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Details about Joseph P. Hughes

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Homepage:https://economics.rutgers.edu/people/faculty/people/86-faculty/218-hughes-joseph-p
Workplace:Department of Economics, Rutgers University-New Brunswick, (more information at EDIRC)

Access statistics for papers by Joseph P. Hughes.

Last updated 2022-08-03. Update your information in the RePEc Author Service.

Short-id: phu331


Jump to Journal Articles Chapters

Working Papers

2019

  1. CONSUMER LENDING EFFICIENCY:COMMERCIAL BANKS VERSUS A FINTECH LENDER
    Working Papers, Federal Reserve Bank of Philadelphia Downloads View citations (2)
    Also in Departmental Working Papers, Rutgers University, Department of Economics (2018) Downloads

    See also Journal Article in Financial Innovation (2022)
  2. Does Scale Matter in Community Bank Performance? Evidence Obtained by Applying Several New Measures of Performance
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (10)
    Also in Departmental Working Papers, Rutgers University, Department of Economics (2018) Downloads View citations (2)
    Working Papers, Federal Reserve Bank of Philadelphia (2018) Downloads View citations (1)

    See also Journal Article in Journal of Banking & Finance (2019)

2018

  1. How Bad Is a Bad Loan? Distinguishing Inherent Credit Risk from Inefficient Lending (Does the Capital Market Price This Difference?)
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (3)
    Also in Departmental Working Papers, Rutgers University, Department of Economics (2017) Downloads View citations (7)

    See also Journal Article in Journal of Economics and Business (2022)
  2. The Performance of Financial Institutions: Modeling, Evidence, and Some Policy Implications
    Departmental Working Papers, Rutgers University, Department of Economics Downloads

2017

  1. Capital Regulation: Less Really Can Be More When Incentives Are Socially Aligned
    Departmental Working Papers, Rutgers University, Department of Economics Downloads

2016

  1. Is Bigger Necessarily Better in Community Banking?
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (5)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2016) Downloads View citations (4)
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center (2016) Downloads View citations (5)
    Working Papers, Federal Reserve Bank of Philadelphia (2016) Downloads View citations (6)
  2. Market Discipline Working for and Against Financial Stability: The Two Faces of Equity Capital in U.S. Commercial Banking
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (5)
  3. Measuring Agency Costs and the Value of Investment Opportunities of U.S. Bank Holding Companies with Stochastic Frontier Estimation
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (1)
    See also Chapter (2017)

2015

  1. The Future of Large, Internationally Active Banks: Does Scale Define the Winners?
    Departmental Working Papers, Rutgers University, Department of Economics Downloads
    See also Chapter (2016)

2013

  1. Measuring the Performance of Banks: Theory, Practice, Evidence, and Some Policy Implications
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center Downloads View citations (5)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2013) Downloads View citations (2)
    Departmental Working Papers, Rutgers University, Department of Economics (2013) Downloads View citations (5)
  2. Who Said Large Banks Don't Experience Scale Economies? Evidence from a Risk-Return-Driven Cost Function
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center Downloads View citations (136)
    Also in Working Papers, University of Pennsylvania, Wharton School, Weiss Center (2011) Downloads View citations (16)
    Working Papers, Federal Reserve Bank of Philadelphia (2013) Downloads View citations (36)
    Departmental Working Papers, Rutgers University, Department of Economics (2011) Downloads View citations (5)
    Working Papers, Federal Reserve Bank of Philadelphia (2011) Downloads View citations (5)

    See also Journal Article in Journal of Financial Intermediation (2013)

2012

  1. A Primer on Market Discipline and Governance of Financial Institutions for Those in a State of Shocked Disbelief
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (4)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2012) Downloads View citations (1)

2011

  1. A NEW COST EFFICIENCY MEASURE FOR NOT-FOR-PROFIT FIRMS: EVIDENCE OF A LINK BETWEEN INEFFICIENCY AND LARGE ENDOWMENTS
    Departmental Working Papers, Rutgers University, Department of Economics Downloads
    See also Journal Article in Atlantic Economic Journal (2013)
  2. The Elusive Scale Economies of the Largest Banks and their Implications for Global Competitiveness
    Departmental Working Papers, Rutgers University, Department of Economics Downloads
    See also Chapter (2013)

2008

  1. Efficiency in Banking: Theory, Practice, and Evidence
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (37)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2008) Downloads View citations (29)

2004

  1. Estimating managers' utility-maximizing demand for agency goods
    Proceedings, Federal Reserve Bank of Chicago View citations (2)
  2. Managerial Incentives and the Efficiency of Capital Structure in U.S. Commercial Banking
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (1)

