EconPapers    
Economics at your fingertips  
 

Details about David Wheelock

E-mail:
Homepage:http://research.stlouisfed.org/econ/wheelock/
Postal address:P.O. Box 442 St. Louis, MO 63166-0442
Workplace:Research Division, Federal Reserve Bank of St. Louis, (more information at EDIRC)

Access statistics for papers by David Wheelock.

Last updated 2019-06-17. Update your information in the RePEc Author Service.

Short-id: pwh4


Jump to Journal Articles Books Chapters

Working Papers

2019

  1. Banking on the Boom, Tripped by the Bust: Banks and the World War I Agricultural Price Shock
    Working Papers, Federal Reserve Bank of St. Louis Downloads
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) Downloads
  2. Interbank Connections, Contagion and Bank Distress in the Great Depression
    Working Papers, Federal Reserve Bank of St. Louis Downloads
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) Downloads
  3. Off-Balance Sheet Activities, Inefficiency and Market Power of U.S. Banks
    Working Papers, Federal Reserve Bank of St. Louis Downloads
  4. The Founding of the Federal Reserve, the Great Depression and the Evolution of the U.S. Interbank Network
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (1)

2017

  1. Did the Founding of the Federal Reserve Affect the Vulnerability of the Interbank System to Congation Risk?
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (1)
    Also in BIS Working Papers, Bank for International Settlements (2016) Downloads View citations (1)

    See also Journal Article in Journal of Money, Credit and Banking (2018)
  2. The Evolution of Scale Economies in U.S. Banking
    Working Papers, Federal Reserve Bank of St. Louis Downloads
    See also Journal Article in Journal of Applied Econometrics (2018)

2016

  1. Banker Preferences, Interbank Connections, and the Enduring Structure of the Federal Reserve System
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) Downloads View citations (2)
  2. Did the Founding of the Federal Reserve Affect the Vulnerability of the Interbank System to Systemic Risk?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (US) Downloads View citations (1)
  3. Near-Money Premiums, Monetary Policy, and the Integration of Money Markets: Lessons from Deregulation
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (1)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (US) (2016) Downloads View citations (1)
    BIS Working Papers, Bank for International Settlements (2016) Downloads View citations (1)

    See also Journal Article in Journal of Financial Intermediation (2018)

2015

  1. Interbank Markets and Banking Crises: New Evidence on the Establishment and Impact of the Federal Reserve
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (2)
    See also Journal Article in American Economic Review (2016)

2014

  1. Navigating Constraints: The Evolution of Federal Reserve Monetary Policy, 1935-59
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (US) Downloads View citations (6)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2014) Downloads View citations (4)
    Working Papers, Federal Reserve Bank of St. Louis (2014) Downloads View citations (6)

2012

  1. Federal Reserve lending to troubled banks during the financial crisis, 2007-10
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (4)
  2. The lender of last resort: lessons from the Fed’s first 100 years
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (5)

2011

  1. Did Doubling Reserve Requirements Cause the Recession of 1937-1938? A Microeconomic Approach
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (6)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2011) Downloads View citations (7)
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center (2011) Downloads View citations (7)
  2. The Great Inflation: Did the Shadow Know Better?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (3)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2008) Downloads

    See also Chapter (2013)
  3. The Promise and Performance of the Federal Reserve as Lender of Last Resort 1914-1933
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    Also in Working Paper, Norges Bank (2011) Downloads View citations (2)
    Working Papers, Federal Reserve Bank of St. Louis (2010) Downloads

2010

  1. Does the Structure of Banking Markets Affect Economic Growth? Evidence from U.S. State Banking Markets
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2010) Downloads View citations (2)

    See also Journal Article in Explorations in Economic History (2013)

2009

  1. Are U.S. banks too large?
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (4)
  2. Inflation, monetary policy and stock market conditions: quantitative evidence from a hybrid latent-variable VAR
    Working Papers, Federal Reserve Bank of St. Louis Downloads
  3. Robust, dynamic nonparametric benchmarking: the evolution of cost-productivity and efficiency among U.S. credit unions
    Working Papers, Federal Reserve Bank of St. Louis Downloads

