J. Benson Durham

Benson Durham

Policy Advisor, Assistant Vice President
Markets Group
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045

Phone (212) 720-6412
jbenson.durham@ny.frb.org


Publications

What do Sovereign Spreads Say about Expected Defaults and Devaluations? An Application to the European Sovereign Debt Crisis
Journal of Portfolio Management, Winter 2014, pp. 86-93

Which Component of Treasury Yields Belongs in Equity Valuation Models?
Journal of Portfolio Management, Summer 2013, pp. 80–90

Implied Interest Rate Skew, Term Premiums, and the 'Conundrum,’
Journal of Fixed Income, Spring 2008, pp. 88–99
See also ››
Working paper version, Federal Reserve Board Finance and Economics Discussion Series No. 2007-55

Additional Analytical Approximations of the Term Structure and Distributional Assumptions for Jump Diffusion Processes
Journal of Fixed Income, Spring 2006, pp. 61–73
See also ››
Working paper version, Federal Reserve Board Finance and Economics Discussion Series No. 2005-53

More on Monetary Policy and Stock Price Returns
Financial Analysts Journal, Vol. 61, August 2005, pp. 83–90

Economic Growth and Institutions: Some Sensitivity Analyses, 1961–2000
International Organization, Vol. 58, Summer 2004, pp. 485–529

Absorptive Capacity and the Effects of Foreign Direct Investment and Equity Foreign Portfolio Investment on Economic Growth
European Economic Review, Vol. 48, April 2004, pp. 285–306

Monetary Policy and Stock Price Returns
Financial Analysts Journal, Vol. 59, August 2003, pp. 26–35
See also ››
Working paper version, Federal Reserve Board Finance and Economics Discussion Series No. 2001-42

The Effects of Stock Market Development on Growth and Private Investment in Lower Income Countries
Emerging Markets Review, Vol. 3, September 2002, pp. 211–32
See also ››
Working paper version, QEH Working Paper No. 53

Can Equity Investors Profit From Elections?
Journal of Investing, Vol. 11, Spring 2002, pp. 27–36

Retirement Planning and the Asset/Salary Ratio
With Martin L. Leibowitz, P. Brett Hammond, and Michael Heller
in Olivia S. Mitchell, Zvi Bodie, P. Brett Hammond, Stephen Zeldes, eds., Innovations in Retirement Planning
Philadelphia, PA: University of Pennsylvania, 2002

Sensitivity Analyses of Anomalies in Developed Stock Markets
Journal of Banking and Finance, Vol. 25, August 2001, pp. 1503–41

Which Anomalies are Robust in Emerging and Developed Stock Markets?
Emerging Markets Quarterly, Vol. 4, Fall 2000, pp. 50–67

Extreme Bound Analysis of Emerging Stock Market Anomalies: Nothing is Robust
Journal of Portfolio Management, Vol. 26, Winter 2000, pp. 95–103

Understanding the Inflation Risk Premium
With P. Brett Hammond and Andrew C. Fairbanks
in John Brynjolfsson, Frank J. Fabozzi, eds.
Handbook of Inflation Indexed Bonds
New Hope, PA: Frank J. Fabozzi Associates, 1999

Economic Growth and Political Regimes
Journal of Economic Growth, Vol. 4, March 1999, pp. 81–111

Econometrics of Income Distribution: Toward More Comprehensive Specification of Institutional Correlates
Comparative Economic Studies, Vol. 41, No. 1, Spring 1999, pp. 43–74

J. Benson Durham'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.