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Author:Keeley, Michael C. 

Journal Article
The regulation of bank entry

Economic Review , Issue Sum , Pages 5-13

Conference Paper
Bank capital regulation in the 1980s: effective or ineffective?

Proceedings , Paper 193

Working Paper
Deposit insurance, risk, and market power in banking

A fixed-rate deposit insurance system provides a moral hazard for excessive risk taking and is not viable absent regulation. Although the deposit insurance system appears to have worked remarkably well over most of its 50-year history, major problems began to appear in the early 1980s. This paper addresses the puzzle of why major problems began to arise in the early 1980s and not sooner. ; The hypothesis is that increases in competition caused bank charter values to decline, which, in turn, caused banks to- increase default risk through increases. in asset risk and reductions in capital. This ...
Working Papers in Applied Economic Theory , Paper 88-07

Journal Article
Interest checking and M1

FRBSF Economic Letter

Journal Article
Unemployment vs. employment

FRBSF Economic Letter

Journal Article
A reexamination of mean-variance analysis of bank capital regulation ( reprinted from Journal of Banking and Finance)

Economic Review , Issue Sum , Pages 40-48

Journal Article
States take the lead

FRBSF Economic Letter

Journal Article
Subordinated debt as bank capital

FRBSF Economic Letter

Journal Article
Bank runs

FRBSF Economic Letter

Journal Article
The health of banks and thrifts

FRBSF Economic Letter

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