2008

  1. Are credit unions too small?
    Working Papers, Federal Reserve Bank of St. Louis Downloads
    See also Journal Article in The Review of Economics and Statistics (2011)
  2. Government response to home mortgage distress: lessons from the Great Depression
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (3)
  3. Inflation, Monetary Policy and Stock Market Conditions
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (10)

2007

  1. Measuring Commercial Bank Profitability: Proceed With Caution
    NFI Working Papers, Indiana State University, Scott College of Business, Networks Financial Institute Downloads View citations (5)
    See also Journal Article in Review (2007)
  2. Monetary policy and stock market booms and busts in the 20th century
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (10)
  3. Non-parametric, unconditional quantile estimation for efficiency analysis with an application to Federal Reserve check processing operations
    Working Papers, Federal Reserve Bank of St. Louis Downloads
    See also Journal Article in Journal of Econometrics (2008)
  4. Robust non-parametric quantile estimation of efficiency and productivity change in U.S. commercial banking, 1985-2004
    Working Papers, Federal Reserve Bank of St. Louis Downloads

2006

  1. When do stock market booms occur? the macroeconomic and policy environments of 20th century booms
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (4)
  2. Why did income growth vary across states during the Great Depression?
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (3)
    See also Journal Article in The Journal of Economic History (2006)

2005

  1. A spatial analysis of state banking regulation
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (9)
    See also Journal Article in Papers in Regional Science (2005)
  2. Regional disparities in the spatial correlation of state income growth
    Working Papers, Federal Reserve Bank of St. Louis Downloads

2004

  1. Monetary Policy and Asset Prices: A Look Back at Past U.S. Stock Market Booms
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (28)
    See also Journal Article in Review (2004)
  2. Robust Nonparametric Estimation of Efficiency and Technical Change in U.S. Commercial Banking
    Econometric Society 2004 North American Summer Meetings, Econometric Society View citations (2)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2003) Downloads View citations (12)

2002

  1. Consolidation in US banking: which banks engage in mergers?
    Working Papers, Federal Reserve Bank of St. Louis Downloads
    See also Journal Article in Review of Financial Economics (2004)
  2. New evidence on the Fed's productivity in providing payments services
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (3)
    See also Journal Article in Journal of Banking & Finance (2004)

2001

  1. Aggregate Price Shocks and Financial Stability: The United Kingdom 1796-1999
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (3)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2001) Downloads View citations (2)

    See also Journal Article in Explorations in Economic History (2003)
  2. Aggregate price shocks and financial instability: a historical analysis
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (14)
    Also in NBER Historical Working Papers, National Bureau of Economic Research, Inc (2000) Downloads View citations (25)
    NBER Working Papers, National Bureau of Economic Research, Inc (2000) Downloads View citations (36)

    See also Journal Article in Economic Inquiry (2002)

1999

  1. National monetary policy by regional design: the evolving role of the Federal Reserve banks in Federal Reserve System policy
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (1)
  2. The contribution of on-site examination ratings to an emprircal model of bank failures
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (2)

1997

  1. Monetary policy in the Great Depression and beyond: the sources of the Fed's inflation bias
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (1)
  2. New evidence on returns to scale and product mix among U.S. commercial banks
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (9)
    See also Journal Article in Journal of Monetary Economics (2001)
  3. Was the Great Depression a Watershed for American Monetary Policy?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)
    See also Chapter (1998)

1996

  1. Technical progress, inefficiency and productivity change in U.S. banking, 1984-1993
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (5)
    See also Journal Article in Journal of Money, Credit and Banking (1999)

1995

  1. Lessons from the United States and European Community for the integration of high and low income economies
    Working Papers, Federal Reserve Bank of St. Louis Downloads
  2. Why do banks disappear? The determinants of U.S. bank failures and acquisitions
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (23)
    See also Journal Article in The Review of Economics and Statistics (2000)

