basel II Problems," Pacific Basin Finance Conference, Rutgers University, N.J., June 10, 2005
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"Too Big to Fail in Banking," Wake Forrest University, April 29, 2005
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"The Economics of Netting at Commercial Banks," Federal Reserve Bank of Chicago Seminar, April 15, 2005 , Co-presenting: Co-Author: Robert Bliss
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"Limitations of Basel II Agreement," Conference at London School of Economics, London, April 8, 2005
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"Resolving Bank Insolvencies Efficiently," Mexico Deposit Insurance Agency Conference, Mexico City, March 7, 2005
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"Bank and Corporate Insolvency Resolution," Allied Social Science Association Meetings, Boston, January 8, 2005 , Co-presenting: Co-Author: Robert Bliss
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"Basel II: The Roar that Moused ," Reserve Bank of New Zealand, Wellington, April 27, 2004
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"Too Big to Fail: Quo Vadis," American Institute for Economic Research, Great Barrington, MA., July 19, 2004
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"Too Big to Fail: Quo Vadis ," Massey University, New Zealand , April 28, 2004
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"Derivatives and Systemic Risk," Luiss University, Rome, October 25, 2004
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"Too Big to Fail: Quo Vadis," Auckland University, New Zealand, March 24, 2004
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"FDIC Losses in Bank Failures," Reserve Bank of New Zealand, Welington, April 8, 2004
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"Too Big to Fail: Quo Vadis," Otago University, New Zealand, March 11, 2004
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"FDIC Losses in Bank Failures," Federal Reserve Bank of Chicago, January 15, 2004
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"Basel II: The Roar that Moused," Presidential Address, North American Economic and Finanical Association, San Diego, January 4, 2004
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"Too Big to Fail: Quo Vadis," Victoria University, New Zealand, March 17, 2004
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"Banking Regulation and Foreign Owned Banks," Public lecture, Welington, New Zealand, April 7, 2004
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"Too Big to Fail: Quo Vadis," Canterbury University, New Zealand, April 16 2004
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"Basel II: The Roar that Moused," Victoria University, New Zealand, April 21 2004
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"Resolving Problem Banks," Reserve Bank of New Zealand, Welington, New Zealand, April 23, 2004
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"Resolving Bank Insolvencies," International Monetary Fund, Washington, D.C., December 16, 2003
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"Too Big to Fail and Systemic Risk," Harvard Law School, Cambridge, MA, November 3, 2003
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"Basel II: The Roar that Moused," Financial Management Association, Denver, October 10, 2003
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"Development and Structure of Financial Markets in the New North Atlantic Economy," St. Mary's University, Halifax, Canada, September 26, 2003
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"Too Big to Fail and Systemic Risk," Swedish Riksband, Stockholm, September 12, 2003
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"Too Big to Fail in Banking," Allied Social Science Association, San Diego, January 2003
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"Too Big to Fail in Banking," Financial Management Association, San Antonio, October 2002
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"Use of Economic Analysis to Affect Public Policy," Adam Smith Award Acceptance Paper, National Association for Business Economics, Washington D.C., September 2002
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"Value of Banking Relationships During a Financial Crisis: Evidence from Failure of Japanese Banks," Federal Reserve Bank of San Francisco, September 2002 , Co-presenting: Elijah Brewer, Hesna Genay, W. Curt Hunter
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"Depositor Liquidity and Loss Sharing," Western Economic Association, Seattle, June 2002
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"Too Big to Fail in Banking," Western Economic Association, Seattle, June 2002
|
"Too Big to Fail in Banking," Chicago Association of Business Economists, June 2002
|
"International Banking Regulation," St. Mary’s University, Canada, May 2002 , Co-presenting: Max Hall
|
"Deposit Insurance Premiums," Federal Reserve Bank of Boston, April 2002
|
"Post-resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises," Federal Reserve Bank of Chicago, April 2002 , Co-presenting: Steven Seelig
|
"Too Big to Fail in Banking," Distinguished Scholar Lecture, Midwest Finance Association, Chicago, March 2002
|
"Bank Capital Regulation," Bank for International Settlements, Switzerland, March 2002
|
"Lessons From the S & L Crisis of the 1980’s," Milken Institute Conference at UCLA, January 2002
|
"Post-resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises," Dalhousie University, Canada, January 2002 , Co-presenting: Steven Seelig
|
"Introduction," Remarks at a workshop on Resolving Large Complex Banking Organizations, Federal Reserve Bank of Chicago, November 16 2001
|
"Post-resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises," York University, Toronto, November 2001 , Co-presenting: Steven Seelig
|
"Post-resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises," University of the South, Sewanee TN., September 2001 , Co-presenting: Steven Seelig
|
"Does Bank Regulation Retard or Contribute to Systemic Risk?," Conference on The Future of Bank Capital Standards, Amsterdam, June 18 2001 , Co-presenting: Kenneth E. Scott
|
"Market Signals and System Risk," Panelist remarks at Conference on Banks and Systemic Risk, Bank of England, London, May 23-25 2001
|
"Post-resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises," Concordia University, Montreal, March 2001 , Co-presenting: Steven Seelig
|
"Macro-Economic Stability and Bank Soundness," Paper presented at IMF Conference on Financial Reform and Stability, Hyderbad, India, March 29-30 2001
|
"Implications of Globalization on Financial Institutions and Markets," Conference on Chicago's Global Economic Connections and Challenges, sponsored by Global Chicago at Federal Reserve Bank of Chicago, January 19 2001
|
"Post-resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises," Financial Management Association, Seattle, October 2000 , Co-presenting: Steven Seelig
|
"Post-resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises," Southern Finance Association, Savannah, GA., November 2000 , Co-presenting: Steven Seelig
|
"Post-resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises," Pacific Basin Finance, Economics and Accounting Conference, Bangkok, June 2000 , Co-presenting: Steven Seelig
|
"Does Bank Regulation Retard or Contribute to Systemic Risk?," Conference on Bank Stability, Tokyo, October 2000 , Co-presenting: Kenneth E. Scott
|
