Details about James B. Thomson

E-mail:
Phone:	330.972.6329
Postal address:	James Thomson Professor of Finance and Chair College of Business Administration The University of Akron 259 South Broadway St. Akron, OH 44325
Workplace:	Department of Finance, College of Business, University of Akron, (more information at EDIRC) College of Business, University of Akron, (more information at EDIRC)

Access statistics for papers by James B. Thomson.

Last updated 2024-12-06. Update your information in the RePEc Author Service.

Short-id: pth49

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Working Papers

2015

1. Credit Market Information Feedback
   Working Papers (Old Series), Federal Reserve Bank of Cleveland
   See also Journal Article Credit Market Information Feedback, Atlantic Economic Journal, Springer (2016) (2016)

2013

2. Are banks forward-looking in their loan loss provisioning? Evidence from the Senior Loan Officer Opinion Survey (SLOOS)
   Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (5)

2011

3. Public policy in support of small business: the American experience
   Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)

2010

4. Cleaning up the refuse from a financial crisis: the case for a resolution management corporation
   Working Papers (Old Series), Federal Reserve Bank of Cleveland
5. The importance of financial market development on the relationship between loan guarantees for SMEs and local market employment rates
   Working Papers (Old Series), Federal Reserve Bank of Cleveland

2007

6. On forecasting the term structure of credit spreads
   Working Papers (Old Series), Federal Reserve Bank of Cleveland
7. On government intervention in the small-firm credit market and its effect on economic performance
   Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (3)

2006

8. National bank notes and silver certificates
   Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (2)
9. Small firm credit market discrimination, SBA-guaranteed lending, and local market economic performance
   Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (3)
10. Small-firm credit markets, SBA-guaranteed lending, and economic performance in low-income areas
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (3)

2005

11. SBA guaranteed lending and local economic growth
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (4)
12. SBA-loan guarantees and local economic growth
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (10)

2004

13. On SBA-guaranteed lending and economic growth
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (166)
14. On credit spread slopes and predicting bank risk
    Proceedings, Federal Reserve Bank of Chicago
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2003) View citations (1)
    See also Journal Article On Credit-Spread Slopes and Predicting Bank Risk, Journal of Money, Credit and Banking, Blackwell Publishing (2006) View citations (10) (2006)

2003

15. Getting the most out of mandatory subordinated debt requirement
    Proceedings, Federal Reserve Bank of Chicago View citations (8)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2002) View citations (1)
    See also Journal Article Getting the Most Out of a Mandatory Subordinated Debt Requirement, Journal of Financial Services Research, Springer (2003) View citations (12) (2003)
16. Monitoring and controlling bank risk: does risky debt serve any purpose?
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)

2001

17. Federal Home Loan Bank lending to community banks: are targeted subsidies necessary?
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (7)
18. PSAF, economic capital, and the new Basel Accord
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (2)

1998

19. Depositor preference legislation and failed banks' resolution costs
    Proceedings, Federal Reserve Bank of Chicago View citations (1)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (1997)
20. Large shareholders and market discipline in a regulated industry: a clinical study of Mellon Bank
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)

1997

21. Reliability analysis of the Federal Reserve automated payments systems
    Financial Services working paper, Federal Reserve Bank of Cleveland

1995

22. Regulatory taxes, investment and financing decisions for insured banks
    Proceedings, Federal Reserve Bank of Chicago View citations (1)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (1993)
23. The changing role of banks and the changing value of deposit guarantees
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (2)

1994

24. Anticipating bailouts: the incentive-conflict model and the collapse of the Ohio Deposit Guarantee Fund
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (2)
    See also Journal Article Anticipating bailouts: The incentive-conflict model and the collapse of the Ohio deposit guarantee fund, Journal of Banking & Finance, Elsevier (1995) View citations (3) (1995)
25. Depositor preference and the cost of capital for insured depository institutions
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)
26. Discussion of \"objectives of bank management.\"
    Proceedings, Federal Reserve Bank of Chicago
27. Loan sales: Pacific Rim trade in nontradable assets
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
28. Underlying determinants of closed-bank resolution costs
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (2)

1993

29. Capital forbearance and thrifts: an ex post examination of regulatory gambling
    Proceedings, Federal Reserve Bank of Chicago View citations (1)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (1992) View citations (8)
30. Loan sales, implicit contracts, and bank structure
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (7)
    Also in Proceedings, Federal Reserve Bank of Chicago (1993) View citations (6)
    See also Journal Article Loan Sales, Implicit Contracts, and Bank Structure, Review of Quantitative Finance and Accounting, Springer (1996) View citations (10) (1996)

