Details about Joseph Haubrich

Homepage:	https://www.clevelandfed.org/research/economists/haubrich-joseph-g
Phone:	(216) 579-2802
Postal address:	Research Department Federal Reserve Bank of Cleveland PO Box 6387 Cleveland, OH 44101-1387
Workplace:	Economic Research, Federal Reserve Bank of Cleveland, (more information at EDIRC)

Access statistics for papers by Joseph Haubrich.

Last updated 2023-02-24. Update your information in the RePEc Author Service.

Short-id: pha107

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Working Papers

2023

1. Federal Reserve Balance-Sheet Policy in an Ample Reserves Framework: An Inventory Approach
   Working Papers, Federal Reserve Bank of Cleveland

2021

2. Low Interest Rates and the Predictive Content of the Yield Curve
   Working Papers, Federal Reserve Bank of Cleveland

2020

3. Does the Yield Curve Predict Output?
   Working Papers, Federal Reserve Bank of Cleveland View citations (2)
   See also Journal Article Does the Yield Curve Predict Output?, Annual Review of Financial Economics, Annual Reviews (2021) View citations (2) (2021)
4. Low Interest Rates, Policy, and the Predictive Content of the Yield Curve
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2019

5. Causal Impact of Risk Oversight Functions on Bank Risk: Evidence from a Natural Experiment
   Working Papers, Federal Reserve Bank of Cleveland View citations (2)
6. Macroprudential Policy: Results from a Tabletop Exercise
   Working Papers, Federal Reserve Bank of Cleveland View citations (1)

2015

7. How Cyclical Is Bank Capital?
   Working Papers, Federal Reserve Bank of Cleveland View citations (2)
   Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2015) View citations (2)
   See also Journal Article How Cyclical Is Bank Capital?, Journal of Financial Services Research, Springer (2020) View citations (4) (2020)

2014

8. What do we know about regional banks? An exploratory analysis
   Working Papers (Old Series), Federal Reserve Bank of Cleveland

2012

9. Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (62)
   Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2012) View citations (57)
   See also Journal Article DEEP RECESSIONS, FAST RECOVERIES, AND FINANCIAL CRISES: EVIDENCE FROM THE AMERICAN RECORD, Economic Inquiry, Western Economic Association International (2017) View citations (34) (2017)

2011

10. Inflation expectations, real rates, and risk premia: evidence from inflation swaps
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (26)
    See also Journal Article Inflation Expectations, Real Rates, and Risk Premia: Evidence from Inflation Swaps, The Review of Financial Studies, Society for Financial Studies (2012) View citations (104) (2012)

2009

11. Credit Crises, Money and Contractions: an historical view
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2009) View citations (9)
    See also Journal Article Credit crises, money and contractions: An historical view, Journal of Monetary Economics, Elsevier (2010) View citations (98) (2010)

2008

12. Estimating real and nominal term structures using Treasury yields, inflation, inflation forecasts, and inflation swap rates
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (27)

2006

13. Forecasting with the yield curve; level, slope, and output 1875-1997
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    See also Journal Article Forecasting with the yield curve; level, slope, and output 1875-1997, Economics Letters, Elsevier (2008) View citations (24) (2008)
14. Gross loan flows
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2000) View citations (6)
    See also Journal Article Gross Loan Flows, Journal of Money, Credit and Banking, Blackwell Publishing (2013) View citations (22) (2013)
15. Who holds the toxic waste? an investigation of CMO holdings
    Proceedings, Federal Reserve Bank of Chicago View citations (1)
    See also Journal Article Who holds the toxic waste? An investigation of CMO holdings, Policy Discussion Papers, Federal Reserve Bank of Cleveland (2007) View citations (1) (2007)

2004

16. The Yield Curve, Recession and the Credibility of the Monetary Regime: long run evidence 1875-1997
    Econometric Society 2004 North American Summer Meetings, Econometric Society View citations (42)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2004) View citations (16)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (42)

2003

17. 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)
18. Pricing kernels, inflation, and the term structure of interest rates
    Working Papers (Old Series), Federal Reserve Bank of Cleveland

2001

19. Coalitions, power, and the FOMC
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)

1999

20. Banking and Commerce: A Liquidity Approach
    Working Papers, London School of Economics - Centre for Labour Economics View citations (2)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (1999)
    BIS Working Papers, Bank for International Settlements (1999)
    See also Journal Article Banking and commerce: A liquidity approach, Journal of Banking & Finance, Elsevier (2005) View citations (12) (2005)
21. Committing and reneging: a dynamic model of policy regimes
    Working Papers, Federal Reserve Bank of St. Louis View citations (2)
    See also Journal Article Committing and reneging: A dynamic model of policy regimes, International Review of Economics & Finance, Elsevier (2004) View citations (1) (2004)