1993

  1. Explaining bank failures: deposit insurance, regulation, and efficiency
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (15)
    See also Journal Article in The Review of Economics and Statistics (1995)

1992

  1. Government policy and banking instability: "overbanking" in the 1920s
    Working Papers, Federal Reserve Bank of St. Louis Downloads
  2. The slack banker dances: deposit insurance and risk-taking in the banking collapse of the 1920s
    Working Papers, Federal Reserve Bank of St. Louis Downloads
    See also Journal Article in Explorations in Economic History (1994)
  3. Which banks choose deposit insurance? Evidence of adverse and moral hazard in a voluntary insurance system
    Working Papers, Federal Reserve Bank of St. Louis Downloads

1991

  1. Regulation and bank failures: new evidence from the agricultural collapse of the 1920's
    Working Papers, Federal Reserve Bank of St. Louis Downloads
    See also Journal Article in The Journal of Economic History (1992)

1989

  1. The Fed's failure to act as lender of last resort during the Great Depression, 1929-1933
    Proceedings, Federal Reserve Bank of Chicago View citations (1)

Journal Articles

2018

  1. Book Review: The myth of independence: How Congress governs the federal reserve by Binder, S., & Spindel, M
    The American Economist, 2018, 63, (2), 270-272 Downloads
  2. Did the Founding of the Federal Reserve Affect the Vulnerability of the Interbank System to Contagion Risk?
    Journal of Money, Credit and Banking, 2018, 50, (8), 1711-1750 Downloads View citations (4)
    See also Working Paper (2017)
  3. Furnishing an “Elastic Currency”: The Founding of the Fed and the Liquidity of the U.S. Banking System
    Review, 2018, 100, (1), 17-44 Downloads
  4. Near-money premiums, monetary policy, and the integration of money markets: Lessons from deregulation
    Journal of Financial Intermediation, 2018, 33, (C), 16-32 Downloads
    See also Working Paper (2016)
  5. The evolution of scale economies in US banking
    Journal of Applied Econometrics, 2018, 33, (1), 16-28 Downloads View citations (2)
    See also Working Paper (2017)

2016

  1. Interbank Markets and Banking Crises: New Evidence on the Establishment and Impact of the Federal Reserve
    American Economic Review, 2016, 106, (5), 533-37 Downloads View citations (3)
    See also Working Paper (2015)

2015

  1. Economics and Politics in Selecting Federal Reserve Cities: Why Missouri Has Two Reserve Banks
    Review, 2015, 97, (4), 269-88 Downloads

2014

  1. Making sense of dissents: a history of FOMC dissents
    Review, 2014, 96, (3), 213-227 Downloads View citations (6)

2013

  1. A Foregone Conclusion: how and why St. Louis was chosen for a Federal Reserve Bank
    Annual Report, 2013, 53-82 Downloads
  2. Big banks in small places: are community banks being driven out of rural markets?
    Review, 2013, (May), 199-218 Downloads
  3. Darryl Francis and the Making of Monetary Policy, 1966-1975
    Review, 2013, (Nov), 469-486 Downloads
    Also in Review, 2003, (Mar), 1-12 (2003) Downloads View citations (4)
  4. Does the structure of banking markets affect economic growth? Evidence from U.S. state banking markets
    Explorations in Economic History, 2013, 50, (2), 161-178 Downloads View citations (8)
    See also Working Paper (2010)
  5. Lessons from a Maverick: how the St. Louis Fed helped shape the nation's monetary policy
    Annual Report, 2013, 27-52 Downloads
  6. Reaching Our Constituents: to better serve the eighth district, the St. Louis Fed established three branches
    Annual Report, 2013, 83-96 Downloads
  7. The Fed is Born
    Annual Report, 2013, 17-25 Downloads
  8. The Fed's First (and Lasting) Job: Lender of Last Resorts
    Forefront, 2013, (Spring), 5-8 Downloads
  9. The evolution of cost-productivity and efficiency among US credit unions
    Journal of Banking & Finance, 2013, 37, (1), 75-88 Downloads View citations (11)

