Details about Edward Simpson Prescott

Access statistics for papers by Edward Simpson Prescott.

Last updated 2017-12-07. Update your information in the RePEc Author Service.

Short-id: ppr11

Working Papers

2020

1. Monetary Policy Strategies and Tools: Financial Stability Considerations
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)

2019

2. Banker Compensation, Relative Performance, and Bank Risk
   Working Papers, Federal Reserve Bank of Cleveland
3. Federal Reserve Structure, Economic Ideas, and Monetary and Financial Policy
   Working Papers, Federal Reserve Bank of Cleveland View citations (1)
4. Macroprudential Policy: Results from a Tabletop Exercise
   Working Papers, Federal Reserve Bank of Cleveland View citations (1)

2018

5. Liquidity Requirements and the Interbank Loan Market: An Experimental Investigation
   Working Papers (Old Series), Federal Reserve Bank of Cleveland

2017

6. Comparison of Small Bank Failures and FDIC Losses in the 1986–92 and 2007–13 Banking Crises
   Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (2)
7. Origins of Too-Big-to-Fail Policy
   Working Papers (Old Series), Federal Reserve Bank of Cleveland

2015

8. Did the Financial Reforms of the Early 1990s Fail? A Comparison of Bank Failures and FDIC Losses in the 1986-92 and 2007-13 Periods
   Working Paper, Federal Reserve Bank of Richmond
9. Fixed Prices and Regulatory Discretion as Triggers for Contingent Capital Conversion: An Experimental Examination
   Working Paper, Federal Reserve Bank of Richmond
   See also Journal Article in International Journal of Central Banking (2017)

2013

10. An Experimental Analysis of Contingent Capital with Market-Price Triggers
    Working Papers, VCU School of Business, Department of Economics View citations (2)
    See also Journal Article in Journal of Money, Credit and Banking (2014)
11. Banker compensation and bank risk taking: the organizational economics view
    Working Paper, Federal Reserve Bank of Richmond View citations (7)

2011

12. An experimental analysis of contingent capital triggering mechanisms
    Working Paper, Federal Reserve Bank of Richmond View citations (8)
13. Contingent capital: the trigger problem
    Working Paper, Federal Reserve Bank of Richmond View citations (6)
    See also Journal Article in Economic Quarterly (2012)
14. Optimal bonuses and deferred pay for bank employees: implications of hidden actions with persistent effects in time
    2011 Meeting Papers, Society for Economic Dynamics View citations (2)
    Also in Working Paper, Federal Reserve Bank of Richmond (2010) View citations (5)

2009

15. Providing Incentives for Mortgage Originators
    2009 Meeting Papers, Society for Economic Dynamics

2006

16. Market-based regulation and the informational content of prices
    Working Paper, Federal Reserve Bank of Richmond View citations (1)

2005

17. Firms as clubs in Walrasian markets with private information: technical appendix
    Working Paper, Federal Reserve Bank of Richmond View citations (2)

2004

18. State-contingent bank regulation with unobserved actions and unobserved characteristics
    Working Paper, Federal Reserve Bank of Richmond View citations (7)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2002) View citations (2)
    See also Journal Article in Journal of Economic Dynamics and Control (2006)

2003

19. Mechanism design and assignment models
    Working Paper, Federal Reserve Bank of Richmond View citations (1)

2000

20. Bank capital regulation with and without state-contingent penalties
    Working Paper Series, Federal Reserve Bank of Chicago View citations (25)
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (2001)
21. Firms as clubs in Walrasian markets with private information
    Working Paper, Federal Reserve Bank of Richmond View citations (12)
    See also Journal Article in Journal of Political Economy (2006)
22. Incentives, communication, and payment instruments
    Working Paper, Federal Reserve Bank of Richmond View citations (2)
    See also Journal Article in Journal of Monetary Economics (2003)

1998

23. Computing moral-hazard problems using the Dantzig-Wolfe decomposition algorithm
    Working Paper, Federal Reserve Bank of Richmond View citations (4)

1996

24. Theory of the firm: applied mechanism design
    Working Paper, Federal Reserve Bank of Richmond View citations (5)

Journal Articles

2018

1. Using Economic Experiments to Improve Contingent Convertible Capital Bonds
   Economic Commentary, 2018, 2018, (02), 6

2017

2. Fixed Prices and Regulatory Discretion as Triggers for Contingent Capital Conversion: An Experimental Examination
   International Journal of Central Banking, 2017, 13, (2), 33-71 View citations (1)
   See also Working Paper (2015)
3. The 1970s Origins of Too Big to Fail
   Economic Commentary, 2017, (October)

