Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Center for Financial Research

CFR Seminar Series Library - 2006

The Seminar Series of the FDIC's Center for Financial Research, Division of Insurance and Research provides the research community and other interested parties with the results of research efforts by economists in the Division. Since much of the research is ongoing, the authors welcome comments from readers. Seminar Papers should not be reproduced without prior approval from the author.

All Links on this page reference Portable Document Format (PDF) files. Adobe Acrobat, a reader available for free on the Internet, is required to display or print PDF files. You may also request a printed copy of this document.

CFR Seminar Series Libary:    2014     2013     2012     2011    2010    2009     2008     2007     2006     2005     2004    


January 10 - 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

January 19 - Estimating Default with Discrete Duration and Structural Models - PDF 375kb
Todd B. Walker, University of Iowa

January 24 - Earnings Disparities: The Role of Internal Promotions and Job Performance - PDF 253kb
Heather Krull, University of North Carolina at Chapel Hill

January 25 - The Cingular/AT&T Wireless Merger, Wireline-Affiliated Wireless Carriers, and Intermodal Competition in Telecommunications - PDF 293kb (PDF Help)
Paul R. Zimmerman

January 27 - Bank Size, Credit and the Sources of Bank Market Risk - PDF 322kb
Ryan Stever, Haas School of Business University of California, Berkeley

February 2 - Identifying Non-Cooperative Behavior Among Spouces: Child Outcomes in Migrant-Sending Households - PDF 380kb
Joyce J. Chen, Harvard University

February 8 - Bank Integration and Financial Constraints: Evidence from U.S. Firms - PDF 459kb
Ricardo Correa, Columbia University

February 17 - Are Acquisitions an Operational Hedge? The Interaction of Financial and Operational Hedging - PDF 376kb
Kristine Hankins, Warrington College of Business, University of Florida

March 9 - Consumers' Use of Debit Cards: Patterns, Preferences and Price Response 216kb
Elizabeth K. Kiser of the Federal Reserve Board of Governors

March 21 - 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

March 23 - The Effect of Banking Crisis on Bank-Dependent Borrowers - PDF 403kb
Sudheer Chava and Amiyatosh Purnanandam

March 28 - 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

April 5 - 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

April 13 - 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

April 18 - 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

April 26 - 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.

May 2 - Lease Financing, Credit Risk and Optimal Capital Structure - PDF 969kb
Yildiray Yildirim, Syracuse University

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

May 23 - Economic Capital for Pooled Market, Credit and Instrument-Specific Risks - PDF 153kb
Paul Kupiec, FDIC

June 1 - Bank Deposit Pricing and Financial Distress: The Effects of Deposit Insurance and Depositor Segmentation - PDF 171kb
Ajay Palvia, Cornell University

June 6 - Banking Fragility and Disclosure: International Evidence - PDF 296kb
Solomon Tadesse , University of South Carolina

June 8 - Are the Source of Strength Doctrine and Cross-Guarantee Provision Still Effective? - PDF 11kb
Ken Jones and Chris Bradley, FDIC

June 13 - Paying to Make a Difference: Executive Compensation and Product Dynamics - PDF 518kb
Antonio Falato, University of Maryland

June 29 - A New Keynesian Phillips Curve for Japan - PDF 134kb
Dolores Anne Sanchez, FDIC

July 18 - The Policy Debate Surrounding the Credit Rating Industry - PDF 11kb
Paul Kupiec, FDIC

August 1 - 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 M�nchen,
Jon A. Garfinkel, Department of Finance, University of Iowa

August 8 - Bank Imputed Interest Rates: Unbiased Estimates of Offered Rates? � PDF 426kb
Evren Ors, HEC School of Management, Jouy-en-Josas, France

September 27 - 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

October 3 - 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

December 11 - Operational Risk - PDF 257kb
Robert A. Jarrow, Johnson Graduate School of Management, Cornell University, Ithaca, New York