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Author:Stiroh, Kevin J. 

Journal Article
Is the United States losing its productivity advantage?

Strikingly high rates of labor productivity growth in China, India, and other emerging economies have prompted concerns that U.S. workers and firms are losing ground to their competitors in world markets. A closer look at the evidence, however, suggests that rapid foreign productivity growth will bring gains as well as losses to the U.S. economy. Some import-competing firms may be compelled to restructure or leave the market, but consumers will benefit from lower import prices and more import varieties, and U.S. exporters may gain access to cheaper intermediate products from abroad.
Current Issues in Economics and Finance , Volume 13 , Issue Sep

Speech
The Basel Committee’s Initiatives on Climate-Related Financial Risks

Remarks on the panel "New regulatory and policy landscape for sustainable finance," 2020 IIF Annual Membership Meeting (delivered via videoconference).
Speech

Speech
A perspective on supervisory objectives and trade-offs: keynote remarks at Conference on “Optimal Bank Capital Regulation”

Keynote Remarks at Columbia University?s School of International and Public Affairs and the Clearing House Association Conference on ?Optimal Bank Capital Regulation,? Columbia University, New York.
Speech , Paper 234

Report
Compositional dynamics and the performance of the U.S. banking industry

As the U.S. banking industry continuously evolves, changes in industry composition have a direct impact on the aggregate performance of the industry. This paper presents a new decomposition framework for commercial banks and shows that both firm-level changes and dynamic reallocation effects--due to increased market share of successful banks, exit of poor performers, and new entrants--made substantial contributions to changes in profitability and capitalization of the U.S. banking industry from 1976 to 1998. In periods of declining profits, these reallocations were particularly important, ...
Staff Reports , Paper 98

Speech
The theory and practice of supervision--Remarks at the SIFMA Internal Auditors Society Education Luncheon, Harvard Club, New York City

Remarks at the SIFMA Internal Auditors Society Education Luncheon, Harvard Club, New York City.
Speech , Paper 203

Speech
Opening Remarks at the GARP Global Risk Forum, Federal Reserve Bank of New York

Remarks at the Federal Reserve Bank of New York | GARP Global Risk Forum.
Speech , Paper 225

Speech
Climate Change and Risk Management in Bank Supervision

Remarks at Risks, Opportunities, and Investment in the Era of Climate Change, Harvard Business School, Boston, Massachusetts.
Speech

Journal Article
Why we do what we do: the views of bankers, insurers, and securities firms on specialization and diversification

Economic Policy Review , Issue Oct , Pages 81-87

Speech
Thoughts on cybersecurity from a supervisory perspective: remarks at SIPA’s Cyber Risk to Financial Stability: State-of-the-Field Conference 2019, Federal Reserve Bank of New York, New York City

Remarks at SIPA?s Cyber Risk to Financial Stability: State-of-the-Field Conference 2019, Federal Reserve Bank of New York, New York City.
Speech , Paper 317

Speech
Opening Remarks to Community Bankers Conference, Federal Reserve Bank of New York, New York City

Remarks to Community Bankers Conference, Federal Reserve Bank of New York, New York City.
Speech , Paper 314

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