1998

22. Banking and commerce: an approach based on liquidity synergies
    Proceedings, Federal Reserve Bank of Chicago
23. Dynamic commitment and imperfect policy rules
    Working Papers, Federal Reserve Bank of St. Louis View citations (2)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (1996)
24. 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)

1996

25. Commitment as investment under uncertainty
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)
    Also in Working Papers, Federal Reserve Bank of St. Louis (1996)

1995

26. Imperfect state verification and financial contracting
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (5)

1994

27. Bank diversification: laws and fallacies of large numbers
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    See also Journal Article Bank diversification: laws and fallacies of large numbers, Economic Review, Federal Reserve Bank of Cleveland (1998) View citations (9) (1998)
28. Executive compensation: a calibration approach
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    See also Journal Article Executive compensation: a calibration approach, Economic Theory, Springer (1998) View citations (8) (1998)
29. Loan sales: Pacific Rim trade in nontradable assets
    Working Papers (Old Series), Federal Reserve Bank of Cleveland

1993

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)
31. Sharing with a risk-neutral agent
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)
    See also Journal Article Sharing with a risk-neutral agent, Economic Review, Federal Reserve Bank of Cleveland (2001) (2001)

1992

32. Commitment as irreversible investment
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)

1991

33. Risk aversion, performance pay, and the principal-agent problem
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (1)
    See also Journal Article Risk Aversion, Performance Pay, and the Principal-Agent Problem, Journal of Political Economy, University of Chicago Press (1994) View citations (105) (1994)
34. The sources and nature of long-term memory in the business cycle
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (6)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (6)
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (3)
    NBER Working Papers, National Bureau of Economic Research, Inc (1989) View citations (16)

1990

35. Consumption and fractional differencing: old and new anomalies
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (1)
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (1)
    See also Journal Article Consumption and Fractional Differencing: Old and New Anomalies, The Review of Economics and Statistics, MIT Press (1993) View citations (5) (1993)
36. Sticky prices, money, and business fluctuations
    Working Papers (Old Series), Federal Reserve Bank of Cleveland
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1983)
    See also Journal Article Sticky Prices, Money, and Business Fluctuations, Journal of Money, Credit and Banking, Blackwell Publishing (1991) View citations (1) (1991)

1987

37. The paradox of loan sales
    Proceedings, Federal Reserve Bank of Chicago View citations (4)

1984

38. Banking and Insurance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article Banking and insurance, Journal of Monetary Economics, Elsevier (1990) View citations (43) (1990)

Undated

39. Bank Deregulation, Credit Markets and the Control of Capital
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (4)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (3)
    See also Journal Article Bank deregulation, credit markets, and the control of capital, Carnegie-Rochester Conference Series on Public Policy, Elsevier (1987) View citations (13) (1987)
40. Financial Intermediation: Delegated Monitoring and Long-Term Relationships
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (8)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (3)
    See also Journal Article Financial intermediation: Delegated monitoring and long-term relationships, Journal of Banking & Finance, Elsevier (1989) View citations (57) (1989)
41. Loan Sales, Recourse, and Reputation: An Analysis of Secondary Loan Participations
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (1)
42. Mechanisms, Multi-Lateral Incentive Compatibility, and the Core
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research
43. Monopolistic Competition and the Theory of Private Money
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research
44. Optimal Financial Structure in Exchange Economies
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (1)
    See also Journal Article Optimal Financial Structure in Exchange Economies, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1988) View citations (14) (1988)
45. The Loan Sales Market
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (9)
46. The Optimal Non-Linear Bank
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research

Journal Articles

2025

1. QT, Ample Reserves, and the Changing Fed Balance Sheet
   Economic Commentary, 2025, 2025, (05), 9

2023

2. Financial Stability: Frontier Risks, a New Normal, and Policy Challenges
   Economic Commentary, 2023, 2023, (14), 5

2022

3. Planning for Surprises, Learning from Crises: The 2021 Financial Stability Conference
   Economic Commentary, 2022, 2022, (08), 5
4. Some international evidence on the causal impact of the yield curve
   Finance Research Letters, 2022, 45, (C)

2021

5. Does the Yield Curve Predict Output?
   Annual Review of Financial Economics, 2021, 13, (1), 341-362 View citations (2)
   See also Working Paper Does the Yield Curve Predict Output?, Working Papers (2020) View citations (2) (2020)
6. Stress, Contagion, and Transmission: 2020 Financial Stability Conference
   Economic Commentary, 2021, 2021, (07), 5