1991

31. On flexibility, capital structure, and investment decisions for the insured bank
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (2)
    See also Journal Article On flexibility, capital structure and investment decisions for the insured bank, Journal of Banking & Finance, Elsevier (1993) View citations (20) (1993)
32. The asset flexibility option and the value of deposit insurance
    Proceedings, Federal Reserve Bank of Chicago View citations (1)
33. Troubled savings and loan institutions: voluntary restructuring under insolvency
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)

1990

34. An insider's view of the political economy of the too big to fail doctrine
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (5)
35. Optimal financial structure and bank capital requirements: an empirical investigation
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (4)
36. The effect of subordinated debt and surety bonds on banks' cost of capital and on the value of federal deposit insurance
    Working Papers (Old Series), Federal Reserve Bank of Cleveland

1989

37. An analysis of bank failures: 1984 to 1989
    Working Papers (Old Series), Federal Reserve Bank of Cleveland

1988

38. Capital requirements and optimal bank portfolios: a reexamination
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    Also in Proceedings, Federal Reserve Bank of Chicago (1988)
39. Using SMVAM as a linear approximation to a nonlinear function: a note
    Working Papers (Old Series), Federal Reserve Bank of Cleveland

1987

40. Deposit insurance and the cost of capital
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (2)

1986

41. Errors in recorded security prices and the turn-of-the year effect
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)
    See also Journal Article Errors in Recorded Security Prices and the Turn-ofthe-Year Effect, Journal of Financial and Quantitative Analysis, Cambridge University Press (1989) View citations (1) (1989)
42. The use of market information in pricing deposit insurance
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    See also Journal Article The Use of Market Information in Pricing Deposit Insurance, Journal of Money, Credit and Banking, Blackwell Publishing (1987) View citations (16) (1987)

Journal Articles

2017

1. Evidence of Forward-Looking Loan Loss Provisioning with Credit Market Information
   Journal of Financial Services Research, 2017, 52, (3), 191-223 View citations (8)

2016

2. Credit Market Information Feedback
   Atlantic Economic Journal, 2016, 44, (3), 405-407
   See also Working Paper Credit Market Information Feedback, Working Papers (Old Series) (2015) (2015)

2014

3. The Moderating Influence of Financial Market Development on the Relationship between Loan Guarantees for SMEs and Local Market Employment Rates
   Journal of Small Business Management, 2014, 52, (1), 126-140

2012

4. Capital requirements for financial firms
   Economic Commentary, 2012, (Nov)
5. The history and rationale for a separate bank resolution process
   Economic Commentary, 2012, (Feb) View citations (2)

2011

6. An end to too big to let fail? The Dodd-Frank Act's orderly liquidation authority
   Economic Commentary, 2011, (Jan) View citations (2)
7. How well does bankruptcy work when large financial firms fail? Some lessons from Lehman Brothers
   Economic Commentary, 2011, (Oct) View citations (2)
8. Resolving large, complex financial firms
   Economic Commentary, 2011, (Aug)

2010

9. Predicting credit spreads
   Journal of Financial Intermediation, 2010, 19, (4), 529-563 View citations (13)
10. Stripdowns and bankruptcy: lessons from agricultural bankruptcy reform
    Economic Commentary, 2010, (Aug) View citations (4)

2009

11. On systemically important financial institutions and progressive systemic mitigation
    Policy Discussion Papers, 2009, (Aug) View citations (18)
12. The Economic Impact of the Small Business Administration's Intervention in the Small Firm Credit Market: A Review of the Research Literature*
    Journal of Small Business Management, 2009, 47, (2), 221-231 View citations (3)
13. Workshop on entrepreneurial finance: a summary
    Policy Discussion Papers, 2009, (Nov)

2008

14. Credit market failure intervention: Do government sponsored small business credit programs enrich poorer areas?
    Small Business Economics, 2008, 30, (4), 345-360 View citations (33)
15. Identifying and resolving financial crises: a conference overview
    Policy Discussion Papers, 2008, (Aug)

2007

16. Central banks and crisis management
    Annual Report, 2007, 7-20 View citations (1)
17. Credit spreads and subordinated debt
    Economic Commentary, 2007, (Mar)
18. Does government intervention in the small-firm credit market help economic performance?
    Policy Discussion Papers, 2007, (Aug) View citations (2)
19. Small Firm Credit Market Discrimination, Small Business Administration Guaranteed Lending, and Local Market Economic Performance
    The ANNALS of the American Academy of Political and Social Science, 2007, 613, (1), 73-94
20. Small Firm Finance, Credit Rationing, and the Impact of SBA‐Guaranteed Lending on Local Economic Growth
    Journal of Small Business Management, 2007, 45, (1), 116-132 View citations (2)

