Outside Journals
Members of the Research and Statistics Group publish in a wide range of economic and finance journals, conference volumes, and scholarly books.
Browse outside journals:
1997
Angelos Antzoulatos
"On the Excess Sensitivity of Consumption to Information about Income." Journal of Macroeconomics 19, no. 3 (July): 539-53.
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Leonardo Bartolini
"Capital Account Liberalization as a Signal," with A. Drazen. American Economic Review 87, no. 1 (March): 138-54.
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"Soft versus Hard Targets for Exchange Rate Intervention," with A. Prati. Economic Policy 12, no. 24 (April): 14-38.
"Treasury Bill Auctions: Issues and Uses," with C. Cottarelli. In M. Blejer and T. Ter-Minassian, eds., Macroeconomic Dimensions of Public Finance, 267-336. London: Routledge.
"When Liberal Policies Reflect External Shocks, What Do We Learn?" with A. Drazen. Journal of International Economics 42, no. 3-4 (May): 249-73.
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Paul Bennett
"Implementing U.S. Monetary Policy with Low Reserve Requirements," with Spence Hilton and Brian Madigan. In Implementation and Tactics of Monetary Policy, 107-20. BIS Conference Papers, vol. 3, March.
Paul Bennett, Richard Peach, and Stavros Peristiani
"Effects of Household Creditworthiness on Mortgage Refinancings," with Gordon Monsen and Jonathan Raiff. Journal of Fixed Income 7, no. 3 (December): 7-22.
Stephen Cecchetti
"Interactions between the Seasonal and Business Cycles in Production and Inventories," with A. Kashyap and D. Wilcox. American Economic Review 87, no. 5 (December): 884-92
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"Measuring Short-Run Inflation for Central Bankers." Federal Reserve Bank of St. Louis Economic Review 79, no. 3 (May-June): 143-55.
"The Neutrality of Money." In D. Glasner, ed., Encyclopedia of Business Cycles, Panics, Crises, and Depressions, 481-4. New York: Garland.
Rebecca Demsetz and Philip Strahan
"Diversification, Size, and Risk at Bank Holding Companies." Journal of Money, Credit, and Banking 29, no. 3 (August): 300-13.
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Arturo Estrella and Frederic Mishkin
"Is There A Role for Monetary Aggregates in the Conduct of Monetary Policy?" Journal of Monetary Economics 40, no. 2 (October): 279-304.
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"The Predictive Power of the Term Structure of Interest Rates in Europe and the United States: Implications for the European Central Bank." European Economic Review 41, no. 7 (July): 1375-1401.
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Arturo Estrella and John Kambhu
"Approximations of Changes in Option Values and Hedge Ratios: How Large Are the Errors?" In The Measurement of Aggregate Market Risk. Basel: Bank for International Settlements, November.
Joan Evans and James Mahoney
"The Effects of Daily Price Limits: Evidence from the Futures and Options Market for Cotton." Proceedings of the Chicago Board of Trade Research Symposium, spring.
Linda Goldberg
"Black Markets for Currency, Hoarding Activity, and Policy Reform," with Il'dar Karimov. Journal of International Economics 42, no. 3-4 (May): 349-69.
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"Exchange Rates and Investment Response in Latin America." In Benjamin J. Cohen, ed., International Trade and Finance: New Frontiers for Research, Essays in Honor of Peter B. Kenen. Cambridge: Cambridge University Press.
"FDI, Trade, and Real Exchange Rate Linkages in Developing Countries," with Michael Klein. In Reuven Glick, ed., Managing Capital Flows and Exchange Rates: Lessons from the Pacific Basin. Cambridge: Cambridge University Press.
Review of Job Creation and Destruction, by Steven J. Davis, John C. Haltiwanger, and Scott Schuh. Journal of International Economics 42, no. 3-4 (May): 505-15.
"Strategic Trading in a Two-Sided Foreign Exchange Auction," with Rafael Tenorio. Journal of International Economics 42, no. 3-4 (May): 299-326.
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Erica Groshen
"Macro- and Microeconomic Consequences of Wage Rigidity," with Mark E. Schweitzer. In D. Lewin, D. Mitchell, and M. Zaidi, eds., Handbook of Human Resource Management, 217-49. Greenwich, Conn.: JAI Press.
James Harrigan
"Technology, Factor Supplies, and International Specialization: Estimating the Neoclassical Model." American Economic Review 87, no. 4 (September): 475-94.
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Jean Helwege
"Understanding Aggregate Default Rates of High Yield Bonds," with Paul Kleiman. Journal of Fixed Income 7, no. 1 (June): 341-57.
Darryll Hendricks
"Netting Agreements and Potential Credit Exposure." In B. Schachter, ed., Derivatives, Regulation, and Banking. New York: North-Holland.
"The J-Shape of Performance Persistence Given Survivorship Bias," with Jayendu Patel and Richard Zeckhauser. Review of Economics and Statistics 79, no. 2 (May): 161-6.
Matthew Higgins
"Age Structure Dynamics in Asia and Dependence on Foreign Capital," with Jeffrey Williamson. Population and Development Review 23, no. 2 (June): 261-93.
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Matthew Higgins and Carol Osler
"Asset Market Hangovers and Economic Growth." Oxford Review of Economic Policy 13, no. 3 (autumn): 110-34.
Beverly Hirtle
"Derivatives, Portfolio Composition, and Bank Holding Company Interest Rate Risk Exposure." Journal of Financial Services Research 12, nos. 2-3 (October-December): 243-66.
James Kahn
"Birth, Death, and Dynamic Efficiency: Evidence from Commercial Banking," with James A. Lim and Jong-Soo Rhee. International Economic Journal 11, no. 3 (autumn): 85-102.