2020

7. A Brief History of Bank Capital Requirements in the United States
   Economic Commentary, 2020, 2020, (05), 6 View citations (4)
8. Financial Stability: Risks, Resilience, and Policy
   Economic Commentary, 2020, 2020, (22), 4 View citations (1)
9. How Cyclical Is Bank Capital?
   Journal of Financial Services Research, 2020, 58, (1), 27-38 View citations (4)
   See also Working Paper How Cyclical Is Bank Capital?, Working Papers (2015) View citations (2) (2015)

2019

10. Trends in the Noninterest Income of Banks
    Economic Commentary, 2019, (September) View citations (7)

2017

11. DEEP RECESSIONS, FAST RECOVERIES, AND FINANCIAL CRISES: EVIDENCE FROM THE AMERICAN RECORD
    Economic Inquiry, 2017, 55, (1), 527-541 View citations (34)
    See also Working Paper Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record, NBER Working Papers (2012) View citations (62) (2012)
12. Sizing Up Systemic Risk
    Economic Commentary, 2017, (August)

2013

13. Focusing on the Future: Regional Banks and the Financial Marketplace
    Forefront, 2013, (Winter), 4-9 View citations (2)
14. Gross Loan Flows
    Journal of Money, Credit and Banking, 2013, 45, (2-3), 401-421 View citations (22)
    Also in Journal of Money, Credit and Banking, 2013, 45, (2‐3), 401-421 (2013) View citations (4)
    See also Working Paper Gross loan flows, Working Papers (Old Series) (2006) (2006)
15. Healthy Banks, Common Traits
    Forefront, 2013, (Winter), 1-36
16. Past Performance, Future Results?
    Forefront, 2013, (Spring), 1-36
17. Why are interest rates so low?
    Economic Commentary, 2013, (Apr)

2012

18. Capital requirements for financial firms
    Economic Commentary, 2012, (Nov)
19. Inflation Expectations, Real Rates, and Risk Premia: Evidence from Inflation Swaps
    The Review of Financial Studies, 2012, 25, (5), 1588-1629 View citations (104)
    See also Working Paper Inflation expectations, real rates, and risk premia: evidence from inflation swaps, Working Papers (Old Series) (2011) View citations (26) (2011)

2011

20. The future of inflation
    Economic Commentary, 2011, (Oct)

2010

21. Credit crises, money and contractions: An historical view
    Journal of Monetary Economics, 2010, 57, (1), 1-18 View citations (98)
    See also Working Paper Credit Crises, Money and Contractions: an historical view, NBER Working Papers (2009) View citations (12) (2009)
22. Inflation: noise, risk, and expectations
    Economic Commentary, 2010, (Jun)
23. W(h)ither the Fed’s balance sheet?
    Economic Commentary, 2010, 2010, (08)

2009

24. A conference on liquidity in frictional markets
    Policy Discussion Papers, 2009, (May)
25. A new approach to gauging inflation expectations
    Economic Commentary, 2009, 2009, (Aug), 4 View citations (2)
26. Putting systemic risk on the radar screen
    Annual Report, 2009, 5-17

2008

27. Forecasting with the yield curve; level, slope, and output 1875-1997
    Economics Letters, 2008, 99, (1), 48-50 View citations (24)
    See also Working Paper Forecasting with the yield curve; level, slope, and output 1875-1997, Working Papers (Old Series) (2006) (2006)
28. Identifying and resolving financial crises: a conference overview
    Policy Discussion Papers, 2008, (Aug)
29. The Yield Curve as a Predictor of Growth: Long-Run Evidence, 1875-1997
    The Review of Economics and Statistics, 2008, 90, (1), 182-185 View citations (26)

2007

30. Central banks and crisis management
    Annual Report, 2007, 7-20 View citations (1)
31. Credit spreads and subordinated debt
    Economic Commentary, 2007, (Mar)
32. Peak oil
    Economic Commentary, 2007, (Aug) View citations (1)
33. Some lessons on the rescue of Long-Term Capital Management
    Policy Discussion Papers, 2007, (Apr) View citations (1)
34. Who holds the toxic waste? An investigation of CMO holdings
    Policy Discussion Papers, 2007, (Jun) View citations (1)
    See also Working Paper Who holds the toxic waste? an investigation of CMO holdings, Proceedings (2006) View citations (1) (2006)

