TY - JOUR AU - Warburton, Clark T1 - MONETARY EXPANSION AND THE INFLATIONARY GAP. JO - American Economic Review JF - American Economic Review Y1 - 1944/06// VL - 34 IS - 2 M3 - Article SP - 303 PB - American Economic Association SN - 00028282 AB - The article presents a response of the author to comments made by some economists on his article regarding the inflationary gap. According to them the inflationary gap indicate that there is another gap of great importance that needs to be closed or bridged, the gap between economists who approach the problem of price inflation from analysis of the use of income and those who approach it from monetary theory and the analysis of monetary statistics. That gap, I believe, can be bridged by consideration of the possibility that, in the present state of statistical information, the approach from monetary theory provides a more usable over-all measure of how people adjust their expenditures to wartime changes in income than does analysis of the customary use of income. Both approaches to wartime inflation in the prices of consumers' goods and services start from the habits of individuals regarding their expenditures. Both approaches are designed to provide an estimate or forecast of the monetary value of consumers' expenditures for comparison with the estimated value available supplies at current price. KW - INFLATION (Finance) KW - CUSTOMER services KW - PRICES KW - ECONOMISTS KW - INCOME KW - CONSUMPTION (Economics) KW - MONETARY policy KW - WAR -- Economic aspects KW - STATISTICS KW - ECONOMICS N1 - Accession Number: 8703301; Warburton, Clark 1; Affiliations: 1: Principal Economist, Division of Research and Statistics, Federal Deposit Insurance Corporation.; Issue Info: Jun44, Vol. 34 Issue 2, p303; Thesaurus Term: INFLATION (Finance); Thesaurus Term: CUSTOMER services; Thesaurus Term: PRICES; Thesaurus Term: ECONOMISTS; Thesaurus Term: INCOME; Thesaurus Term: CONSUMPTION (Economics); Thesaurus Term: MONETARY policy; Thesaurus Term: WAR -- Economic aspects; Thesaurus Term: STATISTICS; Thesaurus Term: ECONOMICS; Number of Pages: 25p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=8703301&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - WARBURTON, CLARK T1 - Messrs. Mosaic and Salant on Wartime Inflation: A Rejoinder. JO - American Economic Review JF - American Economic Review Y1 - 1945/09// VL - 35 IS - 4 M3 - Article SP - 658 EP - 660 PB - American Economic Association SN - 00028282 N1 - Accession Number: 94873455; WARBURTON, CLARK 1; Affiliations: 1: Principal economist, Federal Deposit Insurance Corporation; Issue Info: Sep45, Vol. 35 Issue 4, p658; Number of Pages: 3p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=94873455&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Warburton, Clark T1 - Hansen and Fellner on Full Employment Policies. JO - American Economic Review JF - American Economic Review Y1 - 1948/03// VL - 38 IS - 1 M3 - Article SP - 128 EP - 134 PB - American Economic Association SN - 00028282 AB - The article comments on the context of the book, Economic Policy and Full Employment. Modern business-fluctuation theory does not contradict the basic tenets of traditional theory of the origin of depression; both contain the assumption that the logical consequence of monetary contraction is depression and unemployment. Nevertheless, there is a sharp cleavage between the diagnosis of the origin of depression and that of traditional theory; and this cleavage is the reason for insufficient attention to the problem of monetary control. The conflict between the two theories relates to the causal role and significance of change in holdings of idle money, or rapidity of circulation of money. But even here there is one important element of agreement. Both theories acknowledge, as an observed fact, that the velocity of money is low during a depression. KW - ECONOMIC policy KW - EMPLOYMENT (Economic theory) KW - DEPRESSIONS (Economics) KW - ECONOMIC reform KW - MONEY KW - ECONOMICS N1 - Accession Number: 8717280; Warburton, Clark 1; Affiliations: 1: Principal economist, Federal Deposit Insurance Corporation; Issue Info: Mar1948, Vol. 38 Issue 1, p128; Thesaurus Term: ECONOMIC policy; Thesaurus Term: EMPLOYMENT (Economic theory); Thesaurus Term: DEPRESSIONS (Economics); Thesaurus Term: ECONOMIC reform; Thesaurus Term: MONEY; Thesaurus Term: ECONOMICS; Number of Pages: 7p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=8717280&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - SAILOR, VANCE L. T1 - BANK SUPERVISION AND THE BUSINESS CYCLE. JO - Journal of Finance JF - Journal of Finance Y1 - 1948/10// VL - 3 IS - 3 M3 - Article SP - 65 EP - 77 PB - Wiley-Blackwell SN - 00221082 AB - This article explores the relationship between bank supervisory policies and the changing phases of the business cycle in the U.S. The author notes that the influence of policy decisions on the business environment have been overlooked and underestimated. At the same time, banking crises play a significant role the policy decisions of bank supervisors. The author believes the bank supervision needs to gain a better understanding of the flow of the business cycle and what their role in this process is. The author explores what bank supervision actually is, how it originated and how it directly or indirectly impacts the business cycle. KW - BANKING industry -- State supervision KW - BUSINESS cycles KW - ECONOMIC activity KW - ECONOMIC impact KW - MONEY supply KW - BANKING industry KW - ECONOMIC policy KW - BUSINESS conditions KW - MONETARY policy KW - DECISION making KW - FINANCIAL crises KW - HISTORY KW - ECONOMIC aspects KW - UNITED States N1 - Accession Number: 6755647; SAILOR, VANCE L. 1; Affiliations: 1: Chief, Division of Examination Federal Deposit Insurance Corporation; Issue Info: Oct48, Vol. 3 Issue 3, p65; Thesaurus Term: BANKING industry -- State supervision; Thesaurus Term: BUSINESS cycles; Thesaurus Term: ECONOMIC activity; Thesaurus Term: ECONOMIC impact; Thesaurus Term: MONEY supply; Thesaurus Term: BANKING industry; Thesaurus Term: ECONOMIC policy; Thesaurus Term: BUSINESS conditions; Thesaurus Term: MONETARY policy; Thesaurus Term: DECISION making; Thesaurus Term: FINANCIAL crises; Subject Term: HISTORY; Subject Term: ECONOMIC aspects; Subject: UNITED States; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; Number of Pages: 13p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6755647&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Warburton, Clark T1 - A Reply to Mr. Fels. JO - American Economic Review JF - American Economic Review Y1 - 1950/06// VL - 40 IS - 3 M3 - Article SP - 415 EP - 416 PB - American Economic Association SN - 00028282 AB - The article responds to the commentary made by Rendigs Fels on the author's study of the importance of variation in the quantity of money as initiating factor in business performance. Fels defends the emphasis on lack of investment opportunities and that of on liquidity preference. However, the misrepresentations and distortions are so serious that they make his comments worthless either for comparing the author's views or for getting at the realities of the economic world. Mr. Fels erroneously describes as straight lines the trends I have applied to monetary velocity and the quantity of money. He erroneously describes the base period used in fitting data to the trends and ignores my reasons for choosing this base. He ignores the data underlying my application of the trends derived from the selected base to a period longer than the base, and thereby gives a false impression of the foundation on which that application rests. Likewise, he misinterprets the character of the trend I applied to the quantity of money, and as a result draws a wholly unwarranted conclusion regarding its fit to the data. Mr. Fels' lack of care in examining the data I have used and the views I have expressed is accompanied by a similar lack of care in his own examination of the historical record. KW - MONETARY theory KW - QUANTITY theory of money KW - CORPORATIONS -- Finance KW - LIQUIDITY (Economics) KW - ECONOMIC trends N1 - Accession Number: 8710680; Warburton, Clark 1; Affiliations: 1: Economist, Federal Deposit Insurance Corporation; Issue Info: Jun50, Vol. 40 Issue 3, p415; Thesaurus Term: MONETARY theory; Thesaurus Term: QUANTITY theory of money; Thesaurus Term: CORPORATIONS -- Finance; Thesaurus Term: LIQUIDITY (Economics); Thesaurus Term: ECONOMIC trends; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 522321 Central credit unions; NAICS/Industry Codes: 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities; Number of Pages: 2p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=8710680&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - WARBURTON, CLARK T1 - CO-ORDINATION OF MONETARY, BANK SUPERVISORY, AND LOAN AGENCIES OF THE FEDERAL GOVERNMENT. JO - Journal of Finance JF - Journal of Finance Y1 - 1950/06// VL - 5 IS - 2 M3 - Article SP - 148 EP - 169 PB - Wiley-Blackwell SN - 00221082 AB - The article examines the relationships between U.S. federal monetary, banking, and loan agencies, and discusses how the activities among them could be better coordinated. Key problems identified include a lack of standards for implementing monetary policy, inadequate reconciliation between fiscal, debt, and monetary policy, and little connectedness between monetary policy and loan policy. The author believes monetary, banking, and loan supervision should be consolidated in a single department of the executive branch, and notes the benefits of such a policy. KW - BANKING industry -- United States KW - BUSINESS planning KW - MONETARY policy KW - CREDIT control KW - FEDERAL regulation KW - LOANS KW - BANKING industry KW - PUBLIC finance KW - INFLATION (Finance) KW - BANK reserves KW - UNITED States KW - BOARD of Governors of the Federal Reserve System (U.S.) N1 - Accession Number: 6634782; WARBURTON, CLARK 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Jun50, Vol. 5 Issue 2, p148; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: BUSINESS planning; Thesaurus Term: MONETARY policy; Thesaurus Term: CREDIT control; Thesaurus Term: FEDERAL regulation; Thesaurus Term: LOANS; Thesaurus Term: BANKING industry; Thesaurus Term: PUBLIC finance; Thesaurus Term: INFLATION (Finance); Thesaurus Term: BANK reserves; Subject: UNITED States ; Company/Entity: BOARD of Governors of the Federal Reserve System (U.S.); NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522390 Other Activities Related to Credit Intermediation; NAICS/Industry Codes: 921130 Public Finance Activities; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 22p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6634782&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - BEKHENS, CARL F. T1 - DISCUSSION. JO - Journal of Finance JF - Journal of Finance Y1 - 1950/12// VL - 5 IS - 4 M3 - Article SP - 325 EP - 329 PB - Wiley-Blackwell SN - 00221082 AB - The article presents commentary and criticism on the reports by R. J. Saulnier, Ernest M. Fischer and L. Douglas Meredith, included within the issue discussing the structures and management of the mortgage financing market of the United States. A summary of each report is given, highlighting the professional qualifications each author holds on the financial and banking policies of the United States. In particular, comments are offered on Fischer's and Meredith's views on bank liquidity and mortgage portfolio management along with Saulnier's inferences of artificially low interest rates. KW - MORTGAGES KW - BANK liquidity KW - INTEREST rates KW - PORTFOLIO management (Investments) KW - RESEARCH KW - BANKING industry -- United States KW - MORTGAGE loans KW - EVALUATION KW - UNITED States -- Economic conditions -- 1945- KW - UNITED States KW - SAULNIER, R. J. KW - MEREDITH, L. Douglas KW - FISCHER, Ernest M. N1 - Accession Number: 28126059; BEKHENS, CARL F. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Dec1950, Vol. 5 Issue 4, p325; Thesaurus Term: MORTGAGES; Thesaurus Term: BANK liquidity; Thesaurus Term: INTEREST rates; Thesaurus Term: PORTFOLIO management (Investments); Thesaurus Term: RESEARCH; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: MORTGAGE loans; Subject Term: EVALUATION; Subject Term: UNITED States -- Economic conditions -- 1945-; Subject: UNITED States; NAICS/Industry Codes: 522292 Real Estate Credit; NAICS/Industry Codes: 526913 Mortgage funds; NAICS/Industry Codes: 523920 Portfolio Management; People: SAULNIER, R. J.; People: MEREDITH, L. Douglas; People: FISCHER, Ernest M.; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=28126059&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - CRAMER, EDISON H. T1 - THE PHILOSOPHY OF BANK CAPITALIZATION. JO - Journal of Finance JF - Journal of Finance Y1 - 1951/03// VL - 6 IS - 1 M3 - Article SP - 62 EP - 65 PB - Wiley-Blackwell SN - 00221082 AB - The article discusses the debate over bank capitalization in the United States, highlighting the central issue of the preservation or reformation of the unit system of private banks. The confusion and complication of the issues through several smaller aspects of the system is mentioned and criticized. The presence of conflicts of interest in bank capital management schemes are outlined, particularly concerning liquidity. The connection between capital management and the ownership structure of U.S. private banking is stressed and attention to its maintenance is asserted. KW - BANK capital KW - PRIVATE banks KW - CAPITAL structure KW - BANK liquidity KW - BANKING industry -- United States KW - BANK management KW - LIQUIDITY (Economics) KW - STOCKHOLDERS equity KW - FINANCIAL ratios KW - BANK reserves KW - BANK assets KW - UNITED States -- Economic conditions -- 1945- KW - UNITED States N1 - Accession Number: 6628951; CRAMER, EDISON H. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Mar1951, Vol. 6 Issue 1, p62; Thesaurus Term: BANK capital; Thesaurus Term: PRIVATE banks; Thesaurus Term: CAPITAL structure; Thesaurus Term: BANK liquidity; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: BANK management; Thesaurus Term: LIQUIDITY (Economics); Thesaurus Term: STOCKHOLDERS equity; Thesaurus Term: FINANCIAL ratios; Thesaurus Term: BANK reserves; Thesaurus Term: BANK assets; Subject Term: UNITED States -- Economic conditions -- 1945-; Subject: UNITED States; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities; NAICS/Industry Codes: 522321 Central credit unions; Number of Pages: 4p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6628951&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - GEN AU - WARBURTON, CLARK T1 - AN ADDITIONAL NOTE ON CO-ORDINATION OF BANKING AND MONETARY AGENCIES. JO - Journal of Finance JF - Journal of Finance Y1 - 1951/09// VL - 6 IS - 3 M3 - Letter SP - 338 EP - 340 PB - Wiley-Blackwell SN - 00221082 AB - A reply by the author is presented in response to commentary on his article "Co-ordination of Monetary, Bank Supervisory, and Loan Agencies of the Federal Government," originally published in the June 1950 issue and re-addressed within "A Further Note on Bank Supervision and Monetary Policy," within the December 1950 issue. KW - CENTRAL banking industry KW - LETTERS to the editor KW - UNITED States N1 - Accession Number: 6630551; WARBURTON, CLARK 1; Affiliations: 1: Federal Deposit Insurance Corporation; Issue Info: Sep51, Vol. 6 Issue 3, p338; Thesaurus Term: CENTRAL banking industry; Subject Term: LETTERS to the editor; Subject: UNITED States; NAICS/Industry Codes: 521110 Monetary Authorities-Central Bank; Number of Pages: 3p; Document Type: Letter UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6630551&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - WARBURTON, CLARK T1 - MONETARY DIFFICULTIES AND THE STRUCTURE OF THE MONETARY SYSTEM. JO - Journal of Finance JF - Journal of Finance Y1 - 1952/12// VL - 7 IS - 4 M3 - Article SP - 523 EP - 545 PB - Wiley-Blackwell SN - 00221082 AB - This article discusses the character of the difficulties with the monetary system in the United States. The article cites the work of economist Milton Friedman's monetary and fiscal framework, which proposes a drastic change in the character of assets which could be monetized. Under Friedman's proposal the assets of the monetary system would be restricted to obligations of the federal government, with the possible exception of a carry-over of existing bank assets during a transitional stage. Friedman has also analyzed the proposals for a commodity-reserve monetary standard. KW - MONETARY systems KW - MONETARY policy KW - FISCAL policy KW - BANK assets KW - BANK loans KW - ECONOMICS KW - MONETARY unions KW - BANKING industry KW - FEDERAL regulation KW - ECONOMIC activity KW - ECONOMIC structure KW - FRIEDMAN, Milton, 1912-2006 N1 - Accession Number: 6630587; WARBURTON, CLARK 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Dec1952, Vol. 7 Issue 4, p523; Thesaurus Term: MONETARY systems; Thesaurus Term: MONETARY policy; Thesaurus Term: FISCAL policy; Thesaurus Term: BANK assets; Thesaurus Term: BANK loans; Thesaurus Term: ECONOMICS; Thesaurus Term: MONETARY unions; Thesaurus Term: BANKING industry; Thesaurus Term: FEDERAL regulation; Thesaurus Term: ECONOMIC activity; Thesaurus Term: ECONOMIC structure; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 921130 Public Finance Activities; People: FRIEDMAN, Milton, 1912-2006; Number of Pages: 23p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6630587&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - WARBURTON, CLARK T1 - RULES AND IMPLEMENTS FOR MONETARY POLICY. JO - Journal of Finance JF - Journal of Finance Y1 - 1953/03// VL - 8 IS - 1 M3 - Article SP - 1 EP - 21 PB - Wiley-Blackwell SN - 00221082 AB - The article discusses the objective of monetary policy and the effects of a proposed method of implementing monetary policy innovations. It examines the work of Milton Friedman, Lloyd W. Mints and Henry Simons. Their suggestions regard monetary policy as forces acting on the quantity of money, as a government function carried out by a government agency, should follow predictable rules instead of personal whims, should be aimed at domestic economic stability, and should emphasize price stability. KW - MONETARY policy KW - CENTRAL banking industry KW - MONETARY theory KW - CURRENCY boards KW - ECONOMIC policy KW - WHOLESALE prices KW - DEMAND for money KW - MONEY supply KW - INTEREST rates KW - FISCAL policy KW - FRIEDMAN, Milton, 1912-2006 KW - SIMONS, Henry Calvert, 1899-1946 KW - MINTS, Lloyd W. N1 - Accession Number: 6629830; WARBURTON, CLARK 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Mar1953, Vol. 8 Issue 1, p1; Thesaurus Term: MONETARY policy; Thesaurus Term: CENTRAL banking industry; Thesaurus Term: MONETARY theory; Thesaurus Term: CURRENCY boards; Thesaurus Term: ECONOMIC policy; Thesaurus Term: WHOLESALE prices; Thesaurus Term: DEMAND for money; Thesaurus Term: MONEY supply; Thesaurus Term: INTEREST rates; Thesaurus Term: FISCAL policy; NAICS/Industry Codes: 521110 Monetary Authorities-Central Bank; NAICS/Industry Codes: 921130 Public Finance Activities; People: FRIEDMAN, Milton, 1912-2006; People: SIMONS, Henry Calvert, 1899-1946; People: MINTS, Lloyd W.; Number of Pages: 21p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6629830&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - COOK, H. EARL T1 - Iowa's First Banking System. JO - Annals of Iowa JF - Annals of Iowa Y1 - 1955/04// VL - 32 IS - 8 M3 - Article SP - 602 EP - 611 SN - 00034827 AB - The article presents a history of the first banking system in Iowa. The establishment of the State Bank in 1858, the introduction of a bank-obligation insurance system, and the federal tax applied to state bank notes are discussed. The authorization of independent banks, the failure of the first bank in Iowa, and the prohibition of currency created by private banks are explored. Hardships encountered following a prohibition on private banking in Iowa and the operating record of the first state banking system are also examined. KW - BANKING industry -- History KW - STATE banks KW - IOWA -- History KW - IOWA -- Economic conditions KW - BANK notes KW - PRIVATE banks KW - IOWA N1 - Accession Number: 43251158; COOK, H. EARL 1; Affiliations: 1 : Chairman, Federal Deposit Insurance Corporation, Washington, D. C.; Source Info: Apr1955, Vol. 32 Issue 8, p602; Historical Period: 1834 to 1865; Subject Term: BANKING industry -- History; Subject Term: STATE banks; Subject Term: IOWA -- History; Subject Term: IOWA -- Economic conditions; Subject Term: BANK notes; Subject Term: PRIVATE banks; Subject: IOWA; Number of Pages: 10p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ahl&AN=43251158&site=ehost-live&scope=site DP - EBSCOhost DB - ahl ER - TY - JOUR AU - HENGREN, RAYMOND E. T1 - DISCUSSION. JO - Journal of Finance JF - Journal of Finance Y1 - 1955/05// VL - 10 IS - 2 M3 - Article SP - 230 EP - 233 PB - Wiley-Blackwell SN - 00221082 AB - The article presents commentary on several addresses included within the issue by David M. Wood, C. J. Kushell, and George W. Mitchell discussing the legal, administrative and economic aspects of tax-exempt revenue bond financing. A synthesis of the three different aspects of municipal finance is provided, reviewing the common trends of each writer. Particular questions are raised concerning the treatment of margins of protection in debt service in revenue bond finance and calls for additional examination on this topic are given. KW - MUNICIPAL bonds KW - REVENUE management KW - TAX-exempt securities KW - PUBLIC spending KW - CAPITAL budget KW - DEBT management KW - MUNICIPAL finance KW - FINANCE KW - HARBORS KW - NEW York (State) KW - MITCHELL, George W. KW - WOOD, David M. KW - KUSHELL, C. J. N1 - Accession Number: 6631599; HENGREN, RAYMOND E. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: May55, Vol. 10 Issue 2, p230; Thesaurus Term: MUNICIPAL bonds; Thesaurus Term: REVENUE management; Thesaurus Term: TAX-exempt securities; Thesaurus Term: PUBLIC spending; Thesaurus Term: CAPITAL budget; Thesaurus Term: DEBT management; Thesaurus Term: MUNICIPAL finance; Thesaurus Term: FINANCE; Subject Term: HARBORS; Subject: NEW York (State); NAICS/Industry Codes: 921130 Public Finance Activities; NAICS/Industry Codes: 488310 Port and Harbor Operations; NAICS/Industry Codes: 237990 Other Heavy and Civil Engineering Construction; People: MITCHELL, George W.; People: WOOD, David M.; People: KUSHELL, C. J.; Number of Pages: 4p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6631599&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - HARRIS, ROBERT E. T1 - FEDERAL MARGIN REQUIREMENTS: A SELECTIVE INSTRUMENT OF MONETARY POLICY. JO - Journal of Finance JF - Journal of Finance Y1 - 1957/12// VL - 12 IS - 4 M3 - Article SP - 563 EP - 564 PB - Wiley-Blackwell SN - 00221082 AB - The article presents a study on the federal margin requirements. Margin requirements, as it pertains to regulating the terms of transactions in securities, continue to be controversial. Major criticism revolves around contentions that the techniques are ineffective and authoritarian. Supporters generally view selective regulations as supplementary to other financial instruments and of limited usefulness in managing general economic tendencies. Stock-market credit, arising from net flows of payments between cash and margin traders, is measured by several statistical series. KW - MARGINS (Security trading) KW - FINANCIAL instruments KW - MONETARY policy KW - SECURITIES trading KW - MARGIN requirements KW - SECURITIES markets KW - TRADE regulation KW - MARGIN accounts KW - FEDERAL Reserve monetary policy KW - BANK reserves KW - SPECULATION KW - STOCK exchanges N1 - Accession Number: 6628468; HARRIS, ROBERT E. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Dec1957, Vol. 12 Issue 4, p563; Thesaurus Term: MARGINS (Security trading); Thesaurus Term: FINANCIAL instruments; Thesaurus Term: MONETARY policy; Thesaurus Term: SECURITIES trading; Thesaurus Term: MARGIN requirements; Thesaurus Term: SECURITIES markets; Thesaurus Term: TRADE regulation; Thesaurus Term: MARGIN accounts; Thesaurus Term: FEDERAL Reserve monetary policy; Thesaurus Term: BANK reserves; Thesaurus Term: SPECULATION; Thesaurus Term: STOCK exchanges; NAICS/Industry Codes: 525990 Other Financial Vehicles; NAICS/Industry Codes: 523210 Securities and Commodity Exchanges; NAICS/Industry Codes: 523120 Securities Brokerage; NAICS/Industry Codes: 523110 Investment Banking and Securities Dealing; Number of Pages: 2p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6628468&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - FLECHSIG, THEODORE G. T1 - THE EFFECT OF CONCENTRATION ON BANK LOAN RATES. JO - Journal of Finance JF - Journal of Finance Y1 - 1965/05// VL - 20 IS - 2 M3 - Article SP - 298 EP - 311 PB - Wiley-Blackwell SN - 00221082 AB - The article looks at the degree of concentration of deposits in large banks, which is identified as the most important structural factor affecting performance. The author discusses how differences in the supply and demand conditions of regional markets can explain variations in loan rates. No association has been found between loan rates and concentration taken from the Business loan Survey of 1955 and the Survey of Bank Rates on Short-term Business Loans for June 1960. Problems in trying to provide reliable tests for the relationship between the structure of bank performance and banking markets are discussed. Methodological problems related to the author's analysis are reviewed. KW - BANK loans KW - INTEREST rates KW - BANKING industry -- United States KW - MARKETS KW - MONEY market KW - BANK mergers KW - FINANCIAL performance KW - INDUSTRIAL organization (Economic theory) KW - BANK deposits KW - METROPOLITAN areas KW - COMPETITION KW - UNITED States N1 - Accession Number: 4663686; FLECHSIG, THEODORE G. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: May65, Vol. 20 Issue 2, p298; Thesaurus Term: BANK loans; Thesaurus Term: INTEREST rates; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: MARKETS; Thesaurus Term: MONEY market; Thesaurus Term: BANK mergers; Thesaurus Term: FINANCIAL performance; Thesaurus Term: INDUSTRIAL organization (Economic theory); Thesaurus Term: BANK deposits; Thesaurus Term: METROPOLITAN areas; Subject Term: COMPETITION; Subject: UNITED States; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 523210 Securities and Commodity Exchanges; Number of Pages: 14p; Illustrations: 4 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4663686&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Warburton, Clark AU - McGee, Leray R. AU - Goodman, Seymour S. AU - Stern, Robert M. AU - Naylor, Thomas H. AU - Moyer, Reed AU - Hall, George R. AU - McConnell, Campbell R. AU - Peterson, Wallace C. T1 - SOUTHERN ECONOMIC JOURNAL. JO - Journal of Economic Abstracts JF - Journal of Economic Abstracts Y1 - 1965/07// VL - 3 IS - 3 M3 - Article SP - 419 EP - 425 PB - American Economic Association SN - 0364281X AB - This article presents abstracts of several papers about economics published in the April 1965 issue of the Southern Economic Journal. In the article Malayan Rubber Production, Inventory Holdings, and the Elasticity of Export Supply, Robert M. Stern evaluated the components of the price elasticity of export supply. While the paper A Kuhn-Tucker Model of the Multi-Product Multi-Factor Firm, is a second in a series of papers devoted to the problem of weakening several of the assumptions underlying the mathematical function of the theory of the multi-product, multi-factor firm presented in Value and Capital by J. R. Hicks. KW - ECONOMICS KW - EXPORTS KW - SUPPLY & demand KW - ELASTICITY (Economics) KW - MULTIPRODUCT firms KW - ABSTRACTS N1 - Accession Number: 5774336; Warburton, Clark 1; McGee, Leray R.; Goodman, Seymour S.; Stern, Robert M. 2; Naylor, Thomas H. 3; Moyer, Reed 4; Hall, George R.; McConnell, Campbell R. 5; Peterson, Wallace C. 5; Affiliations: 1: Federal Deposit Insurance Corporation, USA; 2: University of Michigan, USA; 3: Duke University, USA; 4: Michigan State University, USA; 5: University of Nebraska, Lincoln, USA; Issue Info: Jul65, Vol. 3 Issue 3, p419; Thesaurus Term: ECONOMICS; Thesaurus Term: EXPORTS; Thesaurus Term: SUPPLY & demand; Thesaurus Term: ELASTICITY (Economics); Thesaurus Term: MULTIPRODUCT firms; Subject Term: ABSTRACTS; Number of Pages: 7p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5774336&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - COHEN, KALMAN J. AU - HAMMER, FREDERICK S. T1 - LINEAR PROGRAMMING AND OPTIMAL BANK ASSET MANAGEMENT DECISIONS. JO - Journal of Finance JF - Journal of Finance Y1 - 1967/05// VL - 22 IS - 2 M3 - Article SP - 147 EP - 165 PB - Wiley-Blackwell SN - 00221082 AB - The article focuses on the linear programming approach to bank asset management. Common problems faced by banks and other financial institutions are described and the application of analytical techniques to address them are discussed. The complexity and usefulness of the linear programming method utilized by the Bankers Trust Co. is discussed in depth. The results of the study are contrasted with certain criticisms cited, suggesting that operations research is primarily theoretical and has little if any practical management value. KW - LINEAR programming KW - ASSET management KW - ASSET allocation KW - BANKING industry -- Accounting KW - INVESTMENT analysis KW - DECISION theory KW - BANK assets KW - BANK investments KW - PORTFOLIO management (Investments) KW - OPTIMAL designs (Statistics) KW - CASE studies KW - BANKERS Trust Corp. -- Accounting N1 - Accession Number: 4660126; COHEN, KALMAN J. 1; HAMMER, FREDERICK S. 2,3; Affiliations: 1: Carnegie Institute of Technology; 2: Federal Deposit Insurance Corporation; 3: New York University; Issue Info: May67, Vol. 22 Issue 2, p147; Thesaurus Term: LINEAR programming; Thesaurus Term: ASSET management; Thesaurus Term: ASSET allocation; Thesaurus Term: BANKING industry -- Accounting; Thesaurus Term: INVESTMENT analysis; Thesaurus Term: DECISION theory; Thesaurus Term: BANK assets; Thesaurus Term: BANK investments; Thesaurus Term: PORTFOLIO management (Investments); Subject Term: OPTIMAL designs (Statistics); Subject Term: CASE studies ; Company/Entity: BANKERS Trust Corp. -- Accounting; NAICS/Industry Codes: 526917 Balanced funds / asset allocation funds; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 523920 Portfolio Management; NAICS/Industry Codes: 531390 Other Activities Related to Real Estate; Number of Pages: 19p; Illustrations: 3 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4660126&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Bell, Frederick W. AU - Murphy, Neil B. T1 - Returns to Scale for Commercial Banking Products. JO - Journal of Financial & Quantitative Analysis JF - Journal of Financial & Quantitative Analysis Y1 - 1967/12// VL - 2 IS - 4 M3 - Article SP - 435 EP - 437 PB - Cambridge University Press SN - 00221090 AB - The abstract is for "Returns to Scale for Commercial Banking Products," by Frederick W. Bell and Neil B. Murphy of Clark University and Federal Deposit Insurance Corporation. KW - PRODUCTION functions (Economic theory) KW - ABSTRACTS N1 - Accession Number: 5724847; Bell, Frederick W. 1; Murphy, Neil B. 2; Affiliations: 1: Clark University; 2: Federal Deposit Insurance Corporation; Issue Info: Dec67, Vol. 2 Issue 4, p435; Thesaurus Term: PRODUCTION functions (Economic theory); Subject Term: ABSTRACTS; Number of Pages: 3p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5724847&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Murphy, Neil B. T1 - A CROSS-SECTION ANALYSIS OF DEMAND DEPOSIT VARIABILITY. JO - Journal of Financial & Quantitative Analysis JF - Journal of Financial & Quantitative Analysis Y1 - 1968/03// VL - 3 IS - 1 M3 - Article SP - 87 EP - 95 PB - Cambridge University Press SN - 00221090 AB - Commercial bank portfolio models developed by Hester [6], Porter [11], and Kane and Malkiel [7], among others, relate the structure of an asset portfolio to variation in the level of deposits. Similarly, in a recent application of linear programming to asset management, Cohen and Hammer [3] specify a liquidity constraint based upon deposit fluctuations. However, there have been few empirical studies of the determinants of demand deposit fluctuations. The purpose of this paper is to extend the work of Gramley [4], Rangarajan [12], and Wilkerson [14] on the determinants of deposit variability. In this paper, the analysis will be confined to demand deposit variability. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial & Quantitative Analysis is the property of Cambridge University Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK deposits KW - BANK assets KW - MONEY supply KW - ASSET management accounts KW - BANKING industry KW - ECONOMISTS KW - INVESTMENTS KW - ASSET management KW - FINANCIAL management KW - LIQUIDITY (Economics) KW - ECONOMIC trends KW - ASSETS (Accounting) N1 - Accession Number: 5723285; Murphy, Neil B. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Mar1968, Vol. 3 Issue 1, p87; Thesaurus Term: BANK deposits; Thesaurus Term: BANK assets; Thesaurus Term: MONEY supply; Thesaurus Term: ASSET management accounts; Thesaurus Term: BANKING industry; Thesaurus Term: ECONOMISTS; Thesaurus Term: INVESTMENTS; Thesaurus Term: ASSET management; Thesaurus Term: FINANCIAL management; Thesaurus Term: LIQUIDITY (Economics); Thesaurus Term: ECONOMIC trends; Thesaurus Term: ASSETS (Accounting); NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 523999 Miscellaneous Financial Investment Activities; NAICS/Industry Codes: 523930 Investment Advice; NAICS/Industry Codes: 522321 Central credit unions; NAICS/Industry Codes: 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities; NAICS/Industry Codes: 523920 Portfolio Management; NAICS/Industry Codes: 531390 Other Activities Related to Real Estate; Number of Pages: 9p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5723285&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - MURPHY, NEIL B. T1 - A Cross-Sectional Analysis of The Cost of Operations Of Trust Departments. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1969/02// VL - 1 IS - 1 M3 - Article SP - 84 EP - 100 PB - Ohio State University Press SN - 00222879 AB - The article specifies and estimates cost functions for bank trust functions. The author presents a replication of a previous study which includes six-cross sections that were not available in previous bank function studies. The article explains the cost structure of a bank activity which the U.S. Congress has given attention to. The article also discusses empirical estimates of the cost function, a specification of a theoretical model of production and cost, and observed economies of scale. Several equations are provided to help illustrate the study. KW - BANKING industry KW - TRUST fund management KW - TRUSTS & trustees KW - BONDHOLDERS KW - BANK accounts KW - SECURITIES N1 - Accession Number: 5155420; MURPHY, NEIL B. 1; Affiliations: 1: Chief, Economic Research Unit, Division of Research and Statistics, Federal Deposit Insurance Corporation; Issue Info: Feb69, Vol. 1 Issue 1, p84; Thesaurus Term: BANKING industry; Thesaurus Term: TRUST fund management; Thesaurus Term: TRUSTS & trustees; Thesaurus Term: BONDHOLDERS; Thesaurus Term: BANK accounts; Thesaurus Term: SECURITIES; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 523110 Investment Banking and Securities Dealing; NAICS/Industry Codes: 523120 Securities Brokerage; NAICS/Industry Codes: 526989 All other miscellaneous funds and financial vehicles; NAICS/Industry Codes: 525920 Trusts, Estates, and Agency Accounts; NAICS/Industry Codes: 523991 Trust, Fiduciary, and Custody Activities; NAICS/Industry Codes: 523920 Portfolio Management; NAICS/Industry Codes: 531390 Other Activities Related to Real Estate; NAICS/Industry Codes: 523990 All other financial investment activities; Number of Pages: 17p; Illustrations: 6 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5155420&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Horton Jr., Joseph J. T1 - A Statistical Rating Index for Municipal Bonds. JO - Financial Analysts Journal JF - Financial Analysts Journal Y1 - 1969/03//Mar/Apr69 VL - 25 IS - 2 M3 - Article SP - 72 EP - 75 PB - CFA Institute SN - 0015198X AB - The article discusses a statistical study by Willard T. Carleton and Eugene M. Lerner which aimed to replicate Moody's Investors Service ratings for municipal bonds using readily available and accessible data. The study focused on developing relevant statistical relationships and not on data collection. A sample of 491 bonds was used to estimate equations which would classify bonds into the grading used by Moody's. Estimation was done using discriminant analysis. The equations assigned a quality index numbers to bonds. Five variables are considered in the equations, namely debt, assessed value, population, average tax collection rate and the state in which the district issuing the bond is located. KW - MUNICIPAL bonds KW - BONDS (Finance) -- Ratings & rankings KW - DISCRIMINANT analysis KW - INDEX numbers (Economics) KW - QUANTITATIVE research KW - RATINGS & rankings KW - EQUATIONS KW - MOODY'S Investors Service Inc. KW - CARLETON, Willard T. KW - LERNER, Eugene M. N1 - Accession Number: 6935827; Horton Jr., Joseph J. 1; Affiliations: 1: Financial economist-econometrician at the Federal Deposit Insurance Corporation; Issue Info: Mar/Apr69, Vol. 25 Issue 2, p72; Thesaurus Term: MUNICIPAL bonds; Thesaurus Term: BONDS (Finance) -- Ratings & rankings; Thesaurus Term: DISCRIMINANT analysis; Thesaurus Term: INDEX numbers (Economics); Thesaurus Term: QUANTITATIVE research; Subject Term: RATINGS & rankings; Subject Term: EQUATIONS ; Company/Entity: MOODY'S Investors Service Inc.; People: CARLETON, Willard T.; People: LERNER, Eugene M.; Number of Pages: 4p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6935827&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - ORGLER, YAIR E. T1 - SELECTION OF BANK LOANS FOR EVALUATION: AN ANALYTIC APPROACH. JO - Journal of Finance JF - Journal of Finance Y1 - 1969/03// VL - 24 IS - 1 M3 - Article SP - 75 EP - 80 PB - Wiley-Blackwell SN - 00221082 AB - This paper offers an analytical method for solving the loan selection problem faced by bank loan officers, auditors, and examiners. The suggested method is based on a linear programming model which determines optimal sample sizes for a stratified sampling plan. A test of two simple versions of the model indicates that the model provides a significant improvement over current selection methods. The combination of a linear programming model and a sampling plan can also be used for bank auditing and other financial audits where, for practical purposes, only a stratified sample of all the accounts can be verified. While a large number of sampling plans are available for these purposes, the definition of sample sizes remains a major problem which could be solved by the model. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK loans KW - LOANS KW - LINEAR programming KW - BANKING industry KW - NONLINEAR programming KW - SAMPLING (Statistics) KW - LOAN portfolio management KW - COMMERCIAL credit KW - LOAN workouts KW - LOAN officers KW - LOAN review KW - CREDIT N1 - Accession Number: 4656784; ORGLER, YAIR E. 1; Affiliations: 1: Financial Economist, Federal Deposit Insurance Corporation.; Issue Info: Mar1969, Vol. 24 Issue 1, p75; Thesaurus Term: BANK loans; Thesaurus Term: LOANS; Thesaurus Term: LINEAR programming; Thesaurus Term: BANKING industry; Thesaurus Term: NONLINEAR programming; Thesaurus Term: SAMPLING (Statistics); Thesaurus Term: LOAN portfolio management; Thesaurus Term: COMMERCIAL credit; Thesaurus Term: LOAN workouts; Thesaurus Term: LOAN officers; Thesaurus Term: LOAN review; Thesaurus Term: CREDIT; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522390 Other Activities Related to Credit Intermediation; NAICS/Industry Codes: 522310 Mortgage and Nonmortgage Loan Brokers; NAICS/Industry Codes: 541910 Marketing Research and Public Opinion Polling; Number of Pages: 6p; Illustrations: 2 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4656784&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Murphy, Neil B. T1 - Sources of Productivity Increases in the U.S. Passenger Airline Industry. JO - Transportation Science JF - Transportation Science Y1 - 1969/08// VL - 3 IS - 3 M3 - Article SP - 233 PB - INFORMS: Institute for Operations Research SN - 00411655 AB - The purpose of this paper is to estimate cost functions for the U.S. passenger airline industry in order to determine the sources of recent observed productivity, increases. A cost function is derived from the Cobb-Douglas production function, and the parameters of that reduced form equation are estimated. Special attention is given to effect of technology on costs. In general, it was found that there seem to be no scale economies present in the production of available seat miles, but that the level of technology has a substantial impact on cost and productivity. [ABSTRACT FROM AUTHOR] AB - Copyright of Transportation Science is the property of INFORMS: Institute for Operations Research and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - AIRLINE industry KW - COMMERCIAL aeronautics -- United States KW - INDUSTRIAL productivity KW - COST KW - INDUSTRIAL costs KW - ECONOMIES of scale KW - PRODUCTION functions (Economic theory) KW - TECHNOLOGY KW - COMMERCIAL aeronautics KW - MATHEMATICAL models KW - UNITED States N1 - Accession Number: 4471732; Murphy, Neil B. 1; Affiliation: 1: Federal Deposit Insurance Corporation, Washington, D.C..; Source Info: Aug69, Vol. 3 Issue 3, p233; Subject Term: AIRLINE industry; Subject Term: COMMERCIAL aeronautics -- United States; Subject Term: INDUSTRIAL productivity; Subject Term: COST; Subject Term: INDUSTRIAL costs; Subject Term: ECONOMIES of scale; Subject Term: PRODUCTION functions (Economic theory); Subject Term: TECHNOLOGY; Subject Term: COMMERCIAL aeronautics; Subject Term: MATHEMATICAL models; Subject Term: UNITED States; NAICS/Industry Codes: 481111 Scheduled Passenger Air Transportation; NAICS/Industry Codes: 481110 Scheduled air transportation; NAICS/Industry Codes: 481112 Scheduled Freight Air Transportation; NAICS/Industry Codes: 481211 Nonscheduled Chartered Passenger Air Transportation; NAICS/Industry Codes: 481215 Non-scheduled specialty flying services; Number of Pages: 6p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=4471732&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Klein, Michael A. T1 - Imperfect Asset Elasticity and Portfolio Theory. JO - American Economic Review JF - American Economic Review Y1 - 1970/06// VL - 60 IS - 3 M3 - Article SP - 491 EP - 494 PB - American Economic Association SN - 00028282 AB - This article focuses on the imperfect asset elasticity and portfolio theory. It will be argued here that the implicit assumption that all assets confronting an investor are in perfectly elastic supply to that investor constitutes a major weakness in the approach and is responsible for the limited applicability of the approach to applied research. The framework provided in this article has the implication that one of the most powerful theorems of traditional portfolio theory is no longer valid when asset supplies are not perfectly elastic. Basically, the theorem states that when there are multiple alternatives to cash, these can be treated as one asset which is, in fact, a weighted average of the alternatives and that the weights can be chosen without reference to the bank utility function. The latter serves only to determine the proportion of cash in the portfolio. The approach presented in this article is more productive in terms of theory and in its implications for empirical work than is the traditional one. With respect to the former, it is more satisfying theoretically because it relates the bank decision variable to variables which are truly exogenous to the bank. Traditional theory simply does not yield an estimating equation which accounts for the influence of either of these variables. As a result, the empirical literature on the subject has proceeded divorced from economic theory. KW - ASSETS (Accounting) KW - ELASTICITY (Economics) KW - INVESTMENTS KW - ECONOMICS KW - THEORY N1 - Accession Number: 4510959; Klein, Michael A. 1; Affiliations: 1: Financial economist, Federal Deposit Insurance Corporation; Issue Info: Jun70, Vol. 60 Issue 3, p491; Thesaurus Term: ASSETS (Accounting); Thesaurus Term: ELASTICITY (Economics); Thesaurus Term: INVESTMENTS; Thesaurus Term: ECONOMICS; Subject Term: THEORY; NAICS/Industry Codes: 523930 Investment Advice; NAICS/Industry Codes: 523999 Miscellaneous Financial Investment Activities; Number of Pages: 4p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4510959&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - MCCALL, ALAN S. T1 - Innovations in Bank Management: Selected Readings. JO - Journal of Finance JF - Journal of Finance Y1 - 1970/06// VL - 25 IS - 3 M3 - Book Review SP - 722 EP - 725 PB - Wiley-Blackwell SN - 00221082 AB - The present volume comprises more than fifty articles, unified by their concern with developments in banking during the past decade. Increased competition among financial institutions, changing bank regulations, and a booming economy have evoked tremendous innovations in bank assets and liabilities, operations, and management techniques. The editor intends to present a convenient, comprehensive set of articles which would treat lucidly and analytically provocative current issues and innovative techniques in bank management. Not surprisingly, the book is heavily weighted with nontechnical articles from monthly publications of the Federal Reserve Banks. However, several more-rigorous articles make for some unevenness in readability. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK management KW - NONFICTION KW - JESSUP, Paul F. KW - INNOVATIONS in Bank Management (Book) N1 - Accession Number: 4666093; MCCALL, ALAN S. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Jun70, Vol. 25 Issue 3, p722; Thesaurus Term: BANK management; Subject Term: NONFICTION; Reviews & Products: INNOVATIONS in Bank Management (Book); NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; People: JESSUP, Paul F.; Number of Pages: 4p; Document Type: Book Review UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4666093&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - ABST AU - KLEIN, MICHAEL ARNOLD T1 - DIFFERENTIAL COMMERCIAL-BANK PORTFOLIO ALLOCATION. JO - Journal of Finance JF - Journal of Finance Y1 - 1970/09// VL - 25 IS - 4 M3 - Abstract SP - 944 EP - 945 PB - Wiley-Blackwell SN - 00221082 AB - The article presents an abstract by Michael Arnold Klein for a dissertation entitled "Differential Commercial-Bank Portfolio Allocation." KW - PORTFOLIO management (Investments) N1 - Accession Number: 4657206; KLEIN, MICHAEL ARNOLD 1; Affiliations: 1: Indiana University and Federal Deposit Insurance Corporation.; Issue Info: Sep70, Vol. 25 Issue 4, p944; Thesaurus Term: PORTFOLIO management (Investments); NAICS/Industry Codes: 523920 Portfolio Management; Number of Pages: 2p; Document Type: Abstract UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4657206&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Lauch, Louis H. AU - Murphy, Neil B. T1 - A TEST OF THE IMPACT OF BRANCHING ON DEPOSIT VARIABILITY. JO - Journal of Financial & Quantitative Analysis JF - Journal of Financial & Quantitative Analysis Y1 - 1970/09// VL - 5 IS - 3 M3 - Article SP - 323 EP - 327 PB - Cambridge University Press SN - 00221090 AB - The results of our tests indicate that branching does tend to reduce variability within a metropolitan area. Given the data with which we worked, no conclusive statement can be made concerning the relationship of geographical dispersion to diversification of deposits. In this paper we have measured the impact of branching on deposit variability for one financial institution and for one type of deposit. Thus, our results should be viewed as a first step in studying this question. If data become available, further replication for different areas and different types of deposits, especially demand deposits, should be undertaken. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial & Quantitative Analysis is the property of Cambridge University Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BRANCH banks KW - PUBLIC depositaries KW - BANK deposits KW - BANKING industry KW - STOCHASTIC processes KW - STANDARD deviations KW - EXPECTED returns KW - MATHEMATICAL models KW - CORRELATION (Statistics) KW - BANK mergers KW - BRANCHING processes (Mathematics) KW - METHODOLOGY N1 - Accession Number: 5723454; Lauch, Louis H. 1; Murphy, Neil B. 2; Affiliations: 1: University of Cincinnati.; 2: Federal Deposit Insurance Corporation and University of Mary land.; Issue Info: Sep70, Vol. 5 Issue 3, p323; Thesaurus Term: BRANCH banks; Thesaurus Term: PUBLIC depositaries; Thesaurus Term: BANK deposits; Thesaurus Term: BANKING industry; Thesaurus Term: STOCHASTIC processes; Thesaurus Term: STANDARD deviations; Thesaurus Term: EXPECTED returns; Thesaurus Term: MATHEMATICAL models; Thesaurus Term: CORRELATION (Statistics); Thesaurus Term: BANK mergers; Subject Term: BRANCHING processes (Mathematics); Subject Term: METHODOLOGY; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522112 Corporate and institutional banking industry; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5723454&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - ABST AU - COHAN, SANDRA B. T1 - THE DETERMINANTS OF SUPPLY AND DEMAND FOR CERTIFICATES OF DEPOSIT. JO - Journal of Finance JF - Journal of Finance Y1 - 1971/03// VL - 26 IS - 1 M3 - Abstract SP - 176 EP - 177 PB - Wiley-Blackwell SN - 00221082 AB - The article presents an abstract by Sandra B. Cohan for a dissertation entitled "The Determinants of Supply and Demand for Certificates of Deposit." KW - CERTIFICATES of deposit N1 - Accession Number: 28016341; COHAN, SANDRA B. 1; Affiliations: 1: Federal Deposit Insurance Corporation; Issue Info: Mar1971, Vol. 26 Issue 1, p176; Thesaurus Term: CERTIFICATES of deposit; Number of Pages: 2p; Document Type: Abstract UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=28016341&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Klein, Michael A. AU - Murphy, Neil B. T1 - THE PRICING OF BANK DEPOSITS: A THEORETICAL AND EMPIRICAL ANALYSIS. JO - Journal of Financial & Quantitative Analysis JF - Journal of Financial & Quantitative Analysis Y1 - 1971/03// VL - 6 IS - 2 M3 - Article SP - 747 EP - 761 PB - Cambridge University Press SN - 00221090 AB - The article presents a banking firm model which extends previous research on local bank market structure and impacts on its performance, incorporating market structure, competition, and bank demand deposit pricing policies. Questions are also raised regarding the significance of regulatory restrictions on the model. Empirical support is also provided, highlighting the problem of zero explicit yield restrictions on demand deposits. KW - BANKING industry KW - ECONOMETRIC models KW - FINANCIAL institutions KW - PRICING KW - BANK deposits KW - INTERBANK market KW - PORTFOLIO management (Investments) KW - INDUSTRIAL organization (Economic theory) KW - THEORY of the firm KW - COMPETITION N1 - Accession Number: 5722369; Klein, Michael A.; Murphy, Neil B. 1; Affiliations: 1: Chief Economic Research Unit, Division of Research, Federal Deposit Insurance Corporation; Issue Info: Mar1971, Vol. 6 Issue 2, p747; Thesaurus Term: BANKING industry; Thesaurus Term: ECONOMETRIC models; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: PRICING; Thesaurus Term: BANK deposits; Thesaurus Term: INTERBANK market; Thesaurus Term: PORTFOLIO management (Investments); Thesaurus Term: INDUSTRIAL organization (Economic theory); Thesaurus Term: THEORY of the firm; Subject Term: COMPETITION; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 523920 Portfolio Management; Number of Pages: 15p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5722369&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - ABST AU - EISENBEIS, ROBERT ALLEN T1 - A STUDY OF THE DELINEATION OF GEOGRAPHIC MARKETS FOR BUSINESS LOANS. JO - Journal of Finance JF - Journal of Finance Y1 - 1971/06// VL - 26 IS - 3 M3 - Abstract SP - 792 EP - 793 PB - Wiley-Blackwell SN - 00221082 AB - The article presents an abstract by Robert Allen Eisenbeis for a dissertation entitled "A Study of the Delineation of Geographic Markets for Business Loans." KW - COMMERCIAL loans N1 - Accession Number: 4656445; EISENBEIS, ROBERT ALLEN 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Jun71, Vol. 26 Issue 3, p792; Thesaurus Term: COMMERCIAL loans; Number of Pages: 2p; Document Type: Abstract UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4656445&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Gibson, William E. T1 - Targets and Indicators of Monetary Policy. JO - Journal of Finance JF - Journal of Finance Y1 - 1971/06// VL - 26 IS - 3 M3 - Book Review SP - 808 EP - 810 PB - Wiley-Blackwell SN - 00221082 AB - The article reviews the book "Targets and Indicators of Monetary Policy," edited by Karl Brunner. KW - MONETARY policy KW - NONFICTION KW - BRUNNER, Karl, 1916-1989 KW - TARGETS & Indicators of Monetary Policy (Book) N1 - Accession Number: 4656526; Gibson, William E. 1,2; Affiliations: 1: The Brookings Institution.; 2: Federal Deposit Insurance Corporation.; Issue Info: Jun71, Vol. 26 Issue 3, p808; Thesaurus Term: MONETARY policy; Subject Term: NONFICTION; Reviews & Products: TARGETS & Indicators of Monetary Policy (Book); People: BRUNNER, Karl, 1916-1989; Number of Pages: 3p; Document Type: Book Review UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4656526&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - ABST AU - SINKEY JR., JOSEPH F. T1 - THE TERM STRUCTURE OF INTEREST RATES: THEORY, MODELS OF INTEREST-RATE FORECASTING, AND EMPIRICAL EVIDENCE. JO - Journal of Finance JF - Journal of Finance Y1 - 1971/12// VL - 26 IS - 5 M3 - Abstract SP - 1178 EP - 1179 PB - Wiley-Blackwell SN - 00221082 AB - An abstract of the dissertation entitled "The Term Structure of Interest Rates: Theory, Models of Interest-rate Forecasting, and Empirical Evidence," by Joseph F. Sinkey, Jr., is presented. KW - INTEREST rate futures KW - INTEREST rate risk KW - ACADEMIC dissertations -- Abstracts N1 - Accession Number: 17406051; SINKEY JR., JOSEPH F. 1; Affiliations: 1: Federal Deposit Insurance Corporation; Issue Info: Dec1971, Vol. 26 Issue 5, p1178; Thesaurus Term: INTEREST rate futures; Thesaurus Term: INTEREST rate risk; Subject Term: ACADEMIC dissertations -- Abstracts; Number of Pages: 2p; Document Type: Abstract UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=17406051&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Stone, Bernell K. T1 - Banking Markets and Financial Institutions. JO - Journal of Finance JF - Journal of Finance Y1 - 1971/12// VL - 26 IS - 5 M3 - Book Review SP - 1196 EP - 1197 PB - Wiley-Blackwell SN - 00221082 AB - Reviews the book 'Banking Markets and Financial Institutions,' edited by Thomas G. Gies and Vincent P. Apilado. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - FINANCIAL services industry KW - NONFICTION KW - GIES, Thomas G. KW - APILADO, Vincent P. KW - BANKING Markets & Financial Institutions (Book) N1 - Accession Number: 4661052; Stone, Bernell K. 1; Affiliations: 1: Federal Deposit Insurance Corporation; Issue Info: Dec1971, Vol. 26 Issue 5, p1196; Thesaurus Term: FINANCIAL services industry; Subject Term: NONFICTION; Reviews & Products: BANKING Markets & Financial Institutions (Book); NAICS/Industry Codes: 522291 Consumer Lending; People: GIES, Thomas G.; People: APILADO, Vincent P.; Number of Pages: 2p; Document Type: Book Review UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4661052&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Gibson, William E. T1 - The Rich and Mikesell Papers. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1972/08// VL - 4 IS - 3 M3 - Article SP - 684 EP - 687 PB - Ohio State University Press SN - 00222879 AB - The article comments on the perspective of professors Georg Rich and Raymond F. Mikesell on the operations of the Eurodollar market using different perspectives in Europe. The author explains that the work of Rich and Mikesell makes the point that Eurodollar volume and rates are determined simultaneously with the United States balance of payments, foreward exchange premiums, and other international financial variables. It is the author's belief that Rich and Mikesell do not adequately handle this issue in their paper. The author presents several criticisms of the works. KW - EUROCURRENCY market KW - EUROPE -- Foreign economic relations -- United States KW - UNITED States KW - EUROPE KW - RICH, Georg KW - MIKESELL, Raymond F. N1 - Accession Number: 5155522; Gibson, William E. 1,2; Affiliations: 1: Brookings Institution; 2: Federal Deposit Insurance Corporation; Issue Info: Aug72, Vol. 4 Issue 3, p684; Thesaurus Term: EUROCURRENCY market; Subject Term: EUROPE -- Foreign economic relations -- United States; Subject: UNITED States; Subject: EUROPE; People: RICH, Georg; People: MIKESELL, Raymond F.; Number of Pages: 4p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5155522&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - EISENBEIS, ROBERT A. AU - MCCALL, ALAN S. T1 - SOME EFFECTS OF AFFILIATIONS AMONG MUTUAL SAVINGS AND COMMERCIAL BANKS. JO - Journal of Finance JF - Journal of Finance Y1 - 1972/09// VL - 27 IS - 4 M3 - Article SP - 865 EP - 877 PB - Wiley-Blackwell SN - 00221082 AB - This study examines the effects of affiliation between two types of financial institutions--mutual savings and commercial banks. Attention is limited to determining whether (1) affiliation per se and/or (2) the degree or type of affiliation is related to commercial bank output in either the time and savings deposit or residential real estate loan markets, the principal markets of the savings banks. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - SAVINGS banks KW - AFFILIATED corporations KW - BANK deposits KW - MORTGAGE loans KW - BANKING industry -- United States KW - FINANCIAL institutions KW - LOANS KW - RESIDENTIAL real estate KW - THRIFT institutions KW - BANKING industry KW - NEW Hampshire KW - UNITED States N1 - Accession Number: 4664688; EISENBEIS, ROBERT A. 1; MCCALL, ALAN S. 1; Affiliations: 1: Financial Economists, Federal Deposit Insurance Corporation.; Issue Info: Sep72, Vol. 27 Issue 4, p865; Thesaurus Term: SAVINGS banks; Thesaurus Term: AFFILIATED corporations; Thesaurus Term: BANK deposits; Thesaurus Term: MORTGAGE loans; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: LOANS; Thesaurus Term: RESIDENTIAL real estate; Thesaurus Term: THRIFT institutions; Thesaurus Term: BANKING industry; Subject: NEW Hampshire; Subject: UNITED States; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 522292 Real Estate Credit; NAICS/Industry Codes: 531110 Lessors of Residential Buildings and Dwellings; NAICS/Industry Codes: 531311 Residential Property Managers; Number of Pages: 13p; Illustrations: 6 Charts, 1 Graph; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4664688&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Walker, David A. T1 - A RECURSIVE PROGRAMMING APPROACH TO BANK ASSET MANAGEMENT. JO - Journal of Financial & Quantitative Analysis JF - Journal of Financial & Quantitative Analysis Y1 - 1972/12// VL - 7 IS - 5 M3 - Article SP - 2055 EP - 2075 PB - Cambridge University Press SN - 00221090 AB - In this paper a recursive programming model is constructed and optimized so that a mix of bank assets may be selected. The purpose is to link optimization over time with a commercial bank asset management model. In recursive programming models an optimal decision is to be determined for each period. In any period the decision depends upon the data and parameters for the model and the allocations in the previous period. A recursive programming model may be a linear, quadratic, or nonlinear programming problem; a linear model will be presented here. For any particular period, a bank will be considered to have a fixed level of total assets which are allocated among cash, loans, investments, fixed assets, and other assets. For most banks, total assets are increasing over time since their liabilities, mainly demand and time-and-savings deposits, and their total capital are growing. Most of this growth is accounted for by increases in deposit liabilities. As a reaction to changing interest rates, liquidity needs, and growth, banks usually find it desirable to rearrange asset levels from one period to the next. Therefore, it seems appropriate to analyze bank asset management over time by employing a recursive programming model. The dynamic solutions to the programming model provide normative conclusions for the banking firm. The constraints of the programming problem constitute a model that describes the bank activities completed as managerial choices evolve. After the model is delineated, a linear profit function is imposed as an objective function, and the profit function is maximized subject to the behavioral constraints. