Journal Article
SIC: Switzerland's new electronic interbank payment system
Vital, Christian; Mengle, David L. (1988-11)
It is an article of faith among American bankers and their regulators that some daylight overdrafts are necessary to the efficient functioning of large-dollar wire transfer systems. But the Swiss have injected an element of doubt by developing a system that does away with daylight overdrafts. Their new system processes a payment only if sufficient clearing funds are on deposit in the sending banks reserve account. If sufficient funds are not available, the payment is held in a queue until covering funds have arrived. Vital and Mengle describe the first eighteen months of the systems operation.
Economic Review , Volume 74 , Issue Nov , Pages 12-27

Working Paper
Logit analysis of the effect of rent control on housing quality
Mengle, David L. (1985)
Rent control is one of the few policy issues on which there is a general agreement among economists. Economic theory predicts, and few economists have tried to dispute, that imposing rent controls on a housing market is likely to lead to rental housing shortages and general deterioration of quality. Even on income distribution grounds, rent control receives poor reviews, since it is generally agreed to be a clumsy and inexact means of helping the poor.
Working Paper , Paper 85-06

Monograph
The discount window
Mengle, David L. (1998)
Monograph

Conference Paper
How market value accounting would affect banks
Mengle, David L.; Walter, John R. (1991)
Proceedings , Paper 336

Journal Article
A review of bank performance in the Fifth District, 1985
Mengle, David L.; Walter, John R. (1986-07)
An abstract for this article is not available
Economic Review , Volume 72 , Issue Jul , Pages 25-33

Journal Article
Intraday credit: risk, value, and pricing
Summers, Bruce J.; Humphrey, David B.; Mengle, David L. (1987-01)
An abstract for this article is not available
Economic Review , Volume 73 , Issue Jan , Pages 3-14

Journal Article
A review of bank performance in the Fifth District, 1984
Mengle, David L.; Walter, John R. (1985-07)
1984 was another strong year for Fifth District banks. Average return on assets, though slightly lower than in 1983, was still higher than the national average. This article, by David L. Mengle and John R. Walter, analyzes the factors affecting the profitability of District banks in 1984 to explain this relatively strong performance. District banks were successful in reducing noninterest expense in 1984, and maintaining net interest margins higher than the national average. Increases in provisions for loan losses, however, reduced returns slightly below 1983 levels. District banks capital ...
Economic Review , Volume 71 , Issue Jul , Pages 12-22

Journal Article
A review of bank performance in the Fifth district, 1986
Mengle, David L.; Walter, John R. (1987-07)
Gains from sales of securities and lower loan loss previsions helped bring higher profits to large Fifth District commercial banks in 1986. At the same time, small- and medium-sized bank profits fell slightly in the District from the previous year. As in the past few years, Fifth District banks outperformed banks in the rest of the United States. For the benefit of those readers curious about the problems connected with measuring bank performance, the authors discuss the most common bank profitability measures and the consequences of relying on accounting rather than market data.
Economic Review , Volume 73 , Issue Jul , Pages 29-37

Journal Article
Behind the money market: clearing and settling money market instruments
Mengle, David L. (1992-09)
When a money market instrument is traded, the clearing and settlement process establishes the change in ownership. Because the process involves both costs and risks, money market participants have developed means of making clearing and settlement more efficient and less risky.
Economic Review , Volume 78 , Issue Sep , Pages 3-11

Journal Article
The future of deposit insurance: an analysis of the alternatives
Mengle, David L.; Kuprianov, Anatoli (1989-05)
Deposit insurance, while reducing the threat of bank runs, also lessens bankers incentives to control risks. Reforms of the deposit insurance system are necessary to discourage excessive risk taking such as characterized the recent S&L crisis. The adoption of market value accounting, early closing of failed banks, and exposing uninsured depositors and creditors to lossesall would give bankers less incentives to take excessive risks with insured deposits.
Economic Review , Volume 75 , Issue May , Pages 3-15