"The Federal Response to Home Mortgage Distress: Lessons from the Great Depression"
Federal Reserve Bank of St. Louis Review, May/June 2008, 90(3, Part 1), pp. 133-48.
"Stable Prices, Stable Economy: Keeping Inflation in Check Must Be No. 1 Goal of Monetary Policymakers"
with William Poole
Federal Reserve Bank of St. Louis The Regional Economist, January 2008, pp. 4-9.
"Measuring Commercial Bank Profitability: Proceed with Caution"
with R. Alton Gilbert
Federal Reserve Bank of St. Louis Review, November/December 2007, 89(6), pp. 515-32.
"Housing Slump Could Lean Heavily on Economy"
Federal Reserve Bank of St. Louis The Regional Economist, April 2007, pp. 4-9.
"Stock Market Booms and Monetary Policy in the Twentieth Century"
Federal Reserve Bank of St. Louis Review, March/April 2007, 89(2), pp. 91-122.
"What Happens to Banks When House Prices Fall? U.S. Regional Housing Busts of the 1980s and 1990s"
Federal Reserve Bank of St. Louis Review, September/October 2006, 88(5), pp. 413-29.
"The Real Population Problem: Too Few Working, Too Many Retired"
with William Poole
Federal Reserve Bank of St. Louis The Regional Economists, April 2005, pp. 5-9.
"Monetary Policy and Asset Prices: A Look Back at Past U.S. Stock Market Booms"
with Michael D. Bordo
Federal Reserve Bank of St. Louis Review, November/December 2004, 86(6), pp. 19-44.
"Trends in the Efficiency of Federal Reserve Check Processing Operations"
with Paul W. Wilson
Federal Reserve Bank of St. Louis Review, September/October 2004, 86(5), pp. 7-19.
"Commentary"
on "The Real Effects of U.S. Banking Deregulations" by Philip E. Strahan
Federal Reserve Bank of St. Louis Review, July/August 2003, 85(4), pp. 129-34.
"Darryl Francis and the Making of Monetary Policy 1966-1975"
with R. W. Hafer
Federal Reserve Bank of St. Louis Review, March/April 2003, 85(3), pp. 1-12.
"Deposit Insurance Reform: Is It Déjá Vu All Over Again?"
with Mark D. Vaughn
Federal Reserve Bank of St. Louis The Regional Economist, October 2002, pp. 5-9.
"Conducting Monetary Policy Without Government Debt: The Fed's Early Years"
Federal Reserve Bank of St. Louis Review, May/June 2002, 84(3), pp. 1-14.
"The Microchip Flexes Its Muscle: Can It Compete With History's Best?"
with Kevin L. Kliesen
Federal Reserve Bank of St. Louis The Regional Economist, July 2001, pp. 5-9.
"The Rise and Fall of a Policy Rule: Monetarism at the St. Louis Fed, 1968-1986"
with R.W. Hafer
Federal Reserve Bank of St. Louis Review, January/February 2001, 83(1), pp.1-24 .
"A History of The Asymmetric Directive"
with Daniel L. Thornton
Federal Reserve Bank of St. Louis Review, September/October 2000, 82(5), pp.1-16 .
"The FOMC in 1998: Can It Get any Better Than This?"
Federal Reserve Bank of St. Louis Review, July/August 1999, 81(4), pp. 11-22.
"Price Stability and Financial Stability: The Historical Record"
with Michael D. Bordo
Federal Reserve Bank of St. Louis Review, September/October 1998, 80(5), pp. 41-62.
"Editor's Introduction: Lessons from Financial History Proceedings of the Twenty-Second Annual Economic Policy Conference"
Federal Reserve Bank of St. Louis Review, May/June 1998, 80(3), pp. 7-11.
"Why Does Bank Performance Vary Across States?"
with Michelle C. Neely
Federal Reserve Bank of St. Louis Review, March/April 1997, 79(2), pp. 27-40.
"Market Expectations and Monetary Policy"
with Michael R. Pakko
Federal Reserve Bank of St. Louis Review, July/August 1996, 78(4), pp. 19-32.
"Evaluating the Efficiency of Commercial Banks: Does Our View of What Banks Do Matter?"
with Paul W. Wilson
Federal Reserve Bank of St. Louis Review, July/August 1995, 77(4), pp. 39-52.
"Editor's Introduction: Channels of Monetary Policy Proceedings of the Nineteenth Annual Economic Policy Conference"
with Daniel L. Thornton
Federal Reserve Bank of St. Louis Review, May/June 1995, 77(3), pp. vii-xii.
"Regulation, Market Structure, and the Bank Failures of the Great Depression"
Federal Reserve Bank of St. Louis Review, March/April 1995, 77(2), pp. 27-38.
"Can Deposit Insurance Increase the Risk of Bank Failure? Some Historical Evidence"
with Paul W. Wilson
Federal Reserve Bank of St. Louis Review, May/June 1994, 76(3), pp. 57-71.
"Is the Banking Industry in Decline? Recent Trends and Future Prospects from a Historical Perspective"
Federal Reserve Bank of St. Louis Review, September/October 1993, 75(3), pp. 3-22.
(Reprinted in Peter S. Rose, ed. Readings in Financial Institutions and Markets, Irwin, 1994/95.)
"What Have We Learned About Deposit Insurance From the Historical Record?"
Federal Reserve Bank of St. Louis Review, January/February 1993, 75(1), pp. 10-14.
"Seasonal Accommodation and the Financial Crises of the Great Depression: Did the Fed 'Furnish an Elastic Currency'?"
Federal Reserve Bank of St. Louis Review, November/December 1992, 74(6), pp. 3-18.
"Monetary Policy in the Great Depression: What the Fed Did and Why"
Federal Reserve Bank of St. Louis Review, March/April 1992, 74(2), pp. 3-28.