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial & Quantitative Analysis is the property of Cambridge University Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK assets KW - BANK management KW - DECISION making KW - ASSET management KW - LINEAR programming KW - ACCOUNTING standards KW - BANKING industry KW - MATHEMATICAL optimization KW - FINANCIAL management KW - PORTFOLIO management (Investments) KW - RECURSIVE programming KW - ECONOMIC aspects KW - OPTIMAL designs (Statistics) N1 - Accession Number: 5722805; Walker, David A. 1; Affiliations: 1: Federal Deposit Insurance Corporation; Issue Info: Dec72, Vol. 7 Issue 5, p2055; Thesaurus Term: BANK assets; Thesaurus Term: BANK management; Thesaurus Term: DECISION making; Thesaurus Term: ASSET management; Thesaurus Term: LINEAR programming; Thesaurus Term: ACCOUNTING standards; Thesaurus Term: BANKING industry; Thesaurus Term: MATHEMATICAL optimization; Thesaurus Term: FINANCIAL management; Thesaurus Term: PORTFOLIO management (Investments); Subject Term: RECURSIVE programming; Subject Term: ECONOMIC aspects; Subject Term: OPTIMAL designs (Statistics); NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 523920 Portfolio Management; NAICS/Industry Codes: 531390 Other Activities Related to Real Estate; Number of Pages: 21p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5722805&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - COHAN, SANDRA B. T1 - The Determinants of Supply and Demand For Certificates of Deposit. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1973/02//Feb73 Part 1 VL - 5 IS - 1 M3 - Article SP - 100 EP - 112 PB - Ohio State University Press SN - 00222879 AB - The purpose of this study is to isolate the supply and demand determinants of commercial bank certificates of deposit (CDs). In section I, models are developed to explain the supply price of both negotiable and non- negotiable CDs, and single-equation regression results are presented. In section II, a model is developed to explain the demand for CDs by corporations and individuals, and single equation regression results are reported. In section III, the model is re- estimated by structural methods to account for simultaneity in CD supply and demand interactions. A simulation study is then undertaken to assess the impact on the endogenous variables of changes in Regulation Q ceiling rates. A summary of the findings are presented in section IV. The time period of these statistical investigations covers the twenty-six quarters from the third quarter 1961 through the fourth quarter 1967. The usual regression criteria are used for evaluation: goodness of fit (R2); the extent to which the signs of the regression coefficients agree with prior expectations; the f-test for the significance of the regression coefficients; and by the Durbin-Watson statistic (DW) which measures the degree to which the regression residuals exhibit serial correlation. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Money, Credit & Banking (Ohio State University Press) is the property of Ohio State University Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - CERTIFICATES of deposit KW - SUPPLY & demand KW - REGRESSION analysis KW - BANK loans KW - FINANCIAL instruments KW - ECONOMIC models N1 - Accession Number: 5155588; COHAN, SANDRA B. 1,2; Affiliations: 1: Financial economist, Federal Deposit Insurance Corporation; 2: Federal Deposit Insurance corporations.; Issue Info: Feb73 Part 1, Vol. 5 Issue 1, p100; Thesaurus Term: CERTIFICATES of deposit; Thesaurus Term: SUPPLY & demand; Thesaurus Term: REGRESSION analysis; Thesaurus Term: BANK loans; Thesaurus Term: FINANCIAL instruments; Thesaurus Term: ECONOMIC models; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 525990 Other Financial Vehicles; Number of Pages: 13p; Illustrations: 3 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5155588&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - SINKEY, JR., JOSEPH F. T1 - The Term Structure of Interest Rates. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1973/02//Feb73 Part 1 VL - 5 IS - 1 M3 - Article SP - 192 EP - 200 PB - Ohio State University Press SN - 00222879 AB - This paper considers two separately conceived models of adaptive forecasting: (1) the Kane expected-change model of interest-rate forecasting and (2) the standard adaptive-expectations model that forecasts interest-rate levels. Kane's [5] econometric estimates show that his structural model performs markedly better on cross-section data than the "expected-level" model. The purpose of this paper is to test the change and level models against the following time- series evidence: (1) Durand's data on corporate bond yields (1900-1954), (2) Kessel's data on U.S. government securities (1954-1962), and (3) Homer's data on U.S. government securities (1950-1970). Within the context of a modified expectations theory, the regression estimates strongly support the expected-change over the expected-level model, as indicated by the extent to which the estimates of the alternative sets of structural parameters conform to prior restrictions imposed by the underlying theories. The plan of this paper is as follows: First, the models of adaptive forecasting to be tested are specified. Second, the highlights of the empirical research are presented and analyzed. And third, the major implications of this research are briefly summarized. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Money, Credit & Banking (Ohio State University Press) is the property of Ohio State University Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - ECONOMIC models KW - BUSINESS forecasting KW - INTEREST rates KW - TIME series analysis KW - MONETARY policy KW - ECONOMIC policy N1 - Accession Number: 5155593; SINKEY, JR., JOSEPH F. 1,2; Affiliations: 1: Financial economist, Economic Research Unit, Federal Deposit Insurance Corporation; 2: Economic Research Unit, Federal Deposit Insurance Corporation.; Issue Info: Feb73 Part 1, Vol. 5 Issue 1, p192; Thesaurus Term: ECONOMIC models; Thesaurus Term: BUSINESS forecasting; Thesaurus Term: INTEREST rates; Thesaurus Term: TIME series analysis; Thesaurus Term: MONETARY policy; Thesaurus Term: ECONOMIC policy; Number of Pages: 9p; Illustrations: 4 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5155593&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Peterson, Manferd O. T1 - Some Evidence on Intra-regional Differences in Yields and Costs of Mortgage Lending. JO - Land Economics JF - Land Economics Y1 - 1973/02// VL - 49 IS - 1 M3 - Article SP - 96 PB - University of Wisconsin Press SN - 00237639 AB - This article reports that the effectiveness of policies designed to remove inefficiencies in mortgage markets depends upon which condition dominates. This study uses data from 933 commercial banks that participated in the Federal Reserve System's Function Cost Analysis for 1968. In this study, regional mortgage markets are approximated by census regions. The existence of significantly higher gross yields in rural areas does not necessarily imply that the intra-regional flow of funds available for mortgage loans is inefficient. The empirical analysis is conducted in three stages. First, for each census region analysis of variance is conducted test for differences in average gloss yield on mortgages among commercial banks in rural, urban, and combined areas. Secondly, for each census region an analysis of variance is conducted to test for differences in yields on mortgages net of direct lending costs. Finally, average costs of mortgage lending are examined for differences in the rural areas, urban areas and combined areas. KW - Mortgage loans KW - Banking industry -- Location KW - Loans KW - Census KW - Real estate investment trusts KW - Mortgage banks N1 - Accession Number: 5359911; Peterson, Manferd O. 1; Affiliations: 1: Financial Economist, Federal Deposit Insurance Corporation.; Issue Info: Feb73, Vol. 49 Issue 1, p96; Subject Term: Mortgage loans; Subject Term: Banking industry -- Location; Subject Term: Loans; Subject Term: Census; Subject Term: Real estate investment trusts; Subject Term: Mortgage banks; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 522292 Real Estate Credit; NAICS/Industry Codes: 522299 All other non-depository credit intermediation; NAICS/Industry Codes: 531190 Lessors of Other Real Estate Property; NAICS/Industry Codes: 525910 Open-End Investment Funds; NAICS/Industry Codes: 526989 All other miscellaneous funds and financial vehicles; NAICS/Industry Codes: 531110 Lessors of Residential Buildings and Dwellings; NAICS/Industry Codes: 531111 Lessors of residential buildings and dwellings (except social housing projects); NAICS/Industry Codes: 531120 Lessors of Nonresidential Buildings (except Miniwarehouses); Number of Pages: 4p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=eih&AN=5359911&site=ehost-live&scope=site DP - EBSCOhost DB - eih ER - TY - JOUR AU - Longbrake, William A. T1 - STATISTICAL COST ANALYSIS. JO - Financial Management (1972) JF - Financial Management (1972) Y1 - 1973///Spring73 VL - 2 IS - 1 M3 - Article SP - 48 EP - 55 PB - Financial Management Association SN - 00463892 AB - The article examines the use of statistical analysis in product costing. Statistical techniques provide information useful in making many types of business decisions. For several reasons, however, statistical analysis is seldom used in analyzing production and other costs. Standard costing procedures, such as time and motion studies and direct costing procedures based on past experience and modified by anticipated changes are sufficient in many decision-making situations. Before statistical analysis can take place, it is necessary to construct a cost function that describes accurately all relevant factors. First, cost categories must be defined. For example, three types of costs are incurred in providing services to demand deposit customers--fixed maintenance costs, variable maintenance costs and transactions costs. Second, measurable variables must be found that explain variations in each general cost category. Third, other factors that may indirectly influence the costs of providing demand deposit services should be identified and variables should be defined that explain their effects. Other factors arise when the cost behavior of several firms is being analyzed. Accountants generally recognize two methods of product costing--job order costing and process costing. In job order costing, each job is an accounting unit to which material, labor and other costs are assigned. KW - COST accounting KW - PRODUCT costing KW - ACTIVITY-based costing KW - COST structure KW - PRODUCTION standards N1 - Accession Number: 5443573; Longbrake, William A. 1; Affiliations: 1: Financial Economist, Federal Deposit Insurance Corporation; Issue Info: Spring73, Vol. 2 Issue 1, p48; Thesaurus Term: COST accounting; Thesaurus Term: PRODUCT costing; Thesaurus Term: ACTIVITY-based costing; Thesaurus Term: COST structure; Thesaurus Term: PRODUCTION standards; Number of Pages: 8p; Illustrations: 4 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5443573&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - DANIEL, DONNIE L. AU - LONGBRAKE, WILLIAM A. AU - MURPHY, NEIL B. T1 - THE EFFECT OF TECHNOLOGY ON BANK ECONOMIES OF SCALE FOR DEMAND DEPOSITS. JO - Journal of Finance JF - Journal of Finance Y1 - 1973/03// VL - 28 IS - 1 M3 - Article SP - 131 EP - 146 PB - Wiley-Blackwell SN - 00221082 AB - The article examines the impact of various technologies on banks' economies of scale, with particular focus on activities surrounding demand deposits at commercial banks. The authors present a cost function defined in terms of quantity of demand deposit accounts, wage rates, elasticities of output with respect to labor and capital, etc., and test it using data from 956 U.S. banks for 1968. Results indicate the presence of economies of scale for banks that use computers, but not for those that don't. Average costs for banks without computers were lower than for those with, but only when the number of demand deposit accounts was fewer than 10,600. KW - BANKING industry KW - ECONOMIES of scale KW - BANK deposits KW - INDUSTRIAL costs KW - PRODUCTION functions (Economic theory) KW - BANKING industry -- Automation KW - FINANCIAL institutions KW - COST KW - EXPERIENCE curve KW - ELASTICITY (Economics) KW - COMPUTERS KW - UNITED States N1 - Accession Number: 4653987; DANIEL, DONNIE L. 1; LONGBRAKE, WILLIAM A. 2; MURPHY, NEIL B. 3; Affiliations: 1: Graduate student, University of Illinois; 2: Financial Economist, Federal Deposit Insurance Corporation; 3: Professor of Finance, University of Maine; Issue Info: Mar1973, Vol. 28 Issue 1, p131; Thesaurus Term: BANKING industry; Thesaurus Term: ECONOMIES of scale; Thesaurus Term: BANK deposits; Thesaurus Term: INDUSTRIAL costs; Thesaurus Term: PRODUCTION functions (Economic theory); Thesaurus Term: BANKING industry -- Automation; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: COST; Thesaurus Term: EXPERIENCE curve; Thesaurus Term: ELASTICITY (Economics); Thesaurus Term: COMPUTERS; Subject: UNITED States; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 334110 Computer and peripheral equipment manufacturing; NAICS/Industry Codes: 443144 Computer and software stores; NAICS/Industry Codes: 443142 Electronics Stores; NAICS/Industry Codes: 423430 Computer and Computer Peripheral Equipment and Software Merchant Wholesalers; NAICS/Industry Codes: 417310 Computer, computer peripheral and pre-packaged software merchant wholesalers; NAICS/Industry Codes: 334111 Electronic Computer Manufacturing; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 16p; Illustrations: 5 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4653987&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - GEN AU - Longbrake, William A. AU - Van Meter, James C. AU - Roenfeldt, Rodney L. AU - West, Robert J. AU - Meyers, Stephen L. AU - Peterson, Manferd O. AU - Osteryoung, Jerome S. AU - Coyne, Thomas T1 - THRUST AND PARRY. JO - Financial Management (1972) JF - Financial Management (1972) Y1 - 1973///Summer73 VL - 2 IS - 2 M3 - Letter SP - 8 EP - 13 PB - Financial Management Association SN - 00463892 AB - Presents letters to the editor referencing articles and topics discussed in previous issues. Removal of interest charges from the cash flow; Use of professor Thomas Coyne's method of profitability by banks in making investment decisions; Methods for cost and profit calculation for commercial banks. KW - FINANCIAL management KW - INTEREST (Finance) KW - CASH flow KW - PROFITABILITY KW - BANKING industry KW - LETTERS to the editor N1 - Accession Number: 5030677; Longbrake, William A. 1; Van Meter, James C. 2; Roenfeldt, Rodney L. 3; West, Robert J. 4; Meyers, Stephen L. 5; Peterson, Manferd O. 1; Osteryoung, Jerome S. 3; Coyne, Thomas 6; Affiliations: 1: Federal Deposit Insurance Corporation; 2: Ashland Oil International; 3: University of South Carolina; 4: University of South Florida; 5: University of Wisconsin-Madison; 6: University of Akron; Issue Info: Summer73, Vol. 2 Issue 2, p8; Thesaurus Term: FINANCIAL management; Thesaurus Term: INTEREST (Finance); Thesaurus Term: CASH flow; Thesaurus Term: PROFITABILITY; Thesaurus Term: BANKING industry; Subject Term: LETTERS to the editor; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 523920 Portfolio Management; Number of Pages: 6p; Document Type: Letter UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5030677&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - SILVERBERG, STANLEY C. T1 - DEPOSIT COSTS AND BANK PORTFOLIO. JO - Journal of Finance JF - Journal of Finance Y1 - 1973/09// VL - 28 IS - 4 M3 - Article SP - 881 EP - 895 PB - Wiley-Blackwell SN - 00221082 AB - During the ten-year period 1961 through 1970, commercial banks actively competed for time and savings deposits which became an increasing share of total bank deposits. Time deposit growth was facilitated by a number of upward adjustments in interest ceilings. Interest paid on time deposits became an increasing share of bank costs, and the interest cost per dollar of total bank deposits grew appreciably. During the same period, banks raised their gross earnings on assets, and during the first half of this period the increase occurred while market interest rates were relatively stable; that is, portfolio adjustments tended to raise the ratio of gross earnings to bank assets. Most observers would agree that there is a close relationship between deposit costs and gross earnings on bank assets. However, there appears to be somewhat less agreement on the precise nature of this relationship during periods when interest ceilings on deposits are imposed or changed. In this paper we will attempt to develop a general framework for linking changes in bank deposit costs to portfolio policies and risk-taking (Sections II, III, and IV). In Section V aggregate bank experience in the 1960s will be related to this framework, and in Section VI we will look at individual bank data. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry KW - BANK deposits KW - RISK management in business KW - BANK management KW - BANK assets KW - INTEREST rates KW - LOANS KW - INTEREST (Finance) KW - PORTFOLIO management (Investments) KW - MATHEMATICAL models KW - ASSETS (Accounting) KW - COMPETITION N1 - Accession Number: 4653867; SILVERBERG, STANLEY C. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Sep73, Vol. 28 Issue 4, p881; Thesaurus Term: BANKING industry; Thesaurus Term: BANK deposits; Thesaurus Term: RISK management in business; Thesaurus Term: BANK management; Thesaurus Term: BANK assets; Thesaurus Term: INTEREST rates; Thesaurus Term: LOANS; Thesaurus Term: INTEREST (Finance); Thesaurus Term: PORTFOLIO management (Investments); Thesaurus Term: MATHEMATICAL models; Thesaurus Term: ASSETS (Accounting); Subject Term: COMPETITION; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 523920 Portfolio Management; Number of Pages: 15p; Illustrations: 1 Diagram, 4 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4653867&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - McCall, Alan S. AU - Walker, David A. T1 - THE EFFECTS OF CONTROL STATUS ON COMMERCIAL BANK PROFITABILITY. JO - Journal of Financial & Quantitative Analysis JF - Journal of Financial & Quantitative Analysis Y1 - 1973/09// VL - 8 IS - 4 M3 - Article SP - 637 EP - 645 PB - Cambridge University Press SN - 00221090 AB - In this study, an attempt is made to determine whether the profitability of a commercial bank is related to the bank's ownership-control status. Affiliated and unaffiliated commercial banks in tl status. The commercial banks controlled by mutual savings banks are as profitable as banks controlled by management or "independent" owners. However, the control status does effect significant differences in the balance sheet and income statement accounts. While many of these distinctions may result from differences in the banks' deposit structures, these differences themselves are consequences of affiliation. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial & Quantitative Analysis is the property of Cambridge University Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK management KW - BANK profits KW - BANKING industry KW - FINANCIAL performance KW - SAVINGS banks KW - PROFIT KW - RATE of return KW - DECISION making KW - MANAGEMENT KW - PROFITABILITY KW - BUSINESS forecasting KW - FINANCE N1 - Accession Number: 5723314; McCall, Alan S. 1; Walker, David A. 1; Affiliations: 1: Financial Economists, Economic Research Unit, Federal Deposit Insurance Corporation; Issue Info: Sep73, Vol. 8 Issue 4, p637; Thesaurus Term: BANK management; Thesaurus Term: BANK profits; Thesaurus Term: BANKING industry; Thesaurus Term: FINANCIAL performance; Thesaurus Term: SAVINGS banks; Thesaurus Term: PROFIT; Thesaurus Term: RATE of return; Thesaurus Term: DECISION making; Thesaurus Term: MANAGEMENT; Thesaurus Term: PROFITABILITY; Thesaurus Term: BUSINESS forecasting; Thesaurus Term: FINANCE; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; Number of Pages: 9p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5723314&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Eisenbeis, Robert A. AU - Avery, Robert B. T1 - TWO ASPECTS OF INVESTIGATING GROUP DIFFERENCES IN LINEAR DISCRIMINANT ANALYSIS. JO - Decision Sciences JF - Decision Sciences Y1 - 1973/10// VL - 4 IS - 4 M3 - Article SP - 487 EP - 493 SN - 00117315 AB - If the research goal in applying classical discriminant analysis techniques is to test for differences in the general characteristics of groups, then standard tests from multivariate analysis of variance are appropriate. Statistically significant differences among group means and dispersions indicate that the groups arose from separate populations. If, however, the goal is to explore group structure in terms of group overlap and the locations of individual observations relative to each other and to the group means, then it can be shown that the significance tests provide incomplete and often misleading representations of the data. Similarly, in problems involving just more that just two groups, the null hypothesis can be rejected, when in fact only one of the several groups arose from a different population. KW - DISCRIMINANT analysis KW - MULTIVARIATE analysis KW - CORRELATION (Statistics) KW - ANALYSIS of variance KW - MATHEMATICAL statistics KW - STATISTICAL hypothesis testing N1 - Accession Number: 5002349; Eisenbeis, Robert A. 1; Avery, Robert B. 2; Affiliations: 1: Federal Deposit Insurance Corporation; 2: Avery, University of Wisconsin; Issue Info: Oct73, Vol. 4 Issue 4, p487; Thesaurus Term: DISCRIMINANT analysis; Thesaurus Term: MULTIVARIATE analysis; Thesaurus Term: CORRELATION (Statistics); Thesaurus Term: ANALYSIS of variance; Thesaurus Term: MATHEMATICAL statistics; Thesaurus Term: STATISTICAL hypothesis testing; Number of Pages: 7p; Illustrations: 4 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5002349&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - GILBERT, GARY G. T1 - PREDICTING DE NOVO EXPANSION IN BANK MERGER CASES. JO - Journal of Finance JF - Journal of Finance Y1 - 1974/03// VL - 29 IS - 1 M3 - Article SP - 151 EP - 162 PB - Wiley-Blackwell SN - 00221082 AB - The doctrine of potential competition, while gaining increased prominence in bank merger analysis, remains an empirically vacuous standard for federal regulatory action on bank merger applications. A major issue related to the question of potential competition concerns the probability that a merger applicant would become a competitor in the market of the proposed acquired bank through de novo branch entry if the merger were denied. Of equal interest to federal regulators is the probability that the resulting bank would establish a de novo office in the market of the acquired bank subsequent to merger approval. This consideration focuses upon the effects on future competition deriving from expansion of the resulting bank within its newly-entered market. While objective criteria are utilized in assessing actual competition in bank merger cases, the determination of potential and future competition remains primarily subjective. The purpose of this paper is to establish objective operational guidelines for predicting de novo expansion in bank merger cases. In the process, the relative impact of various factors upon bank expansion decision-making is empirically estimated. Section II contains a multivariate discriminant model which distinguishes between decisions of merger applicants to, or not to, open de novo branch offices in the markets of the banks either acquired or denied acquisition through federal regulatory action on their merger applications. The sample selection procedure is described and a cash flow analysis of market expansion behavior of commercial banks is outlined. In Section III, the methodology is discussed and test results of the discriminant model are presented and evaluated. Finally, Section IV contains the prospects and implications of the study. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK mergers KW - BRANCH banks KW - CONSOLIDATION & merger of corporations KW - BANKING industry KW - DISCRIMINANT analysis KW - FINANCIAL services industry -- Mergers KW - DECISION making KW - CORPORATIONS -- Finance KW - INDUSTRIAL organization (Economic theory) KW - MULTIVARIATE analysis KW - BUSINESS enterprises KW - COMPETITION N1 - Accession Number: 4659676; GILBERT, GARY G. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Mar1974, Vol. 29 Issue 1, p151; Thesaurus Term: BANK mergers; Thesaurus Term: BRANCH banks; Thesaurus Term: CONSOLIDATION & merger of corporations; Thesaurus Term: BANKING industry; Thesaurus Term: DISCRIMINANT analysis; Thesaurus Term: FINANCIAL services industry -- Mergers; Thesaurus Term: DECISION making; Thesaurus Term: CORPORATIONS -- Finance; Thesaurus Term: INDUSTRIAL organization (Economic theory); Thesaurus Term: MULTIVARIATE analysis; Thesaurus Term: BUSINESS enterprises; Subject Term: COMPETITION; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522112 Corporate and institutional banking industry; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 12p; Illustrations: 4 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4659676&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - HORVITZ, PAUL M. T1 - THE HUNT COMMISSION REPORT: A FURTHER COMMENT. JO - Journal of Finance JF - Journal of Finance Y1 - 1974/03// VL - 29 IS - 1 M3 - Article SP - 267 EP - 269 PB - Wiley-Blackwell SN - 00221082 AB - In a recent paper in this Journal Roland Robinson provided a perceptive, well-balanced review of some major aspects of the Report of the Hunt Commission (HC). Professor Robinson indicated that his review would "focus on those subjects the HC seemed to give highest priority: ... lesser topics must, unfortunately, be neglected" Other reviewers of the HC Report have followed the same procedure. This has meant almost complete neglect for those aspects of the report that deal with life insurance companies, trust departments and pension funds. This neglect is unfortunate because the analysis in these latter sections of the Report is extremely weak and recommendations are presented almost totally without support. It seems inappropriate for such treatment in so important a document to escape without critical comment by the economics profession. The purpose of this note is to provide some critical comments concerning aspects of the Report which have been neglected by both professional and popular reviews of the HC Report. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - INSURANCE companies KW - LIFE insurance KW - INSURANCE KW - TAXATION KW - FINANCIAL management KW - PENSION trusts KW - GUARANTY funds KW - LONG-term business financing KW - SOCIAL security KW - LIFE insurance policies KW - UNITED States KW - ROBINSON, Roland N1 - Accession Number: 4660316; HORVITZ, PAUL M. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Mar1974, Vol. 29 Issue 1, p267; Thesaurus Term: INSURANCE companies; Thesaurus Term: LIFE insurance; Thesaurus Term: INSURANCE; Thesaurus Term: TAXATION; Thesaurus Term: FINANCIAL management; Thesaurus Term: PENSION trusts; Thesaurus Term: GUARANTY funds; Thesaurus Term: LONG-term business financing; Thesaurus Term: SOCIAL security; Subject Term: LIFE insurance policies; Subject: UNITED States; NAICS/Industry Codes: 525190 Other Insurance Funds; NAICS/Industry Codes: 524298 All Other Insurance Related Activities; NAICS/Industry Codes: 524292 Third Party Administration of Insurance and Pension Funds; NAICS/Industry Codes: 524114 Direct Health and Medical Insurance Carriers; NAICS/Industry Codes: 524210 Insurance Agencies and Brokerages; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; NAICS/Industry Codes: 524112 Direct group life, health and medical insurance carriers; NAICS/Industry Codes: 524113 Direct Life Insurance Carriers; NAICS/Industry Codes: 524111 Direct individual life, health and medical insurance carriers; NAICS/Industry Codes: 526111 Trusteed pension funds; NAICS/Industry Codes: 525110 Pension Funds; NAICS/Industry Codes: 526112 Non-trusteed pension funds; NAICS/Industry Codes: 921130 Public Finance Activities; NAICS/Industry Codes: 523920 Portfolio Management; People: ROBINSON, Roland; Number of Pages: 3p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4660316&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Koot, Ronald S. AU - Walker, David A. T1 - Rules versus Discretion: An Analysis of Income Stability and the Money Supply. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1974/05// VL - 6 IS - 2 M3 - Article SP - 253 EP - 261 PB - Ohio State University Press SN - 00222879 AB - The article offers the authors' comments on rules versus discretion. Particular attention is given to analyzing income stability and the money supply. Provided is a summary of the discretionary model and the stability attributes of the model are researched in the third section. In the fourth section of this article, the characteristics of the model for monetary rules and regulations are investigated and comparative analysis is presented on the discretionary model. In section five conclusions are provided. KW - INCOME KW - MONEY supply KW - MONETARY policy KW - RULES KW - DISCRETION KW - STABILITY (Mechanics) N1 - Accession Number: 5155694; Koot, Ronald S. 1; Walker, David A. 2; Affiliations: 1: Professor of Management Science, Pennsylvania State University.; 2: Financial Economist, Federal Deposit Insurance Corporation.; Issue Info: May74, Vol. 6 Issue 2, p253; Thesaurus Term: INCOME; Thesaurus Term: MONEY supply; Thesaurus Term: MONETARY policy; Subject Term: RULES; Subject Term: DISCRETION; Subject Term: STABILITY (Mechanics); Number of Pages: 9p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5155694&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Longbrake, William A. T1 - Computers and the Cost of Producing Various Types of Banking Services. JO - Journal of Business JF - Journal of Business Y1 - 1974/07// VL - 47 IS - 3 M3 - Article SP - 363 EP - 381 PB - University of Chicago Press SN - 00219398 AB - It is generally claimed that adoption of computers leads to decreased operating expenses because fewer employees can coordinate the same volume of operations at a smaller total wage and salary expense. These savings in wage and salary expenses more than offset increases in supply costs, building space rental costs, transport costs, and other costs, which occur with automation. In a study of 40 banks, it was found that adoption of a computer for demand deposit accounting operations reduced personnel requirements by 10-67 percent. Feasibility studies for most of these 40 banks showed net savings, which increased over time. The purpose of this article is to determine whether, or to what extent, the claim that automation reduces operating costs for various types of banking activities is justified. The activities subjected to analysis include demand deposits, time deposits, installment loans, real estate loans, and business loans. Computer usage does not generally enable banks to lower installment loan operating costs unless a bank operates a large number of offices. Computers do not generally result in lower real estate loan operating costs. It is concluded that while a computer tends to reduce demand deposit operating costs when a bank has more than $15 million in demand deposits, a computer may be a luxury item for other types of operations in all except the very largest banks. KW - BANKING industry -- Automation KW - CUSTOMER services KW - COMPUTERS KW - OPERATING costs KW - BANK loans KW - BANK deposits KW - OPERATING revenue KW - ECONOMIC aspects N1 - Accession Number: 4588172; Longbrake, William A. 1; Affiliations: 1: Financial economist, Division of Research, Federal Deposit Insurance Corporation.; Issue Info: Jul74, Vol. 47 Issue 3, p363; Thesaurus Term: BANKING industry -- Automation; Thesaurus Term: CUSTOMER services; Thesaurus Term: COMPUTERS; Thesaurus Term: OPERATING costs; Thesaurus Term: BANK loans; Thesaurus Term: BANK deposits; Thesaurus Term: OPERATING revenue; Subject Term: ECONOMIC aspects; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 417310 Computer, computer peripheral and pre-packaged software merchant wholesalers; NAICS/Industry Codes: 334111 Electronic Computer Manufacturing; NAICS/Industry Codes: 443144 Computer and software stores; NAICS/Industry Codes: 443142 Electronics Stores; NAICS/Industry Codes: 334110 Computer and peripheral equipment manufacturing; NAICS/Industry Codes: 423430 Computer and Computer Peripheral Equipment and Software Merchant Wholesalers; Number of Pages: 19p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ent&AN=4588172&site=ehost-live&scope=site DP - EBSCOhost DB - ent ER - TY - JOUR AU - BOORMAN, JOHN T. AU - KWAST, MYRON L. T1 - THE START-UP EXPERIENCE OF MINORITY-OWNED COMMERCIAL BANKS: A COMPARATIVE ANALYSIS. JO - Journal of Finance JF - Journal of Finance Y1 - 1974/09// VL - 29 IS - 4 M3 - Article SP - 1123 EP - 1141 PB - Wiley-Blackwell SN - 00221082 AB - The article compares the experience of the eight minority-owned commercial banks founded between 1963 and 1965 and their performance with that of a sample of similar nonminority banks. Differences in the portfolio management and operating procedures of the older and newer minority banks render aggregate data of minority banks inaccurate. The authors note the impossibility of finding a sample of new nonminority banks located in market areas with employment, income and racial characteristics identical to those of the market areas in which the new minority banks are located. KW - MINORITY-owned banks KW - MINORITY business enterprises KW - BANKING research KW - PORTFOLIO management (Investments) KW - ASSET management KW - MARKET area KW - FINANCIAL institutions KW - PORTFOLIO performance KW - METROPOLITAN areas KW - STANDARD metropolitan statistical areas N1 - Accession Number: 4657689; BOORMAN, JOHN T. 1; KWAST, MYRON L. 2; Affiliations: 1: Assistant Professor, Department of Economics, University of Maryland (on leave) and Financial Economist, Federal Deposit Insurance Corporation.; 2: University of Wisconsin, Madison.; Issue Info: Sep74, Vol. 29 Issue 4, p1123; Thesaurus Term: MINORITY-owned banks; Thesaurus Term: MINORITY business enterprises; Thesaurus Term: BANKING research; Thesaurus Term: PORTFOLIO management (Investments); Thesaurus Term: ASSET management; Thesaurus Term: MARKET area; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: PORTFOLIO performance; Thesaurus Term: METROPOLITAN areas; Subject Term: STANDARD metropolitan statistical areas; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 523920 Portfolio Management; NAICS/Industry Codes: 531390 Other Activities Related to Real Estate; Number of Pages: 19p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4657689&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - ABST AU - Orgler, Yair E. T1 - ABSTRACT -- CAPITAL ADEQUACY AND NET RECOVERIES FROM FAILED BANKS. JO - Journal of Financial & Quantitative Analysis JF - Journal of Financial & Quantitative Analysis Y1 - 1974/11// VL - 9 IS - 5 M3 - Abstract SP - 729 EP - 729 PB - Cambridge University Press SN - 00221090 AB - Capital adequacy is an important and controversial issue in banking. Bank regulators consider the evaluation of capital adequacy one of their major responsibilities and place special attention on the role of capital in preventing bank failures. Many empirical studies on capital adequacy concentrate on the evaluation of failed banks and on predicting such failures with various capital measures. The generally inconclusive results of these studies are not surprising. Failures are caused by illiquidity, bad assets, and, primarily, mismanagement—factors that are not often reflected in capital measures. But even if adequate capital cannot always prevent bank failures, it can reduce losses to creditors once a bank does fail. For this reason, the role of capital in failed banks is an important area of concern for regulatory agencies and large depositors. The main purpose of this study is to analyze the performance of capital adequacy measures in estimating net recoveries (losses) from failed banks. A second objective is to improve the prediction of net recoveries by adding other variables to the capital measures within the context of a multivariate model. Both the univariate and the multiple versions of the model are estimated with least squares regressions. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial & Quantitative Analysis is the property of Cambridge University Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK failures N1 - Accession Number: 5721484; Orgler, Yair E. 1,2; Affiliations: 1: Visiting Financial Economist, Research Division, Federal Deposit Insurance Corporation; 2: Tel-Aviv University; Issue Info: Nov74, Vol. 9 Issue 5, p729; Thesaurus Term: BANK failures; Number of Pages: 1p; Document Type: Abstract UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5721484&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Longbrake, William A. T1 - FINANCIAL MANAGEMENT OF BANKS AND BANK HOLDING COMPANIES. JO - Financial Management (1972) JF - Financial Management (1972) Y1 - 1974///Winter74 VL - 3 IS - 4 M3 - Article SP - 10 EP - 24 PB - Financial Management Association SN - 00463892 AB - This article examines the financial management of banks and bank holding companies. During 1974, public attention focused on banking when Franklin National Bank, once the twentieth largest bank in the U.S., collapsed. The more pessimistic prognosticators pointed to Franklin's failure as proof that the banking revolution had seriously weakened the ability of the nation's financial system to withstand severe shocks. There is a growing sense of the importance of fundamental financial management principles and an appreciation of the fact that success and survival depend on understanding how to apply these principles. Such increasing practice of fundamentals should not be equated with conservatism or retrenchment. To the contrary, well-managed banks can be more aggressive and progressive because they are prepared to handle the risks of this mode of operation. KW - BANKING industry KW - BANK holding companies KW - FINANCIAL management KW - FINANCIAL planning KW - BANK management KW - CORPORATIONS -- Finance KW - UNITED States N1 - Accession Number: 5212325; Longbrake, William A. 1; Affiliations: 1: Senior Planning Specialist in the Office of Corporate Planning, Federal Deposit Insurance Corporation; Issue Info: Winter74, Vol. 3 Issue 4, p10; Thesaurus Term: BANKING industry; Thesaurus Term: BANK holding companies; Thesaurus Term: FINANCIAL management; Thesaurus Term: FINANCIAL planning; Thesaurus Term: BANK management; Thesaurus Term: CORPORATIONS -- Finance; Subject: UNITED States; NAICS/Industry Codes: 551113 Holding companies; NAICS/Industry Codes: 551111 Offices of Bank Holding Companies; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 523920 Portfolio Management; NAICS/Industry Codes: 523930 Investment Advice; Number of Pages: 15p; Illustrations: 1 Chart; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5212325&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Gilbert, Gary G. T1 - An Analysis of Federal Regulatory Decisions on Market Extension Bank Mergers. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1975/02// VL - 7 IS - 1 M3 - Article SP - 81 EP - 92 PB - Ohio State University Press SN - 00222879 AB - This article analyzes the federal regulatory decisions made affecting market extension bank mergers in the U.S., and how those decisions have changed since the passage of the Bank Merger Act of 1966. After the passing of this legislation, the U.S. Department of Justice has contested numerous mergers in order to cut down on the increase of competition in the banking industry. The government's concern is that in market extension bank merger cases, the applicant can become a competitor in the market of the acquired bank, increasing the amount of competition. KW - BANK mergers KW - BANKING industry KW - CONSOLIDATION & merger of corporations KW - GOVERNMENT policy KW - ACTIONS & defenses (Law) KW - COMPETITION N1 - Accession Number: 5155758; Gilbert, Gary G. 1; Affiliations: 1: Financial Economist, Economic Research Unit, Federal Deposit Insurance Corporation, Washington, D.C.; Issue Info: Feb75, Vol. 7 Issue 1, p81; Thesaurus Term: BANK mergers; Thesaurus Term: BANKING industry; Thesaurus Term: CONSOLIDATION & merger of corporations; Thesaurus Term: GOVERNMENT policy; Thesaurus Term: ACTIONS & defenses (Law); Subject Term: COMPETITION; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; Number of Pages: 12p; Illustrations: 4 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5155758&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Eisenbeis, Robert A. T1 - Differences in Federal Regulatory Agencies' Bank Merger Policies. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1975/02// VL - 7 IS - 1 M3 - Article SP - 93 EP - 104 PB - Ohio State University Press SN - 00222879 AB - This article focuses on the federal regulation of bank mergers in the U.S. after the 1960 Bank Merger Act and the 1966 Amendments were passed in an attempt to establish uniform standards among the related agencies, in order to assess the competitive impacts of proposed bank mergers. Most of the proposed mergers from the 1960 to 1972 period were approved by the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve. The author discusses how an attempt has been made to establish a common base to make agency opinions and terminology more consistent. KW - BANK mergers KW - BANKING industry KW - FEDERAL legislation KW - FEDERAL government KW - DELEGATED legislation KW - CONSOLIDATION & merger of corporations N1 - Accession Number: 5155759; Eisenbeis, Robert A. 1; Affiliations: 1: Chief, Economic Research Unit, Federal Deposit Insurance Corporation.; Issue Info: Feb75, Vol. 7 Issue 1, p93; Thesaurus Term: BANK mergers; Thesaurus Term: BANKING industry; Thesaurus Term: FEDERAL legislation; Thesaurus Term: FEDERAL government; Thesaurus Term: DELEGATED legislation; Thesaurus Term: CONSOLIDATION & merger of corporations; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522110 Commercial Banking; Number of Pages: 12p; Illustrations: 5 Charts, 4 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5155759&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - GILBERT, GARY G. AU - PETERSON, MANFERD O. T1 - THE IMPACT OF CHANGES IN FEDERAL RESERVE MEMBERSHIP ON COMMERCIAL BANK PERFORMANCE. JO - Journal of Finance JF - Journal of Finance Y1 - 1975/06// VL - 30 IS - 3 M3 - Article SP - 713 EP - 719 PB - Wiley-Blackwell SN - 00221082 AB - This study provides a controlled statistical analysis of changes in Federal Reserve membership status on commercial bank performance. The comparative performance impact of both entry into and exit from the U.S. Federal Reserve System is evaluated. The findings are assessed from the standpoint of public, banking and regulatory interests. The methodology of the study consists of a before-and-after analysis of the impact of Federal Reserve membership status on commercial bank performance. To hold constant, the influence of such other factors and to isolate the impact of a change in membership, each bank changing membership status is paired with a control bank of similar size, located in the same city or town as the sample bank. KW - BANKING industry -- United States KW - CUSTOMER services KW - FINANCIAL performance KW - BANK profits KW - QUALITY of service KW - BANK assets KW - ASSOCIATIONS, institutions, etc. -- Membership KW - FINANCIAL ratios KW - UNITED States KW - BOARD of Governors of the Federal Reserve System (U.S.) N1 - Accession Number: 4654669; GILBERT, GARY G. 1; PETERSON, MANFERD O. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Jun75, Vol. 30 Issue 3, p713; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: CUSTOMER services; Thesaurus Term: FINANCIAL performance; Thesaurus Term: BANK profits; Thesaurus Term: QUALITY of service; Thesaurus Term: BANK assets; Thesaurus Term: ASSOCIATIONS, institutions, etc. -- Membership; Thesaurus Term: FINANCIAL ratios; Subject: UNITED States ; Company/Entity: BOARD of Governors of the Federal Reserve System (U.S.); NAICS/Industry Codes: 921130 Public Finance Activities; Number of Pages: 7p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4654669&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Longbrake, William A. AU - Haslem, John A. T1 - Productive Efficiency in Commercial Banking. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1975/08// VL - 7 IS - 3 M3 - Article SP - 317 EP - 330 PB - Ohio State University Press SN - 00222879 AB - The article examines the effects of bank size and legal form of organization on the cost of producing demand deposit services, in an attempt to maximize production efficiency in a competitive market situation. As the banking industry expands with increased branch banking, several large institutions may have advantages, adversely affecting the competitive market structure. The author of this study examines the effect of bank size and organizational structure on demand deposit services costs as a methodology for measuring the cost-output relationship in the banking industry is developed. KW - BANKING industry KW - ECONOMIES of scale KW - INDUSTRIAL costs KW - INDUSTRIAL organization (Economic theory) KW - MICROECONOMICS KW - PRODUCTION functions (Economic theory) N1 - Accession Number: 5163858; Longbrake, William A. 1; Haslem, John A. 2; Affiliations: 1: Senior Planning Specialist, Office of Corporate Planning, Federal Deposit Insurance Corporation.; 2: Associate Professor of Finance, College of Business and Management, University of Maryland.; Issue Info: Aug75, Vol. 7 Issue 3, p317; Thesaurus Term: BANKING industry; Thesaurus Term: ECONOMIES of scale; Thesaurus Term: INDUSTRIAL costs; Thesaurus Term: INDUSTRIAL organization (Economic theory); Thesaurus Term: MICROECONOMICS; Thesaurus Term: PRODUCTION functions (Economic theory); NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; Number of Pages: 14p; Illustrations: 2 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5163858&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Aggarwal, Raj AU - Baker, James C. T1 - Using Foreign Subsidiary Accounting Data: A Dilemma for the Multinational Corporation. JO - Columbia Journal of World Business JF - Columbia Journal of World Business Y1 - 1975///Fall75 VL - 10 IS - 3 M3 - Article SP - 83 PB - Elsevier Science Publishing Company, Inc. SN - 00225428 AB - ACCOUNTING PROCEDURES currently available for translating foreign subsidiary financial statements of multinational corporations (MNCs) give different and sometimes conflicting results. These procedures do not deal adequately with changes in the economic value of foreign operations that are associated with changes in exchange rates. Management cannot resolve this problem nor develop meaningful accounting procedures for managers until there is a wider recognition of the diverse approaches to asset and liability valuation.
First, this article examines the translation procedures currently available and, then, explains the underlying forces limiting the usefulness of these procedures for the benefit of financial managers who must know the basic limitations and problems of using translated international accounting data in a changing economic environment. The last section includes some recommendations to financial management to help deal with these limitations in financial planning and policy formulation in an MNC. [ABSTRACT FROM AUTHOR] AB - Copyright of Columbia Journal of World Business is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - ACCOUNTING KW - FOREIGN subsidiaries KW - ACCOUNTING methods KW - INTERNATIONAL business enterprises -- Finance KW - SUBSIDIARY corporations KW - FOREIGN exchange rates KW - FINANCIAL planning KW - MONETARY policy KW - INTERNATIONAL business enterprises N1 - Accession Number: 5542125; Aggarwal, Raj 1; Baker, James C. 2,3; Affiliations: 1: Assistant Professor, Seton Hall University.; 2: Consultant in International Finance, Federal Deposit Insurance Corporation.; 3: Professor of Finance, Kent State University.; Issue Info: Fall75, Vol. 10 Issue 3, p83; Thesaurus Term: ACCOUNTING; Thesaurus Term: FOREIGN subsidiaries; Thesaurus Term: ACCOUNTING methods; Thesaurus Term: INTERNATIONAL business enterprises -- Finance; Thesaurus Term: SUBSIDIARY corporations; Thesaurus Term: FOREIGN exchange rates; Thesaurus Term: FINANCIAL planning; Thesaurus Term: MONETARY policy; Thesaurus Term: INTERNATIONAL business enterprises; NAICS/Industry Codes: 541219 Other Accounting Services; NAICS/Industry Codes: 551114 Corporate, Subsidiary, and Regional Managing Offices; NAICS/Industry Codes: 523930 Investment Advice; Number of Pages: 10p; Illustrations: 2 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5542125&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Gupta, Manak C. AU - Walker, David A. T1 - DIVIDEND DISBURSAL PRACTICES IN COMMERCIAL BANKING. JO - Journal of Financial & Quantitative Analysis JF - Journal of Financial & Quantitative Analysis Y1 - 1975/09// VL - 10 IS - 3 M3 - Article SP - 515 EP - 529 PB - Cambridge University Press SN - 00221090 AB - This paper presents dividend disbursal equations for the banking industry. Lintner, Higgins, Baumol, and Brittain conducted industrial studies on the manufacturing sector, Miller and Modigliani for the oil industry, and other researchers for the utilities industry. The banking industry differs from the other industries on account of how highly regulated they are. The purpose of this paper is to develop an explanatory model of dividend disbursal practices in the banking industry. Also provided is an alternative explanatory function to describe the dividends that banking firms distribute from profits after taxes. KW - DIVIDENDS KW - BANKING industry KW - FINANCE KW - FINANCIAL services industry KW - CORPORATIONS -- Finance KW - CAPITAL market KW - BANKING research KW - DISBURSEMENTS KW - FINANCIAL institutions KW - BANK deposits KW - LIQUIDITY (Economics) KW - BANK assets KW - ORGANIZATIONAL structure N1 - Accession Number: 5722342; Gupta, Manak C. 1; Walker, David A. 2; Affiliations: 1: Temple University; 2: Federal Deposit Insurance Corporation; Issue Info: Sep75, Vol. 10 Issue 3, p515; Thesaurus Term: DIVIDENDS; Thesaurus Term: BANKING industry; Thesaurus Term: FINANCE; Thesaurus Term: FINANCIAL services industry; Thesaurus Term: CORPORATIONS -- Finance; Thesaurus Term: CAPITAL market; Thesaurus Term: BANKING research; Thesaurus Term: DISBURSEMENTS; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: BANK deposits; Thesaurus Term: LIQUIDITY (Economics); Thesaurus Term: BANK assets; Thesaurus Term: ORGANIZATIONAL structure; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities; NAICS/Industry Codes: 522321 Central credit unions; Number of Pages: 15p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5722342&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kane, Edward J. T1 - New Congressional Restraints and Federal Reserve Independence. JO - Challenge (05775132) JF - Challenge (05775132) Y1 - 1975/11//Nov/Dec75 VL - 18 IS - 5 M3 - Article SP - 37 PB - Taylor & Francis Ltd SN - 05775132 AB - Compared to Patman's grand scheme or Weintraub's quest for a congressionally imposed money supply rule, the increased congressional oversight adopted in 1975 constitutes a mild reform indeed. Its primary effect is to erect a framework for quarterly public hearings that allows concerned congressmen to moth- tor Fed policy decisions very loosely and to indicate their agreement or disagreement with the basic thrust of these decisions. Its secondary effects are to establish a weak discipline on the Fed both to keep a closer eye on the movement of monetary and credit aggregates than it has in the past, and to formulate its plans within the context of a one-year horizon, as well as to raise the possibility that the threat of congressional probing might be used to inhibit expressions of dissent within the FOMC. Congress's specific policy guidance (vague as it was) referred only to the first half of 1975, leaving the hearings mechanism as the principal channel for transmitting future short-run congressional instructions. Far from establishing a shared responsibility, these hearings promise to provide little more than a convenient forum for legislative posturing. Fear of political abuse may lead Fed officials to adopt policies slightly more congenial to banking committee members than they might otherwise have done, but the major effect is simply to force the Fed to announce some loose numerical targets and, if it subsequently misses them badly, to discuss why. Although having to report this information dissipates the strict administrative secrecy that formerly surrounded Fed open market decisions and leaves Fed officials more vulnerable to outside criticism, this event accords fully with preexisting trends toward greater disclosure enshrined in the Freedom of Information Act of 1966. Especially in view of the framework established for reporting Fed intentions, the result is a significant change in Fed procedures, but by no means a structural change in the relation of the Fed to Congress. No firm contract has been struck as to how to measure future Federal Reserve policy performance. That such a contract, though sought explicitly, could not be won even from the unusually assertive 94th Congress suggests that the Fed's vaunted independence is a good deal less fragile than many of us have assumed. [ABSTRACT FROM AUTHOR] AB - Copyright of Challenge (05775132) is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - MONEY supply KW - CONTRACTS KW - ECONOMIC policy KW - MONETARY policy KW - CREDIT KW - UNITED States N1 - Accession Number: 6149681; Kane, Edward J. 1,2; Affiliations: 1: Everett D. Reese Professor of Banking and Monetary Economics, Ohio Slate University.; 2: Senior Financial Economist, Federal Deposit Insurance Corporation.; Issue Info: Nov/Dec75, Vol. 18 Issue 5, p37; Thesaurus Term: MONEY supply; Thesaurus Term: CONTRACTS; Thesaurus Term: ECONOMIC policy; Thesaurus Term: MONETARY policy; Thesaurus Term: CREDIT; Subject: UNITED States; NAICS/Industry Codes: 522390 Other Activities Related to Credit Intermediation; Number of Pages: 8p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6149681&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Horvitz, Paul M. T1 - FAILURES OF LARGE BANKS: IMPLICATIONS FOR BANKING SUPERVISION AND DEPOSIT INSURANCE. JO - Journal of Financial & Quantitative Analysis JF - Journal of Financial & Quantitative Analysis Y1 - 1975/11// VL - 10 IS - 4 M3 - Article SP - 589 EP - 601 PB - Cambridge University Press SN - 00221090 AB - The article focuses on the trend of large banks failing, primarily in greater numbers since 1965, 30 years after the establishment of the Federal Deposit Insurance Corporation (FDIC). The widespread failure of large banks is a result of trends in the U.S. banking system since the early 1960s. Many banks began to strive for a rapid increase in assets, deposits, and income. The situation grew stronger during the tenure of James Saxson as Comptroller of the Currency. This paper attempts to examine the problem of large bank failure and to determine whether this problem needs to modify bank supervision and deposit insurance methods. Examined are the policies and procedures regarding small bank failure. The last section discusses possible solutions to this crisis. KW - BANK failures KW - BUSINESS failures KW - BANK management KW - BANKING research KW - BANKING industry -- United States KW - INDUSTRYWIDE conditions KW - FINANCIAL crises KW - TRENDS KW - DEPOSIT insurance KW - BANK deposits KW - BIG business KW - FINANCE KW - UNITED States KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 5721660; Horvitz, Paul M. 1; Affiliations: 1: Director of Research, Federal Deposit Insurance Corporation; Issue Info: Nov75, Vol. 10 Issue 4, p589; Thesaurus Term: BANK failures; Thesaurus Term: BUSINESS failures; Thesaurus Term: BANK management; Thesaurus Term: BANKING research; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: INDUSTRYWIDE conditions; Thesaurus Term: FINANCIAL crises; Thesaurus Term: TRENDS; Thesaurus Term: DEPOSIT insurance; Thesaurus Term: BANK deposits; Thesaurus Term: BIG business; Thesaurus Term: FINANCE; Subject: UNITED States ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; Number of Pages: 13p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5721660&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Prescott Beighley, H. AU - McCall, Alan S. T1 - Market Power and Structure and Commercial Bank Installment Lending. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1975/11// VL - 7 IS - 4 M3 - Article SP - 449 EP - 467 PB - Ohio State University Press SN - 00222879 AB - The article evaluates the relationship between commercial bank performance and market structure and its importance to public policy-makers and bank regulatory authorities. The relationship between commercial bank performance and market structure is of continuing importance to public policy-makers and bank regulatory authorities who study proposed structural changes as the link in neoclassical theory between market structure and competition, performance and public welfare. The author concludes that competitive market structure explains certain variations in the market power of individual banks in local loan markets. KW - BANKING industry KW - INDUSTRIAL organization (Economic theory) KW - MONOPOLIES KW - REGRESSION analysis KW - PUBLIC welfare KW - SOCIAL services N1 - Accession Number: 5155777; Prescott Beighley, H. 1; McCall, Alan S. 2; Affiliations: 1: Assistant Professor and Banking Research Center Associate, Northwestern University.; 2: Financial Economist, Economic Research Unit, Federal Deposit Insurance Corporation.; Issue Info: Nov75, Vol. 7 Issue 4, p449; Thesaurus Term: BANKING industry; Thesaurus Term: INDUSTRIAL organization (Economic theory); Thesaurus Term: MONOPOLIES; Thesaurus Term: REGRESSION analysis; Thesaurus Term: PUBLIC welfare; Thesaurus Term: SOCIAL services; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 525120 Health and Welfare Funds; NAICS/Industry Codes: 923130 Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs); NAICS/Industry Codes: 624230 Emergency and Other Relief Services; NAICS/Industry Codes: 624190 Other Individual and Family Services; Number of Pages: 19p; Illustrations: 5 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5155777&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Konstas, Panos AU - Khouja, Mohamad W. T1 - The Keynesian Money Demand-- Another Look At the Evidence. