Details about Larry D. Wall

E-mail:
Homepage:	https://www.frbatlanta.org/research/economists/wall-larry.aspx
Phone:	1.404.498.8937
Postal address:	Research Department Federal Reserve Bank of Atlanta 1000 Peachtree Street N.E. Atlanta, Georgia 30309-4470
Workplace:	Economic Research Department, Federal Reserve Bank of Atlanta, (more information at EDIRC)

Access statistics for papers by Larry D. Wall.

Last updated 2021-04-03. Update your information in the RePEc Author Service.

Short-id: pwa325

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Jump to Journal Articles Chapters

Working Papers

2021

1. Bank Supervisory Goals versus Monetary Policy Implementation
   Policy Hub, Federal Reserve Bank of Atlanta

2020

2. Assisting Firms during a Crisis: Benefits and Costs
   Policy Hub, Federal Reserve Bank of Atlanta
3. Financial Stability and the Coronavirus Pandemic
   Policy Hub, Federal Reserve Bank of Atlanta

2019

4. Is Stricter Regulation of Incentive Compensation the Missing Piece?
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
   See also Journal Article in Journal of Banking Regulation (2020)

2018

5. Technological Change and Financial Innovation in Banking: Some Implications for FinTech
   Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (3)
   Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2018) View citations (6)

2017

6. Cross-border banking on the two sides of the atlantic: does it have an impact on bank crisis management?
   Working Papers, Banco de España
   Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2015)
   See also Journal Article in Journal of Banking Regulation (2018)

2013

7. Measuring capital adequacy supervisory stress tests in a Basel world
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
   See also Journal Article in Journal of Financial Perspectives (2014)
8. The adoption of stress testing: why the Basel capital measures were not enough
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (3)
   See also Journal Article in Journal of Banking Regulation (2014)

2012

9. Central Banking for Financial Stability: Some Lessons from the Recent Instability in the United States and Euro Area
   ADBI Working Papers, Asian Development Bank Institute View citations (1)
10. The Devil's in the Tail: Residential Mortgage Finance and the U.S. Treasury
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (3)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2012)
11. The safety and soundness effects of bank M&A in the EU
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (1)
12. The safety and soundness effects of bank M&As in the EU: does prudential regulation have any impact?
    Working Papers, Banco de España View citations (1)

2011

13. Creating an EU-level supervisor for cross-border banking groups: Issues raised by the U.S. experience with dual banking
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (2)

2010

14. Prudential Discipline for Financial Firms: Micro, Macro, and Market Structures
    Working Papers, eSocialSciences
    Also in ADBI Working Papers, Asian Development Bank Institute (2009) View citations (10)
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2010)
15. What do premiums paid for bank M&As reflect? The case of the European Union
    Working Papers, Banco de España View citations (3)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2010)
    See also Journal Article in Journal of Banking & Finance (2012)

2008

16. Bank capital ratios across countries: why do they vary?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (60)
    See also Journal Article in Journal of Financial Services Research (2008)
17. Determinants of domestic and cross-border bank acquisitions in the European Union
    Working Papers, Banco de España View citations (6)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2008) View citations (1)
    See also Journal Article in Journal of Banking & Finance (2009)
18. Multiple safety net regulators and agency problems in the EU: Is Prompt Corrective Action partly the solution?
    Working Papers, Banco de España View citations (26)
    See also Journal Article in Journal of Financial Stability (2008)

2007

19. Multiple safety net regulators and agency problems in the EU: is Prompt Corrective Action a partial solution
    Research Discussion Papers, Bank of Finland View citations (5)
20. Multiple safety net regulators and agency problems in the European Union: Is prompt corrective action partly the solution?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (4)
21. Preconditions for a successful implementation of supervisors' Prompt Corrective Action: Is there a case for a banking standard in the EU?
    Working Papers, Banco de España View citations (10)
    Also in FMG Special Papers, Financial Markets Group (2006) View citations (6)
22. Prompt Corrective Action & Cross-Border Supervisory Issues in Europe
    FMG Special Papers, Financial Markets Group View citations (2)
23. The last frontier: the integration of banking and commerce in the U.S
    Proceedings, Federal Reserve Bank of Chicago View citations (4)

2006

24. An analysis of the systemic risks posed by Fannie Mae and Freddie Mac and an evaluation of the policy options for reducing those risks
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (2)
    See also Journal Article in Journal of Financial Services Research (2007)
25. Preconditions for a successful implementation of supervisors' prompt corrective action: Is there a case for a banking standard in the European Union?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (10)
26. When target CEOs contract with acquirers: evidence from bank mergers and acquisitions
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta

