| Publications
Refereed journal articles
"TIPS Scorecard: Are TIPS Accomplishing What They Were Supposed to Accomplish? Can They Be Improved?" with Michelle L. Barnes, Zvi Bodie, and Robert K. Triest. Financial Analysts Journal forthcoming.
"The Value of Risk: Measuring the Services of U.S. Commercial Banks," with Susanto Basu and Robert Inklaar. Economic Inquiry forthcoming.
Books and book chapters
“A General Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output,” with Susanto Basu and John Fernald in Price Index Concepts and Measurement, W.E. Diewert, John Greenlees, and Charles R. Hulten (eds.) NBER Studies in Income and Wealth
70: 273-328, Chicago: The University of Chicago Press, 2009.
Working papers and other unpublished papers
"TIPS Scorecard: Are TIPS Accomplishing What They Were Supposed to Accomplish? Can They be Improved?" with Michelle Barnes, Zvi Bodie and Robert K. Triest. FRB Boston Public Policy Discussion Papers Series, paper no. 09-8 (2009).
"The Value of Risk: Measuring the Service Output of U.S. Commercial Banks," with Susanto Basu and Robert Inklaar. FRB Boston Working Papers, paper no. 08-4 (2008).
"Technological Progress, 'Money' in the Utility Function, and the 'User Cost of Money,'" with Susanto Basu, presented at the NBER/CRIW Summer Institute (2006).
“Risk Bearing, Implicit Financial Services, and Specialization in the Financial Industry,”
with Susanto Basu. FRB Boston Public Policy Discussion Papers Series, paper no. 06-3
(2006).
“A General-Equilibrium
Asset-Pricing Approach to the Measurement of Nominal
and Real Bank Output,” with Susanto Basu
and John G. Fernald. FRB Boston Working Papers Series, paper no.
04-7 (2004).
“Merger-Related
Cost Savings in the Production of Bank Services.”
FRB Boston Working Papers Series, paper no. 03-8 (2003).
“Productivity
and Economies of Scale in the Production of Bank Service
Value Added.” FRB Boston Working Papers Series, paper no.
03-7 (2003).
“Service Output
of Bank Holding Companies in the 1990s and the Role
of Risk.” FRB Boston Working Papers Series, paper no. 03-6
(2003).
“Loanable Funds,
Risk, and Bank Service Output.” FRB Boston
Working Papers Series, paper no. 03-4 (2003).
“Do Bank Mergers in the 1990s Create Value?
An Event Study,” unpublished, University of Michigan.
“Bank Production, Risk, and Output Measurement
I: Theory," unpublished, University of Michigan.
“Bank Production, Risk, and Output Measurement
II: Implementation and Estimation,” unpublished,
University of Michigan.
“Bank Mergers, Output, and Cost Savings,”
unpublished, University of Michigan.
Public service
Referee: American Economic Review; Rand Journal of Economics; Review of Economics and Statistics; Review of Income and Wealth; Financial Analyst Journal. |