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1975/11// VL - 7 IS - 4 M3 - Article SP - 521 EP - 526 PB - Ohio State University Press SN - 00222879 AB - The article comments on a report about the formulation of the demand for money function by M. L. Kliman and E. H. Oksanen, "The Keynesian Demand-for-Money Function, A Comment," which attempts to identify the properties of a demand for money relationship associated with Keynesian economics, including the "liquidity trap" hypothesis. Kliman and Oksanen replied to criticism and analysis of their models. The authors in this study analyze Kliman and Oksanen's evidence again, commenting on the use of long- and short-term interest rates to get their conclusions. KW - DEMAND for money KW - KEYNESIAN economics KW - MONEY supply KW - LIQUIDITY (Economics) KW - INTEREST rates KW - ITERATIVE methods (Mathematics) N1 - Accession Number: 5155784; Konstas, Panos 1; Khouja, Mohamad W. 2; Affiliations: 1: Assistant Director, Division of Research, Federal Deposit Insurance Corporation.; 2: Advisor, Kuwait Fund for Arab Economic Development.; Issue Info: Nov75, Vol. 7 Issue 4, p521; Thesaurus Term: DEMAND for money; Thesaurus Term: KEYNESIAN economics; Thesaurus Term: MONEY supply; Thesaurus Term: LIQUIDITY (Economics); Thesaurus Term: INTEREST rates; Subject Term: ITERATIVE methods (Mathematics); NAICS/Industry Codes: 522321 Central credit unions; NAICS/Industry Codes: 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities; Number of Pages: 6p; Illustrations: 3 Charts, 2 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5155784&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Longbrake, William A. AU - Douglas Merrill, H. T1 - Demand for Commercial Bank Production Workers and Administrators. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1976/08// VL - 8 IS - 3 M3 - Article SP - 275 EP - 295 PB - Ohio State University Press SN - 00222879 AB - The article discusses commercial bank demand deposit production administrators and employees and the labor demand functions for them. A model is used to look at labor demand in the face of the unique challenges of the banking industry and statistical tests are employed to assess the demand functions. The production homogeneity is often measured using one of two methods, which is to use a weighted index or to consider that one product's output is not linked to the production of any other goods that the firm may manufacture. The article concludes that the size of the area in which the bank is located helps to dictate the number of employees needed. KW - BANK employees KW - RESEARCH KW - LABOR demand KW - PRODUCTION functions (Economic theory) KW - LABOR market KW - ELASTICITY (Economics) KW - ECONOMICS -- Mathematical models N1 - Accession Number: 5191677; Longbrake, William A. 1; Douglas Merrill, H. 2; Affiliations: 1: Associate Director, Department of Research and Analysis, Office of Comptroller of Currency.; 2: Senior Research Assistant, Division of Research, Federal Deposit Insurance Corporation.; Issue Info: Aug76, Vol. 8 Issue 3, p275; Thesaurus Term: BANK employees; Thesaurus Term: RESEARCH; Thesaurus Term: LABOR demand; Thesaurus Term: PRODUCTION functions (Economic theory); Thesaurus Term: LABOR market; Thesaurus Term: ELASTICITY (Economics); Thesaurus Term: ECONOMICS -- Mathematical models; Number of Pages: 21p; Illustrations: 5 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5191677&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Baker, James C. T1 - Company Policies and Executives' Wives Abroad. JO - Industrial Relations JF - Industrial Relations Y1 - 1976/10// VL - 15 IS - 3 M3 - Article SP - 343 EP - 348 PB - Wiley-Blackwell SN - 00198676 AB - The article presents the results of a survey of how 109 U.S. multinational companies treat the wives of executives whom they select for overseas assignments. An estimated 40,000 American executives are in management positions overseas, and while elaborate studies have been conducted concerning their selection and predeparture orientation, none has focused on the expatriate's wife and her experience abroad. This is a serious oversight evidenced by a survey which found that the inability of the wife to adapt was among six major causes of job failure of overseas managers. KW - EXECUTIVES KW - INTERNATIONAL business enterprises KW - NONCITIZENS KW - PERSONNEL management KW - EMPLOYMENT in foreign countries KW - EXECUTIVES' spouses KW - DOMESTIC relations KW - WIVES KW - SOCIAL aspects KW - SOCIAL integration N1 - Accession Number: 4552514; Baker, James C. 1; Affiliations: 1: Kent State University and 1975-1976 AACSB-Sears Foundation Federal Faculty of Fellow, Federal Deposit Insurance Corporation; Issue Info: Oct76, Vol. 15 Issue 3, p343; Thesaurus Term: EXECUTIVES; Thesaurus Term: INTERNATIONAL business enterprises; Thesaurus Term: NONCITIZENS; Thesaurus Term: PERSONNEL management; Thesaurus Term: EMPLOYMENT in foreign countries; Subject Term: EXECUTIVES' spouses; Subject Term: DOMESTIC relations; Subject Term: WIVES; Subject Term: SOCIAL aspects; Subject Term: SOCIAL integration; NAICS/Industry Codes: 923130 Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs); NAICS/Industry Codes: 541612 Human Resources Consulting Services; Number of Pages: 6p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4552514&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Baker, James C. T1 - International Financial Management. JO - Journal of Finance JF - Journal of Finance Y1 - 1977/09// VL - 32 IS - 4 M3 - Book Review SP - 1384 EP - 1386 PB - Wiley-Blackwell SN - 00221082 AB - Two authors not well-known in this area of arcane business dealings have produced the latest and, primarily for that reason, the best current textbook in this field: International Financial Management, a text with cases in the Harvard Business School tradition. The book consists of 15 chapters including an introduction to the multinational corporation from whose managers' viewpoints the book is presented. The remainder of the book appears to be organized into three broad areas. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - INTERNATIONAL finance KW - NONFICTION KW - RODRIGUEZ, Rita M. KW - CARTER, E. Eugene KW - INTERNATIONAL Financial Management (Book) N1 - Accession Number: 4658402; Baker, James C. 1; Affiliations: 1: Federal Deposit Insurance Corporation and Kent State University.; Issue Info: Sep77, Vol. 32 Issue 4, p1384; Thesaurus Term: INTERNATIONAL finance; Subject Term: NONFICTION; Reviews & Products: INTERNATIONAL Financial Management (Book); People: RODRIGUEZ, Rita M.; People: CARTER, E. Eugene; Number of Pages: 3p; Document Type: Book Review UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4658402&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - MCCALL, ALAN S. AU - PETERSON, MANFERD O. T1 - THE IMPACT OF DE NOVO COMMERCIAL BANK ENTRY. JO - Journal of Finance JF - Journal of Finance Y1 - 1977/12// VL - 32 IS - 5 M3 - Article SP - 1587 EP - 1604 PB - Wiley-Blackwell SN - 00221082 AB - In sum, the evidence suggests several conclusions. One, de novo unit-bank entry into rural, nonmetropolitan, monopoly or oligopoly markets in restrictive branching states has a significant broad impact on the profitability and deposit interest-rate policies of existing banks. This impact is both immediate and continuing over the five post-entry years. The increase in deposit interest rates is salutary from the standpoint of consumers of financial services. Moreover, the decline in profitability does not appear to have had a negative impact on the viability of existing banks. Two, de novo branch-bank entry into such markets in less restrictive branching states has a negligible impact. Three, the differential impact of branch-versus unit-bank entry on performance may be the result of varying degrees of restrictiveness of state branch-banking provisions. This may be the case because less restrictive branching provisions were already promoting a more desirable level of bank performance. One implication for public policy from these conclusions is that consideration be given to reducing the barriers to branch-bank entry at least for nonmetropolitan markets. Secondly, the results suggest that, in evaluating de novo charter and branch applications, bank regulatory authorities continue to consider the performance of existing banks in the markets relative to that of comparable banks in non-entry markets. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry -- Government policy KW - REGULATED industries KW - MARKET entry KW - BARRIERS to entry (Industrial organization) KW - MARKET segmentation KW - CHARTERS KW - INTEREST rates KW - MARKETING strategy KW - FINANCIAL institutions KW - BUSINESS forecasting N1 - Accession Number: 4657762; MCCALL, ALAN S. 1; PETERSON, MANFERD O. 2; Affiliations: 1: Economist Analysis Section, Federal Deposit Insurance Corporation.; 2: University of Nebraska.; Issue Info: Dec1977, Vol. 32 Issue 5, p1587; Thesaurus Term: BANKING industry -- Government policy; Thesaurus Term: REGULATED industries; Thesaurus Term: MARKET entry; Thesaurus Term: BARRIERS to entry (Industrial organization); Thesaurus Term: MARKET segmentation; Thesaurus Term: CHARTERS; Thesaurus Term: INTEREST rates; Thesaurus Term: MARKETING strategy; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: BUSINESS forecasting; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 18p; Illustrations: 6 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4657762&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Eisenbeis, Robert A. AU - McCall, Alan S. T1 - THE IMPACT OF LEGISLATION PROHIBITING DIRECTOR-INTERLOCKS AMONG DEPOSITORY FINANCIAL INSTITUTIONS. JO - Journal of Banking & Finance JF - Journal of Banking & Finance Y1 - 1978/09// VL - 2 IS - 4 M3 - Article SP - 323 EP - 337 SN - 03784266 AB - Legislative and regulatory actions have been proposed in the 1970s in attempts to promote competition, legislative and regulatory actions at the federal and state levels. The prohibition of directorate interlocks among financial institutions were considered. The Superintendent of Banking for Pennsylvania sent a letter to all banks under his jurisdiction regarding the termination of interlocking relationships. In addition, the Federal Trade Commission has taken action to force the dissolution of directorate interlocks among a savings and loan association and two commercial banks. New Hampshire then provided an opportunity to study the impact of the imposition of an director interlocks. KW - FINANCIAL institutions -- Law & legislation KW - INTERLOCKING directorates KW - LOANS KW - COMPETITION KW - UNITED States N1 - Accession Number: 11493099; Eisenbeis, Robert A. 1; McCall, Alan S. 2; Affiliations: 1: Board of Governors of the Federal Reserve System, Washington, DC USA; 2: Federal Deposit Insurance Corporation, Washington, DC USA; Issue Info: 1978, Vol. 2 Issue 4, p323; Thesaurus Term: FINANCIAL institutions -- Law & legislation; Thesaurus Term: INTERLOCKING directorates; Thesaurus Term: LOANS; Subject Term: COMPETITION; Subject: UNITED States; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 15p; Illustrations: 8 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=11493099&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - McCall, Alan S. AU - Peterson, Manfred O. T1 - A CRITICAL LEVEL OF COMMERCIAL BANK CONCENTRATION. JO - Journal of Banking & Finance JF - Journal of Banking & Finance Y1 - 1980/12// VL - 4 IS - 4 M3 - Article SP - 353 EP - 369 SN - 03784266 AB - This paper reports on a study of a critical level of concentration in banking markets using switching regressions as the proper estimating technique. The technique employs a search procedure that yields maximum likelihood estimates of the critical concentration level and of the coefficients of the concentration performance relationship. A threshold level of concentration appears to exist, above which the impacts of changes in concentration are the greatest. These results suggest that scarce bank regulatory resources be directed toward relatively more concentrated markets where the regulatory effort would seem to have the greatest impact. The results conflict with the findings of the few previous studies of this relationship in banking, presumably because they employed inappropriate estimating techniques. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Banking & Finance is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry KW - FINANCIAL services industry KW - FINANCIAL institutions KW - MARKET share KW - BANK mergers N1 - Accession Number: 11490250; McCall, Alan S. 1; Peterson, Manfred O. 2; Affiliations: 1: Federal Deposit Insurance Corporation, Washington, DC USA; 2: University of Nebraska, Lincoln, NE USA; Issue Info: 1980, Vol. 4 Issue 4, p353; Thesaurus Term: BANKING industry; Thesaurus Term: FINANCIAL services industry; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: MARKET share; Thesaurus Term: BANK mergers; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 17p; Illustrations: 4 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=11490250&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Carns, Frederick AU - Lombra, Raymond T1 - RATIONAL EXPECTATIONS AND SHORT-RUN NEUTRALITY: A REEXAMINATION OF THE ROLE OF ANTICIPATED MONEY GROWTH. JO - Review of Economics & Statistics JF - Review of Economics & Statistics Y1 - 1983/11// VL - 65 IS - 4 M3 - Article SP - 639 PB - MIT Press SN - 00346535 AB - The basic proposition regarding monetary policy emanating from what has come to be called the rational expectations, equilibrium business cycle hypothesis, is that only unanticipated movements in monetary policy will have real, albeit temporary, effects on output and employment, anticipated movements in monetary policy will only have price effects. The major empirical work supporting these priori theoretical predictions has been developed in a series of papers by researchers Robert Barro and Mark Rush (B-R). Particular emphasis is placed on the problems associated with the partitioning of monetary growth into anticipated and unanticipated components. Empirical results question use of alternative, and more defensible measures of unanticipated money growth which substantially weakens the support for the hypothesis tested by B-R. The results suggest that although expectations are rational, variations in the money supply, whether anticipated or not, affect output and unemployment in the short run. Results suggest one should not accept the joint hypothesis of rationality and short-run neutrality. KW - MONETARY policy KW - MONEY KW - FINANCE KW - RATIONAL expectations (Economic theory) KW - TIME & economic reactions KW - EQUILIBRIUM (Economics) KW - BUSINESS cycles KW - MONETARY theory KW - EMPLOYMENT (Economic theory) N1 - Accession Number: 4645938; Carns, Frederick 1; Lombra, Raymond 2; Affiliations: 1: The Federal Deposit Insurance Corporation; 2: Pennsylvania State University; Issue Info: Nov83, Vol. 65 Issue 4, p639; Thesaurus Term: MONETARY policy; Thesaurus Term: MONEY; Thesaurus Term: FINANCE; Thesaurus Term: RATIONAL expectations (Economic theory); Thesaurus Term: TIME & economic reactions; Thesaurus Term: EQUILIBRIUM (Economics); Thesaurus Term: BUSINESS cycles; Thesaurus Term: MONETARY theory; Thesaurus Term: EMPLOYMENT (Economic theory); Number of Pages: 5p; Illustrations: 2 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=4645938&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Hirschhorn, Eric T1 - RATIONAL EXPECTATIONS AND THE EFFECTS OF GOVERNMENT DEBT. JO - Journal of Monetary Economics JF - Journal of Monetary Economics Y1 - 1984/07// VL - 14 IS - 1 M3 - Article SP - 55 EP - 70 SN - 03043932 AB - This paper incorporates the effects of government debt into a standard rational expectations macroeconomic model. Due to limited current information, even when the most extreme propositions about fiscal neutrality are true, there are output and interest rate effects of unanticipated changes in government debt. Therefore the observation of a positive correlation between government deficits and output or interest rates does not imply that government bonds are net wealth. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Monetary Economics is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - RATIONAL expectations (Economic theory) KW - PUBLIC debts KW - MACROECONOMICS KW - ECONOMIC models KW - INTEREST rates KW - WEALTH KW - GOVERNMENT securities KW - CORRELATION (Statistics) KW - ECONOMETRIC models N1 - Accession Number: 5097511; Hirschhorn, Eric 1; Affiliations: 1: Federal Deposit Insurance Corporation, Washington, DC 20429, USA; Issue Info: Jul84, Vol. 14 Issue 1, p55; Thesaurus Term: RATIONAL expectations (Economic theory); Thesaurus Term: PUBLIC debts; Thesaurus Term: MACROECONOMICS; Thesaurus Term: ECONOMIC models; Thesaurus Term: INTEREST rates; Thesaurus Term: WEALTH; Thesaurus Term: GOVERNMENT securities; Thesaurus Term: CORRELATION (Statistics); Thesaurus Term: ECONOMETRIC models; NAICS/Industry Codes: 921130 Public Finance Activities; Number of Pages: 16p; Illustrations: 1 Chart; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5097511&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - William M. Isaac AU - William M. Isaac, chairman of the Federal Deposit Insurance Corporation from 1981 to 1985, is managing director of the Secure Group, financial services consultants. T1 - JO - New York Times JF - New York Times J1 - New York Times PY - 1987/07/31/ Y1 - 1987/07/31/ M3 - Article SP - 31 SN - 03624331 N1 - Accession Number: 30865148; Source Information: 7/31/1987, p31; Number of Pages: 0p; ; Document Type: Article; ; Full Text Word Count: 918; UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=n5h&AN=30865148&site=ehost-live&scope=site DP - EBSCOhost DB - n5h ER - TY - JOUR AU - Seidman, L. William T1 - Safe and Sound Banking Behind the Wall. JO - Challenge (05775132) JF - Challenge (05775132) Y1 - 1987/11//Nov/Dec87 VL - 30 IS - 5 M3 - Article SP - 18 PB - Taylor & Francis Ltd SN - 05775132 AB - This article presents information on an interview of L. William Seidman, chairman of the Federal Deposit Insurance Corporation (FDIC). Answering to the questions on the restructuring of financial systems, Seidman opines that banking industry is facing serious problems. Theses problems calls for rapid actions which will ensure a improved financial system in place. The FDIC proposal to restructure the banking system is deliberately designed to strengthen it. The second quarter earnings results clearly reflected the worst quarter in the history of the industry since the FDIC began operating in 1934. That loss resulted largely from the additional reserves amounting to some $21.2 billion that major banks set aside against their bad loans in the second quarter. Everyone expected these results especially when major banks such as Citicorp Inc., Chase Manhattan Bank, and BankAmerica Corp. all announced huge additions to reserves to cover Third World loans on their books. They had little choice after Brazil refused to service its $23.6 billion of debt. KW - BANKING industry KW - BANK reserves KW - CAPITAL investments KW - DEBT KW - CITICORP (Company) KW - CHASE Manhattan Bank (Company) KW - BANKAMERICA Corp. KW - SEIDMAN, L. William, 1921-2009 KW - SEIDMAN, L. William, 1921-2009 -- Interviews N1 - Accession Number: 6148590; Seidman, L. William 1; Affiliations: 1: Chairman of the Federal Deposit Insurance Corporation.; Issue Info: Nov/Dec87, Vol. 30 Issue 5, p18; Thesaurus Term: BANKING industry; Thesaurus Term: BANK reserves; Thesaurus Term: CAPITAL investments; Thesaurus Term: DEBT ; Company/Entity: CITICORP (Company) ; Company/Entity: CHASE Manhattan Bank (Company) DUNS Number: 006981831 ; Company/Entity: BANKAMERICA Corp. Ticker: BAC; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; People: SEIDMAN, L. William, 1921-2009; People: SEIDMAN, L. William, 1921-2009 -- Interviews; Number of Pages: 10p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6148590&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Seidman, L. William T1 - How to Solve the S&L Mess. JO - Challenge (05775132) JF - Challenge (05775132) Y1 - 1989/01//Jan/Feb89 VL - 32 IS - 1 M3 - Article SP - 56 PB - Taylor & Francis Ltd SN - 05775132 AB - The article discusses the method to solve the S and L mess. It is time to face the facts. The federal deposit insurance system as a whole has developed a significant weakness-costs far exceed income. The thrift industry's problems alone now demand funding on a massive scale. Over its 55 years, the federal deposit insurance system has done a good job of protecting depositors and preventing bank runs, even during periods of great stress. People have had a safe place to put their life savings. It has also helped small banks to compete with larger banks, fostering a decentralized banking system. These are important benefits of the deposit insurance system. The deposit insurance system can be compared to a nuclear power plant. It can provide benefits. But as these costs show, safety precautions are needed to keep it from going out of control. A deposit insurance system out of control has the potential to "meltdown" and damage the entire U.S. economy. For most of this year the FDIC has been studying ways to improve the deposit insurance system. KW - DEPOSIT insurance KW - INSURANCE KW - BANKING industry KW - SAVING & investment KW - DEPOSIT banking KW - FINANCE KW - FINANCIAL institutions N1 - Accession Number: 6154977; Seidman, L. William 1; Affiliations: 1: Chairman, Federal Deposit Insurance Corporation.; Issue Info: Jan/Feb89, Vol. 32 Issue 1, p56; Thesaurus Term: DEPOSIT insurance; Thesaurus Term: INSURANCE; Thesaurus Term: BANKING industry; Thesaurus Term: SAVING & investment; Thesaurus Term: DEPOSIT banking; Thesaurus Term: FINANCE; Thesaurus Term: FINANCIAL institutions; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 524292 Third Party Administration of Insurance and Pension Funds; NAICS/Industry Codes: 524298 All Other Insurance Related Activities; NAICS/Industry Codes: 525190 Other Insurance Funds; Number of Pages: 3p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=6154977&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Fissel, Gary S. AU - Jappelli, Tullio T1 - Do Liquidity Constraints Vary over Time? Evidence From Survey and Panel Data. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 1990/05// VL - 22 IS - 2 M3 - Article SP - 253 EP - 262 PB - Ohio State University Press SN - 00222879 AB - The article discusses the framework of life-cycle-permanent income hypothesis (LC-PIH) associated with liquidity constraints in the study of consumer behavior in the U.S. It is explained that one of the most debated topics in the study of consumer behavior is the validity of the LC-PIH. The article reports that empirical tests of the LC-PIH have shown that the model is not able to account for the behavior of all households. In the article the Survey of Consumer Finances and the Michigan Panl Study of Income Dynamics are used to derive estimates of the proportion of consumers who are liquidity constrained between the years 1969 and 1982. KW - CONSUMER behavior KW - LIQUIDITY (Economics) KW - PERMANENT income theory KW - CONSUMERS KW - HOUSEHOLDS KW - UNITED States N1 - Accession Number: 5156451; Fissel, Gary S. 1; Jappelli, Tullio 2; Affiliations: 1: Division of Research and Statistics, Federal Deposit Insurance Corporation, Washington; 2: Associate Professor, Institute for Economic Studies, I. U. N., Naples, Italy; Issue Info: May90, Vol. 22 Issue 2, p253; Thesaurus Term: CONSUMER behavior; Thesaurus Term: LIQUIDITY (Economics); Thesaurus Term: PERMANENT income theory; Thesaurus Term: CONSUMERS; Subject Term: HOUSEHOLDS; Subject: UNITED States; NAICS/Industry Codes: 814110 Private Households; NAICS/Industry Codes: 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities; NAICS/Industry Codes: 522321 Central credit unions; Number of Pages: 10p; Illustrations: 1 Chart; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=5156451&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - GEN AU - Galloro, Nicholas AU - Smith, David Raphael AU - Whitney, Alan J. T1 - Letters. JO - Nation JF - Nation Y1 - 1991/03/11/ VL - 252 IS - 9 M3 - Letter SP - 290 EP - 320 PB - Nation Company, L. P. SN - 00278378 AB - Presents letters to the editor referencing articles and topics discussed in previous issues. "S&Ls, Big Banks and Other Triumphs of Capitalism," by Robert Sherrill; Comments of a reader on an article related to financial institutions; Feedback of a reader on an article related to banking industry. KW - LETTERS to the editor KW - BANKING industry KW - FINANCIAL institutions KW - FINANCE KW - LETTERS KW - NATION, The (Periodical) N1 - Accession Number: 13907096; Galloro, Nicholas Smith, David Raphael Whitney, Alan J. 1; Affiliation: 1: Federal Deposit Insurance Corporation.; Source Info: 3/11/1991, Vol. 252 Issue 9, p290; Subject Term: LETTERS to the editor; Subject Term: BANKING industry; Subject Term: FINANCIAL institutions; Subject Term: FINANCE; Subject Term: LETTERS; Reviews & Products: NATION, The (Periodical); NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 2p; Document Type: Letter UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=13907096&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Seidman, L. William AU - Baptista, Samuel J. AU - Baldwin, Carliss Y. AU - Theobald, Thomas C. AU - Litan, Robert E. AU - Wallison, Peter J. AU - Horvitz, Paul M. AU - Shaw, Karen D. AU - Whipple, Kenneth AU - Seiffert, Ekkehard AU - Roberts, Steven M. AU - Harmon, James A. AU - Herrick, Tracy G. AU - Guenther, Kenneth A. AU - Coords, Robert H. AU - Danforth, John P. T1 - What is the Future of Banking? JO - Harvard Business Review JF - Harvard Business Review Y1 - 1991/07//Jul/Aug1991 VL - 69 IS - 4 M3 - Article SP - 144 EP - 161 PB - Harvard Business School Publication Corp. SN - 00178012 AB - This article presents the views of several authors and readers concerning the outlook for the banking system in the United States. The Lowell L. Bryan article on bank reform, "A Blueprint for Financial Reconstruction (May-June 1991) is both praised and criticized. Bryan's proposal for a two-part banking sector can protect small depositors from loss, but they will still be affected by monopoly actions. A common view is that banking organizations were not able to adapt efficiently to financial innovation and improvements in information technology. Topics include restrictions on product lines, location, and ownership, the two types of government insurance in the banking system, efforts to maintain market share, the effect of lower underwriting standards and higher deposit rates, and the idea that bank profitability can be improved if they are allowed to diversify. KW - BANKING industry -- United States KW - DIVERSIFICATION in industry KW - BANK management KW - BARRIERS to entry (Industrial organization) KW - MARKET share KW - INDUSTRIAL concentration KW - GOVERNMENT insurance KW - BANK marketing KW - COMPETITION KW - UNITED States N1 - Accession Number: 9108261182; Seidman, L. William 1; Baptista, Samuel J. 2; Baldwin, Carliss Y. 3; Theobald, Thomas C. 4; Litan, Robert E. 5; Wallison, Peter J. 6; Horvitz, Paul M. 7; Shaw, Karen D. 8; Whipple, Kenneth 9; Seiffert, Ekkehard 10; Roberts, Steven M. 11,12; Harmon, James A. 13; Herrick, Tracy G. 14; Guenther, Kenneth A. 15; Coords, Robert H. 16; Danforth, John P. 17; Affiliations: 1: Chairman, Federal Deposit Insurance Corporation, Washington, D.C.; 2: President, Financial Services Council, Washington, D.C.; 3: William L. White Professor of Business Administration, Harvard Business School, Boston, Massachusetts; 4: Chairman, Continental Bank Corporation, Chicago, Illinois; 5: Senior Fellow, Brookings Institution, Washington, D.C.; 6: Partner, Gibson, Dunn & Crutcher, Washington, D.C.; 7: Judge James A. Elkins Professor of Banking and Finance, College of Business Administration, University of Houston, Houston, Texas; 8: President, Institute for Strategy Development, Washington, D.C.; 9: President, Ford Financial Services Group, Ford Motor Company, Dearborn, Michigan; 10: Deutsche Bank AG, Frankfurt, Germany; 11: Principal, KPMG Peat Marwick; 12: National Director, Financial Institutions Regulation, Washington, D.C.; 13: Chairman and CEO, Wertheim Schroder & Company, Inc., New York, New York; 14: Director, Jefferies & Company, Inc., Palo Alto, California; 15: Executive Vice President, Independent Bankers Association of America, Washington, D.C.; 16: Chairman and CEO, Sun Bank/Miami N.A., Miami, Florida; 17: Managing Director, Secura Group, Washington, D.C.; Issue Info: Jul/Aug1991, Vol. 69 Issue 4, p144; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: DIVERSIFICATION in industry; Thesaurus Term: BANK management; Thesaurus Term: BARRIERS to entry (Industrial organization); Thesaurus Term: MARKET share; Thesaurus Term: INDUSTRIAL concentration; Thesaurus Term: GOVERNMENT insurance; Thesaurus Term: BANK marketing; Subject Term: COMPETITION; Subject: UNITED States; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; Number of Pages: 15p; Document Type: Article; Full Text Word Count: 12022 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=9108261182&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - CHAP AU - Epstein, Seth AD - Federal Deposit Insurance Corporation A2 - Isaac, R. Mark T1 - Testing Principal-Agent Theory T2 - Research in experimental economics. Volume 5. PB - Greenwich, Conn. and London: PB - JAI Press Y1 - 1992/// SP - 35 EP - 60 N1 - Accession Number: 0378984; Reviewed Book ISBN: 1-55938-366-6; Keywords: Principal Agent; Publication Type: Collective Volume Article; Update Code: 199604 KW - Design of Experiments: Laboratory, Individual C91 KW - Asymmetric and Private Information; Mechanism Design D82 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0378984&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - McKenzie, Joseph A. AU - Cole, Rebel A. AU - Brown, Richard A. AD - Federal Housing Finance Board, DC AD - Federal Reserve System AD - Federal Deposit Insurance Corporation, DC T1 - Moral Hazard, Portfolio Allocation, and Asset Returns for Thrift Institutions JO - Journal of Financial Services Research JF - Journal of Financial Services Research Y1 - 1992/04// VL - 5 IS - 4 SP - 315 EP - 339 SN - 09208550 N1 - Accession Number: 0270601; Keywords: Hazard; Moral Hazard; Portfolio; Thrift; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 199212 N2 - This article examines the earnings performance of nontraditional assets allowed to thrifts since the early 1980s. It uses the statistical cost accounting methodology developed by D. Hester and J. Zoellner to estimate average returns on thrift portfolio investments for the years ending June 30,1987 and June 30,1988. Results show that average returns on land loans, service corporation investment, real estate investment, and commercial loans were significantly lower than returns on more traditional assets. The results are far more pronounced at capital deficient institutions, lending support to the hypothesis that they used nontraditional investments as a means of exploiting the deposit insurance system. Returns on nontraditional assets are significantly affected by geographic factors, even for well capitalized institutions. The article concludes with an evaluation of the reimposition of portfolio restrictions on thrifts by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Portfolio Choice; Investment Decisions G11 KW - Asymmetric and Private Information; Mechanism Design D82 L3 - http://link.springer.com/journal/volumesAndIssues/10693 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0270601&site=ehost-live&scope=site UR - http://link.springer.com/journal/volumesAndIssues/10693 DP - EBSCOhost DB - ecn ER - TY - JOUR AU - French, George E. AD - Federal Deposit Insurance Corporation T1 - Early Corrective Action for Troubled Banks JO - Contemporary Policy Issues JF - Contemporary Policy Issues Y1 - 1992/10// VL - 10 IS - 4 SP - 103 EP - 113 SN - 07350007 N1 - Accession Number: 0273648; Keywords: Bank; Commercial Banks; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 199303 N2 - This paper presents data concerning the performance of the U.S. commercial bank supervisory system and identifies a number of needed improvements in areas including: (1) rules governing bank loss recognition, (2) supervisory response to excessive loan concentrations and poor underwriting standards, (3) rules governing dividend payments by troubled banks, and (4) the early closure or resolution of troubled banks. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0273648&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - CHAP AU - Horne, David K. AD - Federal Deposit Insurance Corporation A2 - Yezer, Anthony M. T1 - Testing for Racial Discrimination in Mortgage Lending T2 - Fair lending analysis: A compendium of essays on the use of statistics PB - Foreword by Lawrence B. Lindsey. Epilogue by William M. Isaac. PB - Washington, D.C.: PB - American Bankers Association Y1 - 1995/// SP - 127 EP - 138 N1 - Accession Number: 0451679; Reviewed Book ISBN: 0-89982-424-2; Keywords: Discrimination; Lending; Mortgage; Racial; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Collective Volume Article; Update Code: 199805 KW - Housing Supply and Markets R31 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination J15 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0451679&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Billett, Matthew T. AU - Flannery, Mark J. AU - Garfinkel, Jon A. T1 - The Effect of Lender Identity on a Borrowing Firm's Equity Return. JO - Journal of Finance JF - Journal of Finance Y1 - 1995/06// VL - 50 IS - 2 M3 - Article SP - 699 EP - 718 PB - Wiley-Blackwell SN - 00221082 AB - Previous research demonstrates that a firm's common stock price tends to fall when it issues new public securities. By contrast, commercial bank loans elicit significantly positive borrower returns. This article investigates whether the lender's identity influences the market's reaction to a loan announcement. Although we find no significant difference between the market's response to bank and nonbank loans, we do find that lenders with a higher credit rating are associated with larger abnormal borrower returns. This evidence complements earlier findings that an auditor's or investment banker's perceived "quality" signals valuable information about firm value to uninformed market investors. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Finance is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - COMMERCIAL loans KW - MANAGEMENT KW - MONEYLENDERS KW - CREDIT ratings KW - CORPORATIONS -- Finance KW - CAPITALISTS & financiers KW - LOAN review KW - COMMERCIAL credit KW - LINES of credit KW - FINANCIAL ratios KW - EQUITY N1 - Accession Number: 9508160612; Billett, Matthew T. 1; Flannery, Mark J. 2; Garfinkel, Jon A. 3; Affiliations: 1: Federal Deposit Insurance Corporation, Washington, D.C.; 2: University of Florida; 3: Loyola University, Chicago; Issue Info: Jun95, Vol. 50 Issue 2, p699; Thesaurus Term: COMMERCIAL loans; Thesaurus Term: MANAGEMENT; Thesaurus Term: MONEYLENDERS; Thesaurus Term: CREDIT ratings; Thesaurus Term: CORPORATIONS -- Finance; Thesaurus Term: CAPITALISTS & financiers; Thesaurus Term: LOAN review; Thesaurus Term: COMMERCIAL credit; Thesaurus Term: LINES of credit; Thesaurus Term: FINANCIAL ratios; Subject Term: EQUITY; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 561450 Credit Bureaus; Number of Pages: 20p; Illustrations: 4 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=9508160612&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Billett, Matthew T. T1 - Targeting Capital Structure: The Relationship Between Risky Debt and the Firm's Likelihood of Being Acquired. JO - Journal of Business JF - Journal of Business Y1 - 1996/04// VL - 69 IS - 2 M3 - Article SP - 173 EP - 192 PB - University of Chicago Press SN - 00219398 AB - In the absence of any renegotiation cost, shareholders of bidding and target firms would complete all value-increasing combinations. If, however, a large share of the takeover gains is expected to accrue to target debtholders, the incentive of the bidder and target shareholders to undertake the acquisition is reduced. Wealth transfers from the bidder and target equityholders to target debtholders occur if the target debtholders' claims are coinsured by either the bidder's assets or by the synergy itself. As the potential size of this coinsurance effect increases, the likelihood that a takeover profits both bidder and target shareholders decreases, and the likelihood the takeover is completed decreases. This study uses the risk of the firm's debt, measured by its credit rating, and its leverage to measure the coinsurance potential of a firm's debt. Specifically, this is done by using the firm's credit rating to isolate the effect of relatively risky leverage from leverage in general. For a sample of publicly traded firms with public debt outstanding, it was found that takeover likelihood decreases in the amount of relatively risky debt outstanding. KW - CONSOLIDATION & merger of corporations KW - CORPORATE debt KW - TARGET companies KW - BIDDERS KW - STOCKHOLDERS KW - COINSURANCE KW - CAPITALISTS & financiers N1 - Accession Number: 9605232993; Billett, Matthew T. 1; Affiliations: 1: Federal Deposit Insurance Corporation; Issue Info: Apr96, Vol. 69 Issue 2, p173; Thesaurus Term: CONSOLIDATION & merger of corporations; Thesaurus Term: CORPORATE debt; Thesaurus Term: TARGET companies; Thesaurus Term: BIDDERS; Thesaurus Term: STOCKHOLDERS; Thesaurus Term: COINSURANCE; Thesaurus Term: CAPITALISTS & financiers; Number of Pages: 20p; Illustrations: 5 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=9605232993&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - BOOK AU - Federal Deposit Insurance Corporation T1 - History of the eighties: Lessons for the future. Volume 1. An examination of the banking crises of the 1980s and early 1990s. Volume 2. Symposium proceedings, January 16, 1997 PB - Washington, D.C.: PB - Author Y1 - 1997/// SP - xx N1 - Accession Number: 0469929; Reviewed Book ISBN: 0-9661808-0-1; Keywords: Banking; FDIC; Regulation; Publication Type: Book; Update Code: 199807 N2 - Two volume set presents the results of a study of recent banking crises conducted by the FDIC to identify areas in which the agency's mission could be better accomplished in the future. Volume 1 contains thirteen papers discussing the banking crises of the 1980s and early 1990s and their implications (George Hanc); banking legislation and regulation (Lee Davison); commercial real estate and the banking crises of the 1980s and early 1990s (James Freund, Timothy Curry, Peter Hirsch, and Theodore Kelley); the savings and loan crisis and its relationship to banking (Alane Moysich); the LDC debt crisis (Curry); the mutual savings bank crisis (Moysich); Continental Illinois and the "too big to fail" policy (Davison); banking and the agricultural problems of the 1980s (Brian Lamm); banking problems in the Southwest (Lamm and John O'Keefe); banking problems in the Northeast (Lamm and O'Keefe); banking problems in California (Victor Saulsbury and Curry); bank examination and enforcement (Curry); and off-site surveillance systems (Jack Reidhill and O'Keefe). Volume 2 contains the proceedings of a symposium held to discuss the preliminary results of the FDIC's study of recent banking crises. Volume 1 contains a bibliography and an index. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0469929&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Horne, David K. AD - Federal Deposit Insurance Corporation T1 - Mortgage Lending, Race, and Model Specification JO - Journal of Financial Services Research JF - Journal of Financial Services Research Y1 - 1997/02//February-April 1997 VL - 11 IS - 1-2 SP - 43 EP - 68 SN - 09208550 N1 - Accession Number: 0426361; Keywords: Bank; Lending; Mortgage; Race; Reserves; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 199710 N2 - This study examines the role of race in home mortgage lending by investigating the sensitivity of race estimates to variations in model specification. I compare parameter estimates based on a statistical model utilized by the Federal Reserve Bank of Boston, using a subset of the data that corresponds to FDIC-supervised institutions, with estimates obtained from several alternative variations specified to reflect information obtained from reviews of the mortgage loan application files. Estimates of the race effect are shown to be highly sensitive to the assumptions that underlie the model; minor modifications in model specification are sufficient to eliminate the race effect. The empirical results suggest that the statistical models used to evaluate the impact of race in mortgage lending may not provide reliable information about lending bias. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Labor Discrimination J71 KW - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination J15 L3 - http://link.springer.com/journal/volumesAndIssues/10693 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0426361&site=ehost-live&scope=site UR - http://link.springer.com/journal/volumesAndIssues/10693 DP - EBSCOhost DB - ecn ER - TY - BOOK AU - Federal Deposit Insurance Corporation T1 - Managing the crisis: The FDIC and RTC experience, 1980-1994. 2 vols PB - Washington, D.C.: PB - Author Y1 - 1998/// SP - xii N1 - Accession Number: 0482786; Reviewed Book ISBN: 0-9661808-2-8 (pbk); Keywords: Bank; Banking; Deposit Insurance; Deposit; FDIC; Thrift; Publication Type: Book; Update Code: 199901 N2 - Examines the manner in which the Federal Deposit Insurance Corporation (FDIC) and the Resolution Trust Corporation (RTC) handled the bank and thrift failures occurring during the U.S. banking crisis of the 1980s and early 1990s. Part 1 documents the evolution of the methods used to resolve failed institutions, pay depositors their money, and dispose of the large volume of assets that remained. Part 2 presents case studies of ten significant bank failures: First Pennsylvania Bank; Penn Square Bank; Continental Illinois National Bank and Trust Company; First City Bancorporation of Texas; First RepublicBank Corporation; MCorp; Bank of New England Corporation; Southeast Banking Corp.; Seven Banks in New Hampshire; and CrossLand Savings. Volume 2 consists of the proceedings of the symposium "Managing the Crisis: The FDIC and RTC Experience," hosted by the FDIC in April 1998, which featured discussions of the strategies used to liquidate the 1,617 banks and 1,295 thrifts that failed during the period. Index. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Bankruptcy; Liquidation G33 KW - Financial Institutions and Services: Government Policy and Regulation G28 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0482786&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Reinsdorf, Marshall B. T1 - Formula bias and within-stratum substitutions bias in the U.S. CPI. JO - Review of Economics & Statistics JF - Review of Economics & Statistics Y1 - 1998/05// VL - 80 IS - 2 M3 - Article SP - 175 PB - MIT Press SN - 00346535 AB - In 1978 BLS adopted an estimator for U.S. CPI component indexes that incorporates scientific samples of outlets and varieties and that allows the calculation of reliable standard errors. Consumer substitution of outlets and varieties offering better values could cause bias in these indexes. A more important source of bias is, however, a tendency to give excessive weight to items whose initial price is temporarily low. The empirical evidence is striking. Avenge price series and matched food CPIs grew at almost the same rate before 1978, but between 1980 and 1992 the CPIs average about 1.4% per year more growth. For unleaded gasoline, the discrepancy averages 0.8% per year. [ABSTRACT FROM AUTHOR] AB - Copyright of Review of Economics & Statistics is the property of MIT Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - CONSUMER price indexes KW - CONCORDANCES KW - PETROLEUM products KW - VALUES (Ethics) KW - LIQUID fuels KW - UNITED States N1 - Accession Number: 623701; Reinsdorf, Marshall B. 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: May98, Vol. 80 Issue 2, p175; Thesaurus Term: CONSUMER price indexes; Subject Term: CONCORDANCES; Subject Term: PETROLEUM products; Subject Term: VALUES (Ethics); Subject Term: LIQUID fuels; Subject: UNITED States; NAICS/Industry Codes: 424720 Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals); NAICS/Industry Codes: 486910 Pipeline Transportation of Refined Petroleum Products; NAICS/Industry Codes: 324199 All Other Petroleum and Coal Products Manufacturing; NAICS/Industry Codes: 412110 Petroleum and petroleum products merchant wholesalers; Number of Pages: 13p; Illustrations: 6 Charts; Document Type: Article; Full Text Word Count: 11619 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=623701&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Avery, Robert B. AU - Bostic, Raphael W. AU - Samolyk, Katherine A. T1 - The role of personal wealth in small business finance. JO - Journal of Banking & Finance JF - Journal of Banking & Finance Y1 - 1998/06// VL - 22 IS - 6-8 M3 - Article SP - 1019 EP - 1061 SN - 03784266 AB - This paper provides new empirical evidence on the relationship between personal commitments and the allocation of small business credit. The data suggest that personal commitments are important for firms seeking certain types of loans. Guarantees are more prevalent than collateral and organization type (corporate versus noncorporate status) appears to be particularly important in determining commitment use. No systematic relationship is observed between commitment use and owner wealth. Personal commitments appear to be substitutes for business collateral, at least for lines of credit, while personal collateral and personal guarantees do not seem to substitute for each other. Personal commitments have generally become more important to small business lending since the late 1980s. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Banking & Finance is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - SMALL business -- Finance KW - COMMERCIAL credit KW - WEALTH KW - FINANCE N1 - Accession Number: 11488629; Avery, Robert B. 1; Bostic, Raphael W. 1; Email Address: rbostic@frb.gov; Samolyk, Katherine A. 2; Affiliations: 1: Board of Governors of the Federal Reserve System; 2: Federal Deposit Insurance Corporation; Issue Info: 1998, Vol. 22 Issue 6-8, p1019; Thesaurus Term: SMALL business -- Finance; Thesaurus Term: COMMERCIAL credit; Thesaurus Term: WEALTH; Thesaurus Term: FINANCE; Number of Pages: 43p; Illustrations: 11 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=11488629&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Elmer, Peter J. AU - Seelig, Steven A. AD - Federal Deposit Insurance Corporation AD - Federal Deposit Insurance Corporation T1 - Insolvency, Trigger Events, and Consumer Risk Posture in the Theory of Single-Family Mortgage Default JO - Journal of Housing Research JF - Journal of Housing Research Y1 - 1999/// VL - 10 IS - 1 SP - 1 EP - 25 SN - 10527001 N1 - Accession Number: 0502975; Keywords: Mortgage; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 199911 N2 - This article integrates the concepts of insolvency, trigger events, and consumer risk posture into the theory of single-family mortgage default. It presents a traditional consumer- or choice-theoretic framework that recognizes common elements of mortgage optionality along with variables for insolvency, income, house price, and interest rates. Two motivations for mortgage default, insolvency and exercise of a strategic option, are identified and compared under alternative settings. The model suggests that insolvency is a primary motivation for default. Broader measures of consumer financial health appear to provide better measures of the likelihood of default than do narrow measures based solely on home or mortgage value. Adverse shocks to income and house prices, but not interest rates, also affect default and insolvency through the erosion of personal wealth. Empirical evidence supporting the hypotheses developed is provided along with an analysis of the aggregate time series of mortgage default. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 L3 - http://ares.metapress.com/content/121541/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0502975&site=ehost-live&scope=site UR - http://ares.metapress.com/content/121541/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Reinsdorf, Marshall AD - Federal Deposit Insurance Corporation T1 - Getting prices right: The debate over the consumer price index JO - Journal of Economic Literature JF - Journal of Economic Literature Y1 - 1999/03// VL - 37 IS - 1 SP - 190 EP - 191 SN - 00220515 N1 - Accession Number: 0490465. Author of Reviewed Book: Baker, Dean, ed.; Publisher Information: Armonk, N.Y. and London:, Sharpe, 1998, Reviewed Book ISBN: 0-7656-0221-0 (cloth); 0-7656-0222-9 (pbk); Keywords: CPI; Consumer Price Index; Prices; Publication Type: Book Review; Update Code: 199905 KW - Index Numbers and Aggregation; Leading indicators C43 KW - Price Level; Inflation; Deflation E31 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0490465&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Reinsdorf, Marshali T1 - Book Reviews. JO - Journal of Economic Literature JF - Journal of Economic Literature Y1 - 1999/03// VL - 37 IS - 1 M3 - Book Review SP - 190 PB - American Economic Association SN - 00220515 AB - Reviews the book "Getting Prices Right: The Debate Over the Consumer Price Index," edited by Dean Baker. KW - CONSUMER price indexes KW - NONFICTION KW - BAKER, Dean KW - GETTING Prices Right (Book) N1 - Accession Number: 1707907; Reinsdorf, Marshali 1; Affiliations: 1: Federal Deposit Insurance Corporation.; Issue Info: Mar99, Vol. 37 Issue 1, p190; Thesaurus Term: CONSUMER price indexes; Subject Term: NONFICTION; Reviews & Products: GETTING Prices Right (Book); People: BAKER, Dean; Number of Pages: 2p; Document Type: Book Review; Full Text Word Count: 1056 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=1707907&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Reinsdorf, Marshall B. T1 - Using Scanner Data to Construct CPI Basic Component Indexes. JO - Journal of Business & Economic Statistics JF - Journal of Business & Economic Statistics Y1 - 1999/04// VL - 17 IS - 2 M3 - Article SP - 152 SN - 07350015 AB - The article reports on research done as part of a project investigating whether the U.S. Bureau of Labor Statistics can use electronic point-of-sale data, which are also known as scanner data, to improve some of the components of the U.S. Consumer Price Index (CPI). To test the feasibility of using scanner data for price-measurement purposes, the article calculates a variety of indexes from store-level sales data on roasted coffee beans and instant coffee in two major cities of the U.S.--Chicago and Washington. These included the modified Laspeyres index that now serves as the CPI target concept, the geometric-mean index that has been proposed for use in the CPI, and a Fisher ideal index, which uses information on current quantities to account for the effects of substitution behavior. Major findings of the present study are: some aggregation across time and Universal Product Code's and possibly across stores within a chain is necessary to achieve a stable, representative market basket; chained Laspeyres indexes exhibit great upward drift; modified Laspeyres indexes resembling the target of the CPI component-index estimator seem to have some upward bias. KW - CONSUMER price indexes KW - SALES KW - RETAIL stores KW - COST & standard of living KW - COFFEE KW - UNITED States N1 - Accession Number: 1752164; Reinsdorf, Marshall B. 1; Email Address: mreinsdorf@fdic.gov; Affiliations: 1: Federal Deposit Insurance Corporation, Washington, DC 20429; Issue Info: Apr99, Vol. 17 Issue 2, p152; Thesaurus Term: CONSUMER price indexes; Thesaurus Term: SALES; Thesaurus Term: RETAIL stores; Thesaurus Term: COST & standard of living; Subject Term: COFFEE; Subject: UNITED States; NAICS/Industry Codes: 445299 All Other Specialty Food Stores; NAICS/Industry Codes: 413190 Other specialty-line food merchant wholesalers; NAICS/Industry Codes: 311920 Coffee and Tea Manufacturing; NAICS/Industry Codes: 111339 Other Noncitrus Fruit Farming; NAICS/Industry Codes: 111330 Non-citrus fruit and tree nut farming; NAICS/Industry Codes: 452999 All other miscellaneous general merchandise stores; NAICS/Industry Codes: 453999 All other miscellaneous store retailers (except beer and wine-making supplies stores); NAICS/Industry Codes: 453998 All Other Miscellaneous Store Retailers (except Tobacco Stores); NAICS/Industry Codes: 236220 Commercial and Institutional Building Construction; Number of Pages: 9p; Document Type: Article; Full Text Word Count: 7448 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=1752164&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - CHAP AU - Seelig, Steven A. AU - O'Keefe, John AD - IMF AD - Federal Deposit Insurance Corporation A2 - Kaufman, George G. T1 - Deposit Insurance Funding and Insurer Resource Allocation: A Portfolio Model of Insurer Behavior under Uncertainty T2 - Bank fragility and regulation: Evidence from different countries PB - Research in Financial Services: Private and Public Policy, vol. 12. PB - Amsterdam; New York and Tokyo: PB - Elsevier Science, JAI Y1 - 2000/// SP - 303 EP - 327 N1 - Accession Number: 0641472; Reviewed Book ISBN: 0-7623-0698-X; Keywords: Deposit Insurance; Deposit; Publication Type: Collective Volume Article; Update Code: 200305 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0641472&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Bradley, Christine M. AD - US Federal Deposit Insurance Corporation T1 - A Historical Perspective on Deposit Insurance Coverage JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2000/// VL - 13 IS - 2 SP - 1 EP - 25 N1 - Accession Number: 0595221; Keywords: Deposit Insurance; Deposit; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200202 N2 - The author examines the federal deposit insurance program and traces deposit insurance coverage from its original amount of $2,500 in 1934 through each subsequent increase to the current coverage amount of $100,000. The article is intended to provide a background for the current debate on increasing deposit insurance coverage. KW - Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: U.S.; Canada: 1913- N12 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0595221&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Curry, Timothy AU - Shibut, Lynn AD - US Federal Deposit Insurance Corporation AD - US Federal Deposit Insurance Corporation T1 - The Cost of the Savings and Loan Crisis: Truth and Consequences JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2000/// VL - 13 IS - 2 SP - 26 EP - 35 N1 - Accession Number: 0595222; Keywords: Deposit Insurance; Deposit; FSLIC; Savings and Loan; Thrift; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200202 N2 - The authors identify and analyze the cost of providing deposit insurance during the savings and loan crisis of the 1980s and early 1990s. They provide a breakdown of the cost into the FSLIC and RTC segments, and also identify the portions of the cost borne by the taxpayer and by the thrift industry. KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0595222&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - CHAP AU - Seelig, Steven A. AD - Federal Deposit Insurance Corporation A2 - Gup, Benton E. T1 - Banking Trends and Deposit Insurance Risk Assessment in the Twenty-First Century T2 - The new financial architecture: Banking regulation in the twenty-first century PB - Westport, Conn. and London: PB - Greenwood, Quorum Books Y1 - 2000/// SP - 129 EP - 143 N1 - Accession Number: 0644831; Reviewed Book ISBN: 1-56720-341-8; Keywords: Banking; Deposit Insurance; Deposit; Risk Assessment; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Collective Volume Article; Update Code: 200306 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0644831&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Feenstra, Robert C. AU - Reinsdorf, Marshall B. AD - U CA, Davis and NBER AD - Federal Deposit Insurance Corporation T1 - An Exact Price Index for the Almost Ideal Demand System JO - Economics Letters JF - Economics Letters Y1 - 2000/02// VL - 66 IS - 2 SP - 159 EP - 162 SN - 01651765 N1 - Accession Number: 0511041; Keywords: Expenditure; Publication Type: Journal Article; Update Code: 200004 N2 - We show that an exact price index for the Almost Ideal Demand System can be evaluated using data on expenditure shares and prices at two comparison points, and at their geometric mean. KW - Consumer Economics: Empirical Analysis D12 KW - Model Construction and Estimation C51 L3 - http://www.sciencedirect.com/science/journal/01651765 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0511041&site=ehost-live&scope=site UR - http://www.sciencedirect.com/science/journal/01651765 DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Bennett, Rosalind L. AU - Farmer, Roger E.A. T1 - Indeterminacy with Non-separable Utility. JO - Journal of Economic Theory JF - Journal of Economic Theory Y1 - 2000/07// VL - 93 IS - 1 M3 - Article SP - 118 EP - 143 SN - 00220531 AB - J. Benhabib and R. E. A. Farmer (1994, J. Econ. Theory 63, 19-41) showed that a single sector growth model in the presence of increasing returns-to-scale may display an indeterminate equilibrium if the demand and supply curves cross with the "wrong slopes." We generalize their result to a model with preferences that are nonseparable in consumption and leisure. We provide a simple analog of the Benhabib Farmer condition that works in the non-separable case. Our condition is easy to check in practice and it allows for equilibria to be indeterminate, even when demand and supply curves have the standard slopes. We illustrate that equilibrium can be indeterminate when demand and supply curves have standard slopes and the degree of increasing returns-to-scale is well within recent estimates by S. Basu and J. Fernald (1997, J. Polit. Econ. 105, 249-283) for U. S. manufacturing. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Economic Theory is the property of Academic Press Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - UTILITY theory KW - ECONOMETRIC models KW - ECONOMIC models KW - ECONOMICS -- Mathematical models KW - MATHEMATICAL economics KW - EQUILIBRIUM N1 - Accession Number: 12146429; Bennett, Rosalind L. 1; Email Address: rbennett@fdic.gov; Farmer, Roger E.A. 2; Email Address: farmer@iue.it; Affiliations: 1: Federal Deposit Insurance Corporation, Washington; 2: European University Institute, Italy; Issue Info: Jul2000, Vol. 93 Issue 1, p118; Thesaurus Term: UTILITY theory; Thesaurus Term: ECONOMETRIC models; Thesaurus Term: ECONOMIC models; Thesaurus Term: ECONOMICS -- Mathematical models; Thesaurus Term: MATHEMATICAL economics; Subject Term: EQUILIBRIUM; Number of Pages: 26p; Illustrations: 3 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=12146429&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Bennett, Rosalind L. AD - US Federal Deposit Insurance Corporation T1 - Failure Resolution and Asset Liquidation: Results of an International Survey of Deposit Insurers JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2001/// VL - 14 IS - 1 SP - 1 EP - 28 N1 - Accession Number: 0595223; Keywords: Deposit Insurance; Deposit; FDIC; Liquidation; Geographic Descriptors: Selected Countries; U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200202 N2 - In January 2000, the Federal Deposit Insurance Corporation (FDIC) sent a survey on deposit insurance practices to 73 deposit insurance organizations. Thirty seven deposit insurers responded to the survey. This article summarizes the results from the portion of the survey that addresses failure resolution and asset liquidation and puts the survey results into the context of the FDIC's experience. The results from the survey indicate the FDIC's approach to failure resolution and asset liquidation is different from that taken in many other countries. KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Bankruptcy; Liquidation G33 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance O16 KW - Socialist Institutions and Their Transitions: Financial Economics P34 KW - Comparative Studies of Countries O57 KW - Comparative Studies of Particular Economies P52 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0595223&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Craig, Valentine V. AD - US Federal Deposit Insurance Corporation T1 - Merchant Banking: Past and Present JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2001/// VL - 14 IS - 1 SP - 29 EP - 36 N1 - Accession Number: 0595224; Keywords: Bank; Banking; Commercial Banks; Financial Institutions; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200202 N2 - Although not defined in U.S. federal banking and securities laws, the term merchant banking is generally understood to mean "negotiated private equity investment by financial institutions in the unregistered securities of either privately or publicly held companies." Recent legislation permits financial holding companies to engage in merchant banking, a lucrative activity for a handful of large commercial and investment banks for many years. The author provides a history of merchant banking and commercial bank involvement in this specialty. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies G24 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0595224&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - CHAP AU - Shibut, Lynn AU - Critchfield, Tim AU - Bohn, Sarah AD - Federal Deposit Insurance Corporation AD - Federal Deposit Insurance Corporation AD - Federal Deposit Insurance Corporation A2 - Kaufman, George G. T1 - Differentiating among Critically Undercapitalized Banks and Thrifts T2 - Prompt corrective action in banking: Ten years later PB - Research in Financial Services: Private and Public Policy, vol. 14. PB - Amsterdam; Boston and London: PB - Elsevier Science, JAI Y1 - 2002/// SP - 143 EP - 202 N1 - Accession Number: 0763818; Reviewed Book ISBN: 0-7623-0987-3; Keywords: Bank; Thrift; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Collective Volume Article; Update Code: 200503 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Bankruptcy; Liquidation G33 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0763818&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Clarkin, Deirdre T1 - Symbol of Confidence1- The Federal Deposit Insurance Corporation: A Descriptive and Selective Bibliography. JO - Legal Reference Services Quarterly JF - Legal Reference Services Quarterly Y1 - 2003/01// VL - 22 IS - 1 M3 - Article SP - 67 EP - 71 SN - 0270319X AB - This pathfinder is a very selective bibliography that focuses on sources that provide the researcher with an understanding of the Federal Deposit Insurance Corporation's role in the U.S. banking system and U.S. financial history. Sources include publications related to the agency's primary mission as bank regulator, examiner, and insurer. [ABSTRACT FROM PUBLISHER] AB - Copyright of Legal Reference Services Quarterly is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - Bibliography (Documentation) KW - Information resources KW - Bank insurance KW - Banking industry -- United States KW - United States KW - bank regulation KW - Federal Deposit Insurance Corporation (FDIC) KW - U.S. banking system KW - U.S. financial history KW - Federal Deposit Insurance Corp. N1 - Accession Number: 28032645; Clarkin, Deirdre 1; Email Address: dclarkin@fdic.gov; Affiliations: 1 : Senior Librarian (Reference), Federal Deposit Insurance Corporation; Source Info: 2003, Vol. 22 Issue 1, p67; Thesaurus Term: Bibliography (Documentation); Thesaurus Term: Information resources; Subject Term: Bank insurance; Subject Term: Banking industry -- United States; Subject: United States; Author-Supplied Keyword: bank regulation; Author-Supplied Keyword: Federal Deposit Insurance Corporation (FDIC); Author-Supplied Keyword: U.S. banking system; Author-Supplied Keyword: U.S. financial history; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=lih&AN=28032645&site=ehost-live&scope=site DP - EBSCOhost DB - lih ER - TY - CHAP AU - O'Keefe, John AU - Olin, Virginia AU - Richardson, Christopher A. AD - Federal Deposit Insurance Corporation AD - Federal Deposit Insurance Corporation AD - US Department of Justice A2 - Kaufman, George G. T1 - Bank Loan Underwriting Practices: Can Supervisors' Risk Assessments Contribute to Early-Warning Systems? T2 - Market discipline in banking: Theory and evidence PB - Research in Financial Services: Private and Public Policy, vol. 15. PB - Amsterdam; London and New York: PB - Elsevier, JAI Y1 - 2003/// SP - 385 EP - 423 N1 - Accession Number: 0791392; Reviewed Book ISBN: 0-7623-1080-4; Keywords: Bank; Risk Assessment; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Collective Volume Article; Update Code: 200509 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Bankruptcy; Liquidation G33 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0791392&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Critchfield, Tim AU - Davis, Tyler AU - Davison, Lee AU - Gratton, Heather AU - Hanc, George AU - Samolyk, Katherine AD - Federal Deposit Insurance Corporation AD - Federal Deposit Insurance Corporation AD - Federal Deposit Insurance Corporation AD - Federal Deposit Insurance Corporation AD - Unlisted AD - Federal Deposit Insurance Corporation T1 - Community Banks: Their Recent Past, Current Performance, and Future Prospects JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2004/// VL - 16 IS - 3-4 SP - 1 EP - 56 N1 - Accession Number: 0789059; Keywords: Bank; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200508 N2 - Examining U.S. community banks from 1985-2003, this paper explores trends in their numbers, activities, and performance, as well as their future prospects. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Production, Pricing, and Market Structure; Size Distribution of Firms L11 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0789059&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Samolyk, Katherine AD - Federal Deposit Insurance Corporation T1 - The Future of Banking in America: The Evolving Role of Commercial Banks in U.S. Credit Markets JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2004/// VL - 16 IS - 1-2 SP - 29 EP - 65 N1 - Accession Number: 0789057; Keywords: Bank; Banking; Commercial Banks; Credit; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200508 N2 - The author examines 50 years of Flow of Funds Accounts (FFA) quarterly data to assess the significance of commercial banks in the provision of credit in the United States. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Insurance; Insurance Companies; Actuarial Studies G22 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Production, Pricing, and Market Structure; Size Distribution of Firms L11 KW - Firm Performance: Size, Diversification, and Scope L25 KW - Economic History: Financial Markets and Institutions: U.S.; Canada: 1913- N22 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0789057&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Walser, Jeffrey AU - Anderlik, John AD - Federal Deposit Insurance Corporation AD - Federal Deposit Insurance Corporation T1 - Rural Depopulation: What Does It Mean for the Future Economic Health of Rural Areas and the Community Banks That Support Them? JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2004/// VL - 16 IS - 3-4 SP - 57 EP - 95 N1 - Accession Number: 0789060; Keywords: Bank; Demographics; Financial Institution; Rural; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200508 N2 - The United States is currently in the midst of a major demographic event: the depopulation of its rural counties. This paper examines the implications of this trend for insured financial institutions headquartered in these counties. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Demographic Trends, Macroeconomic Effects, and Forecasts J11 KW - Firm Performance: Size, Diversification, and Scope L25 KW - Size and Spatial Distributions of Regional Economic Activity R12 KW - Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics R23 KW - Other Spatial Production and Pricing Analysis R32 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0789060&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Blair, Christine E. AD - Federal Deposit Insurance Corporation T1 - The Mixing of Banking and Commerce: Current Policy Issues JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2004/// VL - 16 IS - 3-4 SP - 97 EP - 120 N1 - Accession Number: 0789061; Keywords: Banking; Policy; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200508 N2 - Does the mixing of banking and commerce constitute good public policy? This paper revisits the debate. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Production, Pricing, and Market Structure; Size Distribution of Firms L11 KW - Transactional Relationships; Contracts and Reputation; Networks L14 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0789061&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Craig, Valentine V. AD - Federal Deposit Insurance Corporation T1 - The Changing Corporate Governance Environment: Implications for the Banking Industry JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2004/// VL - 16 IS - 3-4 SP - 121 EP - 135 N1 - Accession Number: 0789062; Keywords: Bank; Banking; Corporate Governance; Governance; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200508 N2 - This article examines the evolving U.S. corporate governance environment to assess the implications of this changing environment for banks. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance G34 KW - Corporate Finance and Governance: Government Policy and Regulation G38 KW - Business and Securities Law K22 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0789062&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - CHAP AU - Fiechter, Jonathan L. AU - Kupiec, Paul H. AD - IMF AD - Federal Deposit Insurance Corporation A2 - Caprio, Gerard T1 - Principles for Supervision T2 - The future of state-owned financial institutions PB - World Bank/IMF/Brookings Emerging Market Series. PB - Washington, D.C.: PB - Brookings Institution Press Y1 - 2004/// SP - 241 EP - 255 N1 - Accession Number: 0925232 Partial authors List; ; Reviewed Book ISBN: 0-8157-1335-5; ; Publication Type: Collective Volume Article; Update Code: 200708 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Public Enterprises; Public-Private Enterprises L32 KW - Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance O16 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0925232&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Avery, Robert B. AU - Samolyk, Katherine A. T1 - Bank Consolidation and Small Business Lending: The Role of Community Banks. JO - Journal of Financial Services Research JF - Journal of Financial Services Research Y1 - 2004/04//Apr/Jun2004 VL - 25 IS - 2/3 M3 - Article SP - 291 EP - 325 SN - 09208550 AB - This paper examines how bank consolidation activity affected small business lending in local U.S. banking markets during two 3-year study periods, focusing on the role played by community banks in the process. During the 1994-1997 period, we find that consolidation activity involving big banks is associated with lower loan growth, whereas community bank consolidations and a greater presence of community banks in the market are associated with higher loan growth. During the 1997-2000 period, consolidation activity is either unrelated to small business loan growth or is associated with higher loan growth. In both study periods we find that, net of organization reclassifications due to consolidation or asset growth, the share of small business lending funded by community banks rose, particularly in markets undergoing consolidation. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial Services Research is the property of Springer Science & Business Media B.V. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - COMMUNITY banks KW - BANK loans KW - CREDIT risk KW - SMALL business KW - BANKING industry -- United States KW - UNITED States KW - Banks KW - consolidation KW - mergers KW - small business. N1 - Accession Number: 13190485; Avery, Robert B. 1; Samolyk, Katherine A. 2; Affiliations: 1: Federal Reserve Board of Governors.; 2: Federal Deposit Insurance Corporation.; Issue Info: Apr/Jun2004, Vol. 25 Issue 2/3, p291; Thesaurus Term: COMMUNITY banks; Thesaurus Term: BANK loans; Thesaurus Term: CREDIT risk; Thesaurus Term: SMALL business; Thesaurus Term: BANKING industry -- United States; Subject: UNITED States; Author-Supplied Keyword: Banks; Author-Supplied Keyword: consolidation; Author-Supplied Keyword: mergers; Author-Supplied Keyword: small business.; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 35p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=13190485&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kupiec, Paul H. AD - US Federal Deposit Insurance Corporation T1 - Internal Model-Based Capital Regulation and Bank Risk-Taking Incentives JO - Journal of Derivatives JF - Journal of Derivatives Y1 - 2004///Summer VL - 11 IS - 4 SP - 33 EP - 42 SN - 10741240 N1 - Accession Number: 0751803; Keywords: Bank; Regulation; Publication Type: Journal Article; Update Code: 200411 N2 - Bank capital requirements set by rigid rules are being replaced by more flexible requirements based on the bank's internal risk model. But when the government creates a "safety net" for depositors, in the form of a guaranteed payoff on their accounts in the case of bank failure, or an implicit commitment not to allow a bank to fail, it effectively gives the bank a subsidy for taking risk. Since the bank does not have to pay depositors a risk premium for bearing default risk, it can earn a higher return on its risky investments, and will naturally tend to hold riskier assets and less capital. Kupiec sets out the problem explicitly and analyzes it in this article. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.iijournals.com/loi/jod UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0751803&site=ehost-live&scope=site UR - http://www.iijournals.com/loi/jod DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Kupiec, Paul AD - Federal Deposit Insurance Corporation, Washington, DC T1 - Estimating Economic Capital Allocations for Market and Credit Risk JO - Journal of Risk JF - Journal of Risk Y1 - 2004///Summer VL - 6 IS - 4 SP - 11 EP - 29 SN - 14651211 N1 - Accession Number: 0783777; Keywords: Capital; Capitalization; Firm; Stocks; Publication Type: Journal Article; Update Code: 200507 N2 - Value-at-Risk (VAR) measures often are used as a basis for setting so-called "economic capital" or buffer stock measures of equity capitalization requirements. VAR measures do not account for the time value of money or the equilibrium required return premium for credit risk on a firm's funding debt, and consequently they produce biased estimates of economic capital. The bias in common VAR approaches increases with the horizon and consequently is most pronounced in the credit risk setting where capital allocations horizons typically coincide with extended holding periods, but the bias is also important in the market risk setting when capital allocations are set for similar tenors. Accurate capital estimates can be obtained using a VAR-like measure that is constructed relative to a portfolio's initial market value and augmented by an estimate of the interest compensation required on funding debt. KW - Portfolio Choice; Investment Decisions G11 KW - Asset Pricing; Trading Volume; Bond Interest Rates G12 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 L3 - http://www.risk.net/type/journal/source/journal-of-risk UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0783777&site=ehost-live&scope=site UR - http://www.risk.net/type/journal/source/journal-of-risk DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Shively, Philip A. T1 - Testing for a Unit Root in ARIMA Processes. JO - Journal of Applied Statistics JF - Journal of Applied Statistics Y1 - 2004/08// VL - 31 IS - 7 M3 - Article SP - 785 EP - 798 PB - Routledge SN - 02664763 AB - A unit root has important long-run implications for many time series in economics and finance. This paper develops a unit-root test of an ARIMA(p-1, 1, q) with drift null process against a trend-stationary ARMA(p, q) alternative process, where the order of the time series is assumed known through previous statistical testing or relevant theory. This test uses a point-optimal test statistic, but it estimates the null and alternative variance-covariance matrices that are used in the test statistics. Consequently, this test approximates a point-optimal test. Simulations show that its small-sample size is close to the nominal test level for a variety of unit-root processes, that it has a robust power curve against a variety of stationary alternatives, that its combined small-sample size and power properties are highly competitive with previous unit-root tests, and that it is robust to conditional heteroskedasticity. An application to post-Second World War real per capita gross domestic product is provided [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Applied Statistics is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - STATISTICS KW - TIME series analysis KW - ECONOMIC models KW - FINANCE -- Statistics KW - GROSS domestic product KW - HETEROSCEDASTICITY KW - ARIMA KW - invariant KW - Point-optimal KW - ross domestic product KW - unit root N1 - Accession Number: 14610542; Shively, Philip A. 1; Email Address: pshively@fdic.gov; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Company, Washington, USA; Issue Info: Aug2004, Vol. 31 Issue 7, p785; Thesaurus Term: STATISTICS; Thesaurus Term: TIME series analysis; Thesaurus Term: ECONOMIC models; Thesaurus Term: FINANCE -- Statistics; Thesaurus Term: GROSS domestic product; Subject Term: HETEROSCEDASTICITY; Author-Supplied Keyword: ARIMA; Author-Supplied Keyword: invariant; Author-Supplied Keyword: Point-optimal; Author-Supplied Keyword: ross domestic product; Author-Supplied Keyword: unit root; Number of Pages: 14p; Document Type: Article L3 - 10.1080/0266476042000214547 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=14610542&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - BOOK T1 - Bank on it T3 - FDIC financial education curriculum Y1 - 2004/12/01/ SP - 13p. M3 - Book PB - AARP Foundation, Washington, DC; and Federal Deposit Insurance Corporation, Division of Compliance and Consumer Affairs, Washington, DC AV - Some recent publications are available from AARP. For one free copy, write to AARP Fulfillment, 601 E Street, NW, Washington, DC 20049, Telephone: 888-687-2277. Web site: www.aarp.org N1 - Accession Number: 110215. Corporate Author: AARP Foundation; Federal Deposit Insurance Corporation. Division of Compliance and Consumer Affairs. Target Audience: General/Consumer. N2 - Provides a reprinting of one of the Federal Deposit Insurance Corporation (FDIC) Money Smart financial education curriculum publications covering an introduction to bank services. The course introduces the basics of banking, from the different types of financial institutions to the services they might offer. Worksheets are provided for choosing an account and choosing a bank. A glossary is included. (AR) (AgeLine Database, copyright 2005 EBSCO Publishing, Inc., all rights reserved) KW - AARP Publications KW - Older Adults KW - United States KW - AARP Foundation Publications KW - Money Management KW - Adult Education KW - Curriculum KW - Financial Institutions KW - Glossaries KW - Consumer Guides KW - Personal Guides UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=gnh&AN=110215&site=ehost-live&scope=site DP - EBSCOhost DB - gnh ER - TY - BOOK T1 - Borrowing basics T3 - FDIC financial education curriculum Y1 - 2004/12/01/ SP - 11p. M3 - Book PB - AARP Foundation, Washington, DC; and Federal Deposit Insurance Corporation, Division of Compliance and Consumer Affairs, Washington, DC AV - Some recent publications are available from AARP. For one free copy, write to AARP Fulfillment, 601 E Street, NW, Washington, DC 20049, Telephone: 888-687-2277. Web site: www.aarp.org N1 - Accession Number: 110225. Corporate Author: AARP Foundation; Federal Deposit Insurance Corporation. Division of Compliance and Consumer Affairs. Target Audience: General/Consumer. N2 - Provides a reprinting of one of the Federal Deposit Insurance Corporation (FDIC) Money Smart financial education curriculum publications covering an introduction to credit. The course provides information about the value of credit and its costs, helping consumers to decide when and how to use credit. A checklist for credit decisions is included. (AR) (AgeLine Database, copyright 2005 EBSCO Publishing, Inc., all rights reserved) KW - AARP Publications KW - Older Adults KW - United States KW - AARP Foundation Publications KW - Money Management KW - Adult Education KW - Curriculum KW - Credit KW - Loans KW - Checklists KW - Consumer Guides KW - Personal Guides UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=gnh&AN=110225&site=ehost-live&scope=site DP - EBSCOhost DB - gnh ER - TY - BOOK T1 - Check it out T3 - FDIC financial education curriculum Y1 - 2004/12/01/ SP - 17p. M3 - Book PB - AARP Foundation, Washington, DC; and Federal Deposit Insurance Corporation, Division of Compliance and Consumer Affairs, Washington, DC AV - Some recent publications are available from AARP. For one free copy, write to AARP Fulfillment, 601 E Street, NW, Washington, DC 20049, Telephone: 888-687-2277. Web site: www.aarp.org N1 - Accession Number: 110223. Corporate Author: AARP Foundation; Federal Deposit Insurance Corporation. Division of Compliance and Consumer Affairs. Target Audience: General/Consumer. N2 - Provides a reprinting of one of the Federal Deposit Insurance Corporation (FDIC) Money Smart financial education curriculum publications covering how to choose and keep a checking account. The course offers information on how to compare checking accounts, open a checking account, use the money in a checking account, write a check, and keep records for a checking account. Worksheets provide a comparison chart for checking accounts from different banks, a practice check register, practice checks and deposit slips, and a chart to help consumers reconcile an account statement. (AR) (AgeLine Database, copyright 2005 EBSCO Publishing, Inc., all rights reserved) KW - AARP Publications KW - Older Adults KW - United States KW - AARP Foundation Publications KW - Money Management KW - Adult Education KW - Curriculum KW - Financial Institutions KW - Consumer Guides KW - Personal Guides UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=gnh&AN=110223&site=ehost-live&scope=site DP - EBSCOhost DB - gnh ER - TY - BOOK T1 - Keep it safe T3 - FDIC financial education curriculum Y1 - 2004/12/01/ SP - 15p. M3 - Book PB - AARP Foundation, Washington, DC; and Federal Deposit Insurance Corporation, Division of Compliance and Consumer Affairs, Washington, DC AV - Some recent publications are available from AARP. For one free copy, write to AARP Fulfillment, 601 E Street, NW, Washington, DC 20049, Telephone: 888-687-2277. Web site: www.aarp.org N1 - Accession Number: 110222. Corporate Author: AARP Foundation; Federal Deposit Insurance Corporation. Division of Compliance and Consumer Affairs. Target Audience: General/Consumer. N2 - Provides a reprinting of one of the Federal Deposit Insurance Corporation (FDIC) Money Smart financial education curriculum publications covering an introduction to consumer banking rights. The course offers information on nondeposit investment products, the Equal Credit Opportunity Act, the Fair Debt Collection Practices Act, resolving complaints, predatory loans, losing a wallet or purse, and identity theft. A resource list is included. (AR) (AgeLine Database, copyright 2005 EBSCO Publishing, Inc., all rights reserved) KW - AARP Foundation Publications KW - AARP Publications KW - Adult Education KW - Consumer Guides KW - Consumer Protection KW - Curriculum KW - Financial Institutions KW - Legal Rights KW - Legislation KW - Money Management KW - Older Adults KW - Personal Guides KW - United States UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=gnh&AN=110222&site=ehost-live&scope=site DP - EBSCOhost DB - gnh ER - TY - BOOK T1 - Money matters T3 - FDIC financial education curriculum Y1 - 2004/12/01/ SP - 15p. M3 - Book PB - AARP Foundation, Washington, DC; and Federal Deposit Insurance Corporation, Division of Compliance and Consumer Affairs, Washington, DC AV - Some recent publications are available from AARP. For one free copy, write to AARP Fulfillment, 601 E Street, NW, Washington, DC 20049, Telephone: 888-687-2277. Web site: www.aarp.org N1 - Accession Number: 110220. Corporate Author: AARP Foundation; Federal Deposit Insurance Corporation. Division of Compliance and Consumer Affairs. Target Audience: General/Consumer. N2 - Provides a reprinting of one of the Federal Deposit Insurance Corporation (FDIC) Money Smart financial education curriculum publications covering an introduction to money management. The course introduces the basics of preparing a personal budget. Worksheets provide a daily spending diary, tally of income and expenses, monthly payment schedule, and monthly payment calendar. (AR) (AgeLine Database, copyright 2005 EBSCO Publishing, Inc., all rights reserved) KW - AARP Publications KW - Older Adults KW - United States KW - AARP Foundation Publications KW - Money Management KW - Adult Education KW - Curriculum KW - Family Budgets KW - Budgets KW - Income KW - Consumer Expenditures KW - Record Keeping KW - Consumer Guides KW - Personal Guides UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=gnh&AN=110220&site=ehost-live&scope=site DP - EBSCOhost DB - gnh ER - TY - BOOK T1 - Pay yourself first T3 - FDIC financial education curriculum Y1 - 2004/12/01/ SP - 19p. M3 - Book PB - AARP Foundation, Washington, DC; and Federal Deposit Insurance Corporation, Division of Compliance and Consumer Affairs, Washington, DC AV - Some recent publications are available from AARP. For one free copy, write to AARP Fulfillment, 601 E Street, NW, Washington, DC 20049, Telephone: 888-687-2277. Web site: www.aarp.org N1 - Accession Number: 110219. Corporate Author: AARP Foundation; Federal Deposit Insurance Corporation. Division of Compliance and Consumer Affairs. Target Audience: General/Consumer. N2 - Provides a reprinting of one of the Federal Deposit Insurance Corporation (FDIC) Money Smart financial education curriculum publications covering an introduction to saving. The course introduces the basics of saving, from how to get started to how money can grow when consumers save. Information is provided on compound interest, individual development accounts, electronic transfer accounts, and Section 529 plans. A glossary is included. (AR) (AgeLine Database, copyright 2005 EBSCO Publishing, Inc., all rights reserved) KW - AARP Foundation Publications KW - AARP Publications KW - Adult Education KW - Consumer Guides KW - Curriculum KW - Glossaries KW - Interest KW - Money Management KW - Older Adults KW - Personal Guides KW - Savings KW - United States UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=gnh&AN=110219&site=ehost-live&scope=site DP - EBSCOhost DB - gnh ER - TY - BOOK T1 - To your credit T3 - FDIC financial education curriculum Y1 - 2004/12/01/ SP - 13p. M3 - Book PB - AARP Foundation, Washington, DC; and Federal Deposit Insurance Corporation, Division of Compliance and Consumer Affairs, Washington, DC AV - Some recent publications are available from AARP. For one free copy, write to AARP Fulfillment, 601 E Street, NW, Washington, DC 20049, Telephone: 888-687-2277. Web site: www.aarp.org N1 - Accession Number: 110216. Corporate Author: AARP Foundation; Federal Deposit Insurance Corporation. Division of Compliance and Consumer Affairs. Target Audience: General/Consumer. N2 - Provides a reprinting of one of the Federal Deposit Insurance Corporation (FDIC) Money Smart financial education curriculum publications covering an introduction to building a positive credit history. The course provides information on credit reports, identity theft, how to repair credit, and available resources. (AR) (AgeLine Database, copyright 2005 EBSCO Publishing, Inc., all rights reserved) KW - AARP Publications KW - Older Adults KW - United States KW - AARP Foundation Publications KW - Money Management KW - Adult Education KW - Curriculum KW - Credit KW - Record Keeping KW - Consumer Guides KW - Personal Guides UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=gnh&AN=110216&site=ehost-live&scope=site DP - EBSCOhost DB - gnh ER - TY - JOUR AU - Burton, Steven AU - Seale, Gary A. AD - Federal Deposit Insurance Corporation AD - Federal Deposit Insurance Corporation T1 - A Survey of Current and Potential Uses of Market Data by the FDIC JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2005/// VL - 17 IS - 1 SP - 1 EP - 17 N1 - Accession Number: 0818742; Keywords: Bank; Deposit Insurance; Deposit; FDIC; Thrift; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200602 N2 - Is market information useful to regulators? This paper discusses how supervisors of banks and thrifts currently use market information. It then explores possible applications of market information for FDIC activities, such as deposit insurance pricing and management of the insurance funds. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0818742&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Yom, Chiwon AD - Federal Deposit Insurance Corporation T1 - Recently Chartered Banks' Vulnerability to Real Estate Crisis JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2005/// VL - 17 IS - 2 SP - 1 EP - 15 N1 - Accession Number: 0818744; Keywords: Bank; Deposit Insurance; Deposit; FDIC; Real Estate; Thrift; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200602 N2 - Is market information useful to regulators? This paper discusses how supervisors of banks and thrifts currently use market information. It then explores possible applications of market information for FDIC activities, such as deposit insurance pricing and management of the insurance funds. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Firm Performance: Size, Diversification, and Scope L25 KW - Real Estate Markets, Spatial Production Analysis, and Firm Location: General R30 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0818744&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Davison, Lee AD - Federal Deposit Insurance Corporation T1 - Politics and Policy: The Creation of the Resolution Trust Corporation JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2005/// VL - 17 IS - 2 SP - 17 EP - 44 N1 - Accession Number: 0818745; Keywords: Policy; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200602 N2 - With the tenth anniversary (in December 2005) of the RTC's closure approaching, this paper examines both the political debates and the legislative processes that shaped the agency's creation in 1989. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0818745&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Yom, Chiwon AD - Federal Deposit Insurance Corporation T1 - Limited-Purpose Banks: Their Specialties, Performance, and Prospects JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2005/// VL - 17 IS - 1 SP - 19 EP - 36 N1 - Accession Number: 0818743; Keywords: Bank; Credit Card; Credit; Financial Service; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200602 N2 - Although credit card bank, subprime lenders, and internet primary banks make up only a small part of the financial services industry, their unique characteristics and distinctive business models have attracted considerable attention. This paper examines the special characteristics, performance, and future prospects of these limited-purpose banks. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0818743&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Jones, Kenneth D. AU - Chau Nguyen T1 - Increased Concentration in Banking: Megabanks and Their Implications for Deposit Insurance. JO - Financial Markets, Institutions & Instruments JF - Financial Markets, Institutions & Instruments Y1 - 2005/02// VL - 14 IS - 1 M3 - Article SP - 1 EP - 42 SN - 09638008 AB - During the past two decades, the U.S. banking industry has experienced an unprecedented wave of consolidation, marked by a substantial decline in the number of insured depository institutions and the emergence of banking behemoths with assets totaling in the hundreds of billions of dollars. This unparalleled concentration of assets and deposits among a handful of "megabanks" has important implications for deposit insurance. Most importantly, the Federal Deposit Insurance Corporation (FDIC) now faces a situation in which the failure of even a single megabank could overwhelm the resources immediately available to the deposit insurance system and expose both the banking industry and the government (i.e., taxpayers) to huge potential liabilities. This article highlights the current structure of the banking industry, examines the threat that this structure poses to the deposit insurance funds, and suggests possible approaches for dealing with megabanks and the increasing concentration of insured deposits. [ABSTRACT FROM AUTHOR] AB - Copyright of Financial Markets, Institutions & Instruments is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK mergers KW - DEPOSIT insurance KW - BANKING industry KW - FINANCIAL crises KW - DEPOSIT banking KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 16186282; Jones, Kenneth D. 1; Chau Nguyen 2; Affiliations: 1: senior financial economist, FDIC, Division of Insurance and Research; 2: senior financial analyst, FDIC, Division of Insurance and Research; Issue Info: Feb2005, Vol. 14 Issue 1, p1; Thesaurus Term: BANK mergers; Thesaurus Term: DEPOSIT insurance; Thesaurus Term: BANKING industry; Thesaurus Term: FINANCIAL crises; Thesaurus Term: DEPOSIT banking ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 42p; Illustrations: 5 Charts, 8 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=16186282&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Jobst, Andreas T1 - The regulatory treatment of asset securitisation: The Basel Securitisation Framework explained. JO - Journal of Financial Regulation & Compliance JF - Journal of Financial Regulation & Compliance Y1 - 2005/02// VL - 13 IS - 1 M3 - Article SP - 15 EP - 42 SN - 13581988 AB - This paper provides a comprehensive overview of the gradual evolution of the supervisory policy adopted by the Basel Committee for the regulatory treatment of asset securitisation. The pathology of the new 'securitisation framework' is carefully highlighted to facilitate a general understanding of what constitutes the current state of computing adequate capital requirements for securitised credit exposures. Although a simplified sensitivity analysis of the varying levels of capital charges depending on the security design of asset securitisation transactions is incorporated, the author does not engage in a profound analysis of the benefits and drawbacks implicated in the new securitisation framework. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial Regulation & Compliance is the property of Emerald Group Publishing Limited and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - ASSET-backed financing KW - CORPORATIONS -- Finance KW - CAPITAL requirements KW - RESERVE requirements KW - CREDIT KW - asset securitisation KW - banking regulation KW - Basel 2 KW - Basel committee KW - regulatory capital requirements KW - supervisory formula N1 - Accession Number: 16334834; Jobst, Andreas 1,2; Email Address: ajobst@fdic.gov; Affiliations: 1: Federal Deposit Insurance Corporation (FDIC), Division of Insurance and Research & Center for Financial Research (CFR), 550 17th Street NW, Room 2007 Washington, DC 20429, USA; 2: London School of Economics and Political Science (LSE), Dept. of Accounting and Finance, and Financial Markets Group (FMG), Houghton Street, London, UK; Issue Info: Feb2005, Vol. 13 Issue 1, p15; Thesaurus Term: ASSET-backed financing; Thesaurus Term: CORPORATIONS -- Finance; Thesaurus Term: CAPITAL requirements; Thesaurus Term: RESERVE requirements; Thesaurus Term: CREDIT; Author-Supplied Keyword: asset securitisation; Author-Supplied Keyword: banking regulation; Author-Supplied Keyword: Basel 2; Author-Supplied Keyword: Basel committee; Author-Supplied Keyword: regulatory capital requirements; Author-Supplied Keyword: supervisory formula; NAICS/Industry Codes: 522294 Secondary Market Financing; NAICS/Industry Codes: 526981 Securitization vehicles; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 522390 Other Activities Related to Credit Intermediation; Number of Pages: 28p; Illustrations: 1 Diagram, 5 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=16334834&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Shively, Philip A. T1 - The nonlinear dynamics of interest rates. JO - Applied Financial Economics Letters JF - Applied Financial Economics Letters Y1 - 2005/03// VL - 1 IS - 2 M3 - Article SP - 71 EP - 74 SN - 17446546 AB - This note evaluates the nonlinear dynamics of interest rates using a three regime threshold random-walk model and daily, annualized 3-month, 6-month, 1-year, 5-year, 10-year and 30-year US Treasury rates from 4 January 1971 to 31 December 2002. The idea behind this model is that loans occur in all three regimes, but there is an added incentive to lend (borrow) money after interest rates rise (fall) by a large amount. This model finds statistically-significant evidence that interest rates are consistent with a regime-reverting process where on average, interest rates in the two outer regimes revert to the middle regime. This regime-reverting process implies that interest rates have a stabilizing force consistent with a reversal effect. [ABSTRACT FROM AUTHOR] AB - Copyright of Applied Financial Economics Letters is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - INTEREST rates -- Mathematical models KW - LOANS KW - INTEREST rates KW - NONLINEAR models (Statistics) KW - ECONOMIC aspects KW - UNITED States KW - UNITED States. Dept. of the Treasury N1 - Accession Number: 99535524; Shively, Philip A. 1; Email Address: pshively@fdic.gov; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Corporation, 550 17th Street, NW, Room 4206, Washington DC 20429, USA.; Issue Info: Mar2005, Vol. 1 Issue 2, p71; Thesaurus Term: INTEREST rates -- Mathematical models; Thesaurus Term: LOANS; Thesaurus Term: INTEREST rates; Subject Term: NONLINEAR models (Statistics); Subject Term: ECONOMIC aspects; Subject Term: UNITED States ; Company/Entity: UNITED States. Dept. of the Treasury; NAICS/Industry Codes: 921130 Public Finance Activities; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 4p; Illustrations: 2 Charts; Document Type: Article L3 - 10.1080/17446540500047262 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=99535524&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - BOOK T1 - Charge it right T3 - FDIC financial education curriculum Y1 - 2005/03/01/ SP - 14p. M3 - Book PB - AARP Foundation, Washington, DC; and Federal Deposit Insurance Corporation, Division of Compliance and Consumer Affairs, Washington, DC AV - Some recent publications are available from AARP. For one free copy, write to AARP Fulfillment, 601 E Street, NW, Washington, DC 20049, Telephone: 888-687-2277. Web site: www.aarp.org N1 - Accession Number: 110224. Corporate Author: AARP Foundation; Federal Deposit Insurance Corporation. Division of Compliance and Consumer Affairs. Target Audience: General/Consumer. N2 - Provides a reprinting of one of the Federal Deposit Insurance Corporation (FDIC) Money Smart financial education curriculum publications covering effective use of a credit card. The course provides information on the costs and benefits of having a credit card. A worksheet offers a credit card comparison chart. A glossary is included. (AR) (AgeLine Database, copyright 2005 EBSCO Publishing, Inc., all rights reserved) KW - AARP Publications KW - Older Adults KW - United States KW - AARP Foundation Publications KW - Money Management KW - Adult Education KW - Curriculum KW - Credit KW - Loans KW - Debts KW - Glossaries KW - Consumer Guides KW - Personal Guides UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=gnh&AN=110224&site=ehost-live&scope=site DP - EBSCOhost DB - gnh ER - TY - JOUR AU - Burns, Robert L. T1 - Economic Capital and the Assessment of Capital Adequacy. JO - RMA Journal JF - RMA Journal Y1 - 2005/04// VL - 87 IS - 7 M3 - Article SP - 54 EP - 62 SN - 15310558 AB - Presents a reprint of an article about economic capital and the assessment of capital adequacy of banks. Uses and significance of economic capital models; Explanation on the economic capital allocation for commercial credit risk; Calculation of minimum regulatory capital under the revised Basel framework. KW - BANK capital KW - COMMERCIAL credit KW - CREDIT risk KW - BANKING industry KW - CAPITAL N1 - Accession Number: 16661005; Burns, Robert L. 1; Affiliations: 1: Senior examiner, Large Financial Institutions, Federal Deposit Insurance Corporation, Washington, D. C.; Issue Info: Apr2005, Vol. 87 Issue 7, p54; Thesaurus Term: BANK capital; Thesaurus Term: COMMERCIAL credit; Thesaurus Term: CREDIT risk; Thesaurus Term: BANKING industry; Thesaurus Term: CAPITAL; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522110 Commercial Banking; Number of Pages: 9p; Illustrations: 5 Charts, 2 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=16661005&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Gabriel, Stephen C. T1 - What Drives C&I Credit Quality? JO - Commercial Lending Review JF - Commercial Lending Review Y1 - 2005/05// VL - 20 IS - 3 M3 - Article SP - 35 EP - 47 SN - 08868204 AB - The article examines the relationship between commercial and industrial (C&I) loan charge-offs and other factors that affect commercial loan performance in the U.S. The following variables influence commercial loan performance: lending standards, C&I credit quality, corporate profitability and economic growth. The C&I loan charge-off rate is associated with the corporate bond issuer default rate. KW - COMMERCIAL loans KW - LOANS KW - COMMERCIAL credit KW - PROFITABILITY KW - ECONOMIC development KW - UNITED States N1 - Accession Number: 19527548; Gabriel, Stephen C. 1; Email Address: sgabriel@fdic.gov.; Affiliations: 1: Senior Financial Economist with the Division of Insurance and Research, Federal Deposit Insurance Corporation (FDIC); Issue Info: May2005, Vol. 20 Issue 3, p35; Thesaurus Term: COMMERCIAL loans; Thesaurus Term: LOANS; Thesaurus Term: COMMERCIAL credit; Thesaurus Term: PROFITABILITY; Thesaurus Term: ECONOMIC development; Subject: UNITED States; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=19527548&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kupiec, Paul AU - Nickerson, David T1 - Insurers are not Banks: Assessing Liquidity, Efficiency and Solvency Risk Under Alternative Approaches to Capital Adequacy. JO - Geneva Papers on Risk & Insurance - Issues & Practice JF - Geneva Papers on Risk & Insurance - Issues & Practice Y1 - 2005/07// VL - 30 IS - 3 M3 - Article SP - 498 EP - 521 PB - Palgrave Macmillan Ltd. SN - 10185895 AB - Differences in the portfolios of depositories and insurance and reinsurance firms are important for the design of efficient capital regulations. Using a simple contingent claims model which focuses on credit risk and in which intermediaries issue liabilities under conditions of moral hazard, we illustrate three effects of risk-based capital regulations on institutional solvency risk, liquidity and economic efficiency. First, assuming identical asset risks to depositories, insurers that issue significant amounts of contingent liabilities may exhibit a zero risk of insolvency while holding significantly less equity capital than depositories. Second, higher capital requirements must be placed on depositories to attain the same degree of solvency risk, owing to the riskless payoffs promised for bank deposits and similar liabilities. Third, while bank-based capital regulations cannot resolve losses associated with systemic financial risk, capital regulations that incorporate incentive-compatible tax penalties to mitigate moral hazard effects can do so by increasing both liquidity and spanning. We conclude that distortions occur when measuring the solvency risk of insurers and other non-bank intermediaries with bank-based capital regulations and that uniform harmonization of capital regulations across depositories and insurers can significantly reduce aggregate liquidity and efficiency. [ABSTRACT FROM AUTHOR] AB - Copyright of Geneva Papers on Risk & Insurance - Issues & Practice is the property of Palgrave Macmillan Ltd. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - INVESTMENTS KW - INSURANCE companies KW - BANKING industry KW - RISK management in business KW - CREDIT risk KW - CAPITAL KW - banking KW - Basel KW - capital regulation KW - contingent claims KW - credit risk KW - insurance N1 - Accession Number: 18775191; Kupiec, Paul 1; Nickerson, David 2; Email Address: dnickerson@roosevelt.edu; Affiliations: 1: Center for Financial Research, Federal Deposit Insurance Corporation, Washington DC, U.S.A.; 2: School of Accounting and Finance, Roosevelt University, Chicago, IL, U.S.A.; Issue Info: Jul2005, Vol. 30 Issue 3, p498; Thesaurus Term: INVESTMENTS; Thesaurus Term: INSURANCE companies; Thesaurus Term: BANKING industry; Thesaurus Term: RISK management in business; Thesaurus Term: CREDIT risk; Thesaurus Term: CAPITAL; Author-Supplied Keyword: banking; Author-Supplied Keyword: Basel; Author-Supplied Keyword: capital regulation; Author-Supplied Keyword: contingent claims; Author-Supplied Keyword: credit risk; Author-Supplied Keyword: insurance; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 524112 Direct group life, health and medical insurance carriers; NAICS/Industry Codes: 524210 Insurance Agencies and Brokerages; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; NAICS/Industry Codes: 524114 Direct Health and Medical Insurance Carriers; NAICS/Industry Codes: 523930 Investment Advice; NAICS/Industry Codes: 523999 Miscellaneous Financial Investment Activities; Number of Pages: 24p; Illustrations: 10 Charts; Document Type: Article L3 - 10.1057/palgrave.gpp.2510038 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=18775191&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Jobst, Andreas A. T1 - Tranche Pricing in Subordinated Loan Securitization. JO - Journal of Structured Finance JF - Journal of Structured Finance Y1 - 2005///Summer2005 VL - 11 IS - 2 M3 - Article SP - 64 EP - 96 PB - Euromoney Institutional Investor PLC SN - 15519783 AB - Explains a single-factor, loss-based asset pricing model for the estimation of the default term structure and the valuation of default-sensitive contingent claims held by risk-neutral investors in a collaterized loan obligations-style loan securitization. Management of both economic and regulatory capital of on-balance-sheet exposures via capital markets; Ways to transfer asset risk among banks, non-bank financial institutions, insurance companies and other money managers; Overview of the analysis of extreme loss quantiles. KW - DEFAULT (Finance) KW - CAPITALISTS & financiers KW - LOANS KW - ASSET-backed financing KW - CAPITAL market KW - INSURANCE companies N1 - Accession Number: 20475143; Jobst, Andreas A. 1,2; Email Address: ajobst@imf.org; Affiliations: 1: Economist, International Monetary Fund; 2: Visiting Fellow, Federal Deposit Insurance Corporation (FDIC), Washington, DC; Issue Info: Summer2005, Vol. 11 Issue 2, p64; Thesaurus Term: DEFAULT (Finance); Thesaurus Term: CAPITALISTS & financiers; Thesaurus Term: LOANS; Thesaurus Term: ASSET-backed financing; Thesaurus Term: CAPITAL market; Thesaurus Term: INSURANCE companies; NAICS/Industry Codes: 526981 Securitization vehicles; NAICS/Industry Codes: 522294 Secondary Market Financing; NAICS/Industry Codes: 524112 Direct group life, health and medical insurance carriers; NAICS/Industry Codes: 524210 Insurance Agencies and Brokerages; NAICS/Industry Codes: 524114 Direct Health and Medical Insurance Carriers; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 33p; Illustrations: 1 Diagram, 15 Charts, 4 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=20475143&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Shively, Philip A. T1 - Threshold nonlinear interest rates JO - Economics Letters JF - Economics Letters Y1 - 2005/09// VL - 88 IS - 3 M3 - Article SP - 313 EP - 317 SN - 01651765 AB - Abstract: This note shows that the Federal funds rate is consistent with a nonlinear, three-regime threshold process in which temporary (permanent) innovations dominate in the two outer (middle) regimes. This nonlinear process is consistent with a stabilizing force for interest rates. [Copyright &y& Elsevier] AB - Copyright of Economics Letters is the property of Elsevier Science and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - FEDERAL funds market (U.S.) KW - INTEREST rates KW - NONLINEAR models (Statistics) KW - UNITED States KW - C32 KW - Federal funds KW - Structural bivariate threshold model KW - Temporary–permanent decomposition KW - Threshold nonlinearity N1 - Accession Number: 18157343; Shively, Philip A. 1; Email Address: PShively@fdic.gov; Affiliations: 1: Federal Deposit Insurance Corporation, Division of Insurance and Research, 550 17th Street, NW, Room MB-4206, Washington DC, 20429, USA; Issue Info: Sep2005, Vol. 88 Issue 3, p313; Thesaurus Term: FEDERAL funds market (U.S.); Thesaurus Term: INTEREST rates; Subject Term: NONLINEAR models (Statistics); Subject: UNITED States; Author-Supplied Keyword: C32; Author-Supplied Keyword: Federal funds; Author-Supplied Keyword: Structural bivariate threshold model; Author-Supplied Keyword: Temporary–permanent decomposition; Author-Supplied Keyword: Threshold nonlinearity; Number of Pages: 5p; Document Type: Article L3 - 10.1016/j.econlet.2004.12.032 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=18157343&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - CHAP AU - Krimminger, Michael AD - Federal Deposit Insurance Corporation A2 - Caprio, Gerard, Jr. A2 - Evanoff, Douglas D. A2 - Kaufman, George G. T1 - Banking in a Changing World: Issues and Questions in the Resolution of Cross-Border Banks T2 - Cross-Border Banking: Regulatory Challenges PB - Studies in International Economics, vol. 1. PB - Hackensack, N.J. and Singapore: PB - World Scientific Y1 - 2006/// SP - 401 EP - 422 N1 - Accession Number: 0965970; Reviewed Book ISBN: 981-256-829-8; Keywords: Bank; Banking; Geographic Descriptors: Australia; EU; New Zealand; Nordic Countries; U.S.; Geographic Region: Oceania; Europe; Northern America; Publication Type: Collective Volume Article; Update Code: 200804 KW - Multinational Firms; International Business F23 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Bankruptcy; Liquidation G33 KW - Business and Securities Law K22 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0965970&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Bradley, Christine M. AU - Shibut, Lynn AD - Federal Deposit Insurance Corporation AD - Federal Deposit Insurance Corporation T1 - The Liability Structure of FDIC-Insured Institutions: Changes and Implications JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2006/// VL - 18 IS - 2 SP - 1 EP - 37 N1 - Accession Number: 0869959; Keywords: Bank; Deposit Insurance; Deposit; FDIC; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200611 N2 - As asset growth has outstripped core deposit growth in recent years, banks have adapted their funding strategies. This article describes the changes that have occurred, discusses possible future changes in bank liability structure, and explores the regulatory issues related to these changes (including the areas of market discipline, liquidity risk examination, deposit insurance, and failure resolution). KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0869959&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Davison, Lee AD - Federal Deposit Insurance Corporation T1 - The Resolution Trust Corporation and Congress, 1989-1993 JO - FDIC Banking Review JF - FDIC Banking Review Y1 - 2006/// VL - 18 IS - 2 SP - 38 EP - 60 N1 - Accession Number: 0869960; Keywords: Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200611 N2 - This is the second of two Banking Review articles examining the legislative history of the Resolution Trust Corporation, which closed just over a decade ago. The first article dealt with the agency's creation in 1989; this article, the first part of which appears in this issue, explores the legislative record and the relationship between the RTC and Congress in the years following. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/banking/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0869960&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/banking/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - King, Thomas B. AU - Nuxoll, Daniel A. AU - Yeager, Timothy J. AD - Federal Reserve Bank of St Louis AD - Federal Deposit Insurance Corporation AD - U AR T1 - Are the Causes of Bank Distress Changing? Can Researchers Keep Up? JO - Federal Reserve Bank of St. Louis Review JF - Federal Reserve Bank of St. Louis Review Y1 - 2006/01//January-February 2006 VL - 88 IS - 1 SP - 57 EP - 80 SN - 00149187 N1 - Accession Number: 0833283; Keywords: Bank; Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200605 N2 - Since 1990, the banking sector has experienced enormous legislative, technological, and financial changes, yet research into the causes of bank distress has slowed. One consequence is that traditional supervisory surveillance models may not capture important risks inherent in the current banking environment. After reviewing the history of these models, the authors provide empirical evidence that the characteristics of failing banks have changed in the past ten years and argue that the time is right for new research that employs new empirical techniques. In particular, dynamic models that use forward-looking variables and address various types of bank risk individually are promising lines of inquiry. Supervisory agencies have begun to move in these directions, and the authors describe several examples of this new generation of early-warning models that are not yet widely known among academic banking economists. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Bankruptcy; Liquidation G33 L3 - http://research.stlouisfed.org/publications/review/past/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0833283&site=ehost-live&scope=site UR - http://research.stlouisfed.org/publications/review/past/ DP - EBSCOhost DB - ecn ER - TY - CHAP AU - Kupiec, Paul AD - Federal Deposit Insurance Corporation A2 - Carey, Mark A2 - Stulz, Rene M. T1 - Estimating Bank Trading Risk: A Factor Model Approach: Comment on Chapters 1 and 2 T2 - The Risks of Financial Institutions PB - A National Bureau of Economic Research Conference Report. Chicago and London: University of Chicago Press Y1 - 2006/// SP - 95 EP - 100 N1 - Accession Number: 0973714; Reviewed Book ISBN: 978-0-226-09285-0; Keywords: Bank; Geographic Descriptors: Selected Countries; Publication Type: Collective Volume Article; Update Code: 200806 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0973714&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Fissel, Gary S. AU - Goldberg, Lawrence AU - Hanweck, Gerald A. T1 - Bank portfolio exposure to emerging markets and its effects on bank market value JO - Journal of Banking & Finance JF - Journal of Banking & Finance Y1 - 2006/04// VL - 30 IS - 4 M3 - Article SP - 1103 EP - 1126 SN - 03784266 AB - Abstract: This study estimates a model of banking company equity returns taking into consideration book value and market value measures of their exposure to emerging markets debt. In this estimation, general systematic market factors, such as the rate of return on the S&P500 stock index and yields on a constant maturity 5-year Treasury note, are held constant such that the exposure variables are accounting for effects due to banks’ exposure to emerging market debt. The results, although not uniform among banking companies, support the hypothesis that the extent of exposure to emerging market debt are factored into the valuation of banking company equity contemporaneously. The inclusion of a market value indicator adds to the explanation of equity returns of some banks. It is also clear that knowing the extent of the exposure on a book value basis is important information alone that may allow investors to take account of or evaluate the effects of changes in banking company equity valuation from LDC debt exposures. We also perform an event study for three major debt crises to determine whether the market recognizes the effects of these events on bank valuation. The event study results show that there is little information from identifying the time period of the crises on banking company equity returns. Explanations for this are that the information of these possible crises has been embedded in bank changes in exposure and that the market valuation of the emerging market debt is already accounted for by our model. [Copyright &y& Elsevier] AB - Copyright of Journal of Banking & Finance is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BOOK value KW - MARKET value KW - EMERGING markets KW - DEBT KW - RATE of return KW - BANKING industry KW - Bank value KW - Debt information KW - Emerging market crises N1 - Accession Number: 20559079; Fissel, Gary S. 1; Email Address: gfissel@fdic.gov; Goldberg, Lawrence 2; Hanweck, Gerald A. 3,4; Email Address: ghanweck@gmu.edu; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Corporation, Washington (DC), USA; 2: Department of Finance, University of Miami, Coral Gables, FL 33124, USA; 3: School of Management, George Mason University, 4400 University Drive, Fairfax, VA 22030, USA; 4: Visiting Scholar, Division of Insurance and Research, FDIC, Washington (DC), USA; Issue Info: Apr2006, Vol. 30 Issue 4, p1103; Thesaurus Term: BOOK value; Thesaurus Term: MARKET value; Thesaurus Term: EMERGING markets; Thesaurus Term: DEBT; Thesaurus Term: RATE of return; Thesaurus Term: BANKING industry; Author-Supplied Keyword: Bank value; Author-Supplied Keyword: Debt information; Author-Supplied Keyword: Emerging market crises; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; Number of Pages: 24p; Document Type: Article L3 - 10.1016/j.jbankfin.2005.05.013 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=20559079&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Jones, Yvonne D. AU - Bies, Susan Schmidt AU - Gruenberg, Martin J. T1 - Bank Secrecy Act: Opportunities Exist for FinCEN and the Banking Regulators to Further Strengthen the Framework for Consistent BSA Oversight: GAO-06-386. JO - GAO Reports JF - GAO Reports Y1 - 2006/05/30/ M3 - Article SP - 1 PB - U.S. Government Accountability Office AB - The U.S. government's framework for preventing, detecting, and prosecuting money laundering has been expanding through additional pieces of legislation since the passage of the Bank Secrecy Act (BSA) in 1970. In recent years, noncompliance with BSA requirements has raised concerns in Congress about the ability of federal banking regulators to oversee compliance at depository institutions and ensure that these institutions have the controls necessary to identify suspicious activity. In light of these concerns, GAO was asked to determine how federal banking regulators examine for BSA compliance and identify and track violations to ensure timely corrective action. GAO also was asked to determine how enforcement actions are taken for violations of the BSA. Before 2005, each regulator used separately developed, but similar, examination procedures to assess compliance with the BSA. However, in 2005, in an effort to establish more consistency in examination procedures and application, the regulators, with participation from the Financial Crimes Enforcement Network (FinCEN), jointly developed and issued an interagency BSA examination procedures manual. The manual describes risk assessments for BSA examinations and recognizes that the risks evolve and vary among institutions. They also conducted nationwide training on the new procedures for examiners and others. The new procedures retain the risk-focused approach of the prior procedures, requiring examiners to apply a higher level of scrutiny to the institution's lines of business that carry a higher risk for potential money laundering or noncompliance with the BSA. The regulators are committed to updating the manual annually. Recent improvements to the automated tracking systems the regulators use to monitor BSA examinations have allowed regulators to better record and track BSA-related information. The regulators' data showed that the number of BSA-related violations generally increased from 2000 to 2004. Among the frequently cited violations in 2003 and 2004 were violations issued in connection with currency transaction reporting requirements. The system upgrades also allowed regulators to more readily produce information for other users, such as FinCEN, which has overall responsibility for BSA administration. Under a September 2004, memorandum of understanding signed by the regulators and FinCEN, the regulators now share more specific BSA-related examination and violation data with FinCEN. The regulators have been conducting their own analyses of these data, and FinCEN has begun to provide analytic reports to the regulators that help identify compliance problems. FinCEN and the regulators have not yet worked through these data together to determine if additional guidance is needed to correct problems they are seeing. Also, despite their enhanced systems and reporting, GAO found differences in the regulators' guidance and the terminology used to classify certain BSA problems--with... [ABSTRACT FROM AUTHOR] AB - Copyright of GAO Reports is the property of U.S. Government Accountability Office and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING law & legislation KW - MONEY laundering KW - COMMERCIAL crimes KW - BANKING industry -- Corrupt practices KW - BANK examination KW - MONEY laundering investigation KW - PREVENTION KW - Bank management KW - Banking law KW - Banking regulation KW - Data collection KW - Federal regulations KW - Financial institutions KW - Internal controls KW - Money laundering KW - Noncompliance KW - Reporting requirements KW - Risk assessment KW - Risk management N1 - Accession Number: 21017909; Jones, Yvonne D. 1; Bies, Susan Schmidt 2; Gruenberg, Martin J. 3; Affiliations: 1: Director, Financial Markets and Community Investment; 2: Governor, Board of Governors of the Federal Reserve System; 3: Acting Chairman, Federal Deposit Insurance Corporation; Issue Info: 5/30/2006, p1; Thesaurus Term: BANKING law & legislation; Thesaurus Term: MONEY laundering; Thesaurus Term: COMMERCIAL crimes; Thesaurus Term: BANKING industry -- Corrupt practices; Thesaurus Term: BANK examination; Subject Term: MONEY laundering investigation; Subject Term: PREVENTION; Author-Supplied Keyword: Bank management; Author-Supplied Keyword: Banking law; Author-Supplied Keyword: Banking regulation; Author-Supplied Keyword: Data collection; Author-Supplied Keyword: Federal regulations; Author-Supplied Keyword: Financial institutions; Author-Supplied Keyword: Internal controls; Author-Supplied Keyword: Money laundering; Author-Supplied Keyword: Noncompliance; Author-Supplied Keyword: Reporting requirements; Author-Supplied Keyword: Risk assessment; Author-Supplied Keyword: Risk management; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 926150 Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors; Number of Pages: 135p; Illustrations: 1 Diagram, 9 Charts, 2 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=21017909&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Maechler, Andrea M. AU - McDill, Kathleen M. AD - International Monetary Fund AD - US Federal Deposit Insurance Corporation T1 - Dynamic Depositor Discipline in US Banks JO - Journal of Banking and Finance JF - Journal of Banking and Finance Y1 - 2006/07// VL - 30 IS - 7 SP - 1871 EP - 1898 SN - 03784266 N1 - Accession Number: 0867169; Keywords: Bank; Deposit; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200610 N2 - This paper captures banks' dynamic response to depositor discipline. Recognizing that the price and quantity response of uninsured deposits in the face of deteriorating fundamentals needs to be modeled as an endogenous process, we investigate how depositor discipline constrains banks' behavior by extracting the impact of an exogenous rise in interest rates on the quantity of uninsured deposits. We find that good banks can raise uninsured deposits by raising their price, while weak banks cannot. This suggests that depositor discipline not only raises the cost of choosing a higher level of risk but also may, at very high levels of risk, effectively constrain bank managers' behavior. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.sciencedirect.com/science/journal/03784266 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0867169&site=ehost-live&scope=site UR - http://dx.doi.org/10.1016/j.jbankfin.2005.07.010 UR - http://www.sciencedirect.com/science/journal/03784266 DP - EBSCOhost DB - ecn ER - TY - JOUR AU - DeYoung, Robert AU - Rice, Tara T1 - Erratum: Noninterest Income and Financial Performance at U.S. Commercial Banks. JO - Financial Review JF - Financial Review Y1 - 2006/08// VL - 41 IS - 3 M3 - Correction notice SP - 449 EP - 450 PB - Wiley-Blackwell SN - 07328516 AB - Presents a correction to the article "Noninterest Income and Financial Performance at U.S. Commercial Banks," published in the February 2004 issue of the journal. KW - BANKING industry N1 - Accession Number: 21436938; DeYoung, Robert 1; Rice, Tara; Affiliations: 1: Federal Deposit Insurance Corporation; Issue Info: Aug2006, Vol. 41 Issue 3, p449; Thesaurus Term: BANKING industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; Number of Pages: 2p; Illustrations: 2 Charts; Document Type: Correction notice L3 - 10.1111/j.1540-6288.2006.00152.x UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=21436938&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Davenport, Andrew AU - McDill, Kathleen T1 - The Depositor Behind the Discipline: A Micro-Level Case Study of Hamilton Bank. JO - Journal of Financial Services Research JF - Journal of Financial Services Research Y1 - 2006/08// VL - 30 IS - 1 M3 - Article SP - 93 EP - 109 SN - 09208550 AB - Though uninsured depositors are recognized as a source of market discipline, the possible disciplinary effect of decisions made by fully insured depositors have gone largely unexamined. Using proprietary administrative deposit data at the account level, this paper analyzes depositor behavior at a recently failed institution. The results suggest that although uninsured deposits exited at a greater rate than insured deposits, the vast majority of deposits withdrawn were fully insured. Among types of deposit accounts, the rates of withdrawal for fully insured individual, joint, and trust accounts were relatively high. Uninsured business account owners were highly sensitive to the bank's deteriorating condition. In contrast, owners of uninsured individual retirement accounts effectively exerted no market discipline. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial Services Research is the property of Springer Science & Business Media B.V. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - DEPOSIT banking KW - BANKING industry KW - BANK accounts KW - DEPOSIT accounts KW - PERSONAL finance KW - Account types KW - Depositor discipline KW - G20 KW - Insured KW - Uninsured N1 - Accession Number: 21845101; Davenport, Andrew 1; McDill, Kathleen 1; Affiliations: 1: Federal Deposit Insurance Corporation , Chicago USA; Issue Info: Aug2006, Vol. 30 Issue 1, p93; Thesaurus Term: DEPOSIT banking; Thesaurus Term: BANKING industry; Thesaurus Term: BANK accounts; Thesaurus Term: DEPOSIT accounts; Thesaurus Term: PERSONAL finance; Author-Supplied Keyword: Account types; Author-Supplied Keyword: Depositor discipline; Author-Supplied Keyword: G20; Author-Supplied Keyword: Insured; Author-Supplied Keyword: Uninsured; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 17p; Illustrations: 1 Chart, 6 Graphs; Document Type: Article L3 - 10.1007/s10693-006-8741-4 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=21845101&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - UNPB AU - Cangemi, Jr., Robert R. AU - Mason, Joseph R. AU - Pagano, Michael S. T1 - HOW MUCH OF A HAIRCUT? OPTIONS-BASED STRUCTURAL MODELING OF DEFAULTED BOND RECOVERY RATES. JO - Working Papers -- Financial Institutions Center at The Wharton School JF - Working Papers -- Financial Institutions Center at The Wharton School Y1 - 2006/08// M3 - Working Paper SP - 1 EP - 51 AB - The present paper characterizes the problem of estimating recoveries on defaulted debt in a real options optimal stopping framework that takes account of put-call parity conditions embedded within corporate capital structures. The paper hypothesizes that an optimal stopping problem can theoretically explain a large amount of the variability in losses on defaulted corporate debt securities, and that augmenting this approach by estimating in a system of equations that accounts for put-call parity conditions adds considerable explanatory power. Empirical tests with a large number of corporate defaults confirm the usefulness of the approach. Moreover, the approach creates a powerful framework for analyzing investor behavior across the business cycle. Increased volatility, combined with time-varying net discount rates around business cycle turning points, can result in stakeholders waiting longer in search of additional returns before renegotiating the debt "haircut," that is, the reduction in face value of debt and/or increase in stated maturity necessary to resolve the default. [ABSTRACT FROM AUTHOR] AB - Copyright of Working Papers -- Financial Institutions Center at The Wharton School is the property of University of Pennsylvania, Wharton School of Business and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - CORPORATE debt KW - CAPITAL structure KW - CORPORATIONS -- Finance KW - BUSINESS cycles KW - ACCOUNTS payable KW - BUSINESS conditions KW - DEBT cancellation KW - FINANCIAL performance KW - SECURITIES trading N1 - Accession Number: 23847629; Cangemi, Jr., Robert R. 1; Mason, Joseph R. 1; Email Address: joe.mason@drexel.edu; Pagano, Michael S. 2; Affiliations: 1: LeBow College of Business, Wharton Financial Institutions Center, and Federal Deposit Insurance Corporation.; 2: Villanova University.; Issue Info: 2006, Preceding p1; Thesaurus Term: CORPORATE debt; Thesaurus Term: CAPITAL structure; Thesaurus Term: CORPORATIONS -- Finance; Thesaurus Term: BUSINESS cycles; Thesaurus Term: ACCOUNTS payable; Thesaurus Term: BUSINESS conditions; Thesaurus Term: DEBT cancellation; Thesaurus Term: FINANCIAL performance; Thesaurus Term: SECURITIES trading; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 523110 Investment Banking and Securities Dealing; NAICS/Industry Codes: 523120 Securities Brokerage; Number of Pages: 51p; Document Type: Working Paper UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=23847629&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - BERGER, ALLEN N. AU - DEYOUNG, ROBERT T1 - Technological Progress and the Geographic Expansion of the Banking Industry. JO - Journal of Money, Credit & Banking (Ohio State University Press) JF - Journal of Money, Credit & Banking (Ohio State University Press) Y1 - 2006/09// VL - 38 IS - 6 M3 - Article SP - 1483 EP - 1513 PB - Ohio State University Press SN - 00222879 AB - We test some predictions about the effects of technological progress on geographic expansion using data on banks in U.S. multibank holding companies over 1985-98. Specifically, we test whether over time (1) parental control over affiliate banks has increased and (2) the agency costs of distance from the parent have decreased. The data suggest that banking organizations' control over affiliates has been increasing over time and that the agency costs of distance have decreased somewhat over time. The findings are consistent with the hypothesis that technological progress has facilitated the geographic expansion of the banking industry. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Money, Credit & Banking (Ohio State University Press) is the property of Ohio State University Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - TECHNOLOGICAL progress KW - HOLDING companies KW - AFFILIATED corporations KW - PARENT companies KW - BANKING industry KW - UNITED States KW - banks KW - efficiency KW - mergers KW - productivity KW - technological progress N1 - Accession Number: 21698771; BERGER, ALLEN N. 1; Email Address: aberger@frb.gov; DEYOUNG, ROBERT 2; Email Address: rdeyoung@fdic.gov; Affiliations: 1: Senior Economist of the Board of Governors, Federal Reserve System and Wharton Financial Institutions Center; 2: Associate Director, Research Branch, Federal Deposit Insurance Corporation; Issue Info: Sep2006, Vol. 38 Issue 6, p1483; Thesaurus Term: TECHNOLOGICAL progress; Thesaurus Term: HOLDING companies; Thesaurus Term: AFFILIATED corporations; Thesaurus Term: PARENT companies; Thesaurus Term: BANKING industry; Subject: UNITED States; Author-Supplied Keyword: banks; Author-Supplied Keyword: efficiency; Author-Supplied Keyword: mergers; Author-Supplied Keyword: productivity; Author-Supplied Keyword: technological progress; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 551113 Holding companies; NAICS/Industry Codes: 551112 Offices of Other Holding Companies; NAICS/Industry Codes: 551114 Corporate, Subsidiary, and Regional Managing Offices; Number of Pages: 31p; Illustrations: 5 Charts, 5 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=21698771&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Blair, Christine E. AU - Carns, Frederick AU - Kushmeider, Rose M. T1 - Instituting a deposit insurance system: Why? How? JO - Journal of Banking Regulation JF - Journal of Banking Regulation Y1 - 2006/10// VL - 8 IS - 1 M3 - Article SP - 4 EP - 19 PB - Palgrave Macmillan Ltd. SN - 17456452 AB - The number of countries either establishing or considering establishing a deposit insurance system has expanded rapidly in recent years. By 2005, 78 countries had instituted some form of an explicit deposit guarantee programme. In establishing a deposit insurance programme, each country must consider what it hopes to achieve and whether the system that is established is internally consistent with its goal(s). Circumstances unique to the country will have a significant bearing on what a deposit insurance system can achieve and how the system should be structured. This article discusses these issues and provides a series of questions designed to help evaluate the strengths and weaknesses of deposit insurance systems. Emphasis is placed on whether the design features are internally consistent and compatible with the goals of the deposit insurance system.Journal of Banking Regulation (2006) 8, 4–19. doi:10.1057/palgrave.jbr.2350038 [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Banking Regulation is the property of Palgrave Macmillan Ltd. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry KW - DEPOSIT insurance KW - BANK deposits KW - DEPOSIT banking KW - BANK insurance KW - DEPOSIT accounts KW - BUSINESS insurance KW - FINANCE N1 - Accession Number: 31139593; Blair, Christine E. 1; Email Address: cblair@fdic.gov; Carns, Frederick 1; Kushmeider, Rose M. 1; Affiliations: 1: Senior Financial Economist, Division of Insurance and Research, Federal Deposit Insurance Corporation, 550 17th Street NW, MB 2122, Washington, DC 20429, USA; Issue Info: Oct2006, Vol. 8 Issue 1, p4; Thesaurus Term: BANKING industry; Thesaurus Term: DEPOSIT insurance; Thesaurus Term: BANK deposits; Thesaurus Term: DEPOSIT banking; Thesaurus Term: BANK insurance; Thesaurus Term: DEPOSIT accounts; Thesaurus Term: BUSINESS insurance; Thesaurus Term: FINANCE; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; Number of Pages: 16p; Document Type: Article L3 - 10.1057/palgrave.jbr.2350038 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=31139593&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kupiec, Paul H. AD - US Federal Deposit Insurance Corporation T1 - Financial Stability and Basel II JO - Annals of Finance JF - Annals of Finance Y1 - 2007/01// VL - 3 IS - 1 SP - 107 EP - 130 SN - 16142446 N1 - Accession Number: 0912768; Keywords: Credit; Publication Type: Journal Article; Update Code: 200706 N2 - The Basel II Advanced Internal Ratings (AIRB) approach is compared to capital requirements set using an equilibrium structural credit risk model. Analysis shows the AIRB approach undercapitalizes credit risk relative to regulatory targets and allows wide variation in capital requirements for a given exposure owing to ambiguity in the definitions of loss given default and exposure at default. In contrast, the Foundation Internal Ratings Based (FIRB) approach may over-capitalize credit risk relative to supervisory objectives. It is unclear how Basel II will buttress financial sector stability as it specifies the weakest regulatory capital standard for large complex AIRB banks. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://link.springer.com/journal/volumesAndIssues/10436 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0912768&site=ehost-live&scope=site UR - http://link.springer.com/journal/volumesAndIssues/10436 DP - EBSCOhost DB - ecn ER - TY - JOUR AU - DeYoung, Robert AD - Federal Deposit Insurance Corporation T1 - Safety, Soundness, and the Evolution of the U.S. Banking Industry JO - Federal Reserve Bank of Atlanta Economic Review JF - Federal Reserve Bank of Atlanta Economic Review Y1 - 2007/// VL - 92 IS - 1-2 SP - 41 EP - 66 SN - 07321813 N1 - Accession Number: 0917556; Keywords: Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200707 N2 - Although the banking system appears to be safer and sounder today than it was two decades ago, new risk challenges have arisen that could not have been anticipated in the 1980s. This article outlines the fundamental structural changes in the U.S. commercial banking industry since then. The author's strategic analysis of the current state of the industry compares the "transactions banking" business model practiced by large financial companies to the more traditional relationship-based banking business model. In particular, the author focuses on the different production technologies, product mixes, strategic behaviors, and risk-return trade-offs that characterize these two opposite approaches. In closing, the article discusses what these new developments may mean for the industry's ongoing safety and soundness. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Bankruptcy; Liquidation G33 L3 - http://www.frbatlanta.org/pubs/economicreview/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0917556&site=ehost-live&scope=site UR - http://www.frbatlanta.org/pubs/economicreview/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Shively, Philip A. AD - Federal Deposit Insurance Corporation T1 - Asymmetric Temporary and Permanent Stock-Price Innovations JO - Journal of Empirical Finance JF - Journal of Empirical Finance Y1 - 2007/01// VL - 14 IS - 1 SP - 120 EP - 130 SN - 09275398 N1 - Accession Number: 0897300; Keywords: Stock Price; Stocks; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200704 N2 - This paper estimates a nonlinear, structural bivariate threshold model in order to identify independent temporary and permanent stock-price innovations in positive-return and negative-return regimes. The model finds that temporary innovations account for as much as 68% of the innovations after negative returns and less than 4% of the innovations after positive returns. This paper shows that the negative-return regime is also the high-volatility regime, a result that links the excess-volatility and asymmetric-volatility literatures. This link provides evidence that temporary stock-price innovations are due primarily to time-varying expected returns in an efficient market and not to a market inefficiency. KW - Asset Pricing; Trading Volume; Bond Interest Rates G12 KW - Information and Market Efficiency; Event Studies; Insider Trading G14 L3 - http://www.sciencedirect.com/science/journal/09275398 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0897300&site=ehost-live&scope=site UR - http://dx.doi.org/10.1016/j.jempfin.2006.04.003 UR - http://www.sciencedirect.com/science/journal/09275398 DP - EBSCOhost DB - ecn ER - TY - CHAP AU - Moser, Caroline AU - Felton, Andrew AD - Brookings Institution AD - Federal Deposit Insurance Corporation A2 - Moser, Caroline O. N. T1 - Intergenerational Asset Accumulation and Poverty Reduction in Guayaquil, Ecuador, 1978-2004 T2 - Reducing Global Poverty: The Case for Asset Accumulation PB - Washington, D.C.: Brookings Institution Press Y1 - 2007/// SP - 15 EP - 49 N1 - Accession Number: 0989990; Reviewed Book ISBN: 978-0-8157-5857-0; Keywords: Poverty; Geographic Descriptors: Ecuador; Geographic Region: Latin America and the Caribbean; Publication Type: Collective Volume Article; Update Code: 200809 KW - Household Saving; Personal Finance D14 KW - Measurement and Analysis of Poverty I32 KW - Human Capital; Skills; Occupational Choice; Labor Productivity J24 KW - Economic Development: Human Resources; Human Development; Income Distribution; Migration O15 KW - Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure O18 KW - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes R11 KW - Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics R23 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0989990&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - DeYoung, Robert AU - Lang, William W. AU - Nolle, Daniel L. T1 - How the Internet affects output and performance at community banks JO - Journal of Banking & Finance JF - Journal of Banking & Finance Y1 - 2007/04// VL - 31 IS - 4 M3 - Article SP - 1033 EP - 1060 SN - 03784266 AB - Abstract: Internet web sites have become an important alternative distribution channel for most banking institutions. However, we still know little about the impact of this delivery channel on bank performance. We observe 424 community banks among the first wave of US banks to adopt transactional banking web sites in the late-1990s, and compare the change in their 1999–2001 financial performance to that of 5175 branching-only community banks. Whereas today virtually all viable community banking franchises offer the Internet banking channel, studying this earlier time period allows us to make clean comparisons between subsamples of “brick-and-mortar” and “click-and-mortar” community banks. We find that Internet adoption improved community bank profitability, chiefly through increased revenues from deposit service charges. Internet adoption was also associated with movements of deposits from checking accounts to money market deposit accounts, increased use of brokered deposits, and higher average wage rates for bank employees. We find little evidence of changes in loan portfolio mix. Our findings suggest that these initial click-and-mortar banks (and their customers) used the Internet channel as a complement to, rather than a substitute for, physical branches. [Copyright &y& Elsevier] AB - Copyright of Journal of Banking & Finance is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - COMMUNITY banks KW - RESEARCH KW - INTERNET banking KW - BANKING industry KW - SUCCESS in business KW - ELECTRONIC banking KW - BANK profits KW - CORPORATIONS -- Growth KW - REVENUE KW - UNITED States KW - Community banks KW - G21 KW - Internet banking KW - O32 KW - O33 KW - Process innovation KW - Product innovation N1 - Accession Number: 24544635; DeYoung, Robert 1; Email Address: rdeyoung@fdic.gov; Lang, William W. 2; Nolle, Daniel L. 3; Affiliations: 1: Federal Deposit Insurance Corporation, 550 17th Street, NW, Washington, DC 20429, United States; 2: Federal Reserve Bank of Philadelphia, Ten Independence Mall, Philadelphia, PA 19106, United States; 3: Office of the Comptroller of the Currency, 250 E Street SW, Washington, DC 20219, United States; Issue Info: Apr2007, Vol. 31 Issue 4, p1033; Thesaurus Term: COMMUNITY banks; Thesaurus Term: RESEARCH; Thesaurus Term: INTERNET banking; Thesaurus Term: BANKING industry; Thesaurus Term: SUCCESS in business; Thesaurus Term: ELECTRONIC banking; Thesaurus Term: BANK profits; Thesaurus Term: CORPORATIONS -- Growth; Subject Term: REVENUE; Subject: UNITED States; Author-Supplied Keyword: Community banks; Author-Supplied Keyword: G21; Author-Supplied Keyword: Internet banking; Author-Supplied Keyword: O32; Author-Supplied Keyword: O33; Author-Supplied Keyword: Process innovation; Author-Supplied Keyword: Product innovation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; Number of Pages: 28p; Document Type: Article L3 - 10.1016/j.jbankfin.2006.10.003 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=24544635&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Piper, Bernard T1 - Listen and Learn so Everyone Wins. JO - Contract Management JF - Contract Management Y1 - 2007/06// VL - 47 IS - 6 M3 - Article SP - 38 EP - 44 SN - 01903063 AB - The article focuses on the importance of listening and learning relative to an acquisition strategy. Taking the time to listen contributes far more to an acquisition success than physical movement. Client satisfaction is one important aspect that contracting officers consider. The best way to accomplish this is to start out early by listening to your client. KW - CONTRACTING out KW - CONTRACTS KW - MANAGEMENT KW - PLANNING KW - LISTENING KW - LEARNING N1 - Accession Number: 25337732; Piper, Bernard 1; Affiliations: 1: Federal Deposit Insurance Corporation; Issue Info: Jun2007, Vol. 47 Issue 6, p38; Thesaurus Term: CONTRACTING out; Thesaurus Term: CONTRACTS; Thesaurus Term: MANAGEMENT; Thesaurus Term: PLANNING; Subject Term: LISTENING; Subject Term: LEARNING; Number of Pages: 6p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=25337732&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kushmeider, Rose M. T1 - RESTRUCTURING U.S. FEDERAL FINANCIAL REGULATION. JO - Contemporary Economic Policy JF - Contemporary Economic Policy Y1 - 2007/07// VL - 25 IS - 3 M3 - Article SP - 325 EP - 340 SN - 10743529 AB - Despite changes over the past 70 yr, the U.S. federal financial regulatory system remains rooted in the reforms of the 1930s. The institutions governed by this system have, nevertheless, continued to evolve. Today, regulation of large, multiproduct, internationally active financial organizations poses challenges for a system designed largely to regulate smaller, distinct, locally based organizations. Reform of the regulatory system, however, is not an easy task--complex issues regarding deposit insurance, the role of the central bank, and the dual banking system must be addressed In the absence of a crisis, however, regulatory restructuring will not likely generate much political interest. [ABSTRACT FROM AUTHOR] AB - Copyright of Contemporary Economic Policy is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - PUBLIC finance KW - INTERNATIONAL financial institutions KW - DEPOSIT insurance KW - CENTRAL banking industry KW - BANK management KW - UNITED States N1 - Accession Number: 25605558; Kushmeider, Rose M. 1; Email Address: rkushmeider@fdic.gov; Affiliations: 1 : Senior Financial Economist, Division of Insurance and Research. Federal Deposit Insurance Corporation, Room 2124, 550 17th St., NW, Washington, DC 20429; Source Info: Jul2007, Vol. 25 Issue 3, p325; Subject Term: PUBLIC finance; Subject Term: INTERNATIONAL financial institutions; Subject Term: DEPOSIT insurance; Subject Term: CENTRAL banking industry; Subject Term: BANK management; Subject: UNITED States; Number of Pages: 16p; Document Type: Article L3 - 10.1111/j.1465-7287.2007.00050.x UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=24h&AN=25605558&site=ehost-live&scope=site DP - EBSCOhost DB - 24h ER - TY - JOUR AU - Kupiec, Paul H. AD - Federal Deposit Insurance Corporation, Washington, DC T1 - Capital Allocation for Portfolio Credit Risk JO - Journal of Financial Services Research JF - Journal of Financial Services Research Y1 - 2007/10// VL - 32 IS - 1-2 SP - 103 EP - 122 SN - 09208550 N1 - Accession Number: 0943045; Keywords: Capital; Capitalization; Credit; Earnings; Leverage; Publication Type: Journal Article; Update Code: 200712 N2 - Capital allocation rules are derived that maximize leverage while maintaining a target solvency rate for credit portfolios where risk is driven by a single common factor and idiosyncratic risk is fully diversified. Equilibrium conditions ensure that capital allocations depend on interest earnings as well as credits' probability of default, endogenous loss given default, and asset correlation. Capitalization rates exceed those estimated using Gaussian credit loss models. Results demonstrate that credit risk is undercapitalized by the Basel II AIRB approach in part because of ambiguities regarding the definition of loss given default. An alternative proposed capital rule removes this bias. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 L3 - http://link.springer.com/journal/volumesAndIssues/10693 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0943045&site=ehost-live&scope=site UR - http://dx.doi.org/10.1007/s10693-007-0013-4 UR - http://link.springer.com/journal/volumesAndIssues/10693 DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Curry, Timothy J. AU - Elmer, Peter J. AU - Fissel, Gary S. T1 - Equity market data, bank failures and market efficiency JO - Journal of Economics & Business JF - Journal of Economics & Business Y1 - 2007/11//Nov/Dec2007 VL - 59 IS - 6 M3 - Article SP - 536 EP - 559 SN - 01486195 AB - Abstract: The paper examines the informational content of market data for long-term horizons in models, which predict bank failure. Univariate results document patterns such as declining prices, negative returns, declining dividends, and rising return volatility, up to 4 years before failure. Multivariate analysis shows that market information improves the failure predictive content of traditional models, which are based on accounting data. Out-of-sample predictions show that the use of stock market data does improve the forecast of bank failure. Furthermore, the persistence of this contribution generally increases with greater distances from the date of failure documenting the forward-looking nature of financial markets. [Copyright &y& Elsevier] AB - Copyright of Journal of Economics & Business is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BUSINESS failures KW - MISMANAGEMENT KW - BUSINESS enterprises KW - SUCCESS in business KW - Bank failure KW - Market information and off-site surveillance models N1 - Accession Number: 26995612; Curry, Timothy J. 1; Email Address: tcurry@fdic.gov; Elmer, Peter J. 2; Fissel, Gary S. 1; Email Address: gfissel@fidc..gov; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Corporation, Washington, DC, United States; 2: Reston, VA 20190, United States; Issue Info: Nov/Dec2007, Vol. 59 Issue 6, p536; Thesaurus Term: BUSINESS failures; Thesaurus Term: MISMANAGEMENT; Thesaurus Term: BUSINESS enterprises; Thesaurus Term: SUCCESS in business; Author-Supplied Keyword: Bank failure; Author-Supplied Keyword: Market information and off-site surveillance models; Number of Pages: 24p; Document Type: Article L3 - 10.1016/j.jeconbus.2007.02.002 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=26995612&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - JIANGLI, WENYING AU - UNAL, HALUK AU - YOM, CHIWON T1 - Relationship Lending, Accounting Disclosure, and Credit Availability during the Asian Financial Crisis. JO - Journal of Money, Credit & Banking (Wiley-Blackwell) JF - Journal of Money, Credit & Banking (Wiley-Blackwell) Y1 - 2008/02// VL - 40 IS - 1 M3 - Article SP - 25 EP - 35 PB - Wiley-Blackwell SN - 00222879 AB - We examine whether lending relationships benefit firms by making credit more available during periods of financial stress. Our main finding is that during the Asian financial crisis of July 1997 through the end of 1998, relationship lending increased the likelihood that Korean and Thai firms would obtain credit but it had no effect on Indonesian and Philippine firms. We ask if accounting disclosure might explain the observed differences among the three countries for which audit information is available. We find that for Indonesian firms with weak lending relationships, banks replace relationship lending technology with a financial-statement lending technology. Such a result does not hold for Korean and Philippine firms. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Money, Credit & Banking (Wiley-Blackwell) is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - RELATIONSHIP banking KW - COMMERCIAL loans KW - CORPORATIONS -- Accounting KW - FINANCIAL disclosure KW - FINANCIAL crises KW - KOREA (South) KW - THAILAND KW - accounting disclosure KW - G21 KW - relationship lending N1 - Accession Number: 28651499; JIANGLI, WENYING 1; UNAL, HALUK 2; YOM, CHIWON 3; Affiliations: 1: * Wenying Jiangli is Senior Financial Economist, Division of Insurance and Research, Federal Deposit Insurance Corporation ( E-mail: ).; 2: † Haluk Unal is Professor of Finance, University of Maryland ( E-mail: ).; 3: ‡ Chiwon Yom is Senior Financial Economist, Division of Insurance and Research, Federal Deposit Insurance Corporation ( E-mail: ).; Issue Info: Feb2008, Vol. 40 Issue 1, p25; Thesaurus Term: RELATIONSHIP banking; Thesaurus Term: COMMERCIAL loans; Thesaurus Term: CORPORATIONS -- Accounting; Thesaurus Term: FINANCIAL disclosure; Thesaurus Term: FINANCIAL crises; Subject: KOREA (South); Subject: THAILAND; Author-Supplied Keyword: accounting disclosure; Author-Supplied Keyword: G21; Author-Supplied Keyword: relationship lending; Number of Pages: 11p; Illustrations: 8 Charts; Document Type: Article L3 - 10.1111/j.1538-4616.2008.00103.x UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=28651499&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kupiec, Paul H. T1 - A Generalized Single Common Factor Model of Portfolio Credit Risk. JO - Journal of Derivatives JF - Journal of Derivatives Y1 - 2008///Spring2008 VL - 15 IS - 3 M3 - Article SP - 25 EP - 40 PB - Euromoney Institutional Investor PLC SN - 10741240 AB - The Vasicek portfolio credit loss model is generalized to include stochastic exposures (EADs) and loss rates (LGDs). Revolving exposures draw against committed lines of credit. Dependence among EADs and LGDs are modeled using a common Gaussian factor. Distribution assumptions for LGDs and EADs are unrestricted. The model produces a closed-form expression for an asymptotic portfolio's conditional loss rate distribution. Correlation among EAD and LCD realizations increases portfolio systematic risk, producing increased skewness in portfolio credit loss distributions and larger unexpected credit loss estimates. The results are important for issues related to capital allocation and subordination levels on structured credit products. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Derivatives is the property of Euromoney Institutional Investor PLC and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - INVESTMENTS KW - CREDIT risk KW - CREDIT ratings KW - RATES KW - CAPITAL investments KW - FACTOR analysis N1 - Accession Number: 31344172; Kupiec, Paul H. 1; Email Address: pkupiec@fdic.gov; Affiliations: 1: Associate Director of the Division of Insurance and Research at Federal Deposit Insurance Corporation in Washington, DC; Issue Info: Spring2008, Vol. 15 Issue 3, p25; Thesaurus Term: INVESTMENTS; Thesaurus Term: CREDIT risk; Thesaurus Term: CREDIT ratings; Thesaurus Term: RATES; Thesaurus Term: CAPITAL investments; Subject Term: FACTOR analysis; NAICS/Industry Codes: 561450 Credit Bureaus; NAICS/Industry Codes: 523999 Miscellaneous Financial Investment Activities; NAICS/Industry Codes: 523930 Investment Advice; Number of Pages: 16p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=31344172&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Curry, Timothy J. AU - Fissel, Gary S. AU - Hanweck, Gerald A. T1 - Equity market information, bank holding company risk, and market discipline JO - Journal of Banking & Finance JF - Journal of Banking & Finance Y1 - 2008/05// VL - 32 IS - 5 M3 - Article SP - 807 EP - 819 SN - 03784266 AB - For market discipline to be effective, market factors such as changes in firm equity and debt values and returns, must influence firm decision making. In banking, this can occur directly via bank management or indirectly though supervisory examinations and oversight influencing bank management. In this study, we investigate whether equity market variables can provide timely information and add value to accounting models that predict changes in bank holding company (BOPEC) risk ratings over the 1988–2000 period. Using a variety of equity market indicators, the findings suggest that one-quarter lagged market data adds forecast value to lagged financial statement data and prior supervisory information in the logistic regressions. Furthermore, using extensive out-of-sample testing for the years 2001–2003, we find: (1) that multiple models estimated over different phases of the business and banking cycles are superior to a single model for forecasting BOPEC rating changes; (2) that equity data adds economically significant power in forecasting BOPEC rating upgrades and performs well for identifying no changes; (3) that for downgrades, the accounting model forecasts the best; (4) that modeling the three possible risk ratings categories simultaneously (downgrade, no change and upgrade) minimizes both Type I and Type II classification errors; and (5) that using multiple models to forecast risk ratings enhances the overall percentage of correct classifications. [Copyright &y& Elsevier] AB - Copyright of Journal of Banking & Finance is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - STOCK exchanges KW - BANK holding companies KW - BANKING industry KW - ECONOMIC models KW - ACCOUNTING KW - MANAGEMENT KW - DECISION making KW - RISK assessment KW - MARKETS KW - LOGISTIC regression analysis KW - CLASSIFICATION KW - EQUITY KW - ECONOMIC aspects KW - Bank holding company risk KW - Market discipline KW - Market information KW - Off-site monitoring models N1 - Accession Number: 31752451; Curry, Timothy J. 1; Email Address: tcurry@fdic.gov; Fissel, Gary S. 1; Email Address: gfissel@fdic.gov; Hanweck, Gerald A. 2; Email Address: GHANWECK@GMU.EDU; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Corporation (FDIC), Washington, DC, United States; 2: School of Management George Mason University, Fairfax, Virginia and Visiting Scholar, Division of Insurance and Research, FDIC, United States; Issue Info: May2008, Vol. 32 Issue 5, p807; Thesaurus Term: STOCK exchanges; Thesaurus Term: BANK holding companies; Thesaurus Term: BANKING industry; Thesaurus Term: ECONOMIC models; Thesaurus Term: ACCOUNTING; Thesaurus Term: MANAGEMENT; Thesaurus Term: DECISION making; Thesaurus Term: RISK assessment; Thesaurus Term: MARKETS; Subject Term: LOGISTIC regression analysis; Subject Term: CLASSIFICATION; Subject Term: EQUITY; Subject Term: ECONOMIC aspects; Author-Supplied Keyword: Bank holding company risk; Author-Supplied Keyword: Market discipline; Author-Supplied Keyword: Market information; Author-Supplied Keyword: Off-site monitoring models; NAICS/Industry Codes: 541219 Other Accounting Services; NAICS/Industry Codes: 551111 Offices of Bank Holding Companies; NAICS/Industry Codes: 551113 Holding companies; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 523210 Securities and Commodity Exchanges; Number of Pages: 13p; Document Type: Article L3 - 10.1016/j.jbankfin.2007.06.007 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=31752451&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Im, Kyung So AU - Schmidt, Peter T1 - More efficient estimation under non-normality when higher moments do not depend on the regressors, using residual augmented least squares JO - Journal of Econometrics JF - Journal of Econometrics Y1 - 2008/05// VL - 144 IS - 1 M3 - Article SP - 219 EP - 233 SN - 03044076 AB - Under normality, least squares is efficient. However, if the errors are not normal, we can gain efficiency from the assertion that higher moments do not depend on the regressors. In this paper, we show how the assumption that higher moments do not depend on the regressors can be exploited in a GMM framework, and we provide simple estimators that are asymptotically equivalent to the GMM estimators. These estimators can be calculated by linear regressions which have been augmented with functions of the least squares residuals. [Copyright &y& Elsevier] AB - Copyright of Journal of Econometrics is the property of Elsevier Science and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - ESTIMATION theory KW - ERROR analysis (Mathematics) KW - REGRESSION analysis KW - ANALYSIS of variance KW - ECONOMETRICS KW - CORRELATION (Statistics) KW - MATHEMATICAL statistics KW - LEAST squares KW - ASYMPTOTIC theory KW - TRIANGULATION KW - ASYMPTOTIC expansions KW - EXPERIMENTAL design KW - CURVE fitting KW - Efficiency KW - Non-normality N1 - Accession Number: 31922665; Im, Kyung So 1; Email Address: kim@fdic.gov; Schmidt, Peter 2; Email Address: schmidtp@msu.edu; Affiliations: 1: Federal Deposit Insurance Corporation, Room 2060, 550 17th Street, NW, Washington, DC 20429, USA; 2: Department of Economics, Michigan State University, East Lansing, MI 48824, USA; Issue Info: May2008, Vol. 144 Issue 1, p219; Thesaurus Term: ESTIMATION theory; Thesaurus Term: ERROR analysis (Mathematics); Thesaurus Term: REGRESSION analysis; Thesaurus Term: ANALYSIS of variance; Thesaurus Term: ECONOMETRICS; Thesaurus Term: CORRELATION (Statistics); Thesaurus Term: MATHEMATICAL statistics; Subject Term: LEAST squares; Subject Term: ASYMPTOTIC theory; Subject Term: TRIANGULATION; Subject Term: ASYMPTOTIC expansions; Subject Term: EXPERIMENTAL design; Subject Term: CURVE fitting; Author-Supplied Keyword: Efficiency; Author-Supplied Keyword: Non-normality; Number of Pages: 15p; Document Type: Article L3 - 10.1016/j.jeconom.2008.01.003 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=31922665&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Piper, Bernard T1 - CONTRACTING OFFICERS: TURN OFF THE TIME AND MATERIAL DEFAULT SWITCH. JO - Journal of Public Procurement JF - Journal of Public Procurement Y1 - 2008/06// VL - 8 IS - 2 M3 - Article SP - 269 EP - 274 SN - 15350118 AB - This article addresses the increased use of time and material contracts. It explores the reasons and risks of this contract type's use. Also, it makes several suggestions to pursue alternate contract types when appropriate. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Public Procurement is the property of PrAcademics Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - CONTRACTS KW - RISK KW - PUBLIC contracts KW - GOVERNMENT purchasing KW - PURCHASING N1 - Accession Number: 33338487; Piper, Bernard 1; Affiliation: 1: Principal Contracting Officer, Corporate Contracts Section, Federal Deposit Insurance Corporation; Source Info: 2008, Vol. 8 Issue 2, p269; Subject Term: CONTRACTS; Subject Term: RISK; Subject Term: PUBLIC contracts; Subject Term: GOVERNMENT purchasing; Subject Term: PURCHASING; NAICS/Industry Codes: 921190 Other General Government Support; Number of Pages: 6p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=33338487&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Curry, Timothy J. AU - Fissel, Gary S. AU - Hanweck, Gerald A. T1 - Is there cyclical bias in bank holding company risk ratings? JO - Journal of Banking & Finance JF - Journal of Banking & Finance Y1 - 2008/07// VL - 32 IS - 7 M3 - Article SP - 1297 EP - 1309 SN - 03784266 AB - Abstract: This paper examines whether bank holding company (BHC) risk ratings are asymmetrically assigned or biased over business cycles from 1986 to 2003. In a model of ratings determination which accounts for bank characteristics, financial market conditions, past supervisory information, and aggregate macro-economic factors, we find that bank exam ratings exhibit inter-temporal characteristics. First, exam ratings exhibit some evidence of examiner bias for several periods analyzed. When the business cycle turns, examiners sometime depart from standards that they set during the previous phases of the cycle. However, this bias is not widespread or systematic. Second, exam ratings exhibit some inertia. Our results suggest that examiners rate on the side of not changing (rather than upgrading or downgrading) an institution’s exam rating. Third, we find robust evidence of a secular trend towards more stringent examination BHC ratings standards over time. [Copyright &y& Elsevier] AB - Copyright of Journal of Banking & Finance is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - SUBSIDIARY corporations KW - BANK holding companies KW - BUSINESS cycles KW - BANKING industry -- Accounting KW - BANKING industry -- Ratings & rankings KW - BANKING industry KW - Bank holding company risk ratings KW - Cyclical bias in bank ratings KW - Secular trend in bank risk ratings N1 - Accession Number: 32171431; Curry, Timothy J. 1,2; Email Address: tcurry@fdic.gov; Fissel, Gary S. 1; Email Address: gfissel@fdic.gov; Hanweck, Gerald A. 2; Email Address: ghanweck@gmu.edu; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Corporation (FDIC), 550 17th st. NW, Washington, DC 20434, United States; 2: School of Management, George Mason University, Fairfax, VA, United States; Issue Info: Jul2008, Vol. 32 Issue 7, p1297; Thesaurus Term: SUBSIDIARY corporations; Thesaurus Term: BANK holding companies; Thesaurus Term: BUSINESS cycles; Thesaurus Term: BANKING industry -- Accounting; Thesaurus Term: BANKING industry -- Ratings & rankings; Thesaurus Term: BANKING industry; Author-Supplied Keyword: Bank holding company risk ratings; Author-Supplied Keyword: Cyclical bias in bank ratings; Author-Supplied Keyword: Secular trend in bank risk ratings; NAICS/Industry Codes: 551113 Holding companies; NAICS/Industry Codes: 551111 Offices of Bank Holding Companies; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 551114 Corporate, Subsidiary, and Regional Managing Offices; Number of Pages: 13p; Document Type: Article L3 - 10.1016/j.jbankfin.2007.11.009 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=32171431&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Curry, Timothy J. AU - Fissel, Gary S. AU - Ramirez, Carlos D. T1 - The impact of bank supervision on loan growth JO - North American Journal of Economics & Finance JF - North American Journal of Economics & Finance Y1 - 2008/08// VL - 19 IS - 2 M3 - Article SP - 113 EP - 134 SN - 10629408 AB - Abstract: This paper quantifies the short-term and long-term impact of bank supervision (measured using CAMEL composite and component ratings) on different categories of loan growth: (a) commercial and industrial loans, (b) consumer loans, and (c) real estate loans. For each of these categories, we perform dynamic loan growth equations at the state-level augmented by the inclusion of CAMEL ratings for all banks in the state, after controlling for banking and economic conditions. We perform these regressions for two distinct sub-periods: (1) 1985–1993 (which covers the credit crunch period) and (2) 1994–2004 (which covers the sustained recovery period). For the first period, 1985–1993, we find that out of the three loan categories considered, business lending is the most sensitive to changes in CAMEL ratings (both the composite and the components), although the other loan categories also show some sensitivity. Overall, however, we find little evidence suggesting that the effects of changes in any of the components of CAMEL ratings differ systematically from the effects of changes in the composite CAMEL. For the second period, we find little evidence that changes in CAMEL ratings (the composite or its components) had any systematic effect on loan growth for any of the loan categories considered. [Copyright &y& Elsevier] AB - Copyright of North American Journal of Economics & Finance is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry KW - FINANCE KW - FINANCIAL institutions KW - BANK profits KW - Banking sector conditions KW - CAMEL downgrades KW - Loan growth equations N1 - Accession Number: 33389545; Curry, Timothy J. 1; Email Address: tcurry@fdic.gov; Fissel, Gary S. 1; Email Address: gfissel@fdic.gov; Ramirez, Carlos D. 2,3; Email Address: cramire2@gmu.edu; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Corporation 550 17th Street NW Washington, DC 20429, United States; 2: Department of Economics, George Mason University, 4400 University Drive, Fairfax, VA 22030-4444, United States; 3: Center for Financial Research, Federal Deposit Insurance Corporation, United States; Issue Info: Aug2008, Vol. 19 Issue 2, p113; Thesaurus Term: BANKING industry; Thesaurus Term: FINANCE; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: BANK profits; Author-Supplied Keyword: Banking sector conditions; Author-Supplied Keyword: CAMEL downgrades; Author-Supplied Keyword: Loan growth equations; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 22p; Document Type: Article L3 - 10.1016/j.najef.2007.10.002 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=33389545&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Bradley, Christine M. AU - Jones, Kenneth D. T1 - Loss Sharing Rules for Bank Holding Companies: An Assessment of the Federal Reserve's Source-of-Strength Policy and the FDIC's Cross Guarantee Authority. JO - Financial Markets, Institutions & Instruments JF - Financial Markets, Institutions & Instruments Y1 - 2008/11// VL - 17 IS - 4 M3 - Article SP - 249 EP - 286 SN - 09638008 AB - In this article, we critically examine two policies designed to protect the deposit insurance funds—the Federal Reserve Board's source-of-strength policy and the FDIC's cross-guarantee authority. We discuss why each of the policies was adopted and how effective each has been in practice since its implementation. We then evaluate the future application and usefulness of the two policies in light of the structural changes that have resulted from industry consolidation and the financial modernization of the 1990s. [ABSTRACT FROM AUTHOR] AB - Copyright of Financial Markets, Institutions & Instruments is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry KW - FINANCIAL management KW - MODERNIZATION (Social science) KW - UNITED States KW - UNITED States. Federal Reserve Board KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 34728296; Bradley, Christine M. 1; Jones, Kenneth D. 2; Affiliations: 1: Senior Policy Analyst at the Federal Deposit Insurance Corporation, Division of Insurance and Research.; 2: Senior Financial Economist, at the Federal Deposit Insurance Corporation, Division of Insurance and Research; Issue Info: Nov2008, Vol. 17 Issue 4, p249; Thesaurus Term: BANKING industry; Thesaurus Term: FINANCIAL management; Subject Term: MODERNIZATION (Social science); Subject: UNITED States ; Company/Entity: UNITED States. Federal Reserve Board ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 921130 Public Finance Activities; NAICS/Industry Codes: 523920 Portfolio Management; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 38p; Illustrations: 10 Charts, 3 Graphs; Document Type: Article L3 - 10.1111/j.1468-0416.2008.00141.x UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=34728296&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Berger, Allen N. AU - DeYoung, Robert AU - Flannery, Mark J. AU - Lee, David AU - Öztekin, Özde T1 - How Do Large Banking Organizations Manage Their Capital Ratios? JO - Journal of Financial Services Research JF - Journal of Financial Services Research Y1 - 2008/12// VL - 34 IS - 2/3 M3 - Article SP - 123 EP - 149 SN - 09208550 AB - U.S. banks hold significantly more equity capital than required by their regulators. We test competing hypotheses regarding the reasons for this “excess” capital, using an innovative partial adjustment approach that allows estimated BHC-specific capital targets and adjustment speeds to vary with firm-specific characteristics. We apply the model to annual panel data for publicly traded U.S. bank holding companies (BHCs) from 1992 through 2006, an extended period of increasing bank capital that ended just before the subprime credit crisis of 2007–2008. The evidence suggests that BHCs actively managed their capital ratios (as opposed to passively allowing capital to build up via retained earnings), set target capital levels substantially above well-capitalized regulatory minima, and (especially poorly capitalized BHCs) made rapid adjustments toward their targets. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial Services Research is the property of Springer Science & Business Media B.V. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry -- United States KW - NATIONAL banks (U.S.) KW - STOCKHOLDERS equity KW - CORPORATE profits KW - BANK holding companies KW - BANK capital -- Law & legislation KW - SUBSIDIARY corporations KW - COMMERCIAL trusts KW - UNITED States KW - Banks KW - Capital management KW - Capital regulation KW - G21 KW - G28 KW - G32 KW - Partial adjustment models N1 - Accession Number: 34940461; Berger, Allen N. 1,2,3; Email Address: aberger@moore.sc.edu; DeYoung, Robert 4; Email Address: rdeyoung@ku.edu; Flannery, Mark J. 5; Email Address: flannery@ufl.edu; Lee, David 6; Email Address: DavLee@fdic.gov; Öztekin, Özde; Email Address: ozde.oztekin@cba.ufl.edu; Affiliations: 1: University of South Carolina, Columbia, SC 29208, USA; 2: Wharton Financial Institutions Center, Philadelphia, PA 19104, USA; 3: CentER, Tilburg University, Tilburg, The Netherlands'; 4: University of Kansas, 1300 Sunnyside Avenue, Lawrence, KS 66045, USA; 5: University of Florida, Gainesville, FL 32611, USA; 6: Federal Deposit Insurance Corporation, Washington, DC 20429, USA; Issue Info: Dec2008, Vol. 34 Issue 2/3, p123; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: NATIONAL banks (U.S.); Thesaurus Term: STOCKHOLDERS equity; Thesaurus Term: CORPORATE profits; Thesaurus Term: BANK holding companies; Thesaurus Term: BANK capital -- Law & legislation; Thesaurus Term: SUBSIDIARY corporations; Thesaurus Term: COMMERCIAL trusts; Subject: UNITED States; Author-Supplied Keyword: Banks; Author-Supplied Keyword: Capital management; Author-Supplied Keyword: Capital regulation; Author-Supplied Keyword: G21; Author-Supplied Keyword: G28; Author-Supplied Keyword: G32; Author-Supplied Keyword: Partial adjustment models; NAICS/Industry Codes: 551111 Offices of Bank Holding Companies; NAICS/Industry Codes: 551113 Holding companies; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 551114 Corporate, Subsidiary, and Regional Managing Offices; NAICS/Industry Codes: 813211 Grantmaking Foundations; Number of Pages: 27p; Illustrations: 5 Charts, 7 Graphs; Document Type: Article L3 - 10.1007/s10693-008-0044-5 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=34940461&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - CHAP AU - Lane, John AD - Federal Deposit Insurance Corporation A2 - Evanoff, Douglas D. A2 - Hoelscher, David S. A2 - Kaufman, George G. T1 - Global Crisis Management T2 - Globalization and Systemic Risk PB - World Scientific Studies in International Economics, vol. 6. Hackensack, N.J. and Singapore: World Scientific Y1 - 2009/// SP - 357 EP - 360 N1 - Accession Number: 1105107; Reviewed Book ISBN: 978-981-283-337-2; ; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Collective Volume Article; Update Code: 201006 KW - Financial Economics: General G00 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Economics of Regulation L51 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1105107&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Costantino, Cathy A. T1 - Second Generation Organizational Conflict Management Systems Design: A Practitioner's Perspective on Emerging Issues. JO - Harvard Negotiation Law Review JF - Harvard Negotiation Law Review Y1 - 2009///Winter2009 VL - 14 M3 - Article SP - 81 EP - 100 SN - 15560546 AB - The article identifies ten emerging issues in conflict management systems design (CMSD) in the organizational context and from the viewpoint of real-life design challenges. Although these issues are intricately interwoven, for purposes of discussion, the article broadly categorizes these issues into, the process, the practitioner and the profession. The article also offers an invitation for dialogue towards resolving conflict on all levels without aiming to prescribe answers or make pronouncements. KW - CONFLICT management KW - SOCIAL conflict KW - MANAGEMENT KW - PROBLEM solving KW - NEGOTIATION N1 - Accession Number: 44008101; Costantino, Cathy A. 1; Affiliation: 1: Counsel, Federal Deposit Insurance Corporation (FDIC; Source Info: Winter2009, Vol. 14, p81; Subject Term: CONFLICT management; Subject Term: SOCIAL conflict; Subject Term: MANAGEMENT; Subject Term: PROBLEM solving; Subject Term: NEGOTIATION; Number of Pages: 20p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=44008101&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Jones, Kenneth D. AU - Oshinsky, Robert C. AD - US Federal Deposit Insurance Corporation AD - US Federal Deposit Insurance Corporation T1 - The Effect of Industry Consolidation and Deposit Insurance Reform on the Resiliency of the U.S. Bank Insurance Fund JO - Journal of Financial Stability JF - Journal of Financial Stability Y1 - 2009/01// VL - 5 IS - 1 SP - 57 EP - 88 SN - 15723089 N1 - Accession Number: 1026004; Keywords: Bank; Banking; Concentration; Deposit; Deposit Insurance; FDIC; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 200904 N2 - We examine the effects of structural change in the U.S. banking industry, as well as key regulatory changes, including recently enacted deposit insurance reform legislation, on the resiliency of the FDIC-administered bank insurance fund (BIF) by estimating and comparing the probability of BIF insolvency over time. We do this using a Markov-switching model that relies on historical patterns of BIF disbursements to define the probability of switching among three "states" of the banking industry's financial health. Monte Carlo simulations are then performed to project the financial condition of the BIF over a 50-year period. Our results indicate that the insolvency risk to the bank insurance fund has increased significantly due to industry consolidation, and is mainly due to the concentration of deposits in the 10 largest U.S. banking companies. We also find that recent deposit insurance reforms will cause only a marginal reduction in the risk of BIF insolvency. The increased risk associated with a more concentrated industry structure simply dominates the reform effect. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance G34 KW - Production, Pricing, and Market Structure; Size Distribution of Firms L11 L3 - http://www.sciencedirect.com/science/journal/15723089 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1026004&site=ehost-live&scope=site UR - http://dx.doi.org/10.1016/j.jfs.2007.12.003 UR - http://www.sciencedirect.com/science/journal/15723089 DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Kane, Kevin AU - Woos, Lorraine T1 - Is CRA Responsible for the Meltdown? (cover story) JO - Mortgage Banking JF - Mortgage Banking Y1 - 2009/05// VL - 69 IS - 8 M3 - Article SP - 32 EP - 41 PB - Mortgage Bankers Association of America SN - 07300212 AB - A summary is presented of the Community Reinvestment Act (CRA) of 1977 in the U.S. KW - INVESTMENTS -- Law & legislation KW - LEGISLATION KW - LAW KW - LEGISLATIVE bills KW - UNITED States N1 - Accession Number: 39751711; Kane, Kevin 1; Email Address: ktk@frcconsult.com; Woos, Lorraine 2; Affiliations: 1: Federal Deposit Insurance Corporation (FDIC); 2: Financial Regulatory Services Chicago office; Issue Info: May2009, Vol. 69 Issue 8, p32; Thesaurus Term: INVESTMENTS -- Law & legislation; Thesaurus Term: LEGISLATION; Thesaurus Term: LAW; Subject Term: LEGISLATIVE bills; Subject: UNITED States; NAICS/Industry Codes: 523999 Miscellaneous Financial Investment Activities; NAICS/Industry Codes: 523930 Investment Advice; Number of Pages: 9p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=39751711&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Murton, Arthur J. T1 - SUMMARY OF DEPOSITS SURVEY: Filing for June 30, 2009. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2009/06/03/ M3 - Article SP - 1 EP - 4 AB - The article focuses on the Summary of Deposits (SOD), an annual survey of branch office deposits for all U.S. Federal Deposit Insurance Corp. (FDIC)-insured commercial banks, FDIC-supervised savings banks and insured branches of foreign banks. It announces the requirements for all institutions with branch offices to submit the survey to the FDIC by July 30, 2009. However, those institutions with only one main office are exempted. KW - DEPOSIT banking KW - DEPOSIT insurance KW - FOREIGN banking industry KW - SAVINGS accounts KW - UNITED States KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 43450540; Murton, Arthur J.; Issue Info: 6/3/2009, p1; Thesaurus Term: DEPOSIT banking; Thesaurus Term: DEPOSIT insurance; Thesaurus Term: FOREIGN banking industry; Thesaurus Term: SAVINGS accounts; Subject: UNITED States ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522293 International Trade Financing; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 4p; Illustrations: 1 Chart; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=43450540&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - O'Keefe, John AU - Wilcox, James A. T1 - How Has Bank Supervision Performed And How Might It Be Improved? JO - Federal Reserve Bank of Boston Conference Series JF - Federal Reserve Bank of Boston Conference Series Y1 - 2009/10// IS - 54 M3 - Article SP - 1 EP - 47 SN - 03618714 AB - Bank supervisors rate individual banks' safety and soundness according to the Uniform Financial Institutions Rating System (UFIRS). Under UFIRS, bank supervisors rate banks' overall safety and soundness based on their capital adequacy, asset quality, management, earnings, liquidity and sensitivity to market risk (CAMELS attributes). Important inputs into supervisors' ratings of banks are banks' financial performance, risk management practices and local economic conditions. We estimate the effects of key financial performance and economic measures on CAMELS by estimating approximate supervisory "Rating Rules." The estimated Rating Rules are similar to regulators' well-known early warning models, whose specifics have not been publicly available. While maintaining confidentiality about the sizes of estimates of individual coefficients in the ratings models, we document how they have evolved over time. Over 1984-2009, the effective factor weights that our "Rating Rules" place on equity capital and on loan loss allowances fluctuate relatively more than do the factor weights on delinquent loans and earnings. We also show the extent to which movements of the factor weights over time are correlated with developments in banking and in the broader economy. We next modify the Ratings Rule Model to forecast banks' likely overall conditions (i.e., CAMELS ratings) one to two years hence. We demonstrate that contemporaneously-available forecasts of future statewide economic conditions significantly improve these forecasts of banks' conditions. We conclude by discussing how the more-explicitly-forward-looking forecasts of banks' condition might be used to set a threshold for regulatory intervention for distressed banks. This threshold could serve as an alternative to the single-factor, equity capital threshold specified by the Prompt Corrective Action provisions of the Federal Deposit Insurance Corporation Improvement Act (1991). [ABSTRACT FROM AUTHOR] AB - Copyright of Federal Reserve Bank of Boston Conference Series is the property of Federal Reserve Bank of Boston and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK management KW - FINANCE KW - CAPITAL KW - FINANCIAL performance KW - RISK management in business KW - LOAN loss reserves KW - ECONOMIC history N1 - Accession Number: 46982718; O'Keefe, John 1; Email Address: jokeefe@fdic.gov; Wilcox, James A. 2; Email Address: jwilcox@haas.berkeley.edu; Affiliations: 1: Federal Deposit Insurance Corporation; 2: University of California, Berkeley; Issue Info: Oct2009, Issue 54, p1; Thesaurus Term: BANK management; Thesaurus Term: FINANCE; Thesaurus Term: CAPITAL; Thesaurus Term: FINANCIAL performance; Thesaurus Term: RISK management in business; Thesaurus Term: LOAN loss reserves; Thesaurus Term: ECONOMIC history; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; Number of Pages: 47p; Illustrations: 1 Chart, 9 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=46982718&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Ramírez, Carlos D. T1 - Bank fragility, “money under the mattress”, and long-run growth: US evidence from the “perfect” Panic of 1893 JO - Journal of Banking & Finance JF - Journal of Banking & Finance Y1 - 2009/12// VL - 33 IS - 12 M3 - Article SP - 2185 EP - 2198 SN - 03784266 AB - Abstract: This paper examines how the US financial crisis of 1893 affected state output growth between 1900 and 1930. The results indicate that a 1% increase in bank instability reduced output growth by 2–5%. A comparison of Nebraska, which had one of the highest bank failure rates, with West Virginia, which did not experience a single bank failure, reveals that disintermediation affected growth through a portfolio change among savers: people simply stopped trusting banks. Time series evidence from newspapers indicates that articles containing the words “money hidden” significantly increase after banking crises, then slowly die out. [Copyright &y& Elsevier] AB - Copyright of Journal of Banking & Finance is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry KW - FINANCIAL crises KW - BANK failures KW - BANK deposits KW - LONG run (Economics) KW - DISINTERMEDIATION KW - WEST Virginia KW - NEBRASKA KW - “Money hidden” KW - Bank failures KW - Convergence KW - Deposits KW - Finance-growth nexus KW - Nebraska KW - O16 KW - Panic of 1893 KW - West Virginia N1 - Accession Number: 44471040; Ramírez, Carlos D. 1,2; Email Address: cramire2@gmu.edu; Affiliations: 1: Department of Economics, George Mason University, Fairfax, VA 22030-4444, United States; 2: Center for Financial Research, Federal Deposit Insurance Corporation, 550 17th Street NW Washington, DC 20429, United States; Issue Info: Dec2009, Vol. 33 Issue 12, p2185; Thesaurus Term: BANKING industry; Thesaurus Term: FINANCIAL crises; Thesaurus Term: BANK failures; Thesaurus Term: BANK deposits; Thesaurus Term: LONG run (Economics); Thesaurus Term: DISINTERMEDIATION; Subject: WEST Virginia; Subject: NEBRASKA; Author-Supplied Keyword: “Money hidden”; Author-Supplied Keyword: Bank failures; Author-Supplied Keyword: Convergence; Author-Supplied Keyword: Deposits; Author-Supplied Keyword: Finance-growth nexus; Author-Supplied Keyword: Nebraska; Author-Supplied Keyword: O16; Author-Supplied Keyword: Panic of 1893; Author-Supplied Keyword: West Virginia; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; Number of Pages: 14p; Document Type: Article L3 - 10.1016/j.jbankfin.2009.05.020 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=44471040&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Blau, David M. AU - Goodstein, Ryan M. T1 - Can Social Security Explain Trends in Labor Force Participation of Older Men in the United States? JO - Journal of Human Resources JF - Journal of Human Resources Y1 - 2010///Spring2010 VL - 45 IS - 2 M3 - Article SP - 328 EP - 363 PB - University of Wisconsin Press SN - 0022166X AB - After a long decline, the Labor Force Participation Rate (LFPR) of older men in the United States leveled off in the 1980s, and began to increase in the late 1990s. We examine how changes in Social Security rules affected these trends. We attribute only a small portion of the decline from the !960s-80s to the increasing generosity of Social Security over this period. Increases in the Full Retirement Age and the Delayed Retirement Credit explain one quarter to one half of the recent increase in the LFPR. Increasing educational attainment and increasing LFPR of married women also contributed to the recent rise. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Human Resources is the property of University of Wisconsin Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - LABOR supply KW - SOCIAL security KW - LABOR market KW - WAGES KW - PENSIONS KW - ECONOMIC aspects KW - LAW & legislation KW - OLDER men -- Employment KW - SOCIODEMOGRAPHIC factors KW - UNITED States N1 - Accession Number: 49051427; Blau, David M. 1,2,3; Goodstein, Ryan M. 4; Email Address: rgoodstein@fdic.gov; Affiliations: 1: SBS Distinguished Professor of Economics,The Ohio State University; 2: Faculty associate, Initiative in Population Research (OSU); 3: Research fellow, Institute for the Study of Labor (IZA), Germany; 4: Financial economist, Federal Deposit Insurance Corporation; Issue Info: Spring2010, Vol. 45 Issue 2, p328; Thesaurus Term: LABOR supply; Thesaurus Term: SOCIAL security; Thesaurus Term: LABOR market; Thesaurus Term: WAGES; Thesaurus Term: PENSIONS; Subject Term: ECONOMIC aspects; Subject Term: LAW & legislation; Subject Term: OLDER men -- Employment; Subject Term: SOCIODEMOGRAPHIC factors; Subject: UNITED States; NAICS/Industry Codes: 561320 Temporary Help Services; Number of Pages: 36p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=49051427&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Adamich, Tom AU - Childers, Martha AU - Stierholz, Katrina AU - Harris, Angelisa M. T1 - The Gov Doc Kids Group: Kid-friendly Government RENourcEN. JO - Ohio Media Spectrum JF - Ohio Media Spectrum Y1 - 2010///Spring2010 VL - 62 IS - 1 M3 - Article SP - 35 EP - 48 PB - Ohio Educational Library Media Association SN - 01926942 AB - The article offers information on the Gov Doc Kids Group, a child-friendly federal government information resource in the U.S. It mentions that Gov Doc Kids Group tries to help school librarians and teachers in locating lesson plans, teaching aids and tools to improve student learning. It cites that one of the purposes of Gov Doc is to promote government information in students regarding science, history and culture. KW - EDUCATION KW - INFORMATION services KW - SCHOOL librarians KW - LEARNING KW - FEDERAL government -- United States KW - LESSON planning KW - UNITED States N1 - Accession Number: 54848210; Adamich, Tom 1; Email Address: tadamich@muskingum.edu; Childers, Martha 2; Email Address: ChildersM@jocolibrary.org; Stierholz, Katrina 3; Email Address: Katrina.L.Stierholz@stls.frb.org; Harris, Angelisa M. 4; Email Address: AngHarris@fdic.gov; Affiliations: 1 : Muskingum University; 2 : Johnson County Public Library, Overland Park, KS; 3 : Federal Reserve Bank of St. Louis; 4 : Federal Deposit Insurance Corporation (FDIC); Source Info: Spring2010, Vol. 62 Issue 1, p35; Thesaurus Term: EDUCATION; Thesaurus Term: INFORMATION services; Thesaurus Term: SCHOOL librarians; Thesaurus Term: LEARNING; Subject Term: FEDERAL government -- United States; Subject Term: LESSON planning; Subject: UNITED States; Number of Pages: 14p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=lih&AN=54848210&site=ehost-live&scope=site DP - EBSCOhost DB - lih ER - TY - JOUR T1 - SUMMARY OF DEPOSITS SURVEY: Filing for June 30, 2010. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2010/06/04/ M3 - Article SP - 2 EP - 4 AB - The article reports on the Summary of Deposits (SOD) survey, an annual survey of branch office deposits as of June 30, 2010. The SOD survey is an annual event for all U.S. Federal Insurance Deposit Corp. (FDIC) supervised banks, FDIC-insured commercial banks and insured branches of foreign banks. It offers information for financial institutions on preparing information for the survey. KW - BANK deposits KW - FINANCIAL institutions KW - SURVEYS KW - UNITED States KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 52303664; Issue Info: 6/4/2010, p2; Thesaurus Term: BANK deposits; Thesaurus Term: FINANCIAL institutions; Subject Term: SURVEYS; Subject: UNITED States ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 3p; Illustrations: 1 Chart; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=52303664&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - O'Keefe, John AU - Wilcox, James A. T1 - How Has Bank Supervision Performed And How Might It Be Improved? JO - Federal Reserve Bank of Boston Conference Series JF - Federal Reserve Bank of Boston Conference Series Y1 - 2010/10// IS - 55 M3 - Article SP - 1 EP - 47 SN - 03618714 AB - The article presents estimation on the future of banks and forecast local economic growth. The approximates reveal that the effective factor weights that supervisors placed on different factors have altered over time, sometimes in connection with growth in the broader economy and in banking. The improvements in local economic growth are the same in magnitude to the number that capital helps predict bank conditions. KW - ECONOMIC forecasting KW - BANKING industry KW - ECONOMIC development KW - SUPERVISORS KW - CAPITAL N1 - Accession Number: 55379976; O'Keefe, John 1; Email Address: jokeefe@fdic.gov; Wilcox, James A. 2; Email Address: jwilcox@haas.berkeley.edu; Affiliations: 1: Federal Deposit Insurance Corporation; 2: University of California, Berkeley; Issue Info: Oct2010, Issue 55, p1; Thesaurus Term: ECONOMIC forecasting; Thesaurus Term: BANKING industry; Thesaurus Term: ECONOMIC development; Thesaurus Term: SUPERVISORS; Thesaurus Term: CAPITAL; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; Number of Pages: 47p; Illustrations: 1 Chart, 9 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=55379976&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Güntay, Levent AU - Hackbarth, Dirk T1 - Corporate bond credit spreads and forecast dispersion JO - Journal of Banking & Finance JF - Journal of Banking & Finance Y1 - 2010/10// VL - 34 IS - 10 M3 - Article SP - 2328 EP - 2345 SN - 03784266 AB - Abstract: Recent research establishes a negative relation between stock returns and dispersion of analysts’ earnings forecasts, arguing that asset prices more reflect the views of optimistic investors because of short-sale constraints in equity markets. In this article, we examine whether a similar effect prevails in corporate bond markets. After controlling for common bond-level, firm-level, and macroeconomic variables, we find evidence that bonds of firms with higher dispersion demand significantly higher credit spreads than otherwise similar bonds and that changes in dispersion reliably predict changes in credit spreads. This evidence suggests a limited role of short-sale constraints in our corporate bond data sets. Consistent with a rational explanation, dispersion appears to proxy largely for future cash flow uncertainty in corporate bond markets. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Banking & Finance is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - CORPORATE bonds KW - BOND market KW - CREDIT risk KW - RATE of return KW - STOCK exchanges KW - CASH flow KW - VOLATILITY (Finance) KW - BUSINESS forecasting KW - Analyst forecasts KW - Corporate bonds KW - Credit risk KW - Earnings volatility N1 - Accession Number: 52825890; Güntay, Levent 1; Email Address: lguntay@fdic.gov; Hackbarth, Dirk 2; Email Address: dhackbar@illinois.edu; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Corporation, 550 Seventeenth Street, Washington, DC 20429, United States; 2: Department of Finance, College of Business, University of Illinois, 515 East Gregory Drive, MC 520, Champaign, IL 61820, United States; Issue Info: Oct2010, Vol. 34 Issue 10, p2328; Thesaurus Term: CORPORATE bonds; Thesaurus Term: BOND market; Thesaurus Term: CREDIT risk; Thesaurus Term: RATE of return; Thesaurus Term: STOCK exchanges; Thesaurus Term: CASH flow; Thesaurus Term: VOLATILITY (Finance); Thesaurus Term: BUSINESS forecasting; Author-Supplied Keyword: Analyst forecasts; Author-Supplied Keyword: Corporate bonds; Author-Supplied Keyword: Credit risk; Author-Supplied Keyword: Earnings volatility; NAICS/Industry Codes: 523210 Securities and Commodity Exchanges; Number of Pages: 18p; Document Type: Article L3 - 10.1016/j.jbankfin.2010.02.019 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=52825890&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Enders, Walter AU - Im, Kyung So AU - Lee, Junsoo AU - Strazicich, Mark C. T1 - IV threshold cointegration tests and the Taylor rule JO - Economic Modelling JF - Economic Modelling Y1 - 2010/11// VL - 27 IS - 6 M3 - Article SP - 1463 EP - 1472 SN - 02649993 AB - Abstract: The usual cointegration tests often entail nuisance parameters that hinder precise inference. This problem is even more pronounced in a nonlinear threshold framework when stationary covariates are included. In this paper, we propose new threshold cointegration tests based on instrumental variables estimation. The newly suggested IV threshold cointegration tests have standard distributions that do not depend on any stationary covariates. These desirable properties allow us to formally test for threshold cointegration in a nonlinear Taylor rule. We perform this analysis using real-time U.S. data for several sample periods from 1970 to 2005. In contrast to the linear model, we find strong evidence of cointegration in a nonlinear Taylor rule with threshold effects. Overall, we find that the Federal Reserve is far more policy active when inflation is high than when inflation is low. In addition, we reaffirm the notion that the response to counteract high inflation was weakest in the 1970s and strongest in the Greenspan era. [ABSTRACT FROM AUTHOR] AB - Copyright of Economic Modelling is the property of Elsevier Science and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - COINTEGRATION KW - ECONOMETRICS KW - PROBABILITY theory KW - STANDARD deviations KW - LINEAR models (Statistics) KW - INFLATION (Finance) KW - MONETARY policy KW - TAYLOR'S rule KW - IV tests KW - Taylor rule KW - Threshold cointegration N1 - Accession Number: 54608277; Enders, Walter 1; Email Address: wenders@cba.ua.edu; Im, Kyung So 2; Email Address: kim@fdic.gov; Lee, Junsoo 1; Email Address: jlee@cba.ua.edu; Strazicich, Mark C. 3; Email Address: strazicichmc@appstate.edu; Affiliations: 1: Department of Economics, Finance and Legal Studies, University of Alabama, Tuscaloosa, AL 35487-0224, United States; 2: Division of Insurance and Research, Federal Deposit Insurance Corporation (FDIC), 550 17th Street, NW, Washington, DC, United States; 3: Department of Economics, Appalachian State University, Boone, NC 28608-2051, United States; Issue Info: Nov2010, Vol. 27 Issue 6, p1463; Thesaurus Term: COINTEGRATION; Thesaurus Term: ECONOMETRICS; Thesaurus Term: PROBABILITY theory; Thesaurus Term: STANDARD deviations; Thesaurus Term: LINEAR models (Statistics); Thesaurus Term: INFLATION (Finance); Thesaurus Term: MONETARY policy; Subject Term: TAYLOR'S rule; Author-Supplied Keyword: IV tests; Author-Supplied Keyword: Taylor rule; Author-Supplied Keyword: Threshold cointegration; Number of Pages: 10p; Document Type: Article L3 - 10.1016/j.econmod.2010.07.013 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=54608277&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - LEE, YAN Y. T1 - GENTRIFICATION AND CRIME: IDENTIFICATION USING THE 1994 NORTHRIDGE EARTHQUAKE IN LOS ANGELES. JO - Journal of Urban Affairs JF - Journal of Urban Affairs Y1 - 2010/12// VL - 32 IS - 5 M3 - Article SP - 549 EP - 577 PB - Wiley-Blackwell SN - 07352166 AB - Theory suggests that in the long term, gentrification-which I define as the phenomenon where wealthier individuals move into lower-income areas-should decrease neighborhood crime. In the short term, however, anecdotal evidence indicates that gentrification actually increases crime, perhaps due to the relative difference in status between newcomers and existing residents, and to increased opportunities for criminal behavior. Further, consumers' choice of residential location depends on crime rates, creating simultaneity that likely biases estimates that overlook this concern. I exploit the 1994 Northridge earthquake in Los Angeles and subsequent short-term government-sponsored home financing incentives as an instrument to control for this endogeneity. The exogenous event induced middle- and upper-income individuals to purchase homes in earthquake-affected low and moderate-income neighborhoods, which I argue is independent of the influence of crime. The results show that in the short term, gentrification increases assaults, robberies, automobile thefts, and thefts from automobiles. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Urban Affairs is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - GENTRIFICATION KW - NORTHRIDGE Earthquake, Calif., 1994 KW - NEIGHBORHOODS KW - CRIMINAL behavior KW - DECISION making KW - CONSUMERS KW - ASSAULT & battery KW - ROBBERY KW - AUTOMOBILE theft KW - LOS Angeles (Calif.) KW - CALIFORNIA N1 - Accession Number: 55562893; LEE, YAN Y. 1; Affiliation: 1: Federal Deposit Insurance Corporation; Source Info: Dec2010, Vol. 32 Issue 5, p549; Subject Term: GENTRIFICATION; Subject Term: NORTHRIDGE Earthquake, Calif., 1994; Subject Term: NEIGHBORHOODS; Subject Term: CRIMINAL behavior; Subject Term: DECISION making; Subject Term: CONSUMERS; Subject Term: ASSAULT & battery; Subject Term: ROBBERY; Subject Term: AUTOMOBILE theft; Subject Term: LOS Angeles (Calif.); Subject Term: CALIFORNIA; Number of Pages: 29p; Illustrations: 6 Charts, 2 Graphs; Document Type: Article L3 - 10.1111/j.1467-9906.2010.00506.x UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=55562893&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Ramirez, Carlos D. T1 - The effect of banking crises on deposit growth: State-level evidence from 1900 to 1930. JO - Business History JF - Business History Y1 - 2011/04// VL - 53 IS - 2 M3 - Article SP - 270 EP - 287 SN - 00076791 AB - Using a newly constructed database of bank failures for the period 1900 to 1930, this paper estimates a dynamic regression model to examine the extent to which banking instability at the state level affects the proportion of state deposits relative to national deposits. The main results indicate that banking failures reduce the proportion of state deposits by approximately 0.04% in the short run and by nearly 1% in the long run. In the eight states that adopted deposit insurance systems during the 1910s, however, there is little evidence that banking crises affected deposit growth. In addition, there is no evidence that the banking crisis of the 1980s and 1990s had any significant effect on state deposit growth. These results suggest that deposit insurance may have lessened the effects of banking instability on deposit growth. [ABSTRACT FROM AUTHOR] AB - Copyright of Business History is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK deposits KW - BANKING industry -- United States -- History KW - BANKING law & legislation KW - FINANCIAL crises KW - DEPOSIT insurance KW - BANK failures KW - BANKING industry -- United States -- Statistics KW - U.S. states KW - UNITED States KW - banking crisis KW - deposit insurance KW - dynamic GMM regression KW - money under the mattress N1 - Accession Number: 60040626; Ramirez, Carlos D. 1; Affiliations: 1 : Department of Economics, George Mason University, Fairfax, VA, USA,Center for Financial Research, Federal Deposit Insurance Corporation, Washington, DC, USA; Source Info: Apr2011, Vol. 53 Issue 2, p270; Historical Period: 1900 to 1930; Subject Term: BANK deposits; Subject Term: BANKING industry -- United States -- History; Subject Term: BANKING law & legislation; Subject Term: FINANCIAL crises; Subject Term: DEPOSIT insurance; Subject Term: BANK failures; Subject Term: BANKING industry -- United States -- Statistics; Subject Term: U.S. states; Subject: UNITED States; Author-Supplied Keyword: banking crisis; Author-Supplied Keyword: deposit insurance; Author-Supplied Keyword: dynamic GMM regression; Author-Supplied Keyword: money under the mattress; Number of Pages: 18p; Illustrations: 5 Charts, 3 Graphs; Document Type: Article L3 - 10.1080/00076791.2011.555110 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ahl&AN=60040626&site=ehost-live&scope=site DP - EBSCOhost DB - ahl ER - TY - JOUR AU - Ramírez, Carlos D. T1 - The $700 Billion Bailout: A Public-Choice Interpretation. JO - Review of Law & Economics JF - Review of Law & Economics Y1 - 2011/04// VL - 7 IS - 1 M3 - Article SP - 291 EP - 318 SN - 15555879 AB - On September 29, 2008, the U.S. House of Representatives voted to reject HR 3997 (known as the original $700 Billion Bailout Bill). On October 3, the House reversed course and voted to approve the Emergency Economic Stabilization Act of 2008 (EESA). This paper applies a political voting model to these two House votes – the rejection of the bill on September 29 and its passage on October 3. Both economic conditions and PAC contributions matter in explaining the two votes, but their effect is attenuated by the individual legislator’s power . PAC contributions from the American Bankers Association appear to matter for explaining those legislators who switched. The role of ideology in explaining either the September 29 or October 3 vote is limited. [ABSTRACT FROM AUTHOR] AB - Copyright of Review of Law & Economics is the property of De Gruyter and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BAILOUTS (Finance) KW - LAW -- Economic aspects KW - VOTING KW - UNITED States -- Politics & government -- 2001-2009 KW - UNITED States KW - AMERICAN Bankers Association -- Political activity KW - UNITED States. Emergency Economic Stabilization Act of 2008 KW - UNITED States. Congress. House N1 - Accession Number: 67667657; Ramírez, Carlos D. 1,2; Affiliations: 1: Department of Economics, George Mason University, USA; 2: Federal Deposit Insurance Corporation; Issue Info: 2011, Vol. 7 Issue 1, p291; Thesaurus Term: BAILOUTS (Finance); Thesaurus Term: LAW -- Economic aspects; Subject Term: VOTING; Subject Term: UNITED States -- Politics & government -- 2001-2009; Subject: UNITED States ; Company/Entity: AMERICAN Bankers Association -- Political activity ; Company/Entity: UNITED States. Emergency Economic Stabilization Act of 2008 ; Company/Entity: UNITED States. Congress. House; Number of Pages: 28p; Illustrations: 12 Charts, 2 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=67667657&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Murton, Arthur J. T1 - SUMMARY OF DEPOSITS SURVEY. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2011/06// M3 - Article SP - 1 EP - 4 AB - The article offers information on the procedures for filling and submitting the Summary of Deposits (SOD) survey to Federal Deposit Insurance Corporation (FDIC) by FDIC-insured institutions. It mentions that the procedures include information on date of submission, software vendors and instructions for filling SOD. It informs that SOD survey includes branch office deposits as of June 30, 2011 and should be submitted on or before July 31, 2011. KW - BANK deposits KW - FINANCIAL institutions KW - BANKING industry KW - UNITED States KW - SOFTWARE KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 92583325; Murton, Arthur J. 1; Affiliations: 1: Director, Division of Insurance and Research; Issue Info: 2011, p1; Thesaurus Term: BANK deposits; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: BANKING industry; Subject Term: UNITED States; Subject Term: SOFTWARE ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=92583325&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Hastings, Paul C. AU - Zubik, Thomas M. AU - Little, Eric K. T1 - BRINGING ORDER TO BRIGADE RESET. JO - Military Review JF - Military Review Y1 - 2011/09//Sep/Oct2011 VL - 91 IS - 5 M3 - Article SP - 20 EP - 27 PB - US Army, Combined Arms Center SN - 00264148 AB - The article discusses the organizational strategies for what is known as a reset for the 33rd Infantry Brigade Combat Team (IBCT) of the Illinois National Guard in September 2010. According to the article, the IBCT deployed to Afghanistan in 2008. The article examines the team's use of the Army Force Generation (ARFORGEN) model in the reset process, the views of the authors on the advantages of the ARFORGEN model to combatant commanders, and the importance of accountability as a priority. KW - INFANTRY KW - ORGANIZATIONAL aims & objectives KW - ORGANIZATIONAL behavior KW - ORGANIZATIONAL structure KW - MILITARY officers KW - OPERATION Enduring Freedom, 2001- KW - UNITED States -- National Guard KW - UNITED States N1 - Accession Number: 65507301; Hastings, Paul C. 1,2 Zubik, Thomas M. 3 Little, Eric K. 4; Affiliation: 1: Commander, 33rd IBCT, Illinois Army National Guard 2: Senior bank examiner, Federal Deposit Insurance Corporation, Chicago, IL. 3: S3 operations officer, 33rd IBCT, Illinois Army National Guard 4: Director of property and fiscal operations, Illinois Army National Guard, Springfield, IL.; Source Info: Sep/Oct2011, Vol. 91 Issue 5, p20; Subject Term: INFANTRY; Subject Term: ORGANIZATIONAL aims & objectives; Subject Term: ORGANIZATIONAL behavior; Subject Term: ORGANIZATIONAL structure; Subject Term: MILITARY officers; Subject Term: OPERATION Enduring Freedom, 2001-; Subject Term: UNITED States -- National Guard; Subject Term: UNITED States; NAICS/Industry Codes: 928110 National Security; Number of Pages: 8p; Illustrations: 1 Black and White Photograph, 2 Diagrams, 2 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=65507301&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Feldman, Robert E. T1 - FDIC Advisory Committee on Community Banking; Notice of Meeting. JO - Federal Register (National Archives & Records Service, Office of the Federal Register) JF - Federal Register (National Archives & Records Service, Office of the Federal Register) Y1 - 2011/10/20/ VL - 76 IS - 203 M3 - Article SP - 65193 EP - 65193 SN - 00976326 AB - The article announces that the Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Community Banking will conduct an open meeting in Washington, D.C. on November 4, 2011 to provide advice and recommendations on policy issues that affect small community banks in the U.S. KW - PUBLIC meetings KW - WASHINGTON (D.C.) KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 69715794; Feldman, Robert E. 1; Affiliations: 1: Committee Management Officer, Federal Deposit Insurance Corporation.; Issue Info: 10/20/2011, Vol. 76 Issue 203, p65193; Subject Term: PUBLIC meetings; Subject: WASHINGTON (D.C.) ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 2/3p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=69715794&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - CONF AU - Feldman, Robert T1 - FDIC Systemic Resolution Advisory Committee; Notice of Meeting. JO - Federal Register (National Archives & Records Service, Office of the Federal Register) JF - Federal Register (National Archives & Records Service, Office of the Federal Register) Y1 - 2012/01/10/ VL - 77 IS - 6 M3 - Proceeding SP - 1490 EP - 1490 SN - 00976326 AB - The article offers information on the government agency Federal Deposit Insurance Corp.'s conference to be held Washington, D.C. on January 25, 2012. KW - MEETINGS KW - WASHINGTON (D.C.) KW - FEDERAL Deposit Insurance Corp. -- Congresses N1 - Accession Number: 73068450; Feldman, Robert 1; Affiliations: 1: Executive Secretary, Federal Deposit Insurance Corporation.; Issue Info: 1/10/2012, Vol. 77 Issue 6, p1490; Thesaurus Term: MEETINGS; Subject: WASHINGTON (D.C.) ; Company/Entity: FEDERAL Deposit Insurance Corp. -- Congresses; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 1/3p; Document Type: Proceeding UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=73068450&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - RAMIREZ, CARLOS D. AU - SHIVELY, PHILIP A. T1 - The Effect of Bank Failures on Economic Activity: Evidence from U.S. States in the Early 20th Century. JO - Journal of Money, Credit & Banking (Wiley-Blackwell) JF - Journal of Money, Credit & Banking (Wiley-Blackwell) Y1 - 2012/03// VL - 44 IS - 2/3 M3 - Article SP - 433 EP - 455 PB - Wiley-Blackwell SN - 00222879 AB - This paper provides evidence documenting the existence of a 'bank failure channel'-the magnifying effect of bank failures on economic distress-using state-level quarterly time series from 1900q1 to 1929q4. We estimate a vector autoregression model of bank failures for each state. The forecast-error variance decompositions are used to construct a categorical measure of the 'bank failure channel.' We examine the influence of regulatory variables, economic conditions, and banking conditions on the degree to which bank failures propagate distress. State-sponsored deposit insurance and minimum capital requirements are important for explaining the likelihood of having a bank failure channel. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Money, Credit & Banking (Wiley-Blackwell) is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK failures KW - BANKING industry KW - ECONOMIC history KW - DEPOSIT insurance KW - CAPITAL requirements KW - ECONOMIC aspects KW - VECTOR autoregression model KW - UNITED States -- Economic conditions -- 20th century N1 - Accession Number: 73930145; RAMIREZ, CARLOS D. 1; Email Address: cramire2@gmu.edu; SHIVELY, PHILIP A. 1; Email Address: cramire2@gmu.edu; Affiliations: 1: Carlos D. Ramirez is an Associate Professor, Department of Economics, George Mason University (E-mail: ). Philip A. Shively is in the Division of Insurance and Research, Federal Deposit Insurance Corporation (E-mail: ).; Issue Info: Mar2012, Vol. 44 Issue 2/3, p433; Thesaurus Term: BANK failures; Thesaurus Term: BANKING industry; Thesaurus Term: ECONOMIC history; Thesaurus Term: DEPOSIT insurance; Thesaurus Term: CAPITAL requirements; Subject Term: ECONOMIC aspects; Subject Term: VECTOR autoregression model; Subject Term: UNITED States -- Economic conditions -- 20th century; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 23p; Illustrations: 4 Charts, 1 Graph; Document Type: Article L3 - 10.1111/j.1538-4616.2011.00494.x UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=73930145&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Murton, Arthur J. T1 - SUMMARY OF DEPOSITS SURVEY. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2012/06// M3 - Article SP - 1 EP - 5 AB - The article offers information on the procedures for filling and submitting the Summary of Deposits (SOD) survey to Federal Deposit Insurance Corporation (FDIC) by FDIC-insured institutions. It mentions that the procedures include information on date of submission, software vendors and instructions for filling SOD. It informs that SOD survey includes branch office deposits as of June 30, 2012 and should be submitted on or before July 31, 2012. KW - BANK deposits KW - FINANCIAL institutions KW - BANKING industry -- United States KW - UNITED States KW - SOFTWARE KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 92583326; Murton, Arthur J. 1; Affiliations: 1: Director, Division of Insurance and Research; Issue Info: 2012, p1; Thesaurus Term: BANK deposits; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: BANKING industry -- United States; Subject Term: UNITED States; Subject Term: SOFTWARE ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=92583326&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Feldman, Robert E. T1 - Definition of ''Predominantly Engaged in Activities That Are Financial in Nature or Incidental Thereto''. JO - Federal Register (National Archives & Records Service, Office of the Federal Register) JF - Federal Register (National Archives & Records Service, Office of the Federal Register) Y1 - 2012/06/18/ VL - 77 IS - 117 M3 - Article SP - 36194 EP - 36206 SN - 00976326 AB - The article presents information on the notice of proposed rulemaking issued by the U.S. Federal Deposit Insurance Corp. (FDIC) regarding the amendment of its definition related to financial activities. This notice has been issued in accordance with the U.S. Dodd-Frank Wall Street Reform and Consumer Protection Act. The FDIC is soliciting public comments on this notice by August 17, 2012 via electronic mail or in writing. KW - FINANCIAL services industry KW - PUBLIC opinion KW - EMAIL KW - FEDERAL Deposit Insurance Corp. KW - UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act N1 - Accession Number: 77411334; Feldman, Robert E. 1; Affiliations: 1: Executive Secretary, Federal Deposit Insurance Corporation.; Issue Info: 6/18/2012, Vol. 77 Issue 117, p36194; Thesaurus Term: FINANCIAL services industry; Thesaurus Term: PUBLIC opinion; Thesaurus Term: EMAIL ; Company/Entity: FEDERAL Deposit Insurance Corp.; Reviews & Products: UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 13p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=77411334&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Gruenberg, Martin J. AD - US Federal Deposit Insurance Corporation T1 - Implementing Dodd-Frank: Orderly Resolution JO - Federal Reserve Bank of Chicago Economic Perspectives JF - Federal Reserve Bank of Chicago Economic Perspectives Y1 - 2012///3rd Quarter VL - 36 IS - 3 SP - 98 EP - 102 SN - 01640682 N1 - Accession Number: 1476544; Keywords: Bank; Deposit; Deposit Insurance; FDIC; Financial Institution; Thrift; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201502 N2 - Prior to the recent crisis, the Federal Deposit Insurance Company's receivership authority was limited to federally insured banks and thrift institutions. There was no authority to place the holding company or affiliates of an insured institution or any other nonbank financial company into an FDIC receivership to avoid systemic consequences. The lack of this authority severely constrained the ability of the government to resolve a systemically important financial institution. This authority has now been provided to the FDIC under the Dodd-Frank Act. The question is whether the FDIC can develop the operational capability to utilize this authority effectively and a credible strategy under which an orderly resolution of a SIFI can be carried out without putting the financial system itself at risk. These key challenges have been the focus of the FDIC's efforts since the enactment of Dodd-Frank in July 2010. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Economics of Regulation L51 L3 - https://www.chicagofed.org/publications/publication-listing?filter_series=10 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1476544&site=ehost-live&scope=site UR - https://www.chicagofed.org/publications/publication-listing?filter_series=10 DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Johnson, Pamela T1 - Update to Notice of Financial Institutions for Which the Federal Deposit Insurance Corporation Has Been Appointed Either Receiver, Liquidator, or Manager. JO - Federal Register (National Archives & Records Service, Office of the Federal Register) JF - Federal Register (National Archives & Records Service, Office of the Federal Register) Y1 - 2012/07/23/ VL - 77 IS - 141 M3 - Article SP - 43076 EP - 43076 SN - 00976326 AB - The article presents an update to notice of financial institutions for which the Federal Deposit Insurance Corp. has been appointed either liquidator, receiver, or manager. KW - FINANCIAL institutions KW - LIQUIDATION KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 78329569; Johnson, Pamela 1; Affiliations: 1: Regulatory Editing Specialist, Federal Deposit Insurance Corporation.; Issue Info: 7/23/2012, Vol. 77 Issue 141, p43076; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: LIQUIDATION ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 1/3p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=78329569&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Northwood, Joyce M.1, jnorthwood@fdic.gov AU - Sygnatur, Eric F.2, sygnatur.eric@bls.gov AU - Windau, Janice A.3, windau.janice@bls.gov T1 - Updated BLS Occupational Injury and Illness Classification System. JO - Monthly Labor Review JF - Monthly Labor Review J1 - Monthly Labor Review PY - 2012/08// Y1 - 2012/08// VL - 135 IS - 8 CP - 8 M3 - Article SP - 19 EP - 28 SN - 00981818 AB - The evolving nature of the U.S. workplace, along with medical and technological advances, necessitated a revision to the Occupational Injury and Illness Classification System employed by the BLS Occupational Safety and Health Statistics program; the new version also incorporates a number of enhancements to the original, first released in 1992 [ABSTRACT FROM AUTHOR] KW - Work-related injuries KW - Industrial hygiene KW - Industrial safety KW - Occupational diseases KW - United States. Occupational Safety & Health Administration KW - United States. Bureau of Labor Statistics N1 - Accession Number: 80444250; Authors:Northwood, Joyce M. 1 Email Address: jnorthwood@fdic.gov; Sygnatur, Eric F. 2 Email Address: sygnatur.eric@bls.gov; Windau, Janice A. 3 Email Address: windau.janice@bls.gov; Affiliations: 1: Senior financial economist in the Division of Depositor and Consumer Protection, Federal Deposit Insurance Corporation; 2: Economist in the Office of Safety, Health, and Working Conditions, Bureau of Labor Statistics; 3: Epidemiologist, in the Office of Safety, Health, and Working Conditions, Bureau of Labor Statistics; Subject: Work-related injuries; Subject: Industrial hygiene; Subject: Industrial safety; Subject: Occupational diseases; Subject: United States. Occupational Safety & Health Administration; Subject: United States. Bureau of Labor Statistics; Subject: United States; Number of Pages: 10p; Illustrations: 2 Charts; Record Type: Article; Full Text Word Count: 7455 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=eft&AN=80444250&site=ehost-live&scope=site DP - EBSCOhost DB - eft ER - TY - JOUR AU - Feldman, Robert E. T1 - FDIC Advisory Committee on Economic Inclusion (ComE-IN); Notice of Meeting. JO - Federal Register (National Archives & Records Service, Office of the Federal Register) JF - Federal Register (National Archives & Records Service, Office of the Federal Register) Y1 - 2012/08/28/ VL - 77 IS - 167 M3 - Article SP - 52031 EP - 52031 SN - 00976326 AB - The article offers information about a meeting organized by the U.S. Federal Deposit Insurance Corp. to be held in Washington D.C. on September 12, 2012. KW - MEETINGS KW - WASHINGTON (D.C.) KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 79837080; Feldman, Robert E. 1; Affiliations: 1: Executive Secretary, Federal Deposit Insurance Corporation; Issue Info: 8/28/2012, Vol. 77 Issue 167, p52031; Thesaurus Term: MEETINGS; Subject: WASHINGTON (D.C.) ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 1/2p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=79837080&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Gruenberg, Martin J. T1 - Implementing Dodd-Frank: Orderly resolution. JO - Economic Perspectives JF - Economic Perspectives Y1 - 2012/09// IS - 3 M3 - Article SP - 98 EP - 102 PB - Federal Reserve Bank of Chicago SN - 1048115X AB - The article discusses the Dodd-Frank Wall Street Reform and Consumer Protection Act enacted during the global financial crisis of 2008 to 2009 in the U.S. and its role in resolving the systemically important financial institutions (SIFIs). It is mentioned that the act enabled the Federal Deposit Insurance Corporation (FDIC) to handle the SIFIs and FDIC became capable to monitor risks at financial firms and develop strategies to combat financial crises. KW - GLOBAL Financial Crisis, 2008-2009 KW - FINANCIAL institutions KW - DELEGATED legislation KW - FINANCIAL risk KW - UNITED States KW - FEDERAL Deposit Insurance Corp. KW - UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act N1 - Accession Number: 80562303; Gruenberg, Martin J. 1; Affiliation: 1: Acting chairman of the Federal Deposit Insurance Corporation (FDIC); Source Info: Sep2012, Issue 3, p98; Subject Term: GLOBAL Financial Crisis, 2008-2009; Subject Term: FINANCIAL institutions; Subject Term: DELEGATED legislation; Subject Term: FINANCIAL risk; Subject Term: UNITED States; Company/Entity: FEDERAL Deposit Insurance Corp.; Reviews & Products: UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=80562303&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Gruenberg, Martin J. T1 - Implementing Dodd-Frank: Orderly resolution. JO - Economic Perspectives JF - Economic Perspectives Y1 - 2012/09// IS - 3 M3 - Article SP - 98 EP - 102 PB - Federal Reserve Bank of Chicago SN - 1048115X AB - The article discusses the Dodd-Frank Wall Street Reform and Consumer Protection Act enacted during the global financial crisis of 2008 to 2009 in the U.S. and its role in resolving the systemically important financial institutions (SIFIs). It is mentioned that the act enabled the Federal Deposit Insurance Corporation (FDIC) to handle the SIFIs and FDIC became capable to monitor risks at financial firms and develop strategies to combat financial crises. KW - GLOBAL Financial Crisis, 2008-2009 KW - FINANCIAL institutions KW - DELEGATED legislation KW - FINANCIAL risk KW - UNITED States KW - FEDERAL Deposit Insurance Corp. KW - UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act N1 - Accession Number: 80562303; Gruenberg, Martin J. 1; Affiliations: 1: Acting chairman of the Federal Deposit Insurance Corporation (FDIC); Issue Info: Sep2012, Issue 3, p98; Thesaurus Term: GLOBAL Financial Crisis, 2008-2009; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: DELEGATED legislation; Thesaurus Term: FINANCIAL risk; Subject: UNITED States ; Company/Entity: FEDERAL Deposit Insurance Corp.; Reviews & Products: UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=80562303&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - O'Keefe, John AU - Wilcox, James A. AD - Federal Deposit Insurance Corporation AD - U CA, Berkeley T1 - Understanding Bank Supervisors' Risk Assessments JO - Journal of Financial Transformation JF - Journal of Financial Transformation Y1 - 2012/09// IS - 35 SP - 159 EP - 171 SN - 1755361X N1 - Accession Number: 1382004; Keywords: Bank; Banking; Countercyclical; Credit; Crisis; Cycle; FDIC; Macroeconomics; Procyclical; Risk Assessment; Standard; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201307 N2 - A recurring criticism of U.S. bank supervisors is that their standards vary procyclicly with banking and economic conditions. The 2010 reforms of supervisory standards for bank capital adequacy and liquidity (Basel III) directly address procyclicality in supervision and its effects on credit cycles. We revisit the question of procyclicality in bank supervisors' standards and find mixed support for the Basel III reforms. Using data on bank supervisors' safety and soundness assessments of all U.S. FDIC-insured banks between March 1985 and December 2010, as well as information on banks' financial and macroeconomic conditions, we develop a model of supervisors' risk assessments of banks: the ratings rule model. We use the model to examine the relationships between changing risk assessments of banks by their supervisors, bank conditions, and economic conditions. Specifically, we estimate the marginal effects of changes in explanatory variables of the ratings rule model on banks' likelihood of receiving high (low) supervisory ratings. We next analyze the marginal effects and test for significant changes in effects between stressful and non-stressful periods for banking markets. We find evidence that supervisors' standards for capital adequacy under pillar II of the Basel Accord have been procyclical in the past--becoming more stringent during periods of banking market stress and less stringent during non-stressful periods. In addition, these changes in supervisory risk tolerances for equity capitalization appear to have had a greater impact on risk assessments of sound, well-managed banks than on weak, poorly managed banks. We find, however, that supervisory standards for capital adequacy did not become more stringent during the current financial crisis (2007-2010). Finally, supervisors' attitude toward other categories of risk--asset quality, earnings strength, and liquidity--appear to be somewhat countercyclical. KW - Business Fluctuations; Cycles E32 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Business Administration: General M10 L3 - http://www.capco.com/capco-institute/capco-journal/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1382004&site=ehost-live&scope=site UR - http://www.capco.com/capco-institute/capco-journal/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Shanks, Margaret McCloskey AU - Cordray, Richard AU - Feldman, Robert E. AU - DeMarco, Edward J. AU - Canerday, Jon J. AU - Curry, Thomas J. T1 - Appraisals for Higher-Risk Mortgage Loans. JO - Federal Register (National Archives & Records Service, Office of the Federal Register) JF - Federal Register (National Archives & Records Service, Office of the Federal Register) Y1 - 2012/09/05/ VL - 77 IS - 172 M3 - Article SP - 54722 EP - 54775 SN - 00976326 AB - The article offers information on a proposed law issued by the U.S. Department of Treasury regarding the implementation of Truth in Lending Act (TILA) provisions that require appraisals for higher-risk mortgages. The department is soliciting public comments on or before October 15, 2012 through electronic mails, fax transmission and department's website portal. It mentions that under the proposed rule, creditors need to obtain an appraisal which ascertains use of appraisals. KW - MORTGAGES KW - PUBLIC opinion KW - FAX transmission KW - DEBTOR & creditor KW - UNITED States KW - UNITED States. Dept. of the Treasury KW - UNITED States. Truth-in-Lending Simplification & Reform Act N1 - Accession Number: 79962690; Shanks, Margaret McCloskey; Cordray, Richard 1; Feldman, Robert E. 2; DeMarco, Edward J. 3; Canerday, Jon J.; Curry, Thomas J.; Affiliations: 1: Director, Bureau of Consumer Financial Protection; 2: Executive Secretary. Federal Deposit Insurance Corporation; 3: Acting Director, Federal Housing Finance Agency.; Issue Info: 9/5/2012, Vol. 77 Issue 172, p54722; Thesaurus Term: MORTGAGES; Thesaurus Term: PUBLIC opinion; Thesaurus Term: FAX transmission; Thesaurus Term: DEBTOR & creditor; Subject: UNITED States ; Company/Entity: UNITED States. Dept. of the Treasury ; Company/Entity: UNITED States. Truth-in-Lending Simplification & Reform Act; NAICS/Industry Codes: 921130 Public Finance Activities; Number of Pages: 54p; Illustrations: 7 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=79962690&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - NEWS AU - Kupiec, Paul AU - Unal, Haluk T1 - Editors' Note on the Special Issue of the 10th FDIC/JFSR Bank Research Conference. JO - Journal of Financial Services Research JF - Journal of Financial Services Research Y1 - 2012/10// VL - 42 IS - 1/2 M3 - Editorial SP - 1 EP - 3 SN - 09208550 KW - BANKING research KW - CONFERENCES & conventions KW - BANK failures KW - BANKING industry KW - FINANCIAL crises KW - MORTGAGES KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 77837079; Kupiec, Paul 1; Unal, Haluk 2; Email Address: HUnal@rhsmith.umd.edu; Affiliations: 1: Federal Deposit Insurance Corporation, Washington USA; 2: Robert H. Smith School of Business, University of Maryland, College Park USA; Issue Info: Oct2012, Vol. 42 Issue 1/2, p1; Thesaurus Term: BANKING research; Thesaurus Term: CONFERENCES & conventions; Thesaurus Term: BANK failures; Thesaurus Term: BANKING industry; Thesaurus Term: FINANCIAL crises; Thesaurus Term: MORTGAGES ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 561920 Convention and Trade Show Organizers; NAICS/Industry Codes: 522292 Real Estate Credit; NAICS/Industry Codes: 526913 Mortgage funds; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 3p; Document Type: Editorial L3 - 10.1007/s10693-012-0143-1 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=77837079&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Feldman, Robert E. T1 - Annual Stress Test. JO - Federal Register (National Archives & Records Service, Office of the Federal Register) JF - Federal Register (National Archives & Records Service, Office of the Federal Register) Y1 - 2012/10/15/ VL - 77 IS - 199 M3 - Article SP - 62417 EP - 62427 SN - 00976326 AB - The article focuses on a notice issued by the U.S. Federal Deposit Insurance Corp. (FDIC) regarding issuance of rule implementing the requirements of the U.S. Dodd-Frank Wall Street Reform and Consumer Protection Act. The Dodd-Frank Act issues regulations to conduct annual stress tests, report the results of such stress tests by nonmember banks and savings associations to the FDIC and publish a summary of the results of the stress tests. KW - BANKING industry -- United States KW - SAVINGS & loan associations KW - DELEGATED legislation KW - RULE of law KW - UNITED States KW - FEDERAL Deposit Insurance Corp. KW - UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act N1 - Accession Number: 82831534; Feldman, Robert E. 1; Affiliations: 1: Executive Secretary, Federal Deposit Insurance Corporation.; Issue Info: 10/15/2012, Vol. 77 Issue 199, p62417; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: SAVINGS & loan associations; Thesaurus Term: DELEGATED legislation; Subject Term: RULE of law; Subject: UNITED States ; Company/Entity: FEDERAL Deposit Insurance Corp.; Reviews & Products: UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 11p; Illustrations: 2 Charts; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=82831534&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Meyer, Michele AU - Best, Valerie J. AU - Rupp, Mary T1 - Agency Information Collection Activities: Proposed Information Collection; Comment Request. JO - Federal Register (National Archives & Records Service, Office of the Federal Register) JF - Federal Register (National Archives & Records Service, Office of the Federal Register) Y1 - 2012/10/22/ VL - 77 IS - 204 M3 - Article SP - 64595 EP - 64596 SN - 00976326 AB - The article focuses on a notice issued by the U.S. Office of the Comptroller of the Currency, Treasury (OCC), the U.S. Federal Deposit Insurance Corp. (FDIC) and the U.S. National Credit Union Administration (NCUA) regarding solicitation of comments on the information collection request (ICR) submitted to the U.S. Office of Management and Budget (OMB). ICR entitled "Interagency Appraisal Complaint Form" complies with the appraisal independence standards of Professional Appraisal Practice. KW - PUBLIC opinion KW - VALUATION KW - COMPLAINT letters KW - UNITED States. Office of the Comptroller of the Currency KW - FEDERAL Deposit Insurance Corp. KW - UNITED States. National Credit Union Administration KW - UNITED States. Office of Management & Budget N1 - Accession Number: 83094977; Meyer, Michele 1; Best, Valerie J. 2; Rupp, Mary 3; Affiliations: 1: Assistant Director, Legislative and Regulatory Activities Division, OCC; 2: Assistant Executive Secretary, Federal Deposit Insurance Corporation; 3: Secretary of the Board, NCUA; Issue Info: 10/22/2012, Vol. 77 Issue 204, p64595; Thesaurus Term: PUBLIC opinion; Thesaurus Term: VALUATION; Subject Term: COMPLAINT letters ; Company/Entity: UNITED States. Office of the Comptroller of the Currency ; Company/Entity: FEDERAL Deposit Insurance Corp. ; Company/Entity: UNITED States. National Credit Union Administration ; Company/Entity: UNITED States. Office of Management & Budget; NAICS/Industry Codes: 522298 All Other Nondepository Credit Intermediation; NAICS/Industry Codes: 926110 Administration of General Economic Programs; NAICS/Industry Codes: 541990 All Other Professional, Scientific, and Technical Services; NAICS/Industry Codes: 921130 Public Finance Activities; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 2p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=83094977&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Holden, Steve AU - Kelly, Austin AU - McManus, Douglas AU - Scharlemann, Therese AU - Singer, Ryan AU - Worth, John D. T1 - The HAMP NPV Model: Development and Early Performance. JO - Real Estate Economics JF - Real Estate Economics Y1 - 2012/12/02/Winter2012 Supplement VL - 40 M3 - Article SP - S32 EP - S64 PB - Wiley-Blackwell SN - 10808620 AB - The foreclosure crisis that began in 2008 triggered the need for new approaches to treat distressed mortgages. A key component of the Obama Administration's Home Affordable Modification Program (HAMP) was the development of a standardized Net Present Value (NPV) Model to identify troubled loans that were value-enhancing candidates for payment-reducing modifications. This article discusses the development of the HAMP NPV Model,1 its purpose and some important constraints that dictated its structure and limitations. We describe the structure and the estimation of the model in detail. We also describe the responsiveness of the model to key characteristics, such as loan-to-value and credit score, as well as provide new evidence on the relationship between HAMP modification performance and key borrower and modification characteristics. The article concludes with a discussion of model limitations and the future role of systematic loan modification using NPV analysis. [ABSTRACT FROM AUTHOR] AB - Copyright of Real Estate Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - CASH flow KW - INTERNAL rate of return KW - NET present value KW - MORTGAGE loans KW - CAPITAL investments KW - PRESENT value N1 - Accession Number: 84488377; Holden, Steve 1; Email Address: steve_holden@fanniemae.com; Kelly, Austin 2; Email Address: austin.kelly@fhfa.gov; McManus, Douglas 3; Email Address: douglas_mcmanus@freddiemac.com; Scharlemann, Therese 4; Email Address: Therese.Scharlemann@treasury.gov; Singer, Ryan 5; Email Address: RSinger@FDIC.gov; Worth, John D. 6; Email Address: JWorth@NCUA.gov; Affiliations: 1: Fannie Mae, Washington, DC 20016 or .; 2: Federal Housing Finance Agency, Washington, DC 20024 or .; 3: Freddie Mac, McLean, VA 22102 or .; 4: U.S. Department of the Treasury, Washington, DC 20220 or .; 5: Federal Deposit Insurance Corporation, Washington, DC 20429 or .; 6: National Credit Union Administration, Alexandria, VA 22314 or .; Issue Info: Winter2012 Supplement, Vol. 40, pS32; Thesaurus Term: CASH flow; Thesaurus Term: INTERNAL rate of return; Thesaurus Term: NET present value; Thesaurus Term: MORTGAGE loans; Thesaurus Term: CAPITAL investments; Thesaurus Term: PRESENT value; NAICS/Industry Codes: 522292 Real Estate Credit; Number of Pages: 33p; Illustrations: 1 Diagram, 6 Charts, 7 Graphs; Document Type: Article L3 - 10.1111/j.1540-6229.2012.00351.x UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=84488377&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Scott, James R. AU - Pruett, Andrea AU - Agarwal, Shweta T1 - Corporate Spin-Off: A Study of Literature and Methods Prior to the 2008 Recession. JO - Business Journal for Entrepreneurs JF - Business Journal for Entrepreneurs Y1 - 2012/12/15/ VL - 2012 IS - 4 M3 - Article SP - 62 EP - 75 PB - Franklin Publishing Company SN - 15481859 AB - We propose to develop a study of the impact of the corporate spin-off, or divestiture, using the Standard and Poors Compustat program Research Insight to examine pre-recession events using prior studies as our basis. We will initially limit our study to spin-offs after the year 2000 until 2007, to eliminate the effect of the recent economic turmoil. The intent is to prepare a simple method of developing empirical study tools with current database systems. We will then employ open internet resources to compliment the study. Continued studies, to test the differences of more complete databases to the less costly, will add to our purpose to aid all researchers. The current and continued study is not intended to develop proof of current and/or past research, but to provide duplication methods of that research and means of application to current events of interest. This paper includes the literature review that provides the basis for our research. Finally, a brief description of the intended future project is presented. Development of the study will become a series of methods useful to both academic researchers and others with an interest in corporate management decisions. [ABSTRACT FROM AUTHOR] AB - Copyright of Business Journal for Entrepreneurs is the property of Franklin Publishing Company and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - CORPORATE divestiture KW - CORPORATE reorganizations KW - FINANCIAL crises KW - CORPORATE governance KW - EMPIRICAL research KW - UNITED States N1 - Accession Number: 85641951; Scott, James R. 1; Email Address: jamesrscott@missouristate.edu; Pruett, Andrea 2; Agarwal, Shweta; Affiliations: 1: Missouri State University, Springfield, MO 65897; 2: Federal Deposit Insurance Corporation; Issue Info: 2012, Vol. 2012 Issue 4, p62; Thesaurus Term: CORPORATE divestiture; Thesaurus Term: CORPORATE reorganizations; Thesaurus Term: FINANCIAL crises; Thesaurus Term: CORPORATE governance; Thesaurus Term: EMPIRICAL research; Subject: UNITED States; Number of Pages: 14p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ent&AN=85641951&site=ehost-live&scope=site DP - EBSCOhost DB - ent ER - TY - JOUR AU - Waldrop, Ross AD - Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Second Quarter 2013 JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2013/// VL - 7 IS - 3 SP - 1 EP - 13 N1 - Accession Number: 1402410; Keywords: Bank; Banking; Earnings; FDIC; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201311 N2 - FDIC-insured institutions reported aggregate net income of $42.2 billion in the second quarter of 2013, a $7.8 billion (22.6 percent) increase from the $34.4 billion in profits that the industry reported a year earlier. This is the 16th consecutive quarter that earnings have registered a year-over-year increase. Increased noninterest income, lower noninterest expenses, and reduced provisions for loan losses accounted for the increase in earnings from a year ago. Year-over-year earnings increased at more than half (53.8 percent) of the 6,940 insured institutions reporting financial results. The proportion of banks that were unprofitable fell to 8.2 percent, from 11.3 percent a year earlier. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1402410&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Brown, Kevin AD - Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Second Quarter 2013: Insurance Fund Indicators JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2013/// VL - 7 IS - 3 SP - 15 EP - 18 N1 - Accession Number: 1402411; Keywords: Banking; Deposit; Deposit Insurance; FDIC; Reserves; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201311 N2 - The Deposit Insurance Fund (DIF) increased by $2.1 billion during the second quarter to $37.9 billion. Estimated insured deposits decreased by 0.8 percent during the second quarter. The DIF reserve ratio was 0.63 percent on June 30, 2013, up from 0.59 percent at March 31, 2013. Twelve FDIC-insured institutions failed during the quarter. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1402411&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - CHAP AU - Patel, Krishna AU - Savchenko, Yevgeniya AU - Vella, Francis AD - US Federal Deposit Insurance Corporation AD - Georgetown U AD - Georgetown U and IZA, Bonn A2 - Constant, Amelie F. A2 - Zimmermann, Klaus F. T1 - Occupational Sorting of Ethnic Groups T2 - International Handbook on the Economics of Migration PB - Cheltenham, U.K. and Northampton, Mass.: Elgar Y1 - 2013/// SP - 227 EP - 241 N1 - Accession Number: 1585568; Reviewed Book ISBN: 978-1-84542-629-3; ; Geographic Descriptors: Selected Countries; Publication Type: Collective Volume Article; Update Code: 201608 KW - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination J15 KW - Demographic Economics: Public Policy J18 KW - Time Allocation and Labor Supply J22 KW - Human Capital; Skills; Occupational Choice; Labor Productivity J24 KW - Wage Level and Structure; Wage Differentials J31 KW - Geographic Labor Mobility; Immigrant Workers J61 KW - Economic Sociology; Economic Anthropology; Social and Economic Stratification Z13 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1585568&site=ehost-live&scope=site DP - EBSCOhost DB - ecn ER - TY - JOUR AU - RHINE, SHERRIE L. W. AU - GREENE, WILLIAM H. T1 - Factors That Contribute to Becoming Unbanked. JO - Journal of Consumer Affairs JF - Journal of Consumer Affairs Y1 - 2013///Spring2013 VL - 47 IS - 1 M3 - Article SP - 27 EP - 45 PB - Wiley-Blackwell SN - 00220078 AB - The proportion of US families that are unbanked (i.e., have no type of checking or savings account) has steadily declined for more than two decades. Nonetheless, more than nine million families still do not participate in the financial mainstream, and roughly half these unbanked families previously held a traditional bank account. This study uses the 2004 longitudinal Survey of Income Program Participation to examine the dynamic process within which changes in families' circumstances contribute to their becoming unbanked. Our findings suggest that families are significantly more likely to become unbanked when there is a decline in family income, loss of employment, or loss of health insurance coverage. Race and ethnicity, level of education or family income, and marital or housing status are also important determinants of whether families participate in the financial mainstream or not. To our knowledge, this is the first analysis of the dynamic process by which families change bank status. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Consumer Affairs is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANK accounts KW - FAMILIES -- United States KW - BANKING industry -- United States KW - EMPLOYMENT (Economic theory) KW - HEALTH insurance N1 - Accession Number: 86957646; RHINE, SHERRIE L. W. 1; Email Address: srhine@fdic.gov GREENE, WILLIAM H. 2; Email Address: wgreene@stern.nyu.edu; Affiliation: 1: Senior Economist, Division of Depositor and Consumer Protection, Federal Deposit Insurance Corporation 2: Professor of Economics, Stern School of Business, New York University; Source Info: Spring2013, Vol. 47 Issue 1, p27; Subject Term: BANK accounts; Subject Term: FAMILIES -- United States; Subject Term: BANKING industry -- United States; Subject Term: EMPLOYMENT (Economic theory); Subject Term: HEALTH insurance; NAICS/Industry Codes: 524111 Direct individual life, health and medical insurance carriers; NAICS/Industry Codes: 524112 Direct group life, health and medical insurance carriers; Number of Pages: 19p; Document Type: Article L3 - 10.1111/j.1745-6606.2012.01244.x UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=86957646&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Murton, Arthur J. T1 - SUMMARY OF DEPOSITS SURVEY. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2013/06// M3 - Article SP - 1 EP - 5 AB - The article offers information on the procedures for filling and submitting the Summary of Deposits (SOD) survey to Federal Deposit Insurance Corporation (FDIC) by FDIC-insured institutions. It mentions that the procedures include information on date of submission, software vendors and instructions for filling SOD. It informs that SOD survey includes branch office deposits as of June 30, 2013 and should be submitted on or before July 31, 2013. KW - BANK deposits KW - FINANCIAL institutions KW - BANKING industry -- United States KW - UNITED States KW - SOFTWARE KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 92583327; Murton, Arthur J. 1; Affiliations: 1: Director, Division of Insurance and Research; Issue Info: 2013, p1; Thesaurus Term: BANK deposits; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: BANKING industry -- United States; Subject Term: UNITED States; Subject Term: SOFTWARE ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=92583327&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR T1 - Quarterly Banking Profile: Second Quarter 2013. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2013/07// VL - 7 IS - 3 M3 - Article SP - 1 EP - 26 AB - The article discusses second quarter performance of Federal Deposit Insurance Corp.-insured institutions for the 2013 fiscal year. Topics include increase in the deposit insurance funds, decline in noncurrent loan balances and 23 percent increase in the net earnings of the institutions. Other topics include tables depicting selected indicators and income data of the financial institutions, distribution of the assessment base for institutions and changes in the accounting standards of the FASB. KW - FINANCIAL institutions KW - FINANCE KW - INSURANCE -- Finance KW - ECONOMIC indicators KW - CHARTS, diagrams, etc. KW - FEDERAL Deposit Insurance Corp. KW - FINANCIAL Accounting Standards Board N1 - Accession Number: 91931991; Issue Info: 2013, Vol. 7 Issue 3, preceding p1; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: FINANCE; Thesaurus Term: INSURANCE -- Finance; Thesaurus Term: ECONOMIC indicators; Thesaurus Term: CHARTS, diagrams, etc. ; Company/Entity: FEDERAL Deposit Insurance Corp. ; Company/Entity: FINANCIAL Accounting Standards Board; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 525190 Other Insurance Funds; NAICS/Industry Codes: 524292 Third Party Administration of Insurance and Pension Funds; NAICS/Industry Codes: 524298 All Other Insurance Related Activities; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 32p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=91931991&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kupiec, Paul H. AU - Ramirez, Carlos D. T1 - Bank failures and the cost of systemic risk: Evidence from 1900 to 1930. JO - Journal of Financial Intermediation JF - Journal of Financial Intermediation Y1 - 2013/07/01/ M3 - Article SP - 285 EP - 307 SN - 10429573 AB - Abstract: We measure the effect of bank failures on economic growth using data from 1900 to 1930, a period without active government stabilization policies and several severe banking crises. VAR model estimates suggest bank failures have long-lasting negative effects on economic growth. A bank failure shock involving one percent of system liabilities leads to a 6.5% reduction in GNP growth within three quarters and a measurable reduction for 10 quarters. Panel VAR model estimates for the 48 states show bank failures aggravate commercial non-bank failures. Institutional and regulatory features affect the intensity of the bank failure effect. We find that bank failures have a larger impact in states with deposit insurance, in states more heavily concentrated in agriculture, and in states with fewer large firms. However, because a number of states exhibit all three characteristics, we are not able to clearly identify the true marginal effects of these factors independently. [Copyright &y& Elsevier] AB - Copyright of Journal of Financial Intermediation is the property of Academic Press Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - Bank failures KW - Credit channel KW - Non-bank commercial failures KW - Output growth KW - Systemic risk KW - Vector autoregressions N1 - Accession Number: 89330901; Kupiec, Paul H. 1; Email Address: pkupiec@fdic.gov; Ramirez, Carlos D. 2; Email Address: cramire2@gmu.edu; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429, United States; 2: George Mason University, Department of Economics, 4400 University Drive, Fairfax, VA 22030-4444, United States; Issue Info: p285; Author-Supplied Keyword: Bank failures; Author-Supplied Keyword: Credit channel; Author-Supplied Keyword: Non-bank commercial failures; Author-Supplied Keyword: Output growth; Author-Supplied Keyword: Systemic risk; Author-Supplied Keyword: Vector autoregressions; Number of Pages: 23p; Document Type: Article L3 - 10.1016/j.jfi.2012.09.005 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=89330901&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - CONF T1 - Teleconference for Community Banks on the Interim Final Capital Rule. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2013/08// M3 - Proceeding SP - 1 EP - 1 AB - The article presents information on a free teleconference sponsored by the U.S. Federal Deposit Insurance Corporation (FDIC) to be held on August 15, 2013 to discuss the issue of the interim final capital rule for community banks. KW - CAPITAL KW - COMMUNITY banks KW - FEDERAL Deposit Insurance Corp. KW - FEDERAL Deposit Insurance Corp. -- Congresses N1 - Accession Number: 97760636; Issue Info: 2013, p1; Thesaurus Term: CAPITAL; Thesaurus Term: COMMUNITY banks ; Company/Entity: FEDERAL Deposit Insurance Corp. ; Company/Entity: FEDERAL Deposit Insurance Corp. -- Congresses; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 1p; Document Type: Proceeding UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=97760636&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR T1 - Banking Agencies Encourage Financial Institutions to Work with Student Loan Borrowers Experiencing Financial Difficulties. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2013/08// M3 - Article SP - 1 EP - 2 AB - The article discuses the recommendation by the Federal Deposit Insurance Corporation (FDIC) and other U.S. banking agencies that financial institutions work with student loan borrowers experiencing financial difficulties. Topics include the Uniform Retail Credit Classification and Account Management Policy (Retail Credit Policy), programs to aid student borrowers with their debt, and loan workout and modification programs for student borrowers. KW - STUDENT loan debt KW - BANKING industry -- United States KW - STUDENT loans KW - STUDENTS -- Finance KW - FINANCIAL institutions KW - DEBT KW - UNITED States KW - ECONOMIC aspects KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 97760637; Issue Info: 2013, p1; Thesaurus Term: STUDENT loan debt; Thesaurus Term: BANKING industry -- United States; Thesaurus Term: STUDENT loans; Thesaurus Term: STUDENTS -- Finance; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: DEBT; Subject Term: UNITED States; Subject Term: ECONOMIC aspects ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 2p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=97760637&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR T1 - Proposed Interagency Guidance on Company-Run Stress Tests Summary:. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2013/08// M3 - Article SP - 1 EP - 1 AB - The article discusses proposed interagency stress-testing guidance issued by federal banking agencies for the implementation of financial stress tests required under the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA). Topics include federal regulation of financial institutions with assets under one billion dollars, risk management at financial institutions, and recommendations for stress-test practices and methodologies. [ABSTRACT FROM AUTHOR] AB - Copyright of FDIC Summary of Deposits Survey is the property of US Federal Deposit Insurance Corporation and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - FINANCIAL institutions -- Risk management KW - GOVERNMENT agencies KW - CONSUMER protection KW - BANKING law & legislation KW - FINANCIAL stress KW - FEDERAL regulation KW - FINANCIAL institutions -- Law & legislation KW - BANKING industry -- Risk management KW - FINANCIAL institutions KW - ASSET management KW - UNITED States KW - UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act N1 - Accession Number: 97813576; Issue Info: 2013, p1; Thesaurus Term: FINANCIAL institutions -- Risk management; Thesaurus Term: GOVERNMENT agencies; Thesaurus Term: CONSUMER protection; Thesaurus Term: BANKING law & legislation; Thesaurus Term: FINANCIAL stress; Thesaurus Term: FEDERAL regulation; Thesaurus Term: FINANCIAL institutions -- Law & legislation; Thesaurus Term: BANKING industry -- Risk management; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: ASSET management; Subject Term: UNITED States; Reviews & Products: UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 531390 Other Activities Related to Real Estate; NAICS/Industry Codes: 523920 Portfolio Management; Number of Pages: 1p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=97813576&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - CONF T1 - FDIC Announces Upcoming Community Affairs Webinar: How to Effectively Utilize and Implement Financial Education Programs. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2013/08// M3 - Proceeding SP - 1 EP - 1 AB - The article presents information on a webinar hosted by the Federal Deposit Insurance Corporation's (FDIC) Division of Depositor and Consumer Protection (DCP) Community Affairs Branch titled "How To Effectively Utilize and Implement Financial Education Programs" to be held on September 10, 2013 on strategies for financial institutions seeking to implement consumer financial education programs. [ABSTRACT FROM AUTHOR] AB - Copyright of FDIC Summary of Deposits Survey is the property of US Federal Deposit Insurance Corporation and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - CONSUMER education KW - CONSUMER protection KW - UNITED States KW - FEDERAL Deposit Insurance Corp. KW - FEDERAL Deposit Insurance Corp. -- Congresses N1 - Accession Number: 97813578; Issue Info: 2013, p1; Thesaurus Term: CONSUMER education; Thesaurus Term: CONSUMER protection; Subject Term: UNITED States ; Company/Entity: FEDERAL Deposit Insurance Corp. ; Company/Entity: FEDERAL Deposit Insurance Corp. -- Congresses; NAICS/Industry Codes: 926110 Administration of General Economic Programs; NAICS/Industry Codes: 922190 Other Justice, Public Order, and Safety Activities; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 1p; Document Type: Proceeding UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=97813578&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Hoenig, Thomas M. T1 - THE CASE FOR SIMPLE RULES AND LIMITING THE SAFETY NET. JO - CATO Journal JF - CATO Journal Y1 - 2013///Fall2013 VL - 33 IS - 3 M3 - Article SP - 485 EP - 489 PB - Cato Institute SN - 02733072 AB - The author argues for the simplification of U.S. monetary policy rules and the limitation of the protection of what is called the financial safety net as of autumn 2013. He discusses incentives in investment, calls for the improvement of bank supervision, and argues for the strengthening of capital adequacy standards. The article discusses the U.S. Federal Reserve System, the U.S. Federal Deposit Insurance Corporation (FDIC), and financial crises. KW - CAPITAL -- Government policy KW - BANKING industry -- United States KW - GOVERNMENT policy KW - INVESTMENTS -- Government policy KW - MONETARY policy KW - CENTRAL banking industry KW - FINANCIAL crises -- Government policy KW - UNITED States KW - BOARD of Governors of the Federal Reserve System (U.S.) KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 90430866; Hoenig, Thomas M. 1; Affiliation: 1: Vice Chairman of the Federal Deposit Insurance Corporation; Source Info: Fall2013, Vol. 33 Issue 3, p485; Subject Term: CAPITAL -- Government policy; Subject Term: BANKING industry -- United States; Subject Term: GOVERNMENT policy; Subject Term: INVESTMENTS -- Government policy; Subject Term: MONETARY policy; Subject Term: CENTRAL banking industry; Subject Term: FINANCIAL crises -- Government policy; Subject Term: UNITED States; Company/Entity: BOARD of Governors of the Federal Reserve System (U.S.) Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 921130 Public Finance Activities; NAICS/Industry Codes: 523930 Investment Advice; NAICS/Industry Codes: 523999 Miscellaneous Financial Investment Activities; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; NAICS/Industry Codes: 522298 All Other Nondepository Credit Intermediation; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=90430866&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Hanounaa, Paul AU - Sarin, Atulya AU - Shapiro, Alan C. T1 - VALUE OF CORPORATE CONTROL: SOME INTERNATIONAL EVIDENCE. JO - Journal of Investment Management JF - Journal of Investment Management Y1 - 2013///2013 Third Quarter VL - 11 IS - 3 M3 - Article SP - 78 EP - 99 SN - 15459144 AB - The article presents a study that provides a measure of the value of control for domestic and foreign transactions. It mentions the valuation of control as reflected in different offer premium for majority and minority transactions and analyzes a set of domestic and foreign acquisition transactions. It suggests that in the U.S., median premium paid to acquire controlling stake in a company is 30 percent. KW - MAJORITY stockholders KW - MINORITY stockholders KW - STOCKHOLDERS KW - CORPORATIONS -- Valuation KW - FOREIGN investments KW - UNITED States N1 - Accession Number: 90185992; Hanounaa, Paul 1,2; Email Address: paul.hanouna@villanova.edu; Sarin, Atulya 3; Email Address: asarin@scu.edu; Shapiro, Alan C. 4; Email Address: ashapiro@marshall.usc.edu; Affiliations: 1: Villanova School of Business, Villanova University; 2: Center for Financial Research, Federal Deposit Insurance Corporation; 3: Leavey School of Business, Santa Clara University; 4: Marshall School of Business, University of Southern California; Issue Info: 2013 Third Quarter, Vol. 11 Issue 3, p78; Thesaurus Term: MAJORITY stockholders; Thesaurus Term: MINORITY stockholders; Thesaurus Term: STOCKHOLDERS; Thesaurus Term: CORPORATIONS -- Valuation; Thesaurus Term: FOREIGN investments; Subject Term: UNITED States; NAICS/Industry Codes: 522293 International Trade Financing; Number of Pages: 22p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=90185992&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR T1 - Federal Deposit Insurance Corporation. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2013/10// M3 - Article SP - 1 EP - 22 AB - The article discusses topics such as consolidated reports of condition and income, risk management in interest rate market environment and civil money penalties. Rules for loans in special flood hazard areas, stress test reporting under Dodd-Frank Act and guidance for debt restructuring are mentioned. Statement on securities that are held by financial institutions is also discussed. KW - RISK KW - MANAGEMENT KW - INTEREST rates KW - FLOODS KW - DEBT relief KW - FINANCIAL institutions KW - SECURITIES KW - UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act N1 - Accession Number: 97760639; Issue Info: 2013, p1; Thesaurus Term: RISK; Thesaurus Term: MANAGEMENT; Thesaurus Term: INTEREST rates; Thesaurus Term: FLOODS; Thesaurus Term: DEBT relief; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: SECURITIES; Reviews & Products: UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 523110 Investment Banking and Securities Dealing; NAICS/Industry Codes: 523120 Securities Brokerage; Number of Pages: 22p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=97760639&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Patel, Krishna AU - Vella, Francis T1 - IMMIGRANT NETWORKS AND THEIR IMPLICATIONS FOR OCCUPATIONAL CHOICE AND WAGES. JO - Review of Economics & Statistics JF - Review of Economics & Statistics Y1 - 2013/10// VL - 95 IS - 4 M3 - Article SP - 1249 EP - 1277 PB - MIT Press SN - 00346535 AB - Occupational shares of various ethnic groups have grew tremendously in regional U.S. labor markets from 1980 to 2000. Using U.S. Census data, we examine the extent to which this growth is attributed to network effects by studying the relationship between the occupational choice of recently arrived immigrants with those of established immigrants from the same country, We find strong evidence of network effects. First, new arrivals are choosing the same occupations as their compatriots, a decision that is operating at the regional level. Second, individuals who choose the most common occupation of their compatriots enjoy a large and positive earnings effect. [ABSTRACT FROM AUTHOR] AB - Copyright of Review of Economics & Statistics is the property of MIT Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - FOREIGN workers KW - LABOR market KW - RESEARCH KW - WAGES KW - UNITED States KW - IMMIGRANTS KW - ETHNIC groups N1 - Accession Number: 90500356; Patel, Krishna 1; Vella, Francis 2; Affiliations: 1: Federal Deposit Insurance Corporation; 2: Georgetown University; Issue Info: Oct2013, Vol. 95 Issue 4, p1249; Thesaurus Term: FOREIGN workers; Thesaurus Term: LABOR market; Thesaurus Term: RESEARCH; Thesaurus Term: WAGES; Subject Term: UNITED States; Subject Term: IMMIGRANTS; Subject Term: ETHNIC groups; Number of Pages: 29p; Illustrations: 11 Charts, 1 Graph; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=90500356&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - The Federal Deposit Insurance Corporation T1 - How Older Adults Can Steer Clear of Scam Artists. JO - Skanner (Seattle, WA & Portland, OR Combined Edition) JF - Skanner (Seattle, WA & Portland, OR Combined Edition) J1 - Skanner (Seattle, WA & Portland, OR Combined Edition) PY - 2013/10/02/ Y1 - 2013/10/02/ VL - 35 IS - 52 M3 - Article SP - 7 EP - 7 PB - Skanner AB - The article provides several tips for older adults in the U.S. on how to protect themselves from financial fraud and scam artists. KW - SWINDLERS & swindling KW - FRAUD -- Prevention KW - OLDER people -- United States N1 - Accession Number: 108517118; Source Information: 10/2/2013, Vol. 35 Issue 52, p7; Subject Term: SWINDLERS & swindling; Subject Term: FRAUD -- Prevention; Subject Term: OLDER people -- United States; Subject Term: ; Number of Pages: 1p; ; Document Type: Article; ; Full Text Word Count: 893; UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=n5h&AN=108517118&site=ehost-live&scope=site DP - EBSCOhost DB - n5h ER - TY - JOUR AU - Backup, Benjamin R. T1 - Quarterly Banking Profile: Third Quarter 2013. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2013/11// VL - 7 IS - 4 M3 - Article SP - 1 EP - 39 AB - The article offers information on the developments in community banks across the U.S. in the third quarter 2013. Topics include aggregate net income of 36 billion dollars in the third quarter of 2013, decline in mortgage lending after rise in Interest rates and the Deposit Insurance Fund (DIF) Reserve found to be 0.68 percent at September 30, 2013, up from 0.64 percent at June 30, 2013. KW - COMMUNITY banks -- Mortgage departments KW - MORTGAGE loans KW - COMMUNITY banks KW - FINANCE KW - DEPOSIT insurance KW - INTEREST rates KW - ECONOMIC aspects N1 - Accession Number: 94704118; Backup, Benjamin R.; Issue Info: 2013, Vol. 7 Issue 4, preceding p1; Thesaurus Term: COMMUNITY banks -- Mortgage departments; Thesaurus Term: MORTGAGE loans; Thesaurus Term: COMMUNITY banks; Thesaurus Term: FINANCE; Thesaurus Term: DEPOSIT insurance; Thesaurus Term: INTEREST rates; Subject Term: ECONOMIC aspects; NAICS/Industry Codes: 522292 Real Estate Credit; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 43p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=94704118&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kupiec, Paul AU - Yan Lee AU - Rosenfeld, Claire T1 - Macroprudential Policies and the Growth of Bank Credit. JO - AEI Paper & Studies JF - AEI Paper & Studies Y1 - 2013/12// M3 - Article SP - 1 EP - 55 AB - New bank regulations include macroprudential policies to control bank loan growth. Justified by theory, it is unclear whether these policies will work in practice. We estimate the relationship between macroprudential capital and liquidity controls, supervisory intensity, and loan growth using U.S. bank data while controlling for loan demand and other factors that affect loan growth. We find bank funding costs and supervisory monitoring intensity to be the most important determinants of loan growth followed by loan portfolio performance and bank profitability. Bank capital and liquidity ratios have limited impacts, suggesting that macroprudential regulations are unlikely to be effective. [ABSTRACT FROM AUTHOR] AB - Copyright of AEI Paper & Studies is the property of American Enterprise Institute for Public Policy Research and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry -- Government policy KW - BANK loans KW - CAPITAL KW - LIQUIDITY (Economics) KW - LOANS KW - PROFITABILITY KW - Basel III KW - credit crunch KW - Macroprudential regulation KW - procyclicality N1 - Accession Number: 93640881; Kupiec, Paul 1; Yan Lee 2; Rosenfeld, Claire 3; Affiliations: 1: American Enterprise Institute; 2: Federal Deposit Insurance Corporation; 3: Mason School of Business, College of William and Mary; Issue Info: 2013, preceding p1; Thesaurus Term: BANKING industry -- Government policy; Thesaurus Term: BANK loans; Thesaurus Term: CAPITAL; Thesaurus Term: LIQUIDITY (Economics); Thesaurus Term: LOANS; Thesaurus Term: PROFITABILITY; Author-Supplied Keyword: Basel III; Author-Supplied Keyword: credit crunch; Author-Supplied Keyword: Macroprudential regulation; Author-Supplied Keyword: procyclicality; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522321 Central credit unions; NAICS/Industry Codes: 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities; Number of Pages: 56p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=93640881&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - DeYoung, Robert AU - Kowalik, Michal AU - Reidhill, Jack AD - U KS AD - Federal Reserve Bank of Kansas City AD - US Federal Deposit Insurance Corporation T1 - A Theory of Failed Bank Resolution: Technological Change and Political Economics JO - Journal of Financial Stability JF - Journal of Financial Stability Y1 - 2013/12// VL - 9 IS - 4 SP - 612 EP - 627 SN - 15723089 N1 - Accession Number: 1423105; Keywords: Bailout; Bank; Banking; Equilibrium; Equilibrium Conditions; Government; Policy; Political; Technological Change; Technologies; Technology; Publication Type: Journal Article; Update Code: 201403 N2 - We model the failed bank resolution process as a repeated game between a utility-maximizing government resolution authority (RA) and a profit-maximizing banking industry. Limits to resolution technology and political/economic pressure create incentives for the RA to bail out failed complex banks; the inability of the RA to credibly commit to closing these banks creates an incentive for bank complexity. We solve the game in mixed strategies and find equilibrium conditions remarkably descriptive of government responses to actual and potential large bank insolvencies during the recent financial crisis. The central role of the technology constraint in this model highlights a crucial determinant of failed bank resolution policy that has been overlooked in the theory literature to date; without improved resolution technologies, future bank bailouts are inevitable. The effects of political pressure in this model remind us that regulatory reform (e.g., Dodd-Frank) is only as good as the regulators that implement the reform. KW - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior D72 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Firm Performance: Size, Diversification, and Scope L25 KW - Economics of Regulation L51 KW - Technological Change: Choices and Consequences; Diffusion Processes O33 L3 - http://www.sciencedirect.com/science/journal/15723089 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1423105&site=ehost-live&scope=site UR - http://dx.doi.org/10.1016/j.jfs.2012.09.003 UR - http://www.sciencedirect.com/science/journal/15723089 DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Flores, Carlos A. AU - Mitnik, Oscar A. T1 - COMPARING TREATMENTS ACROSS LABOR MARKETS: AN ASSESSMENT OF NONEXPERIMENTAL MULTIPLE-TREATMENT STRATEGIES. JO - Review of Economics & Statistics JF - Review of Economics & Statistics Y1 - 2013/12// VL - 95 IS - 5 M3 - Article SP - 1691 EP - 1707 PB - MIT Press SN - 00346535 AB - We study the effectiveness of nonexperimental strategies in adjusting for comparison group differences when using data from several programs, each implemented at a different location, to compare their effect if implemented at alternative locations. First, we adjust for individual characteristics differences simultaneously across all groups using unconfoundedness-based and conditional difference-in-difference methods for multiple treatments. Second, we adjust for differences in local economic conditions and stress their role after program participation. Our results show that it is critical to have sufficient overlap across locations in both dimensions and illustrate the difficulty of adjusting for local economic conditions that differ greatly across locations. [ABSTRACT FROM AUTHOR] AB - Copyright of Review of Economics & Statistics is the property of MIT Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - LABOR market KW - ECONOMIC stabilization KW - ECONOMIC history KW - DEMOGRAPHIC characteristics KW - HETEROGENEITY N1 - Accession Number: 93299182; Flores, Carlos A. 1; Mitnik, Oscar A. 2,3; Affiliations: 1: California Polytechnic State University at San Luis Obispo; 2: Federal Deposit Insurance Corporation; 3: IZA; Issue Info: Dec2013, Vol. 95 Issue 5, p1691; Thesaurus Term: LABOR market; Thesaurus Term: ECONOMIC stabilization; Thesaurus Term: ECONOMIC history; Subject Term: DEMOGRAPHIC characteristics; Subject Term: HETEROGENEITY; Number of Pages: 17p; Illustrations: 5 Charts, 2 Graphs; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=93299182&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Guntay, Levent AU - Kupiec, Paul T1 - Taking the risk out of systemic risk measurement I. JO - AEI Paper & Studies JF - AEI Paper & Studies Y1 - 2014/01// M3 - Article SP - 1 EP - 37 AB - An emerging literature proposes using conditional value at risk (CoVaR) and marginal expected shortfall (MES) to measure financial institution systemic risk. We identify two weaknesses in this literature: (1) it lacks formal statistical hypothesis tests; and, (2) it confounds systemic and systematic risk. We address these weaknesses by introducing a null hypothesis that stock returns are normally distributed. This allows us to separate systemic from systematic risk and construct hypothesis tests for the presence of systemic risk. We calculate the sampling distribution of these new test statistics and apply our tests to daily stock returns data over the period 2006-2007. The null hypothesis is rejected in many instances, consistent with tail dependence and systemic risk but the CoVaR and MES tests often disagree about which firms are potentially "systemic." The highly restrictive nature of the null hypothesis and the wide range of firms identified as systemic makes us reluctant to interpret rejections as clear evidence of systemic risk. The introduction of hypothesis testing is our primary contribution, and the results highlight the importance of generalizing the approach to less restrictive stock return processes and to other systemic risk measures derived from return data. [ABSTRACT FROM AUTHOR] AB - Copyright of AEI Paper & Studies is the property of American Enterprise Institute for Public Policy Research and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - SYSTEMIC risk (Finance) KW - RISK assessment KW - VALUE at risk KW - FINANCIAL institutions KW - STATISTICAL hypothesis testing KW - conditional value at risk KW - CoVaR KW - marginal expected shortfall KW - MES KW - SIFIs KW - systemic risk KW - systemically important financial institutions N1 - Accession Number: 94809569; Guntay, Levent 1; Email Address: paul.kupiec@aei.org; Kupiec, Paul 2; Email Address: leguntay@fdic.gov; Affiliations: 1: Senior Financial Economist, American Enterprise Institute; 2: Federal Deposit Insurance Corporation and Resident Scholar, American Enterprise Institute; Issue Info: 2014, p1; Thesaurus Term: SYSTEMIC risk (Finance); Thesaurus Term: RISK assessment; Thesaurus Term: VALUE at risk; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: STATISTICAL hypothesis testing; Author-Supplied Keyword: conditional value at risk; Author-Supplied Keyword: CoVaR; Author-Supplied Keyword: marginal expected shortfall; Author-Supplied Keyword: MES; Author-Supplied Keyword: SIFIs; Author-Supplied Keyword: systemic risk; Author-Supplied Keyword: systemically important financial institutions; NAICS/Industry Codes: 522291 Consumer Lending; Number of Pages: 37p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=94809569&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Waldrop, Ross AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Fourth Quarter 2013 JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 1 SP - 1 EP - 14 N1 - Accession Number: 1447177; Keywords: Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201407 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1447177&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Waldrop, Ross AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Second Quarter 2014: Insured Institution Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 3 SP - 1 EP - 13 N1 - Accession Number: 1476534; Keywords: Bank; Banking; Earnings; FDIC; Mortgage; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201502 N2 - FDIC-insured institutions reported aggregate net income of $40.2 billion in the second quarter of 2014, up $2 billion (5.3 percent) from earnings of $38.2 billion the industry reported a year earlier. The increase in earnings was mainly attributable to a $1.9 billion (22.4 percent) decline in loan-loss provisions and a $1.5 billion (1.4 percent) decline in noninterest expenses. Strong loan growth contributed to an increase in net interest income compared to a year ago. However, lower income from reduced mortgage activity and a drop in trading revenue contributed to a year-over-year decline in noninterest income. More than half of the 6,656 insured institutions reporting (57.5 percent) had year-over-year growth in quarterly earnings. The proportion of banks that were unprofitable during the second quarter fell to 6.8 percent from 8.4 percent a year earlier. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1476534&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Waldrop, Ross AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Third Quarter 2014: Insured Institution Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 4 SP - 1 EP - 13 N1 - Accession Number: 1500947; Keywords: Bank; Banking; Earnings; FDIC; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201506 N2 - FDIC-insured institutions reported aggregate net income of $38.7 billion in the third quarter of 2014, up $2.6 billion (7.3 percent) from earnings of $36.1 billion the industry reported a year earlier. The increase in earnings was mainly attributable to a $7.8 billion (4.8 percent) increase in net operating revenue, the biggest since the fourth quarter of 2009. Almost two-thirds of the 6,589 insured institutions reporting (62.9 percent) had year-over-year growth in quarterly earnings. The proportion of banks that were unprofitable during the third quarter fell to 6.4 percent from 8.7 percent a year earlier. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1500947&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Tikvina, Benjamin AD - US Federal Deposit Insurance Corporation T1 - Community Bank Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 2 SP - 14 EP - 19 N1 - Accession Number: 1459043; Keywords: Bank; Earnings; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201410 N2 - Community banks--which represent 93 percent of insured institutions--reported $4.4 billion in earnings with net interest income up five percent over first quarter 2013. While overall earnings declined, the 1.5 percent decline was less than the 7.6 percent decline for the industry. Lower noninterest income and higher noninterest expense reduced earnings for community banks. Community banks hold 45 percent of small loans to businesses and saw annual total loan growth of almost 7 percent. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1459043&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Tikvina, Benjamin AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Second Quarter 2014: Community Bank Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 3 SP - 14 EP - 19 N1 - Accession Number: 1476535; Keywords: Bank; Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201502 N2 - Community banks--which represent 93 percent of insured institutions--reported net income of $4.9 billion in the second quarter, up $166 million (3.5 percent) from one year earlier. The increase was driven by higher net interest income and lower loan loss provisions. In the second quarter of 2014, loan balances at community banks grew at a faster pace than in the industry, asset quality indicators continued to show improvement, and community banks accounted for 45 percent of small loans to businesses. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1476535&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Brown, Kevin AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Fourth Quarter 2013: Insurance Fund Indicators JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 1 SP - 15 EP - 18 N1 - Accession Number: 1447178; Keywords: Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201407 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1447178&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Tikvina, Benjamin AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Third Quarter 2014: Community Bank Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 4 SP - 15 EP - 21 N1 - Accession Number: 1500948; Keywords: Bank; Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201506 N2 - Community banks-which represent 93 percent of insured institutions--reported net income of $4.9 billion in the third quarter, up $470.7 million (10.7 percent) from third quarter 2013. The increase was driven by improved net operating revenue and lower provision expenses. In the third quarter of 2014, loan balances at community banks grew at a faster pace than in the industry, asset quality indicators continued to show improvement, and community banks accounted for 45 percent of small loans to businesses. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1500948&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Brown, Kevin AD - US Federal Deposit Insurance Corporation T1 - Insurance Fund Indicators JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 2 SP - 20 EP - 23 N1 - Accession Number: 1459044; Keywords: Deposit; FDIC; Reserves; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201410 N2 - Estimated insured deposits increased by 1.9 percent in the first quarter of 2014. The DIF reserve ratio was 0.80 percent at March 31, 2014, up from 0.79 percent at December 31, 2013, and 0.60 percent at March 31, 2013. Five FDIC-insured institutions failed during the quarter. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1459044&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Brown, Kevin AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Second Quarter 2014: Insurance Fund Indicators JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 3 SP - 20 EP - 23 N1 - Accession Number: 1476536; Keywords: Banking; Deposit; FDIC; Reserves; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201502 N2 - Estimated insured deposits decreased slightly (0.2 percent) from the prior quarter, but increased 2.6 percent from one year earlier. The DIF reserve ratio was 0.84 percent at June 30, 2014, up from 0.80 percent at March 31, 2014, and 0.64 percent at June 30, 2013. Seven FDIC-insured institutions failed during the quarter. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1476536&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Brown, Kevin AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Third Quarter 2014: Insurance Fund Indicators JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 4 SP - 22 EP - 25 N1 - Accession Number: 1500949; Keywords: Banking; Deposit; FDIC; Reserves; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201506 N2 - Estimated insured deposits increased 0.4 percent from the prior quarter and increased 2.8 percent over the 12 months ending September 30, 2014. The DIF reserve ratio was 0.89 percent at September 30, 2014, up from 0.84 percent at June 30, 2014, and 0.68 percent at September 30, 2013. Two FDIC-insured institutions failed during the quarter. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1500949&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Backup, Benjamin R. AU - Brown, Richard A. AD - US Federal Deposit Insurance Corporation AD - US Federal Deposit Insurance Corporation T1 - Community Banks Remain Resilient amid Industry Consolidation JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 2 SP - 33 EP - 43 N1 - Accession Number: 1459046; Keywords: Bank; Banking; FDIC; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201410 N2 - There has been a great deal of focus recently on banking industry consolidation and its effects on community banks. New analysis based on the FDIC's functional definition of the community bank shows that these institutions have been highly resilient amid long-term industry consolidation. The rate of attrition among community banks over the past decade has been less than half that of noncommunity banks. When community banks have been acquired, almost two-thirds of the time the acquirer has been another community bank. After more than 30 years of consolidation, the evidence strongly suggests that community banks will continue to carry out their important financial role for the foreseeable future. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Production, Pricing, and Market Structure; Size Distribution of Firms L11 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1459046&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Breitenstein, Eric C. AU - Chu, Karyen AU - Kalser, Kathy AU - Robbins, Eric W. AD - US Federal Deposit Insurance Corporation AD - US Federal Deposit Insurance Corporation AD - US Federal Deposit Insurance Corporation AD - US Federal Deposit Insurance Corporation T1 - Minority Depository Institutions: Structure, Performance, and Social Impact JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 3 SP - 33 EP - 63 N1 - Accession Number: 1476537; Keywords: Depository; FDIC; Financial Institution; Financial Service; Mortgage; Standard; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201502 N2 - While the number of minority depository institutions (MDIs) and community development financial institutions (CDFIs) is relatively small compared with the total number of insured institutions, MDIs and CDFIs play an important role in providing financial services to the communities they seek to serve. This study describes MDIs and FDIC-insured CDFIs and how the structure of this segment of the financial services industry has changed over time. The study also compares the performance of MDIs with other insured institutions. Although MDIs tend to underperform non-MDI institutions in terms of standard industry financial performance measures, the study finds that MDI offices tend to be located in communities with higher shares of minority populations. In addition, MDIs were found to originate a greater share of their mortgages to borrowers living in low- and moderate-income census tracts and to minority borrowers compared with other financial institutions. These findings demonstrate a high level of commitment on the part of MDIs to the populations they seek to serve and the essential role they play in their local communities. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1476537&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Anderlik, John M. AU - Cofer, Richard D., Jr. AD - US Federal Deposit Insurance Corporation AD - US Federal Deposit Insurance Corporation T1 - Long-Term Trends in Rural Depopulation and Their Implications for Community Banks JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2014/// VL - 8 IS - 2 SP - 44 EP - 59 N1 - Accession Number: 1459047; Keywords: Bank; Deposit; Lending; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201410 N2 - This article discusses rural depopulation, a long-term trend that not only encompasses half of the nation's rural counties, but also intensified in many areas in the 2000s. Technological advances that continue to make farms larger are the main driver of the trends, and as such the Great Plains and the Corn Belt are the areas with the most counties experiencing population outflows. Community banks in depopulating areas tend to specialize in agricultural lending, which is far less common in metropolitan and micropolitan areas. The unusual strength in the agricultural sector in the 2000s, even through the U.S. recession, helped community banks in depopulating rural areas avoid many of the asset quality and earnings issues that affected banks located elsewhere. The strong agricultural sector also enabled these institutions to grow assets and deposits at relatively high rates, when such growth had been challenging in these areas before the agricultural boom. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1459047&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR T1 - Federal Deposit Insurance Corporation. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2014/01// M3 - Article SP - 1 EP - 8 AB - The article discusses Federal Deposit Insurance Corp.'s (FDIC) Consolidated Reports of Condition and Income, revision of regulatory reports and community affairs webinar. Municipal advisors registration is also mentioned. Several letters from the FDIC to the chief executive officers (CEO) of financial institutions are presented. KW - INCOME KW - WEBINARS KW - FINANCIAL institutions KW - CHIEF executive officers KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 97760641; Issue Info: 2014, p1; Thesaurus Term: INCOME; Thesaurus Term: WEBINARS; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: CHIEF executive officers ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 8p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=97760641&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Hoenig, Thomas M. AD - US Federal Deposit Insurance Corporation T1 - Remarks on Banking Reform JO - Business Economics JF - Business Economics Y1 - 2014/04// VL - 49 IS - 2 SP - 99 EP - 103 SN - 0007666X N1 - Accession Number: 1446105; Keywords: Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201407 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Firm Performance: Size, Diversification, and Scope L25 KW - Economics of Regulation L51 L3 - http://www.palgrave-journals.com/be/archive/index.html UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1446105&site=ehost-live&scope=site UR - http://www.palgrave-journals.com/be/archive/index.html DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Kapinos, Pavel S. T1 - Myopia, Discretion, and Commitment in a Two-Period AS/AD Model. JO - Southern Economic Journal JF - Southern Economic Journal Y1 - 2014/04// VL - 80 IS - 4 M3 - Article SP - 1055 EP - 1069 PB - John Wiley & Sons, Inc. SN - 00384038 AB - A large body of pedagogical literature has recently emerged to place the New Keynesian framework for analyzing business cycle fluctuations and the conduct of monetary policy into undergraduate economics curricula. This article develops the graphical apparatus for the analysis of optimal monetary policy in the context of a two-period model under alternative assumptions about the formation of inflationary expectations. It demonstrates that differences in assumptions about the formation of inflationary expectations translate into quite different conclusions regarding the optimal conduct of monetary policy. [ABSTRACT FROM AUTHOR] AB - Copyright of Southern Economic Journal is the property of John Wiley & Sons, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - KEYNESIAN economics KW - BUSINESS cycles KW - MONETARY policy KW - ECONOMICS KW - FISCAL policy KW - STUDY & teaching (Higher) N1 - Accession Number: 95738977; Kapinos, Pavel S. 1; Email Address: pkapinos@carleton.edu; Affiliations: 1: Department of Economics, Carleton College, 1 N College, Street, Northfield, MN 55057, USA; Division of Insurance and Research, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429, USA; Issue Info: Apr2014, Vol. 80 Issue 4, p1055; Thesaurus Term: KEYNESIAN economics; Thesaurus Term: BUSINESS cycles; Thesaurus Term: MONETARY policy; Thesaurus Term: ECONOMICS; Thesaurus Term: FISCAL policy; Subject Term: STUDY & teaching (Higher); NAICS/Industry Codes: 921130 Public Finance Activities; Number of Pages: 15p; Document Type: Article; Full Text Word Count: 6555 L3 - 10.4284/0038-4038-2012.174 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=95738977&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Ellis, Diane T1 - SUMMARY OF DEPOSITS SURVEY. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2014/06// M3 - Article SP - 1 EP - 5 AB - The article presents the Summary of Deposits (SOD), an annual survey of branch office deposits as of June 30, 2014, for all U.S. Federal Deposit Insurance Corp. (FDIC)-insured institutions. It mentions the need for institutions to register users of FDIC connect and to assign transaction privileges to the person responsible for the submission of the survey. It also notes the use of the vendor software to prepare a file for upload to the FDIC and the use of FDIC's Interactive SOD Survey Option. KW - COMPUTER software KW - DOCUMENTATION KW - SURVEYS -- United States KW - PUBLIC institutions KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 97197081; Ellis, Diane; Issue Info: Jun2014, p1; Thesaurus Term: COMPUTER software; Thesaurus Term: DOCUMENTATION; Subject Term: SURVEYS -- United States; Subject Term: PUBLIC institutions ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 417310 Computer, computer peripheral and pre-packaged software merchant wholesalers; NAICS/Industry Codes: 423430 Computer and Computer Peripheral Equipment and Software Merchant Wholesalers; NAICS/Industry Codes: 443144 Computer and software stores; NAICS/Industry Codes: 511211 Software publishers (except video game publishers); NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=97197081&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR T1 - Interagency Guidance on Home Equity Lines of Credit (HELOCs) Nearing Their End-of-Draw Period. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2014/07// M3 - Article SP - 1 EP - 21 AB - News related to the financial market in the U.S. in 2014 is presented. Reported is the near end of draw period for the Interagency Guidance on Home Equity Lines of Credit among financial institutions. The webinar on community bank of the Federal Deposit Insurance Corp.'s (FDIC) Division of Depositor and Consumer Protection Community on July 31 is announced. The supervisory approach of FDIC to institutions that established account relationships with third-party payment processors is clarified. KW - SECURITIES markets KW - HOME equity loans KW - LINES of credit KW - WEBINARS KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 98901077; Issue Info: Jul2014, p1; Thesaurus Term: SECURITIES markets; Thesaurus Term: HOME equity loans; Thesaurus Term: LINES of credit; Thesaurus Term: WEBINARS ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522292 Real Estate Credit; NAICS/Industry Codes: 523110 Investment Banking and Securities Dealing; NAICS/Industry Codes: 523210 Securities and Commodity Exchanges; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 21p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=98901077&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR T1 - FDIC Announces Youth Savings Pilot Program. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2014/08// M3 - Article SP - 1 EP - 2 AB - News from the U.S. Federal Deposit Insurance Corp. in 2014 is presented. FDIC invites its insured institutions to apply and take part in its Youth Savings Pilot Program for financial education. Information on the interagency guidance with regards to deceptive or unfair credit practices among financial institutions is provided. KW - FINANCIAL management -- Study & teaching KW - CREDIT management KW - SAVING & investment KW - FINANCIAL institutions KW - ABSTRACTS KW - STUDY & teaching KW - UNITED States KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 98901078; Issue Info: Aug2014, p1; Thesaurus Term: FINANCIAL management -- Study & teaching; Thesaurus Term: CREDIT management; Thesaurus Term: SAVING & investment; Thesaurus Term: FINANCIAL institutions; Subject Term: ABSTRACTS; Subject Term: STUDY & teaching; Subject Term: UNITED States ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; NAICS/Industry Codes: 523920 Portfolio Management; Number of Pages: 2p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=98901078&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Butler, Cheri T1 - FOREWORD to this SPECIAL VETERANS ISSUE. JO - Career Planning & Adult Development Journal JF - Career Planning & Adult Development Journal Y1 - 2014///Fall2014 VL - 30 IS - 3 M3 - Article SP - 12 EP - 13 PB - Career Planning & Adult Development Network SN - 07361920 AB - A foreword to the Veterans special issue of "Career Planning & Adult Development Journal" is presented. KW - VOCATIONAL guidance KW - VETERANS KW - ADULT development N1 - Accession Number: 109145276; Butler, Cheri 1; Email Address: cbutler0923@gmail.com; Affiliations: 1: Career Counselor, Federal Deposit Insurance Corporation; Issue Info: Fall2014, Vol. 30 Issue 3, p12; Thesaurus Term: VOCATIONAL guidance; Subject Term: VETERANS; Subject Term: ADULT development; NAICS/Industry Codes: 923140 Administration of Veterans' Affairs; NAICS/Industry Codes: 624310 Vocational Rehabilitation Services; Number of Pages: 2p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ent&AN=109145276&site=ehost-live&scope=site DP - EBSCOhost DB - ent ER - TY - JOUR T1 - Regulatory Capital Rules: Regulatory Capital, Revisions to the Supplementary Leverage Ratio. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2014/09// M3 - Article SP - 1 EP - 10 AB - News from the U.S. Federal Deposit Insurance Corp. (FDIC) in 2014 is presented. The final rule revising the supplementary leverage ration denominator pursuant to the revised regulatory capital rule implemented by the banking agencies is issued. FDIC, Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Agency issue the final rule on liquidity coverage. FDIC announces guidance that would help recovery the severely flooding and storm ravaged areas in Michigan. KW - BANKING industry -- Government policy KW - CAPITAL KW - GOVERNMENT policy KW - SECURITIES markets KW - DISASTER relief KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 98901009; Issue Info: Sep2014, p1; Thesaurus Term: BANKING industry -- Government policy; Thesaurus Term: CAPITAL; Thesaurus Term: GOVERNMENT policy; Thesaurus Term: SECURITIES markets; Subject Term: DISASTER relief ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 523210 Securities and Commodity Exchanges; NAICS/Industry Codes: 523110 Investment Banking and Securities Dealing; NAICS/Industry Codes: 922190 Other Justice, Public Order, and Safety Activities; NAICS/Industry Codes: 624230 Emergency and Other Relief Services; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 10p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=98901009&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kim, Kyungmin AU - Pogach, Jonathan T1 - Honesty vs. advocacy. JO - Journal of Economic Behavior & Organization JF - Journal of Economic Behavior & Organization Y1 - 2014/09// VL - 105 M3 - Article SP - 51 EP - 74 SN - 01672681 AB - We examine the roles and values of honesty and advocacy in communication by studying two closely-related variants of the standard cheap-talk game. In the honesty model, the sender is behavioral and honestly reveals the state with a positive probability. In the advocacy model, the sender is strategic but has no bias with a positive probability. In each model, the sender is strategic and has some bias with the complementary probability. We identify the effects on communication of commitment by the honest type to telling the truth and well-intentioned manipulation of the strategic type with no bias. We also show that neither characteristic uniformly dominates the other from the viewpoints of both the receiver and the biased sender: each player's maximal expected utility can be larger or smaller in one model than in the other, depending on parameter values. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Economic Behavior & Organization is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - COMMUNICATION KW - HONESTY KW - SOCIAL advocacy KW - PROBABILITY theory KW - GAME theory KW - TRUTH KW - Advocacy KW - Cheap-talk KW - Honesty N1 - Accession Number: 97085644; Kim, Kyungmin 1; Email Address: kyungmin-kim@uiowa.edu Pogach, Jonathan 2; Email Address: jon.pogach@gmail.com; Affiliation: 1: University of Iowa, United States 2: Federal Deposit Insurance Corporation, United States; Source Info: Sep2014, Vol. 105, p51; Subject Term: COMMUNICATION; Subject Term: HONESTY; Subject Term: SOCIAL advocacy; Subject Term: PROBABILITY theory; Subject Term: GAME theory; Subject Term: TRUTH; Author-Supplied Keyword: Advocacy; Author-Supplied Keyword: Cheap-talk; Author-Supplied Keyword: Honesty; NAICS/Industry Codes: 813319 Other Social Advocacy Organizations; NAICS/Industry Codes: 813310 Social advocacy organizations; NAICS/Industry Codes: 813311 Human Rights Organizations; Number of Pages: 24p; Document Type: Article L3 - 10.1016/j.jebo.2014.04.020 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=97085644&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Davison, Lee K. AU - Ramirez, Carlos D. T1 - Local banking panics of the 1920s: Identification and determinants. JO - Journal of Monetary Economics JF - Journal of Monetary Economics Y1 - 2014/09// VL - 66 M3 - Article SP - 164 EP - 177 SN - 03043932 AB - Using a newly discovered dataset of U.S. bank suspensions from 1921 to 1929, we discovered that banking panics were more common in the 1920s than had been believed. Besides identifying panics, we investigate their determinants, finding that local banking panics were more likely when fundamental economic conditions were generally weak and more likely in "overbanked" states; they were less likely in states with deposit insurance or states where a relatively large share of banks belonged to chain banking organizations. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Monetary Economics is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry KW - FINANCIAL crises KW - FISCAL policy KW - BANK runs KW - CLUSTER analysis (Statistics) KW - UNITED States KW - Bank runs KW - Banking panics KW - Cluster analysis KW - U.S. banking history N1 - Accession Number: 97386951; Davison, Lee K. 1; Ramirez, Carlos D. 2,3; Email Address: cramire2@gmu.edu; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Corporation, United States; 2: Department of Economics, George Mason University, 4400 University Drive, Fairfax, VA 22030-4444, United States; 3: Center for Financial Research, Federal Deposit Insurance Corporation, United States; Issue Info: Sep2014, Vol. 66, p164; Thesaurus Term: BANKING industry; Thesaurus Term: FINANCIAL crises; Thesaurus Term: FISCAL policy; Thesaurus Term: BANK runs; Thesaurus Term: CLUSTER analysis (Statistics); Subject: UNITED States; Author-Supplied Keyword: Bank runs; Author-Supplied Keyword: Banking panics; Author-Supplied Keyword: Cluster analysis; Author-Supplied Keyword: U.S. banking history; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 921130 Public Finance Activities; Number of Pages: 14p; Document Type: Article L3 - 10.1016/j.jmoneco.2014.05.001 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=97386951&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Goodstein, Ryan M. T1 - Refinancing Trends among Lower Income and Minority Homeowners during the Housing Boom and Bust. JO - Real Estate Economics JF - Real Estate Economics Y1 - 2014///Fall2014 VL - 42 IS - 3 M3 - Article SP - 690 EP - 723 PB - Wiley-Blackwell SN - 10808620 AB - This article examines trends in mortgage refinancing activity during the housing boom and bust, with a focus on homeowners in lower income and minority market (LIMM) areas. Unlike any other period in recent history, during the boom LIMM homeowners refinanced their mortgages more frequently than non-LIMM homeowners. This occurred primarily among borrowers for whom the refinance option was not in-the-money, and it is likely attributable to the concurrent growth of subprime, cash-out refinancing. Following the 2007 mortgage market collapse, however, LIMM homeowners were less likely to refinance. This can be explained in part by systematic differences in home equity levels across borrowers. [ABSTRACT FROM AUTHOR] AB - Copyright of Real Estate Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - MORTGAGE loans -- Refinancing KW - HOUSING -- Finance KW - FINANCIAL crises KW - SUBPRIME mortgages KW - HOMEOWNERS -- Economic conditions -- 21st century N1 - Accession Number: 97654911; Goodstein, Ryan M. 1; Affiliations: 1: Division of Depositor and Consumer Protection, Federal Deposit Insurance Corporation; Issue Info: Fall2014, Vol. 42 Issue 3, p690; Thesaurus Term: MORTGAGE loans -- Refinancing; Thesaurus Term: HOUSING -- Finance; Thesaurus Term: FINANCIAL crises; Thesaurus Term: SUBPRIME mortgages; Subject Term: HOMEOWNERS -- Economic conditions -- 21st century; NAICS/Industry Codes: 624229 Other Community Housing Services; Number of Pages: 34p; Document Type: Article L3 - 10.1111/1540-6229.12032 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=97654911&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR T1 - DEPOSITORY INSTITUTION REPORTS. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2014/10// M3 - Article SP - 1 EP - 5 AB - News from the U.S. Federal Deposit Insurance Corp. (FDIC) in 2014 is presented. Noted is the call for the financial institutions to file for their Consolidated Reports of Condition and Income from by September 30 and should be submitted on October 30. The series of banker teleconferences of FDIC is announced. KW - FINANCIAL statements KW - FINANCIAL management KW - SECURITIES markets KW - FINANCIAL institutions KW - UNITED States KW - CONGRESSES KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 98901051; Issue Info: Oct2014, p1; Thesaurus Term: FINANCIAL statements; Thesaurus Term: FINANCIAL management; Thesaurus Term: SECURITIES markets; Thesaurus Term: FINANCIAL institutions; Subject Term: UNITED States; Subject Term: CONGRESSES ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 523110 Investment Banking and Securities Dealing; NAICS/Industry Codes: 523210 Securities and Commodity Exchanges; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; NAICS/Industry Codes: 523920 Portfolio Management; Number of Pages: 5p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=98901051&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kupiec, Paul H. AU - Guntay, Levent T1 - Testing for systemic risk using stock returns. JO - AEI Paper & Studies JF - AEI Paper & Studies Y1 - 2015/01// M3 - Article SP - 1 EP - 53 AB - Conditional value at risk (CoVaR) and marginal expected shortfall (MES) have been proposed as stock return based measures of the systemic risk created by individual financial institutions even though the literature provides no formal hypothesis test for detecting systemic risk. We address this shortcoming by constructing hypothesis test statistics for CoVaR and MES that can be used to detect systemic risk at the institution level. We apply our tests to daily stock returns data for over 3500 firms during 2006-2007. CoVaR (MES) tests identify almost 500 (1000) firms as systemically important. Both tests identify many more real-side firms than financial firms, and they often disagree about which firms are systemic. Analysis of the hypothesis tests' performance for plausible alternative hypotheses finds that return skewness can cause test rejections and, even when systemic risk imparts a strong signal in stock return distributions, hypothesis tests based on CoVaR and MES may fail to detect it. Our overall conclusion is that CoVaR and MES are not reliable measures of systemic risk. [ABSTRACT FROM AUTHOR] AB - Copyright of AEI Paper & Studies is the property of American Enterprise Institute for Public Policy Research and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - SYSTEMIC risk (Finance) KW - RESEARCH KW - RISK KW - FINANCIAL crises KW - STOCKS (Finance) KW - SECURITIES KW - conditional value at risk KW - CoVaR KW - marginal expected shortfall KW - MES KW - SIFIs KW - systemic risk KW - systemically important financial institutions N1 - Accession Number: 101143258; Kupiec, Paul H. 1; Email Address: paul.kupiec@aei.org; Guntay, Levent 2; Email Address: leguntay@fdic.gov; Affiliations: 1: American Enterprise Institute; 2: Federal Deposit Insurance Corporation (FDIC); Issue Info: Jan2015, p1; Thesaurus Term: SYSTEMIC risk (Finance); Thesaurus Term: RESEARCH; Thesaurus Term: RISK; Thesaurus Term: FINANCIAL crises; Thesaurus Term: STOCKS (Finance); Thesaurus Term: SECURITIES; Author-Supplied Keyword: conditional value at risk; Author-Supplied Keyword: CoVaR; Author-Supplied Keyword: marginal expected shortfall; Author-Supplied Keyword: MES; Author-Supplied Keyword: SIFIs; Author-Supplied Keyword: systemic risk; Author-Supplied Keyword: systemically important financial institutions; NAICS/Industry Codes: 523110 Investment Banking and Securities Dealing; NAICS/Industry Codes: 523120 Securities Brokerage; Number of Pages: 53p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=101143258&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Waldrop, Ross AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: First Quarter 2015: Insured Institution Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2015/// VL - 9 IS - 2 SP - 1 EP - 13 N1 - Accession Number: 1528700; Keywords: Bank; Banking; Earnings; FDIC; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201511 N2 - FDIC-insured institutions reported aggregate net income of $39.8 billion in the first quarter of 2015, up $2.6 billion (6.9 percent) from a year earlier. The increase in earnings was mainly attributable to a $4.3 billion rise in net operating revenue (net interest income plus total noninterest income). Of the 6,419 insured institutions in the first quarter of 2015, nearly two-thirds (62.7 percent) reported year-over-year growth in quarterly earnings. The proportion of banks that were unprofitable during the first quarter fell to 5.6 percent from 7.4 percent a year earlier. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1528700&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Waldrop, Ross AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Second Quarter 2015 JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2015/// VL - 9 IS - 3 SP - 1 EP - 13 N1 - Accession Number: 1552489; Keywords: Bank; Banking; Earnings; FDIC; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201603 N2 - FDIC-insured institutions reported aggregate net income of $43 billion in the second quarter of 2015, up $2.9 billion (7.3 percent) from a year earlier and the highest quarterly income on record. The increase in earnings was mainly attributable to a $3.6 billion rise in net operating revenue (net interest income plus total noninterest income). Of the 6,348 insured institutions in the second quarter of 2015, more than half (58.7 percent) reported year-over-year growth in quarterly earnings. The proportion of banks that were unprofitable during the second quarter fell from 6.8 percent a year earlier to 5.6 percent, the lowest since the first quarter of 2005. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1552489&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Waldrop, Ross AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Third Quarter 2015 JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2015/// VL - 9 IS - 4 SP - 1 EP - 13 N1 - Accession Number: 1565866; Keywords: Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201605 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 KW - New Firms; Startups M13 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1565866&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Tikvina, Benjamin AD - US Federal Deposit Insurance Corporation T1 - Community Bank Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2015/// VL - 9 IS - 4 SP - 15 EP - 22 N1 - Accession Number: 1565867; Keywords: Bank; Banking; Merger; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201605 N2 - Community banks are identified based on criteria defined in the FDIC's Community Banking Study. When comparing community bank performance across quarters, prior-quarter dollar amounts are based on community banks designated in the current quarter, adjusted for mergers. In contrast, prior-quarter performance ratios are based on community banks designated during the prior quarter. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance G34 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1565867&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Tikvina, Benjamin AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: First Quarter 2015: Community Bank Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2015/// VL - 9 IS - 2 SP - 15 EP - 22 N1 - Accession Number: 1528701; Keywords: Bank; Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201511 N2 - Community banks--which represent 93 percent of insured institutions--reported net income of $4.9 billion in the first quarter, up $690.9 million (16.4 percent) from one year earlier. The increase was driven by higher net interest income and noninterest income, coupled with lower loan-loss provisions. In the first quarter of 2015, loan balances at community banks grew at a faster pace than in the industry, asset quality indicators continued to show improvement, and community banks accounted for 44 percent of small loans to businesses. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1528701&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Brown, Kevin AD - US Federal Deposit Insurance Corporation T1 - Insurance Fund Indicators JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2015/// VL - 9 IS - 4 SP - 23 EP - 26 N1 - Accession Number: 1565868; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201605 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1565868&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Brown, Kevin AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: First Quarter 2015: Insurance Fund Indicators JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2015/// VL - 9 IS - 2 SP - 23 EP - 27 N1 - Accession Number: 1528702; Keywords: Banking; Deposit; FDIC; Reserves; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201511 N2 - Estimated insured deposits increased by 2.3 percent in the first quarter of 2015 and increased by 3.6 percent over the past four quarters. The DIF reserve ratio rose to 1.03 percent on March 31, 2015, up from 1.01 percent at December 31, 2014, and 0.80 percent at March 31, 2014. Four FDIC-insured institutions failed during the quarter. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Bankruptcy; Liquidation G33 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1528702&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Anderlik, John M. AU - Brown, Richard A. AU - Fritzdixon, Kathryn L. AD - US Federal Deposit Insurance Corporation AD - US Federal Deposit Insurance Corporation AD - US Federal Deposit Insurance Corporation T1 - Financial Performance and Management Structure of Small, Closely Held Banks JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2015/// VL - 9 IS - 4 SP - 38 EP - 47 N1 - Accession Number: 1565869; Keywords: Bank; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201605 KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance G34 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1565869&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Ellis, Diane T1 - SUMMARY OF DEPOSITS SURVEY. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2015/06// M3 - Article SP - 1 EP - 5 AB - The article presents the June 2015 Financial Institution Letter issued by the U.S. Federal Deposit Insurance Cooperation (FDIC) which concerns its 2015 Summary of Deposits (SOD) annual survey involving FDIC-insured financial institutions. Topics discussed include the compliance of concerned branch offices to this survey, the availability of software designed to help with SOD filing from vendors such as FIS Compliance Solutions, and the importance of data accuracy in SOD filing. KW - BANK deposits KW - FINANCIAL institutions KW - FINANCIAL institutions -- Software KW - COMPLIANCE KW - UNITED States KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 110085513; Ellis, Diane; Issue Info: Jun2015, p1; Thesaurus Term: BANK deposits; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: FINANCIAL institutions -- Software; Thesaurus Term: COMPLIANCE; Subject Term: UNITED States ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 6p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=110085513&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kennickell, Arthur B. AU - Kwast, Myron L. AU - Pogach, Jonathan T1 - Small Businesses and Small Business Finance during the Financial Crisis and the Great Recession: New Evidence From the Survey of Consumer Finances. JO - Working Papers -- U.S. Federal Reserve Board's Finance & Economic Discussion Series JF - Working Papers -- U.S. Federal Reserve Board's Finance & Economic Discussion Series Y1 - 2015/06// M3 - Article SP - 1 EP - 94 AB - We use the Federal Reserve's 2007, 2009 re-interview of 2007 respondents, and 2010 Surveys of Consumer Finances (SCFs) to examine the experiences of small businesses owned and actively managed by households during these turbulent years. This is the first paper to use these SCFs to study small businesses even though the surveys contain extensive data on a broad cross-section of firms and their owners. We find that the vast majority of small businesses were severely affected by the financial crisis and the Great Recession, including facing tight credit constraints. We document numerous and often complex interdependencies between the finances of small businesses and their owner-manager households, including a more complicated role of housing assets than has been reported previously. We find that workers who lost their job responded in part by starting their own small business, and that factors correlated with the survival of a small business differed greatly depending upon whether the firm was established or new. Our results strongly reinforce the importance of relationship finance to small businesses, and the primary role of commercial banks in such relationships. We find that both cross-section and panel data are needed to understand the complex issues associated with the creation, survival and failure of small businesses. [ABSTRACT FROM AUTHOR] AB - Copyright of Working Papers -- U.S. Federal Reserve Board's Finance & Economic Discussion Series is the property of US Federal Reserve Board and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BUSINESS enterprises -- Finance KW - SMALL business KW - GLOBAL Financial Crisis, 2008-2009 KW - RECESSIONS -- 2008-2013 KW - CONSUMER finance companies KW - UNITED States KW - BOARD of Governors of the Federal Reserve System (U.S.) N1 - Accession Number: 103125887; Kennickell, Arthur B. 1; Kwast, Myron L. 2; Pogach, Jonathan 2; Affiliations: 1: Board of Governors, Federal Reserve System, Washington, D.C.; 2: Federal Deposit Insurance Corporation, Washington, D.C.; Issue Info: Jun2015, preceding p1; Thesaurus Term: BUSINESS enterprises -- Finance; Thesaurus Term: SMALL business; Thesaurus Term: GLOBAL Financial Crisis, 2008-2009; Thesaurus Term: RECESSIONS -- 2008-2013; Thesaurus Term: CONSUMER finance companies; Subject Term: UNITED States ; Company/Entity: BOARD of Governors of the Federal Reserve System (U.S.); NAICS/Industry Codes: 522299 All other non-depository credit intermediation; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 921130 Public Finance Activities; Number of Pages: 95p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=103125887&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR T1 - Federal Deposit Insurance Corporation. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2015/07// M3 - Article SP - 1 EP - 10 AB - The article presents a Cybersecurity Assessment Tool issued by the Federal Deposit Insurance Corp. (FDIC) in coordination with the Federal Financial Institutions Examination Council (FFIEC). It states that the tool was designed to help financial institution to identify cybersecurity risks and how to address the issue. Information regarding the risk management strategies, applicability of the tool to banks under $1 billion in total assets, and registration for teleconference, are also mentioned. KW - RISK assessment KW - FINANCIAL institutions -- Risk management KW - BANKING industry KW - TELECONFERENCING KW - INTERNET security KW - FEDERAL Deposit Insurance Corp. KW - FEDERAL Financial Institutions Examination Council (U.S.) N1 - Accession Number: 120892192; Issue Info: Jul2015, p1; Thesaurus Term: RISK assessment; Thesaurus Term: FINANCIAL institutions -- Risk management; Thesaurus Term: BANKING industry; Thesaurus Term: TELECONFERENCING; Subject Term: INTERNET security ; Company/Entity: FEDERAL Deposit Insurance Corp. ; Company/Entity: FEDERAL Financial Institutions Examination Council (U.S.); NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 519130 Internet Publishing and Broadcasting and Web Search Portals; NAICS/Industry Codes: 517110 Wired Telecommunications Carriers; NAICS/Industry Codes: 561499 All Other Business Support Services; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; Number of Pages: 10p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=120892192&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Lee, Hyejin AU - Lee, Junsoo AU - Im, Kyungso T1 - More powerful cointegration tests with non-normal errors. JO - Studies in Nonlinear Dynamics & Econometrics JF - Studies in Nonlinear Dynamics & Econometrics Y1 - 2015/09// VL - 19 IS - 4 M3 - Article SP - 397 EP - 413 SN - 10811826 AB - In this paper, we suggest new cointegration tests that can become more powerful in the presence of non-normal errors. Non-normal errors will not pose a problem in usual cointegration tests even when they are ignored. However, we show that they can become useful sources to improve the power of the tests when we use the 'residual augmented least squares' (RALS) procedure to make use of nonlinear moment conditions driven by non-normal errors. The suggested testing procedure is easy to implement and it does not require any non-linear estimation techniques. We can exploit the information on the non-normal error distribution that is already available but ignored in the usual cointegration tests. Our simulation results show significant power gains over existing cointegration tests in the presence of non-normal errors. [ABSTRACT FROM AUTHOR] AB - Copyright of Studies in Nonlinear Dynamics & Econometrics is the property of De Gruyter and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - COINTEGRATION KW - NONLINEAR theories KW - COMPUTER simulation KW - NONLINEAR estimation KW - LEAST squares KW - C12 KW - C15 KW - C22 KW - cointegration KW - non-normal errors KW - nonlinear processes KW - RALS N1 - Accession Number: 109539702; Lee, Hyejin 1; Lee, Junsoo 1; Im, Kyungso 2; Affiliations: 1: Department of Economics, Finance, and Legal Studies, University of Alabama, Tuscaloosa, AL 35487, USA; 2: Federal deposit Insurance Corporation (FDIC), 550 17th Street, NW, Washington, DC, USA; Issue Info: Sep2015, Vol. 19 Issue 4, p397; Thesaurus Term: COINTEGRATION; Subject Term: NONLINEAR theories; Subject Term: COMPUTER simulation; Subject Term: NONLINEAR estimation; Subject Term: LEAST squares; Author-Supplied Keyword: C12; Author-Supplied Keyword: C15; Author-Supplied Keyword: C22; Author-Supplied Keyword: cointegration; Author-Supplied Keyword: non-normal errors; Author-Supplied Keyword: nonlinear processes; Author-Supplied Keyword: RALS; Number of Pages: 17p; Illustrations: 8 Charts; Document Type: Article L3 - 10.1515/snde-2013-0060 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=109539702&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Bennett, Rosalind L. AU - Güntay, Levent AU - Unal, Haluk T1 - Inside debt, bank default risk, and performance during the crisis. JO - Journal of Financial Intermediation JF - Journal of Financial Intermediation Y1 - 2015/10// VL - 24 IS - 4 M3 - Article SP - 487 EP - 513 SN - 10429573 AB - In this paper, we examine whether the structure of the chief executive officer’s (CEO) compensation package can explain default risk and performance in bank holding companies (BHCs) during the recent credit crisis. Using a sample of 371 BHCs, we show that in 2006 higher holdings of inside debt relative to inside equity by a CEO after controlling for firm leverage is associated with lower default risk and better performance during the crisis period. We present evidence that before the crisis banks with higher inside debt ratios also have supervisory ratings that indicate stronger capital positions, better management, stronger earnings, and being in a better position to withstand market shocks in the future. Such ex-ante evidence can explain the observed relationship between inside debt, default risk, and performance during the crisis. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial Intermediation is the property of Academic Press Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - BANKING industry -- Risk management KW - DEBT KW - FINANCIAL crises KW - ORGANIZATIONAL performance KW - CHIEF executive officers KW - BANK holding companies KW - COUNTERPARTY risk KW - Bank risk KW - Executive compensation KW - Financial crises N1 - Accession Number: 111496808; Bennett, Rosalind L. 1; Güntay, Levent 1; Unal, Haluk 2; Email Address: hunal@rhsmith.umd.edu; Affiliations: 1: Federal Deposit Insurance Corporation, United States; 2: University of Maryland, R.H. Smith School of Business, United States; Issue Info: Oct2015, Vol. 24 Issue 4, p487; Thesaurus Term: BANKING industry -- Risk management; Thesaurus Term: DEBT; Thesaurus Term: FINANCIAL crises; Thesaurus Term: ORGANIZATIONAL performance; Thesaurus Term: CHIEF executive officers; Thesaurus Term: BANK holding companies; Subject Term: COUNTERPARTY risk; Author-Supplied Keyword: Bank risk; Author-Supplied Keyword: Executive compensation; Author-Supplied Keyword: Financial crises; NAICS/Industry Codes: 551111 Offices of Bank Holding Companies; NAICS/Industry Codes: 551113 Holding companies; Number of Pages: 27p; Document Type: Article L3 - 10.1016/j.jfi.2014.11.006 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=111496808&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Bennett, Rosalind L. AU - Hwa, Vivian AU - Kwast, Myron L. AD - Federal Deposit Insurance Corporation, Washington, DC AD - Federal Deposit Insurance Corporation, Washington, DC AD - Federal Deposit Insurance Corporation, Washington, DC T1 - Market Discipline by Bank Creditors during the 2008-2010 Crisis JO - Journal of Financial Stability JF - Journal of Financial Stability Y1 - 2015/10// VL - 20 SP - 51 EP - 69 SN - 15723089 N1 - Accession Number: 1541151; Keywords: Bank; FDIC; Policy; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201601 N2 - We investigate whether uninsured depositors, insured depositors, and general creditors exhibit evidence of quantity market discipline during the recent financial crisis. To establish which types of creditors expect to incur loss, we evaluate the FDIC's expectations about losses to creditors at banks that failed between 2008 and 2010. Our results show that quantity market discipline tends to begin far enough in advance to signal to both banks and supervisors that corrective actions can and should be taken. Furthermore, creditors are able to distinguish between banks of different risk levels. Our findings support several policy implications for encouraging market discipline. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.sciencedirect.com/science/journal/15723089 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1541151&site=ehost-live&scope=site UR - http://dx.doi.org/10.1016/j.jfs.2015.06.003 UR - http://www.sciencedirect.com/science/journal/15723089 DP - EBSCOhost DB - ecn ER - TY - JOUR AU - COSTANTINO, CATHY A. T1 - Having Tea with Your Demons and Creating in the Tension: A Tribute to Christina Sickles Merchant. JO - Conflict Resolution Quarterly JF - Conflict Resolution Quarterly Y1 - 2015/12/02/2015 Supplement VL - 33 M3 - Article SP - S129 EP - S132 SN - 15365581 AB - Th is article describes the process Christina Sickles-Merchant and Cathy Costantino used to write Designing Conflict Management Systems. Th e article explores the interplay of organization development (OD), alternative dispute resolution (ADR), and dispute systems design (DSD), which the authors used to create an approach to interest-based conflict management systems design (CMSD) that develops systems in concert with the stakeholders. [ABSTRACT FROM AUTHOR] AB - Copyright of Conflict Resolution Quarterly is the property of John Wiley & Sons, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - CONFLICT management KW - DISPUTE resolution (Law) KW - INDUSTRIAL relations KW - MERCHANT, Christina KW - COSTANTINO, Cathy N1 - Accession Number: 112021548; COSTANTINO, CATHY A. 1,2; Affiliation: 1: Counsel at the Federal Deposit Insurance Corporation 2: Adjunct Professor at Georgetown Law School, Fordham Law School, and Vermont Law School; Source Info: 2015 Supplement, Vol. 33, pS129; Subject Term: CONFLICT management; Subject Term: DISPUTE resolution (Law); Subject Term: INDUSTRIAL relations; People: MERCHANT, Christina; People: COSTANTINO, Cathy; Number of Pages: 4p; Document Type: Article L3 - 10.1002/crq.21141 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=112021548&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - McKeen, Elizabeth L.1 AU - Patel, Bimal2 AU - Pavel, Ashley1 T1 - Robust Causality and Cautionary Standards: Why the Inclusive Communities Decision, Despite Upholding Disparate-Impact Liability, Establishes New Protections for Defendants--Part II. JO - Banking Law Journal JF - Banking Law Journal J1 - Banking Law Journal PY - 2016/01// Y1 - 2016/01// VL - 133 IS - 1 CP - 1 M3 - Article SP - 16 EP - 24 SN - 00055506 AB - In this two-part article, the authors illustrate the defendant-facing protections of the recent Inclusive Communities decision by examining disparate-impact claims that previously survived dismissal. The first part of the article, which appeared in the November/December 2015 issue of The Banking Law Journal, provided background on the issue prior to the Inclusive Communities ruling, explained the decision, and discussed why Inclusive Communities articulates a more demanding standard for asserting a disparate-impact claim. This second part of the article, explains why Inclusive Communities should result in swift disposition of meritless FHA claims. [ABSTRACT FROM AUTHOR] KW - Disparate impact (Law) KW - Discrimination -- Law & legislation KW - Defendants KW - Liability (Law) KW - United States. Federal Housing Administration N1 - Accession Number: 116476836; Authors:McKeen, Elizabeth L. 1; Patel, Bimal 2; Pavel, Ashley 1; Affiliations: 1: O'Melveny & Myers LLP's Financial Services, Practice; 2: Senior Advisor to Director Jeremiah O. Norton at the Federal Deposit Insurance Corporation; Subject: Disparate impact (Law); Subject: Discrimination -- Law & legislation; Subject: Defendants; Subject: United States. Federal Housing Administration; Subject: Liability (Law); Number of Pages: 9p; Court Cases: NAACP v. Ameriquest Mortgage Co.; City of Memphis v. Wells Fargo Bank N.A.; Barrett v. H&R Block Inc.; Record Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=lft&AN=116476836&site=ehost-live&scope=site DP - EBSCOhost DB - lft ER - TY - JOUR AU - Waldrop, Ross AD - US Federal Deposit Insurance Corporation T1 - Insured Institution Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2016/// VL - 10 IS - 2 SP - 1 EP - 13 N1 - Accession Number: 1602515; Keywords: Bank; Earnings; FDIC; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201611 N2 - FDIC-insured institutions reported aggregate net income of $40.8 billion in the fourth quarter of 2015, up $4.4 billion (11.9 percent) from earnings of $36.5 billion a year earlier. The increase in earnings was mainly attributable to a $6.8 billion increase in net operating revenue and a $2.7 billion decline in noninterest expenses. The reduction in noninterest expenses is attributed to a drop in litigation expenses at a few large banks. Of the 6,182 insured institutions reporting fourth quarter financial results, more than half (56.6 percent) reported year-over-year growth in quarterly earnings. The proportion of banks that were unprofitable in the fourth quarter fell from 9.9 percent a year earlier to 9.1 percent, the lowest level for a fourth quarter since 1996. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1602515&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Waldrop, Ross AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Fourth Quarter 2015: Insured Institution Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2016/// VL - 10 IS - 1 SP - 1 EP - 14 N1 - Accession Number: 1577616; Keywords: Bank; Banking; Earnings; FDIC; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201607 N2 - FDIC-insured institutions reported aggregate net income of $39.1 billion in the first quarter of 2016, down $765 million (1.9 percent) from a year earlier. The decline in earnings was mainly attributable to a $4.2 billion increase in provisions for loan losses and a $2.2 billion decline in noninterest income. The increase in loan-loss provisions is primarily attributable to rising levels of troubled loans to commercial and industrial borrowers, particularly in the energy sector. The decline in noninterest income reflects weakness in trading income at a few large banks, as well as lower income from asset servicing. Of the 6,122 insured institutions reporting first quarter financial results, more than half (61.4 percent) reported year-over-year growth in quarterly earnings. The proportion of banks that were unprofitable in the first quarter fell from 5.7 percent a year earlier to 5 percent, the lowest level since the first quarter of 1998. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1577616&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Waldrop, Ross AD - Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Second Quarter 2016: Insured Institution Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2016/// VL - 10 IS - 3 SP - 1 EP - 14 N1 - Accession Number: 1612443; Keywords: Bank; Banking; FDIC; Reserves; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201701 N2 - FDIC-insured institutions reported aggregate net income of $43.6 billion in the second quarter of 2016, up $584 million (1.4 percent) from a year earlier. The increase in earnings was mainly attributable to a $5.2 billion (4.8 percent) increase in net interest income and a $981 million decline in expenses for litigation reserves at a few large banks. Banks increased their loan-loss provisions by $3.6 billion (44.2 percent) compared to a year ago, partly in response to rising levels of troubled loans to commercial and industrial borrowers, particularly in the energy sector. Of the 6,058 insured institutions reporting second quarter financial results, 60.1 percent reported year-over-year growth in quarterly earnings. The proportion of banks that were unprofitable in the second quarter fell to 4.5 percent from 5.8 percent a year earlier. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1612443&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Tikvina, Benjamin AD - US Federal Deposit Insurance Corporation T1 - Community Bank Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2016/// VL - 10 IS - 2 SP - 15 EP - 22 N1 - Accession Number: 1602516; Keywords: Bank; Earnings; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201611 N2 - Community banks--which represent 93 percent of insured institutions--reported net income of $5.1 billion in the fourth quarter, up $198.7 million (4 percent) from the year-earlier quarter. Earnings improved on higher net interest income and noninterest income, but were offset in part by higher loan-loss provisions and noninterest expense. Asset quality indicators continued to improve, and community banks accounted for 44 percent of small loans to businesses. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1602516&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Tikvina, Benjamin AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Fourth Quarter 2015: Community Bank Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2016/// VL - 10 IS - 1 SP - 15 EP - 22 N1 - Accession Number: 1577617; Keywords: Bank; Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201607 N2 - Community banks--which represent 93 percent of insured institutions--reported net income of $5.2 billion in the first quarter, up $353.6 million (7.4 percent) from the year-earlier quarter. Improved revenue from net interest income and noninterest income was offset in part by higher loan-loss provisions and noninterest expense. Asset quality indicators continued to improve, and community banks accounted for 44 percent of small loans to businesses. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1577617&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Tikvina, Benjamin AD - Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Second Quarter 2016: Community Bank Performance JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2016/// VL - 10 IS - 3 SP - 15 EP - 22 N1 - Accession Number: 1612444; Keywords: Bank; Banking; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201701 N2 - Community banks--which represent 92 percent of insured institutions--reported net income of $5.5 billion in the second quarter, up $451.3 million (9 percent) from the year-earlier quarter. Higher revenue from net interest income and noninterest income was offset in part by higher loan-loss provisions and noninterest expense. Asset quality indicators continued to improve, and community banks accounted for 44 percent of small loans to businesses. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1612444&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Brown, Kevin AD - US Federal Deposit Insurance Corporation T1 - Insurance Fund Indicators JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2016/// VL - 10 IS - 2 SP - 23 EP - 27 N1 - Accession Number: 1602517; Keywords: Deposit; FDIC; Reserves; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201611 N2 - Insured deposits increased by 1.8 percent in the fourth quarter of 2015. The DIF reserve ratio rose to 1.11 percent on December 31, 2015, up from 1.09 percent at September 30, 2015, and 1.01 percent at December 31, 2014. Two FDIC-insured institutions failed during the quarter. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1602517&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Brown, Kevin AD - US Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Fourth Quarter 2015: Insurance Fund Indicators JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2016/// VL - 10 IS - 1 SP - 23 EP - 26 N1 - Accession Number: 1577618; Keywords: Banking; Deposit; FDIC; Reserves; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201607 N2 - Insured deposits increased by 1.8 percent in the fourth quarter of 2015. The DIF reserve ratio rose to 1.11 percent on December 31, 2015, up from 1.09 percent at September 30, 2015, and 1.01 percent at December 31, 2014. Two FDIC-insured institutions failed during the quarter. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 KW - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G32 KW - Bankruptcy; Liquidation G33 KW - Firm Performance: Size, Diversification, and Scope L25 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1577618&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR AU - Brown, Kevin AD - Federal Deposit Insurance Corporation T1 - Quarterly Banking Profile: Second Quarter 2016: Insurance Fund Indicators JO - FDIC Quarterly JF - FDIC Quarterly Y1 - 2016/// VL - 10 IS - 3 SP - 23 EP - 27 N1 - Accession Number: 1612445; Keywords: Banking; Deposit; FDIC; Regulation; Reserves; Geographic Descriptors: U.S.; Geographic Region: Northern America; Publication Type: Journal Article; Update Code: 201701 N2 - Insured deposits increased by only 0.2 percent in the second quarter of 2016. The DIF reserve ratio (the fund balance as a percent of estimated insured deposits) increased to 1.17 percent in the second quarter of 2016 from 1.13 percent in the prior quarter. Under FDIC regulations, several changes to the assessment system take effect beginning the quarter after the DIF reserve ratio first reaches or exceeds 1.15 percent. KW - Banks; Depository Institutions; Micro Finance Institutions; Mortgages G21 KW - Financial Institutions and Services: Government Policy and Regulation G28 L3 - http://www.fdic.gov/bank/analytical/quarterly/ UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=1612445&site=ehost-live&scope=site UR - http://www.fdic.gov/bank/analytical/quarterly/ DP - EBSCOhost DB - ecn ER - TY - JOUR T1 - Federal Deposit Insurance Corporation. JO - FDIC Summary of Deposits Survey JF - FDIC Summary of Deposits Survey Y1 - 2016/01// M3 - Article SP - 1 EP - 14 AB - The article offers information related to independent government agency Federal Deposit Insurance Corp. (FDIC). Topics discussed include guideline for regulatory relief to financial institutions and for recovery of Mississippi areas affected by storms, tornadoes, and flooding, Consolidated Reports of Condition and Income for December 31, 2015, and live seminars on deposit insurance coverage for bank officers and employees between February 23, 2016 and December 5. KW - FINANCIAL institutions KW - FINANCIAL statements KW - DEPOSIT insurance KW - DISASTER relief KW - CONGRESSES KW - FEDERAL Deposit Insurance Corp. N1 - Accession Number: 120892197; Issue Info: Jan2016, p1; Thesaurus Term: FINANCIAL institutions; Thesaurus Term: FINANCIAL statements; Thesaurus Term: DEPOSIT insurance; Subject Term: DISASTER relief; Subject Term: CONGRESSES ; Company/Entity: FEDERAL Deposit Insurance Corp.; NAICS/Industry Codes: 624230 Emergency and Other Relief Services; NAICS/Industry Codes: 922190 Other Justice, Public Order, and Safety Activities; NAICS/Industry Codes: 522291 Consumer Lending; NAICS/Industry Codes: 524129 Other direct insurance (except life, health and medical) carriers; NAICS/Industry Codes: 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers; Number of Pages: 14p; Document Type: Article UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=120892197&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kapinos, Pavel AU - Gurley-Calvez, Tami AU - Kapinos, Kandice T1 - (Un)expected housing price changes: Identifying the drivers of small business finance. JO - Journal of Economics & Business JF - Journal of Economics & Business Y1 - 2016/03// VL - 84 M3 - Article SP - 79 EP - 94 SN - 01486195 AB - In this paper, we use the Kauffman Firm Survey to examine the effect of housing price changes on small business financial variables. We apply macroeconomic forecasting techniques to decompose housing price changes into expected and unexpected components. In addition to investigating the effect of predictable and unpredictable movements in housing prices, we argue that our use of forecast errors allows us to identify plausibly exogenous variation in housing prices. We show that for several measures of small business financing, the unexpected housing price changes have particularly large effects on small business balance sheets. Analysis of specific measures of credit access points to the channels of transmission of housing market disruptions on small business outcomes and suggests that small business owners absorb negative shocks to housing wealth through relatively expensive sources of credit and not through loans from the banking sector. We conclude with policy proposals for reducing the effect of housing market disruptions on small businesses. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Economics & Business is the property of Elsevier Science Publishing Company, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - HOUSING KW - PRICES KW - GOVERNMENT policy KW - SMALL business -- Finance KW - HOME prices KW - HOUSING market KW - BANKING industry KW - D14 KW - Forecasting KW - G17 KW - House price changes KW - Small business finance N1 - Accession Number: 114132433; Kapinos, Pavel 1; Email Address: pkapinos@fdic.gov; Gurley-Calvez, Tami 2; Email Address: tgurley-calvez@kumc.edu; Kapinos, Kandice 3; Email Address: kkapinos@rand.org; Affiliations: 1: Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429, United States; 2: University of Kansas Medical Center, 3901 Rainbow Blvd. Kansas City, KS 66160, United States; 3: RAND Corporation, 1200 South Hayes Street, Arlington, VA 22202, United States; Issue Info: Mar2016, Vol. 84, p79; Thesaurus Term: HOUSING; Thesaurus Term: PRICES; Thesaurus Term: GOVERNMENT policy; Thesaurus Term: SMALL business -- Finance; Thesaurus Term: HOME prices; Thesaurus Term: HOUSING market; Thesaurus Term: BANKING industry; Author-Supplied Keyword: D14; Author-Supplied Keyword: Forecasting; Author-Supplied Keyword: G17; Author-Supplied Keyword: House price changes; Author-Supplied Keyword: Small business finance; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522111 Personal and commercial banking industry; Number of Pages: 16p; Document Type: Article L3 - 10.1016/j.jeconbus.2016.02.002 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=114132433&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Choi, Yongok AU - Jacewitz, Stefan AU - Park, Joon Y. T1 - A reexamination of stock return predictability. JO - Journal of Econometrics JF - Journal of Econometrics Y1 - 2016/05// VL - 192 IS - 1 M3 - Article SP - 168 EP - 189 SN - 03044076 AB - We provide a simple and innovative approach to test for predictability in stock returns. Our approach consists of two methodologies, time change and instrumental variable estimation, which are employed respectively to deal effectively with persistent stochastic volatility in stock returns and endogenous nonstationarity in their predictors. These are prominent characteristics of the data used in predictive regressions, which are known to have a substantial impact on the test of predictability, if not properly taken care of. Our test finds no evidence supporting stock return predictability, at least if we use the common predictive ratios such as dividend–price and earnings–price ratios. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Econometrics is the property of Elsevier Science and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - STOCKS (Finance) -- Rate of return KW - DIVIDENDS KW - ECONOMIC impact KW - VOLATILITY (Finance) KW - STOCHASTIC analysis KW - C13 KW - C22 KW - Cauchy estimator KW - Nonstationarity KW - Predictive regression KW - Stochastic volatility KW - Time change N1 - Accession Number: 113374291; Choi, Yongok 1; Jacewitz, Stefan 2; Park, Joon Y. 3,4; Email Address: joon@indiana.edu; Affiliations: 1: Department of Financial Policy, Korea Development Institute, Republic of Korea; 2: Center for Financial Research, Federal Deposit Insurance Corporation, United States; 3: Department of Economics, Indiana University, United States; 4: Department of Economics, Sungkyunkwan University, Republic of Korea; Issue Info: May2016, Vol. 192 Issue 1, p168; Thesaurus Term: STOCKS (Finance) -- Rate of return; Thesaurus Term: DIVIDENDS; Thesaurus Term: ECONOMIC impact; Thesaurus Term: VOLATILITY (Finance); Thesaurus Term: STOCHASTIC analysis; Author-Supplied Keyword: C13; Author-Supplied Keyword: C22; Author-Supplied Keyword: Cauchy estimator; Author-Supplied Keyword: Nonstationarity; Author-Supplied Keyword: Predictive regression; Author-Supplied Keyword: Stochastic volatility; Author-Supplied Keyword: Time change; Number of Pages: 22p; Document Type: Article L3 - 10.1016/j.jeconom.2015.02.048 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=113374291&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Best, Gabriela AU - Kapinos, Pavel T1 - Monetary policy and news shocks: are Taylor rules forward-looking? JO - B.E. Journal of Macroeconomics JF - B.E. Journal of Macroeconomics Y1 - 2016/06// VL - 16 IS - 2 M3 - Article SP - 335 EP - 360 SN - 19351690 AB - This paper extends a standard New Keynesian model by introducing anticipated shocks to inflation, output, and interest rates, and by incorporating forward-looking, forecast-targeting Taylor rules. The latter aspect is parsimoniously modeled through the presence of an expected future interest rate term in the Taylor rule that recent literature has found to be economically and statistically important in a variety of settings without anticipated shocks. Using Bayesian econometric methods, we find that the presence of anticipated shocks improves the model's fit to the US data but substantially decreases the weight on future macroeconomic variables in the forward-looking Taylor rule. Our results suggest that, although communicating its intentions regarding future monetary policy conduct, as modeled by anticipated monetary shocks, plays an important role for the Fed, responding to its expectations of future macroeconomic conditions does not. Furthermore, we conduct extensive robustness checks with respect to modeling the forward-looking specification of the Taylor rule that confirm our baseline results. [ABSTRACT FROM AUTHOR] AB - Copyright of B.E. Journal of Macroeconomics is the property of De Gruyter and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - MONETARY policy KW - INFLATION (Finance) KW - MACROECONOMICS KW - INTEREST rates KW - TAYLOR'S rule KW - anticipated shocks KW - Calvo-type Taylor rule KW - E31 KW - E32 KW - E52 KW - forward guidance KW - monetary policy KW - New Keynesian model N1 - Accession Number: 115897059; Best, Gabriela 1; Kapinos, Pavel 2; Affiliations: 1: California State University, Fullerton, CA, USA; 2: Division of Insurance and Research, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429, USA; Issue Info: Jun2016, Vol. 16 Issue 2, p335; Thesaurus Term: MONETARY policy; Thesaurus Term: INFLATION (Finance); Thesaurus Term: MACROECONOMICS; Thesaurus Term: INTEREST rates; Subject Term: TAYLOR'S rule; Author-Supplied Keyword: anticipated shocks; Author-Supplied Keyword: Calvo-type Taylor rule; Author-Supplied Keyword: E31; Author-Supplied Keyword: E32; Author-Supplied Keyword: E52; Author-Supplied Keyword: forward guidance; Author-Supplied Keyword: monetary policy; Author-Supplied Keyword: New Keynesian model; Number of Pages: 26p; Document Type: Article L3 - 10.1515/bejm-2014-0161 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=115897059&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Kapinos, Pavel AU - Mitnik, Oscar T1 - A Top-down Approach to Stress-testing Banks. JO - Journal of Financial Services Research JF - Journal of Financial Services Research Y1 - 2016/06// VL - 49 IS - 2/3 M3 - Article SP - 229 EP - 264 SN - 09208550 AB - We propose a simple, parsimonious, and easily implementable method for stress-testing banks using a top-down approach that captures the heterogeneous impact of shocks to macroeconomic variables on banks' capitalization. Our approach relies on a variable selection method to identify the macroeconomic drivers of banking variables as well as the balance sheet and income statement factors that are key in explaining bank heterogeneity in response to macroeconomic shocks. We perform a principal component analysis on the selected variables and show how the principal component factors can be used to make projections, conditional on exogenous paths of macroeconomic variables. We apply our approach, using alternative estimation strategies and assumptions, to the 2013 and 2014 stress tests of medium- and large-size U.S. banks mandated by the Dodd-Frank Act, and obtain stress projections for capitalization measures at the bank-by-bank and industry-wide levels. Our results suggest that accounting for bank heterogeneity yields expected capital shortfalls that can be over 30 percent larger than in the case where heterogeneity is ignored. Furthermore, we find that while capitalization of the U.S. banking industry has improved in recent years, under reasonable assumptions regarding growth in assets and loans, the stress scenarios continue to imply sizable deterioration in banks' capital positions. [ABSTRACT FROM AUTHOR] AB - Copyright of Journal of Financial Services Research is the property of Springer Science & Business Media B.V. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - TEST marketing KW - BANK management KW - MACROECONOMICS KW - BUSINESS cycle accounting KW - Banking KW - Dodd-Frank Act. KW - G17 KW - G21 KW - G28 KW - Stress testing KW - UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act N1 - Accession Number: 116170271; Kapinos, Pavel 1; Email Address: pkapinos@fdic.gov; Mitnik, Oscar 2; Email Address: oscar@mitnik.net; Affiliations: 1: Division of Insurance and Research, Federal Deposit Insurance Corporation, 550 17th Street NW Washington 20429 USA; 2: Office of Strategic Planning and Development Effectiveness, Inter-American Development Bank, 1300 New York Avenue, NW Washington 20577 USA; Issue Info: Jun2016, Vol. 49 Issue 2/3, p229; Thesaurus Term: TEST marketing; Thesaurus Term: BANK management; Thesaurus Term: MACROECONOMICS; Thesaurus Term: BUSINESS cycle accounting; Author-Supplied Keyword: Banking; Author-Supplied Keyword: Dodd-Frank Act.; Author-Supplied Keyword: G17; Author-Supplied Keyword: G21; Author-Supplied Keyword: G28; Author-Supplied Keyword: Stress testing; Reviews & Products: UNITED States. Dodd-Frank Wall Street Reform & Consumer Protection Act; NAICS/Industry Codes: 522110 Commercial Banking; NAICS/Industry Codes: 522120 Savings Institutions; NAICS/Industry Codes: 522111 Personal and commercial banking industry; NAICS/Industry Codes: 522190 Other Depository Credit Intermediation; Number of Pages: 36p; Illustrations: 5 Charts, 12 Graphs; Document Type: Article L3 - 10.1007/s10693-015-0228-8 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=116170271&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - JOUR AU - Weinstein, Jeffrey M. T1 - THE IMPACT OF SCHOOL RACIAL COMPOSITIONS ON NEIGHBORHOOD RACIAL COMPOSITIONS: EVIDENCE FROM SCHOOL REDISTRICTING. JO - Economic Inquiry JF - Economic Inquiry Y1 - 2016/07// VL - 54 IS - 3 M3 - Article SP - 1365 EP - 1382 SN - 00952583 AB - I use data surrounding public school redistricting to study how school racial compositions affect neighborhood racial compositions. This redistricting followed from the end of court-ordered busing for racial desegregation, significantly changing the racial composition of the assigned school for many neighborhoods. Over a 5-year period, the impact of an increase in the percent black of the assigned elementary school on the percent black of the neighborhood was positive. The effects increased over time, consistent with a simple model of short-run neighborhood racial dynamics. These results have implications for potential effects of school racial desegregation policy changes on neighborhood racial compositions. ( JEL H75, I28, R23) [ABSTRACT FROM AUTHOR] AB - Copyright of Economic Inquiry is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - SCHOOL integration -- United States KW - PUBLIC schools KW - HISTORY KW - DEMOGRAPHIC characteristics KW - BOARD of Education of Oklahoma City v. Dowell (Supreme Court case) KW - UNITED States KW - CHARLOTTE-Mecklenburg Schools N1 - Accession Number: 115230739; Weinstein, Jeffrey M. 1; Affiliation: 1: Senior Financial Economist, Division of Depositor and Consumer Protection, Federal Deposit Insurance Corporation; Source Info: Jul2016, Vol. 54 Issue 3, p1365; Subject Term: SCHOOL integration -- United States; Subject Term: PUBLIC schools; Subject Term: HISTORY; Subject Term: DEMOGRAPHIC characteristics; Subject Term: BOARD of Education of Oklahoma City v. Dowell (Supreme Court case); Subject Term: UNITED States; Company/Entity: CHARLOTTE-Mecklenburg Schools; Number of Pages: 18p; Illustrations: 11 Charts; Document Type: Article L3 - 10.1111/ecin.12329 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=115230739&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Shoukry, George F. N. T1 - CRIMINALS' RESPONSE TO CHANGING CRIME LUCRE. JO - Economic Inquiry JF - Economic Inquiry Y1 - 2016/07// VL - 54 IS - 3 M3 - Article SP - 1464 EP - 1483 SN - 00952583 AB - How do criminals respond to changes in the benefit from committing a successful crime? This question is relevant for understanding the effectiveness of crime-fighting policies that reduce demand for illegal goods, disrupt black markets, and otherwise eliminate cheaper avenues to illicit gain. However, the literature has not sufficiently addressed this question, partly because finding a reliable measure of crime lucre is difficult. Using proprietary data on cargo theft, I match historical prices of various goods with their thefts and estimate the price elasticity of theft to be 1.225 over a cumulative 7-month horizon. ( JEL K42) [ABSTRACT FROM AUTHOR] AB - Copyright of Economic Inquiry is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - CRIMINALS KW - CRIME -- Economic aspects KW - BLACK market KW - ELASTICITY (Economics) KW - THEFT KW - CONSUMER price indexes KW - ECONOMIC conditions KW - ECONOMIC aspects N1 - Accession Number: 115230748; Shoukry, George F. N. 1; Affiliation: 1: Financial Economist, Division of Insurance and Research, FDIC; Source Info: Jul2016, Vol. 54 Issue 3, p1464; Subject Term: CRIMINALS; Subject Term: CRIME -- Economic aspects; Subject Term: BLACK market; Subject Term: ELASTICITY (Economics); Subject Term: THEFT; Subject Term: CONSUMER price indexes; Subject Term: ECONOMIC conditions; Subject Term: ECONOMIC aspects; Number of Pages: 20p; Illustrations: 4 Charts, 5 Graphs; Document Type: Article L3 - 10.1111/ecin.12334 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=115230748&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER - TY - JOUR AU - Blau, David M. AU - Goodstein, Ryan M. T1 - Commitment in the household: Evidence from the effect of inheritances on the labor supply of older married couples. JO - Labour Economics JF - Labour Economics Y1 - 2016/10// VL - 42 M3 - Article SP - 123 EP - 137 SN - 09275371 AB - We study the effect of receiving an inheritance on the labor force participation (LFP) of both the recipient and the recipient's spouse in a population of older married couples. An inheritance is not subject to laws in the U.S. governing division of marital property at divorce, because it is not acquired with income earned during marriage. Hence it plays the role of a “distribution factor” in the intrahousehold allocation of resources, increasing bargaining power of the recipient. Controlling for inheritance expectations, we interpret the receipt of an inheritance as a shock to wealth. Our results indicate that receiving an inheritance reduces LFP of the recipient by four percentage points, comparable in magnitude to the effect of a self-reported decline in health. However, an inheritance has little or no effect on LFP of the spouse. These estimates are inconsistent with a dynamic, collective model of the household in which spouses have the ability to commit to an ex ante efficient allocation. The results are consistent with a model of limited commitment in which a shock to household resources can alter bargaining power. We discuss the implications for reform of Social Security spouse and survivor benefits. [ABSTRACT FROM AUTHOR] AB - Copyright of Labour Economics is the property of Elsevier Science and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) KW - LABOR supply KW - RESOURCE allocation KW - INHERITANCE & succession KW - HOUSEHOLDS KW - MARRIED people KW - MARITAL property KW - Commitment KW - Household bargaining KW - Inheritance KW - Labor force participation KW - Retirement N1 - Accession Number: 120016234; Blau, David M. 1; Email Address: blau.12@osu.edu; Goodstein, Ryan M. 2; Email Address: rgoodstein@fdic.org; Affiliations: 1: Department of Economics, Ohio State University, United States; 2: Federal Deposit Insurance Corporation, United States; Issue Info: Oct2016, Vol. 42, p123; Thesaurus Term: LABOR supply; Thesaurus Term: RESOURCE allocation; Thesaurus Term: INHERITANCE & succession; Subject Term: HOUSEHOLDS; Subject Term: MARRIED people; Subject Term: MARITAL property; Author-Supplied Keyword: Commitment; Author-Supplied Keyword: Household bargaining; Author-Supplied Keyword: Inheritance; Author-Supplied Keyword: Labor force participation; Author-Supplied Keyword: Retirement; NAICS/Industry Codes: 814110 Private Households; NAICS/Industry Codes: 561320 Temporary Help Services; Number of Pages: 15p; Document Type: Article L3 - 10.1016/j.labeco.2016.08.003 UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=120016234&site=ehost-live&scope=site DP - EBSCOhost DB - buh ER - TY - NEWS AU - Bair, Sheila C. T1 - To Boost the Economy, Help Students First. JO - New York Times JF - New York Times Y1 - 2016/12/21/ VL - 166 IS - 57453 M3 - Editorial SP - A27 EP - A27 SN - 03624331 AB - In this article, the author being a college president, discusses the concern of student borrowers over inability to repay their loans according to the original terms, alternative repayment plans offered by the U.S. Department of Education and need to help students to boost economy. KW - STUDENTS -- United States KW - LOAN reimbursement KW - UNITED States. Dept. of Education N1 - Accession Number: 120316683; Bair, Sheila C. 1,2; Affiliation: 1: President of Washington College. 2: Chairwoman of the Federal Deposit Insurance Corporation.; Source Info: 12/21/2016, Vol. 166 Issue 57453, pA27; Subject Term: STUDENTS -- United States; Subject Term: LOAN reimbursement; Company/Entity: UNITED States. Dept. of Education; Number of Pages: 1/3p; Illustrations: 1 Black and White Photograph; Document Type: Editorial UR - https://auth.lib.unc.edu/ezproxy_auth.php?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=120316683&site=ehost-live&scope=site DP - EBSCOhost DB - aph ER -