2005

27. Debt, hedging, and human capital
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
    See also Journal Article in Journal of Financial Stability (2010)

2004

28. Determinants of the loan loss allowance: some cross-country comparisons
    Finance, University Library of Munich, Germany View citations (55)
    Also in Research Discussion Papers, Bank of Finland (2003) View citations (10)
    See also Journal Article in The Financial Review (2004)
29. Resolving large financial intermediaries: banks versus housing enterprises
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (5)
    See also Journal Article in Journal of Financial Stability (2005)
30. You get what you pay for? the implications of platinum parachutes in merger and acquisition transactions
    Proceedings, Federal Reserve Bank of Chicago

2003

31. Subordinated debt and prompt corrective regulatory action
    Working Paper Series, Federal Reserve Bank of Chicago View citations (3)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2002) View citations (12)

2002

32. The major supervisory initiatives post-FDICIA: Are they based on the goals of PCA? Should they be?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (13)

2001

33. Measures of the riskiness of banking organizations: Subordinated debt yields, risk-based capital, and examination ratings
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (9)
    See also Journal Article in Journal of Banking & Finance (2002)
34. Sub-debt yield spreads as bank risk measures
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (71)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2001) View citations (61)
    See also Journal Article in Journal of Financial Services Research (2001)

2000

35. Managing the risk of loans with basis risk: sell, hedge, or do nothing?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (1)
36. Subordinated debt and bank capital reform
    Working Paper Series, Federal Reserve Bank of Chicago View citations (38)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2000) View citations (52)
37. The role of subordinated debt in bank safety and soundness regulation
    Proceedings, Federal Reserve Bank of Chicago View citations (7)
38. The use of accruals to manage reported earnings: theory and evidence
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (10)

1999

39. Banks' discretionary loan loss provisions: how important are constraints and asymmetries?
    Proceedings, Federal Reserve Bank of Chicago View citations (4)
40. Financial regulatory structure and the resolution of conflicting goals
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (17)
    See also Journal Article in Journal of Financial Services Research (1999)

1997

41. The impact of a dealer's failure on OTC derivatives market liquidity during volatile periods
    Proceedings, Federal Reserve Bank of Chicago
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1996) View citations (3)

1994

42. Bank holding company capital targets in the early 1990s: the regulators versus the markets
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (1)
    See also Journal Article in Journal of Banking & Finance (1995)

1993

43. Managerial rents and optimal regulatory intervention in troubled banks
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (3)
44. Rents, regulation and risk-taking in the banking industry
    Proceedings, Federal Reserve Bank of Chicago

1992

45. Competition for more than one class of borrowers using difference credit-worthiness tests
    Proceedings, Federal Reserve Bank of Chicago
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1991)
46. Cost savings associated with bank mergers
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (21)
47. Motivations for bank mergers and acquisitions: enhancing the deposit insurance put option versus increasing operating net cash flow
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (3)
48. The choice of capital instruments by banking organizations
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (1)

1990

49. Potential diversification and bank acquisition prices
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta

1989

50. The effect of Continental Illinois' failure on the financial performance of other banks
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (16)
    See also Journal Article in Journal of Monetary Economics (1990)
51. Valuation effects of new capital issues by large bank holding companies
    Proceedings, Federal Reserve Bank of Chicago
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (1988) View citations (5)

1987

52. Alternate explanations of interest rate swaps
    Proceedings, Federal Reserve Bank of Chicago View citations (14)

Journal Articles

2020

1. Is stricter regulation of incentive compensation the missing piece?
   Journal of Banking Regulation, 2020, 21, (1), 82-94
   See also Working Paper (2019)

2018

2. Cross-border banking on the two sides of the Atlantic: Does it have an impact on bank crisis management?
   Journal of Banking Regulation, 2018, 19, (1), 4-17 View citations (2)
   See also Working Paper (2017)
3. Financial Stability and Resolution of Federal Reserve Goal and Implementation Conflicts
   Journal of Financial Services Research, 2018, 53, (2), 163-178 View citations (3)
4. Incentive compensation, accounting discretion and bank capital
   Journal of Economics and Business, 2018, 95, (C), 119-140 View citations (1)
5. Some financial regulatory implications of artificial intelligence
   Journal of Economics and Business, 2018, 100, (C), 55-63 View citations (7)

2017

6. Recent changes in US regulation of large foreign banking organizations
   Journal of Financial Regulation and Compliance, 2017, 25, (3), 318-332 View citations (1)

2015

7. Stricter microprudential supervision versus macroprudential supervision
   Journal of Financial Regulation and Compliance, 2015, 23, (4), 354-368