"Issues in Implementing Deposit Insurance Systems: Comments," Conference on Designing an Effective Deposit Insurance Structure: An International Perspective, sponsored by The Financial Stability Forum, Federal Reserve Bank of Chicago, December 12 2000
|
"Safety-Net Reform in the United States," Joint Meeting of Shadow Financial Regulatory Committees, Tokyo, October 2000 , Co-presenting: Peter Wallison
|
"Can the U.S. Banking System Derail the Prosperity," Annual Meeting of National Association of Business Economists, Chicago, September 2000
|
"Does the Japanese Stock Market Price Risk? Evidence from Bank Failures," Midwest Finance Association, March 2000 , Co-presenting: Elijah Brewer, Hesna Genay, and W. Curt Hunter
|
"Does the Japanese Stock Market Price Risk? Evidence from Bank Failures," National Bureau of Economic Research, May 2000 , Co-presenting: Elijah Brewer, Hesna Genay, and W. Curt Hunter
|
"The Financial Modernization Act of 1999," Midwest Finance Association, March 2000
|
"The Asian Financial Crisis: A Post-Mortem," Allied Social Sciences Association Meetings, Boston, January 2000
|
"Emerging Economies and International Financial Centers," Southern Finance Association, Savannah, GA., November 2000
|
"Banking and Currency Crises and Systemic Risk," Pacific Basin Finance Conference, Taiwan, May 1999
|
"Banking and Currency Crises and Systemic Risk," Bank of the Netherlands, Amsterdam, November 1999
|
"Banking and Currency Crises and Systemic Risk," Federal Reserve Bank of New York, December 1999
|
"Emerging Economies and International Financial Centers," Pacific Basin Finance, Economics and Accounting Conference, Taiwan, May 1999
|
"Emerging Economies and International Financial Centers," Financial Management Association Meetings, Orlando, November 1999
|
"Do Markets Discipline Banks and Bank Holding Companies? Evidence From Debt Pricing," North American Economics and Finance Association, New York, January 1999 , Co-presenting: Julapa Jagtiani, Catherine Lemieux
|
"Do Markets Discipline Banks and Bank Holding Companies? Evidence From Debt Pricing," Financial Management Association, Orlando, October 1999 , Co-presenting: Julapa Jagtiani, Catherine Lemieux
|
"Do Markets Discipline Banks and Bank Holding Companies? Evidence From Debt Pricing," Southern Finance Association, Key West, November 1999 , Co-presenting: Julapa Jagtiani, Catherine Lemieux
|
"How Real is the Risk of Massive Banking Collapse?," Global Derivatives Forum, Paris, April 1999
|
"Do Lenders of Last Resort Operations Require Bank Regulation?," American Enterprise Institute, Washington, D.C., October 1999
|
"Bank Disintermediation," Bank of England, London, June 1999
|
"Too Big to Fail and Deposit Insurance," Federalist Society, Washington University, St. Louis, June 1999
|
"Measuring Government-Sponsored Enterprise Performance," American Finance Association, New York, January 1999
|
"The Asian Crisis," Pacific Basin Economics Society, January 1999
|
"The Asian Crisis," Eastern Finance Association, Miami, March 1999
|
"Does the Japanese Stock Market Price Risk? Evidence from Bank Failures," North American Economics and Finance Association, New York, January 1999 , Co-presenting: Elijah Brewer, Hesna Genay, and W. Curt Hunter
|
"Does the Japanese Stock Market Price Risk? Evidence from Bank Failures," Federal Reserve Bank of Chicago Bank Structure Conference, May 1999 , Co-presenting: Elijah Brewer, Hesna Genay, and W. Curt Hunter
|
"Does the Japanese Stock Market Price Risk? Evidence from Bank Failures," Financial Management Association, Orlando, October 1999 , Co-presenting: Elijah Brewer, Hesna Genay, and W. Curt Hunter
|
"Bank Modernization," Financial Management Association, Chicago, October 1998
|
"Does the Federal Reserve Have an Informational Advantage?," Financial Management Association, Chicago, October 1998
|
"Deposit Insurance Reform," IMF Seminar, Washington, D.C., October 1998
|
"The Subsidy Provided by the Federal Safety Net," Conference at Federal Reserve Bank of San Francisco, September 1998
|
"Resolving, Recapitalizing, and Restructuring Banking Systems," Korea Development Institute and East-West Center, Hawaii, August 1998
|
"Minimizing Moral Hazard in IMF Lending," Brookings Institution Conference, Washington, D.C., May 1998
|
"Structuring Prudential Bank Regulation to Promote Efficiency and Safety," Conference on Regulation in Post-Privatization Environments: The Latin American Experience, Buenos Aires, Argentina, May 1998
|
"Structuring Prudential Bank Regulation to Promote Efficiency and Safety," Pacific Basin Business, Economics, and Finance Conference, Hong Kong, May 1998
|
"Systemic Risk and the Asia Crisis," ICM Conference, London, April 1998
|
"Deposit Insurance Reform in Transitional Economies," East-West Center and Hungary Deposit Insurance Agency, Budapest, Hungary, March 1998
|
"Financial Markets and Banking Structure," Allied Social Science Association, Chicago, January 1998
|
"Managing Systemic Risk in Banking," Deloitte and Touche Lecture, University of Antwerp, Belgium, November 1998
|
"Central Banks, Asset Bubbles, and Financial Stability," Central Bank Conference on Transition Economies, Dubrovnik, Croatia, June 1998
|
"Central Banks, Asset Bubbles, and Financial Stability," Western Economic Association, June 1998
|
"Central Banks, Asset Bubbles, and Financial Stability," Federal Reserve Bank of Chicago, November 1998
|
"Modernizing Banking Regulation," Canada Deposit Insurance Corporation, Ottawa, October 1998
|
"The Asian Crisis," Financial Management Association, Chicago, October 1998
|
"Do Markets Discipline Banks and Bank Holding Companies? Evidence From Debt Pricing," Federal Reserve Bank of San Francisco, October 1998 , Co-presenting: Julapa Jagtiani, Catherine Lemieux
|
"Reforming Deposit Insurance," Canada Deposit Insurance Corporation, Toronto, September 1997
|
"Reforming Deposit Insurance," IMF, Washington, D.C., December 1997
|
"Banking Reform: The Ways and How Tos," Conference on Restructuring the National Economy, East-West Center and Korea Development Institute, Honolulu, August 1997
|
"Preventing Bank Crises: Taking the 'State' Out of State Banks," Levy Institute, New York, April 1997
|
"Preventing Bank Crises: Taking the 'State' Out of State Banks," Pacific Basin Economics and Finance Conference, Singapore, July 1997
|
"The FDIC Improvement Act Five Years Later," Federal Reserve Bank of Chicago, June 1997
|
"The FDIC Improvement Act Five Years Later," Bank of Italy, Rome, June 1997
|
"The FDIC Improvement Act Five Years Later," University of Rome, July 1997
|
"Conference Summary," Federal Reserve Bank of Chicago-World Bank Conference on Preventing Global Bank Failures, Chicago, June 1997
|
"The Shadow Financial Regulatory Committee: Origins and History," Financial Management Association, Zurich Switzerland, May 1997
|
"The FDIC Improvement Act Five Years Later," Brookings Institution, Washington, D.C., December 1996
|
BOOKS AND MONOGRAPHS |
Cross-Border Banking: Regulatory Challenges (World Scientific) , 2006 , Co-Eds. Gerard Caprio and Douglas Evanoff
|
Systemic Financial Crisis: Resolving Large Bank Insolvencies (World Scientific) , 2005 , Co-Ed. Douglas Evanoff
|
Market Discipline: The Evidence Across Countries and Industries (MIT Press) , 2004 , Co-Eds. Claudio Borio, W. Curt Hunter, and Kostas Tsatsaronis
|
Asset Price Bubbles: Implications for Monetary, Regulatory, and International Policies (MIT Press) , 2003 , Co-Eds. W. Curt Hunter and Michael Pomerleano
|
Research in Financial Services: Private and Public Policies (Annual) (JAI Press) , Vols 1-15; 89-03, 2003 , Ed.
