NBER Publications by Charles W. Calomiris

Contact and additional information for this authorAll papers and publicationsWorking Papers onlyWorking Papers with publication info

Working Papers and Chapters

January 2014Corporate Governance and Risk Management at Unprotected Banks: National Banks in the 1890s
with Mark Carlson: w19806
November 2013Betting on Secession: Quantifying Political Events Surrounding Slavery and the Civil War
with Jonathan Pritchett: w19625
September 2012The Effects of Reconstruction Finance Corporation Assistance on Michigan’s Banks’ Survival in the 1930s
with Joseph R. Mason, Marc Weidenmier, Katherine Bobroff: w18427
February 2012Crisis-Related Shifts in the Market Valuation of Banking Activities
with Doron Nissim: w17868
Does Macro-Pru Leak? Evidence from a UK Policy Experiment
with Shekhar Aiyar, Tomasz Wieladek: w17822
January 2012The Housing Wealth Effect: The Crucial Roles of Demographics, Wealth Distribution and Wealth Shares
with Stanley D. Longhofer, William Miles: w17740
January 2011Did Doubling Reserve Requirements Cause the Recession of 1937-1938? A Microeconomic Approach
with Joseph Mason, David Wheelock: w16688
November 2010Crisis “Shock Factors” and the Cross-Section of Global Equity Returns
with Inessa Love, Maria Soledad Martinez Peria: w16559
October 2009Banking Crises and the Rules of the Game
June 2009The (Mythical?) Housing Wealth Effect
with Stanley D. Longhofer, William Miles: w15075
September 2008The Foreclosure-House Price Nexus: Lessons from the 2007-2008 Housing Turmoil
with Stanley D. Longhofer, William Miles: w14294
August 2008Preserving Slave Families for Profit: Traders' Incentives and Pricing in the New Orleans Slave Market
with Jonathan Pritchett: w14281
February 2008Profiting from Government Stakes in a Command Economy: Evidence from Chinese Asset Sales
with Raymond Fisman, Yongxiang Wang: w13774
November 2007Bank Failures in Theory and History: The Great Depression and Other "Contagious" Events
February 2007Activity-Based Valuation of Bank Holding Companies
with Doron Nissim: w12918
October 2006Devaluation with Contract Redenomination in Argentina
Relationship Banking and the Pricing of Financial Services
with Thanavut Pornrojnangkool: w12622
May 2005Venture Capital as Human Resource Management
with Antonio Geldson de Carvalho, Joao Amaro de Matos: w11350
Monopoly-Creating Bank Consolidation? The Merger of Fleet and BankBoston
with Thanavut Pornrojnangkool: w11351
Banker Fees and Acquisition Premia for Targets in Cash Tender Offers: Challenges to the Popular Wisdom on Banker Conflicts
with Donna M. Hitscherich: w11333
December 2004Resolving the Puzzle of the Underissuance of National Bank Notes
with Joseph R. Mason: w10951
January 2004How to Restructure Failed Banking Systems: Lessons from the United States in the 1930s and Japan in the 1990s
with Joseph Mason
in Governance, Regulation, and Privatization in the Asia-Pacific Region, NBER East Asia Seminar on Economics, Volume 12, Takatoshi Ito and Anne O. Krueger, editors
April 2003How to Restructure Failed Banking Systems: Lessons from the U.S. in the 1930's and Japan in the 1990's
with Joseph R. Mason: w9624
January 2001Can Emerging Market Bank Regulators Establish Credible Discipline? The Case of Argentina, 1992–99
with Andrew Powell
in Prudential Supervision: What Works and What Doesn't, Frederic S. Mishkin, editor
September 2000Causes of U.S. Bank Distress During the Depression
with Joseph R. Mason: w7919
May 2000Can Emerging Market Bank Regulators Establish Credible Discipline? The Case of Argentina, 1992-1999
with Andrew Powell: w7715
January 2000Is the Bank Merger Wave of the 1990s Efficient? Lessons from Nine Case Studies
with Jason Karceski
in Mergers and Productivity, Steven N. Kaplan
July 1998Bank Capital and Portfolio Management: The 1930's Capital Crunch and Scramble to Shed Risk
with Berry Wilson: w6649
January 1998Was the Great Depression a Watershed for American Monetary Policy?
with David Wheelock
in The Defining Moment: The Great Depression and the American Economy in the Twentieth Century, Michael D. Bordo, Claudia Goldin and Eugene N. White, editors
March 1997Was the Great Depression a Watershed for American Monetary Policy?
with David C. Wheelock: w5963
February 1996Financing the American Corporation: The Changing Menu of Financial Rela-tionships
with Carlos D. Ramirez: h0079
January 1996The Efficiency of Self-Regulated Payments Systems: Learning From the Suffolk System
with Charles M. Kahn: w5442
January 1995The Costs of Rejecting Universal Banking: American Finance in the German Mirror, 1870-1914
in Coordination and Information: Historical Perspectives on the Organization of Enterprise, Naomi R. Lamoreaux and Daniel M.G. Raff, Editors
November 1994Contagion and Bank Failures During the Great Depression: The June 1932 Chicago Banking Panic
with Joseph R. Mason: w4934
Historical Macroeconomics and American Macroeconomic History
with Christopher Hanes: w4935
September 1994Commercial Paper, Corporate Finance, and the Business Cycle: A Microeconomic Perspective
with Charles P. Himmelberg, Paul Wachtel: w4848
July 1994Leverage as a State Variable for Employment, Inventory Accumulation, andFixed Investment
with Athanasios Orphanides, Steven A. Sharpe: w4800
January 1994The Origins of Federal Deposit Insurance
with Eugene N. White
in The Regulated Economy: A Historical Approach to Political Economy, Claudia Goldin and Gary D. Libecap, editors
December 1993Is the Discount Window Necessary? A Penn-Central Perspective
July 1993Corporate-Finance Benefits from Universal Banking: Germany and the United States, 1870-1914
March 1993Internal Finance and Investment: Evidence from the Undistributed Profits Tax of 1936-1937
with R. Glenn Hubbard: w4288
September 1992Greenback Resumption and Silver Risk: The Economics and Politics of Monetary Regime Change in the United States, 1862-1900
January 1991The Origins of Banking Panics: Models, Facts, and Bank Regulation
with Gary Gorton
in Financial Markets and Financial Crises, R. Glenn Hubbard, editor
1988Firm Heterogeneity, Internal Finance, and `Credit Rationing'
with R. Glenn Hubbard: w2497
November 1987Growing in Debt: The 'Farm Crisis' and Public Policy
with R. Glenn Hubbard, James H. Stock: w2085
April 1987International Adjustment Under the Classical Gold Standard: Evidence for the U.S. and Britain, 1879-1914
with R. Glenn Hubbard: w2206
October 1985Price Flexibility, Credit Rationing, and Economic Fluctuations: Evidence from the U.S., 1879-1914
with R. Glenn Hubbard: w1767

Contact and additional information for this authorAll papers and publicationsWorking Papers onlyWorking Papers with publication info

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