2014

8. Measuring capital adequacy: supervisory stress-tests in a Basel world
   Journal of Financial Perspectives, 2014, 2, (1), 85-94 View citations (1)
   See also Working Paper (2013)
9. The adoption of stress testing: Why the Basel capital measures were not enough
   Journal of Banking Regulation, 2014, 15, (3-4), 266-276 View citations (1)
   See also Working Paper (2013)

2012

10. Central banking for financial stability Some lessons from the recent instability in the US and euro area
    Public Policy Review, 2012, 8, (3), 247-280 View citations (1)
11. What do premiums paid for bank M&As reflect? The case of the European Union
    Journal of Banking & Finance, 2012, 36, (3), 749-759 View citations (9)
    See also Working Paper (2010)

2010

12. Debt, hedging and human capital
    Journal of Financial Stability, 2010, 6, (2), 55-63
    See also Working Paper (2005)
13. Too-big-to-fail after FDICIA
    Economic Review, 2010, 95, (1) View citations (5)
    Also in Economic Review, 1993, (Jan), 1-14 (1993) View citations (14)

2009

14. Determinants of domestic and cross-border bank acquisitions in the European Union
    Journal of Banking & Finance, 2009, 33, (6), 1022-1032 View citations (31)
    See also Working Paper (2008)

2008

15. Bank Capital Ratios Across Countries: Why Do They Vary?
    Journal of Financial Services Research, 2008, 34, (2), 177-201 View citations (64)
    See also Working Paper (2008)
16. Multiple safety net regulators and agency problems in the EU: Is Prompt Corrective Action partly the solution?
    Journal of Financial Stability, 2008, 4, (3), 232-257 View citations (30)
    See also Working Paper (2008)
17. The final frontier: the integration of banking and commerce. Part 1, the likely outcome of eliminating the barrier
    Economic Review, 2008, 93, (1) View citations (1)
18. The final frontier: the integration of banking and commerce. Part 2, risk and return using efficient portfolio analysis
    Economic Review, 2008, 93, (2) View citations (2)
19. Un análisis de los determinantes de las adquisiciones bancarias en la Unión Europea
    Boletín Económico, 2008, (OCT), 10 pages

2007

20. An Analysis of the Systemic Risks Posed by Fannie Mae and Freddie Mac and An Evaluation of the Policy Options for Reducing Those Risks
    Journal of Financial Services Research, 2007, 31, (2), 75-99 View citations (8)
    See also Working Paper (2006)

2005

21. How should banks account for loan losses
    Journal of Accounting and Public Policy, 2005, 24, (2), 81-100 View citations (20)
    Also in Economic Review, 2005, 90, (Q4), 19-38 (2005) View citations (15)
22. Resolving large financial intermediaries: Banks versus housing enterprises
    Journal of Financial Stability, 2005, 1, (3), 386-425 View citations (7)
    See also Working Paper (2004)

2004

23. Comment on Carter, McNulty, and Verbrugge*
    Journal of Financial Services Research, 2004, 25, (2), 253-258 View citations (1)
24. Determinants of the Loan Loss Allowance: Some Cross‐Country Comparisons
    The Financial Review, 2004, 39, (1), 129-152 View citations (40)
    See also Working Paper (2004)
25. Symposium on Financial Institutions
    The Financial Review, 2004, 39, (1), 1-11

2002

26. Fannie Mae's and Freddie Mac's voluntary initiatives: Lessons from banking
    Economic Review, 2002, 87, (Q1), 45-59 View citations (17)
27. Financing housing through government-sponsored enterprises
    Economic Review, 2002, 87, (Q1), 29-43 View citations (22)
28. Measures of the riskiness of banking organizations: Subordinated debt yields, risk-based capital, and examination ratings
    Journal of Banking & Finance, 2002, 26, (5), 989-1009 View citations (31)
    See also Working Paper (2001)
29. Reforming deposit insurance and FDICIA
    Economic Review, 2002, 87, (Q1), 1-16 View citations (14)

2001

30. REFORMING BANK CAPITAL REGULATION: USING SUBORDINATED DEBT TO ENHANCE MARKET AND SUPERVISORY DISCIPLINE
    Contemporary Economic Policy, 2001, 19, (4), 444-453 View citations (12)
31. Sub-debt Yield Spreads as Bank Risk Measures
    Journal of Financial Services Research, 2001, 20, (2), 121-145 View citations (58)
    See also Working Paper (2001)

2000

32. Bank loan-loss accounting: a review of theoretical and empirical evidence
    Economic Review, 2000, 85, (Q2), 1-20 View citations (71)
33. Subordinated debt as bank capital: a proposal for regulatory reform
    Economic Perspectives, 2000, 25, (Q II), 40-53 View citations (48)
34. The potential for portfolio diversification in financial services
    Economic Review, 2000, 85, (Q3), 35-52 View citations (15)
35. “The Prudential Supervision of Financial Conglomerates in the European Union”, Michael Thom, July 2000
    North American Actuarial Journal, 2000, 4, (3), 130-138