|
FDIC Reform: Don�t Put Taxpayers Back at Risk (Policy Analysis, No. 432) , Cato Institute, April 16, 2002
|
Global Financial Crises: Lessons From Recent Events (Kluwer Academic) , 2000 , Co-Eds. Joseph Bisignano, W. Curt Hunter
|
Reforming Bank Capital Regulation (American Enterprise Institute) , March, 2000 , Co-Authors: Shadow Financial Regulatory Committee
|
The Asian Financial Crisis (Kluwer Academic) , 1999 , Co-Eds. W. Curt Hunter, Thomas Krueger
|
Preventing Bank Crisis: Lessons from Recent Global Bank Failures (World Bank) , 1998 , Co-Eds. G. Caprio, W. Curt Hunter, D. Leipziger
|
Discrimination in Financial Services (Kluwer Academic) , 1997 , Co-Eds. George J. Benston, W. Curt Hunter
|
Commercial Banking and Securities Activities: A Survey of the Risks and Returns (American Bankers Association) , October , 1995 , Co-Authors: George J. Benston ed.
|
Reforming Financial Institutions and Markets in the United States (Kluwer Academic) , 1994 , Ed.
|
Assessing Bank Reform: FDICIA One Year Later (Brookings Institution) , 1993 , Co-Ed. Robert Litan
|
Banking Structures in Major Countries (Kluwer Academic) , 1991 , Ed.
|
Restructuring the American Financial System (Kluwer Academic) , 1990 , Ed.
|
A Blueprint For Restructuring America's Financial Institutions (Brookings Institution) , 1989 , Co-Authors: George J. Benston, Dan Brumbaugh, Jack Guttentag, Richard Herring, Robert Litan, and Kenneth Scott eds.
|
Banking and the Illinois Economy: Recommendations for Improving the Performance of Both (Citicorp Savings: Chicago) , 1989
|
Risk and Solvency Regulation of Depository Institutions: Past Policies and Current Issues, 88-1 (Monograph Series in Finance and Economics, New York University) , 1988 , Co-Authors: George J. Benston ed.
|
Deregulating Financial Services: Public Policy in Flux (Ballinger Press) , 1986 , Roger Kormendi ed.
|
Perspectives on Safe and Sound Banking: Past, Present, and Future (MIT Press) , 1986 , Co-Authors: George J. Benston, Robert Eisenbeis, Paul Horvitz, and Edward Kane eds.
|
Agenda For Reform (A Report on Deposit Insurance to the Congress from the Federal Home Loan Bank Board, Washington, D.C.) , 1983 , Co-Authors: Charlotte Chamberlin, Tim Campbell, G.O. Bierwag, Fisher Black, Andrew Carron, David Glenn, and Paul Horvitz eds.
|
Innovations in Bond Portfolio Management: Duration Analysis and Immunization (JAI Press) , 1983 , G. O. Bierwag and Alden Toevs eds.
|
The Property Tax Revolt: The Case of Proposition 13 (Ballinger Press) , 1981 , Kenneth Rosen ed.
|
Efficiency in the Municipal Bond Market: Use of Tax-Exempt Bonding to Finance (JAI Press) , 1981
|
Commercial Bank Eligibility to Underwrite Municipal Revenue Issues and the Cost of Borrowing: Additional Evidence for 1979 (Securities Industry Association) , 1980 , Co-Authors: G. O. Bierwag, Michael H. Hopewell, and Paul A. Leonard eds.
|
The U. S. Financial System: Money, Markets, and Institutions (Prentice-Hall) , (Chinese ed. 2001) 1995, 1992, 1989, 1986, 1983, 1980
|
Bank Eligibility to Underwrite Municipal Revenue Issues and the Cost of Borrowing: An Empirical Analysis (Securities Industry Association) , 1979 , Co-Authors: G. O. Bierwag and Michael H. Hopewell eds.
|
Variable Rate Residential Mortgages: Implications for Borrowers (Report to the Federal Home Loan Bank Board) (Center for Capital Market Research, University of Oregon and Alternative Mortgage Instruments Research Study (GPO)) , June and November , 1977 , Co-Authors: Gerald S. Albaum ed.
|
Bidding Rules to Reduce Interest Costs in the Competitive Sale of Municipal Bonds: A Handbook for Municipal Finance Officers (Center for Capital Market Research, University of Oregon) , 1977 , Co-Authors: Michael H. Hopewell ed.
|
Financial Intermediaries and Variable Rate Mortgages (Federal Reserve Bank of San Francisco) , March , 1976 , Reprinted by Federal Home Loan Bank Board, 1977
|
The Outlook for Puerto Rico Municipal Bonds (A Report for the Governor's Committee to Study Puerto Rico's Finances) , September , 1975 , Co-Authors: Ronald Forbes, Michael H. Hopewell, and John Petersen eds.
