2008 Working Paper Series

Our working paper series is Library of Congress
ISSN 1936-9344

Click on the title to see the abstract. Click on the icon to download the entire paper. (You will need the free Acrobat Reader from Adobe).

#08-01
The Reaction of Consumer Spending and Debt to Tax Rebates - Evidence from Consumer Credit Data
Sumit Agarwal, Chunlin Liu and Nicholas S. Souleles, November 2007

#08-02
Why Have Exchange-Traded Catastrophe Instruments Failed to Displace Reinsurance?
Rajna Gibson, Michel A. Habib and Alexandre Ziegler

#08-03
Liquidity Production in 21st Century Banking
Philip E. Strahan, January 2008

#08-04
Liquidity Risk and Syndicate Structure
Evan Gatev and Philip E. Strahan, January 2008

#08-05
Forecasting Economic and Financial Variables with Global VARs
M. Hashem Pesaran, Til Schuermann and L. Vanessa Smith, January 2008

#08-06
The Economic Impact of Merger Control Legislation
Elena Carletti, Philipp Hartmann and Steven Ongena, December 2007

#08-07
Networks in Finance
Franklin Allen and Ana Babus, March 2008

#08-08
Economic Determinants and Entry Modes of Foreign Banks into Central Europe
Aneta Hryckiewicz and Oskar Kowalewski, January 2008

#08-09
How Do Large Banking Organizations Manage Their Capital Ratios?
Allen N. Berger, Robert DeYoung, Mark J. Flannery, David Lee and Ozde Oztekin

#08-10
Trading in Networks: A Normal Form Game Experiment
Douglas Gale and Shachar Kariv, April 2007

#08-11
Estimating Ambuiguity Aversion in a Portfolio Choice Experiment
David Ahn, Syngjoo Choi, Douglas Gale and Shachar Kariv, December 2007

#08-12
Optimal Mortgage Loan Diversification
Kourosh M. Rasmussen and Stavros A. Zenios, November 2007

#08-13
Banking Structures and Financial Stability
Allen N. Berger, Leora F. Klapper and Rima Turk-Ariss

#08-14
Financial Contracting and the Specialization of Assets
Robert Marquez and M. Deniz Yavuz, April 2008

#08-15
Risk and the Corporate Structure of Banks
Giovanni Dell' Ariccia and Robert Marquez, March 2008

#08-16
Does Regulation Substitute or Complement Governance?
David A. Becher and Melissa B. Frye, February 2008

#08-17
Bidder Returns and Merger Anticipation: Evidence from Banking Deregulation
David A. Becher, April 2008

#08-18
Law, Institutions and Finance in China and India
Franklin Allen, Rajesh Chakrabarti, Sankar De, Jun "QJ" Qian and Meijun Qian
Forthcoming in Emerging Giants: China and India in the World Economy edited by Barry Eichengreen, Poonam Gupta, and Rajiv Kumar, 2008.

#08-19
The Role of Banks in Financial Systems
Franklin Allen and Elena Carletti, March 2008
Forthcoming inThe Oxford Handbook of Banking, edited by A. Berger, P. Molyneux, and J. Wilson, Oxford University Press, 2008

#08-20
Attention and Trading
Yu Yuan, April 2008

#08-21
Competitive Effects of Basel II on U.S. Bank Credit Card Lending
William W. Lang, Loretta J. Mester and Todd A. Vermilyea, March 2007
Forthcoming, Journal of Financial Intermediation

#08-22
Core Measures of Inflation as Predictors of Total Inflation
Theodore M. Crone, N. Neil K. Khettry, Loretta J. Mester and Jason A. Novak, May 2008

#08-23
Central Bank Institutional Structure and Effective Central Banking: Cross-Country Empirical Evidence
Iftekhar Hasan and Loretta J. Mester, April 2008

#08-24
Optimal Industrial Structure in Banking
Loretta J. Mester, July 2005
Forthcoming, Handbook of Financial Intermediation, Elsevier , June 2008.

#08-25
Efficiency in Banking: Theory, Practice, and Evidence
Joseph P. Hughes and Loretta J. Mester, January 2008
Forthcoming, Oxford Handbook of Banking

#08-26
Comparing Legal and Alternative Institutions in Commerce
Franklin Allen and Jun "QJ" Qian, May 2008