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Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442

Phone: (314) 444-8570
Fax: (314) 444-8731
Email: david.c.wheelock@stls.frb.org

Vitae

Biography

Working Papers and Other Work in Progress

2010-004A "Does the Structure of Banking Markets Affect Economic Growth? Evidence from U.S. State Banking Markets" - January 2010
with Kris James Mitchener
Abstract | Full Text (PDF)

2009-054B "Are U.S. Banks too Large?" - October 2009, Revised December 2009
with Paul W. Wilson
Abstract | Full Text (PDF)

2009-008A "Robust, Dynamic Nonparametric Benchmarking: The Evolution of Cost-Productivity and Efficiency Among U.S. Credit Unions" - March 2009
with Paul W. Wilson
Abstract | Full Text (PDF)

More Working Papers

Notify me of updates to working papers by David C. Wheelock

Books

The Strategy and Consistency of Federal Reserve Monetary Policy 1924-1933, Cambridge University Press, 1991.

Articles in Academic Journals and Books

"Robust Non-parametric Quantile Estimation of Efficiency and Productivity Change in U.S. Commercial Banking, 1985-2004"
with Paul W. Wilson
Journal of Business and Economic Statistics, July 2009, 27(3), pp. 354-68.

"When Do Stock Market Booms Occur? The Macroeconomic and Policy Environments of 20th Century Booms"
with Michael D. Bordo
Jeremy Atack, ed., The Origins and Development of Financial Markets and Institutions, 2009, pp. 416-49, Cambridge University Press.

"Non-parametric, Unconditional Quantile Estimation for Efficiency Analysis with an Application to Federal Reserve Check Processing Operations"
with Paul W. Wilson
Journal of Econometrics, July 2008, 145(1-2), pp. 209-25.

"Regional Disparities in the Spatial Correlation of State Income Growth"
with Thomas A. Garrett and Gary A. Wagner
Annals of Regional Science, September 2007, 41(3), pp. 601-18.

"Why Did Income Growth Vary Across States During the Great Depression?"
with Thomas A. Garrett
Journal of Economic History, June 2006, 66(2), pp. 456-66.
Abstract | Full Text (PDF)

"A Spatial Analysis of State Banking Regulation"
with Thomas A. Garrett and Gary A. Wagner
Papers In Regional Science, November 2005, 84(4), pp. 575-95.

"The Contribution of On-site Examination Ratings to an Empirical Model of Bank Failures"
with Paul W. Wilson
Review of Accounting and Finance, November 2005, 4(4), pp. 110-34.

More Articles in Academic Journals and Books

Federal Reserve Publications

"Systemic Risk and the Financial Crisis: A Primer"
with James Bullard and Christopher J. Neely
Federal Reserve Bank of St. Louis Review, September/October 2009, 91(5, Part 1), pp. 403-17.

"Can the Term Spread Predict Output Growth and Recessions? A Survey of the Literature"
with Mark E. Wohar
Federal Reserve Bank of St. Louis Review, September/October 2009, 91(5, Part 1), pp. 419-40.

"Reader Exchange: How do the current financial crisis and recession compare with the Great Depression?"
Federal Reserve Bank of St. Louis The Regional Economist, July 2009, pp. 22-23.

"Changing the Rules: State Mortgage Foreclosure Moratoria During the Great Depression"
Federal Reserve Bank of St. Louis Review, November/December 2008, 90(6), pp. 569-83.

More Federal Reserve Publications

Commentary

"How Not to Reduce Excess Reserves"
Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 38.

"The Global Recession"
with Craig P. Aubuchon
Federal Reserve Bank of St. Louis International Economic Trends, May 2009.

Book Reviews

"A History of Macroeconomic Policy in the United States"
by John H. Wood
Published electronically on the Economic History Association web site, EH.Net, June 30, 2009.

"The Economics of the Great Depression: A Twenty-First Century Look Back at the Economics of the Interwar Years"
by Randall E. Parker
Published electronically on the Economic History Association web site, EH.Net, November 5, 2007.

"A History of the Federal Reserve, Volume 1: 1913-1951"
by Allan H. Meltzer
Economic History Review, August 2005, 58(3), pp. 629-30.

More Book Reviews

Education

Degree Institution Major Date
Ph.D. University of Illinois Economics
1987
MS University of Illinois Economics
1984
BS Iowa State University Economics
1982

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