|
Money and the Financial System: Fundamentals (Rand McNally) , 1975
|
Money, the Financial System, and the Economy (Rand McNally/ Houghton Mifflin) , 1981, 1977, 1973
|
Modifying the Investment Powers of Savings and Loan Associations (College of Business Administration, University of Oregon) , 1971 , Co-Authors: Peter O. Dietz ed.
|
Monetary Economics: Readings on Current Issues (McGraw-Hill) , 1971 , William E. Gibson ed.
|
A Profile of Banking in Chicago (Federal Reserve Bank of Chicago) , 1970 , Co-Authors: Roberta K. Detz ed.
|
Customers View a Bank Merger, A Resurvey of Elkhart, Indiana (Federal Reserve Bank of Chicago) , 1969 , Co-Authors: Roberta K. Detz ed.
|
Current Issues in Monetary Economics and Policy: A Review (Institute of Finance, New York University) , (Bulletin, No. 57) May , 1969 , Reprinted by Institute of Chartered Financial Analysts, Investment Management Decision Making, Richard Irwin, 1971
|
The Relative Impact of Money and Income on Interest Rates: An Empirical Investigation (Staff Economic Studies, Board of Governors of the Federal Reserve System) , 1967 , Co-Authors: William E. Gibson ed.
|
Customers View Bank Markets and Services: A Survey of Elkhart, Indiana (Federal Reserve Bank of Chicago) , 1967
|
Business Firms and Households View Commercial Banks: A Survey of Appleton, Wisconsin (Federal Reserve Bank of Chicago) , 1967
|
The Demand for Currency (Staff Economic Studies, Board of Governors of the Federal Reserve System) , 1966
|
CONTRIBUTIONS OR CHAPTERS IN BOOKS |
"Challenges for Deposit Insurance and Finance Stability in Cross-Border Banking with Emphasis on the European Union," G. Caprio, D. Evanoff, and G. Kaufman, eds. eds., Cross-Border Banking: Regulatory Challenges, (World Scientific), 2006 , Co-Authors: Robert Eisenbeis,
|
"The Development and Structure of Financial Markets in Europe," G. Boyd, A. Rugman, and P. C. Paduan, eds., European-American Trade and Financial Alliances, (Edward Elgar), 2005
|
"Minimizing Post-Resolution Costs in Bank Failures," E. Klein, eds., Global Banking Issues, (Nova Publishers), 2005 , Co-Authors: Steven Seelig,
|
"What have We Learned from the Thrift and Banking Crises of the 1980’s," in James Barth, Susanne Trimbath and Glenn Yargo, eds., The Savings and Loan Crisis: Lessons from a Regulatory Failure, (Milken Institute), 2004
|
"Basel II: The Roar that Moused," in Benton Gup, eds., The New Basel Capital Accord , (Thompson), 2004
|
"Market Discipline: Is it Fact or Fiction: Comment," in Benton Gup, eds., The New Basel Capital Accord , (Thompson), 2004
|
"Too Big to Fail in Banking: Quo Vadis," in Benton Gup, eds., Too-Big-To-Fail: Policies and Practices , (Praeger Publishers), 2004
|
"Market Discipline in Banking: Comment," in George G. Kaufman, eds., Research in Financial Services, (Elsevier), Vol. 15 2003
|
"Netting, Financial Contracts, and Banks: The Economic Implications," in George G. Kaufman, eds., Research in Financial Services, (Elsevier), Vol. 15, 2003 , Co-Authors: Bill Bergman, Robert Bliss, and Christian Johnson,
|
"International Banking Regulation," in Gavin Boyd and Paul Brenton, eds., Structural Foundations of International Finance, (Edward Elgar), 2003 , Co-Authors: Maximilian Hall,
|
"Banking Reform to Prevent Future Crises," in B. Batavia, N. Lash and A.G. Malliaris eds., Asymmetries in Financial Globalization , (APF Press), 2002
|
"Preventing Bank Crisis: Taking the 'State' Out of State Banks," in Dimitri B. Papadimitriou eds., Modernizing Financial Systems , (St. Martin's Press), 2000
|
"Structuring Prudential Bank Regulation to Promote Efficiency and Safety," in Luigi Manzetti eds., Regulatory Policy in Latin America: Post-Privatization Realities , (University of Miami Press), 2000
|
"Designing the New Architecture for U.S. Banking," in Benton Gup eds., The New Financial Architecture: Banking Regulation in the 21st Century, (Quorum Books), 2000
|
"Resolving, Recapitalizing and Restructuring Insolvent Banks and Banking Systems," in Benton Gup, eds., International Banking Crises: Large-Scale Failures and Government Interventions, (Quorum Books), 1999
|
"Banking Systems," Grolier Multimedia Encyclopedia, 1999 , Co-Authors: Thomas Mayer,
|
"Money," Grolier Multimedia Encyclopedia, 1999 , Co-Authors: Thomas Mayer,
|
"Conference Summary," W. Curt Hunter , George G. Kaufman, and Thomas Krueger eds., The Asian Financial Crisis , (Kluwer), 1999
|
"Bank Failures, Systemic Risk and Bank Regulation," Benton Gup eds., Bank Failures in Major Countries (Quorum), 1998
|
"Conference Summary," G. Caprio, W. C. Hunter, G. Kaufman, and D. Leipziger eds., Preventing Bank Crisis: Lessons from Recent Global Failures , (Federal Bank of Chicago and World Bank), 1998
|
"Central Banks, Asset Bubbles, and Financial Stability," Research in Financial Services, (JAI Press), Vol. 10 1998 , Reprinted by Mario Blejer and Marko Skreb, eds., Central Banking, Monetary Policies, and the Implications for Transition Economies, (Kluwer),1999
|
"FDICIA Five Years Later: What Has Worked and What Has Not," George G. Kaufman eds., Research in Financial Services , (JAI Press), 1997
|
"Lessons for Transitional and Developing Economies from U.S. Deposit Insurance Reform," George M. von Furstenberg eds., Regulation and Supervision of Financial Institutions in the NAFTA Countries, and Beyond, (Kluwer), 1997 , Reprinted by Superintendency of Banks in Columbia, 1998
|
"How Should Financial Institutions and Markets Be Structured? Analysis and Options for Financial System Design," Ilter Turan and Gul Turan eds., Deepening of Financial Markets , (Koc University, Turkey), 1996 , Co-Authors: Randall Kroszner, , Reprinted by Richard Hausmann and Lilliana Rojas-Suarez, eds., Safe and Sound Financial Systems (Inter-American Development Bank), 1997
|
"Commercial Banking and Securities Activities: A Survey of the Risks and Returns," Clifford Kirsh eds., The Financial Services Revolution , (Irving Professional Publishing), 1996 , Co-Authors: George Benston,
|
"What Is Good and What Is Bad in the National Commission Report," George G. Kaufman eds., Research in Financial Services, (JAI Press), 1996
|
"Comment on Systemic Risk," George G. Kaufman eds., Research in Financial Services , (JAI Press), 1995
|
"Improving the FDIC Improvement Act," George G. Kaufman eds., Reforming Financial Institutions and Markets in the United States, (Kluwer), 1994 , Co-Authors: George J. Benston,
|
"Will Universal Banks Prove Viable: Comment," G. Caprio, D. Folkerts-Landau, and T. Lane eds., Building Sound Finance in Emerging Market Economies, (IMF and World Bank), 1994
|
"The Current State of Banking Reform," George G. Kaufman eds., Research in Financial Services , (JAI Press), 1994 , Reprinted by Dimitri B. Papadimitriou, ed., Stability in the Financial System (St. Martin's Press), 1996
|