2006

35. Does the yield curve signal recession?
    Economic Commentary, 2006, (Apr) View citations (6)

2005

36. Banking and commerce: A liquidity approach
    Journal of Banking & Finance, 2005, 29, (2), 271-294 View citations (12)
    See also Working Paper Banking and Commerce: A Liquidity Approach, Working Papers (1999) View citations (2) (1999)
37. Too much risk?
    Economic Commentary, 2005, (Mar) View citations (1)
38. Umbrella supervision
    Economic Commentary, 2005, (Sep)
39. Umbrella supervision and the role of the central bank
    Policy Discussion Papers, 2005, (Dec)

2004

40. Bank concentration and competition: an evolution in the making; a conference sponsored by the Federal Reserve Bank of Cleveland, May 21-23, 2003
    Proceedings, 2004, (Jun) View citations (6)
41. Committing and reneging: A dynamic model of policy regimes
    International Review of Economics & Finance, 2004, 13, (1), 1-18 View citations (1)
    See also Working Paper Committing and reneging: a dynamic model of policy regimes, Working Papers (1999) View citations (2) (1999)
42. Interest rates, yield curves, and the monetary regime
    Economic Commentary, 2004, (Jun)
43. Introduction: Bank concentration and competition: an evolution in the making
    Proceedings, 2004, 433-451 View citations (197)
44. Oil prices: backward to the future?
    Economic Commentary, 2004, (Dec) View citations (4)

2003

45. Expensing stock options
    Economic Commentary, 2003, (Nov)
46. 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)
47. Information and prices
    Economic Commentary, 2003, (May)

2002

48. 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
49. Declining Treasury debt; a conference sponsored by the Federal Reserve Bank of Cleveland, October 24-26, 2001
    Proceedings, 2002
50. Introduction
    Proceedings, 2002, 701-706

2001

51. Risk management and financial crises
    Economic Commentary, 2001, (Feb) View citations (1)
52. Sharing with a risk-neutral agent
    Economic Review, 2001, (Q I), 2-8
    See also Working Paper Sharing with a risk-neutral agent, Working Papers (Old Series) (1993) View citations (1) (1993)
53. Swaps and the swaps yield curve
    Economic Commentary, 2001, (Dec) View citations (3)
54. The sources and nature of long-term memory in aggregate output
    Economic Review, 2001, (Q II), 15-30 View citations (26)

2000

55. Dynamic Commitment and Incomplete Policy Rules
    Journal of Money, Credit and Banking, 2000, 32, (4), 766-84 View citations (7)
56. Productivity and the term structure
    Economic Review, 2000, (Q IV), 2-9
57. Waiting for policy rules
    Economic Commentary, 2000, (Jan)
58. What should central banks do?; a conference sponsored by the Federal Reserve Bank of Cleveland, Oct. 27-29, 1999
    Proceedings, 2000, (Aug)

1999

59. Term structure economics from A to B
    Economic Review, 1999, (Q III), 2-9

1998

60. Bank diversification: laws and fallacies of large numbers
    Economic Review, 1998, 34, (Q II), 2-9 View citations (9)
    See also Working Paper Bank diversification: laws and fallacies of large numbers, Working Papers (Old Series) (1994) (1994)
61. Comparative Financial Systems: Introduction
    Journal of Money, Credit and Banking, 1998, 30, (3), 421-25
62. Comparative financial systems: a conference sponsored by the Federal Reserve Bank of Cleveland, November 5-7, 1997
    Proceedings, 1998, (Aug)
63. Executive compensation: a calibration approach
    Economic Theory, 1998, 12, (3), 561-581 View citations (8)
    See also Working Paper Executive compensation: a calibration approach, Working Papers (Old Series) (1994) (1994)
64. Gold prices
    Economic Commentary, 1998, (Mar) View citations (3)
65. Subordinated debt: tough love for banks?
    Economic Commentary, 1998, (Dec) View citations (3)

1997

66. Stock market fundamentals
    Economic Commentary, 1997, (Jan)
67. The dark side of liquidity
    Economic Commentary, 1997, (Sep)

1996

68. Combining bank supervision and monetary policy
    Economic Commentary, 1996, (Nov) View citations (24)
69. Derivatives and intermediation: a conference sponsored by the Federal Reserve Bank of Cleveland, November 1-3, 1995
    Proceedings, 1996
70. 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)
71. Predicting real growth using the yield curve
    Economic Review, 1996, (Q I), 26-35 View citations (104)

1995

72. Derivative mechanics: the CMO
    Economic Commentary, 1995, (Sep)
73. Vagueness, credibility, and government policy
    Economic Review, 1995, (Q I), 13-19 View citations (2)

