Working Paper
Pawnbroking in America: the economics of forgotten credit market
Caskey, John P. (1989)
Research Working Paper , Paper 89-17

Working Paper
The evolution of the Philadelphia Stock Exchange: 1964-2002
Caskey, John P. (2003)
This paper analyzes the evolution of the Philadelphia Stock Exchange (PHLX), America's oldest stock exchange, from 1964 through 2002. The paper seeks to explain how the PHLX managed to attract a sufficient volume of trading orders to support its members and cover its operating costs during this period, and how it adapted to survive in an era with profound changes in the structure of securities markets.
Working Papers , Paper 03-21

Working Paper
Bank representation in low-income and minority urban communities
Caskey, John P. (1992)
Research Working Paper , Paper 92-10

Conference Paper
Reaching out to the unbanked
Caskey, John P. (2001)
Proceedings , Paper 786

Journal Article
Is the debit card revolution finally here?
Sellon, Gordon H.; Caskey, John P. (1994-10)
For three decades, experts on payments systems have forecast the imminent arrival of a completely electronic, paperless payment system. In this vision of the future, households, businesses, and government agencies would replace paper transactions with faster, more efficient electronic payments. The centerpiece of this new payment world is the debit card, a magnetically encoded plastic card that would eliminate cash, checks, and even credit cards in most retail transactions.> While some parts of this payment revolution have arrived, in many respects the forecasts have proved to be overly ...
Economic Review , Volume 79 , Issue Q IV , Pages 79-95

Working Paper
Payday lending: new research and the big question
Caskey, John P. (2010)
Payday lending is controversial. In the states that allow it, payday lenders make cash loans that are typically for $500 or less that the borrower must repay or renew on his or her next payday. The finance charge for the loan is usually 15 to 20 percent of the amount advanced, so for a typical two-week loan the annual percentage interest rate is about 400 percent. In this article, the author briefly describes the payday lending business and explains why it presents challenging public policy issues. The heart of this article, however, surveys recent research that attempts to answer what the ...
Working Papers , Paper 10-32

Working Paper
Check-cashing outlets in a changing financial system
Caskey, John P. (2002)
This paper discusses changes in the financial sector that threaten traditional check-cashing outlets (CCOs). Specifically, the paper focuses on four developments that may radically alter the check-cashing industry over the coming decade: the growing use of electronic payments, the deployment of automated check-cashing machines, the rise of payday lending, and the development of "bank/CCO hybrids."
Working Papers , Paper 02-4

Journal Article
The evolution of the Philadelphia Stock Exchange
Caskey, John P. (2004-04)
In "The Evolution of the Philadelphia Stock Exchange," one of our visiting scholars, Swarthmore College professor John Caskey, explains some of the factors that account for the PHLX's long life. Although Caskey focuses on the evolution of the PHLX, he also profiles some of the seismic shifts in U.S. securities markets in recent decades and illuminates the role of the largely overlooked regional stock exchanges.
Business Review , Issue Q2 , Pages 18-29

Journal Article
Pawnshops: the consumer's lender of last resort
Zikmund, Brian J.; Caskey, John P. (1990-03)
Economic Review , Volume 75 , Issue Mar , Pages 5-18

Working Paper
Who has a bank account and who doesn't: 1977 and 1989
Caskey, John P.; Peterson, Andrew (1993)
Research Working Paper , Paper 93-10