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Center for Financial Research

Externally Published Research

Most Recently Externally Published Research
Shared Destinies? Small Banks and Small Business Consolidation
By Claire Brennecke (Consumer Financial Protection Bureau), Stefan Jacewitz (Federal Deposit Insurance Corporation), and Jonathan Pogach (Federal Deposit Insurance Corporation)
Review of Financial Studies, November 2025, Volume 38 Issue 11, pp. 3411-3459
Stressed Banks? Evidence from the Largest-Ever Supervisory Review
By Puriya Abbassi (Deutsche Bundesbank), Rajkamal Iyer (Imperial College London), Jose-Luis Peydro (Imperial College London, Universitat Pompeu Fabra, Center for Economic Policy and Research), Paul E. Soto (Federal Reserve Board)
Management Science, October 2025, Volume 71, Issue 10 pp. 8390-8414
Transaction Costs, Mortgage Rate Heterogeneity, and the Failure to Refinance
By Leonard Kiefer (Freddie Mac), Hua Kiefer (Federal Deposit Insurance Corporation), and Tom Mayock (Virginia Tech)
Real Estate Economics,  July 2025, Volume 53 Issue 4, pp. 701-735
Analysis of Upstream, Downstream & Common Firm Shocks Using a Large Factor-Augmented Vector Autoregressive Approach
By Everett Grant (Amazon) and Julieta Yung (Federal Deposit Insurance Corporation)
Journal of Applied Econometrics, March 2025, Volume 40 Issue 2, pp. 111-130
Bank Monitoring with On-Site Inspections
By Amanda Rae Heitz (Tulane University, Federal Deposit Insurance Corporation), Christopher Martin (Federal Deposit Insurance Corporation), and Alexander Ufier (Federal Deposit Insurance Corporation)
Journal of Finance, Forthcoming
Explaining the Life Cycle of Bank-Sponsored Money Market Funds: An Application of the Regulatory Dialectic
By Stefan Jacewitz (Federal Reserve Bank of Kansas City), Jonathan Pogach (Federal Deposit Insurance Corporation), Haluk Unal (University of Marlyand and Federal Deposit Insurance Corporation, and Chengjun Wu (University of Maryland)
Journal of Financial Stability, Forthcoming
Why Do Models that Predict Failure Fail?
By Hua Kiefer (Federal Deposit Insurance Corporation) and Tom Mayock (Virginia Tech)
J Real Estate Finance Econ, Forthcoming
Deposit Inflows and Outflows in Failing Banks: The Role of Deposit Insurance
By Christopher Martin (Federal Deposit Insurance Corporation), Manju Puri (Duke University, Federal Deposit Insurance Corporation, National Bureau of Economic Research), and Alexander Ufier (Federal Deposit Insurance Corporation)
Journal of Finance, Forthcoming

Last Updated: November 21, 2025