1994

74. A conference on federal credit allocation
    Economic Review, 1994, 30, (Q III), 2-13
75. Fear and loathing in executive pay
    Economic Commentary, 1994, (Nov)
76. Federal credit allocation: theory, evidence, and history; a conference sponsored by the Federal Reserve Bank of Cleveland, October 17-19, 1993
    Proceedings, 1994, (Aug)
77. Introduction
    Proceedings, 1994, 517-522
78. Risk Aversion, Performance Pay, and the Principal-Agent Problem
    Journal of Political Economy, 1994, 102, (2), 258-76 View citations (105)
    See also Working Paper Risk aversion, performance pay, and the principal-agent problem, Working Papers (Old Series) (1991) View citations (1) (1991)

1993

79. Capital requirements and shifts in commercial bank portfolios
    Economic Review, 1993, 29, (Q III), 2-15 View citations (88)
80. Consumption and Fractional Differencing: Old and New Anomalies
    The Review of Economics and Statistics, 1993, 75, (4), 767-72 View citations (5)
    See also Working Paper Consumption and fractional differencing: old and new anomalies, Working Papers (Old Series) (1990) (1990)
81. Contracting Costs, Inflation, and Relative Price Variability: Comment
    Journal of Money, Credit and Banking, 1993, 25, (3), 609-11
82. The evolving loan sales market
    Economic Commentary, 1993, (Jul) View citations (1)

1992

83. Gilt by association: uncovering expected inflation
    Economic Commentary, 1992, (Jun) View citations (1)
84. Integrating business and personal income taxes
    Economic Commentary, 1992, (Oct)
85. Sluggish deposit rates: endogenous institutions and aggregate fluctuations
    Economic Review, 1992, 28, (Q II), 23-35 View citations (1)

1991

86. Do excess reserves reveal credit crunches?
    Economic Commentary, 1991, (Jul)
87. Financial efficiency and aggregate fluctuations: an exploration
    Economic Review, 1991, 27, (Q IV), 25-36
88. Sticky Prices, Money, and Business Fluctuations
    Journal of Money, Credit and Banking, 1991, 23, (2), 243-59 View citations (1)
    See also Working Paper Sticky prices, money, and business fluctuations, Working Papers (Old Series) (1990) (1990)

1990

89. Banking and insurance
    Journal of Monetary Economics, 1990, 26, (3), 361-386 View citations (43)
    See also Working Paper Banking and Insurance, NBER Working Papers (1984) View citations (5) (1984)
90. Nonmonetary effects of financial crises: Lessons from the great depression in Canada
    Journal of Monetary Economics, 1990, 25, (2), 223-252 View citations (35)

1989

91. Financial intermediation: Delegated monitoring and long-term relationships
    Journal of Banking & Finance, 1989, 13, (1), 9-20 View citations (57)
    See also Working Paper Financial Intermediation: Delegated Monitoring and Long-Term Relationships, Rodney L. White Center for Financial Research Working Papers View citations (8)

1988

92. Optimal Financial Structure in Exchange Economies
    International Economic Review, 1988, 29, (2), 217-35 View citations (14)
    See also Working Paper Optimal Financial Structure in Exchange Economies, Rodney L. White Center for Financial Research Working Papers View citations (1)

1987

93. Assessing deregulation: Further considerations A reply to David Romer
    Carnegie-Rochester Conference Series on Public Policy, 1987, 26, (1), 345-348
94. Bank deregulation, credit markets, and the control of capital
    Carnegie-Rochester Conference Series on Public Policy, 1987, 26, (1), 289-333 View citations (13)
    See also Working Paper Bank Deregulation, Credit Markets and the Control of Capital, Rodney L. White Center for Financial Research Working Papers View citations (4)

1986

95. Does the potency of monetary policy vary with capacity utilization? A comment
    Carnegie-Rochester Conference Series on Public Policy, 1986, 24, (1), 333-337
96. Dynamic collusion in an open economy
    Economics Letters, 1986, 20, (1), 75-78 View citations (2)

Books

2013

1. Quantifying Systemic Risk
   NBER Books, National Bureau of Economic Research, Inc View citations (19)

Edited books

2013

1. Quantifying Systemic Risk
   National Bureau of Economic Research Books, University of Chicago Press View citations (5)

Chapters

2012

1. Introduction to "Quantifying Systemic Risk"
   A chapter in Quantifying Systemic Risk, 2012, pp 1-10 View citations (5)

2011

2. Comment on "The Quantification of Systemic Risk and Stability: New Methods and Measures"
   A chapter in Quantifying Systemic Risk, 2011, pp 262-263