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David C. Wheelock

Senior Vice President and Special Policy Advisor


Ph.D. Economics
University of Illinois

M.S. Economics
University of Illinois

B.S. Economics
Iowa State University

Contact Info

Phone: (314) 444-8570
Fax: (314) 444-8731

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

For media inquiries, contact:
Shera Dalin
Phone: (314) 444-3911

David C. Wheelock

Senior Vice President and Special Policy Advisor

Selected Publications

"Interbank Networks and the Interregional Transmission of Financial Crises: Evidence from the Panic of 1907"
with  Matthew Jaremski
FORTHCOMING: Journal of Economic History

"Banking on the Boom, Tripped by the Bust: Banks and the World War I Agricultural Price Shock"
with  Matthew Jaremski
Journal of Money, Credit, and Banking, October 2020, Vol. 52, No. 7, pp. 1719-1754
Working Paper

"The Founding of the Federal Reserve, the Great Depression and the Evolution of the U.S. Interbank Network"
with  Matthew Jaremski
Journal of Economic History, March 1, 2020, Vol. 80, No. 1, pp. 69-99
Working Paper

"Did the Founding of the Federal Reserve Affect the Vulnerability of the Interbank System to Contagion Risk?"
with  Mark A. Carlson
Journal of Money, Credit, and Banking, December 2018, Vol. 50, No. 8, pp. 1711-1750
Working Paper

"The Evolution of Scale Economies in U.S. Banking"
with  Paul W. Wilson
Journal of Applied Econometrics, January/February 2018, Vol. 33, pp. 16-28
Working Paper

"Banker Preferences, Interbank Connections, and the Enduring Structure of the Federal Reserve System"
with  Matthew Jaremski
Explorations in Economic History, October 2017, Vol. 65, pp. 21-43
Working Paper

"The Promise and Performance of the Federal Reserve as Lender of Last Resort 1914-1933"
with  Michael D. Bordo
in Michael D. Bordo and William Roberds, ed., The Origins, History, and Future of the Federal Reserve: A Return to Jekyll Island
Cambridge University Press, 2013, Chapter 2, pp. 59-98