"The Intellectual History of the Federal Deposit Insurance Corporation Improvement Act of 1993," George G. Kaufman and Robert E. Litan eds., Assessing Bank Reform , (Brookings), 1993 , Co-Authors: George J. Benston, , Reprinted by in George G. Kaufman, ed., Reforming Financial Institutions and Markets in the United States (Kluwer), 1994
|
"The Diminishing Role of Commercial Banking in the U. S. Economy," Lawrence H. White eds., The Crisis in American Banking, (New York University Press), 1993
|
"A Proposal for Deposit Insurance Reform That Keeps the Put Option Out-of-the-Money and the Taxpayers In-the-Money," Charles A. Stone and Anne Zissu eds., Risk Based Capital Regulations: Asset Management and Funding Strategies, (Business One Irwin), 1993
|
"The Future of Banking," Karl-Henrik Petersson eds., Banks: Do We Really Need Them, (Stockholm, Sweden: SNS Forlag), 1993
|
"Lender of Last Resort, Too Large To Fail, and Deposit Insurance Reform," Dan Brumbaugh Jr. and James Barth eds., The Reform of Deposit Insurance , (HarperBusiness), 1992
|
"The Separation of Banking and Commerce: Comment," James Barth and Philip Bartholomew eds., Emerging Challenges for the International Financial Services Industry, (JAI Press), 1992
|
"Long-Run Benefits in Financial Regulation from Increased Accountability and Privatization: Comment," Peter Dickson eds., Rebuilding Public Confidence Through Financial Reform , (Ohio State University), 1992
|
"Banking and Financial Intermediary Markets in the United States," Franklin Edwards and Hugh Patrick eds., Regulating International Financial Markets , (Kluwer Academic), 1991
|
"Economists Influencing Public Policy: The Shadow Financial Regulatory Committee," George G. Kaufman eds., Restructuring America's Financial System , (Kluwer Academic), 1990
|
"The Savings and Loan Rescue of 1989: Causes and Perspective," George G. Kaufman eds., Restructuring America's Financial System , (Kluwer Academic), 1990
|
"Banking Risk in Historical Perspective," George Kaufman eds., Research in Financial Services: Private and Public Policy, (JAI Press), 1989
|
"Securities Activities of Commercial Banks: The Current Economic and Legal Environments," George Kaufman eds., Research in Financial Services: Private and Public Policy , (JAI Press), 1989 , Co-Authors: Larry Mote,
|
"The Truth About Bank Runs," Catherine England and Thomas Huertas eds., The Financial Service Revolution: Policy Directions for the Future, (Kluwer Academic), 1988
|
"Management Vs. Economic Conditions As Contributors to the Recent Increase in Bank Failures: Commentary," Courtenay C. Stone eds., Financial Risk: Theory, Evidence and Implications, (Federal Reserve Bank of St. Louis (Kluwer Academic)), 1988
|
"Regulating Bank Safety and Performance," William S. Haraf, and Rose Marie Kusmeider eds., Restructuring Banking and Financial Services in America, (American Enterprise Institute, Kluwer), 1988 , Co-Authors: George J. Benston,
|
"Costs of Bank Failures: Overview, History, and Evaluation," George Kaufman and Roger Kormendi eds., Deregulating Financial Services: Public Policy in Flux , (Ballinger Press), 1986 , Co-Authors: George J. Benston,
|
"Financial Deregulation and Bank Failures," D. Hoover eds., Money and Risk: Creative Turmoil in Finance, Banking and Insurance, (ITT Key Issues Series, BooksCraft), 1986
|
"The Securities Activities of Commercial Banks," Richard Aspinwall and Robert Eisenbeis eds., Handbook for Banking Strategy, (Wiley-Interscience), 1985
|
"The Future of Commercial Banks in the Financial Services Industry," George J. Benston eds., Financial Services: The Changing Institutions and Government Policy, (American Assembly, Prentice-Hall), 1983 , Co-Authors: Larry Mote and Harvey Rosenblum,
|
"Recent Developments in Bond Portfolio Immunization Strategies," G. O. Bierwag eds., Innovations in Bond Portfolio Management: Duration Analysis and Immunization , (JAI Press), 1983 , Co-Authors: G. O. Bierwag and Alden Toevs,
|
"Bidding Procedures in the Sale of Municipal Bonds," Frank Fabozzi eds., Handbook of Municipal Bonds , (Dow Jones-Irwin), 1983
|
"Debt Management," J. Richard Aronson and Eli Schwartz eds., Management Policies in Local Government Finance, (International City Management Association), 1981 , Co-Authors: Philip Fischer, , Reprinted by 1987
|
"Inflation, Proposition 13 Fever and Suggested Relief," G. Kaufman and K. Rosen eds., The Property Tax Revolt: The Case of Proposition 13, (Ballinger Press), 1981
|
"Number of Bidders, Competition, and Inefficiency in the Sale of New Municipal Bonds," G. O. Bierwag eds., The Primary Market for Municipal Debt , (Greenwich, Conn.: JAI Press), 1981 , Co-Authors: Michael H. Hopewell,
|
"The Municipal Bond Sale That Didn't: A Case Study," G. O. Bierwag eds., The Primary Market for Municipal Debt, (Greenwich, Conn.: JAI Press), 1981 , Co-Authors: Earl Benson,
|
"Impact of Deregulation on the Mortgage Market," Housing Finance in the Eighties: Issues and Options , (Federal National Mortgage Association), 1981
|
"Underwriting of Municipal Revenue Bonds," Arnold W. Sametz eds., Securities Activities of Commercial Banks , (Lexington Books), 1981
|
"Preventing Bank Failures," Compendium of Major Issues in Bank Regulation, (U. S. Senate Committee on Banking, Housing, and Urban Affairs), May 1975
|
BOOK REVIEWS |
Reuven Glick, Ramon Moreno, and Mark Spiegel, "Financial Crises in Emerging Markets," Journal of Economic Literature, March 2004
|
George Selgin, "Bank Deregulation and Monetary Order," Journal of Banking and Finance, March 1998
|
R. Dan Brumbaugh, Jr., "The Collapse of Federally Insured Depositories," Journal of Finance, June 1994
|
James R. Adams, "The Big Fix: Inside The S&L Scandal," Journal of Economic Literature, March 1991
|
Andrew S. Carron, "The Plight of the Thrift Institutions," Wall Street Review of Books, Spring 1983
|
Federal Home Loan Bank of San Francisco, "Savings and Loan Asset Management Under Deregulation," Journal of Finance, December 1982
|
Thomas Mayer, "The Structure of Monetarism," Journal of Money, Credit, and Banking, February 1980
|
Federal Reserve Bank of Boston, "Controlling Monetary Aggregates II: The Implementation," Journal of Finance, March 1974
|
Elliot Marple and Bruce H. Olson, "The National Bank of Commerce of Seattle," Pacific Northwest Quarterly, July 1973
|
Douglas Fisher, "Money and Banking," Journal of Finance, December 1971
|
Edward M. Syring, "The Demand for Money in Norway," Journal of Finance, September 1969
|
J. Daniel Khazzoom, "The Currency Ratio in Developing Countries," Journal of Political Economy, August 1967
|
James L. Knipe, "The Federal Reserve and the American Dollar," Quarterly Review of Economics and Business, Spring 1966
|
George Macesich, "Commercial Banking and Regional Development in the United States 1950-60," National Banking Review, March 1966