2006

21. Does Small Business Administration guaranteed lending improve economic performance in lowincome areas?
    Proceedings: Community Affairs Dept. Conferences, 2006, (Jul), 55-85
22. Industrial loan companies
    Economic Commentary, 2006, (Oct) View citations (4)
23. On Credit-Spread Slopes and Predicting Bank Risk
    Journal of Money, Credit and Banking, 2006, 38, (6), 1545-1574 View citations (10)
    See also Working Paper On credit spread slopes and predicting bank risk, Proceedings (2004) (2004)

2005

24. Monitoring and Controlling Bank Risk: Does Risky Debt Help?
    Journal of Finance, 2005, 60, (1), 343-378 View citations (64)
25. Systemic banking crises
    Policy Discussion Papers, 2005, (Feb) View citations (14)
26. The role of relationships in small-business lending
    Economic Commentary, 2005, (Oct) View citations (2)
27. Umbrella supervision
    Economic Commentary, 2005, (Sep)
28. Umbrella supervision and the role of the central bank
    Policy Discussion Papers, 2005, (Dec)

2004

29. Are SBA loan guarantees desirable?
    Economic Commentary, 2004, (Sep) View citations (4)

2003

30. Federal Home Loan Bank Lending to Community Banks: Are Targeted Subsidies Desirable?
    Journal of Financial Services Research, 2003, 23, (1), 5-28 View citations (14)
31. Getting the Most Out of a Mandatory Subordinated Debt Requirement
    Journal of Financial Services Research, 2003, 24, (2), 149-179 View citations (12)
    See also Working Paper Getting the most out of mandatory subordinated debt requirement, Proceedings (2003) View citations (8) (2003)
32. The evolving role of the Federal Home Loan Banks in mortgage markets
    Economic Commentary, 2003, (Jun)

2002

33. A Conference Sponsored by the Federal Reserve Bank of Cleveland, October 24-26, 2001: Introduction
    Journal of Money, Credit and Banking, 2002, 34, (3), 701-06
34. Commercial banks’ borrowing from the Federal Home Loan Bank
    Economic Commentary, 2002, (Jul) View citations (2)
35. Introduction
    Proceedings, 2002, 701-706

2001

36. Unitary thrifts: a performance analysis
    Economic Review, 2001, (Q II), 2-14
37. Who benefits from increasing the federal deposit insurance limit?
    Economic Commentary, 2001, (Sep) View citations (1)

2000

38. Raising the deposit-insurance limit: a bad idea whose time has come?
    Economic Commentary, 2000, (Apr)
39. Two deposit insurance funds are not necessarily better than one
    Economic Commentary, 2000, (Oct)

1999

40. Banking consolidation and correspondent banking
    Economic Review, 1999, (Q I), 9-20 View citations (7)
41. Depositor-preference laws and the cost of debt capital
    Economic Review, 1999, (Q III), 10-20 View citations (5)
42. Panel discussion: thoughts on the future of payments and central banking
    Proceedings, 1999, 668-681 View citations (1)
43. Panel: Thoughts on the Future of Payments and Central Banking: The Role of Central Banks in Money and Payments Systems
    Journal of Money, Credit and Banking, 1999, 31, (3), 677-81
44. The Exchange Stabilization Fund: how it works
    Economic Commentary, 1999, (Dec) View citations (2)
45. The truth about hedge funds
    Economic Commentary, 1999, (May) View citations (1)

1998

46. Bank notes and stored-value cards: stepping lightly into the past
    Economic Commentary, 1998, (Sep) View citations (1)
47. Comparative Financial Systems: Introduction
    Journal of Money, Credit and Banking, 1998, 30, (3), 421-25
48. Network externalities: the catch-22 of retail payments innovations
    Economic Commentary, 1998, (Feb) View citations (7)

1996

49. Loan Sales, Implicit Contracts, and Bank Structure
    Review of Quantitative Finance and Accounting, 1996, 7, (2), 137-62 View citations (10)
    See also Working Paper Loan sales, implicit contracts, and bank structure, Working Papers (Old Series) (1993) View citations (7) (1993)