2012

  1. Do Large Banks Have Lower Costs? New Estimates of Returns to Scale for U.S. Banks
    Journal of Money, Credit and Banking, 2012, 44, (1), 171-199 Downloads View citations (81)
  2. Federal Reserve lending to troubled banks during the financial crisis, 2007-2010
    Review, 2012, (May), 221-242 Downloads View citations (3)
  3. How well do initial claims forecast employment growth over the business cycle and over time?
    Economic Synopses, 2012 Downloads View citations (2)
  4. Too big to fail: the pros and cons of breaking up big banks
    The Regional Economist, 2012, (Oct), 10-11 Downloads View citations (2)

2011

  1. Are Credit Unions Too Small?
    The Review of Economics and Statistics, 2011, 93, (4), 1343-1359 Downloads View citations (12)
    See also Working Paper (2008)
  2. Banking industry consolidation and market structure: impact of the financial crisis and recession
    Review, 2011, (Nov), 419-438 Downloads View citations (6)
  3. Have acquisitions of failed banks increased the concentration of U.S. banking markets?
    Review, 2011, (May), 155-168 Downloads View citations (1)

2010

  1. Lessons learned? comparing the Federal Reserve's responses to the crises of 1929-1933 and 2007-2009
    Review, 2010, (Mar), 89-108 Downloads View citations (4)
  2. The geographic distribution and characteristics of U.S. bank failures, 2007-2010: do bank failures still reflect local economic conditions?
    Review, 2010, (Sep), 395-415 Downloads View citations (17)
  3. The monetary base and bank lending: you can lead a horse to water
    Economic Synopses, 2010 Downloads
  4. When will business lending pick up?
    Economic Synopses, 2010 Downloads

2009

  1. Can the term spread predict output growth and recessions? a survey of the literature
    Review, 2009, (Sep), 419-440 Downloads View citations (47)
  2. How not to reduce excess reserves
    Economic Synopses, 2009 Downloads
  3. Robust Nonparametric Quantile Estimation of Efficiency and Productivity Change in U.S. Commercial Banking, 1985–2004
    Journal of Business & Economic Statistics, 2009, 27, (3), 354-368 Downloads View citations (21)
  4. Systemic risk and the financial crisis: a primer
    Review, 2009, (Sep), 403-418 Downloads View citations (12)
  5. The global recession
    Economic Synopses, 2009 Downloads

2008

  1. Another window: the term auction facility
    Monetary Trends, 2008, (Mar) Downloads
  2. Changing the rules: state mortgage foreclosure moratoria during the Great Depression
    Review, 2008, (Nov), 569-584 Downloads
  3. How much have U.S. house prices fallen?
    National Economic Trends, 2008, (Aug) Downloads View citations (1)
  4. Non-parametric, unconditional quantile estimation for efficiency analysis with an application to Federal Reserve check processing operations
    Journal of Econometrics, 2008, 145, (1-2), 209-225 Downloads View citations (26)
    See also Working Paper (2007)
  5. Stable prices, stable economy: keeping inflation in check must be No. 1 goal of monetary policymakers
    The Regional Economist, 2008, (Jan), 4-9 Downloads
  6. The federal response to home mortgage distress: lessons from the Great Depression
    Review, 2008, (May), 133-148 Downloads View citations (12)

2007

  1. Can Social Security survive the baby boomers?
    National Economic Trends, 2007, (Sep) Downloads
  2. Expected inflation near and far
    Monetary Trends, 2007, (Feb) Downloads
  3. Housing slump could lean heavily on economy
    The Regional Economist, 2007, (Apr), 4-9 Downloads
  4. Measuring commercial bank profitability: proceed with caution
    Review, 2007, (Nov), 515-532 Downloads View citations (6)
    See also Working Paper (2007)
  5. Regional disparities in the spatial correlation of state income growth, 1977–2002
    The Annals of Regional Science, 2007, 41, (3), 601-618 Downloads View citations (33)
  6. Stock market booms and monetary policy in the twentieth century
    Review, 2007, (Mar), 91-122 Downloads View citations (14)