|
CONGRESSIONAL AND OTHER TESTIMONY |
"Basel II Capital Standards: Appropriate for the United States?," the Committee on Banking, Housing and Urban Affairs, U.S. Senate, Hearings, 2005
|
"The Failure of the Superior Bank: Implications and Lessons," Testimony before the Committee on Banking, Housing and Urban Affairs, U.S. Senate, Hearings, September 11 and October 16 , 2001
|
"Modernizing Financial Services: Combining Banking and Commerce," Testimony Before Subcommittee on Capital Markets, Securities, and GSEs, U.S. House of Representatives, Hearings, March 12, 1997
|
"Expanded Bank Securities Powers," Subcommittee on Telecommunications and Finance; U. S. House of Representatives, Hearings, April 11, 1991
|
"Implications of `Too Big to Fail' for Deposit Insurance Reform," Subcommittee on Economic Stabilization; U. S. House of Representatives, Hearings, May 9, 1991
|
"Deposit Insurance Reform," Committee on Banking, Housing, and Urban Affairs; U. S. Senate, Hearings, May 22, 1990
|
"The Condition of the Commercial Banking Industry," Committee on Banking, Housing and Urban Affairs; U. S. Senate, Hearings, October 5, 1989
|
"Securities Powers of Commercial Banks," Committee on Banking, Housing, and Urban Affairs; U. S. Senate, Hearings, August 6, 1987
|
"Stability of the Banking System: Suggestions for Reform," Committee Financial Institutions, Supervision, Regulation, and Insurance of the Committee on Banking, Finance, and Urban Affairs, U. S. House of Representatives, Hearings, September 19, 1985
|
"Financial Deregulation and Public Policy," Committee on Banking, Housing, and Urban Affairs; U. S. Senate, Hearings, March 13, 1984
|
"Monetary Policy, Federal Reserve Accountability, and Alternative Institutional Arrangements," Joint Economic Committee; U. S. Congress, Hearings, June 5, 1984
|
"Implications of Changes in the Financial Services Industry for Regulation," Committee on Banking, Housing, and Urban Affairs; U. S. Senate, , Hearings, June 21, 1983
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"Implications of Financial Deregulation for Residential Housing," Subcommittee on Housing and Community Development, U. S. House of Representatives Hearings, October 15, 1981
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"Implications of Financial Deregulation for Residential Housing Finance," President's Commission on Housing, Washington, D. C., November 6, 1981
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"Bank Underwriting of Municipal Securities," Committee Financial Institutions, Supervision, Regulation, and Insurance of the Committee on Banking, Finance, and Urban Affairs, U. S. House of Representatives, Hearings, June 25, 1979
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"Variable Rate Mortgages," Subcommittee on Financial Institutions, Supervision, Regulation, and Insurance of Committee on Banking, Currency and Housing, U. S. House of Representatives, Hearings, April 10, 1975
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"Variable Rate Mortgages," Committee on Banking, Housing, and Urban Affairs; U. S. Senate, Hearings, April 17, 1975
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"Federal Bank Commission," Committee on Banking, Housing, and Urban Affairs; U. S. Senate, Hearings, October 31, 1975
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OTHER RESEARCH ACTIVITY |
"Tribute to Gerald O. Bierwag," Journal of Banking and Finance, July 2006
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"Prompt Closure is Better than Deposit Insurance," American Banker, July 2006
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"Resolving Insolvencies in Banking," ISCR Competition and Regulation Times (Victoria University, New Zealand), August 2004
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"Musings on Financial Stability Issues: An Interview with Professor George Kaufman," Bulletin (Reserve Bank of New Zealand), June 2004
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"Depositor Liquidity and Loss-Sharing in Bank Failure Resolutions," Working Paper Series (2003-02) (Federal Reserve Bank of Chicago), January 2003
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"A Proposal for Efficiently Resolving Out-of-the-Money Swap Positions at Large Insolvent Banks," Working Paper Series (2003-01) (Federal Reserve Bank of Chicago), January 2003
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"Bank Provinciality, Credit Crunches, and Asymmetric Monetary Policy Effects: A Unifying Model," Working Paper Series (2002-18) (Federal Reserve Bank of Chicago), November 2002 , Co-Authors: Robert Bliss
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"Explaining Bank Credit Crunches and Procyclicality," Chicago Fed Letter, July 2002 , Co-Authors: Robert Bliss
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"Does Bank Regulation Retard or Contribute to Systemic Risk? ," Working Paper Series (No.86); Stanford Institute for Economic Policy Research (Stanford University), January 2001 , Co-Authors: Kenneth E. Scott
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"Introduction ," Remarks at a workshop on Resolving Large Complex Banking Organizations (Federal Reserve Bank of Chicago), November 16 2001
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"Reforming Deposit Insurance - Once Again," Chicago Fed Letter, November 2001
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"Congress Should Not Monkey with Deposit Insurance," American Banker, August 10 2001
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"The Myth of Systemic Risk," Financial Services Newsletter (Federalist Society), Vol. 3, No. 3, 2000
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"Credit to the Needy Needn't Be Predatory," Chicago Tribune, August 16 2000
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"Does the Japanese Stock Market Price Bank Risk? Evidence from Bank Failures ," Working Paper Series (Federal Reserve Bank of Chicago), December 1999 , Co-Authors: Elijah Brewer, Hesna Genay, W. Curt Hunter
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"Banking and Currency Crises and Systemic Risk ," Working Paper (Federal Reserve Bank of Chicago), August 1999
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"FDICIA After Five Years: A Review and Evaluation ," Working Paper Series (Federal Reserve Bank of Chicago), July 1997 , Co-Authors: George Benston
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"NASDAQ: Market Efficiency and the Public Interest," Loyola University Chicago, Center for Financial and Policy Studies, March 1997
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"Bank Fragility: Causes, Implications and Evidence," Working Paper Series (Federal Reserve Bank of Chicago), September 1996
