Nicola Cetorelli

Nicola Cetorelli

Assistant Vice President
Financial Intermediation Function
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045

Phone (212) 720-5071
Fax (212) 720-8363
nicola.cetorelli@ny.frb.org

Publications

Banking and Real Economic Activity
Chapter in The Oxford Handbook of Banking, Forthcoming, 2nd Edition, (1st edition 2009), Allen N. Berger, Phillip Molyneux and John Wilson, Eds., Series : Oxford Handbooks in Finance, Oxford University Press.

Shadow Banking Monitoring
With Tobias Adrian and Adam Ashcraft
Chapter in The Oxford Handbook of Banking, Forthcoming, 2nd Edition, Allen N. Berger, Phillip Molyneux and John Wilson, Eds., Series : Oxford Handbooks in Finance, Oxford University Press

Shadow Banking: Challenges for Global Monitoring and Regulation
Chapter in Shadow Banking Within and Across National Borders, Stjin Claessen, Douglas Evanoff, George Kaufman and Luc Laeven, eds., 2014

Evolution in Bank Complexity
With Jamie McAndrews and James Traina
Federal Reserve Bank of New York Economic Policy Review, 2014, 20, 2

Measures of Complexity of Global Banks
With Linda Goldberg
Federal Reserve Bank of New York Economic Policy Review, 2014, 20, 2

Surviving Credit market competition PDF
Economic Inquiry, 2014, 52, 1, 320-340

Evolving Intermediation
Chapter in The Social Value of the Financial Sector. Too Big to Fail or Just Too Big?, 2013, Viral Acharya, Thorsten Beck, Douglas Evanoff, George Kaufman and Richard Portes, Eds, World Scientific Studies in International Economics, 29, 239-255

Prestigious Stock Exchanges: A Network Analysis of International Financial Centers PDF
With Stavros Peristiani
Journal of Banking and Finance, 2013, 37, 5, 1543-1551

The Role of Banks in Asset Securitization
With Stavros Peristiani
Federal Reserve Bank of New York Economic Policy Review, July 2012, 18, 2

The Evolution of Banks and Financial Intermediation: Framing the Analysis
With Benjamin Mandel and Lindsay Mollineaux
Federal Reserve Bank of New York Economic Policy Review, July 2012, 18, 2

Liquidity management of U.S. Global Banks: Internal Capital Markets in the Great Recession
With Linda Goldberg
Journal of International Economics, 2012, 88, 2, 299-311
See also ››
Federal Reserve Bank of New York Staff Reports, 511, August 2011

Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession
With Linda Goldberg
American Economic Review: Papers and Proceedings, March 2012
See also ››
Federal Reserve Bank of New York Staff Reports, 545, February 2012

Credit Quantity and Credit Quality. Bank Competition and Capital Accumulation PDF
With Pietro Peretto
Journal of Economic Theory, 2012, 147, 3, 967-998
45 pages/ 303 kb

Banking Globalization and Monetary Transmission PDF
With Linda Goldberg
Journal of Finance, 2012, 67, 5, 1811-1843
See also ››
First version as "Banking Globalization, Monetary Transmissions, and the Lending Channel", With Linda Goldberg. NBER working paper #14101 (June 2008)

Global Banks and International Shock Transmission: Evidence from the Crisis PDF
With Linda Goldberg
International Monetary Fund Economic Review, April 2011
66 pages / 237 kb

Discussion of: Inflation and Financial Performance: What Have We Learned in the Last Ten Years?PDF
Cambridge University Press, (by John Boyd and Bruce Champ), 2009, In: Monetary Policy in Low Inflation Economies, David E. Altig and Ed Nosal, eds.
7 pages / 28 kb

Banking and Real Economic ActivityPDF
Chapter in The Oxford Handbook of Banking, 2009, Allen N. Berger, Phillip Molyneux and John Wilson, Eds., Series : Oxford Handbooks in Finance, Oxford University Press
7 pages / 28 kb

Trends in Financial Market Concentration and their Implications for Market Stability
With Beverly Hirtle, Donald P. Morgan, Stavros Peristiani and Joao A.C. Santos
Federal Reserve Bank of New York Economic Policy Review,March 2007, Volume 13, Number 1

Risks in U.S. Bank International Exposures in Cross-Border Banking PDF
With Linda Goldberg
Regulatory Challenges, 2006, Gerard Caprio, Douglas Evanoff and George Kaufman, Eds., Series: World Scientific Studies in International economics, World Scientific
23 pages / 120 kb

Finance as a Barrier to Entry: Bank Competition and Industry Structure in Local U.S. Markets PDF
With Philip Strahan
The Journal of Finance, 2006, 61, 1, 437-61
25 pages / 209 kb
Read the full text in SSRN››

Real Effects of Bank Competition PDF
Journal of Money, Credit and Banking,2004, 36, 3, Pt. 2, 543-558
Read the full text in SSRN››

The Effects of Regulatory Reform on Competition in the Banking Industry PDF
With Paolo Angelini
Journal of Money, Credit and Banking, 2003, 35, 5, 663-684
23 pages / 315 kb
Read the full text in SSRN››

Life-cycle Dynamics in Industrial Sectors: The Role of Banking Market Structure PDF
Quarterly Review, Proceedings of the Twenty-Seventh Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis, July/August 2003, 85, 4
19 pages / 213 kb
Read the full text in SSRN››

Could Prometheus Be Bound Again? A Contribution to the Convergence Controversy
Journal of Economic Dynamics and Control,2002, 27, 29-50
35 pages / 303 kb

Entry and Competition in Highly Concentrated Banking Markets PDF
Economic Perspectives,Fourth Quarter, 2002
10 pages / 285 kb
Read the full text in SSRN››

The Role of Financial Services in Economic GrowthPDF
Chicago Fed Letter,January 2002, 173
4 pages / 69 kb

Banking Market Structure, Financial Dependence and Growth: International Evidence from Industry Data PDF
With Michele Gambera
The Journal of Finance, 2001, 56, 2, 617-648
32 pages / 133 kb
Read the full text in SSRN››

Bank Competition: Good or Bad? Economic PerspectivesPDF
Economic Perspectives, Second Quarter 2001, pp. 38-48
11 pages / 142 kb

Competitive Analysis in Banking: An Appraisal of the MethodologiesPDF
Economic Perspectives, First Quarter 1999, pp. 2-15
14 pages / 222 kb

Nicola Cetorelli's CVPDFThe views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.