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 Administration, University of Akron, (more information at EDIRC)

Access statistics for papers by James B. Thomson.

Last updated 2013-03-11. Update your information in the RePEc Author Service.

Short-id: pth49

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Jump to Journal Articles Chapters

Working Papers

2011

1. Public policy in support of small business: the American experience
   Working Paper, Federal Reserve Bank of Cleveland

2010

2. Cleaning up the refuse from a financial crisis: the case for a resolution management corporation
   Working Paper, Federal Reserve Bank of Cleveland
3. The importance of financial market development on the relationship between loan guarantees for SMEs and local market employment rates
   Working Paper, Federal Reserve Bank of Cleveland

2007

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

2006

6. National bank notes and silver certificates
   Working Paper, Federal Reserve Bank of Cleveland View citations (1)
7. Small firm credit market discrimination, SBA-guaranteed lending, and local market economic performance
   Working Paper, Federal Reserve Bank of Cleveland View citations (2)
8. Small-firm credit markets, SBA-guaranteed lending, and economic performance in low-income areas
   Working Paper, Federal Reserve Bank of Cleveland View citations (1)

2005

9. SBA guaranteed lending and local economic growth
   Working Paper, Federal Reserve Bank of Atlanta View citations (5)
10. SBA-loan guarantees and local economic growth
    Working Paper, Federal Reserve Bank of Cleveland View citations (7)

2004

11. On SBA-guaranteed lending and economic growth
    Working Paper, Federal Reserve Bank of Cleveland View citations (8)

2003

12. Monitoring and controlling bank risk: does risky debt serve any purpose?
    Working Paper, Federal Reserve Bank of Cleveland
13. On credit spread slopes and predicting bank risk
    Working Paper, Federal Reserve Bank of Cleveland View citations (1)
    See also Journal Article in Journal of Money, Credit and Banking (2006)

2002

14. Getting the most out of a mandatory subordinated debt requirement
    Working Paper, Federal Reserve Bank of Cleveland
    See also Journal Article in Journal of Financial Services Research (2003)

2001

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

1998

17. Large shareholders and market discipline in a regulated industry: a clinical study of Mellon Bank
    Working Paper, Federal Reserve Bank of Cleveland

1997

18. Depositor preference legislation and failed banks' resolution costs
    Working Paper, Federal Reserve Bank of Cleveland
    See also Journal Article in Proceedings (1998)
19. Reliability analysis of the Federal Reserve automated payments systems
    Financial Services working paper, Federal Reserve Bank of Cleveland

1995

20. The changing role of banks and the changing value of deposit guarantees
    Working Paper, Federal Reserve Bank of Cleveland

1994

21. Anticipating bailouts: the incentive-conflict model and the collapse of the Ohio Deposit Guarantee Fund
    Working Paper, Federal Reserve Bank of Cleveland View citations (2)
    See also Journal Article in Journal of Banking & Finance (1995)
22. Depositor preference and the cost of capital for insured depository institutions
    Working Paper, Federal Reserve Bank of Cleveland View citations (1)
23. Loan sales: Pacific Rim trade in nontradable assets
    Working Paper, Federal Reserve Bank of Cleveland
24. Underlying determinants of closed-bank resolution costs
    Working Paper, Federal Reserve Bank of Cleveland View citations (2)

1993

25. Loan sales, implicit contracts, and bank structure
    Working Paper, Federal Reserve Bank of Cleveland View citations (6)
    See also Journal Article in Review of Quantitative Finance and Accounting (1996)
26. Regulatory taxes, investment, and financing decision for insured banks
    Working Paper, Federal Reserve Bank of Cleveland
    See also Journal Article in Proceedings (1995)

1992

27. Capital forbearance and thrifts: an ex post examination of regulatory gambling
    Working Paper, Federal Reserve Bank of Cleveland View citations (5)
    See also Journal Article in Proceedings (1993)

1991

28. On flexibility, capital structure, and investment decisions for the insured bank
    Working Paper, Federal Reserve Bank of Cleveland View citations (2)
    See also Journal Article in Journal of Banking & Finance (1993)
29. Troubled savings and loan institutions: voluntary restructuring under insolvency
    Working Paper, Federal Reserve Bank of Cleveland View citations (1)

1990

30. An insider's view of the political economy of the too big to fail doctrine
    Working Paper, Federal Reserve Bank of Cleveland View citations (5)
31. Optimal financial structure and bank capital requirements: an empirical investigation
    Working Paper, Federal Reserve Bank of Cleveland View citations (3)
32. The effect of subordinated debt and surety bonds on banks' cost of capital and on the value of federal deposit insurance
    Working Paper, Federal Reserve Bank of Cleveland

1989

33. An analysis of bank failures: 1984 to 1989
    Working Paper, Federal Reserve Bank of Cleveland

1988

34. Capital requirements and optimal bank portfolios: a reexamination
    Working Paper, Federal Reserve Bank of Cleveland
    See also Journal Article in Proceedings (1988)
35. Using SMVAM as a linear approximation to a nonlinear function: a note
    Working Paper, Federal Reserve Bank of Cleveland