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"Bank Failures, Systemic Risk, and Bank Regulation," Working Paper Series (Federal Reserve Bank of Chicago), January 1996
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"How Should Financial Institutions and Markets Be Structured? Analysis and Options for Financial System Design," Working Paper Series, Federal Reserve Bank of Chicago, December 1996 , Co-Authors: Randall Kroszner
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"Exorcising the Myth of Banking the Old Way," Chicago Tribune, April 24 1995
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"Systemic Risk in Banking and Finance," Federation of American Scientists, September/October 1995
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"International Banking: The Next Frontier," Loyola University of Chicago: Center for Financial and Policy Studies, September 1995
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"Assessing Bank Performance: FDICIA Two Years Later," Loyola University of Chicago: Center for Financial and Policy Studies, February 1994
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"Bank Regulation and the Credit Crunch," Credit Crunch: Myth or Reality (University of New Mexico), March 1993
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"Long-Run Benefits in Financial Regulation from Increased Accountability and Privatization: Comment," Rebuilding Public Confidence through Financial Reform (Ohio State University), June 25, 1992
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"Too Big to Fail Has Failed Big," Biline, January 1991
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"The Incredible Shrinking S&L Industry," Chicago Fed Letter, December 1990 , Reprinted by Peter Rose, 5th ed., Readings in Financial Institutions and Markets, Irwin, 1993
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"Proposals For Deposit Insurance Reform," Financial Managers' Statement, November/December 1990
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"Safety and Soundness - Regulatory Philosophy," Financial Managers' Statement, January/February 1990 , Co-Authors: Robert Eisenbeis
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"The Chicago Fed Bank Structure Conference in Retrospect: The Early Years," Conference on Bank Structure and Competition (Federal Reserve Bank of Chicago), 1989
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"Are Some Banks Too Large Too Fail? Myth and Reality," Working Paper 89-14 (Federal Reserve Bank of Chicago), 1989
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"The Savings and Loan Rescue of 1989: Causes and Perspective," Working Paper 89-23 (Federal Reserve Bank of Chicago), December 1989
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"Securities Activities of Commercial Banks: The Current Economic and Legal Environments," Staff Memoranda 88-4 (Federal Reserve Bank of Chicago), forthcoming 1988 , Co-Authors: Larry Mote
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"The Truth About Bank Runs," Staff Memoranda 87-3 (Federal Reserve Bank of Chicago), April 1987
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"Public Policies Toward Failing Institutions: The Lessons from the Thrift Industry," Conference on Bank Structure and Competition (Federal Reserve Bank of Chicago), 1987
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"Is the Banking Safety-Net Distorting Risk Bearing Decisions," Financial Innovation and Financial Risk Policy Forum (American Enterprise Institute, Washington, D.C.), November 1986
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"Banking Risk in Historical Perspective," Conference on Bank Structure and Competition, Proceedings (Federal Reserve Bank of Chicago) and Staff Memoranda 86-3, 1986
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"Structure of the Financial Services Industry in 2011," American Banker (150th Anniversary Issue), 1986
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"Banking Without the Barriers," Chicago Tribune, January 15, 1985
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"Bank Reform Could Be a Bargain," Chicago Tribune, April 15, 1985
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"Financial Institution Deregulation and Impacts on the Traditional Sources of Mortgage Funds," Future Financing of Real Estate (Washington, D. C., National Association of Realtors), 1985
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"Ensuring the Safety and Soundness of the Banking System," Conference on Bank Structure and Competition, Proceedings (Federal Reserve Bank of Chicago), 1985
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"Implications of Large Bank Problems and Insolvencies for the Banking System and Economic Policy," Staff Memoranda, 85-3 (Federal Reserve Bank of Chicago), March 1985
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"Geographical Deregulation of Financial Services in Illinois: Proceedings of a Public Policy Symposium ," (Center for Financial Studies, Loyola University), March 1985
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"Duration Based Strategies for Managing Bank Interest Rate Risk," Symposium on Money, Banking, and Insurance: Proceedings (University of Karlsruhe, Germany), 1984 , Co-Authors: A. G. Malliaris
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"Bank Failure Fears Are Overdrawn," Wall Street Journal, October 12, 1984 , Reprinted by Pisciotta, Macroeconomics 85/86, Dushkin Publ., 1985
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"The Securities Activities of Commercial Banks," Staff Memoranda, 84-2 (Federal Reserve Bank of Chicago), January 1984
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"The Role of Traditional Mortgage Lenders in Future Mortgage Lending: Problems and Prospects," Staff Memoranda, 84-4 (Federal Reserve Bank of Chicago), March 1984
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"Consequences of Deregulation for Commercial Banking," Staff Memoranda, 84-3 (Federal Reserve Bank of Chicago), May 1984 , Co-Authors: Larry Mote and Harvey Rosenblum
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"The Securities Activities of Banks: What Has Been Done and What Could Have Been Done," Conference on Bank Structure and Competition: Proceedings (Federal Reserve Bank of Chicago), 1984
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"Comments on Governor Wallich's Paper, `Recent Techniques of Monetary Policy'," Journal of the Midwest Finance Association, 1984
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"A Proposal for Federal Deposit Insurance with Risk Sensitive Premiums," (A Study for the Federal Home Loan Bank Board), Staff Memoranda, 83-3 (Federal Reserve Bank of Chicago), February 1983 , Co-Authors: G. O. Bierwag , Reprinted by Conference on Bank Structure and Competition: Proceedings (Federal Reserve Bank of Chicago) (shorter version), 1983
