"Robust Non-parametric Quantile Estimation of Efficiency and Productivity Change in U.S. Commercial Banking, 1985-2004"
with Paul W. Wilson
FORTHCOMING: Journal of Business and Economic Statistics
Abstract | Full Text (PDF)
"Non-parametric, Unconditional Quantile Estimation for Efficiency Analysis with an Application to Federal Reserve Check Processing Operations"
with Paul W. Wilson
FORTHCOMING: Journal of Econometrics
Abstract | Full Text (PDF)
"When Do Stock Market Booms Occur? The Macroeconomic and Policy Environments of 20th Century Booms"
with Michael D. Bordo
FORTHCOMING: in Jeremy Atack, ed., The Origins and Development of Financial Markets and Institutions, Cambridge University Press
Abstract | Full Text (PDF)
"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.
"New Evidence on the Fed's Productivity in Providing Payments Services"
with R. Alton Gilbert and Paul W. Wilson
Journal of Banking and Finance, September 2004, 28(9), pp. 2175-90.
"Consolidation in US Banking: Which Banks Engage in Mergers?"
with Paul W. Wilson
Review of Financial Economics, January 2004, 13(1-2), pp. 7-39.
"Aggregate Price Shocks and Financial Stability: The United Kingdom 1796-1999"
with Michael D. Bordo and Michael J. Dueker
Explorations in Economic History, April 2003, 40(2), pp.143-69.
"Aggregate Price Shocks and Financial Instability: A Historical Analysis"
with Michael D. Bordo and Michael J. Dueker
Economic Inquiry, October 2002, 40(4), pp. 521-38.
"New Evidence on Returns to Scale and Product Mix Among U.S. Commercial Banks"
with Paul W. Wilson
Journal of Monetary Economics, June 2001, 47(3), pp. 653-74.
"National Monetary Policy by Regional Design: The Evolving Role of the Federal Reserve Banks in Federal Reserve System Policy"
in J. von Hagen and C.Waller, eds. Regional Aspects of Monetary Policy in Europe. Boston: Kluwer Academic Publishers, 2000, pp. 241-74.
"Why Do Banks Disappear? The Determinants of U.S. Bank Failures and Acquisitions"
with Paul W. Wilson
Review of Economics and Statistics, February 2000, 82(1), pp. 127-38.
"Technical Progress, Inefficiency, and Productivity Change in U.S. Banking, 1984-1993"
with Paul W. Wilson
Journal of Money, Credit, and Banking, May 1999, 31(2), pp. 212-34.
"Monetary Policy in the Great Depression and Beyond: The Origins of the Fed's Inflation Bias"
Mark Wheeler, ed. The Economics of the Great Depression. Kalamazoo: The Upjohn Institute, 1998, pp. 127-67.
"Was the Great Depression a Watershed for American Monetary Policy?"
with Charles W. Calomiris
Michael Bordo, Claudia Goldin and Eugene N. White, eds. The Defining Moment: The Great Depression and the American Economy in the Twentieth Century. Chicago: University of Chicago Press for the NBER, 1998, pp. 23-65.
Also printed as NBER working paper no. 5963, March 1997.
"Federal Reserve System, 1914-1941"
David Glasner, ed. Business Cycles and Depressions: An Encyclopedia. New York: Garland Publishing, 1997, pp. 219-21.
"Explaining Bank Failures: Deposit Insurance, Regulation, and Efficiency"
with Paul Wilson
The Review of Economics and Statistics, November 1995, 77(4), pp. 689-700.
"Which Banks Choose Deposit Insurance? Evidence of Adverse Selection and Moral Hazard in a Voluntary Insurance System"
with Subal C. Kumbhakar
The Journal of Money, Credit, and Banking, February 1995, 27(1), pp. 186-201.
"Why Do Banks Fail? Evidence from the 1920s"
with Lee J. Alston and Wayne A. Grove
Explorations in Economic History, October 1994, 31(4), pp. 409-31.
"Nationwide Branching: The Implications"
Bank Management, Bank Administration Institute, September/October 1994, pp. 54-58.
"'The Slack Banker Dances:' Deposit Insurance and Risk-Taking in the Banking Collapse of the 1920s"
with Subal C. Kumbhakar
Explorations in Economic History, July 1994, 31(4), pp. 357-75.
"Government Policy and Banking Market Structure in the 1920s"
The Journal of Economic History, December 1993, 53(4), pp. 857-79.
"Regulation and Bank Failures: New Evidence from the Agricultural Collapse of the 1920s"
The Journal of Economic History, December 1992, 52(4), pp. 806-25.
"Deposit Insurance and Bank Failures: New Evidence from the 1920s"
Economic Inquiry, July 1992, 30, pp. 530-43.
"Banking Act of 1935"
P. Newman, et. al., eds., The New Palgrave Dictionary of Money and Finance, 1992, 1, p. 135.
"Glass-Steagall Act"
P. Newman, et. al., eds., The New Palgrave Dictionary of Money and Finance, 1992, 2, pp. 243-44.
"Regulation Q"
P. Newman, et. al., eds., The New Palgrave Dictionary of Money and Finance, 1992, 3, pp. 326-27.
"Member Bank Borrowing and the Fed's Contractionary Monetary Policy During the Great Depression"
Journal of Money, Credit, and Banking, November 1990, 22(4), pp. 409-26.
"The Strategy, Effectiveness, and Consistency of Federal Reserve Monetary Policy, 1924-1933"
Explorations in Economic History, October 1989, 26, pp. 453-76.
"The Strategy and Consistency of Federal Reserve Monetary Policy, 1919-1933"
The Journal of Economic History, June 1989, 49(2), pp. 459-61 (dissertation summary).
"The Fed's Failure to Act as Lender of Last Resort During the Great Depression 1929-1933"
Federal Reserve Bank of Chicago, Bank Structure and Competition, 1989, pp. 154-76.
