The Changing Financial Industry Structure & Regulation: Bridging States, Countries & Industries

Conference Papers

Bank Underwriting of Corporate Bonds: Evidence from Post-1994 Japan (PDF,98KB)
Yasushi Hamao
University of Southern California
Takeo Hoshi
University of California, San Diego

The Determinants of Cross-Border Bank Shareholdings: An Analysis with Bank-Level Data from OECD Countries (PDF,175KB)
Dario Focarelli
Alberto Franco Pozzolo
Bank of Italy

Are Scale Economics in Banking Elusive or Illusive? Evidence Obtained by Incorporating Capital Structure and Risk Taking into Models of Bank Production (PDF,161KB)
Joseph P. Hughes
Rutgers University
Loretta J. Mester
Federal Reserve Bank of Philadelphia
Choon-Geol Moon
Hanyang University

Are Fiscal Costs of Banking Crises Increased by Poor Resolution Policies? (PDF,228KB)
Patrick Honahon
Daniela Klingebiel
World Bank

The Dynamics of Debtors in Possession Financing: Bankruptcy Resolution and the Role of Prior Lenders (PDF,78KB)
Sandeep Dahiya
Georgetown University
Kose John
New York University
Manju Puri
Stanford University
Gabriel Ramirez
Virginia Commonwealth University

Parameterizing Credit Risk Models with Rating Data (PDF,359KB)
Mark Carey
Mark Hrycay
Board of Governors of the Federal Reserve System

Incentives for Banking Megamergers: What Motives Might Regulators Infer from Event-Study Evidence? (PDF,556KB)
Mark Carey
Board of Governors of the Federal Reserve System
Edward J. Kane
Boston College

Empirical Evidence on the Need for a Lender of Last Resort (PDF,359KB)
Craig Furfine
Bank for International Settlements

Bond Market Discipline of Banks: Is the Market Tough Enough? (PDF,95KB)
Donald P. Morgan
Kevin J. Stiroh
Federal Reserve Bank of New York

Managerial Incentives, Merger Premiums, and Bank Acquisitions (PDF,85KB)
James A. Wilcox
Office of the Comptroller of the Currency
Zane D. Williams
McKinsey & Company, Inc.

Bank Consolidation and Consumer Loan Interest Rates (PDF,266KB)
Charles Kahn
George Pennacchi
University of Illinois at Urbana-Champaign
Ben Sopranzetti
Rutgers University

The Speed of Bank Liquidation And The Propagation of the US Great Depression (PDF,136KB)
Joseph Mason
Assistant Professor of Finance
Drexel University
Ali Anari
Senior Research Economist
Texas A&M University
James Kolari
Chase Professor of Finance
Texas A&M University

The "Big Picture" of Bank Diversification (PDF,56KB)
Allen N. Berger
Board of Governors of the Federal Reserve System
Wharton Financial Institutions Center