Conference Paper
Alligators in the swamp: the impact of derivatives on the financial performance of depository institutions
Moser, James T.; Brewer, Elijah; Jackson, William E. (1996-08)
Proceedings , Issue Aug , Pages 482-501

Working Paper
Failed delivery and daily Treasury bill returns
DeGennaro, Ramon P.; Moser, James T. (1990)
If the seller of a Treasury bill does not provide timely and correct delivery instructions to the clearing bank, the bank does not deliver the security. Further, the seller is not paid until this "failed delivery" is rectified. Since the purchase price is not changed, these "fails" generate interest-free loans from the seller to the buyer. ; This paper studies the effect of failed delivery on Treasury-bill prices. We find that investors bid prices to a premium to reflect the possibility of obtaining the interest-free loans that fails represent. This premium is a function of the ...
Working Papers (Old Series) , Paper 9003

Journal Article
Do market react to bank examination ratings? evidence of indirect disclosure of management quality through BHCs' application to convert to FHC
Moser, James T.; Allen, Linda; Jagtiani, Julapa (2000-10)
Emerging Issues , Issue Oct

Journal Article
Stock margins and the condition probability of price reversals
Moser, James T.; Kofman, Paul (2001-07)
Does the cost of trading affect stock prices? Yes, according to the evidence in this article. The authors find that high costs seem to reduce the frequency of price reversals.
Economic Perspectives , Volume 25 , Issue Q III , Pages 2-12

Journal Article
Determining margin for futures contracts: the role of private interests and the relevance of excess volatility
Moser, James T. (1992-03)
Economic Perspectives , Volume 16 , Issue Mar , Pages 2-18

Journal Article
The value of using interest rate derivatives to manage risk of U.S. banking organizations
Moser, James T.; Brewer, Elijah; Jackson, William E. (2001-07)
This article examines the major differences in the accounting and stock market characteristics of banking organizations that use derivatives relative to those that do not.
Economic Perspectives , Volume 25 , Issue Q III

Journal Article
A review of regulatory mechanisms to control the volatility of prices
Kodres, Laura E.; Moser, James T.; France, Virginia G. (1994-11)
Economic Perspectives , Volume 18 , Issue Nov

Journal Article
Circuit breakers
Moser, James T. (1990-09)
Economic Perspectives , Volume 14 , Issue Sep , Pages 2-13

Journal Article
Does program trading cause stock prices to overreact?
Moser, James T. (1994-07)
Economic Perspectives , Volume 18 , Issue Jul , Pages 19-24

Journal Article
Credit derivatives: just-in-time provisioning for loan losses
Moser, James T. (1998-10)
Credit derivative contracts offer a new route for managing counterparty exposures. This article discusses two formats of these contracts. The contracts have potential for providing portfolio managers with a cost effective, just-in-time source of liquidity.
Economic Perspectives , Volume 22 , Issue Q IV