2006

  1. Are banks vulnerable to a housing bust?
    Monetary Trends, 2006, (Feb) Downloads
  2. What happens to banks when house prices fall? U.S. regional housing busts of the 1980s and 1990s
    Review, 2006, (Sep), 413-430 Downloads View citations (6)
  3. Why Did Income Growth Vary Across States During the Great Depression?
    The Journal of Economic History, 2006, 66, (02), 456-466 Downloads View citations (2)
    See also Working Paper (2006)

2005

  1. A spatial analysis of state banking regulation
    Papers in Regional Science, 2005, 84, (4), 575-595 Downloads View citations (2)
    See also Working Paper (2005)
  2. Has the bond market forgotten oil?
    Monetary Trends, 2005, (May) Downloads View citations (1)
  3. Política monetaria y precios de activos: una mirada retrospectiva a los momentos de auge en los mercados de valores de Estados Unidos en el pasado
    Boletín, 2005, LI, (1), 12-34 Downloads
  4. The real population problem: too few working, too many retired
    The Regional Economist, 2005, (Apr), 4-9 Downloads View citations (2)

2004

  1. Consolidation in US banking: Which banks engage in mergers?
    Review of Financial Economics, 2004, 13, (1-2), 7-39 Downloads View citations (22)
    See also Working Paper (2002)
  2. Monetary policy and asset prices: a look back at past U.S. stock market booms
    Review, 2004, (Nov), 19-44 Downloads View citations (27)
    See also Working Paper (2004)
  3. New evidence on the Fed's productivity in providing payments services
    Journal of Banking & Finance, 2004, 28, (9), 2175-2190 Downloads View citations (8)
    See also Working Paper (2002)
  4. Trends in the efficiency of Federal Reserve check processing operations
    Review, 2004, (Sep), 7-20 Downloads View citations (6)
  5. Why no business loan growth?
    Monetary Trends, 2004, (May) Downloads

2003

  1. Aggregate price shocks and financial stability: the United Kingdom 1796-1999
    Explorations in Economic History, 2003, 40, (2), 143-169 Downloads View citations (9)
    See also Working Paper (2001)
  2. Commentary on The real effects of U.S. banking deregulation
    Review, 2003, (Jul), 129-134 Downloads View citations (2)
  3. Replacement windows: new credit programs at the discount window
    Monetary Trends, 2003, (May) Downloads

2002

  1. Aggregate Price Shocks and Financial Instability: A Historical Analysis
    Economic Inquiry, 2002, 40, (4), 521-538 View citations (20)
    See also Working Paper (2001)
  2. Conducting monetary policy without government debt: the Fed's early years
    Review, 2002, (May), 1-14 Downloads
  3. Deposit insurance reform
    The Regional Economist, 2002, (Oct.), 4-9 Downloads
  4. The balance of risks
    Monetary Trends, 2002, (May) Downloads

2001

  1. Heavyweight of productivity: does the microchip match up?
    The Regional Economist, 2001, (Jul), 4-9 Downloads
  2. Interest rate targets abandoned
    Monetary Trends, 2001, (Jun) Downloads
  3. New evidence on returns to scale and product mix among U.S. commercial banks
    Journal of Monetary Economics, 2001, 47, (3), 653-674 Downloads View citations (61)
    See also Working Paper (1997)
  4. The rise and fall of a policy rule: monetarism at the St. Louis Fed, 1968-1986
    Review, 2001, (Jan), 1-24 Downloads View citations (6)