1999

36. Financial Regulatory Structure and the Resolution of Conflicting Goals
    Journal of Financial Services Research, 1999, 16, (2), 223-245 View citations (22)
    Also in Proceedings, 1998, (Sep) (1998)
    See also Working Paper (1999)

1998

37. The choice of capital instruments
    Economic Review, 1998, 83, (Q 2), 4-17 View citations (2)

1997

38. Taking note of the deposit insurance fund: a plan for the FDIC to issue capital notes
    Economic Review, 1997, 82, (Q 1), 14-30 View citations (14)

1996

39. Banks' responses to binding regulatory capital requirements
    Economic Review, 1996, 80, (Mar), 1-17 View citations (10)
40. Managerial rents and regulatory intervention in troubled banks
    Journal of Banking & Finance, 1996, 20, (2), 331-350 View citations (9)

1995

41. Bank holding company capital targets in the early 1990s: The regulators versus the markets
    Journal of Banking & Finance, 1995, 19, (3-4), 563-574 View citations (22)
    See also Working Paper (1994)
42. Motivations for Bank Mergers and Acquisitions: Enhancing the Deposit Insurance Put Option versus Earnings Diversification
    Journal of Money, Credit and Banking, 1995, 27, (3), 777-88 View citations (103)
43. Some lessons from basic finance for effective socially responsible investing
    Economic Review, 1995, 80, (Jan), 1-12 View citations (8)

1993

44. Deregulation and the opportunities for commercial bank diversification
    Economic Review, 1993, (Sep), 1-25 View citations (17)
45. Discussants' comments on Rhoades, Shaffer, and Fixler and Zieschang
    Journal of Banking & Finance, 1993, 17, (2-3), 451-455

1992

46. Financial panics, bank failures, and the role of regulatory policy
    Economic Review, 1992, (Jan), 1-11 View citations (4)

1991

47. Recourse risk in asset sales
    Economic Review, 1991, (Sep), 1-13

1990

48. Capital requirements for interest-rate and foreign-exchange hedges
    Economic Review, 1990, (May), 14-28 View citations (1)
49. F.Y.I. southeastern interstate banking and consolidation: 1984-89
    Economic Review, 1990, (Nov), 32-54
50. The effect of Continental Illinois' failure on the financial performance of other banks
    Journal of Monetary Economics, 1990, 26, (1), 77-99 View citations (36)
    See also Working Paper (1989)

1989

51. Bank merger motivations: a review of the evidence and an examination of key target bank characteristics
    Economic Review, 1989, (Sep), 2-19 View citations (17)
52. Capital requirements for banks: a look at the 1981 and 1988 standards
    Economic Review, 1989, (Mar), 14-29 View citations (12)
53. Financial Determinants of Bank Takeovers: A Note
    Journal of Money, Credit and Banking, 1989, 21, (4), 524-36 View citations (37)
54. Interest rate swaps in an agency theoretic model with uncertain interest rates
    Journal of Banking & Finance, 1989, 13, (2), 261-270 View citations (13)

1988

55. F.Y.I. commercial bank profitability: still weak in 1987
    Economic Review, 1988, (Jul), 28-42
56. Interest rate swaps: a review of the issues
    Economic Review, 1988, (Nov), 22-40 View citations (9)
57. Leverage ratios of U.S. non-financial corporations
    Economic Review, 1988, (May), 12-29

1987

58. F.Y.I. commercial bank profitability: some disturbing trends
    Economic Review, 1987, (Mar), 24-36 View citations (2)
59. Has bank holding companies' diversification affected their risk of failure?
    Journal of Economics and Business, 1987, 39, (4), 313-326 View citations (19)
60. The effect of capital adequacy guidelines on large bank holding companies
    Journal of Banking & Finance, 1987, 11, (4), 581-600 View citations (43)

1986

61. Nonbank activities and risk
    Economic Review, 1986, (Oct), 19-34 View citations (5)
62. Profits in `85: large banks gain while others continue to lag
    Economic Review, 1986, (Aug), 18-31 View citations (1)

Chapters

2012

1. Enlisting Macroprudential and Market Regulatory Structures to Strengthen Prudential Supervision
   Chapter 3 in Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia, 2012

2007

2. Prompt Corrective Action: Is There a Case for an International Banking Standard?
   Chapter 23 in International Financial Instability Global Banking and National Regulation, 2007, pp 355-372 View citations (2)