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

Working Paper
The effect of second generation rent controls on the quality of rental housing
Mengle, David L. (1985)
Microeconomic theory predicts that rent controls will lead to greater housing quality deterioration than would have been the case in an uncontrolled market. However, empirical analyses of rent control have concentrated on income distribution effects. This study tests the hypothesis of quality deterioration using a two period linked sample of dwelling units drawn from eight Standard Metropolitan Statistical Areas, half of which have rent control laws. The results indicate that quality was 7.1% lower in controlled markets in 1974, and 13.5% lower in 1977. Slow, cumulative effects of deferred ...
Working Paper , Paper 85-05

Monograph
Behind the money market: clearing and settling money market instruments
Mengle, David L. (1998)
Monograph

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

Journal Article
A review of bank performance in the Fifth District, 1987
Walter, John R.; Mengle, David L. (1988-07)
Profits at Fifth District commercial banks declined significantly during 1987. But the Fifth District decline pales in comparison with the dramatic fall in profitability for banks in the rest of the nation. Much of the decline in both Fifth District banks and throughout the nation was due to increased loan loss provisions at large banks, mostly against expected losses on Third World loans.
Economic Review , Volume 74 , Issue Jul , Pages 13-18

Journal Article
A review of bank performance in the Fifth district, 1986
Walter, John R.; Mengle, David L. (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

Working Paper
Legal and regulatory reform in electronic payments: an evaluation of finality of payment rules
Mengle, David L. (1988)
Each day approximately $1.3 trillion changes hands by means of wholesale wire transfers. Of this total, about $638 billion is exchanged on Fedwire, the Federal Reserve wire transfer network, while just under $622 billion moves over the privately-owned Clearing House Interbank Payment System (CHIPS). On Fedwire, the average transfer is $2.9 million, while transfers on CHIPS average $4.6 million. With such substantial amounts involved in virtually instantaneous transactions, it is not surprising that concern has risen over risks that a large network network participant will fail to settle its ...
Working Paper , Paper 88-02

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

Journal Article
Banking under changing rules: the fifth district since 1970
Mengle, David L. (1989-03)
Since 1970, the Fifth District has seen changes in state laws governing bank branching and interstate banking and in federal laws governing bank holding company activities. Now that branching within states has been liberalized in all Fifth District jurisdictions, the major field for future evolution of the law is in interstate banking. In particular, nationwide interstate banking, interstate branching, and de novo entry are the last areas in which the law blocks competition among banks.
Economic Review , Volume 75 , Issue Mar , Pages 3-7

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