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Research Update
Papers Recently Published by Research Group Economists
Number 3, 2009
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Tobias Adrian. 2009. “Learning about Beta: Time-Varying Factor Loadings, Expected Returns, and the Conditional CAPM,” with Francesco Franzoni. Journal of Empirical Finance 16, no. 4 (September): 537-56.

 

Tobias Adrian. 2009. “The Shadow Banking System: Implications for Financial Regulation,”
with Hyun Song Shin. Bank of France Financial Stability Review, no. 13 (September): 1-10.

 

Marco Del Negro. 2009. “Monetary Policy Analysis with Potentially Misspecified Models,”
with Frank Schorfheide. American Economic Review 99, no. 4 (September): 1415–50.

 
Andrew Haughwout and Joseph Tracy. 2009. “Subprime Mortgage Pricing: The Impact
of Race, Ethnicity, and Gender on the Cost of Borrowing,” with Christopher Mayer.
Brookings-Wharton Papers on Urban Affairs
: 33-56.
 

Todd Keister. 2009. “Bank Runs and Institutions: The Perils of Intervention,” with
Huberto M. Ennis. American Economic Review 99, no. 4 (September): 1588-1607.

 

Todd Keister. 2009. “Bank Runs as Coordination Failures: An Experimental Study,” with
Rod Garratt. Journal of Economic Behavior and Organization 71, no. 2 (August): 300-17.

 

Todd Keister. 2009. “Expectations and Contagion in Self-Fulfilling Currency Attacks.” International Economic Review 50, no. 3 (August): 991-1012.

 

Todd Keister. 2009. “Run Equilibria in the Green-Lin Model of Financial Intermediation,”
with Huberto M. Ennis. Journal of Economic Theory 144, no. 5 (September): 1996-2020.

 

Sagiri Kitao. 2009. “Labor Supply Elasticity and Social Security Reform,” with Selahattin Imrohoroglu. Journal of Public Economics 93, no. 7-8 (August): 867-78.

 

Thomas Klitgaard. 2009. “The Rise and Fall of Sovereign Wealth Accumulation: Causes and Consequences,” with Matthew Higgins. Revue d’Economie Financière 2009, 179-93. Special Issue on Sovereign Wealth Funds.

 

Anna Kovner. 2009. “Specialization and Success: Evidence from Venture Capital,” with Paul Gompers and Josh Lerner. Journal of Economics and Management Strategy 18, no. 3 (fall):
817-44.

 

James McAndrews. 2009. “Rating the Raters: Are Reputation Concerns Powerful Enough to Discipline Rating Agencies?” with Jérôme Mathis and Jean-Charles Rochet. Journal of Monetary Economics 56, no. 5 (July): 657-74.

 

Ayşegül Şahin. 2009. “Job-Finding and Separation Rates in the OECD,” with Bart Hobijn. Economics Letters 104, no. 3 (September): 107-58.

 

Ayşegül Şahin. 2009. “Revisiting the Welfare Effects of Eliminating Business Cycles,” with Per Krusell, Toshihiko Mukoyama, and Anthony A. Smith, Jr. Review of Economic Dynamics 12, no. 3 (July): 393-404.

 

João Santos. 2009. “Do Banks Price Their Informational Monopoly?” with Galina Hale.
Journal of Financial Economics 93, no. 2 (August): 185-206.

 

João Santos. 2009. “Do Markets ‘Discipline’ All Banks Equally?” Journal of Financial Economic Policy 1, no. 1: 107-23.

 

Asani Sarkar. 2009. “Time-Varying Consumption Covariance and Dynamics of the Equity Premium: Evidence from the G-7 Countries,” with Lingjia Zhang. Journal of Empirical Finance 16, no. 4 (September): 613-31.