2002

  1. Do Bankers Sacrifice Value to Build Empires? Managerial Incentives, Industry Consolidation and Financial Performance
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania Downloads View citations (1)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2002) Downloads View citations (6)
    Departmental Working Papers, Rutgers University, Department of Economics (2001) Downloads View citations (1)

    See also Journal Article in Journal of Banking & Finance (2003)

2001

  1. Managerial Incentives and the Efficiency of Capital Structure
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (2)
    Also in Proceedings, Federal Reserve Bank of Chicago (2001)

2000

  1. Are All Scale Economies in Banking Elusive or Illusive: Evidence Obtained by Incorporating Capital Structure and Risk Taking into Models of Bank Production
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania Downloads View citations (5)
  2. Are Scale Economies in Banking Elusive or Illusive?
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (26)
  3. Are scale economies in banking elusive or illusive? Evidence obtained by incorporating capital structure and risk-taking into models of bank production
    Working Papers, Federal Reserve Bank of Philadelphia Downloads View citations (4)
    Also in Proceedings, Federal Reserve Bank of Chicago (2000) View citations (7)

    See also Journal Article in Journal of Banking & Finance (2001)
  4. Efficient Risk-Taking and Regulatory Covenant Enforcement in a Deregulated Banking Industry
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (3)
    See also Journal Article in Journal of Economics and Business (2001)
  5. Recovering Risky Technologies Using The Almost Ideal Demand System: An Application To U.S. Banking
    Departmental Working Papers, Rutgers University, Department of Economics Downloads View citations (45)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2000) Downloads View citations (36)
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania (2000) Downloads View citations (41)
    Working Papers, Federal Reserve Bank of Philadelphia (1997) Downloads View citations (22)

    See also Journal Article in Journal of Financial Services Research (2000)

1999

  1. Measuring the efficiency of capital allocation in commercial banking
    Proceedings, Federal Reserve Bank of Chicago View citations (1)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1998) Downloads View citations (9)

1998

  1. Measuring efficiency when market prices are subject to adverse selection
    Working Papers, Federal Reserve Bank of Philadelphia Downloads View citations (3)
  2. The Dollars and Sense of Bank Consolidation
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania Downloads View citations (6)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1998) Downloads View citations (2)

    See also Journal Article in Journal of Banking & Finance (1999)

1997

  1. Bank Capitalization and Cost: Evidence of Scale Economies in Risk Management and Signaling
    Departmental Working Papers, Rutgers University, Department of Economics View citations (7)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1997) Downloads

    See also Journal Article in The Review of Economics and Statistics (1998)
  2. Bank Managers' Objectives
    Departmental Working Papers, Rutgers University, Department of Economics
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1994) View citations (3)
  3. Efficient Banking Under Interstate Branching
    Departmental Working Papers, Rutgers University, Department of Economics
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1996) Downloads View citations (183)

    See also Journal Article in Journal of Money, Credit and Banking (1996)
  4. Evidence on the objective of bank regulators
    Proceedings, Federal Reserve Bank of Chicago
  5. Measuring Bank Efficiency When Managers Trade Return for Reduced Risk
    Departmental Working Papers, Rutgers University, Department of Economics View citations (16)
  6. Recovering Technologies That Account for Generalized Managerial Preferences: An Application to Non-Risks-Neutral Banks
    Departmental Working Papers, Rutgers University, Department of Economics
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1995) View citations (33)
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania (1995) View citations (22)

1996

  1. Safety in numbers? Geographic diversification and bank insolvency risk
    Working Papers, Federal Reserve Bank of Philadelphia Downloads View citations (18)
    Also in Proceedings, Federal Reserve Bank of Chicago (1996) View citations (9)

1995

  1. Recovering banking technologies when managers are not risk-neutral
    Proceedings, Federal Reserve Bank of Chicago View citations (2)

1994

  1. Evidence on the objectives of bank managers
    Proceedings, Federal Reserve Bank of Chicago View citations (2)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (4)
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (5)
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania (1992) Downloads

1993

  1. Accounting for the demand for financial capital and risk-taking in bank cost functions
    Working Papers, Federal Reserve Bank of Philadelphia View citations (11)

1991

  1. A quality and risk-adjusted cost function for banks: evidence on the \" too-big-to-fail\" doctrine
    Working Papers, Federal Reserve Bank of Philadelphia
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (41)

