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CFR Seminar Series Libary:    2008     2007     2006     2005     2004    

Operational Risk - PDF 257kb
Robert A. Jarrow, Johnson Graduate School of Management, Cornell University, Ithaca, New York

How Much of a Haircut? Options-Based Structural Modeling of Defaulted Bond Recovery Rates - PDF 270kb
Robert R. Cangemi, Jr., Citigroup
Joseph R. Mason, LeBow College of Business, Wharton Financial Institutions Center, and Federal Deposit Insurance Corporation
Michael S. Pagano, Villanova University

Relationship Banking and the Pricing of Financial Services - PDF 337kb
Charles W. Calomiris, Henry Kaufman Professor of Financial Institutions at Columbia Business School, Professor of International and Public Affairs at Columbia’s SIPA, the Arthur Burns Fellow in International Economics at the American Enterprise Institute, and a Research Associate at the National Bureau of Economic Research, New York, NY
Thanavut Pornrojnangkool, Columbia Business School, New York, NY

Bank Imputed Interest Rates: Unbiased Estimates of Offered Rates? – PDF 426kb
Evren Ors, HEC School of Management, Jouy-en-Josas, France

Major Investments, Firm Financing Decisions, and Long-run Performance – PDF 589kb
Mark J. Flannery, Department of Finance, University of Florida
Ralf Elsas, Institute for Finance and Banking, LMU München,
Jon A. Garfinkel, Department of Finance, University of Iowa

Bank Failures, Banking Regulation, and Long-term Growth: Evidence from US States at the Turn of the 20th Century – PDF 9 kb
Carlos Ramirez

Paying to Make a Difference: Executive Compensation and Product Dynamics - PDF 518kb
Antonio Falato, University of Maryland

Economic Capital for Pooled Market, Credit and Instrument-Specific Risks - PDF 153kb
Paul Kupiec, FDIC

A New Keynesian Phillips Curve for Japan - PDF 134kb
Dolores Anne Sanchez, FDIC

Are the Source of Strength Doctrine and Cross-Guarantee Provision Still Effective? - PDF 11kb
Ken Jones and Chris Bradley, FDIC

The Policy Debate Surrounding the Credit Rating Industry - PDF 11kb
Paul Kupiec, FDIC

Banking Fragility and Disclosure: International Evidence - PDF 296kb
Solomon Tadesse , University of South Carolina

Bank Deposit Pricing and Financial Distress: The Effects of Deposit Insurance and Depositor Segmentation - PDF 171kb
Ajay Palvia, Cornell University

Lease Financing, Credit Risk and Optimal Capital Structure - PDF 969
Yildiray Yildirim, Syracuse University

Recovery Risk in Defaultable Debt Models: Empirical Comparisons and Implied Recovery Rates - PDF 257kb
Gurdip Bakshi, Department of Finance, Smith School of Business, University of Maryland, College Park, MD
Dilip Madan, Department of Finance, Smith School of Business, University of Maryland, College Park, MD
Frank Zhang, Morgan Stanley, New York, NY

Relationship Banking and the Pricing of Financial Services - PDF 353kb
Charles W. Calomiris, Henry Kaufman Professor of Financial Institutions at Columbia Business School, Professor of International and Public Affairs at Columbia’s SIPA, the Arthur Burns Fellow in International Economics at the American Enterprise Institute, and a Research Associate at the National Bureau of Economic Research
Thanavut Pornrojnangkool, Ph.D. candidate at Columbia Business School.

Three Decades of Financial Sector Risk - PDF 358kb
Joel Houston, Bank of America Professor, Warrington College of Business, University of Florida;
Kenneth Stiroh, Assistant Vice President, Federal Reserve Bank of New York

Monetary Policy and the House Price Boom Across U.S. States - PDF 355kb
Marco Del Negro, Federal Reserve Bank of Atlanta
Christopher Otrok, University of Virginia, Department of Economics

Deriving Credit Portfolio Diversification Properties from Large Asset-backed Security Pools – PDF 500kb
Eric Higgins, Kansas State University
James Higgins, Kansas State University
Joseph Mason, Drexel University, the Wharton School, and the Federal Deposit Insurance Corporation

Designing Countercyclical and Risk Based Aggregate Deposit Insurance Premia - PDF 218kb
Dilip B. Madan, Robert H. Smith School of Business and University of Maryland
Haluk Unal, University of Maryland

The Effect of Banking Crisis on Bank-Dependent Borrowers - PDF 403kb
Sudheer Chava and Amiyatosh Purnanandam

Consumers’ Use of Debit Cards: Patterns, Preferences and Price Response 216kb
Elizabeth K. Kiser of the Federal Reserve Board of Governors

Bank Integration and Financial Constraints: Evidence from U.S. Firms - PDF 459kb
Ricardo Correa, Columbia University

Are Acquisitions an Operational Hedge? The Interaction of Financial and Operational Hedging - PDF 376kb
Kristine Hankins, Warrington College of Business, University of Florida

Identifying Non-Cooperative Behavior Among Spouces: Child Outcomes in Migrant-Sending Households - PDF 380kb
Joyce J. Chen, Harvard University

Bank Size, Credit and the Sources of Bank Market Risk - PDF 322kb
Ryan Stever, Haas School of Business University of California, Berkeley

Joint Estimation of Default and Recovery Risk: A Simulation Study - PDF 381kb
Jens Henrik Eggert Christensen, Dept. of Finance, Copenhagen Business School, Frederiksberg, Denmark
Paul R. Zimmerman, U.S. Federal Communications Commission--->

Earnings Disparities: The Role of Internal Promotions and Job Performance - PDF 253kb
Heather Krull, University of North Carolina at Chapel Hill

Estimating Default with Discrete Duration and Structural Models - PDF 375kb
Todd B. Walkery, University of Iowa