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"Post-Resolution Treatment of Depositors at Failed Banks: Implications for the Severity of Banking Crises, Systemic Risk and Too-Big-To-Fail ," IMF Working Paper, January 1983 , Co-Authors: Steven Seelig , Reprinted by Working Paper Series (00-16); Federal Reserve Bank of Chicago, December 2000
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"The Future of Commercial Banks in the Financial Services Industry," Staff Memoranda, 83-5 (Federal Reserve Bank of Chicago), April 1983 , Co-Authors: Larry Mote and Harvey Rosenblum
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"Implications of Deregulation for Product Lines and Geographical Markets of Financial Institutions," Staff Memoranda, 82-2 (Federal Reserve Bank of Chicago), 1982 , Co-Authors: Larry Mote and Harvey Rosenblum
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"Letter on Monetary Policy," Monetarism and the Federal Reserve's Conduct of Monetary Policy (Committee Print: U. S. Congress, Joint Economic Committee), December 30, 1982
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"Residential Housing: Can There Be Life After Death," Proceedings of Second Annual Public Issues Symposium (Center for Financial and Policy Studies, Loyola University), May 1982
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"The Fed's Post-October 1979 Technical Operating Procedures: Reduced Ability to Control Money," Staff Memoranda, 82-3 (Federal Reserve Bank of Chicago), June 1982
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"Innovations in Treasury Financing: Analysis and Recommendations," Backgrounder (Heritage Foundation), August 1982
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"The Depository Institutions Deregulation and Monetary Control Act: Implications for the Mortgage Market," Proceedings of Conference on Bank Structure and Competition (Federal Reserve Bank of Chicago), 1981
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"The Outlook for Federal Reserve and Regulatory Policy Making," Proceedings of Conference on Bank Structure and Competition (Federal Reserve Bank of Chicago), 1981 , Co-Authors: Harvey Rosenblum
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"Can President Reagan's Economic Policies Work?: The LaSalle Street View," Proceedings of a Public Issues Symposium (Center for Financial and Policy Studies, Loyola University), June 1981
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"The Causes of the Acceleration in Worldwide Inflation in the 1970s," Money Manager, August 18, 1980
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"Bank Eligibility to Underwrite Municipal Revenue Issues and the Cost of Borrowing," Conference on Bank Structure and Competition (Federal Reserve Bank of Chicago), 1979 , Co-Authors: G. O. Bierwag and Michael H. Hopewell
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"A Critical Review of the Alternative Mortgage Instruments Research Study ," (Federal Home Loan Bank Board), 1978 , Co-Authors: Gerald S. Albaum
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"Variable Rate Mortgages," Conference on Alternative Mortgage Instruments (Cornell University), May 1978
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"What We Have Learned About Bank Regulation over the Economic Cycle: Evidence on Interest Rate Risk: Comment," West Coast Academic/Federal Reserve Economic Research Seminar (Federal Reserve Bank of San Francisco), 1978
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"Financial Intermediation Under Increasing Purchasing Power Risk," Money Manager, December 19, 1977
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"Security Loss Reserves for Commercial Banks," Conference on Bank Structure and Competition (Federal Reserve Bank of Chicago) , 1977
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"Variable Rate Residential Mortgages: The Early Experience from California," Conference on Bank Structure and Competition (Federal Reserve Bank of Chicago), 1976
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"Institutional Implications of the Changing Regulatory and Technological Framework on S & L Competition: Discussion," Changes in the Savings and Loan Industry (Federal Home Loan Bank of San Francisco), December 1976
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"Letter on Monetary Policy," Monetary Policy Oversight (Hearings: U. S. Senate Committee on Banking, Housing, and Urban Affairs), February 25 and 26, 1975
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"Experience with TIC Bidding," Daily Bond Buyer, SIA Supplement, October 2, 1974
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"TIC Coupon Optimizing Program," Center for Capital Market Research (University of Oregon), July 1974 , Co-Authors: G. O. Bierwag and Michael H. Hopewell , Reprinted by Daily Bond Buyer (partially), August 6, 1974
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"Costs to Municipalities of Using NIC to Award Bonds Sold Competitively," Daily Bond Buyer, Convention Supplement June 24, 1974 , Co-Authors: Michael H. Hopewell
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"The Structure of the Municipal Bond Underwriting Industry," Conference on Bank Structure and Competition (Federal Reserve Bank of Chicago) , 1974
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"'Lowest' Bond Bid Costs Minnesota Extra One Million Dollars," Wall Street Journal, October 20, 1972 , Co-Authors: Michael H. Hopewell and Richard R. West
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"The Variables of the Variable Rate Mortgage," Conference on Bank Structure and Competition (Federal Reserve Bank of Chicago), 1972
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"Bank Credit Cards in Oregon," Oregon Business Review, December 1971 , Co-Authors: Matthew Kingman
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"The Structure and Performance of Commercial Banking in Oregon," Oregon Business Review, May 1971
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"A monthly review of the Federal Reserve Bank of Chicago," Business Conditions (contributor), 1960 - 1970
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"Response of Commercial Banks to Federal Reserve Policy, 1957-59 (Ph.D. Dissertation, University of Iowa, 1962)," Journal of Finance (abstract published), March 1963
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"Commercial Banks, Near-Banks, and Federal Reserve Control," Iowa Business Digest, April 1963
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"Statistics and the Recession," Iowa Business Digest, January 1959
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