2000

  1. 30-year bond faces uncertain future
    Monetary Trends, 2000, (Apr) Downloads
  2. A History of Banking in Antebellum America: Financial Markets and Economic Development in an Era of Nation-Building. By Howard Bodenhorn. New York: Cambridge University Press, 2000. Pp. xxi, 260. $59.95, cloth; $22.95, paper
    The Journal of Economic History, 2000, 60, (03), 910-912 Downloads
  3. A history of the asymmetric policy directive
    Review, 2000, (Sep), 1-16 Downloads View citations (21)
  4. Are the Fed and financial markets in sync?
    Monetary Trends, 2000, (Oct) Downloads View citations (1)
  5. The Bank of the United States and the American Economy. By Edward S. Kaplan Westport, CT: Greenwood Press, 1999. Pp. x, 172. $57.95
    The Journal of Economic History, 2000, 60, (02), 574-575 Downloads
  6. Why do Banks Disappear? The Determinants of U.S. Bank Failures and Acquisitions
    The Review of Economics and Statistics, 2000, 82, (1), 127-138 Downloads View citations (198)
    See also Working Paper (1995)

1999

  1. Monetary Policy and the Great Inflation in the United States: The Federal Reserve and the Failure of Macroeconomic Policy, 1965–79. By Thomas Mayer. Cheltenham, U.K. and Borthamption, MA: Edward Elgar, 1999. Pp. ix, 151. $70.00
    The Journal of Economic History, 1999, 59, (04), 1130-1131 Downloads
  2. Technical Progress, Inefficiency, and Productivity Change in U.S. Banking, 1984-1993
    Journal of Money, Credit and Banking, 1999, 31, (2), 212-34 View citations (81)
    See also Working Paper (1996)
  3. The FOMC in 1998: can it get any better than this?
    Review, 1999, (Jul), 11-22 Downloads
  4. The market’s view of FOMC announcements
    Monetary Trends, 1999, (Dec) Downloads

1998

  1. Competition and Monopoly in the Federal Reserve System, 1914–1951: A Microeconomics Approach to Monetary History. By Mark Toma. Cambridge: Cambridge University Press, 1997. Pp. xiv, 132. $49.95
    The Journal of Economic History, 1998, 58, (04), 1168-1170 Downloads
  2. Lessons from financial history. Proceedings of the twenty-second annual Economic Policy Conference of the Federal Reserve Bank of St Louis
    Review, 1998, (May)
  3. Price stability and financial stability: the historical record
    Review, 1998, (Sep), 41-62 Downloads View citations (29)

1997

  1. Dollars Through The Doors: A Pre-1930 History of Bank Marketing in America. By Richard N. Germain. Westport, CT: Greenwood Press, 1996. Pp. x, 224. $59.95
    The Journal of Economic History, 1997, 57, (02), 573-574 Downloads
  2. The Banking Panics of the Great Depression. By Elmus Wicker. New York: Cambridge University Press, 1996. Pp. xviii, 174. $39.95
    The Journal of Economic History, 1997, 57, (04), 977-978 Downloads
  3. Why does bank performance vary across states?
    Review, 1997, (Mar), 27-40 Downloads View citations (52)

1996

  1. Monetary policy and financial market expectations: what did they know and when did they know it?
    Review, 1996, (Jul), 19-32 Downloads View citations (3)

1995

  1. Channels of monetary policy. Proceedings of the Nineteenth Annual Economic Policy Conference held October 20-21, 1994
    Review, 1995, (May)
    Also in Proceedings, 1995, (May) (1995)
  2. Channels of monetary policy: conference introduction
    Proceedings, 1995, (May), vii - xii Downloads
    Also in Review, 1995, (May), vii - xii (1995) Downloads
  3. Evaluating the efficiency of commercial banks: does our view of what banks do matter?
    Review, 1995, (Jul), 39-52 Downloads View citations (19)
  4. Explaining Bank Failures: Deposit Insurance, Regulation, and Efficiency
    The Review of Economics and Statistics, 1995, 77, (4), 689-700 Downloads View citations (101)
    See also Working Paper (1993)
  5. Panic in Paradise: Florida’s Banking Crash of 1926. By Raymond B. Vickers. Tuscaloosa: The University of Alabama Press, 1994. Pp. xvi, 312. $34.95
    The Journal of Economic History, 1995, 55, (02), 444-445 Downloads
  6. Regulation, market structure and the bank failures of the Great Depression
    Review, 1995, (Mar), 27-38 Downloads View citations (7)
  7. Which Banks Choose Deposit Insurance? Evidence of Adverse Selection and Moral Hazard in a Voluntary Insurance System
    Journal of Money, Credit and Banking, 1995, 27, (1), 186-201 Downloads View citations (21)