John Kambhu
"The Size of Hedge Adjustments of Derivatives Dealers' U.S. Dollar Interest Rate Options." In The Measurement of Aggregate Market Risk. Basel: Bank for International Settlements, November.
John Kambhu and Anthony Rodrigues
"Residual Risk Factors, Portfolio Composition, and Risk Measurement." In The Measurement of Aggregate Market Risk. Basel: Bank for International Settlements, November.
Cara Lown and Robert Rich
"A Look at the U.S. Inflation Puzzle." In Monetary Policy and the Inflation Process, 193-219. BIS Conference Papers, vol. 4, July.
James Mahoney
"Board Structure, Antitakeover Provisions, and Stockholder Wealth," with Joseph T. Mahoney and Chamu Sundaramurthy. Strategic Management Journal 18, no. 3 (March): 231-45.
"Risk Management of Correlation Products." European Financial Management 3, no. 2 (July): 155-74.
"The Effects of Corporate Antitakeover Provisions on Long-Term Investment: Empirical Evidence," with Joseph T. Mahoney and Chamu Sundaramurthy. Managerial and Decision Economics 18, no. 5 (August): 349-65.
Frederic Mishkin
"Inflation Targeting: A New Framework for Monetary Policy?" with Ben S. Bernanke. Journal of Economic Perspectives 11, no. 2 (spring): 97-116.
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"Is There a Role for Monetary Aggregates in the Conduct of Monetary Policy?" with Arturo Estrella. Journal of Monetary Economics 40, no. 2 (October): 279-304.
Read the full text in ScienceDirect››
"The Predictive Power of the Term Structure of Interest Rates in Europe and the United States: Implications for the European Central Bank," with Arturo Estrella. European Economic Review 41, no. 7 (July): 1375-1401.
Read the full text in ScienceDirect››
Comment on "The Optimum Quantity of Money," by Casey B. Mulligan and Xavier X. Sala-I-Martin. Journal of Money, Credit, and Banking 29, no. 4, pt. 2 (November): 716-9.
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Carol Osler
"Charting: Chaos Theory in Disguise?" with William C. Clyde. Journal of Futures Markets 17, no. 5 (August): 489-514.
Frank Packer
"Before Main Banks: A Selective Historical Overview of Japan's Prewar Financial System." In Gerard Caprio and Dimitri Vittas, eds., Reforming Financial Systems: Historical Implications for Policy. Cambridge: Cambridge University Press.
"Differences of Opinion and Selection Bias in the Credit Rating Industry," with Richard Cantor. Journal of Banking and Finance 21, no. 10 (October): 1395-1417.
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"Split Ratings and the Pricing of Credit Risk," with Kevin Cole and Richard Cantor. Journal of Fixed Income 7, no. 3 (December): 72-82.
Sangkyun Park
"Effects of Price Competition in the Credit Card Industry." Economics Letters 57, no. 1 (November): 79-85.
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"Rationality of Negative Stock-Price Responses to Strong Economic Activity." Financial Analysts Journal 53, no. 5 (September-October): 52-6.
"The Relationship between Government Financial Condition and Expected Tax Rates Reflected in Municipal Bond Yields." National Tax Journal 50, no. 1 (March): 23-38.
"Risk-Taking Behavior of Banks under Regulation." Journal of Banking and Finance 21, no. 4 (April): 491-507.
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Stavros Peristiani
"Do Mergers Improve the X-Efficiency and Scale Efficiency of U.S. Banks? Evidence from the 1980s." Journal of Money, Credit, and Banking 29, no. 3 (August): 326-37.
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"Mutual-to-Stock Conversions in the Thrift Industry in the 1990s," with Thierry Wizman. Journal of Economics and Business 49, no. 2 (March-April): 95-116.
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Lawrence Radecki and John Wenninger
"Industry Structure: Electronic Delivery's Potential Effects on Retail Banking," with Daniel K. Orlow. Journal of Retail Banking Services 19, no. 4 (winter): 57-64.
Carol Rapaport
"Housing Demand and Community Choice: An Empirical Analysis." Journal of Urban Economics 42, no. 2 (September): 243-60.
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Robert Rich
"Oil and the Macroeconomy: A Markov State-Switching Approach," with Jennie E. Raymond. Journal of Money, Credit, and Banking 29, no.2 (May): 193-213.
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Anthony Rodrigues
"Term Structure and Volatility Shocks." In The Measurement of Aggregate Market Risk. Basel: Bank for International Settlements, November.
Rae Rosen
"Opening Doors: Why New York City and State Must Increase Their Access to the Global Market for Business and Financial Services," with Reagan Murray. In Margaret E. Crahaw and Alberto Vourvoulias-Bush, eds., The City and the World: New York City in the Global Context. New York: Council on Foreign Relations.
Philip Strahan
"The Role of Monitoring in Mitigating Moral Hazard Problems Associated with Government Guarantees: Evidence from the Life Insurance Industry," with Elijah Brewer and Thomas H. Mondschean. Journal of Risk and Insurance 64, no. 2 (June): 301-22.
Joseph Tracy
"The Best Business Schools: A Market-Based Approach," with Joel Waldfogel. Journal of Business 70, no. 1 (January): 1-31.
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"Collateral Damage: Refinancing Constraints and Regional Recessions," with Andrew Caplin and Charles Freeman. Journal of Money, Credit, and Banking 29, no. 4, pt. 1 (November): 496-516.
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Housing Partnerships: A New Approach to a Market at a Crossroads, with Andrew Caplin, Sewin Chan, and Charles Freeman. Cambridge: MIT Press.
Kei-Mu Yi
"Is There Endogenous Long-Run Growth? Evidence from the United States and the United Kingdom," with Narayana Kocherlakota. Journal of Money, Credit, and Banking 29, no. 2 (May): 235-62.
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