1995

50. Anticipating bailouts: The incentive-conflict model and the collapse of the Ohio deposit guarantee fund
    Journal of Banking & Finance, 1995, 19, (8), 1401-1418 View citations (3)
    See also Working Paper Anticipating bailouts: the incentive-conflict model and the collapse of the Ohio Deposit Guarantee Fund, Working Papers (Old Series) (1994) View citations (2) (1994)
51. Federal funds futures as an indicator of future monetary policy: a primer
    Economic Review, 1995, (Q I), 20-30 View citations (35)
52. SAIF policy options
    Economic Commentary, 1995, (Jun)

1994

53. A conference on federal credit allocation
    Economic Review, 1994, 30, (Q III), 2-13
54. Federal credit allocation: theory, evidence, and history; a conference sponsored by the Federal Reserve Bank of Cleveland, October 17-19, 1993
    Proceedings, 1994, (Aug)
55. Introduction
    Proceedings, 1994, 517-522
56. The national depositor preference law
    Economic Commentary, 1994, (Feb) View citations (3)

1993

57. Making the SAIF safe for taxpayers
    Economic Commentary, 1993, (Nov)
58. On flexibility, capital structure and investment decisions for the insured bank
    Journal of Banking & Finance, 1993, 17, (6), 1133-1146 View citations (20)
    See also Working Paper On flexibility, capital structure, and investment decisions for the insured bank, Working Papers (Old Series) (1991) View citations (2) (1991)
59. The cost of buying time: lessons from the thrift debacle
    Economic Commentary, 1993, (Jan) View citations (1)
60. The evolving loan sales market
    Economic Commentary, 1993, (Jul) View citations (1)
61. Troubled Savings and Loan Institutions: Turnaround Strategies Under Insolvency
    Financial Management, 1993, 22, (3) View citations (5)

1992

62. FDICIA's prompt corrective action provisions
    Economic Commentary, 1992, (Sep) View citations (5)
63. Forbearance, subordinated debt, and the cost of capital for insured depository institutions
    Economic Review, 1992, 28, (Q III), 16-26

1991

64. Predicting bank failures in the 1980s
    Economic Review, 1991, 27, (Q I), 9-20 View citations (36)
65. The RTC and the escalating costs of the thrift insurance mess
    Economic Commentary, 1991, (May) View citations (3)
66. The effect of subordinated debt and surety bonds on the cost of capital for banks and the value of federal deposit insurance
    Journal of Banking & Finance, 1991, 15, (4-5), 939-953 View citations (9)

1990

67. Rethinking and Living with the Limits of Bank Regulation
    Cato Journal, 1990, 9, (3), 579-600 View citations (1)
68. Underlying causes of commercial bank failures in the 1980s
    Economic Commentary, 1990, (Sep) View citations (6)
69. Using market incentives to reform bank regulation and federal deposit insurance
    Economic Review, 1990, 26, (Q I), 28-40 View citations (6)

1989

70. Bank capital requirements and the riskiness of banks: a review
    Economic Review, 1989, 25, (Q I), 10-17 View citations (1)
71. Bank lending to LBO's: risks and supervisory response
    Economic Commentary, 1989, (Feb)
72. Economic principles and deposit-insurance reform
    Economic Commentary, 1989, (May)
73. Errors in Recorded Security Prices and the Turn-ofthe-Year Effect
    Journal of Financial and Quantitative Analysis, 1989, 24, (4), 513-526 View citations (1)
    See also Working Paper Errors in recorded security prices and the turn-of-the year effect, Working Papers (Old Series) (1986) View citations (1) (1986)

1988

74. Using financial data to identify changes in bank condition
    Economic Review, 1988, 24, (Q II), 17-26 View citations (27)

1987

75. FDIC policies for dealing with failed and troubled institutions
    Economic Commentary, 1987, (Oct) View citations (7)
76. FSLIC forbearances to stockholders and the value of savings and loan shares
    Economic Review, 1987, (Q III), 26-35 View citations (8)
77. Interbank exposure in the Fourth Federal Reserve District
    Economic Commentary, 1987, (Aug) View citations (1)
78. The Use of Market Information in Pricing Deposit Insurance
    Journal of Money, Credit and Banking, 1987, 19, (4), 528-37 View citations (16)
    See also Working Paper The use of market information in pricing deposit insurance, Working Papers (Old Series) (1986) (1986)

1986

79. Alternative methods for assessing risk-based deposit insurance premiums
    Economic Commentary, 1986, (Sep)
80. Equity, efficiency, and mispriced deposit guarantees
    Economic Commentary, 1986, (Jul)

Chapters

2012

1. Lehman Brothers bankruptcy, what lessons can be drawn?
   Palgrave Macmillan