Working Paper
On SBA-guaranteed lending and economic growth
Craig, Ben R.; Thomson, James B.; Jackson, William E. (2004)
Increasingly, policymakers are looking to the small business sector as a potential engine of economic growth. Policies to promote small businesses include tax relief, direct subsidies, and indirect subsidies through government lending programs. Encouraging lending to small business is the primary policy objective of the Small Business Administration (SBA) loan-guarantee program. Using a panel data set of SBA-guaranteed loans we assess whether SBA-guaranteed lending has an observable impact on local and regional economic performance.
Working Papers (Old Series) , Paper 0403

Journal Article
A conference on federal credit allocation
Haubrich, Joseph G.; Thomson, James B. (1994-07)
An overview of an October 1993 conference that examined the costs, causes, and consequences of credit allocation by the federal government, covering both the broad rationale for government intervention in U.S. credit markets and a number of specific programs and regulations.
Economic Review , Volume 30 , Issue Q III , Pages 2-13

Journal Article
Are SBA loan guarantees desirable?
Craig, Ben R.; Thomson, James B.; Jackson, William E. (2004-09)
Over the last 10 years, the Small Business Administration has been responsible for well over $100 billion in small business credit extensions, more than any single private lender. This Commentary explores the motivations for such a large investment of taxpayer dollars.
Economic Commentary , Issue Sep

Journal Article
Underlying causes of commercial bank failures in the 1980s
Seballos, Lynn D.; Thomson, James B. (1990-09)
An examination of the contributions of economic and managerial factors to commercial bank failures in the 1980s.
Economic Commentary , Issue Sep

Journal Article
Equity, efficiency, and mispriced deposit guarantees
Thomson, James B. (1986-07)
A discussion of federal deposit insurance, with the contention that it can be misused and can help destabilize the financial system by permitting insured institutions to take irresponsible risks.
Economic Commentary , Issue Jul

Journal Article
Who benefits from increasing the federal deposit insurance limit?
Thomson, James B. (2001-09)
This Commentary seeks to shed light on the issue of deposit insurance coverage by examining who would benefit from increases in the insured-deposit limit.
Economic Commentary , Issue Sep

Conference Paper
Introduction
Haubrich, Joseph G.; Thomson, James B. (1994)
Proceedings

Journal Article
Federal funds futures as an indicator of future monetary policy: a primer
McIntire, Jean M.; Carlson, John B.; Thomson, James B. (1995-01)
An analysis of how federal funds futures markets are efficient processors of information concerning the future path of the fed funds rate and a discussion of some related implications for central-bank policymaking.
Economic Review , Issue Q I , Pages 20-30

Conference Paper
Depositor preference legislation and failed banks' resolution costs
Osterberg, William P.; Thomson, James B. (1998)
Proceedings , Paper 591

Journal Article
The truth about hedge funds
Osterberg, William P.; Thomson, James B. (1999-05)
Do hedge funds help or hurt the financial markets in which they operate? The highly publicized troubles of Long Term Capital Management have once again focused the attention of policymakers and the press on the hedge fund industry and the cry for its regulation. This Economic Commentary refutes some of the commonly held myths about hedge funds and examines the rationale for regulating them.
Economic Commentary , Issue May