1987

36. Deposit insurance and the cost of capital
    Working Paper, Federal Reserve Bank of Cleveland View citations (2)

1986

37. Errors in recorded security prices and the turn-of-the year effect
    Working Paper, Federal Reserve Bank of Cleveland View citations (1)
    See also Journal Article in Journal of Financial and Quantitative Analysis (1989)
38. The use of market information in pricing deposit insurance
    Working Paper, Federal Reserve Bank of Cleveland
    See also Journal Article in Journal of Money, Credit and Banking (1987)

Journal Articles

2012

1. Capital requirements for financial firms
   Economic Commentary, 2012, (Nov 1)
2. The history and rationale for a separate bank resolution process
   Economic Commentary, 2012, (Feb 2)

2011

3. An end to too big to let fail? The Dodd-Frank Act's orderly liquidation authority
   Economic Commentary, 2011, (Jan 5)
4. How well does bankruptcy work when large financial frms fail? Some lessons from Lehman Brothers
   Economic Commentary, 2011, (Oct 26)
5. Resolving large, complex financial firms
   Economic Commentary, 2011, (Aug 31)

2010

6. Predicting credit spreads
   Journal of Financial Intermediation, 2010, 19, (4), 529-563 View citations (1)
7. Stripdowns and bankruptcy: lessons from agricultural bankruptcy reform
   Economic Commentary, 2010, (Aug 3) View citations (1)

2009

8. On systemically important financial institutions and progressive systemic mitigation
   Policy Discussion Papers, 2009, (Aug) View citations (9)
9. Workshop on entrepreneurial finance: a summary
   Policy Discussion Papers, 2009, (Nov)

2008

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

2007

12. Central banks and crisis management
    Annual Report, 2007, 7-20 View citations (1)
13. Credit spreads and subordinated debt
    Economic Commentary, 2007, (Mar 1)
14. Does government intervention in the small-firm credit market help economic performance?
    Policy Discussion Papers, 2007, (Aug)

2006

15. Industrial loan companies
    Economic Commentary, 2006, (Oct 1) View citations (3)
16. On Credit-Spread Slopes and Predicting Bank Risk
    Journal of Money, Credit and Banking, 2006, 38, (6), 1545-1574 View citations (4)
    Also in Proceedings, 2004, (May), 188-226 (2004) View citations (1)
    See also Working Paper (2003)

2005

17. Monitoring and Controlling Bank Risk: Does Risky Debt Help?
    Journal of Finance, 2005, 60, (1), 343-378 View citations (19)
18. Systemic banking crises
    Policy Discussion Papers, 2005, (Feb) View citations (7)
19. The role of relationships in small-business lending
    Economic Commentary, 2005, (Oct 15) View citations (2)
20. Umbrella supervision
    Economic Commentary, 2005, (Sep 15)
21. Umbrella supervision and the role of the central bank
    Policy Discussion Papers, 2005, (Dec)

2004

22. Are SBA loan guarantees desirable?
    Economic Commentary, 2004, (Sep 15) View citations (2)

2003

23. Federal Home Loan Bank Lending to Community Banks: Are Targeted Subsidies Desirable?
    Journal of Financial Services Research, 2003, 23, (1), 5-28 View citations (9)
24. Getting the Most Out of a Mandatory Subordinated Debt Requirement
    Journal of Financial Services Research, 2003, 24, (2), 149-179 View citations (6)
    Also in Proceedings, 2003, (May), 290-303 (2003) View citations (3)
    See also Working Paper (2002)
25. The evolving role of the Federal Home Loan Banks in mortgage markets
    Economic Commentary, 2003, (Jun)

2002

26. 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
27. Commercial banks’ borrowing from the Federal Home Loan Bank
    Economic Commentary, 2002, (Jul) View citations (2)
28. Introduction
    Proceedings, 2002, 701-706

2001

29. Unitary thrifts: a performance analysis
    Economic Review, 2001, (Q II), 2-14
30. Who benefits from increasing the federal deposit insurance limit?
    Economic Commentary, 2001, (Sep 15) View citations (1)

2000

31. Raising the deposit-insurance limit: a bad idea whose time has come?
    Economic Commentary, 2000, (Apr 15)
32. Two deposit insurance funds are not necessarily better than one
    Economic Commentary, 2000, (Oct 15)

1999

33. Banking consolidation and correspondent banking
    Economic Review, 1999, (Q I), 9-20 View citations (2)
34. Depositor-preference laws and the cost of debt capital
    Economic Review, 1999, (Q III), 10-20 View citations (2)
35. Panel discussion: thoughts on the future of payments and central banking
    Proceedings, 1999, 668-681 View citations (1)
36. 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
37. The Exchange Stabilization Fund: how it works
    Economic Commentary, 1999, (Dec) View citations (2)
38. The truth about hedge funds
    Economic Commentary, 1999, (May 1) View citations (1)