1994

  1. Can deposit insurance increase the risk of bank failure? Some historical evidence
    Review, 1994, (May), 57-71 Downloads View citations (7)
  2. The Slack Banker Dances: Deposit Insurance and Risk-Taking in the Banking Collapse of the 1920s
    Explorations in Economic History, 1994, 31, (3), 357-375 Downloads View citations (6)
    See also Working Paper (1992)
  3. Why Do Banks Fail? Evidence from the 1920s
    Explorations in Economic History, 1994, 31, (4), 409-431 Downloads View citations (51)

1993

  1. Government Policy and Banking Market Structure in the 1920s
    The Journal of Economic History, 1993, 53, (04), 857-879 Downloads View citations (6)
  2. Is the banking industry in decline? Recent trends and future prospects from a historical perspective
    Review, 1993, (Sep), 3-22 Downloads View citations (8)

1992

  1. Deposit Insurance and Bank Failures: New Evidence from the 1920s
    Economic Inquiry, 1992, 30, (3), 530-43 View citations (23)
  2. Monetary policy in the Great Depression: what the Fed did and why
    Review, 1992, (Mar), 3-28 Downloads View citations (10)
  3. Regulation and Bank Failures: New Evidence from the Agricultural Collapse of the 1920s
    The Journal of Economic History, 1992, 52, (04), 806-825 Downloads View citations (16)
    See also Working Paper (1991)
  4. Seasonal accommodation and the financial crises of the Great Depression: did the Fed "furnish an elastic currency?"
    Review, 1992, (Nov), 3-18 Downloads View citations (3)
  5. The Federal Reserve System: A History of the First 75 Years. By Carl H. Moore. Jefferson, NC: McFarland and Co. Inc., 1990. Pp. xiv, 266. $25.95
    The Journal of Economic History, 1992, 52, (01), 255-256 Downloads

1991

  1. United States and Canada The Separation of Commercial and Investment Banking: The Glass-Steagall Act Revisited and Reconsidered. By George J. Benston, New York: Oxford University Press, 1990. Pp. x, 263. $29.95
    The Journal of Economic History, 1991, 51, (03), 734-735 Downloads

1990

  1. Member Bank Borrowing and the Fed's Contractionary Monetary Policy during the Great Depression
    Journal of Money, Credit and Banking, 1990, 22, (4), 409-26 Downloads View citations (15)

1989

  1. The Strategy and Consistency of Federal Reserve Monetary Policy, 1919–1933
    The Journal of Economic History, 1989, 49, (02), 459-461 Downloads View citations (5)
  2. The strategy, effectiveness, and consistency of Federal Reserve monetary policy 1924-1933
    Explorations in Economic History, 1989, 26, (4), 453-476 Downloads View citations (4)

1988

  1. The American Monetary System: A Concise Survey of its Evolution since 1896. By Degen Robert A.. Lexington: Lexington Books, 1987. Pp. x, 242. $30.00
    The Journal of Economic History, 1988, 48, (03), 790-791 Downloads

Books

2004

  1. The Strategy and Consistency of Federal Reserve Monetary Policy, 1924–1933
    Cambridge Books, Cambridge University Press
    Also in Cambridge Books, Cambridge University Press (1991) View citations (19)

Chapters

2013

  1. The Great Inflation: Did The Shadow Know Better?
    A chapter in The Great Inflation: The Rebirth of Modern Central Banking, 2013, pp 61-107 Downloads
    See also Working Paper (2011)

1998

  1. Was the Great Depression a Watershed for American Monetary Policy?
    A chapter in The Defining Moment: The Great Depression and the American Economy in the Twentieth Century, 1998, pp 23-66 Downloads View citations (19)
    See also Working Paper (1997)
 
Page updated 2019-06-26