Journal Articles

2022

  1. Consumer lending efficiency: commercial banks versus a fintech lender
    Financial Innovation, 2022, 8, (1), 1-39 Downloads View citations (5)
    See also Working Paper (2019)
  2. How bad is a bad loan? Distinguishing inherent credit risk from inefficient lending (Does the capital market price this difference?)
    Journal of Economics and Business, 2022, 120, (C) Downloads
    See also Working Paper (2018)

2019

  1. Does scale matter in community bank performance? Evidence obtained by applying several new measures of performance
    Journal of Banking & Finance, 2019, 106, (C), 471-499 Downloads View citations (10)
    See also Working Paper (2019)

2018

  1. Comments on “The Evolving Complexity of Capital Regulation”
    Journal of Financial Services Research, 2018, 53, (2), 207-210 Downloads

2013

  1. A New Cost Efficiency Measure for Not-for-Profit Firms: Evidence of a Link Between Inefficiency and Large Endowments
    Atlantic Economic Journal, 2013, 41, (3), 279-300 Downloads View citations (1)
    See also Working Paper (2011)
  2. Who said large banks don’t experience scale economies? Evidence from a risk-return-driven cost function
    Journal of Financial Intermediation, 2013, 22, (4), 559-585 Downloads View citations (148)
    See also Working Paper (2013)

2003

  1. Do bankers sacrifice value to build empires? Managerial incentives, industry consolidation, and financial performance
    Journal of Banking & Finance, 2003, 27, (3), 417-447 Downloads View citations (73)
    See also Working Paper (2002)

2001

  1. Are scale economies in banking elusive or illusive?: Evidence obtained by incorporating capital structure and risk-taking into models of bank production
    Journal of Banking & Finance, 2001, 25, (12), 2169-2208 Downloads View citations (197)
    See also Working Paper (2000)
  2. Efficient risk-taking and regulatory covenant enforcement in a deregulated banking industry
    Journal of Economics and Business, 2001, 53, (2-3), 255-282 Downloads View citations (32)
    See also Working Paper (2000)

2000

  1. Recovering Risky Technologies Using the Almost Ideal Demand System: An Application to U.S. Banking
    Journal of Financial Services Research, 2000, 18, (1), 5-27 Downloads View citations (46)
    See also Working Paper (2000)

1999

  1. Incorporating risk into the analysis of production
    Atlantic Economic Journal, 1999, 27, (1), 1-23 Downloads View citations (42)
  2. Measuring efficiency when competitive prices aggregate differences in product quality and risk
    Research in Economics, 1999, 53, (1), 47-76 Downloads View citations (12)
  3. The dollars and sense of bank consolidation
    Journal of Banking & Finance, 1999, 23, (2-4), 291-324 Downloads View citations (153)
    See also Working Paper (1998)

1998

  1. Bank Capitalization And Cost: Evidence Of Scale Economies In Risk Management And Signaling
    The Review of Economics and Statistics, 1998, 80, (2), 314-325 Downloads View citations (221)
    See also Working Paper (1997)

1996

  1. Efficient Banking under Interstate Branching
    Journal of Money, Credit and Banking, 1996, 28, (4), 1045-71 Downloads View citations (186)
    Also in Proceedings, 1996, 1045-1075 (1996) View citations (184)

    See also Working Paper (1997)

1990

  1. Profit-maximizing input demand under rate-of-return regulation: Pathological substitution and output effects
    Resources and Energy, 1990, 12, (1), 79-95 Downloads View citations (1)

1981

  1. Giffen inputs and the theory of multiple production
    Journal of Economic Theory, 1981, 25, (2), 287-301 Downloads View citations (2)
  2. Methodological Confusion in Introductory Economics
    The American Economist, 1981, 25, (2), 7-11 Downloads View citations (1)

1980

  1. The Comparative Statics of the Competitive, Increasing-Cost Industry
    American Economic Review, 1980, 70, (3), 518-21 Downloads View citations (2)

Chapters

2017

  1. Measuring agency costs and the value of investment opportunities of US bank holding companies with stochastic frontier estimation
    Chapter 11 in Handbook of Competition in Banking and Finance, 2017, pp 205-229 Downloads
    See also Working Paper (2016)

2016

  1. The Future of Large, Internationally Active Banks: Does Scale Define the Winners?
    Chapter 6 in The Future of Large, Internationally Active Banks, 2016, pp 77-96 Downloads
    See also Working Paper (2015)

2013

  1. The Elusive Scale Economies of the Largest Banks and Their Implications for Global Competitiveness
    Chapter 17 in The Role of Central Banks in Financial Stability How Has It Changed?, 2013, pp 327-345 Downloads
    See also Working Paper (2011)
 
Page updated 2022-11-26