1998

39. Bank notes and stored-value cards: stepping lightly into the past
    Economic Commentary, 1998, (Sep 1) View citations (1)
40. Comparative Financial Systems: Introduction
    Journal of Money, Credit and Banking, 1998, 30, (3), 421-25
41. Depositor preference legislation and failed banks' resolution costs
    Proceedings, 1998, (May), 226-246 View citations (1)
    See also Working Paper (1997)
42. Network externalities: the catch-22 of retail payments innovations
    Economic Commentary, 1998, (Feb 15) View citations (6)

1996

43. Loan Sales, Implicit Contracts, and Bank Structure
    Review of Quantitative Finance and Accounting, 1996, 7, (2), 137-62 View citations (4)
    Also in Proceedings, 1993, (May), 321-334, 335-338 (1993) View citations (3)
    See also Working Paper (1993)

1995

44. 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 (1994)
45. Federal funds futures as an indicator of future monetary policy: a primer
    Economic Review, 1995, (Q I), 20-30 View citations (24)
46. Regulatory taxes, investment and financing decisions for insured banks
    Proceedings, 1995, (May), 581-617 View citations (2)
    See also Working Paper (1993)
47. SAIF policy options
    Economic Commentary, 1995, (Jun)

1994

48. A conference on federal credit allocation
    Economic Review, 1994, (Q III), 2-13
49. Discussion of "objectives of bank management."
    Proceedings, 1994, (May), 468-473
50. Federal credit allocation: theory, evidence, and history; a conference sponsored by the Federal Reserve Bank of Cleveland, October 17-19, 1993
    Proceedings, 1994, (Aug)
51. Introduction
    Proceedings, 1994, 517-522 View citations (1)
52. The national depositor preference law
    Economic Commentary, 1994, (Feb 15) View citations (2)

1993

53. Capital forbearance and thrifts: an ex post examination of regulatory gambling
    Proceedings, 1993, (May), 406-420, 400-405 View citations (8)
    See also Working Paper (1992)
54. Making the SAIF safe for taxpayers
    Economic Commentary, 1993, (Nov 1)
55. On flexibility, capital structure and investment decisions for the insured bank
    Journal of Banking & Finance, 1993, 17, (6), 1133-1146 View citations (13)
    See also Working Paper (1991)
56. The cost of buying time: lessons from the thrift debacle
    Economic Commentary, 1993, (Jan 1) View citations (1)
57. The evolving loan sales market
    Economic Commentary, 1993, (Jul 15) View citations (1)
58. Troubled Savings and Loan Institutions: Turnaround Strategies Under Insolvency
    Financial Management, 1993, 22, (3) View citations (3)

1992

59. FDICIA's prompt corrective action provisions
    Economic Commentary, 1992, (Sep 1) View citations (13)
60. Forbearance, subordinated debt, and the cost of capital for insured depository institutions
    Economic Review, 1992, (Q III), 16-26

1991

61. Predicting bank failures in the 1980s
    Economic Review, 1991, (Q I), 9-20 View citations (13)
62. The RTC and the escalating costs of the thrift insurance mess
    Economic Commentary, 1991, (May 15) View citations (3)
63. The asset flexibility option and the value of deposit insurance
    Proceedings, 1991, 153-176 View citations (1)
64. 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 (5)

1990

65. Underlying causes of commercial bank failures in the 1980s
    Economic Commentary, 1990, (Sep 1) View citations (2)
66. Using market incentives to reform bank regulation and federal deposit insurance
    Economic Review, 1990, (Q I), 28-40 View citations (4)

1989

67. Bank capital requirements and the riskiness of banks: a review
    Economic Review, 1989, (Q I), 10-17
68. Bank lending to LBO's: risks and supervisory response
    Economic Commentary, 1989, (Feb 15)
69. Economic principles and deposit-insurance reform
    Economic Commentary, 1989, (May 15)
70. Errors in Recorded Security Prices and the Turn-ofthe-Year Effect
    Journal of Financial and Quantitative Analysis, 1989, 24, (04), 513-526
    See also Working Paper (1986)

1988

71. Capital requirements and optimal bank portfolios: a reexamination
    Proceedings, 1988, 112-127
    See also Working Paper (1988)
72. Using financial data to identify changes in bank condition
    Economic Review, 1988, (Q II), 17-26 View citations (18)

1987

73. FDIC policies for dealing with failed and troubled institutions
    Economic Commentary, 1987, (Oct 1) View citations (7)
74. FSLIC forbearances to stockholders and the value of savings and loan shares
    Economic Review, 1987, (Q III), 26-35 View citations (7)
75. Interbank exposure in the Fourth Federal Reserve District
    Economic Commentary, 1987, (Aug 1) View citations (1)
76. The Use of Market Information in Pricing Deposit Insurance
    Journal of Money, Credit and Banking, 1987, 19, (4), 528-37 View citations (13)
    See also Working Paper (1986)

1986

77. Alternative methods for assessing risk-based deposit insurance premiums
    Economic Commentary, 1986, (Sep 15)
78. Equity, efficiency, and mispriced deposit guarantees
    Economic Commentary, 1986, (Jul 15)

Chapters

2012

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