Journal Article
Policy update: Fed to begin paying interest on reserves
Wescott, Patricia E.; Walter, John R. (2007-01)
Econ Focus , Volume 11 , Issue Win , Pages 10

Journal Article
Policy update : New reforms for deposit insurance
Wescott, Patricia E. (2006-04)
Econ Focus , Volume 10 , Issue Spr , Pages 5

Journal Article
Antitrust analysis in banking : goals, methods, and justifications in a changed environment
Wescott, Patricia E.; Walter, John R. (2008-01)
During recent decades banking markets have changed considerably. Nevertheless, banking antitrust analysis continues to follow the same basic philosophy laid down 40 years ago by the Supreme Court. Does the change in banking markets imply the need to alter antitrust analysis in banking? This article reviews the methods of antitrust analysis and discusses justifications for them. The article concludes that the means of analysis continues to make sense regardless of a changed environment.
Economic Quarterly , Volume 94 , Issue Win , Pages 45-72

Journal Article
The consolidation of financial regulation: pros, cons, and implications for the United States
Wescott, Patricia E.; Walter, John R.; Pellerin, Sabrina (2009-04)
The U.S. financial system has changed significantly over the last several decades without any major structural changes to the decentralized financial regulatory system, despite numerous proposals. In the past decade, many countries have chosen to consolidate their regulators into a newly formed "single regulator" or have significantly reduced the number of existing regulators in order to form a regulatory structure that more closely mirrors the current financial system -- one that is increasingly dominated by large financial conglomerates. This paper reviews the advantages and ...
Economic Quarterly , Volume 95 , Issue Spr , Pages 121-160

Working Paper
The consolidation of financial market regulation : pros, cons, and implications for the United States
Wescott, Patricia E.; Walter, John R.; Pellerin, Sabrina (2009)
The U.S. financial system has changed significantly over the last several decades without any major structural changes to the decentralized financial regulatory system, despite numerous proposals. In the past decade, many countries have chosen to consolidate their regulators into a newly formed "single regulator" or have significantly reduced the number of existing regulators in order to form a regulatory structure that more closely mirrors the current financial system ? one that is increasingly dominated by large financial conglomerates. This paper reviews the advantages and disadvantages ...
Working Paper , Paper 09-08