2015

4. Did Banking Reforms of the Early 1990s Fail? Lessons from Comparing Two Banking Crises
   Richmond Fed Economic Brief, 2015, (June)
5. Explaining the Decline in the Number of Banks since the Great Recession
   Richmond Fed Economic Brief, 2015, (March)

2014

6. An Experimental Analysis of Contingent Capital with Market‐Price Triggers
   Journal of Money, Credit and Banking, 2014, 46, (5), 999-1033 View citations (6)
   See also Working Paper (2013)
7. The Financial Crisis, the Collapse of Bank Entry, and Changes in the Size Distribution of Banks
   Economic Quarterly, 2014, (1Q), 23-50 View citations (4)

2013

8. Too Big to Manage? Two Book Reviews
   Economic Quarterly, 2013, (2Q), 143-162

2012

9. Contingent capital: the trigger problem
   Economic Quarterly, 2012, 98, (1Q), 33-50 View citations (12)
   See also Working Paper (2011)
10. Experimenting with contingent capital triggers
    Richmond Fed Economic Brief, 2012, (Feb)

2011

11. A regional look at the role of house prices and labor market conditions in mortgage default
    Economic Quarterly, 2011, 97, (1Q), 1-43

2010

12. Introduction to the special issue on the Diamond-Dybvig model
    Economic Quarterly, 2010, 96, (1Q), 1-9
13. Market-Based Corrective Actions
    Review of Financial Studies, 2010, 23, (2), 781-820 View citations (62)

2009

14. The costs and benefits of bank supervisory disclosure
    Richmond Fed Economic Brief, 2009, (May)

2008

15. Should bank supervisors disclose information about their banks?
    Economic Quarterly, 2008, 94, (Win), 1-16 View citations (14)

2006

16. Changes in the size distribution of U.S. banks: 1960-2005
    Economic Quarterly, 2006, 92, (Fall), 291-316 View citations (32)
17. Firms as Clubs in Walrasian Markets with Private Information
    Journal of Political Economy, 2006, 114, (4), 644-671 View citations (21)
    See also Working Paper (2000)
18. Private Information and Intertemporal Job Assignments -super-1
    Review of Economic Studies, 2006, 73, (2), 531-548 View citations (4)
19. State-contingent bank regulation with unobserved actions and unobserved characteristics
    Journal of Economic Dynamics and Control, 2006, 30, (11), 2015-2049 View citations (14)
    See also Working Paper (2004)

2005

20. Technological design and moral hazard
    Economic Quarterly, 2005, 91, (Fall), 43-55

2004

21. Auditing and bank capital regulation
    Economic Quarterly, 2004, 90, (Fall), 47-63 View citations (19)
22. Computing solutions to moral-hazard programs using the Dantzig-Wolfe decomposition algorithm
    Journal of Economic Dynamics and Control, 2004, 28, (4), 777-800 View citations (2)

2003

23. Communication in Private-Information Models: Theory and Computation
    The Geneva Risk and Insurance Review, 2003, 28, (2), 105-130 View citations (7)
24. Firms, assignments, and earnings
    Economic Quarterly, 2003, 89, (Fall), 69-81 View citations (7)
25. Incentives, communication, and payment instruments
    Journal of Monetary Economics, 2003, 50, (2), 433-454 View citations (2)
    See also Working Paper (2000)

2002

26. Can risk-based deposit insurance premiums control moral hazard?
    Economic Quarterly, 2002, (Spr), 87-100 View citations (5)
27. Collective Organizations versus Relative Performance Contracts: Inequality, Risk Sharing, and Moral Hazard
    Journal of Economic Theory, 2002, 103, (2), 282-310 View citations (20)
28. Hired hooves: Transactions in a south Indian village factor market
    Australian Journal of Agricultural and Resource Economics, 2002, 46, (2), 23 View citations (5)

2001

29. Bank capital regulation with and without state-contingent penalties
    Carnegie-Rochester Conference Series on Public Policy, 2001, 54, (1), 139-184 View citations (19)
    See also Working Paper (2000)
30. Regulating bank capital structure to control risk
    Economic Quarterly, 2001, (Sum), 35-52 View citations (7)

1999

31. A primer on moral-hazard models
    Economic Quarterly, 1999, (Win), 47-78 View citations (20)
32. Means of payment, the unbanked, and EFT '99
    Economic Quarterly, 1999, (Fall), 49-70 View citations (6)

1997

33. Group lending and financial intermediation: an example
    Economic Quarterly, 1997, (Fall), 23-48 View citations (11)
34. The pre-commitment approach in a model of regulatory banking capital
    Economic Quarterly, 1997, (Win), 23-50 View citations (11)

Chapters

2016

1. Incentive Compensation and Bank Risk: Insights from Organizational Economics
   Chapter 23 in The Future of Large, Internationally Active Banks, 2016, pp 399-417 View citations (1)